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Link to original content: http://www.statista.com/statistics/789376/competitiveness-index-trinidad-and-tobago/
Competitiveness index of Trinidad & Tobago 2019 | Statista

Trinidad & Tobago: competitiveness index 2008-2019

Published by Statista Research Department, Jul 31, 2024
The score given to Trinidad and Tobago on the Global Competitiveness Report, a study that assesses the competitiveness level of countries' economies worldwide, has been increasing recently. In 2019, the economy of the Caribbean country had a competitiveness index of 58.3 points (in a range from 1 to 100), up from 57.88 points recorded a year earlier.

Moreover, the growth rate of Trinidad and Tobago's domestic product (GDP) is expected to rise within the next years.

Competitiveness index of Trinidad and Tobago from 2008 to 2019

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Release date

October 2019

Region

Trinidad & Tobago

Survey time period

2008 to 2019

Supplementary notes

* From 2017, the study methodology changed. Before 2017, the index ranged from 1 to 7. As of 2017, it ranges from 1 to 100.
The Global Competitiveness Index is based on twelve pillars of competitiveness, such as technology levels, infrastructure, labor market efficiency, etc. These indicators are combined in an index which provides insight into how a country is able to generate wealth.

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