Trinidad’s Background The islands came under British control in the 19th century; independence was granted in 1962. The country is one of the most prosperous in the Caribbean thanks largely to petroleum and natural gas production and processing. Tourism, mostly in Tobago, is targeted for expansion and is growing.
If such unrestrained hedonism is not your thing, you can still enjoy the relative calm of Tobago, but February is a great time to “mix and match” relaxation with one of the greatest shows on earth. Other countries claim Carnival, but for many who have visited the original in Trinidad and Tobago, there is nothing quite like it in the world!
With its beautiful white sandy beaches of Pigeon Point and sparkling crystal waters. Tobago is the closest Island to Latin America and seems to have the same climate; the weather here is lovely all year round. Although Tobago is one of the warmer islands, the cool breeze never lets you feel too hot.
Trinidad’s Economy Trinidad and Tobago has earned a reputation as an excellent investment site for international businesses and has one of the highest growth rates and per capita incomes in Latin America. Recent growth has been fueled by investments in liquefied natural gas (LNG), petrochemicals, and steel. Additional petrochemical, aluminum, and plastics projects are in various stages of planning. Trinidad and Tobago is the leading Caribbean producer of oil and gas, and its economy is heavily dependent upon these resources but it also supplies manufactured goods, notably food and beverages, as well as cement to the Caribbean region. Oil and gas account for about 40% of GDP and 80% of exports, but only 5% of employment. The country is also a regional financial center, and tourism is a growing sector, although it is not proportionately as important as in many other Caribbean islands.