<P> As of 2015, Trinidad and Tobago had the third highest GDP per capita based on purchasing power parity (PPP) in the Americas after the United States and Canada . It is recognised by the World Bank as a high - income economy . Unlike most of the English - speaking Caribbean, the country's economy is primarily industrial with an emphasis on petroleum and petrochemicals . The country's wealth is attributed to its large reserves and exploitation of oil and natural gas . </P> <P> Trinidad and Tobago is known for its Carnival celebration and as the birthplace of steelpan drums, the limbo, and music styles such as calypso, soca, parang and chutney . </P> <P> Historian E.L. Joseph claimed that Trinidad's Amerindian name was Cairi or "Land of the Humming Bird", derived from the Arawak name for hummingbird, ierèttê or yerettê . However, Boomert claims that neither cairi nor caeri means hummingbird and tukusi or tucuchi does . Others have reported that kairi and iere simply mean island . Christopher Columbus renamed it "La Isla de la Trinidad" ("The Island of the Trinity"), fulfilling a vow made before setting out on his third voyage of exploration . Tobago's cigar - like shape may have given it its Spanish name (cabaco, tavaco, tobacco) and possibly its Amerindian names of Aloubaéra (black conch) and Urupaina (big snail), although the English pronunciation is / təˈbeɪɡoʊ /, rhyming with lumbago, sago, and "may go". </P> <P> Trinidad and Tobago are islands situated between 10 ° 2' and 11 ° 12' N latitude and 60 ° 30' and 61 ° 56' W longitude . At the closest point, Trinidad is just 11 kilometres (6.8 mi) from Venezuelan territory . Covering an area of 5,128 km (1,980 sq mi), the country consists of the two main islands, Trinidad and Tobago, and numerous smaller landforms, including Chacachacare, Monos, Huevos, Gaspar Grande (or Gasparee), Little Tobago, and St. Giles Island . </P>

Where did the name trinidad and tobago come from
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