|
|
||||
 |
TRINIDAD& TOBAGO |
|||
 |
Official Name | Republic of Trinidad & Tobago |
|
|
| Government | Democratic Parliamentary System | |||
 |
Head Of State : President | His Excellency Prof. George Maxwell Richards | ||
 |
Executive Power : Prime Minister | The Honorable Mr. Patrick Manning |
National Flag |
|
| Capital | Port Of Spain |
|
||
| Independence Day | August 31,1962 | |||
| Population | Approximately - 1.4 million |
Coat Of Arms |
||
| Twin Island State | Trinidad & Tobago one State | |||
| Currency | Trinidad & Tobago Dollar (TT $) | |||
| Official Language | English | |||
| KEY ECONOMIC FACTORS | ||||
| GDP GROWTH RATE | 5.7 | |||
| INFLATION RATE | 2.8 | |||
| EXCHANGE RATE (US$) | TT $ 6.30 | |||
| UNEMPLOYMENT RATE | 11.7 | |||
| EXPORT MARKET ACCESS | ||||
| Group |
Agreement |
Market Size (Mn) | ||
| USA | CBI II | 266 m | ||
| Canada | CARIBCAN | 30 m | ||
| E.U. | LOME IV | 300 m | ||
| Colombia | Bilateral | 40 m | ||
| Venezuela | Bilateral | 25 m | ||
| CARICOM | Multilateral | 14 m | ||
| FINANCIAL INSTITUTIONS | ||||
| Central Banks | 1 | |||
| Commercial Banks | 6 | |||
| Finance Companies & Merchant Banks | 10 | |||
| Development Banks | 2 | |||
| Trust & Mortgage Finance Companies | 6 | |||
| Credit Unions | 390 | |||
| Insurance Companies | 43 | |||
| Thrift Institutions | 4 | |||
| Stock Exchange | 1 | |||
| Unit Trust Corporations | 1 | |||
| Export Credit Insurance | 1 | |||
| Reinsurance Companies | 1 | |||
| Deposit Insurance Companies | 1 | |||
| Home Mortgage Banks | 1 | |||
| Venture Capital Companies | 2 | |||
| Total Financial Institutions | 471 | |||
| OTHER IMPORTANT FACTS | ||||
| One of the highest literacy rates in the Western Hemisphere | ||||
| Higher GNP per capita than, Brazil, Costa Rica, Jamaica, Mexico and Venezuela | ||||
| Competitively priced electricity and excellent telecommunications and public utilities infrastructure | ||||
| Our long experience in heavy industry (oil, gas and petro-chemicals) has formed the basis for a highly capable and skilled workforce. | ||||
| An attractive and competitive regime of fiscal and other incentives | ||||
| Multicultural population and festivals | ||||
| Sandy beaches, crystal clear green waters and exotic flora and fauna | ||||
| Chaguaramas Stats | ||||
