Trinidad and Tobago

The Republic of Trinidad and Tobago is a nation located in the southern Caribbean Sea, off the coast of Venezuela. It is an archipelagic state consisting of two main islands, Trinidad and Tobago, and 21 smaller islands, the most important being Chacachacare, Monos, Huevos, Gaspar Grande (or Gasparee), Little Tobago and St. Giles Is. The larger and more populated island is Trinidad, while the island of Tobago is smaller (303 square kilometres; about 6% of the total area) and less populous (50,000 people; 4% of the total population). Citizens are officially called Trinidadians or Tobagonians or Citizens of Trinidad and Tobago, but are informally referred to as Trinis or Trinbagonians.

Economy

Main article: Economy of Trinidad and Tobago

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Trinidad and Tobago has earned a reputation as an excellent investment site for international businesses. A leading performer the past four years has been the booming natural gas sector. Tourism is a growing sector, although not proportionately as important as in many other Caribbean islands. The economy benefits from low inflation and a trade surplus. The year 2002 was marked by solid growth in the oil sector, offset in part by domestic political uncertainty.

Related Topics:
Natural gas - Tourism - Inflation - Oil

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