Evaluating the market in Trinidad and Tobago

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Country Risk Quarterly

Read the Country Risk Quarterly interactive guide for valuable insights on rapidly changing global markets, new opportunities and the latest political and economic risks that could affect your business.
 

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Global Export Forecast

Read the Global Export Forecast for expert insights from the EDC Economics team on the current trends influencing global trade and Canadian exporting.
 



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Business environment in Trinidad and Tobago

Trinidad and Tobago is one of the most favourable business environments in the Caribbean. However, the sharp drop in energy prices has impacted the government's budget and revenues, with the country’s high level of exports flowing from oil, natural gas and related downstream industries, putting strain on the government’s fiscal flexibility. Future growth will be modest at best over the medium term due to energy prices, although some growth will come from the non-energy sector. Foreign investment is a central element of economic policy and is supported by the business and labour sectors. The country also has a well-developed financial sector. In the short term, construction and infrastructure sectors are expected to drive most of the growth in Trinidad and Tobago.
  • Construction & Infrastructure
  • Oil and Gas

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