WebEconomy sectors - Trinidad and Tobago. Compare to: Topic. Value. Agriculture products. cocoa, rice, citrus, coffee, vegetables; poultry; sugar. Industrial products. petroleum and … WebFacing what looks like a prolonged period of economic contraction due to a sharp decline in energy fortunes, Trinidad and Tobago is increasingly looking towards the private sector to play a greater role in stimulating economic recovery and transformation. This narrative is not new and is consistent with the country's continuous pursuit of diversifying its …
Economy, from The Report: Trinidad & Tobago 2024 - Oxford …
WebThe economic activity of Trinidad and Tobago is estimated to have contracted by 0.4% in 2024, ... in the overall deficit to 14.5 billion Trinidad and Tobago dollars (TT$), equivalent to 8.8% of GDP, up ... Private sector credit rose by 4.6% in 2024, slightly faster than the 4.3% growth in 2024. Growth in 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 fix laptop to desk
Trinidad and Tobago Industry Sectors - Economy Watch
WebAug 18, 2024 · Overview. With U.S. exports totaling $368 million in 2024, TT is the second largest market in the English-speaking Caribbean for U.S. agricultural exports. … WebAccording to the 2024 Human Development Report for Trinidad and Tobago, the most recent data on multidimensional poverty date from 2011, indicating that then 0.6% of the population (9,000 people) were multidimensionally poor, while an additional 3.7% were classified as vulnerable to multidimensional poverty (51,000). WebQuick Facts Population: 1.4 million GDP (PPP): $37.7 billion -2.4% 5-year compound annual growth $26,802 per capita Unemployment: 3.2% Inflation (CPI): 1.1% Public Debt: 60.6% … cannabis stores in worcester