| Economy | Anguilla |
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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. |
GDP (purchasing power parity):
 | $108.9 million (2004 est.) |
GDP - per capita (PPP):
 | $8,800 (2004 est.) |
GDP (official exchange rate):
 | $108.9 million (2004 est.) |
GDP - real growth rate:
 | 10.2% (2004 est.) |
GDP - composition by sector:
 | agriculture: 4% industry: 18% services: 78% (2002 est.) |
Investment (gross fixed):
 | void |
Population below poverty line:
 | 23% (2002) |
Household income or consumption by percentage share:
 | lowest 10%: NA% highest 10%: NA% |
Distribution of family income - Gini index:
 | void |
Inflation rate (consumer prices):
 | 5.3% (2006 est.) |
Central bank discount rate:
 | 6.5% (31 December 2007) |
Commercial bank prime lending rate:
 | 9.76% (31 December 2007) |
Stock of money:
 | $23.57 million (31 December 2007) |
Stock of money - per capita:
 | 1,633 USD per capita |
Stock of quasi money:
 | $470.1 million (31 December 2007) |
Stock of quasi money - per capita:
 | 32,565 USD per capita |
Stock of domestic credit:
 | $447.7 million (31 December 2007) |
Stock of domestic credit - per capita:
 | 31,013 USD per capita |
Labor force:
 | 6,049 (2001) |
Labor force participation rate:
 | 41.90 % of population |
Labor force - by occupation:
 | agriculture/fishing/forestry/mining 4%, manufacturing 3%, construction 18%, transportation and utilities 10%, commerce 36%, services 29% (2000 est.) |
Unemployment rate:
 | 8% (2002) |
Budget:
 | revenues: $22.8 million expenditures: $22.5 million (2000 est.) |
Budget revenues per capita:
 | 1,580 USD per capita |
Public debt:
 | void |
Industries:
 | tourism, boat building, offshore financial services |
Industrial production growth rate:
 | void |
Electricity - production:
 | NA kWh |
Electricity - production per capita:
 | void |
Electricity - consumption:
 | void |
Electricity - consumption - per capita:
 | void |
Electricity - exports:
 | void |
Electricity - imports:
 | void |
Oil - production:
 | void |
Oil - production per capita:
 | void |
Oil - consumption:
 | void |
Oil - consumption - per capita:
 | void |
Oil - exports:
 | void |
Oil - imports:
 | void |
Oil - proved reserves:
 | void |
Natural gas - production:
 | void |
Natural gas - production per capita:
 | void |
Natural gas - consumption:
 | void |
Natural gas - consumption - per capita:
 | void |
Natural gas - exports:
 | void |
Natural gas - imports:
 | void |
Natural gas - proved reserves:
 | void |
Agriculture - products:
 | small quantities of tobacco, vegetables; cattle raising |
Current account balance:
 | -$42.87 million (2003 est.) |
Current account balance - per capita:
 | -2,969 USD per capita |
Exports:
 | $13 million (2006) |
Exports per capita:
 | 901 USD per capita |
Exports - commodities:
 | lobster, fish, livestock, salt, concrete blocks, rum |
Exports - partners:
 | void |
Imports:
 | $143 million (2006) |
Imports per capita:
 | 9,906 USD per capita |
Imports - commodities:
 | fuels, foodstuffs, manufactures, chemicals, trucks, textiles |
Imports - partners:
 | void |
Reserves of foreign exchange and gold:
 | void |
Reserves of foreign exchange and gold - per capita:
 | void |
Debt - external:
 | $8.8 million (1998) |
Debt - external - per capita:
 | 610 USD per capita |
Stock of direct foreign investment - at home:
 | void |
Stock of direct foreign investment - at home - per capita:
 | void |
Stock of direct foreign investment - abroad:
 | void |
Stock of direct foreign investment - abroad - per capita:
 | void |
Market value of publicly traded shares:
 | void |
Market value of publicly traded shares - per capita:
 | void |
Economic aid - donor:
 | void |
Economic aid - recipient:
 | $9 million (2004 est.) |
Economic aid - recipient per capita:
 | 624 USD per capita |
Currency (code):
 | East Caribbean dollar (XCD) |
Exchange rates:
 | East Caribbean dollars (XCD) per US dollar - 2.7 (2007), 2.7 (2006), 2.7 (2005), 2.7 (2004), 2.7 (2003) note: fixed rate since 1976 |
Fiscal year:
 | 1 April - 31 March |
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