Trinidad and Tobago: Selected Issues

May 27, 1997

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Trinidad and Tobago: Selected Issues, (USA: International Monetary Fund, 1997) accessed November 30, 2024

Summary

This Selected Issues paper on Trinidad and Tobago highlights that real GDP growth accelerated slightly from 2.4 percent in 1995 to 3.2 percent in 1996. In both years, growth was mainly driven by a good performance of the non-oil sector, which expanded by 3 percent and 3.6 percent, respectively. Construction, distribution, and tourism grew at an especially rapid pace. Manufacturing showed an uneven performance, growing in 1995, but stagnating in 1996, which was owing to the differential effects of trade liberalization on its various subsectors.

Subject: Bank deposits, Banking, Currencies, Financial services, Income, Labor, Money, National accounts, Private investment, Real wages

Keywords: Bank deposits, Caribbean, Company, CR, Currencies, Development finance Ltd, Income, ISCR, Private investment, Public enterprise sector, Real wages, Terms-of-trade deterioration, Trinidad and Tobago export trading Company Ltd., Trinidad and Tobago methanol company

Publication Details

Pages:

132
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1997/041
Stock No:

1TTOEA0011997
ISBN:

9781451837544
ISSN:

1934-7685

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