Trinidad and Tobago 2014
Trinidad and Tobago. In January, the country’s prime minister, Kamla Persad-Bissessar, described the increase in violent crimes that Trinidad and Tobago experienced as “totally unacceptable”. Among the large number of people killed during the year were former Senator Dana Seetahal, whose car in May was hit on the street by another vehicle and the senator was shot from a third car. According to Countryaah.com, Trinidad and Tobago population in 2020 is estimated at 1,399,499. A couple of weeks later, two brothers, 9 and 15 years old, were shot cold-blooded in the head in front of their mother’s eyes.
|Gross domestic product (GDP)||$ 42,850,000,000|
|GDP growth rate||-2.60%|
|GDP per capita||$ 31,300|
|GDP by sector|
|Proportion of the population below the national poverty line||17%|
|Distribution of household income|
|Top 10%||k. A.|
|Lower 10%||k. A.|
|Industrial production growth rate||-5.00%|
|Investment volume||11.4% of GDP|
|National debt||41.80% of GDP|
|Foreign exchange reserves||$ 8,660,000,000|
|Number of visitors||412,000|
In March, Persad-Bissessar dismissed one of his ministers, Glenn Ramadharsingh, after he was mistaken for an air hostess. A few days later, Tourism Minister Chandresh Sharma resigned on the advice of the Prime Minister after Sharma’s girlfriend accused him of assault.
According to topb2bwebsites, in April, the country’s third president, Arthur Robinson, passed away at the age of 87. Robinson sat in power from 1997 to 2003.
In July, it was announced that additional oil deposits were discovered outside Trinidad and Tobago. The new finds were estimated to comprise 40 million barrels.
HUMAN AND ECONOMIC GEOGRAPHY
Island state in South America, off the Venezuelan coast. The population of the small state was 1,262,366 residents at the 2000 census and tends to decrease due to the negative balance (- 0.87 % in 2006) due to emigration. It is made up of Indians (40 % at the 2000 census), blacks (37.5 %), mestizos (20.5 %) and a small percentage of whites. According to Abbreviation Finder, TT stands for Trinidad and Tobago in English. Click to see other meanings of this 2-letter acronym.
The economy, in full expansion, is based on the exploitation of the rich hydrocarbon reserves (especially natural gas), a sector that alone contributes 40 % to the formation of national income and represents 83% of exports. Derivative industries and the metallurgical sector are also being strengthened. This favorable situation has allowed the country to achieve a trade balance surplus for several years now, despite the increase in imports of capital goods linked to industrial growth, the growth of domestic demand and the shortage of the agricultural sector which determines the need for foodstuffs. The typically monocultural productive structure involves a certain number of risks and, in order to maintain its intense growth in the long term (GDP recorded an increase of 5.6 % in the period 1995-2004), the country needs to diversify of the economy. Again in 2007 the marked social and ethnic conflicts make the initiation of productive and social reforms particularly complex.