ECLAC (associate)
Diplomatic representation in the US:
none (overseas territory of the UK)
Diplomatic representation from the US:
none (overseas territory of the UK)
Flag description:
blue, with the flag of the UK in the upper hoist-side quadrant and
the Anguillan coat of arms centered in the outer half of the flag;
the coat of arms depicts three orange dolphins in an interlocking
circular design on a white background with blue wavy water below
Economy Anguilla
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, which has spurred the growth of the construction sector,
has contributed 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 - $104 million (2001 est.)
GDP - real growth rate:
2.8% (2001 est.)
GDP - per capita:
purchasing power parity - $8,600 (2001 est.)
GDP - composition by sector: agriculture: 4% industry: 18% services: 78% (1997 est.)
Population below poverty line:
NA%
Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices):
2.3%
Labor force:
6,049 (2001)
Labor force - by occupation: commerce 36%, services 29%, construction 18%, transportation and utilities 10%, manufacturing 3%, agriculture/fishing/forestry/mining 4% (2000 est,)
Unemployment rate:
6.7% (2001)
Budget:
revenues: $22.8 million
expenditures: $22.5 million, including capital expenditures of NA
(2000 est.)
Industries:
tourism, boat building, offshore financial services
Industrial production growth rate:
3.1% (1997 est.)
Electricity - production:
NA (2000)
Electricity - production by source:
fossil fuel: NA%
hydro: NA%
other: NA%
nuclear: NA%
Electricity - consumption:
42.6 million kWh
Agriculture - products:
small quantities of tobacco, vegetables; cattle raising
Exports:
$2.6 million (1999)
Exports - commodities:
lobster, fish, livestock, salt, concrete blocks, rum
Exports - partners:
UK, US, Puerto Rico, Saint-Martin (2000)
Imports:
$80.9 million (1999)
Imports - commodities:
fuels, foodstuffs, manufactures, chemicals, trucks, textiles
Imports - partners:
US, Puerto Rico, UK (2000)
Debt - external:
$8.8 million (1998)
Economic aid - recipient:
$3.5 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:
1 April - 31 March
Communications Anguilla
Telephones - main lines in use:
4,974 (2000)
Telephones - mobile cellular:
1,629 (2000)
Telephone system:
general assessment: NA
domestic: modern internal telephone system
international: microwave radio relay to island of Saint Martin
(Guadeloupe and Netherlands Antilles)
Radio broadcast stations:
AM 5, FM 6, shortwave 1 (1998)
Radios:
3,000 (1997)
Television broadcast stations:
1 (1997)
Televisions:
1,000 (1997)
Internet country code:
.ai
Internet Service Providers (ISPs):
16 (2000)
Internet users:
919 (2000)
Transportation Anguilla
Railways: 0 km
Highways: total: 105 km paved: 65 km unpaved: 40 km (1997)
Waterways:
none
Ports and harbors:
Blowing Point, Road Bay
Merchant marine:
none (2002 est.)
Airports:
3 (2002)
Airports - with paved runways:
total: 1
914 to 1,523 m: 1 (2002)
Airports - with unpaved runways:
total: 2
under 914 m: 2 (2002)
Military Anguilla
Military - note: defense is the responsibility of the UK
Transnational Issues Anguilla
Disputes - international:
none
Illicit drugs:
transshipment point for South American narcotics destined for the
US and Europe