GDP in Trinidad and Tobago
Trinidad and Tobago - GDP (billions of U.S. Dollars)Although hard data is limited, the economy likely fared well in the first quarter. The energy sector should have underpinned growth as evidenced by a solid pick-up in liquid natural gas production, supported by the Angelin project coming onstream in February. Meanwhile, government investment in infrastructure and housing developments should have helped to revive activity in the non-oil sector. On the fiscal front, the 2019 mid-year budget review in May revealed the fiscal performance so far this year was better than expected; however, the Ministry of Finance now expects the downturn in oil prices to cause the fiscal deficit to widen more than projected.
Trinidad & Tobago - GDP (USD bn) Data
|GDP (USD bn)||26.4||26.2||23.6||21.9||-|
5 years of economic forecasts for more than 30 economic indicators.
Trinidad & Tobago Facts
|Exchange Rate||6.78||0.39 %||Jun 14|
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