TRINIDAD AND TOBAGO - Caribbean Tourism Organization

SATELLITE ACCOUNT
TRINIDAD AND TOBAGO
Travel & Tourism - TT$ mn
44
2000 2001 2002 2003 2004E 2005E 2015P
Personal Travel & Tourism 2,334.70 2,469.09 2,657.00 2,750.51 2,956.88 3,384.25 6,074.48
Business Travel & Tourism 594.62 789.50 854.35 783.77 944.40 1,071.11 1,887.41
Corporate 498.10 656.98 717.01 641.06 758.48 849.52 1,558.58
Government 96.52 132.53 137.34 142.71 185.92 221.58 328.84
Gov't Expenditures - Individual 16.11 11.01 28.65 24.87 26.63 37.73 69.22
Visitor Exports 2,351.64 2,262.52 2,522.49 2,763.48 2,866.80 3,287.11 7,659.37
Travel & Tourism Consumption 5,297.06 5,532.13 6,062.49 6,322.63 6,794.71 7,780.19 15,690.49
Gov't Expenditures - Collective 104.87 202.97 313.92 368.60 471.45 520.14 954.26
Capital Investment 1,079.34 1,323.06 1,333.63 1,466.98 1,595.34 1,786.84 3,278.22
Exports (Non-Visitor) 4,530.08 4,167.11 3,391.27 4,508.67 4,438.34 6,393.98 12,231.93
Travel & Tourism Demand 11,011.34 11,225.26 11,101.32 12,666.87 13,299.84 16,481.15 32,154.90
Travel & Tourism Industry Aggregates (Direct Impact Only)
Employment ('000) 29.56 30.09 30.38 31.34 32.96 33.77 44.67
Gross Domestic Product 2,214.94 2,670.98 2,736.98 3,294.82 3,694.53 4,209.92 8,334.97
Travel & Tourism Economy Aggregates (Direct and Indirect Impacts)
Employment ('000) 80.40 81.66 84.14 85.82 91.15 96.54 131.45
Gross Domestic Product 6,398.82 7,972.22 6,798.25 9,386.87 9,439.05 11,982.29 24,447.78
Travel & Tourism Accounts as % of National Accounts
Personal Travel & Tourism 7.95 7.95 7.95 7.95 7.95 8.17 8.22
Gov't Expenditures 1.97 2.83 4.27 4.11 5.14 5.17 5.32
Capital Investment 12.59 12.57 12.57 12.57 12.57 12.64 12.99
Exports 22.62 21.26 20.90 19.63 16.42 16.09 20.69
T&T Imports 19.81 13.27 17.09 12.17 11.91 11.46 11.56
Travel & Tourism Industry Aggregates (Direct Impact Only)
Employment 5.88 5.85 5.79 5.87 5.86 5.83 6.53
Gross Domestic Product 4.31 4.86 4.94 4.98 5.14 4.84 5.63
Travel & Tourism Economy Aggregates (Direct and Indirect Impacts)
Employment 15.98 15.88 16.02 16.07 16.21 16.65 19.21
Gross Domestic Product 12.46 14.49 12.28 14.19 13.13 13.76 16.53
Travel & Tourism Real Growth (per annum except 2015 = 10-year annualized)
Personal Travel & Tourism 4.05 3.01 14.61 -3.33 6.00 -0.28 4.36
Business Travel & Tourism -2.64 29.33 15.25 -14.33 18.81 -1.18 4.16
Gov't Expenditures 9.87 72.29 70.51 7.26 24.82 -2.41 4.58
Capital Investment -27.76 19.40 7.36 2.72 7.23 -2.41 4.58
Visitor Exports -10.52 -6.29 18.74 2.30 2.29 -0.09 7.20
Other Exports 57.29 -10.40 -13.32 24.15 -2.94 25.52 5.05
Travel & Tourism Consumption -3.65 1.73 16.72 -2.61 5.96 -0.23 5.17
Travel & Tourism Demand 10.48 -0.70 5.33 6.55 3.53 7.97 5.25