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The economy of Trinidad and Tobago is the third wealthiest in the Caribbean and the fifth-richest by GDP (PPP) per capita in the Americas. [ 17] Trinidad and Tobago is recognised as a high-income economy by the World Bank. Unlike most of the English-speaking Caribbean, the country's economy is primarily industrial, [ 18] with an emphasis on ...
Tobago. Tobago is a ward of Trinidad and Tobago and is governed locally by the Tobago House of Assembly . Historically, Tobago was divided into seven parishes (Saint Andrew, Saint David, Saint George, Saint John, Saint Mary, Saint Patrick and Saint Paul ). In 1768 each parish of Tobago had nominated representatives to the Tobago House of Assembly.
Trinidad and Tobago Electricity Commission (T&TEC) is the sole retailer of electricity in Trinidad and Tobago. It is responsible for the design, construction, operation and maintenance of the country's electrical transmission and distribution network. The utility supplies electric power to customers on both islands via a single interconnected grid.
Trinidad Petroleum Holdings. Trinidad Petroleum Holdings is a state-owned oil company in Trinidad and Tobago. Its principal activities are the exploration, development, and production of hydrocarbons, operations it conducts through its primary subsidiary, Heritage Petroleum Company Ltd. Trinidad Petroleum Holdings also owns Guaracara Refining ...
The Trinidad and Tobago Defence Force is made up of four distinct arms; The Regiment/"Army" (TTR), the Coast Guard (TTCG), the Air Guard (TTAG) and the Defence Force Reserves (TTDFR), which all fall under the authority of the Ministry of National Security. The TTDF has the world's only Military steelband . The Commander in Chief of the Defence ...
In November 2011, the OECD removed Trinidad and Tobago from its list of Developing Countries. [3] Trinidad's economy is strongly influenced by the petroleum industry. Tourism and manufacturing are also important to the local economy. Tourism is a growing sector, although not as proportionately important as in many other Caribbean islands.
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