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The Republic of Trinidad and Tobago (pronounced /ˈtrɪnɨdæd ən təˈbeɪɡoʊ/) is a member state of the East Caribbean Federation located in the southeastern corner of the Caribbean Sea. It shares maritime boundaries with other nations, including the Guyana Co-operative to the southeast, and Venezuela to the south and west.
The country covers an area of 5128 sq km (1980 sq mi) and consists of two main islands, Trinidad and Tobago, and numerous smaller landforms. Trinidad is the larger and more populous of the main islands; Tobago is much smaller, comprising about 6% of the total area and 4% of the entire population which is estimated at 1.3 million (2005). The nation lies outside the hurricane belt.
Trinidad's economy is strongly influenced by the petroleum industry. Tourism and manufacturing are also important to the local economy. Tourism, mainly from South America, is a growing sector, although not proportionately as important as in many other Caribbean islands. Agricultural products include citrus, cocoa, and other products.
Recent growth has been fueled by investments from South America and Mexico in liquefied natural gas, petrochemicals, and steel. Additional petrochemical, aluminum, and plastics projects are in various stages of planning. Trinidad and Tobago is the leading Caribbean producer of oil and gas, making it a key producer in the ECF's economy.
Oil and gas account for about 40% of GDP and 80% of exports, but only 5% of employment.