The minimum monthly wage in Trinidad and Tobago is $378. Trinidad and Tobago has a public debt of 46.6% of the country's gross domestic product (GDP) estimated in 2012. In terms of consumer prices, the inflation rate in Trinidad and Tobago is 5.4%. The currency of Trinidad and Tobago is the Trinidad and Tobago dollar. The plural form of the word Trinidad and Tobago dollar is dollars. The symbol used for this currency is $ and is abbreviated as TTD. The Trinidad and Tobago Dollar is divided into cents; there are 100 in a dollar. Every year, consumers spend around $11,100 million. The ratio of consumer spending to GDP in Trinidad and Tobago is 0.05% and the ratio of consumer spending to world consumer market is 3.2%. Corporate tax in Trinidad and Tobago is 25%. Personal income tax ranges from 0% to 25% depending on your specific situation and income level. The VAT in Trinidad and Tobago is 15%.

Gross domestic product
The total Gross Domestic Product (GDP) measured as Purchasing Power Parity (PPP) in Trinidad and Tobago is US$43,457 billion. The gross domestic product (GDP) per capita calculated in purchasing power parity (PPP) in Trinidad and Tobago was last seen at $31,660,399. PPP in Trinidad and Tobago is considered very good compared to other countries. A very good PPP shows that citizens in this country find it easy to buy local goods. Local goods can include food, shelter, clothing, healthcare, personal hygiene, essential furnishings, transportation and communications, laundry, and various types of insurance. Countries with very good PPP are safe investment locations. The total gross domestic product (GDP) in Trinidad and Tobago is 24.463 billion. Based on this statistic, Trinidad and Tobago is considered to be medium strong. Middle economy countries support an average number of industries and investment opportunities. It shouldn't be too difficult to find worthwhile investment opportunities in mid-sized economies. The gross domestic product (GDP) per capita in Trinidad and Tobago was last seen at $17,822,407. The average citizen in Trinidad and Tobago has very high net worth. Countries with very high per capita wealth have a longer life expectancy and a very high standard of living. Highly skilled labor can be found in many industries and labor is very expensive in these countries. Very wealthy countries offer safe investment opportunities as they are often backed by a diverse and thriving financial sector. The annual GDP growth rate in Trinidad and Tobago averaged 2.3% in 2014. According to this percentage, Trinidad and Tobago is currently experiencing modest growth. Modest growth countries offer safe investment opportunities; Their expanding economy suggests that businesses, jobs and incomes will increase accordingly.