nt:
Chief Minister Reuben T. MEADE (since October 1991)
Political parties and leaders:
National Progressive Party (NPP) Reuben T. MEADE; People's Liberation
Movement (PLM), Noel TUITT; National Development Party (NDP), Bertrand
OSBORNE; Independent (IND), Ruby BRAMBLE
Suffrage:
universal at age 18
Elections:
Legislative Council:
last held on 8 October 1991; results - percent of vote by party NA; seats -
(11 total, 7 elected) NPP 4, NDP 1, PLM 1, independent 1
Member of:
CARICOM, CDB, ECLAC (associate), ICFTU, OECS, WCL
Diplomatic representation:
none (dependent territory of the UK)
Flag:
blue with the flag of the UK in the upper hoist-side quadrant and the
Montserratian coat of arms centered in the outer half of the flag; the coat
of arms features a woman standing beside a yellow harp with her arm around a
black cross
:Montserrat Economy
Overview:
The economy is small and open with economic activity centered on tourism and
construction. Tourism is the most important sector and accounted for 20% of
GDP in 1986. Agriculture accounted for about 4% of GDP and industry 10%. The
economy is heavily dependent on imports, making it vulnerable to
fluctuations in world prices. Exports consist mainly of electronic parts
sold to the US.
GDP:
exchange rate conversion - $54.2 million, per capita $4,500 (1988); real
growth rate 10% (1990 est.)
Inflation rate (consumer prices):
6.8% (1990)
Unemployment rate:
3.0% (1987)
Budget:
revenues $12.1 million; expenditures $14.3 million, including capital
expenditures of $3.2 million (1988)
Exports:
$2.3 million (f.o.b., 1988 est.)
commodities:
electronic parts, plastic bags, apparel, hot peppers, live plants, cattle
partners:
NA
Imports:
$30 million (c.i.f., 1988 est.)
commodities:
machinery and transportation equipment, foodstuffs, manufactured goods,
fuels, lubricants, and related materials
partners:
NA
External debt:
$2.05 million (1987)
Industrial production:
growth rate 8.1% (1986); accounts for 10% of GDP
Electricity:
5,271 kW capacity; 12 million kWh produced, 960 kWh per capita (1991)
Industries:
tourism; light manufacturing - rum, textiles, electronic appliances
Agriculture:
accounts for 4% of GDP; small-scale farming; food crops - tomatoes, onions,
peppers; not self-sufficient in food, especially
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