nment spending in 2002. Grenada relies on tourism as its main
source of foreign exchange, although it also supports a small agriculture
sector and a developing offshore financial industry. Short-term concerns
include a rising fiscal deficit and the deterioration in the external
account balance.

GDP: purchasing power parity - $424 million (2001 est.)

GDP - real growth rate: 6.5% (2001 est.)

GDP - per capita: purchasing power parity - $4,750 (2001 est.)

GDP - composition by sector: agriculture: 7.7% industry: 23.9% services:
68.4% (2000)

Population below poverty line: NA%

Household income or consumption by percentage share: lowest 10%: NA%
highest 10%: NA%

Inflation rate (consumer prices): 2.8% (2001 est.)

Labor force: 42,300 (1996)

Labor force - by occupation: services 62%, agriculture 24%, industry 14%
(1999 est.)

Unemployment rate: 11.5% (1999)

Budget: revenues: $85.8 million expenditures: $102.1 million, including
capital expenditures of $28 million (1997)

Industries: food and beverages, textiles, light assembly operations,
tourism, construction

Industrial production growth rate: 0.7% (1997 est.)

Electricity - production: 110 million kWh (2000)

Electricity - production by source: fossil fuel: 100% hydro: 0% other: 0%
(2000) nuclear: 0%

Electricity - consumption: 102.3 million kWh (2000)

Electricity - exports: 0 kWh (2000)

Electricity - imports: 0 kWh (2000)

Agriculture - products: bananas, cocoa, nutmeg, mace, citrus, avocados,
root crops, sugarcane, corn, vegetables

Exports: $78 million (2000 est.)

Exports - commodities: bananas, cocoa, nutmeg, fruit and vegetables,
clothing, mace

Exports - partners: Caricom 32.3%, UK 20%, US 13%, Netherlands 8.8%
(1991)

Imports: $270 million (2000 est.)

Imports - commodities: food, manufactured goods, machinery, chemicals,
fuel (1989)

Imports - partners: US 31.2%, Caricom 23.6%, UK 13.8%, Japan 7.1% (1991)

Debt - external: $196 million (2000)

Economic aid - recipient: $8.3 million (1995)

Currency: East Caribbean dollar (XCD)

Currency code: XCD

Exchange rates: East Caribbean dollars per US dollar - 2.7000 (fixed
rate since 1976)

Fiscal year: calendar year

Communications Grenada

Telephones - main lines in use: 27,000 (1997)

Telephones - mobile cellular: 976 (1997)

Telephone system: automatic, islandwide telephone system domestic:
radiotelephone links to Trinidad and T