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T&T is second richest in Caribbean
Posted On 22 Dec 2013
T&T has been ranked second among the top ten wealthy Caribbean nations based on Gross National Income (GNI), according to a report by the World Bank. In its 2014 World Development Report, the World Bank used the GNI to measure the wealth of Caribbean nations. The information is data of the bank’s main criterion for classifying economies, the gross national income (GNI) per capita.
The GNI per capita is the gross national income of a country divided by its total population. It is also the sum of value added by all resident producers, plus any product taxes (less subsidies) not included in the valuation of output, plus net receipts of primary income (compensation of employees and property income) from abroad, according to the World Bank. Bahamas grabbed the top spot with a GNI of $21,280.
The full list based on the World Bank report:
• Bahamas $21,280
• Trinidad $14,400
• Antigua $12,640
• Suriname $8,480
• Grenada $7,110
• St Lucia $6,530
• Dominica $6,460
• St Vincent and the Grenadines $6,380
• Jamaica $5,140
It is NOT correct to say that T&T is the second richest – it only tells about the relation between money and the number of people. It is more correct to say T&T is the richest on that list,.. but that would be wrong too,.
doing the math …and comparing to Jamaica ex. with their 2.7 mill citizens – we get a total for T&T to aprx. 18.7 Billion vs Jamaica 13.8 Billion — not so far off… whilst Bahamas with its population of 372.000 only – ends up with a total of 7.9 Billion – lower than both T&T and Jamaica..
What is more important is to look at : corruption over the pas 10 years, and how the distance between poor and rich has increased – and how the poor gets poorer. The majority of the $$$$$ never reaches those who needs it the most.
Trinidad got a great rating because of the dedication and hard work of the present government. Prime Minister Kamla is the best leader the island ever had and will ever have. Throughout the island you can see projects being COMPLETED on time . Citizens please support your Prime Minister and recognize the good her party is doing.
Please…. please refrain from including Tobago in the “happy” news… In Tobago we are far far far away from even being close to what you say…
“Throughout the island you can see projects being COMPLETED on time ….”
I am not aware of ANY projects that finished on time over the last 12-15 years.. NONE… on top of that – the budget never holds water – and it happens more often than not that the final cost of Any project – is (at least) twice the initial budget.
I do NOT blame this on the PM, not at all, but rather on the incompetent THA, that only blames everything on being hindered by the government,… but we all know that is not true for most cases.
For quite some years now, in the real world, Trinidad and Tobago has been operated as two completely separate countries, with separate everything…