Trinidad and Tobago Economy - 1986

GEOGRAPHICAL NAMES 

GNP: $8.6 billion (1984), $7,370 per capita; real growth rate (1984), —7.4%

Natural resources: oil, gas, petroleum, asphalt

Agriculture: main crops—sugar, cocoa, coffee, rice, citrus, bananas; largely dependent upon imports of food

Fishing: catch 4,461 metric tons (1983)

Major industries: petroleum, chemicals, tourism, food processing, cement

Electric power: 1,171,000 kW capacity (1985); 2.7 billion kWh produced (1985), 2,275 kWh per capita

Exports. $2.2 billion (f.o.b., 1984); petroleum and petroleum products, ammonia, fertilizer, chemicals, sugar, cocoa, coffee, citrus; includes exports of oil under processing agreement

Imports: $1.9 billion (c.i.f., 1984); crude petroleum (33%), machinery, fabricated metals, transportation equipment, manufactured goods, food, chemicals; includes imports under processing agreement

Major trade partners: (1984 prelim.) exports—US 56%, CARICOM 10%, UK 8%;

imports—US 37%, UK 10%, CARICOM 7%

Aid: economic—bilateral commitments, US, including Ex-Im (FY70-84), $355 million;

(1970-83) other Western countries, OD4 and OOF, $233 million

Budget: (1984 prelim.) consolidated central government revenues, $2.7 billion; expenditures, $3.4 billion (current, $2.5 billion; capital, $889 million)

Monetary conversion rate: 3.60 Trinidad and Tobago dollars=US$l (December 1985)

Fiscal year: calendar year

NOTE: The information regarding Trinidad and Tobago on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Trinidad and Tobago 1986 information contained here. All suggestions for corrections of any errors about Trinidad and Tobago 1986 should be addressed to the CIA or the source cited on each page.