embassy: 15 Queen's Park West, Port-of-Spain

mailing address: P. O. Box 752, Port-of-Spain

telephone: [1] (868) 622-6371 through 6376, 6176

FAX: [1] (868) 628-5462

Flag description: red with a white-edged black diagonal band from the upper hoist side

Trinidad and Tobago Economy

Economy - overview: Trinidad and Tobago has earned a reputation as an excellent investment site for international businesses. Successful economic reforms were implemented in 1995, and foreign investment and trade are flourishing. Persistently high unemployment remains one of the chief challenges of the government. The petrochemical sector has spurred growth in other related sectors, reinforcing the government's commitment to economic diversification. Tourism is growing, especially in the pleasure boat sector. New investment and construction also will continue to drive the economy.

GDP: purchasing power parity - $11.2 billion (2000 est.)

GDP - real growth rate: 5% (2000 est.)

GDP - per capita: purchasing power parity - $9,500 (2000 est.)