Trinidad and Tobago

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Trinidad and Tobago

We offer a data-driven country report for Trinidad and Tobago that explores inter alia population, international trading relationships, energy consumption, GDP growth, current account balances, and R&D investment. Additionally, CFI quotes from the Big Mac Index (courtesy of The Economist) which gives a rough idea of purchasing power parity. Other authoritative sources include The United Nations Conference on Trade and Development, The World Bank, and The International Money Fund. Visit us regularly for updates and new sources of key economic information on Trinidad and Tobago.[/vc_column_text][vc_column_text]

Its population in 2018 was 1,372,598 [1]

In 2015, 0.28% of its total energy
consumption was renewable [2]

In 2021, its GDP fell by 0.99% [2]

In 2021 it had a positive Current
Account Balance of US$bn 0.96 [3]

Its Expenditure on R&D (as a percentage of
GDP) in 2019 was 0.06% [2]

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What free trade areas or economic unions is it a member of?

Member of the Caribbean Single Market and Economy (CSME) since 01/01/2006

Other members:

Antigua and Barbuda, Barbados, Belize, Dominica, Grenada, Guyana, Jamaica, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Suriname


What trade deals are there between Caribbean Single Market and Economy and other countries and economic unions?

CARIFORUM - UK economic partnership agreement (from 01/01/2021)

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What trade deals are there with other countries and economic unions?

None

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Trade with the United Kingdom

Source: UK Office for National Statistics, October 2022.

Contains public sector information licensed under the Open Government Licence v3.0.

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