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Anguilla Economy 2016
https://theodora.com/wfbcurrent/anguilla/anguilla_economy.html
SOURCE: 2016 CIA WORLD FACTBOOK AND OTHER SOURCES


















Anguilla Economy 2016
SOURCE: 2016 CIA WORLD FACTBOOK AND OTHER SOURCES


Page last updated on June 23, 2014

Economy - overview:
Anguilla has few natural resources, and the economy depends heavily on luxury tourism, offshore banking, lobster fishing, and remittances from emigrants. Increased activity in the tourism industry has spurred the growth of the construction sector contributing to economic growth. Anguillan officials have put substantial effort into developing the offshore financial sector, which is small but growing. In the medium term, prospects for the economy will depend largely on the tourism sector and, therefore, on revived income growth in the industrialized nations as well as on favorable weather conditions.

GDP (purchasing power parity):
$175.4 million (2009 est.)
country comparison to the world: 221

$191.7 million (2008 est.)
$108.9 million (2004 est.)
[see also: GDP country ranks ]

GDP (official exchange rate):
$175.4 million (2009 est.)
[see also: GDP (official exchange rate) country ranks ]

GDP - real growth rate:
-8.5% (2009 est.)
country comparison to the world: 219
[see also: GDP - real growth rate country ranks ]

GDP - per capita:
$12,200 (2008 est.)
country comparison to the world: 104
[see also: GDP - per capita country ranks ]

GDP - composition, by end use:
household consumption: 74.5%
government consumption: 20.1%
investment in fixed capital: 22.1%
exports of goods and services: 43.7%
imports of goods and services: -60.4%

(2013 est.)

GDP - composition, by sector of origin:
agriculture: 2.5%
industry: 23.6%
services: 73.8% (2013 est.)

Agriculture - products:
small quantities of tobacco, vegetables; cattle raising

Industries:
tourism, boat building, offshore financial services

Industrial production growth rate:
2% (2013 est.)
country comparison to the world: 127
[see also: Industrial production growth rate country ranks ]

Labor force:
6,049 (2001)
country comparison to the world: 220
[see also: Labor force country ranks ]

Labor force - by occupation:
agriculture/fishing/forestry/mining: 4%
manufacturing: 3%
construction: 18%
transportation and utilities: 10%
commerce: 36%
services: 29% (2000 est.)

Unemployment rate:
8% (2002)
country comparison to the world: 89
[see also: Unemployment rate country ranks ]

Population below poverty line:
23% (2002)
[see also: Population below poverty line country ranks ]

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

Budget:
revenues: $69.52 million
expenditures: $78.37 million (2012 est.)

Taxes and other revenues:
39.6% of GDP (2012 est.)
country comparison to the world: 45
[see also: Taxes and other revenues country ranks ]

Budget surplus (+) or deficit (-):
-5% of GDP (2012 est.)
country comparison to the world: 166
[see also: Budget surplus (+) or deficit (-) country ranks ]

Public debt:
20% of GDP (2013 est.)
country comparison to the world: 135

21.7% of GDP (2012 est.)
[see also: Public debt country ranks ]

Fiscal year:
1 April - 31 March

Inflation rate (consumer prices):
3.1% (2013 est.)
country comparison to the world: 117

4.4% (2012 est.)
[see also: Inflation rate (consumer prices) country ranks ]

Central bank discount rate:
6.5% (31 December 2010 est.)
country comparison to the world: 55

6.5% (31 December 2009 est.)
[see also: Central bank discount rate country ranks ]

Commercial bank prime lending rate:
9.4% (31 December 2013 est.)
country comparison to the world: 93

9.38% (31 December 2012 est.)
[see also: Commercial bank prime lending rate country ranks ]

Stock of narrow money:
$16.89 million (31 December 2013 est.)
country comparison to the world: 189

NA% (31 December 2012 est.)
[see also: Stock of narrow money country ranks ]

Stock of broad money:
$384.4 million (31 December 2013 est.)
country comparison to the world: 183

$373.2 million (31 December 2012 est.)
[see also: Stock of broad money country ranks ]

Stock of domestic credit:
$498.1 million (31 December 2013 est.)
country comparison to the world: 167

$483.3 million (31 December 2012 est.)
[see also: Stock of domestic credit country ranks ]

Current account balance:
-$54.3 million (2013 est.)
country comparison to the world: 70

-$44.8 million (2012 est.)
[see also: Current account balance country ranks ]

Exports:
$12.2 million (2013 est.)
country comparison to the world: 211

$7.3 million (2012 est.)
[see also: Exports country ranks ]

Exports - commodities:
lobster, fish, livestock, salt, concrete blocks, rum

Imports:
$140.1 million (2013 est.)
country comparison to the world: 207

$129.3 million (2012 est.)
[see also: Imports country ranks ]

Imports - commodities:
fuels, foodstuffs, manufactures, chemicals, trucks, textiles

Debt - external:
$8.8 million (1998)
country comparison to the world: 198
[see also: Debt - external country ranks ]

Exchange rates:
East Caribbean dollars (XCD) per US dollar -

2.7 (2013 est.)
2.7 (2012 est.)
2.7 (2010 est.), 2.7 (2009)


NOTE: The information regarding Anguilla on this page is re-published from the 2016 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Anguilla Economy 2016 information contained here. All suggestions for corrections of any errors about Anguilla Economy 2016 should be addressed to the CIA.




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