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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