Diplomatic representation in US:
chief of mission: Ambassador Corinne Averille McKNIGHT
chancery: 1708 Massachusetts Avenue NW, Washington, DC 20036
telephone: [1] (202) 467-6490
FAX: [1] (202) 785-3130
consulate(s) general: New York
US diplomatic representation:
chief of mission: Ambassador Brian J. DONNELLY
embassy: 15 Queen's Park West, Port-of-Spain
mailing address: P. O. Box 752, Port-of-Spain
telephone: [1] (809) 622-6372 through 6376, 6176
FAX: [1] (809) 628-5462
Flag: red with a white-edged black diagonal band from the upper
hoist side
Economy ———-
Economic overview: Trinidad and Tobago's oil- and petrochemical-dependent economy enjoys a high per capita income, although living standards have declined since the boom years of 1973-82. The country managed to record a second successive year of economic growth in 1995, the first period of substantial expansion since the early 1980s. A broad economic reform program, including the floating of the exchange rate, trade and capital market liberalization, and an extensive privatization program by the previous administration has left the incoming PANDAY government in a relatively sound economic position. Trinidad and Tobago's economic prospects continue to depend heavily on world petroleum prices, however, and further progress toward diversification will be an important challenge in the medium term.
GDP: purchasing power parity - $16.2 billion (1995 est.)
GDP real growth rate: 3.5% (1995 est.)
GDP per capita: $12,100 (1995 est.)
GDP composition by sector: agriculture: 4.8% industry: 44.5% services: 50.7% (1995 est.)
Inflation rate (consumer prices): 5.4% (1995)