--> Trinidad & Tobago Economic Research Highlights - Oxford Business Group

Licence or Product Purchase Required

You have reached the limit of premium articles you can view for free. 


Get expert, on-the-ground insights into the latest business and economic trends in more than 30 high-growth global markets. Produced by a dedicated team of in-country analysts, our research provides the in-depth business intelligence you need to evaluate, enter and excel in these exciting markets.

View licence options

Suitable for

  • Executives and entrepreneurs
  • Bankers and hedge fund managers
  • Journalists and communications professionals
  • Consultants and advisors of all kinds
  • Academics and students
  • Government and policy-research delegations
  • Diplomats and expatriates

This article also features in Trinidad & Tobago Home. Read more about this report and view purchase options in our online store.

Trinidad & Tobago Economic Research Highlights

Report: Is Trinidad and Tobago prepared for its green energy transition?

In the aftermath of the Covid-19 pandemic and on the back of high global energy prices, Trinidad & Tobago is set to grow over 50% faster than the global average for 2022.

Report: How Trinidad and Tobago has adapted its digitalisation strategy

Trinidad and Tobago's pre-pandemic ICT policy included an ambitious digitalisation drive to foster economic development and advance digital government. However, the onset of the pandemic gave the country...

Trinidad & Tobago: Recovery Roadmap Reports

Cash Transformation Report

Report: How Trinidad and Tobago's economy stands to benefit from the transition away from cash

Despite the adoption of new technologies across a variety of industries prior to the pandemic, studies pointed to Trinidad and Tobago's dependence on cash as a significant factor limiting potential economic...

Analysis

Agricultural exports medicinal cannabis and chocolate source of foreign exchange for Trinidad and Tobago
OBG
plus

Alongside tourism and financial services, agro-industry is an area that holds significant potential for diversification and growth in Trinidad and Tobago’s economy. With a rich tradition of agricultural...

Covid-19 Recovery Roadmap

Report: What is the outlook for growth for Latin America’s petrochemicals and logistics sectors?

The petrochemicals and logistics sectors have been some of the most exposed industries in Latin America and across the world during the past 13 months. Both critical to the region’s economies...

Report: How Trinidad and Tobago's economy stands to benefit from the transition away from cash
Agricultural exports medicinal cannabis and chocolate source of foreign exchange for Trinidad and Tobago
Report: What is the outlook for growth for Latin America’s petrochemicals and logistics sectors?
 

Covid-19 Research & Views - Trinidad & Tobago

Economic News

Banking in Trinidad and Tobago: will Covid-19 spur a shift to fintech?

Earlier this year, Trinidad and Tobago was looking relatively resistant to the worst effects of the coronavirus pandemic. However, given that oil and tourism are two of the main contributors to GDP – with a 45% and 7.6% share, respectively, in 2018 – T&T is beginning to feel the economic pinch. In response, policymakers have deployed a variety of fiscal and monetary policy tools, supported by the country's banks. Banks have implemented reductions in interest rates and extended loan repayment deferrals...


Economic News

Covid-19 and nearshoring: which Latin American countries are set for a boom?

‘Nearshoring’ – whereby companies shift their offshore production capacities closer to home – is experiencing significant growth in Latin America amid the coronavirus pandemic. As OBG has detailed, supply chain disruption created by the pandemic has led many multinational companies to rethink their production operations. Even prior to Covid-19, a ‘China+1’ strategy was becoming increasingly common. Rising production costs – combined with the US-China trade war – caused some companies to diversify...


Economic News

Food security and Covid-19 in Trinidad and Tobago

As global supply chains become increasingly fragmented amid the spread of Covid-19, the discourse around food security in Trinidad and Tobago is being reinvigorated. While ministers made it clear that T&T has sufficient food supplies for up to six months, policymakers have underscored the importance of prioritising domestic agricultural production. Kevin Charles, chief secretary of the Tobago House of Assembly, told local media in late March that the island is preparing for a hike in agricultural production...


CEO Survey

Creative disruption: How CEOs expect Covid-19 to reshape business in the region

While Latin America as a whole has struggled to extend the growth and productivity gains it made in the early 2010s, it still remains an appealing and dynamic region to do business. However, the onset of Covid-19 in early 2020 added another layer of complexity to ongoing efforts to improve business environments, from Baja California to Buenos Aires. Although government responses in the region varied in severity, the one constant is the poor near-term economic outlook. The latest figures from the IMF...


Economic News

Has Covid-19 upended the global labour market?

From lockdowns to remote work and widespread job losses, the Covid-19 pandemic has dramatically changed the way people work. These interruptions are likely to have a significant impact on the global labour market well into the future. The initial outbreak of Covid-19 created widespread disruption for workers. Lockdowns prevented many from travelling to their workplaces, while the economic fallout of the pandemic resulted in layoffs, restructuring and pay cuts. While the pandemic is global in nature...


Vidcast

How is Covid-19 accelerating structural changes across Latin American economies?

One of the last regions in the world to be affected by the Coronavirus pandemic, Latin America's reported Covid-19 case and death numbers have grown steadily since late February. However, given the importance of the region's economies to global value chains, the need to ensure the continual operation of key services and industries has led to a number of key measures being implemented in a number of countries. While these efforts were initially focused on keeping essential supply chains open, they may result...


Trinidad & Tobago: Economic Analysis

Interview

Allen Chastanet, Prime Minister of St Lucia: Interview
OBG
plus

On building regional integration and opportunities post-Brexit

Analysis

Trinidad and Tobago builds on successes of neighbouring stock exchanges
OBG
plus

The Trinidad and Tobago Stock Exchange (TTSE) is the largest and among the most important stock markets in the Caribbean. However, it was out-performed by the Jamaica Stock Exchange (JSE)...

Analysis

Trinidad and Tobago look to public-private partnerships to address infrastructure deficit
OBG
plus

While public-private partnerships (PPPs) have been used to finance projects in Trinidad and Tobago since the 1990s, the model formally gained institutional backing in 2011 with the creation of a specific...

Analysis

Trinidad and Tobago positions itself as regional centre for liquefied natural gas bunkering
OBG
plus

In recent years Trinidad and Tobago’s maritime industry has witnessed changes that are sending ripples around the globe. New regulations, new technologies and changing trade volumes...

Analysis

Agricultural exports medicinal cannabis and chocolate source of foreign exchange for Trinidad and Tobago
OBG
plus

Alongside tourism and financial services, agro-industry is an area that holds significant potential for diversification and growth in Trinidad and Tobago’s economy. With a rich tradition of agricultural...

Allen Chastanet, Prime Minister of St Lucia: Interview
Trinidad and Tobago builds on successes of neighbouring stock exchanges
Trinidad and Tobago look to public-private partnerships to address infrastructure deficit
Trinidad and Tobago positions itself as regional centre for liquefied natural gas bunkering
Agricultural exports medicinal cannabis and chocolate source of foreign exchange for Trinidad and Tobago
 

The Report: Trinidad & Tobago 2020

Trinidad and Tobago is the largest producer of oil and gas in the Caribbean; however, like many hydrocarbon-producing nations worldwide, the slump in global energy prices beginning in...

ESG Intelligence & Analysis - The Caribbean and beyond

Economic View

Mark Loquan, President, National Gas Company of Trinidad and Tobago (NGC)

On the oil and gas industry’s transition to sustainability


Covid-19 Recovery Roadmap

Report: The role of sustainability in post-pandemic tourism diversification in the Bahamas

Small island nations like the Bahamas that rely heavily on tourism revenue have experienced particular challenges when it comes to their post-pandemic recovery. However, development strategies based on sustainable approaches – including green, blue and orange economy initiatives – have the potential to generate reliable sources of revenue and value addition in the years ahead. Tourism will continue to be the Bahamas’ leading economic sector, but with support from international financial institutions and banks...


Economic News

How can the tourism industry achieve net zero?

The global tourism industry – which accounted for 10% of GDP yet 8% of global emissions in 2019 – is faced with the challenge of ensuring continued growth while at the same time working towards net-zero emissions goals. Several stakeholders in emerging markets and further afield offer useful case studies to understand what a decarbonised future for the industry could look like. A report published in November last year by the World Travel & Tourism Council (WTTC), in collaboration with the UN...


Economic News

Who are the biggest winners in the G20’s debt-relief programme?

The economic fallout of the Covid-19 pandemic has led to the establishment of a number of debt-relief and financing options for cash-strapped countries. But just how many emerging markets have benefitted from these initiatives? Debt was already a big issue before the health crisis. According to the IMF, 36 of the 70 markets classified by the fund as being low income were either at high risk of, or already in, debt distress as of February 2020, prior to the declaration of a global pandemic...


Economic News

The circular economy: blueprint for a sustainable future in Latin America?

As Latin America continues its economic recovery from Covid-19, countries in the region are increasingly looking towards the circular economy as a platform for sustainable future growth. A counterpoint to the “take, make and throw away” linear model, the circular economy denotes an economic system in which products and materials are kept in circulation for as long as possible. In designing things to be as durable, reusable and recyclable as possible, the model places a high importance on...


CEO Survey Analysis

ESG CEO Survey: Is the board room getting greener?

Across government departments, corporate board rooms and management meetings, the implementation of environmental, social and governance (ESG) strategies is at the forefront of current planning. It is not just a symbolic tick in the box either. Shareholders and investors are increasingly factoring ESG strategy and trajectory into their decision-making, and consumers are similarly becoming more aware of the fairness and sustainability of the goods they use, the clothes they wear and the services they pay for...


Beyond Trinidad & Tobago: Reports from the Americas

Special Report

Report: Mexico's Interoceanic Corridor as an alternative to the Panama Canal

Mexico’s Interoceanic Corridor and the Texistepec industrial complex are emerging as key development hubs connecting the Pacific and Atlantic Oceans and as centres of international transport and trade...

Cash Transformation Report

How has public-private collaboration boosted digital and cash transformation in the Bahamas?

Public-private collaboration aimed at boosting digital payments and reducing cash usage in the Bahamas has made gains in a relatively short timeframe. Since the start of the Covid-19 pandemic, policymakers...

Focus Report

Focus Report: How Mexico’s digital economy benefits from North American regional integration

Amid an uncertain global economic outlook, Mexico has positioned itself as a strategic centre of production, innovation and consumption in the digital economy. This sustained growth is the result of...

Covid-19 Response Report

Report: What investments is Colombia making to digitalise its economy?

Digital acceleration trends are transforming the global economy. Along with a need to diversify exports away from oil, Colombia is investing in technology and digital solutions to boost productivity and...

Covid-19 Response Report

Report: How Mexican industry can capitalise on shifting supply chains and trade patterns

Mexico has rebounded swiftly from the pandemic as economic activity resumed and the country became the first in Latin America to begin a mass vaccination programme. The newly signed US-Mexico-Canada...

Focus Report

Report: What role can digital investments play in accelerating growth in Peru’s key industries?

The economic value of new digital technologies is pushing key Peruvian sectors to implement a range of digital strategies and investments to increase operational efficiency and transform their...

Report: Mexico's Interoceanic Corridor as an alternative to the Panama Canal cover
Report: Mexico's Interoceanic Corridor as an alternative to the Panama Canal
How has public-private collaboration boosted digital and cash transformation in the Bahamas?
Focus Report: How Mexico’s digital economy benefits from North American regional integration
Report: What investments is Colombia making to digitalise its economy?
Report: How Mexican industry can capitalise on shifting supply chains and trade patterns
Report: What role can digital investments play in accelerating growth in Peru’s key industries?