Trinidad & Tobago Businessforecast Industry Forecast

The Trinidad & Tobago Business Forecast Report provides essential macroeconomic, political and financial analysis for companies doing business in Trinidad & Tobago. The Trinidad & Tobago Business Forecast Report helps businesses with Trinidadian market assessment, strategic planning and decision making to promote growth and profitability in Trinidad & Tobago and is an essential tool for CEOs, Chairmen, Finance Directors/CFOs, Managing Directors, Marketing/Sales Directors with commercial interests in this emerging market.

An influential new analysis of Trinidad & Tobago's political, economic and financial prospects through end-2012, just published by award-winning forecasters, Business Monitor International.

 

 

 

Key Uses of the Trinidad & Tobago Business Forecast Report | Trinidad & Tobago's Political Outlook | Trinidad & Tobago's Economic Outlook | Trinidad & Tobago's Business Environment | Key Trinidad & Tobago Industry Sectors | Trinidad & Tobago BMI's Executive Summary | Our Caribbean Subscribers | Full Range of BMI's Business Forecast Reports

Key Uses for the Trinidad & Tobago Business Forecast Report

  • Forecast the pace and stability of Trinidad & Tobago's economic and industry growth through end-2012
  • Identify and evaluate adverse political and economic trends in Trinidad & Tobago, to facilitate risk mitigation strategies
  • Assess critical shortcomings of Trinidad & Tobago's business environment that pose hidden barriers and costs to corporate profitability
  • Contextualise Trinidad & Tobago's country risks against Caribbean regional peers using BMI's country comparative risk ratings system
  • Target business opportunities in Trinidad & Tobago's high-growth industry sectors
  • Evaluate external threats to doing business in Trinidad & Tobago, including currency volatility, the commodity price boom and protectionist policies

The Trinidad & Tobago Business Forecast Report by Business Monitor International includes four major sections: Trinidad & Tobago's Political Outlook, Trinidad & Tobago's Economic Outlook, Trinidad & Tobago's Business Environment and Trinidad & Tobago's Key Industry Sectors.

Trinidad & Tobago's Political Outlook:

What are the political risks to doing business in Trinidad & Tobago over the next 5 years?

BMI's Trinidad & Tobago Country Risk Ratings evaluate the short and medium-term threats posed by government instability, adverse economic policy-making, deterioration in the business environment and external shocks.

Trinidad & Tobago Political Outlook Contents

  • SWOT Analysis for the Trinidadian Market
    Political Strengths, Weaknesses, Opportunities and Threats facing Trinidad & Tobago.
  • Political Stability and Risk Assessment for Trinidad & Tobago
    BMI's Risk Ratings assess explicit short and long-term risks to political stability; latest ratings, rankings and trends for Trinidad & Tobago's risk are compared with Caribbean regional and global averages.
  • Current Administration and Policy-making in Trinidad & Tobago
    BMI profiles key policy-makers and power-brokers in the Trinidadian government, assessing threats to the continuity of Trinidadian economic policy, and likely changes to the business operating environment through end-2012.
  • Trinidadian Foreign Policy
    BMI examines key trends and shifts in Trinidad & Tobago's foreign relations and alignments with Caribbean neighbours, the United States and Europe, focusing on external influences.

Key Benefits

  1. Benchmark Trinidad & Tobago's risk profile against its neighbours, the global and regional average, allowing easy comparison of risks between key business markets.
  2. Identify, evaluate and anticipate political and security risks to the business environment in Trinidad & Tobago, and to your company's current operations and future plans.
  3. Gain valuable insights into the Trinidadian government and policy-making, through BMI's specialist team of analysts and economists, and their exclusive network of private and public sector sources.

Trinidad & Tobago's Economic Outlook:

How will Trinidadian economic policy-making and performance impact corporate profitability over 2008-12?

BMI provides fully independent 5-year forecasts for Trinidad & Tobago through end-2012 for more than 35 macroeconomic variables. We evaluate Trinidadian growth, and also forecast the impact of economic management, including central bank policy, on profitability.

Trinidad & Tobago Economic Outlook Contents

The Trinidad & Tobago Business Forecast Report features explicit BMI economic forecasts for Trinidad & Tobago, with supporting commentary and analysis, for end-2008, 2009, 2010, 2011 and 2012 set against Trinidadian government views. Underpinning our Trinidad & Tobago forecasts are key assumptions for the global economy through end-2012, covering growth, inflation, employment, trade and investment, interest and exchange rates in the US, Japan and the Euro-zone.

Coverage of Key Economic Issues in Trinidad & Tobago

  • Economic Activity in Trinidad & Tobago
    Real GDP growth; industrial growth; employment growth; inflation and consumer prices; consumption (indicative wages, retail sales, consumer confidence)
  • Fiscal Policy in Trinidad & Tobago
    Current macroeconomic strategy and implementation policies; government finance (revenue, expenditure, budget balance); tax reforms
  • Monetary Policy in Trinidad & Tobago
    Interest rate trends (bank lending and deposit rates); inflation (retail price inflation, consumer price inflation); exchange rate policy in Trinidad & Tobago; Trinidadian currency controls; influence of foreign direct investment inflows; exchange rates and foreign exchange reserves
  • Balance of Payments in Trinidad & Tobago
    Merchandise trade (exports, imports, trade balance); current account balance
  • Foreign Direct Investment in Trinidad & Tobago
    Foreign direct investment approvals and inflows; the foreign investment climate
  • Trinidadian External Debt
    Debt profile (short- and long-term debt; public and private sector exposure)

Key Benefits

  1. Rely upon BMI's 100% independent Forecast Scenarios for Trinidad & Tobago and underlying assumptions - we take no advertising and are privately-owned.
  2. Exploit the benefits of BMI's comprehensive and reliable macroeconomic Trinidad & Tobago database, sourced and fully maintained by BMI from an extensive network of private sector, government and multilateral contacts.
  3. Gain key insights into the current and future direction of Trinidadian government economic policy

Trinidad & Tobago's Business Environment:

How internationally competitive is Trinidad & Tobago's regulatory environment, and what changes can be expected?

BMI assesses levels of transparency, flexibility of labour market, tax burden, development of the banking sector and credit availability, infrastructure and IT, foreign investment regime and trade liberalisation in Trinidad & Tobago.

Trinidad & Tobago Business Environment Contents

  • Trinidad & Tobago's Business Environment Risk Rating with SWOT Analysis
    Short and long-term business environment risk ratings for Trinidad & Tobago, benchmarked against ratings for Caribbean and neighbouring countries.
  • Country Competitiveness for Trinidad & Tobago
    Competitiveness of Trinidad & Tobago's business operating environment in supporting corporate growth and profitability over the 5-year forecast horizon, compared with regional neighbours.

Coverage of Key Business Environment Issues in Trinidad & Tobago's Domestic Environment

Transparency, cronyism and corruption; labour market flexibility; corporate tax burden; interest rate levels; access of private sector to lines of credit; sophistication of banking sector and stock market; levels of business confidence; infrastructure and IT

  • Foreign Direct Investment in Trinidad & Tobago
    Analysis of foreign investment regime, foreign ownership laws; attractiveness of business environment to foreign investors; review of major foreign direct investments over the last 24 months, and of strategic sectors attracting most interest
  • Foreign Trade with Trinidad & Tobago
    Analysis of trading environment, government trade policy, liberalisation measures, tariffs and membership of trade areas

Trinidad & Tobago's Key Industry Sectors

Which industry sectors in Trinidad & Tobago will grow fastest, and where are the major investment opportunities in the Trinidadian market?

BMI targets investment opportunities in Trinidad & Tobago's high growth industries, including automotives, food and drink, infrastructure, oil and gas, pharmaceuticals and healthcare, telecommunications and IT.

Coverage of Trinidad & Tobago's Key Industry Sectors - Trinidadian Market Overview

Size, value and structure of industry; impact of liberalisation and privatisation on sector performance and prospects; friendliness of business environment

  • Latest Developments in Trinidad & Tobago
    Review of latest projects, deals, privatisations, mergers and acquisitions, and implications for sector performance; company rankings for national and multinational companies in Trinidad & Tobago; main industry players by local sales, employee size, market share and main brands, products and services
  • 5-year Industry Forecast for Trinidad & Tobago
    Historic dataset (2003-2007) and BMI forecasts through end-2012, covering headline industry data broken out by sub sector

Key Benefits

  1. Target strategic sector-by-sector opportunities in Trinidad & Tobago's high growth industries, attracting public expenditure and foreign investment; identify key players and competitors driving growth, investment and business opportunities.
  2. Benefit from competitive intelligence on top national and multinational companies operating in Trinidad & Tobago's major industry sectors, including analysis of recent trends in sales and market share, company strategies, product launches and latest deals.

Who buys the Caribbean Business Forecast Reports?

The Trinidad & Tobago Business Forecast Report is an essential tool for CEOs, Chairmen, Finance Directors/CFOs, Managing Directors, Marketing/Sales Directors with commercial interests in Trinidad & Tobago.

Our Business Forecast Reports are relied upon by corporates, banks, government departments and multinational organisations around the world.

Business Monitor International's Business Forecast Report subscribers include:

ABB Mexico, SA de CV, American Express Argentina, American Honda Motor Co Inc, Ansa Technologies Ltd, Antigua Commercial Bank, ATCO Structures Inc, Atlas Copco Chilena, Banco de Mexico, BASF Interservicios SA de CV, Bristol Myers Squibb, Carl Zeiss de Mexico SA de CV, Chrysler LLC, Coca-Cola Servicios de Colombia, Colgate-Palmolive CA, Glaxosmithkline Chile Ltda, Hyatt International, Lafarge SA, Levi Strauss Mexico, Merck SA, Merrill Lynch - Brazil, Siemens S.A. de C.V., Sony Ericsson, Standard Chartered Bank, Unilever Caribbean, West Indies Oil Company 

 

"I find the Central Economic Forecast most valuable, it is both insightful and objective. The key economic and political issues are identified and there is ample data to provide a foundation of credibility."
Marketing Officer, Phoenix Park Gas Processors Ltd, Trinidad & Tobago

BMI's Executive Summary for Trinidad and Tobago

[TOP]

The Success Story Continues...

The economic outlook for Trinidad & Tobago remains favourable. The pace of growth will moderate in 2008, to 5.7% in real terms (from an estimated 7.0% in 2006), as the effect of increased output is offset by a decline in world prices and base effects. While oil output is gradually declining, overall energy output will continue to rise over the forecast period thanks to higher gas and methanol production. Meanwhile, the political climate will remain stable following Prime Minister Patrick Manning's convincing victory in November's general elections, although we caution that the government must look to tackle the problems of violent crime and corruption to gain further public confidence. On the business front, there is a pressing need to encourage greater diversification away from the dominant energy sector. According to official estimates, the country's proven oil reserves will be depleted by 2020 assuming no new discoveries.

Although public opinion polls in the run up to November's election suggested a close contest, Prime Minister Manning easily secured a majority, gaining 26 seats out of a possible 41. The ruling People's National Movement benefited strongly from a split opposition vote, which ultimately allowed the party to win with less votes than in the 2002 election. In policy terms, there will be little change under a new government. For all their strife, the two main parties differ little in policy terms and both are committed to the democratic rule of law and orthodox macroeconomic policies. While the overall outlook for Trinidad & Tobago remains generally very robust, the economy is operating at full tilt, and the resulting capacity constraints may increasingly come into play over the next few months. In output terms, the energy sector, accounting for an estimated 41.2% of GDP in 2006, will remain the engine of growth in the forecast period and beyond. Energy exports accounted for 91% of the value of total exports in 2006, underlining the country's heavy dependence on the energy sector. Moreover, Trinidad's excessive reliance on the energy export sector as an engine of growth makes it highly vulnerable to an external shock.

Trinidad & Tobago's new business environment rating of 53.7 puts the country among the leaders in the Latin America and the Caribbean region, and 58th worldwide. The country enjoys a high investment grade rating from the major agencies, which is underpinned by policy measures to attract foreign investment. Indeed, the island group scores 69.8 in market orientation, some way above the Caribbean average of 52.7. However, the country performs below par in the infrastructure and institutions sub-components of the ratings, suggesting that there is still much room for improvement.

Read about our other Business Forecast Reports  

Asia

Australia, Bangladesh, China, Hong Kong, India, Indonesia, Malaysia, Pakistan, Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Thailand, Vietnam

Europe

Bosnia & Herzegovina, Bulgaria, Caucasus, Croatia, Cyprus, Czech Republic, Estonia, Greece, Hungary, Kazakhstan & Central Asia, Latvia, Lithuania, Macedonia, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, Turkey, Ukraine

Middle East

Bahrain, Iran, Iraq, Israel, Jordan, Lebanon & Syria, Kuwait, Oman & Yemen, Qatar, Saudi Arabia, UAE

Africa

Angola, Botswana, Cameroon, Cote d'Ivoire, Egypt, Ethiopia, Francophone West Africa, Ghana, Kenya, Mozambique, Namibia, Nigeria, North Africa, South Africa, Sudan, Tanzania, Uganda, Zambia, Zimbabwe

North & South America

Argentina, Brazil, Chile, Colombia, East Caribbean, Mexico, Peru, Trinidad & Tobago, Venezuela, West Caribbean

 

Business Monitor International

Business Monitor International
A Market Leader in Country Risk, Industry Intelligence and Company Research

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BUSINESS MONITOR INTERNATIONAL's country risk analysis and forecasts, market research on leading industries, and multinational company research is relied upon by corporates, banks, government departments and multilateral organisations in over 125 countries around the world.

Country Risk Analysis and Forecasts
BMI
has for 25 years specialised in political risk analysis, financial markets analysis, and macroeconomic forecasts on 175 global markets.

Industry Intelligence and Market Research
BMI's industry research covers Automotives; Banking; Chemicals; Defence & Security; Food & Drink; Freight Transport; Information Technology; Infrastructure; Insurance; Mining; Oil & Gas; Petrochemicals; Pharmaceuticals & Healthcare; Power; Telecommunications, and Tourism.

Company Research
BMI maintains a fully-researched 55,000-site database of multinational company subsidiaries located across global markets.