into
the Caricom Single Market and Economy (CSME) in January 2006 will
broaden the country's export market, primarily in the raw materials
sector.
GDP (purchasing power parity):
$3.62 billion (2006 est.)
GDP (official exchange rate):
$826.6 million (2006 est.)
GDP - real growth rate:
3.2% (2006 est.)
GDP - per capita (PPP):
$4,700 (2006 est.)
GDP - composition by sector:
agriculture: 35.5%
industry: 19.3%
services: 45.2% (2006 est.)
Labor force:
418,000 (2001 est.)
Labor force - by occupation:
agriculture: NA%
industry: NA%
services: NA%
Unemployment rate:
9.1% (understated) (2000)
Population below poverty line:
NA%
Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices):
6% (2006 est.)
Investment (gross fixed):
31.5% of GDP (2006 est.)
Budget:
revenues: $359.9 million
expenditures: $430.3 million; including capital expenditures of
$93.4 million (2006 est.)
Agriculture - products:
sugarcane, rice, wheat, vegetable oils; beef, pork, poultry, dairy
products; fish, shrimp
Industries:
bauxite, sugar, rice milling, timber, textiles, gold mining
Industrial production growth rate:
NA%
Electricity - production:
818.8 million kWh (2004)
Electricity - production by source:
fossil fuel: 99.4%
hydro: 0.6%
nuclear: 0%
other: 0% (2001)
Electricity - consumption:
761.5 million kWh (2004)
Electricity - exports:
0 kWh (2004)
Electricity - imports:
0 kWh (2004)
Oil - production:
0 bbl/day (2004 est.)
Oil - consumption:
11,200 bbl/day (2004 est.)
Oil - exports:
NA bbl/day (2001)
Oil - imports:
NA bbl/day (2001)
Natural gas - production:
0 cu m (2004 est.)
Natural gas - consumption:
0 cu m (2004 est.)
Current account balance:
$-84.3 million (2006 est.)
Exports:
$621.6 million f.o.b. (2006 est.)
Exports - commodities:
sugar, gold, bauxite/alumina, rice, shrimp, molasses, rum, timber
Exports - partners:
Canada 18.9%, US 18.9%, UK 11.8%, Portugal 8.1%, Jamaica 5.3%,
Trinidad and Tobago 4.2% (2005)
Imports:
$706.9 million f.o.b. (2006 est.)
Imports - commodities:
manufactures, machinery, petroleum, food
Imports - partners:
US 26.7%, Trinidad and Tobago 23.9%, Cuba 6.6%, UK 5%, China 4.1%
(2005)
Reserves of foreign exchange and gold:
$294.9 million (2006 est.)
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