Trinidad and Tobago: In-depth PEST Insights

Trinidad and Tobago: In-depth PEST Insights


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Executive Summary

Trinidad and Tobago: In-depth PEST Insights

Summary

This PEST country analysis report on Trinidad and Tobago provides a holistic view of the country, with insightful analysis of current and future issues, supplemented with relevant quantitative data to support trend analysis.

Synopsis

- Understand the political system in Trinidad and Tobago through analysis of key figures in the country and governance indicators.

- Understand the economic situation in Trinidad and Tobago through a balanced assessment of core macroeconomic issues.

- Understand customer demographics in Trinidad and Tobago through analysis of income distribution and the rural-urban split, as well as healthcare and education.

- Understand the technological landscape in Trinidad and Tobago through analysis of relevant laws and policies, as well as patents data.

Scope

- The political landscape section discusses the evolution of the political scenario in Trinidad and Tobago, as well as the country's economic, social, foreign, and defense policies. The section also discusses the country's performance according to World Bank Governance Indicators.

- The economic landscape section outlines the evolution of Trinidad and Tobago's economy, as well as the country's performance in terms of GDP growth, composition by sector (agriculture, industry, and services), fiscal situation, international investment position, monetary situation, credit disbursement, banking sector, and employment."

- The social landscape section analyzes the government's social welfare policies, as well as the country's performance in terms of healthcare, income distribution, and education.

Reasons to buy

- What is the outlook in Trinidad and Tobago in terms of political stability, policies towards business, and the popularity of the government?

- How does Trinidad and Tobago perform in terms of GDP growth, its fiscal situation, international investment position, monetary situation, and employment?

- How does Trinidad and Tobago perform in terms of healthcare, income distribution, and education?

- How does Trinidad and Tobago perform in terms of technology-intensive sectors like IT, life sciences, and R&D expenditure trends?



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Table of Contents

Overview 2

Catalyst 2

Summary 2

Key highlights 2

Key developments January 2017-October 2018 3

Key Facts and Geographic Location 8

Key facts 8

Geographical location 9

Political Landscape 10

Summary 10

Evolution 10

Structure and policies 11

Key political figures 11

Structure of government 11

Key political parties 11

Key policies 12

Performance 12

Governance indicators 12

Economic Landscape 14

Summary 14

Evolution 14

Structure and policies 16

Financial system 16

Performance 16

GDP and growth rate 16

Fiscal situation 20

International investment position 22

Monetary situation 22

Unemployment 23

Social Landscape 24

Summary 24

Evolution 24

Structure and policies 24

Demographic composition 24

Education 26

Healthcare 26

Performance 27

Healthcare 27

Income distribution 27

Education 27

Technological Landscape 28

Summary 28

Evolution 28

Structure and policies 28

Performance 28

ICT 28

Research and Development 29

Appendix 30

Ask the analyst 30

About MarketLine 30

Disclaimer 30

List of Figures

Figure 1: Map of Trinidad and Tobago 9

Figure 2: Trinidad and Tobago-Key Political Events Timeline 10

Figure 3: Trinidad and Tobago-Key Political Figures 11

Figure 4: Distribution of Seats in the House of Representatives after the September 2015 Elections 12

Figure 5: Evolution of GDP Growth in Trinidad and Tobago (%), 2007-2017 15

Figure 6: GDP and GDP Growth Rate of Trinidad and Tobago (Constant Prices), 2012-2022f 16

Figure 7: Sector-specific GDP in Trinidad and Tobago, 2017 17

Figure 8: Agricultural Output in Trinidad and Tobago (TTUSD Million/%), 2012-2017 18

Figure 9: Industrial Output in Trinidad and Tobago (TTUSD Billion/%), 2012-2017 19

Figure 10: Services Output in Trinidad and Tobago (TTUSD Billion/%), 2012-2017 20

Figure 11: Trade in Trinidad and Tobago (USD Billion), 2013-2017 21

Figure 12: Consumer Price Index (CPI) and CPI-based Inflation in Trinidad and Tobago, 2012-2022f 22

Figure 13: Unemployment in Trinidad and Tobago (Thousands/%), 2012-2022f 23

Figure 14: Major Religions in Trinidad and Tobago 26

Figure 15: Healthcare Expenditure as a Percentage of GDP (USD Billion/%), 2011-2017 27

Figure 16: Internet Users and Penetration (Millions/%), 2013-2017 29

List of Tables

Table 1: Trinidad and Tobago-Key Facts, 2018 8

Table 2: Mid-year Population by Age (as a Percentage of the Total Population) in 2017 25

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