Economy Overview
dual island-tourism and construction-driven economy; emerging “blue economyâ€; limited water supply and susceptibility to hurricanes limit activity; improving road infrastructure; friendly to foreign direct investment; looking at financial innovation in cryptocurrency and blockchain technologies
Agriculture Products
tropical fruit, milk, mangoes/guavas, melons, tomatoes, pineapples, lemons, limes, eggplants, onions
Industries
tourism, construction, light manufacturing (clothing, alcohol, household appliances)
Industrial Production Growth Rate
8.26% (2021 est.)comparison ranking: 49
Labor Force
30,000 (1991)comparison ranking: 204
Unemployment Rate
11% (2014 est.)comparison ranking: 64
Population Below Poverty Line
NA
Household Income or Consumption by Percentage Share
Lowest 10%: NA
Highest 10%: NA
Budget
Revenues: $278 million (2020 est.)
Expenditures: $357 million (2020 est.)
Budget Surplus
-2.4% (of GDP) (2017 est.)comparison ranking: 112
Public Debt
86.8% of GDP (2017 est.)86.2% of GDP (2016 est.)
Commercial Bank Prime Lending Rate
Market Value of Publicly Traded Shares
Reserves of Foreign Exchange and Gold
$367.512 million (31 December 2021 est.)$221.809 million (31 December 2020 est.)$279.133 million (31 December 2019 est.)
Debt External
$441.2 million (31 December 2012)$458 million (June 2010)
Stock of Direct Foreign Investment at Home
Stock of Direct Foreign Investment Abroad
Exchange Rates
0: East Caribbean dollars (XCD) per US dollar -
Exchange rates: 2.7 (2021 est.)2.7 (2020 est.)2.7 (2019 est.)2.7 (2018 est.)2.7 (2017 est.)
