Trinidad and Tobago: Country profile

February 2021

Trinidad and Tobago is being hit by two shocks, the spread of the Cornavirus (COVID-19) and the sharp decline in oil prices. The virus is creating a health crisis and uncertainty in the economy, whilst the low energy price is denting government revenues. Assuming the pandemic is contained in 2020 and the energy prices recover from their 2020 low point, real GDP is expected to bounce back to grow by 2.6% in 2021. Afterwards, it will slow to about 1.7% per year by 2027.

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Overview:

Country Profiles examine the economic and political trends in 210 countries and associated regions, serving as a one-stop-shop for data and analysis on the economy, political landscape and the business environment. This report series allows you to understand the macro-economic environment as a basis for strategic planning.

If you're in the Industry, Infrastructure and Environment industry in Trinidad and Tobago, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty

The Industry, Infrastructure and Environment in Trinidad and Tobago report includes:

  • Analysis of the country's political and macroeconomic stability 
  • An overview of the economic structure and major industries
  • Latest economic performance

This report answers:

  • What is the economic outlook?
  • How stable is the political environment?
  • What are the country's risks and vulnerabilities?
  • What are the best sectors for investment?
  • Where should we focus our expansion strategy?
  • Which countries are moving up the value added chain away from primary sectors?

Trinidad and Tobago: Country profile

KEY POINTS

Area
Currency
Location
Capital
Head of State
Head of Government
Ruling Party
Political Structure
Last Elections
Political Stability and Risks
International Issues
Economic Structure and Major Industries
Overview of the Economy
Economic Prospects
Evaluation of Market Potential

BUSINESS ENVIRONMENT

ENERGY

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Why buy this report?

  • Analyse growth opportunities and assess market potential
  • Develop market entry/exit strategies
  • Understand the likely path of economic growth
  • Examine risks and vulnerabilities of economies to support critical decision-making

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