Trinidad and Tobago - Republic of Trinidad and Tobago Member
Republic of Trinidad and Tobago is an archipelagic state in the southern Caribbean, lying just off the coast of north-eastern Venezuela and south of Grenada in the Lesser Antilles.
Consisting of two main islands, Trinidad and Tobago, and numerous smaller landforms, the Republic shares maritime boundaries with Barbados to the northeast, Guyana to the southeast, and Venezuela to the south and the west.
Trinidad and Tobago is the leading producer of oil and gas in the Caribbean, and these resources play an important role in the national economy. Oil and gas account for approximately 40% of the GDP and 80% of exports. Recent growth has been fuelled by investments in LNG, petrochemicals, and steel. The country is known globally for the development of its natural gas sector.
The country supplies manufactured goods, notably food products and beverages, as well as construction materials to the Caribbean region. Trinidad and Tobago is a regional financial centre, the tourism industry also demonstrates steady growth.
|Capital||Port of Spain|
|Continent||South America, Caribean sea|
|National currency||Trinidad and Tobago Dollar|
|Labor force (inhabitants)||604,900|
|GDP (current billion US$)||24.38|
|GDP per capita (current US$)||17,827.79|
|GDP growth (percentage)||15.76|
|Exports of Goods and Services (current billion US$)||11.08|
|Proven natural gas reserves (billion c.m.)||290|
|Natural gas marketed production (billion c.m.)||25.50|
|LNG exports (billion c.m.)||8.94|
|Domestic natural gas consumption (billion c.m.)||14.57|