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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, 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) 622-6371 through 6376 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 a growing trade surplus. Economic growth in 2006 reached 12.6% as prices for oil, petrochemicals, and liquefied natural gas remained high, and foreign direct investment continued to grow to support expanded capacity in the energy sector. The government is coping with a rise in violent crime. GDP (purchasing power parity): $20.99 billion (2006 est.) GDP (official exchange rate): $14.99 billion (2006 est.) GDP - real growth rate: 12.6% (2006 est.) GDP - per capita (PPP): $19,700 (2006 est.) GDP - composition by sector: agriculture: 0.7% industry: 57.7% services: 41.5% (2006 est.) Labor force: 618,000 (2006 est.) Labor force - by occupation: agriculture 9.5%, manufacturing, mining, and quarrying 9.5%, construction and utilities 12.4%, services 14% (1997 est.) Unemployment rate: 7% (2006 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): 8% (2006 est.) Investment (gross fixed): 19.1% of GDP (2006 est.) Budget: revenues: $6.591 billion expenditures: $5.649 billion; including capital expenditures of $117.3 million (2006 est.) Public debt: 36.6% of GDP (2006 est.) Agriculture - products: cocoa, rice, citrus, coffee, vegetables; poultry Industries: petroleum, chemicals, tourism, food processing, cement, beverage, cotton textiles Industrial pro
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