W, Washington DC 20008;
telephone (202) 362-5211 or 5166, 5122, 5225; there is an Antiguan Consulate
in Miami;
US--the US Ambassador to Barbados is accredited to Antigua and Barbuda,
and in his absence, the Embassy is headed by Charge d'Affaires
Roger R. GAMBLE; Embassy at Queen Elizabeth Highway, Saint John's
(mailing address is FPO Miami 34054); telephone (809) 462-3505 or 3506
Flag: red with an inverted isosceles triangle based on the top edge of the
flag; the triangle contains three horizontal bands of black (top), light blue,
and white with a yellow rising sun in the black band
- Economy
Overview: The economy is primarily service oriented, with tourism the
most important determinant of economic performance. During the period
1983-87, real GDP expanded at an annual average rate of 8%. Tourism's
contribution to GDP, as measured by value added in hotels and restaurants, rose
from about 14% in 1983 to 17% in 1987, and stimulated growth in other
sectors--particularly in construction, communications, and public utilities.
During the same period the combined share of agriculture and manufacturing
declined from 12% to less than 10%. Antigua and Barbuda is one of the few areas
in the Caribbean experiencing a labor shortage in some sectors of the economy.
GDP: $353.5 million, per capita $5,550; real growth rate 6.2% (1989 est.)
Inflation rate (consumer prices): 7.1% (1988 est.)
Unemployment rate: 5.0% (1988 est.)
Budget: revenues $77 million; expenditures $81 million,
including capital expenditures of $13 million (1988 est.)
Exports: $30.4 million (f.o.b., 1988 est.);
commodities--petroleum products 46%, manufactures 29%, food and live
animals 14%, machinery and transport equipment 11%; partners--Trinidad
and Tobago 40%, Barbados 8%, US 0.3%
Imports: $302.1 million (c.i.f., 1988 est.); commodities--food and
live animals, machinery and transport equipment, manufactures, chemicals,
oil; partners--US 27%, UK 14%, CARICOM 7%, Canada 4%, other 48%
External debt: $245.4 million (1987)
Industrial production: growth rate 10% (1987)
Electricity: 49,000 kW capacity; 90 million kWh produced, 1,410 kWh
per capita (1989)
Industries: tourism, construction, light manufacturing (clothing,
alcohol, household appliances)
Agriculture: accounts for 4% of GDP; expanding output of cotton,
fruits, vegetables, and livestock sector; other crops--bananas, coconuts,
cucumbers, mangoes; not self-sufficient in food
Aid: W
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