_#_Diplomatic representation: Ambassador Angus Albert KHAN; Chancery at 1708 Massachusetts Avenue NW, Washington DC 20036; telephone (202) 467-6490; Trinidad and Tobago has a Consulate General in New York;
US—Ambassador Charles A. GARGANO; Embassy at 15 Queen's Park West, Port-of-Spain (mailing address is P. O. Box 752, Port-of-Spain); telephone (809) 622-6372 through 6376, 6176
_#_Flag: red with a white-edged black diagonal band from the upper hoist side
_*Economy #_Overview: Trinidad and Tobago's petroleum-based economy began to emerge from a lengthy depression in 1990. The economy fell sharply through most of the 1980s, largely because of the decline in oil prices. This sector accounts for 80% of export earnings and more than 25% of GDP. The government, in response to the oil revenue loss, pursued a series of austerity measures that pushed the unemployment rate as high as 22% in 1988. The economy showed signs of recovery in 1990, however, helped along by rising oil prices. Agriculture employs only about 11% of the labor force and produces about 3% of GDP. Since this sector is small, it has been unable to absorb the large numbers of the unemployed. The government currently seeks to diversify its export base.
_#_GDP: $4.05 billion, per capita $3,363; real growth rate - 3.7% (1989)
_#_Inflation rate (consumer prices): 11.4% (1989)
_#_Unemployment rate: 20% (1990)
_#_Budget: revenues $1.5 billion; expenditures $1.7 billion, including capital expenditures of $NA (1991 est.)
_#_Exports: $1.7 billion (f.o.b., 1990 est.);
commodities—includes reexports—petroleum and petroleum products 82%, steel products 9%, fertilizer, sugar, cocoa, coffee, citrus (1988);