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文章基本信息

  • 标题:INTERNATIONAL TRADE AND PAYMENTS
  • 期刊名称:Annual Economic Survey
  • 印刷版ISSN:1011-6311
  • 出版年度:2005
  • 卷号:1
  • 页码:63-63
  • 出版社:Central Bank of Trinidad and Tobago
  • 摘要:Trinidad and Tobago’s balance of payments surplus more than doubled to $1,893 million (13.2 percent of GDP) in 2005, on the strength of high oil prices and the robust performance of the energy sector. This brought the year-end level of gross official reserves, net of balances in the Revenue Stabilization Fund (RSF) to $4.0 billion, equivalent to 7.9 months of prospective imports of goods and non-factor services. The surplus on the external current account increased significantly reflecting net earnings on the merchandise account of over $2.5 billion. In contrast, the capital account recorded a deficit as outflows linked to regional bond issues reached an estimated $0.2 billion and investments abroad by domestic firms increased.
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