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Thursday, April 3, 2025

T&T is second richest in Caribbean

by

20131222

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:

�2 Ba­hamas $21,280

�2 Trinidad $14,400

�2 An­tigua $12,640

�2 Suri­name $8,480

�2 Grena­da $7,110

�2 St Lu­cia $6,530

�2 Do­mini­ca $6,460

�2 St Vin­cent and the Grenadines $6,380

�2 Ja­maica $5,140


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