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Trinidad and Tobago Patent Applications

Patent applications by residents  IP.PAT.RESD

Trinidad and Tobago's patent applications was 2 in 2021, ranked 110th globally. This represents a 100.0% increase from 2020. Data from World Bank, covering 1980–2021.

2 +1 (+100.0%)
Year 2021 Rank #110 Global Peak 29 (1993) Source World Bank

Trinidad and Tobago Patent Applications (1980–2021)

Overview

Trinidad and Tobago's patent applications stood at 2 in 2021, a rise of +1 from 2020. Trinidad and Tobago ranked 110th globally.

Trinidad and Tobago's patent applications have experienced significant fluctuations over the past 21 years. Notably, the country's all-time peak of 29 patent applications in 1993 suggests a period of innovation and technological advancement. Conversely, the COVID-19 pandemic led to a sharp decline, with patent applications plummeting to a mere 1.00 in 2020. As of 2021, Trinidad and Tobago ranked 110 globally with 2.00 patent applications, a recovery that still lags behind peer countries such as El Salvador, which ranked similarly with 2.00 applications. This stagnation is concerning, particularly when compared to countries like Macao SAR, China, which has demonstrated a more consistent trajectory. The current trend suggests a slow recovery, but a sustained investment in research and development, as well as a more favorable business environment, would be necessary to reverse this trajectory and propel Trinidad and Tobago towards a more innovation-driven economy.

Data & projection

Year Patent Applications YoY change Rank
2021 2 +1 #110
2020 1 +0 #118
2019 1 −3 #114
2018 4 +1 #111
2016 3 +0 #116
2015 3 −1 #107
2014 4 +2 #103
2012 2 +1 #104
2008 1 −1 #96
2007 2 +1 #96
2005 1 −2 #97
2004 3 +1 #90
2002 2 −15 #90
1997 17 +8 #79
1996 9 −15 #88
Show all years (1980-2021)

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +12.9% GDP growth 3.7% C/A balance 14.1%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Trinidad and Tobago matched the Export Boom Cycle pattern in 2014. Historically, 71% of countries showing this pattern (546 out of 768) saw patent applications improve within 24 months. View full analysis →

Frequently Asked Questions

What is Trinidad and Tobago's patent applications?▾

Trinidad and Tobago's patent applications was 2 in 2021. Ranked 110th globally. This represents a 100.0% increase from the previous year.

What was the highest patent applications in Trinidad and Tobago?▾

Trinidad and Tobago's patent applications peaked at 29 in 1993.

What was the lowest patent applications in Trinidad and Tobago?▾

The lowest patent applications in Trinidad and Tobago was 1 in 2005.

How does Trinidad and Tobago rank in patent applications?▾

Trinidad and Tobago ranks 110th globally in patent applications as of 2021.

What is the World Bank indicator code for patent applications?▾

The World Bank indicator code is IP.PAT.RESD. Data sourced from World Bank.

What is the patent applications of Trinidad and Tobago in 2021?▾

The patent applications of Trinidad and Tobago in 2021 was 2. This ranks 110th in the world.

Cite this page

APA
Trinidad and Tobago Patent Applications. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/trinidad-and-tobago/patents/
BibTeX
@misc{historysaid_trinidad-and-tobago_patents, title = {Trinidad and Tobago Patent Applications}, url = {https://historysaid.com/trinidad-and-tobago/patents/}, publisher = {HistorySaid}, year = {2026} }
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