Imports$8.911 billion (2011 est.)
Exports$14.63 billion (2011 est.)
Inflation rate (consumer prices)5.1% (2011 est.)
Unemployment rate6.4% (2011 est.)
GDP - per capita (PPP)$20,300 (2011 est.)
National product real growth rate2.1% (2010 est.)
Internet users593,000 (2009)
Telephones - mobile cellular1.894 million (2009)
Population growth rate-0.086% (2012 est.)
Population1,226,383 (July 2012 est.)
First colonized by the Spanish, the islands came under British control in the early 19th century.
The islands' sugar industry was hurt by the emancipation of the slaves in 1834.
Manpower was replaced with the importation of contract laborers from India between 1845 and 1917, which boosted sugar production as well as the cocoa industry....
Trinidad and Tobago has earned a reputation as an excellent investment site for international businesses and has one of the highest growth rates and per capita incomes in Latin America.
Economic growth between 2000 and 2007 averaged slightly over 8%, significantly above the regional average of about 3.
7% for that same period; however, GDP has slowed down since then and contracted about 3....
The Economist Intelligence Unit
Outlook for 2013-17 Challenges facing the prime minister, Kamla Persad-Bissessar, include reviving the weak economy, combating persistent crime and managing tensions within her PP coalition. However, ...
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