TRINIDAD AND TOBAGO - Caribbean Tourism Organization
TRINIDAD AND TOBAGO - Caribbean Tourism Organization
TRINIDAD AND TOBAGO - Caribbean Tourism Organization
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
ECONOMIC IMPACT<br />
IN 2005, <strong>TRINIDAD</strong> <strong>AND</strong> <strong>TOBAGO</strong>’S TRAVEL & TOURISM IS EXPECTED TO<br />
GENERATE TT$16,481.2 MN (US$2,616.1 MN) OF ECONOMIC ACTIVITY (TOTAL<br />
DEM<strong>AND</strong>). THE INDUSTRY’S DIRECT IMPACT INCLUDES:<br />
HOWEVER, SINCE TRAVEL & TOURISM TOUCHES ALL SECTORS OF THE<br />
ECONOMY, ITS REAL IMPACT IS EVEN GREATER. <strong>TRINIDAD</strong> <strong>AND</strong> <strong>TOBAGO</strong>’S<br />
TRAVEL & TOURISM ECONOMY DIRECTLY <strong>AND</strong> INDIRECTLY ACCOUNTS FOR:<br />
10<br />
33,771<br />
jobs representing 5.8% of total<br />
EMPLOYMENT.<br />
96,539<br />
jobs representing 16.7% of total<br />
EMPLOYMENT.<br />
TT$9,681,1 mn<br />
(US$1,536.7 mn) of<br />
EXPORTS, SERVICES & MERCH<strong>AND</strong>ISE<br />
or 16.1% of total Exports.<br />
TT$557.9mn<br />
(US$88.6 mn) of<br />
GOVERNMENT EXPENDITURES<br />
or a 5.2% share.<br />
TT$4,209.9 mn<br />
(US$668.2 mn) of<br />
GROSS DOMESTIC PRODUCT<br />
(GDP) equivalent to 4.8% of total GDP..<br />
TT$11,982.3 mn<br />
(US$1,902.0 mn) of<br />
GROSS DOMESTIC PRODUCT<br />
(GDP) equivalent to 13.8% of total GDP.<br />
TT$1,786.8 mn<br />
(US$283.6 mn) of<br />
CAPITAL INVESTMENT<br />
or 12.6% of total Investment.
Change language