NA; Anguilla Progressive Party or APP [Roy ROGERS];
Anguilla Strategic Alternative or ANSA [Edison BAIRD]
Political pressure groups and leaders:
NA
International organization participation:
Caricom (associate), CDB, Interpol (subbureau), OECS (associate),
UPU
Diplomatic representation in the US:
none (overseas territory of the UK)
Diplomatic representation from the US:
none (overseas territory of the UK)
Flag description:
blue, with the flag of the UK in the upper hoist-side quadrant and
the Anguillan coat of arms centered in the outer half of the flag;
the coat of arms depicts three orange dolphins in an interlocking
circular design on a white background with blue wavy water below
Economy Anguilla
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, which has spurred the growth of the construction sector,
has contributed 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):
$112 million (2002 est.)
GDP - real growth rate:
2.8% (2001 est.)
GDP - per capita:
purchasing power parity - $7,500 (2002 est.)
GDP - composition by sector:
agriculture: 4%
industry: 18%
services: 78% (2002 est.)
Labor force:
6,049 (2001)
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)
Population below poverty line:
23% (2002)
Household income or consumption by percentage share:
lowest 10%: NA
highest 10%: NA
Inflation rate (consumer prices):
2.3%
Budget:
revenues: $22.8 million
expenditures: $22.5 million, including capital expenditures of NA
(2000 est.)
Agriculture - products:
small quantities of tobacco, vegetables; cattle raising
Industries:
tourism, boat building, offshore financial services
Industrial production growth rate:
3.1% (1997 est.)
Electricity -
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