Trinidad and Tobago
Carnival, Calypso, and Oil
Overview
A twin-island Caribbean nation famous for inventing steel pan music and hosting one of the world's greatest Carnival celebrations, powered by oil and gas wealth.
Geographic Context
Region
Americas
Subregion
Caribbean
Land Area
5,130 km²
Capital
Port of Spain
Languages
English
Currencies
Trinidad and Tobago dollar ($)
At a Glance
63
Oyster Score
Composite index
Health
39
Freedom
93
Security
56
Life Expectancy
71.7 yrs
Median Age
36.7 yrs
Urbanization
54%
Cost Index
54
Housing Index
40
Healthcare Access
43/100
Climate
Average Temperature
26.9°C
Most Temperate Cities
1 Ward of Diego Martin 27.6°C
2 Scarborough 27.5°C
3 Point Fortin 27.4°C
4 Ward of Siparia 27.2°C
5 Siparia 27.2°C
Cities
Economy & Finance
Finances
Economic Indicators
Cost Index 54
Cost of Living
Price Levels & Affordability
Housing Index 40
Investment
Credit Rating & Markets
Corp. Tax 30.00%
Taxation
Tax Rates & Compliance
Employment
Labor & Social Protection
Startup Score 41/100
Business Environment
Trade & Commerce
FDI Openness 20/100
Society & Governance
International
Travel
Visas & Entry Requirements
Visa-Free 128 countries
Diplomatic Relations
Embassies & Alliances
Missions 9
Defence
Military & Security
Mil. Spending 0.89% GDP
Infrastructure
Energy & Transport
Internet Speed 95 Mbps
Environment
Emissions & Biodiversity
Alternatives
Similar Jurisdictions
Jurisdiction Guide
Tips & Cultural Insights
Frequently Asked Questions
Sources: World Bank | WHO | Freedom House | OECD · Last updated: 2025