Economía - descripción: Tourism continues to be the dominant activity in the economy accounting directly or indirectly for more than half of GDP. In 1999 the budding offshore financial sector was seriously hurt by financial sanctions imposed by the US and UK as a result of the loosening of its money-laundering controls. The government has made efforts to comply with international demands in order to get the sanctions lifted. The dual island nation's agricultural production is mainly directed to the domestic market; the sector is constrained by the limited water supply and labor shortages that reflect the pull of higher wages in tourism and construction. Manufacturing comprises enclave-type assembly for export with major products being bedding, handicrafts, and electronic components. Prospects for economic growth in the medium term will continue to depend on income growth in the industrialized world, especially in the US, which accounts for about one-third of all tourist arrivals.

Producto Bruto Interno (PBI): purchasing power parity - $524 million (1999 est.)

PBI - Indice de Incremento real: 2.8% (1999 est.)

PBI - por capital: purchasing power parity - $8,200 (1999 est.)

PBI - Composición por Sector:
agriculture: 4%
industry: 12.5%
services: 83.5% (1996 est.)

Población bajo linea de pobertad: NA%

Ingreso en casa o porcentage de consumción:
lowest 10%: NA%
highest 10%: NA%

Indice de Inflación (precios del consumidor): 1.6% (1999 est.)

Fuerza Laboral: 30,000

Fuerza Laboral - por ocupación: commerce and services 82%, agriculture 11%, industry 7% (1983)

Indice de desempleo: 7% (1999 est.)

Presupuesto:
revenues: $122.6 million
expenditures: $141.2 million, including capital expenditures of $17.3 million (1997 est.)

Industrias: tourism, construction, light manufacturing (clothing, alcohol, household appliances)

Industrial production growth rate: 6% (1997 est.)

Electricidad - Producción: 90 million kWh (1998)

Electricidad - producción por fuente:
fossil fuel: 100%
hydro: 0%
nuclear: 0%
other: 0% (1998)

Electricidad - consumción: 84 million kWh (1998)

Electricidad - exportaciones: 0 kWh (1998)

Electricidad - importaciones: 0 kWh (1998)

Agricultura - productos: cotton, fruits, vegetables, bananas, coconuts, cucumbers, mangoes, sugarcane; livestock

Exportaciones: $38 million (1998)

Exporationes - comodidades: petroleum products 48%, manufactures 23%, food and live animals 4%, machinery and transport equipment 17%

Exportaciones - socios: OECS 26%, Barbados 15%, Guyana 4%, Trinidad and Tobago 2%, US 0.3%

Importaciones: $330 million (1998)

Importaciones - comodidades: food and live animals, machinery and transport equipment, manufactures, chemicals, oil

Importaciones - socios: US 27%, UK 16%, Canada 4%, OECS 3%

Deuda - externa: $357 million (1998)

Ayuda economica - recipiente: $2.3 million (1995)

Moneda: 1 East Caribbean dollar (EC$) = 100 cents

Indice de intercambio: East Caribbean dollars (EC$) per US$1 - 2.7000 (fixed rate since 1976)

Año Fiscal: 1 April - 31 March