ance into the Caricom Single Market and Economy (CSME) in
January 2006 will broaden the country's export market, primarily in
the raw materials sector.
GDP (purchasing power parity):
$2.819 billion (2007 est.)
GDP (official exchange rate):
$1.039 billion (2007 est.)
GDP - real growth rate:
5.3% (2007 est.)
GDP - per capita (PPP):
$3,700 (2007 est.)
GDP - composition by sector:
agriculture: 31.1%
industry: 21.7%
services: 47.1% (2007 est.)
Labor force:
418,000 (2001 est.)
Labor force - by occupation:
agriculture: NA%
industry: NA%
services: NA%
Unemployment rate:
9.1% (understated) (2000)
Population below poverty line:
NA%
Household income or consumption by percentage share:
lowest 10%: 1.3%
highest 10%: 33.8% (1999)
Distribution of family income - Gini index:
43.2 (1999)
Investment (gross fixed):
34.9% of GDP (2007 est.)
Budget:
revenues: $446.2 million
expenditures: $531.2 million (2007 est.)
Fiscal year:
calendar year
Inflation rate (consumer prices):
12.3% (2007 est.)
Central bank discount rate:
6.5% (31 December 2007)
Commercial bank prime lending rate:
14.61% (31 December 2007)
Stock of money:
$315.2 million (31 December 2007)
Stock of quasi money:
$728.8 million (31 December 2007)
Stock of domestic credit:
$739.3 million (31 December 2007)
Agriculture - products:
sugarcane, rice, shrimp, fish, vegetable oils; beef, pork, poultry,
dairy products
Industries:
bauxite, sugar, rice milling, timber, textiles, gold mining
Industrial production growth rate:
-26.4% (2007 est.)
Electricity - production:
901 million kWh (2006 est.)
Electricity - consumption:
747 million kWh (2006 est.)
Electricity - exports:
0 kWh (2007 est.)
Electricity - imports:
0 kWh (2007 est.)
Electricity - production by source:
fossil fuel: 99.4%
hydro: 0.6%
nuclear: 0%
other: 0% (2001)
Oil - production:
0 bbl/day (2007 est.)
Oil - consumption:
10,440 bbl/day (2006 est.)
Oil - exports:
0 bbl/day (2005)
Oil - imports:
10,960 bbl/day (2005)
Oil - proved reserves:
0 bbl (1 January 2006 est.)
Natural gas - production:
0 cu m (2007 est.)
Natural gas - consumption:
0 cu m (2007 est.)
Natural gas - exports:
0 cu m (2007 est.)
Natural gas - imports:
0 cu m (2007 est.)
Natural gas - proved
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