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    Dominica Econom�a 2000

      Econom�a - descripci�n: The economy depends on agriculture and is highly vulnerable to climatic conditions, notably tropical storms. Agriculture, primarily bananas, accounts for 21% of GDP and employs 40% of the labor force. Development of the tourist industry remains difficult because of the rugged coastline, lack of beaches, and the lack of an international airport. Hurricane Luis devastated the country's banana crop in September 1995; tropical storms had wiped out one-quarter of the crop in 1994 as well. The economy's recovery continued in 1998, fueled by increases in construction, soap production, and tourist arrivals. The government is attempting to develop an offshore financial industry in order to diversify the island's production base.

      Producto Bruto Interno (PBI): purchasing power parity - $225 million (1998 est.)

      PBI - Indice de Incremento real: 2% (1998 est.)

      PBI - por capital: purchasing power parity - $3,400 (1998 est.)

      PBI - Composici�n por Sector:
      agriculture: 21%
      industry: 16%
      services: 63% (1999 est.)

      Poblaci�n bajo linea de pobertad: NA%

      Ingreso en casa o porcentage de consumci�n:
      lowest 10%: NA%
      highest 10%: NA%

      Indice de Inflaci�n (precios del consumidor): 1.1% (1998)

      Fuerza Laboral: 25,000

      Fuerza Laboral - por ocupaci�n: agriculture 40%, industry and commerce 32%, services 28%

      Indice de desempleo: 20% (1999 est.)

      Presupuesto:
      revenues: $72 million
      expenditures: $79.9 million, including capital expenditures of $11.5 million (FY97/98)

      Industrias: soap, coconut oil, tourism, copra, furniture, cement blocks, shoes

      Industrial production growth rate: -10% (1997 est.)

      Electricidad - Producci�n: 40 million kWh (1998)

      Electricidad - producci�n por fuente:
      fossil fuel: 50%
      hydro: 50%
      nuclear: 0%
      other: 0% (1998)

      Electricidad - consumci�n: 37 million kWh (1998)

      Electricidad - exportaciones: 0 kWh (1998)

      Electricidad - importaciones: 0 kWh (1998)

      Agricultura - productos: bananas, citrus, mangoes, root crops, coconuts, cocoa; forest and fishery potential not exploited

      Exportaciones: $60.8 million (1998)

      Exporationes - comodidades: bananas 50%, soap, bay oil, vegetables, grapefruit, oranges

      Exportaciones - socios: Caricom countries 47%, UK 36%, US 7% (1996 est.)

      Importaciones: $120.4 million (1998)

      Importaciones - comodidades: manufactured goods, machinery and equipment, food, chemicals

      Importaciones - socios: US 41%, Caricom countries 25%, UK 13%, Netherlands, Canada (1996 est.)

      Deuda - externa: $90 million (1998 est.)

      Ayuda economica - recipiente: $24.4 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)

      A�o Fiscal: 1 July - 30 June

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    Revisto 01-Nov-00
    Copyright © 2000 Photius Coutsoukis (all rights reserved)


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