oreign-debt payments, and periods of low international oil prices.
The government has begun to make progress in its efforts to diversify
exports and to liberalize its trade regime, making 1994 the first year
of substantial growth since the early 1980s.

National product: GDP - purchasing power parity - $15 billion (1994
est.)

National product real growth rate: 3% (1994 est.)

National product per capita: $11,280 (1994 est.)

Inflation rate (consumer prices): 10.1% (1994 est.)

Unemployment rate: 18.1% (1994 )

Budget:
revenues: $1.6 billion
expenditures: $1.6 billion, including capital expenditures of $158
million (1993 est.)

Exports: $1.9 billion (f.o.b., 1994)
commodities: petroleum and petroleum products, chemicals, steel
products, fertilizer, sugar, cocoa, coffee, citrus, flowers
partners: US 44%, CARICOM 15%, Latin America 9%, EC 5% (1993)

Imports: $996 million (c.i.f., 1994)
commodities: machinery, transportation equipment, manufactured goods,
food, live animals
partners: US 43%, Venezuela 10%, UK 8%, other EC 8% (1993)

External debt: $2 billion (1994)

Industrial production: growth rate 1% (1994 est.); accounts for 39% of
GDP, including petroleum

Electricity:
capacity: 1,150,000 kW
production: 3.9 billion kWh
consumption per capita: 2,740 kWh (1993)

Industries: petroleum, chemicals, tourism, food processing, cement,
beverage, cotton textiles

Agriculture: accounts for 3% of GDP; major crops - cocoa, sugarcane;
sugarcane acreage is being shifted into rice, citrus, coffee,
vegetables; poultry sector most important source of animal protein;
must import large share of food needs

Illicit drugs: transshipment point for South American drugs destined
for the US and Europe and producer of cannabis

Economic aid:
recipient: US commitments, including Ex-Im (FY70-89), $373 million;
Western (non-US) countries, ODA and OOF bilateral commitments
(1970-89), $518 million

Currency: 1 Trinidad and Tobago dollar (TT$) = 100 cents

Exchange rates: Trinidad and Tobago dollars (TT$) per US$1 - 5.8758
(January 1995), 5.9160 (1994), 5.3511 (1993), 4.2500 (fixed rate
1989-1992); note - effective 13 April 1993, the exchange rate of the
TT dollar is market-determined as opposed to the prior fixed
relationship to the US dollar

Fiscal year: calendar year

@Trinidad And Tobago:Transportation

Railroads:
note: minimal agricultural railroad system near San