Agriculture > products
small quantities of tobacco, vegetables; cattle raising |
|
Budget > Expenditures
|
$22,500,000.00 |
|
[44th of 165]
|
|
Budget > Revenues
|
$22,800,000.00 |
|
[44th of 166]
|
|
Current account balance
|
-$42,870,000.00 |
|
[64th of 181]
|
|
Economic aid > Recipient
|
$9,000,000.00 |
|
[46th of 134]
|
Economy > Overview
Anguilla has few natural resources, and the economy depends heavily on luxury tourism, offshore banking, lobster fishing, and remittances from emigrants. Increased activity in the tourism industry has spurred the growth of the construction sector, contributing to economic growth. Anguillan officials have put substantial effort into developing the offshore financial sector, which is small, but growing. In the medium term, prospects for the economy will depend largely on the tourism sector and, therefore, on revived income growth in the industrialized nations as well as on favorable weather conditions. |
Exchange rates
East Caribbean dollars per US dollar - 2.7 (2004), 2.7 (2003), 2.7 (2002), 2.7 (2001), 2.7 (2000) |
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Exports
|
$13,000,000.00 |
|
[185th of 189]
|
|
Exports to US
|
$400,000.00 |
|
[189th of 224]
|
|
GDP
|
$104,000,000.00 |
|
[194th of 203]
|
|
GDP (purchasing power parity)
|
$108,900,000.00 |
|
[15th of 187]
|
|
GDP > Composition by sector > Agriculture
|
4% |
|
[39th of 146]
|
|
GDP > Composition by sector > Industry
|
18% |
|
[46th of 146]
|
|
GDP > Real growth rate
|
10.2% |
|
[1st of 198]
|
|
Imports
|
$143,000,000.00 |
|
[182nd of 185]
|
|
Inflation rate (consumer prices)
|
5.3% |
|
[75th of 192]
|
|
Population below poverty line
|
23% |
|
[28th of 46]
|
|
Tourist arrivals by region of origin > Europe
|
8,113 |
|
[158th of 195]
|
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Trade balance with US
|
$4,600,000.00 |
|
[66th of 224]
|
|
Trade with US > US exports of textile, sewing machines
|
18 |
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[138th of 183]
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