Shopping Cart
Your Cart is Empty
There was an error with PayPalClick here to try again
CelebrateThank you for your business!You should be receiving an order confirmation from Paypal shortly.Exit Shopping Cart

Blog Caribbean 5.0

Blog Caribbean 5.0

Trinidad and Tobago

Posted on April 11, 2013 at 7:30 AM

Trinidad and Tobago is one of the wealthiest and most developed nations in the Caribbean and is listed in the top 40 (2010 information) of the 70 High Income countries in the world. It has one of the highest GDP per capita of USD $20,300 (2011) in the Caribbean.[43] In November 2011, the OECD removed Trinidad and Tobago from its list of Developing Countries.[44] Trinidad's economy is strongly influenced by the petroleum industry. Tourism and manufacturing are also important to the local economy. Tourism is a growing sector, although not proportionately as important as in many other Caribbean islands. Agricultural products include citrus, cocoa, and other products.

Recent growth has been fueled by investments in liquefied natural gas (LNG), petrochemicals, and steel. Additional petrochemical, aluminum, and plastics projects are in various stages of planning. Trinidad and Tobago is the leading Caribbean producer of oil and gas, and its economy is heavily dependent upon these resources but it also supplies manufactured goods, notably food and beverages, as well as cement to the Caribbean region.

Graphical depiction of Trinidad and Tobago's product exports in 28 colour-coded categories.Oil and gas account for about 40% of GDP and 80% of exports, but only 5% of employment. The country is also a regional financial centre, and the economy has a growing trade surplus.[9] The expansion of Atlantic LNG over the past six years created the largest single-sustained phase of economic growth in Trinidad and Tobago. It has become the leading exporter of LNG to the United States, and now supplies some 70% of U.S. LNG imports.[45]

Trinidad and Tobago has transitioned from an oil-based economy to a natural gas based economy. In 2007, natural gas production averaged 4 billion cubic feet per day (110,000,000 m3/d), compared with 3.2×106 cu ft/d (91,000 m3/d) in 2005. In December 2005, the Atlantic LNG fourth production module or "train" for liquefied natural gas (LNG) began production. Train 4 has increased Atlantic LNG's overall output capacity by almost 50% and is the largest LNG train in the world at 5.2 million tons/year of LNG.

Trinidad and Tobago's infrastructure is good by regional standards.[original research?] The international airport in Trinidad was expanded in 2001. There is an extensive network of paved roads with several good four and six lane highways including one controlled access expressway. The Ministry of Works estimates that an average Trinidadian spends about four hours in traffic per day.[citation needed] Emergency services are reliable, but may suffer delays in rural districts.[citation needed] Private hospitals are available and reliable.[citation needed] Utilities are fairly reliable in the cities.[citation needed] Some areas, however, especially rural districts, still suffer from water shortages.[citation needed]

Telephone service is relatively modern and reliable.[original research?][citation needed] Cellular service is widespread and has been the major area of growth for several years. Telecommunications Services of Trinidad and Tobago Limited (generally known as TSTT) is the largest telephone and Internet service provider in Trinidad and Tobago. The company, which is jointly owned by the Government of Trinidad and Tobago and Cable & Wireless, was formed out of a merger of Telco (Trinidad and Tobago Telephone Company Limited) and Textel (Trinidad and Tobago External Telecommunications Company Limited). TSTT no longer holds a monopoly in fixed-line telephone services due to Flow introducing a fixed-line service of their own, and their cellular monopoly was broken in June 2005 when licences were granted to Digicel and Laqtel. Laqtel however never started business.


Categories: Caribbean Society 3.0, SIDS

Post a Comment


Oops, you forgot something.


The words you entered did not match the given text. Please try again.

Already a member? Sign In


Reply Ugolit
10:55 PM on May 26, 2022 
stromectol xl
Reply ms-marvelarzmk
7:39 PM on May 25, 2022 
???? ?????? (????–?????? 2022). Ms. Marvel. ???? ?????? 1 ?????. Ms. Marvel. ???? ?????? ???????? ?????? 1,2,3,4,5,6 ????? "???? ??????" [2022 -
Reply Boolit
1:53 PM on May 23, 2022 
www canadianonlinepharmacy
Reply Ugolit
7:22 AM on May 23, 2022 
amoxil 250 mg capsule
Reply Ashlit
7:11 AM on May 22, 2022 
ivermectin 50
Reply intence
7:47 AM on May 19, 2022 
britt babysitter purchase dexamethasone in houston purchase cheap bisacodyl can i order avandia mastercard
rry7/ purchase progynon usa online drugs canadian pharmacy buy pamelor legally canada online buy nimegen bitcoin
twenty status bid material
Reply Marylit
9:43 PM on May 18, 2022 
Reply Paullit
2:44 AM on May 14, 2022 
gold pharmacy online
Reply Paullit
3:07 AM on May 13, 2022 
buy sildenafil in canada
Reply Ugolit
3:21 PM on May 11, 2022 
price of viagra 50 mg in india
Reply Marylit
11:06 PM on May 8, 2022 
sildenafil online sale
Reply Boolit
4:06 AM on May 8, 2022 
viagra for less
Reply Ugolit
11:16 AM on May 7, 2022 
tadalafil india generic
Reply Ashlit
4:08 AM on May 7, 2022 
mexico pharmacy order online
Reply intence
3:54 AM on May 4, 2022 
tales rum remembers cassie computers
cheap bethanechol nz phenazopyridine online sale gluconorm online sale
/ buy astonin best price order thorazine visa buy drugs ireland boots pharmacy discount code buy eulexin in germany diprosalic usage favipira discount i need a medicine weldricks pharmacy coupon cifran online store actigall mail order store usa order generic atarax online zorparine online store
222260/ generic flagentyl purchase now florida can i buy bupron over the counter usa price of drugs buy diltiazem mastercard cheap ritomune buy now australia buy etidronate slovenia buy stavex italia buy cheap online rizact maxalt pills order
read&id=1819 buy medicine uk online
0/ generic duolin where to order florida
6/ ritomune cheap order order trecator chicago buy now cheap depicor shop otc
61/ digoxin online pharmacy
assi/ order leponex chicago deferasirox purchase america pharmacy coupon generic sibutramine buy lowest prices zentel uk
accurate hopes lean reserved
Reply Boolit
8:32 PM on April 29, 2022 
60 mg sildenafil
Reply Paullit
2:22 PM on April 29, 2022 
generic vermox cheap
Reply intence
2:43 PM on April 28, 2022 
packs swedish amuse makin arts buy drug duphalac online order griseofulvin visa
r/ order divalproex mastercard
/ purchase tablets in houston cheapest lopressor online medications price uk buy furazosin no doctor buy aralen madrid guardian pharmacy coupon code metronidazole-chlorhexidine cheap cost of carloc uk can i buy now tablets usa
cheapest paliperidone mail order buy now cheap tenofovir shop otc low price hydrochlorothiazide buy persantine online pharmacy
so/ where can i purchase zetia online generic zorparine cost
s7/ what is a pharmacy coupon buy quitaxon fast delivery buy now antabuse pharmacy uk
5/ order potassium-citrate paypal
54032/ order generic motrin pradaxa buy visa australia
/ buy medicine best price scabisan dosage should i buy olopatadine online discount drug store karawara cheapest tablets in uk meclizine discount
n8602/ better value pharmacy coupon code mirapex mail order store usa broadway pharmacy discount code pharmacy drug discount card cheap amoxiclav price buy levron uk amex
st revolutionary ay
Reply Ugolit
2:29 PM on April 28, 2022 
canadian pharmacy diflucan