Agriculture > products
small quantities of tobacco, vegetables; cattle raising |
|
Budget > Expenditures
|
$22,500,000.00
|
|
[214th of 221]
|
|
Budget > Revenues
|
$22,800,000.00
|
|
[215th of 223]
|
|
Currency
|
East Caribbean dollar |
|
|
|
Currency code
|
XCD |
|
|
|
Current account balance
|
-$42,870,000.00
|
|
[73rd of 162]
|
|
Debt > External
|
$8,800,000.00
|
|
[193rd of 198]
|
|
Economic aid > Recipient
|
$9 million (2004 est.) |
|
|
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, which has spurred the growth of the construction sector, has contributed 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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Exchange rates > 2001
|
2.7
|
|
[142nd of 214]
|
|
Exchange rates > 2002
|
2.7
|
|
[145th of 214]
|
|
Exchange rates > 2003
|
2.7
|
|
[145th of 213]
|
|
Exchange rates > 2004
|
2.7
|
|
[144th of 211]
|
|
Exchange rates > 2005
|
2.7
|
|
[142nd of 212]
|
|
Exchange rates > Note
|
fixed rate since 1976 |
|
|
Exchange rates > Recent years
East Caribbean dollars per US dollar - 2.7 (2005), 2.7 (2004), 2.7 (2003), 2.7 (2002), 2.7 (2001) |
|
Exchange rates to USD > 2002
|
2.7 |
|
|
|
Exchange rates to USD > 2003
|
2.7 |
|
|
|
Exchange rates to USD > 2004
|
2.7 |
|
|
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