Source
Central bank

Central Bank of Trinidad and Tobago

International Reserves

US$ 10.675 billion (Source: World Bank; Data updated: 2013)

Gross Domestic Product - GDP

US$ 29 billion (2014 estimate)

GDP (Purchasing Power Parity)

28 billion of International dollars (2014 estimate)

Real GDP growth
2003 2004 2005 2006 2007 2008 2009 2010
14.4% 8% 6.2% 13.2% 4.8% 3.4% -4.4% 0.2%
2011 2012 2013 2014*        
-2.6% 1.2% 1.6% 2.2%        

*Estimate

GDP per capita - current prices

US$ 21,462 (2014 estimate)

GDP per capita - PPP

$21,096 International Dollars (2014 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2014*
0.05% 0.03% 0.03% 0.04% 0.03%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 0.3% 
  • industry: 57.7% 
  • services: 42% (2013 estimate)
Gross domestic expenditure on R&D; (% of GDP)

N/A

Inflation
2011 2012 2013 2014*
5.1% 9.3% 5.2% 4.8%

*Estimate

Unemployment rate
2011 2012 2013 2014*
5.0% 4.8% 5.0% 5.0%

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2010 2011 2012 2013 2014*
35.8% 33.4% 36.9% 30.6% 33.3%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2010 2011 2012 2013 2014*
-3.8% -0.1% -0.3% -2.3% -2.5%

*Estimate   

Government bond ratings

Standard & Poor's: A

Moody's rating: Baa1

Moody's outlook: STA

(Foreign Currency Government Bond Ratings; Data last updated Sept  2014)

Market value of publicly traded shares
2010* 2011 2012**
US$12.16 billion US$14.73 billion US$15.17 billion

*2010 Estimate     **2012 Estimate    

Largest companies in Trinidad and Tobago

N/A

 
 
Source
Current account balance

US$ 2.916 billion (2014 estimate)

Current account balance by percentage of GDP

10.058% of GDP (2014 estimate)

Exports as percent of GDP(Exports of goods and services)

88.1%

(Data released on October 2014)

Shares in world total merchandising export

0.07% (2012)

(Data were released in MArch 2014 and refer to 2011)

Shares in world total commercial services export

0.14% (2011)

(Data were released in March 2014)

Total exports

US$12.860 billion (2013 estimate) 

Export commodities

petroleum and petroleum products, liquefied natural gas, methanol, ammonia, urea, steel products, beverages, cereal and cereal products, sugar, cocoa, coffee, citrus fruit, vegetables, flowers

Total imports

US$9.638 billion (2013 estimate) 

 
 
Source
Import commodities

mineral fuels, lubricants, machinery, transportation equipment, manufactured goods, food, chemicals, live animals

Exports - major partners

US 42.1%, Chile 7.1%, Argentina 6.5%, Spain 4.5% (2012)

Imports - major partners

US 33.1%, Brazil 8.1%, Colombia 7.7%, Gabon 5.5%, Canada 4.4%, China 4.2% (2012)

FDI inflows
2011 2012 2013
US$1,831 million US$2,453 million US$1,713 million
FDI outflows
2011 2012 2013  
US$1,060 million US$1,681 million US$742 million  
Value of cross-border M&A;, by country of purchaser
2010 2011 2012 2013
US$0 million US$-15 million  US$0 million US$-244 million
Cross-border M&A; deals worth over $3 billion completed in 2010(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2011(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Best countries for doing business World Bank/IFC Doing Business Project

Economies are ranked on their ease of doing business, from 1 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 66 out of 189 countries  (2013)

Subcategories:

Starting a business: 67 out of 189 countries

Enforcing Contracts: 174 out of 189 countries

Registering Property: 178 out of 189  countries

Getting credit: 28 out of 189 countries

Protecting investors: 22 out of 189 countries

Trading across border: 73 out of 189 countries

Paying Taxes: 97 out of 189 countries

Dealing with Construction Permits: 77 out of 189 countries

Getting Electricity: 10 out of 189 countries

Resolving Insolvency: 114 out of 189 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

89

(2014-2015)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 73 Score: 62.7 (Moderately Free)

(100=totally free 0=totally repressed )

 
 
Source
Time zone

UTC-4

Total area

5,128 sq km

Capital

Port-of-Spain

Currency

Trinidad and Tobago dollars (TTD)

Government type

parliamentary democracy

Languages

English (official), Caribbean Hindustani (a dialect of Hindi), French, Spanish, Chinese

Religions

Protestant 32.1% (Pentecostal/Evangelical/Full Gospel 12%, Baptist 6.9%, Anglican 5.7%, Seventh-Day Adventist 4.1%, Presbyterian/Congretational 2.5, other Protestant .9), Roman Catholic 21.6%, Hindu 18.2%, Muslim 5%, Jehovah's Witness 1.5%, other 8.4%, none 2.2%, unspecified 11.1% (2011 est.)

Total population
1990 2000 2010 2014* 2019**
N/A 1.268 million 1.328 million 1.351 million 1.385 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
17.3% 11% 11% 9%
Population median age

34.4 years (2014 est.)

Population growth rate

-0.11% (2014 est.)

Life expectancy

72.29 years (2014 estimate)

Adult literacy

98.8% (2011 estimate)

% of population living on less than $2 a day

13.50% (2011)

Inequality of wealth distribution (Gini index)

40.27 (1992)

(Data were released in 2011, 0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:2
Civil Liberties:2 (2011)

(1 represents the most free, 7 the least free)

Source
Total telephone subscribers as % of population

157.26% (2011)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

55.2% (Data were released in 2012 and refer to 2011)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Port of Spain: 126th (2011)

Source
CO2 emissions(Metric tons of CO2 per capita)

35.7549 (Data were released in 2012 and refer to 2009)

World's Best Developed & Emerging Markets Banks

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World's Safest

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World's Best Banks

2013

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