Trinidad and Tobago: Selected Issues
May 27, 1997
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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
Pages:
132
Volume:
1997
DOI:
Issue:
041
Series:
Country Report No. 1997/041
Stock No:
1TTOEA0011997
ISBN:
9781451837544
ISSN:
1934-7685
