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DavisThompson Offline



Beiträge: 8

24.09.2022 16:23
Economy of Trinidad and Tobago Antworten

The national currency is the Trinidad and Tobago dollar. The symbol used for this currency is $ and is abbreviated as TTD. 4.8% of the country's population is unemployed. The total number of unemployed in Trinidad and Tobago is 65,885. Each year, Trinidad and Tobago exports about US$12.86 billion and imports about US$9.64 billion. The country's Gini index is 40.3. Trinidad and Tobago has a Human Development Index (HDI) of 0.766. The Global Peace Index (GPI) for Trinidad and Tobago is 2.07. Trinidad and Tobago has a public debt of 46.6% of the country's gross domestic product (GDP) as estimated in 2012. Trinidad and Tobago is considered a developing country. A nation's level of development is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality and quality of life. The country's main industries are petroleum and petroleum products, liquefied natural gas (LNG), methanol, ammonia, urea, steel products, beverages, food processing, cement, cotton textiles.

The total Gross Domestic Product (GDP) measured as Purchasing Power Parity (PPP) in Trinidad and Tobago is US$43,457 billion. Every year, consumers spend around $11,100 million. The ratio of consumer spending to GDP in Trinidad and Tobago is 0% and the ratio of consumer spending to world consumer market is 0.032. Corporate tax in Trinidad and Tobago is 25%. Personal income tax ranges from 0% to 25% depending on your specific situation and income level. The VAT in Trinidad and Tobago is 15%.

https://www.confiduss.com/en/jurisdictio...tobago/economy/

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