Trinidad and Tobago are traditionally slightly richer
than neighboring countries, but there are major problems
with widespread poverty. Visit AbbreviationFinder to see the definitions of TTO and acronym for Trinidad and Tobago. However, unemployment has fallen
and was estimated to be just over 6 per cent in 2010.
Compared to its neighboring countries, Trinidad and Tobago
have well-developed health care, which is free of charge and
mainly organized by the state. Health care costs per
inhabitant are higher than in many European countries,
although medical density is low and hospital capacity is
limited. The health situation has improved since the 1970s,
and the number of deaths in malaria, tuberculosis and
typhoid has dropped significantly. The social security
system also includes: old-age pension, disability, sickness
and occupational injury insurance.
Trinidad and Tobago were 17-19. April 2009 hosted the 5th
Summit of the Americas, and in November it hosted the
Commonwealth Heads of Government.
In April 2010, Manning printed elections for May, 2 years
ahead of time. The country continues to suffer from a great
deal of crime. The annual number of homicides increased from
93 in 1999 to 509 in 2009. The sharp increase is mainly
attributed to the increasing drug traffic across the
country. In February 2010, it acquired 6 new high-speed
motor torpedo boats to drive drug traffic off the coast of
the country. The election provided a landslide to the
Peoples Partnership Coalition, which received 59.8% of the
vote. The ruling party PNM had to settle for 39.5%. New
Prime Minister therefore became PPC's Kamla
Persad-Bissessar. She became the country's first female
prime minister. The PPC was formed shortly before the
election for the sole purpose of overthrowing Patrick
Manning from the post of prime minister.
Domestic violence was slightly reduced. In 2012, "only"
377 homicides occurred against 509 in 2009.
The country's solid oil foundation caused the OECD in
November 2011 to remove it from its list of developing
countries. Oil and gas account for 80% of exports, 40% of
GDP, but only 5% of employment. The country is therefore
vulnerable to the fluctuations in the world market in energy
prices. Already in 2007, gas production became more
important than oil production.
In February 2013, Prime Minister Kamla Persad-Bissessar
announced that the ruling party nominated Anthony Carmona to
succeed Maxwell Richards in the post of the country's
president. The following month, Carmona was posted to the
post. He is a judge and in 2011-12 had been a judge of the
In the September 2015 election, the ruling United
National Congress lost its majority in parliament as it lost
4 seats and had to settle for 17.