The Americas Economy

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Chapter | Country Profile from The Report: Trinidad & Tobago 2016

Trinidad and Tobago stands out in the Caribbean and the Americas as a comparatively wealthy, hydrocarbons-based economy with rich and diverse cultural traditions and a robust democratic system. The twin-island country has a population of 1.35m people and a per capita GDP that places the country among the wealthiest in the Americas, behind the US and Canada, and ahead of most Caribbean and...

Although low oil and gas prices in 2015 had a negative economic effect on the Trinidad and Tobago, the current government is pursuing a series of reforms aimed at both strengthening the important energy sector and diversifying the wider economy.

 

Before Trinidad and Tobago declared independence in 1962, the twin-island republic was ruled by France, Spain and the UK. A common element between these periods was the heavy reliance on a labour force often comprising indigenous Amerindian people, as well as immigrant workers from Africa, India and, to a lesser extent, China, the Middle East...

 

HYATT REGENCY TRINIDAD 1 Wrightson Road, Port of Spain T: +1 (868) 623 2222 F: +1 (868) 821 6401 www.trinidad.hyatt.com trinidad.reservation@hyattintl.com Rooms: 428 spacious and modern guest rooms, including 10 suites. Business & Conference Facilities: 3995 sq metres of meeting space, 1486-sq-metre Regency Ballroom, 929-sq-metre multi-...

 

VISAS: Visitors from most countries do not require a visa for stays of up to 90 days on holiday or 30 days on business. Travellers are highly recommended to travel with a printed return ticket, along with the address for their stay, be it a hotel or a residence. Visitors on a 90- or 30-day visa can...

New trade and investment agreements are expected to help Trinidad and Tobago offset lower hydrocarbons revenues, while helping the country extend its reach beyond the region.

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