S: none (dependent territory of the
UK)

US diplomatic representation: none (dependent territory of the UK)

Flag: blue with the flag of the UK in the upper hoist-side
quadrant and the Montserratian coat of arms centered in the outer
half of the flag; the coat of arms features a woman standing beside
a yellow harp with her arm around a black cross

Economy
-------

Economic overview: The economy is small and open, with economic
activity centered on tourism and related services. Tourism accounts
for roughly one-quarter of Montserrat's national income. The
island's main export is electronic components which are mainly
shipped to the US. The agriculture sector is small; cabbages,
carrots, cucumbers, and onions are grown for the domestic market;
additionally, some hot peppers and live plants are exported to the
US and Europe. The threat of a volcanic eruption in late 1995 led to
the repeated evacuation of Montserrat's capital, Plymouth, and deep
ash from the volcano destroyed much of the yearend crops. As a
result, production in 1995 dropped precipitously. The likely slow
recovery of tourism and the continued danger of an eruption dim the
prospects for rapid recovery in 1996.

GDP: purchasing power parity - $55.6 million (1994 est.)

GDP real growth rate: 0.5% (1994 est.)

GDP per capita: $4,500 (1994 est.)

GDP composition by sector:
agriculture: 4.8%
industry: 18.4%
services: 76.8% (1990 est.)

Inflation rate (consumer prices): 9.6% (1994)

Labor force: 5,100
by occupation: community, social, and personal services 40.5%,
construction 13.5%, trade, restaurants, and hotels 12.3%,
manufacturing 10.5%, agriculture, forestry, and fishing 8.8%, other
14.4% (1983 est.)

Unemployment rate: NA%

Budget:
revenues: $15.7 million
expenditures: $15.6 million including capital expenditures of $NA
(1994)

Industries: tourism, rum, textiles, electronic appliances

Industrial production growth rate: NA%

Electricity:
capacity: 5,271 kW
production: 17 million kWh
consumption per capita: 1,106 kWh (1993)

Agriculture: tomatoes, onions, peppers; livestock products

Exports: $2.3 million (f.o.b., 1994)
commodities: electronic components, plastic bags, apparel, hot
peppers, live plants, cattle
partners: US, Ireland

Imports: $80.6 million (f.o.b., 1992)
commodities: machinery and transportation equipment, foodstuffs,
manufactured goods,