• Trends & Evaluation
  • 2025
  • North America and Caribbean
Client: Inter-American Development Bank

Economic Assessment of Carnival in Trinidad and Tobago

Economic Assessment of Carnival in Trinidad and Tobago

This major study represented the first attempt to develop an economic impact baseline for the Trinidad Carnival – the largest Carnival in the Caribbean. The TFCC team, working with local associates, developed an economic impact framework and toolkit, which were utilised to survey a range of economic impacts across the Carnival’s value chain. This exercise will be built upon for future Carnivals, enabling the effective measurement of the Carnival economy – alongside other key outcome areas, not least the event’s cultural and social impact.