h assembly. One of the world's
largest petroleum refineries is at Saint Croix. The agricultural
sector is small, with most food being imported. International
business and financial services are small but growing components of
the economy. The islands are vulnerable to substantial damage from
storms. The government is working to improve fiscal discipline, to
support construction projects in the private sector, to expand
tourist facilities, to reduce crime, and to protect the environment.
GDP (purchasing power parity):
$1.577 billion (2004 est.)
GDP (official exchange rate):
NA
GDP - real growth rate:
2% (2002 est.)
GDP - per capita (PPP):
$14,500 (2004 est.)
GDP - composition by sector:
agriculture: 1%
industry: 19%
services: 80% (2003 est.)
Labor force:
43,980 (2004 est.)
Labor force - by occupation:
agriculture: 1%
industry: 19%
services: 80% (2003 est.)
Unemployment rate:
6.2% (2004)
Population below poverty line:
NA%
Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices):
2.2% (2003)
Budget:
revenues: $NA
expenditures: $NA
Agriculture - products:
fruit, vegetables, sorghum; Senepol cattle
Industries:
tourism, petroleum refining, watch assembly, rum distilling,
construction, pharmaceuticals, textiles, electronics
Industrial production growth rate:
NA%
Electricity - production:
980 million kWh (2004)
Electricity - production by source:
fossil fuel: 100%
hydro: 0%
nuclear: 0%
other: 0% (2001)
Electricity - consumption:
911.4 million kWh (2004)
Electricity - exports:
0 kWh (2004)
Electricity - imports:
0 kWh (2004)
Oil - production:
17,110 bbl/day (2004 est.)
Oil - consumption:
115,000 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.)
Exports:
$4.234 billion (2001)
Exports - commodities:
refined petroleum products
Exports - partners:
US, Puerto Rico (2004)
Imports:
$4.609 billion (2001)
Imports - commodities:
crude oil, foodstuffs, consumer goods, building materials
Imports - partners:
US, Puerto Rico (2004)
Debt - external:
$NA
Economic aid - recipient:
$NA
Currency (code):
US dollar (USD)
Currency code:
US
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