focused on the domestic market and constrained by a limited water
supply and a labor shortage stemming from the lure of higher wages
in tourism and construction. Manufacturing comprises enclave-type
assembly for export with major products being bedding, handicrafts,
and electronic components. Prospects for economic growth in the
medium term will continue to depend on income growth in the
industrialized world, especially in the US, which accounts for
slightly more than one-third of tourist arrivals.
GDP:
purchasing power parity - $750 million (2002 est.)
GDP - real growth rate:
3% (2002 est.)
GDP - per capita:
purchasing power parity - $11,000 (2002 est.)
GDP - composition by sector: agriculture: 3.9% industry: 19.2% services: 76.8% (2002)
Population below poverty line:
NA
Household income or consumption by percentage share:
lowest 10%: NA
highest 10%: NA
Inflation rate (consumer prices):
0.4% (2000 est.)
Labor force:
30,000
Labor force - by occupation:
agriculture 7%, industry 11%, services 82% (1983)
Unemployment rate:
11% (2001 est.)
Budget:
revenues: $123.7 million
expenditures: $145.9 million, including capital expenditures of NA
(2000 est.)
Agriculture - products:
cotton, fruits, vegetables, bananas, coconuts, cucumbers, mangoes,
sugarcane; livestock
Industries:
tourism, construction, light manufacturing (clothing, alcohol,
household appliances)
Industrial production growth rate:
6% (1997 est.)
Electricity - production:
105.3 million kWh (2001)
Electricity - consumption:
97.89 million kWh (2001)
Electricity - exports:
0 kWh (2001)
Electricity - imports:
0 kWh (2001)
Oil - production:
0 bbl/day (2001 est.)
Oil - consumption:
3,600 bbl/day (2001 est.)
Oil - exports:
NA (2001)
Oil - imports:
NA (2001)
Exports:
$689 million (2002)
Exports - commodities:
petroleum products 48%, manufactures 23%, machinery and transport
equipment 17%, food and live animals 4%, other 8%
Exports - partners:
Germany 84.9%, UK 3.8%, US 3.3% (2003)
Imports:
$692 million (2002 est.)
Imports - commodities:
food and live animals, machinery and transport equipment,
manufactures, chemicals, oil
Imports - partners:
US 26.5%, Singapore 10%, Poland 7%, Germany 6.1%, UK 6.1%, Trinidad
and Tobago 4.4% (2003)
Debt - external:
$231 million (1999)
Economic aid - recipient:
$2.3 million (1995)
Currency:
East Caribbean dollar (XCD)
Currency code:
XCD
Exchange rates:
East Caribbean dollars per US dollar - 2.7 (2003), 2.7 (2002), 2.7
(2001), 2.7 (2000), 2.7 (1999), 2.7 (1998) (fixed rate since 1976)
Fiscal year:
1 April - 31 March
Communications Antigua and Barbuda
Telephones - main lines in use:
38,000 (2002)
Telephones - mobile cellular:
38,200 (2002)
Telephone system:
general assessment: NA
domestic: good automatic telephone system
international: country code - 1–268; 1 coaxial submarine cable;
satellite earth station - 1 Intelsat (Atlantic Ocean); tropospheric
scatter to Saba (Netherlands Antilles) and Guadeloupe
Radio broadcast stations:
AM 4, FM 2, shortwave 0 (1998)
Radios:
36,000 (1997)
Television broadcast stations:
2 (1997)
Televisions:
31,000 (1997)
Internet country code:
.ag
Internet hosts:
1,665 (2003)
Internet Service Providers (ISPs):
16 (2000)
Internet users:
10,000 (2002)
Transportation Antigua and Barbuda
Highways:
total: 250 km (1999 est.)
Ports and harbors:
Saint John's
Merchant marine:
total: 867 ships (1,000 GRT or over) 5,873,626 GRT/7,683,143 DWT
by type: bulk 25, cargo 477, chemical tanker 13, container 284,
liquefied gas 10, multi-functional large load carrier 15,
refrigerated cargo 10, roll on/roll off 32, vehicle carrier 1
registered in other countries: 2 (2004 est.)
foreign-owned: Australia 1, Bahamas 1, Bangladesh 2, Belgium 3,
Colombia 1, Cuba 1, Cyprus 1, Estonia 3, France 1, Germany 818,
Greece 2, Iceland 5, Latvia 1, Lebanon 1, Lithuania 2, Malaysia 1,
Netherlands 19, New Zealand 1, Norway 2, Portugal 1, Slovenia 5,
Sweden 2, Switzerland 5, Turkey 3, United States 10
Airports:
3 (2003 est.)
Airports - with paved runways:
total: 2
2,438 to 3,047 m: 1
under 914 m: 1 (2004 est.)
Airports