Trinidad and Tobago
General information
Capital: Port of Spain
Currency unit: Trinidad and Tobago dollar
Area: 5,130 km²
Total population: 1,368,330
GDP (millions of US dollars): 25,634
GDP per capita, PPP (current international US dollars): 36,329
Production
Agriculture (% of GDP): 0.8 %
Manufacture (% of GDP): 15.2 %
Industry excluding manufacture (% of GDP): 21.4 %
Services (% of GDP): 62.6 %
Trade
Total exports (millions of US dollars): 11,278
Total imports (millions of US dollars): 10,256
Main exported goods (% of total exports):
Natural gas, whether or not liquefied (24.1 %)
Alcohols, phenols, halogenat., sulfonat. (15.6 %)
Inorganic chemical elements, oxides & halogen salts (15.1 %)
Petroleum oils, oils from bitumin. materials, crude (13.8 %)
Petroleum oils or bituminous minerals (5.5 %)
Price competitiveness
This section brings together various indicators related to the price dimension of countries’ competitiveness. These indicators include both measures of external price competitiveness (the price ratio between domestic and foreign goods in international markets) and internal price competitiveness (the price ratio between tradable and non-tradable domestic goods). All these indices are calculated for each country relative to a base year and constructed such that an increase in the index corresponds to a decline in the country’s price competitiveness.