UNU, UPU,
WCL, WFTU, WHO, WIPO, WMO, WTrO

Diplomatic representation in the US: chief of mission: Ambassador
(vacant)

chancery: 1708 Massachusetts Avenue NW, Washington, DC 20036

telephone: [1] (202) 467-6490

FAX: [1] (202) 785-3130

consulate(s) general: Miami and New York

Diplomatic representation from the US: chief of mission: Ambassador
Edward E. SHUMAKER, III (until April, 2001)

embassy: 15 Queen's Park West, Port-of-Spain

mailing address: P. O. Box 752, Port-of-Spain

telephone: [1] (868) 622-6371 through 6376, 6176

FAX: [1] (868) 628-5462

Flag description: red with a white-edged black diagonal band from
the upper hoist side

Trinidad and Tobago Economy

Economy - overview: Trinidad and Tobago has earned a reputation as
an excellent investment site for international businesses.
Successful economic reforms were implemented in 1995, and foreign
investment and trade are flourishing. Persistently high unemployment
remains one of the chief challenges of the government. The
petrochemical sector has spurred growth in other related sectors,
reinforcing the government's commitment to economic diversification.
Tourism is growing, especially in the pleasure boat sector. New
investment and construction also will continue to drive the economy.

GDP: purchasing power parity - $11.2 billion (2000 est.)

GDP - real growth rate: 5% (2000 est.)

GDP - per capita: purchasing power parity - $9,500 (2000 est.)

GDP - composition by sector: agriculture: 2%

industry: 44%

services: 54% (1998 est.)

Population below poverty line: 21% (1992 est.)

Household income or consumption by percentage share: lowest 10%: NA%

highest 10%: NA%

Inflation rate (consumer prices): 3.2% (2000 est.)

Labor force: 558,700 (1998)

Labor force - by occupation: construction and utilities 12.4%,
manufacturing, mining, and quarrying 14%, agriculture 9.5%, services
64.1% (1997 est.)

Unemployment rate: 12.8% (2000)

Budget: revenues: $1.54 billion

expenditures: $1.6 billion, including capital expenditures of
$117.3 million (1998)

Industries: petroleum, chemicals, tourism, food processing, cement,
beverage, cotton textiles

Industrial production growth rate: 3.8% (2000)

Electricity - production: 4.9 billion kWh (1999)

Electricity - production by source: fossil fuel: 99.59%

hydro: 0%

nuclear: 0%

other: 0.41% (1999)

Electricity - consumption: 4.557 billion kWh (1999)