International Reserves in Trinidad and Tobago

Trinidad & Tobago International Reserves | Economic News & Forecasts

Trinidad and Tobago - International Reserves

The economy looks to have remained muted in the second quarter, following three straight quarters of contraction, although comprehensive data is yet to be released. Production of LNG, natural gas and oil, as well as cement exports, declined in Q2, although ammonia exports rose year-on-year. Turning to the third quarter, economic activity looks to have fared better, as LNG production rebounded solidly and local cement sales grew firmly, boding well for the construction sector. Meanwhile, the recently announced 2020 budget proposed increasing the minimum wage and tax incentives for energy companies, which should help alleviate weak domestic demand and increase energy sector revenues going forward.

Trinidad & Tobago - International Reserves Data

2013  2014  2015  2016  2017  
International Reserves (USD)10.2  11.5  9.9  9.5  8.4  

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Trinidad & Tobago Facts

ValueChangeDate
Exchange Rate6.770.39 %Nov 21

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