for Social Transformation (MOTION),
David ABDULLAH; National Joint Action Committee (NJAC), Makandal
DAAGA; Republic Party, Nello MITCHELL; National Development Party
(NDP), Carson CHARLES
Member of:
ACP, C, CARICOM, CCC, CDB, ECLAC, FAO, G-24, G-77, GATT, IADB, IBRD,
ICAO, ICFTU, IDA, IFAD, IFC, ILO, IMF, IMO, INTELSAT, INTERPOL, IOC,
ISO, ITU, LAES, LORCS, NAM, OAS, OPANAL, UN, UNCTAD, UNESCO, UNIDO,
UPU, WFTU, WHO, WIPO, WMO
Diplomatic representation in US:
chief of mission:
Ambassador Corinne Averille McKNIGHT
chancery:
1708 Massachusetts Avenue NW, Washington, DC 20036
telephone:
(202) 467-6490
FAX:
(202) 785-3130
consulate(s) general:
New York
US diplomatic representation:
chief of mission:
Ambassador Sally G. COWAL
embassy:
15 Queen's Park West, Port-of-Spain
mailing address:
P. O. Box 752, Port-of-Spain
telephone:
(809) 622-6372 through 6376, 6176
FAX:
(809) 628-5462
Flag:
red with a white-edged black diagonal band from the upper hoist side

@Trinidad and Tobago, Economy

Overview:
Trinidad and Tobago's petroleum-based economy still enjoys a high per
capita income by Latin American standards, even though output and
living standards are substantially below the boom years of 1973-82.
The country suffers from widespread unemployment, large foreign-debt
payments, and periods of low international oil prices. Seven
successive years of economic contraction were followed by small gains
in output in 1990-91 of 1.2% and 0.9%, in turn followed by small
declines in 1992-93 of roughly 1.0%. The government has begun to make
progress in its efforts to diversify exports.
National product:
GDP - purchasing power equivalent - $10.4 billion (1993 est.)
National product real growth rate:
-1% (1993)
National product per capita:
$8,000 (1993 est.)
Inflation rate (consumer prices):
9.5% (1993)
Unemployment rate:
18.5% (1991)
Budget:
revenues:
$1.6 billion
expenditures:
$1.6 billion, including capital expenditures of $158 million (1993
est.)
Exports:
$1.4 billion (f.o.b., 1993)
commodities:
petroleum and petroleum products, chemicals, steel products,
fertilizer, sugar, cocoa, coffee, citrus, flowers
partners:
US 47%, CARICOM 13%, Latin America 9%, EC 5% (1992)
Imports:
$900 million (f.o.b. , 1993)
commodities:
machinery, transportation equipment, manufactured goods, food, live
animals (1992)
partners:
US 41%, Ven