; Democratic Action Committee or DAC [Hochoy CHARLES], note -
only active in Tobago
Political pressure groups and leaders:
Jamaat-al Muslimeen [Yasin BAKR]
International organization participation:
ACP, C, Caricom, CDB, FAO, G-24, G-77, IADB, IBRD, ICAO, ICCt,
ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol,
IOC, ISO, ITU, LAES, MIGA, NAM, OAS, OPANAL, OPCW, UN, UNCTAD,
UNESCO, UNIDO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WTO
Diplomatic representation in the US:
chief of mission: Ambassador Marina Annette VALERE
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 Roy L. AUSTIN
embassy: 15 Queen's Park West, Port-of-Spain
mailing address: P. O. Box 752, Port-of-Spain
telephone: [1] (868) 622-6372 through 6376, 622-6176
FAX: [1] (868) 628-5462
Flag description:
red with a white-edged black diagonal band from the upper hoist
side to the lower fly side
Economy Trinidad and Tobago
Economy - overview:
Trinidad and Tobago, the leading Caribbean producer of oil and gas,
has earned a reputation as an excellent investment site for
international businesses. Tourism is a growing sector, although not
proportionately as important as in many other Caribbean islands. The
economy benefits from low inflation and a growing trade surplus.
Prospects for growth in 2004 are good as prices for oil,
petrochemicals, and liquified natural gas are expected to remain
high, and foreign direct investment continues to grow to support
expanded capacity in the energy sector. The government is coping
with a rise in violent crime.
GDP (purchasing power parity):
$11.48 billion (2004 est.)
GDP - real growth rate:
5.7% (2004 est.)
GDP - per capita:
purchasing power parity - $10,500 (2004 est.)
GDP - composition by sector:
agriculture: 2.7%
industry: 47%
services: 50.3% (2004 est.)
Labor force:
590,000 (2004 est.)
Labor force - by occupation:
agriculture 9.5%, manufacturing, mining, and quarrying 14%,
construction and utilities 12.4%, services 64.1% (1997 est.)
Unemployment rate:
10.4% (2004 est.)
Population below poverty line:
21% (1992 est.)
Household income or consumption by percentage share:
lowest 10%: NA
highest 10%: NA
Inflation ra
|