Source
Central bank

Eastern Caribbean Central Bank

International Reserves

USD 0.2 billion (2015)

International Monetary Fund (IMF), data retrieved January 2017

Gross Domestic Product - GDP

USD 1.1 billion (2017, estimate)

GDP (Purchasing Power Parity)

Intl$ 1.6 billion (2017, estimate)

Real GDP growth
2006 2007 2008 2009 2010 2011 2012
-4% 6.1% 1% -6.6% -0.5% 0.8% -1.2%
2013 2014 2015* 2016* 2017*    
2.4% 7.3% 6.2% 3% 2.7%    

*Estimate

GDP per capita - current prices

USD 10,131.8 (2017, estimate)

GDP per capita - PPP

Intl$ 14,733.0 (2017, estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
0.0% 0.0% 0.0% 0.0% 0.001%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 9.6% 
  • industry: 13.8% 
  • services: 76.6%

(2016 estimate)

Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Inflation
2013 2014* 2015* 2016* 2017*
0.0% -0.8% -0.6% 2.3% 3.4%

*Estimate

Unemployment rate
2013 2014 2015 2016 2017
N/A N/A N/A N/A N/A

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2013 2014 2015* 2016* 2017*
107.6% 101.4% 91.4% 85.5% 74.8%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015* 2016* 2017*
-7.3% -4.7% -1.2% 0.4% 0.6%

*Estimate

Government bond ratings

Standard & Poor's: SD

Moody's: N/A

Standard & Poor's / Moody's (Updated January 2017)

Market value of publicly traded shares
2013 2014 2015
N/A N/A N/A
Largest companies

N/A

 
 
Source
Current account balance

USD -0.2 billion (2017 estimate)

Current account balance by percentage of GDP

-14.1% (2017 estimate)

Exports as percent of GDP (Exports of goods and services)

26.9% (2015)

Shares in world total merchandising export

0.0% (2015)

Shares in world total commercial services export

0.004% (2015)

Total exports

USD 44.2 millions (2016 estimate)

Export commodities

Nutmeg, bananas, cocoa, fruit and vegetables, clothing, mace

Total imports

USD 0.3 billion (2016 estimate)

 
 
Source
Import commodities

Food, manufactured goods, machinery, chemicals, fuel

Exports - major partners

Nigeria 44.7%, St. Lucia 10.8%, Antigua and Barbuda 7.3%, St. Kitts and Nevis 6.6%, Dominica 6.6%, US 5.8% (2015)

Imports - major partners

Trinidad and Tobago 49.6%, US 16.4% (2015)

FDI inflows
2013 2014 2015
USD 114 million USD 38 million USD 61 million
FDI outflows
2013 2014 2015
USD 0.5 million USD 0.5 million USD 0.5 million
Value of cross-border M&A, by country of purchaser
2012 2013 2014 2015
N/A N/A N/A N/A
Cross-border M&A deals worth over $3 billion completed in 2014

N/A

Cross-border M&A deals worth over $3 billion completed in 2015

N/A

Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 138 out of 190 countries (2016)

Subcategories:

Starting a business: 77 out of 190 countries

Enforcing Contracts: 76 out of 190 countries

Registering Property: 137 out of 190 countries

Getting credit: 139 out of 190 countries

Protecting investors: 123 out of 190 countries

Trading across border: 126 out of 190 countries

Paying Taxes: 132 out of 190 countries

Dealing with Construction Permits: 105 out of 190 countries

Getting Electricity: 66 out of 190 countries

Resolving Insolvency: 169 out of 190 countries

Global competitiveness ranking

N/A

Index of Economic Freedom

N/A 

 
 
Source
Time zone

UTC-4

Total area

344 sq km

Capital

Saint George's

Currency

East Caribbean dollars (XCD)

Government type

parliamentary democracy and a Commonwealth realm

Languages

English (official), French patois

Religions

Roman Catholic 53%, Anglican 13.8%, other Protestant 33.2%

Total population
1990 2000 2010 2014* 2019**
0.096 million 0.102 million 0.105 million 0.106 million 0.108 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
30.3% 33% 36% 36%
Population median age

29.9 years (2014 est.)

Population growth rate

0.5% (2014 est.)

Life expectancy

73.8 years (2014 estimate)

Adult literacy

96% (2003 estimate)

% of population living on less than $2 a day

N/A

Inequality of wealth distribution (Gini index)

N/A

Freedom House rating

Political Rights: 1
Civil Liberties: 2 (2014)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

Fixed 27.0%   Mobile 125.6%
(2013)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

35.00% (2013)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

N/A

CO2 emissions(Metric tons of CO2 per capita)

2.5 (2010)

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