WebTrinidad and Tobago relies on its energy sector for much of its economic activity, and has one of the highest per capita incomes in Latin America. Economic growth between 2000 and 2007 averaged slightly over 8% per year, significantly above the regional average of about 3.7% for that same period; however, GDP has slowed down since then ... The economy of Trinidad and Tobago is the third wealthiest in the Caribbean and the fifth-richest by GDP (PPP) per capita in the Americas. Trinidad and Tobago is recognised as a high-income economy by the World Bank. Unlike most of the English-speaking Caribbean, the country's economy is primarily industrial, … See more The country is also a regional financial center, and tourism is a growing sector, although it is not proportionately as important as in many other Caribbean islands. The economy benefits from a growing trade … See more Trinidad and Tobago has been involved in the petroleum sector for over one hundred years. There has been considerable oil and gas production … See more Tourism is another area which it is believed will soon develop rapidly, and an increased demand for jobs. The European Union Council on Tourism and Trade (EUCTT) has also awarded the nation as being "The Best Tourist Destination for 2012". Local hotels … See more Economic aid – recipient: $200,000 (2007 est.) Reserves of foreign exchange and gold: $8.095 billion … See more Trinidad and Tobago has a relatively modern, robust and reliable Information and Communications Technology (ICT) infrastructure. Mobile phone service is widespread and … See more In addition the thriving energy sector, the nation controls 0.25% of the world's natural gas with a GDP of twenty billion US dollars … See more Recently, the country's economy has been negatively affected by fluctuating oil and gas prices and in an effort to undergo economic transformation through diversification, the government has identified the creative industries, particularly the … See more

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WebApr 10, 2024 · THE insurance industry plays a crucial role in Tobago, contributing to four per cent of its GDP, outperforming both the manufacturing and agriculture sectors combined. The statistics were revealed by Tobago House of Assembly Chief Secretary Farley Augustine on April 5 at the launch of the local chapter of the General Agents and … WebThe EB analyses changes in economic growth, monetary aggregates, fiscal operations of the Government and the external accounts of the Trinidad and Tobago economy. Download Report Highlights: • Global economic growth lost momentum in the second half of 2024 as aggressive monetary policy tightening to combat inflation stymied demand. iphone se pw

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WebTrinidad and Tobago is a small but high-income country, particularly when compared to other island nations in the Caribbean. The current ocean-based economy is dominated by the oil and gas sector. This dependence on a single sector has led to a ‘boom-and-bust’ economic cycle that is heavily reactive to, and dependent on, external market ... WebNov 11, 2024 · In Trinidad and Tobago, for example, artisanal fishing vessels transport drugs and guns from Venezuela to Trinidad and Tobago as well as illegal migrants and, in Jamaica, fishing canoes transport ... WebYou may also be interested in: Business Counts Central Government Finance Statistics Merchandise Trade-Imports & Exports Index of Retail Prices Domestic Industrial Production Data on Oil, Natural Gas and Petroleum Extractive Activities Data on Extractive Activities, Historical Oil and Gas Production Labour Force iphone se red by sfr