GDP in Trinidad and Tobago
Trinidad and Tobago - GDPThe latest indicators paint a mixed picture for the fourth quarter. The gas industry appeared to perform fairly well: Year-on-year LNG production growth accelerated notably compared to the third quarter, natural gas output was up in annual terms in October and November, and natural gas prices were elevated in the quarter. Moreover, private sector credit growth gained momentum in November, boding well for the non-hydrocarbon sector. However, the oil industry likely dragged on the economy, with crude oil production down sharply year-on-year in October and November, and oil prices plunging in Q4.
Trinidad & Tobago - GDP Data
|Economic Growth (GDP, annual variation in %)||2.7||-0.6||-0.6||-2.3||-|
5 years of economic forecasts for more than 30 economic indicators.
Trinidad & Tobago Facts
|Exchange Rate||6.79||0.39 %||Feb 14|
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