dependent on sugarcane cultivation and related activities, but
production in recent years has diversified into manufacturing and
tourism. The start of the Port Charles Marina project in
Speightstown helped the tourism industry continue to expand in
1996-2000. Offshore finance and information services are important
foreign exchange earners, and there is also a light manufacturing
sector. The government continues its efforts to reduce unemployment,
encourage direct foreign investment, and privatize remaining
state-owned enterprises. Growth should remain steady in 2001, with
new tourist facilities a plus factor.

GDP: purchasing power parity - $4 billion (2000 est.)

GDP - real growth rate: 2.8% (2000 est.)

GDP - per capita: purchasing power parity - $14,500 (2000 est.)

GDP - composition by sector: agriculture: 4%

industry: 16%

services: 80% (1998)

Population below poverty line: NA%

Household income or consumption by percentage share: lowest 10%: NA%

highest 10%: NA%

Inflation rate (consumer prices): 2% (2000 est.)

Labor force: 136,000 (1998 est.)

Labor force - by occupation: services 75%, industry 15%, agriculture
10% (1996 est.)

Unemployment rate: 11% (1999 est.)

Budget: revenues: $725.5 million

expenditures: $750.6 million, including capital expenditures of
$126.3 million (FY97/98 est.)

Industries: tourism, sugar, light manufacturing, component assembly
for export

Industrial production growth rate: 0.8% (1996)

Electricity - production: 718 million kWh (1999)

Electricity - production by source: fossil fuel: 100%

hydro: 0%

nuclear: 0%

other: 0% (1999)

Electricity - consumption: 667.7 million kWh (1999)

Electricity - exports: 0 kWh (1999)

Electricity - imports: 0 kWh (1999)

Agriculture - products: sugarcane, vegetables, cotton

Exports: $260 million (2000 est.)

Exports - commodities: sugar and molasses, rum, other foods and
beverages, chemicals, electrical components, clothing

Exports - partners: UK 14.8%, US 11.6%, Trinidad and Tobago 7.6%,
Venezuela 6.1%, Jamaica 5.8% (1998)

Imports: $800.3 million (2000 est.)

Imports - commodities: consumer goods, machinery, foodstuffs,
construction materials, chemicals, fuel, electrical components

Imports - partners: US 30.7%, Trinidad and Tobago 10.2%, Japan 8.3%,
UK 7.7%, Canada 2.2% (1998)

Debt - external: $425 million (2000 est.)

Economic aid - recipient: $9.1 million (1995)

Currency: Barba