GDP (purchasing power parity):
$1.526 billion (2007 est.)
GDP (official exchange rate):
$1.089 billion (2007 est.)
GDP - real growth rate:
6.1% (2007 est.)
GDP - per capita (PPP):
$18,300 (2007 est.)
GDP - composition by sector:
agriculture: 3.8% industry: 22% services: 74.3% (2002 est.)
Labor force:
30,000 (1991)
Labor force - by occupation:
agriculture: 7% industry: 11% services: 82% (1983)
Unemployment rate:
11% (2001 est.)
Population below poverty line:
NA%
Household income or consumption by percentage share:
lowest 10%: NA% highest 10%: NA%
Budget:
revenues: $123.7 million expenditures: $145.9 million (2000 est.)
Fiscal year:
1 April - 31 March
Inflation rate (consumer prices):
1.5% (2007 est.)
Central bank discount rate:
6.5% (31 December 2007)
Commercial bank prime lending rate:
10.44% (31 December 2007)
Stock of money:
$294.8 million (31 December 2007)
Stock of quasi money:
$902 million (31 December 2007)
Stock of domestic credit:
$1.002 billion (31 December 2007)
Agriculture - products:
cotton, fruits, vegetables, bananas, coconuts, cucumbers, mangoes, sugarcane; livestock
Industries:
tourism, construction, light manufacturing (clothing, alcohol, household appliances)
Industrial production growth rate:
NA%
Electricity - production:
105 million kWh (2006 est.)
Electricity - consumption:
97.65 million kWh (2006 est.)
Electricity - exports:
0 kWh (2007 est.)
Electricity - imports:
0 kWh (2007 est.)
Electricity - production by source:
fossil fuel: 100% hydro: 0% nuclear: 0% other: 0% (2001)
Oil - production:
0 bbl/day (2007 est.)
Oil - consumption:
4,109 bbl/day (2006 est.)
Oil - exports:
157.7 bbl/day (2005)
Oil - imports:
4,556 bbl/day (2005)
Oil - proved reserves:
0 bbl (1 January 2006 est.)
Natural gas - production:
0 cu m (2007 est.)
Natural gas - consumption:
0 cu m (2007 est.)
Natural gas - exports:
0 cu m (2007 est.)
Natural gas - imports:
0 cu m (2007 est.)
Natural gas - proved reserves:
0 cu m (1 January 2006 est.)
Current account balance:
$-211 million (2007 est.)
Exports:
$84.3 million (2007 est.)
Exports - commodities:
petroleum products, bedding, handicrafts, electronic components, transport equipment, food and live animals
Exports - partners:
Spain 34%, Germany 20.7%, Italy 7.7%, Singapore 5.8%, UK 4.9% (2006)
Imports:
$522.8 million (2007 est.)
Imports - commodities:
food and live animals, machinery and transport equipment, manufactures, chemicals, oil
Imports - partners:
US 21.1%, China 16.4%, Germany 13.3%, Singapore 12.7%, Spain 6.5% (2006)
Economic aid - recipient:
$7.23 million (2005)
Debt - external:
$359.8 million (June 2006)
Currency (code):
East Caribbean dollar (XCD)
Currency code:
XCD
Exchange rates:
East Caribbean dollars (XCD) per US dollar - 2.7 (2007), 2.7 (2006), 2.7 (2005), 2.7 (2004), 2.7 (2003) note: fixed rate since 1976
Communications
Antigua and Barbuda
Telephones - main lines in use:
37,500 (2006)
Telephones - mobile cellular:
110,200 (2006)
Telephone system:
general assessment: NA domestic: good automatic telephone system international: country code - 1–268; landing point for the East Caribbean Fiber System (ECFS) submarine cable with links to 13 other islands in the eastern Caribbean extending from the British Virgin Islands to Trinidad; satellite earth stations - 2; tropospheric scatter to Saba (Netherlands Antilles) and Guadeloupe (2007)
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:
2,215