Demographics

TTFTC promotes fair competition, equal business opportunities, and transparent practices in Trinidad and Tobago.

Demographics refer to statistical data that describes the characteristics of a population, such as age, gender, income, education, employment status, marital status, and more. These data are often used for market research, social studies, and various other applications to understand and analyze the composition of a particular group.

Demographic information is valuable in a wide range of fields, including business, government, healthcare, and sociology. Businesses use demographic data to target their products or services to specific consumer groups, while policymakers may use demographic information to make decisions about resource allocation, infrastructure development, and social programs.

Common demographic examples include age, gender, income, education, and religion. You can easily collect demographic information like this using a survey. Businesses typically insert demographic questions in a separate section, usually at the top of the page, to help distinguish this information from the primary survey topic.

Key demographic factors include:

Age: The distribution of people across different age groups.
Gender: The distribution of the population based on male and female categories.
Income: The income levels of individuals or households within a population.
Education: The educational attainment levels of the population.
Occupation: The types of jobs or professions that people are engaged in.
Marital Status: Whether individuals are single, married, divorced, or widowed.
Geographic Location: The geographic distribution of the population, including urban, suburban, and rural areas.
Ethnicity/Race: The racial and ethnic composition of the population.
Household Size: The number of people living in a household.

Demographic trends can change over time and can have significant implications for various sectors. For example, an aging population may impact healthcare needs and retirement policies, while changes in educational attainment can influence workforce dynamics. Analyzing demographics helps researchers and policymakers make informed decisions and predictions about future trends.

The TTFTC seeks to create and maintain a fairer Trinidad and Tobago for all which will be characterized by vigorous competition with the result being high quality goods and services being provided at competitive prices. The TTFTC prides itself in being a transparent and accountable agency that encourages the maintenance and promotion of free and fair competition in the conduct of business in Trinidad and Tobago.