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een in use since 30 May 1990 @Anguilla, Economy Overview: Anguilla has few natural resources, and the economy depends heavily on lobster fishing, offshore banking, tourism, and remittances from emigrants. In recent years the economy has benefited from a boom in tourism and construction. Development plans center around the improvement of the infrastructure, particularly transport and tourist facilities, and also light industry. National product: GDP - exchange rate conversion - $56.5 million (1992 est.) National product real growth rate: 7.5% (1992 est.) National product per capita: $6,800 (1991 est.) Inflation rate (consumer prices): 3% (1992 est.) Unemployment rate: 5% (1988 est.) Budget: revenues: $13.8 million expenditures: $15.2 million, including capital expenditures of $2.4 million (1992 est.) Exports: $556,000 (f.o.b., 1992) commodities: lobster and salt partners: NA Imports: $33.5 million (f.o.b., 1992) commodities: NA partners: NA External debt: $NA Industrial production: growth rate NA% Electricity: capacity: 2,000 kW production: 6 million kWh consumption per capita: 862 kWh (1992) Industries: tourism, boat building, salt Agriculture: pigeon peas, corn, sweet potatoes, sheep, goats, pigs, cattle, poultry, fishing (including lobster) Economic aid: recipient: Western (non-US) countries, ODA and OOF bilateral commitments (1970-89), $38 million Currency: 1 EC dollar (EC$) = 100 cents Exchange rates: East Caribbean dollars (EC$) per US$1 - 2.70 (fixed rate since 1976) Fiscal year: NA @Anguilla, Communications Highways: total: NA paved: 60 km unpaved: NA Ports: Road Bay, Blowing Point Airports: total: 3 usable: 2 with permanent-surface runways: 1 (1,000 m at Wallblake Airport) with runways over 3,659 m: 0 with runways 2,440-3,659 m: 0 with runways 1,220-2,439 m: 0 Telecommunications: modern internal telephone system; 890 telephones; broadcast stations - 3 AM, 1 FM, no TV; radio relay microwave link to island of Saint Martin @Anguilla, Defense Forces Note: defense is the responsibility of the UK @Antarctica, Geography Location: continent mostly south of the Antarctic Circle Map references: Antarctic Region Area: total area: 14 million sq km (est.) land area: 14 million sq km (est.) comparative area: slightly less than 1.5 times
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