Economy - overview:
Tourism, trade, and other services are the primary economic activities, accounting for roughly 57% of GDP and about half of total civilian employment in 2010. The islands hosted nearly 2.74 million visitors - 2.2 million cruise ship and 536,000 air passengers - in 2011. Industry and government each account for about one-fifth of GDP. The manufacturing sector consists of rum distilling, electronics, pharmaceuticals, and watch assembly. The agriculture sector is small, with most food being imported. The islands are vulnerable to damage from storms. The government is working to improve fiscal discipline, to support construction projects in the private sector, to expand tourist facilities, to reduce crime, and to protect the environment.
GDP (purchasing power parity): GDP (official exchange rate): GDP - real growth rate: GDP - per capita (PPP): GDP - composition, by sector of origin:
Agriculture - products: Industries: Industrial production growth rate: Labor force: Labor force - by occupation:
Unemployment rate: Population below poverty line: Household income or consumption by percentage share:
Budget:
Fiscal year: Inflation rate (consumer prices): Exports: Exports - commodities: Imports: Imports - commodities: Debt - external: Exchange rates:
$1.577 billion (2004 est.)
country comparison to the world: 196
[see also: GDP country ranks ]
$NA
[see also: GDP (official exchange rate) country ranks ]
2% (2002 est.)
country comparison to the world: 145
[see also: GDP - real growth rate country ranks ]
$14,500 (2004 est.)
country comparison to the world: 92
[see also: GDP - per capita country ranks ]
agriculture:
1%
industry:
19%
services:
80% (2003 est.)
fruit, vegetables, sorghum; Senepol cattle
tourism, watch assembly, rum distilling, construction, pharmaceuticals, electronics
NA%
[see also: Industrial production growth rate country ranks ]
49,820 (2007 est.)
country comparison to the world: 193
[see also: Labor force country ranks ]
agriculture:
1%
industry:
19%
services:
80% (2003 est.)
6.2% (2004)
country comparison to the world: 63
[see also: Unemployment rate country ranks ]
28.9% (2002)
[see also: Population below poverty line country ranks ]
lowest 10%:
NA%
highest 10%:
NA%
revenues:
$837 million
expenditures:
$837 million (FY08/09)
1 October - 30 September
2.2% (2003)
country comparison to the world: 77
[see also: Inflation rate (consumer prices) country ranks ]
$4.234 billion (2001)
country comparison to the world: 119
[see also: Exports country ranks ]
refined petroleum products
$4.609 billion (2001)
country comparison to the world: 133
[see also: Imports country ranks ]
crude oil, foodstuffs, consumer goods, building materials
$NA
[see also: Debt - external country ranks ]
the US dollar is used