Economic Survey of Latin America and the Caribbean 2003-2004

image of Economic Survey of Latin America and the Caribbean 2003-2004

This year's Survey, the fifty-sixth edition in this series, is divided into two parts. The first analyses the main features of the regional economy, while the second examines the situation in the individual countries of Latin America and the Caribbean. A summarized statistical appendix is supplemented by the more detailed information that is provided on the accompanying CD-ROM for ease of data processing.



Trinidad and Tobago

The economy of Trinidad and Tobago expanded by 4.1 % in 2003, thus reversing the growth slowdown it had experienced starting in 2000. The upturn was led by the energy sector, particularly the natural gas subsector, which was boosted by an increase in production capacity and the rise in international oil prices. The growth of non-energy sectors as a whole, however, lagged behind this expansion and did little to boost job creation.


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