202) 686-5740
consulate(s) general: New York

Diplomatic representation from the US:
the US does not have an embassy in Saint Kitts and Nevis; the US
Ambassador to Barbados, Ambassador Mary E. KRAMER, is accredited to
Saint Kitts and Nevis

Flag description:
divided diagonally from the lower hoist side by a broad black band
bearing two white, five-pointed stars; the black band is edged in
yellow; the upper triangle is green, the lower triangle is red

Economy Saint Kitts and Nevis

Economy - overview:
Sugar was the traditional mainstay of the Saint Kitts economy until
the 1970s. Although the crop still dominates the agricultural
sector, activities such as tourism, export-oriented manufacturing,
and offshore banking have assumed larger roles in the economy. As
tourism revenues are now the chief source of the islands' foreign
exchange, a decline in stopover tourist arrivals following the 11
September 2001 terrorist attacks has eroded government finances. The
opening of a 1,000+ bed Marriott hotel in February 2003 was expected
to bring in much-needed revenue.

GDP:
purchasing power parity - $339 million (2002 est.)

GDP - real growth rate:
-1.9% (2002 est.)

GDP - per capita:
purchasing power parity - $8,800 (2002 est.)

GDP - composition by sector:
agriculture: 3.5%
industry: 25.8%
services: 70.7% (2001)

Population below poverty line:
NA

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

Inflation rate (consumer prices):
1.7% (2001 est.)

Labor force:
18,170 (June 1995)

Labor force - by occupation:
NA

Unemployment rate:
4.5% (1997)

Budget:
revenues: $89.7 million
expenditures: $128.2 million, including capital expenditures of
$19.5 million (2003 est.)

Agriculture - products:
sugarcane, rice, yams, vegetables, bananas; fish

Industries:
sugar processing, tourism, cotton, salt, copra, clothing, footwear,
beverages

Industrial production growth rate:
NA

Electricity - production:
100.3 million kWh (2001)

Electricity - consumption:
93.26 million kWh (2001)

Electricity - exports:
0 kWh (2001)

Electricity - imports:
0 kWh (2001)

Oil - production:
0 bbl/day (2001 est.)

Oil - consumption:
710 bbl/day (2001 est.)

Oil - exports:
NA (2001)

Oil - imports:
NA (2001)

Exports:
$70 million (2002 est.)

Exports - commodities:
machinery