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The Trinidad and Tobago economy is the largest among member countries of the Caribbean Community (CARICOM), with a gross domestic product in 2000 of almost $8 billion.

International Monetary Fund. External Relations Dept.

In 2005, Trinidad and Tobago’s economy grew by about 8 percent, underpinned by strong growth in the energy sector, according to the IMF’s annual economic review. The nonenergy sector, also vibrant, expanded by 7¾ percent, thanks to public infrastructure spending and rapid credit growth that fueled private spending. With global energy prices still high, the economy is on pace to expand by 12½ in real terms in 2006.