Overview: Anguilla has few natural resources, and the economy depends heavily on lobster fishing, offshore banking, tourism, and remittances from emigrants. In recent years the economy has benefited from a boom in tourism and construction. Development plans center around the improvement of the infrastructure, particularly transport and tourist facilities, and also light industry.

National product: GDP - exchange rate conversion - $56.5 million (1992 est.)

National product real growth rate: 7.5% (1992 est.)

National product per capita: $6,800 (1991 est.)

Inflation rate (consumer prices): 3% (1992 est.)

Unemployment rate: 5% (1988 est.)

Budget:
revenues: $13.8 million
expenditures: $15.2 million, including capital expenditures of $2.4 million (1992 est.)

Exports: $556,000 (f.o.b., 1992)
commodities: lobster and salt
partners: NA

Imports: $33.5 million (f.o.b., 1992)
commodities: NA
partners: NA

External debt: $NA

Industrial production: growth rate NA%

Electricity:
capacity: 2,000 kW
production: 6 million kWh
consumption per capita: 862 kWh (1992)

Industries: tourism, boat building, salt

Agriculture: pigeon peas, corn, sweet potatoes, sheep, goats, pigs, cattle, poultry, fishing (including lobster)

Economic aid:
recipient: Western (non-US) countries, ODA and OOF bilateral commitments (1970-89), $38 million

Currency: 1 EC dollar (EC$) = 100 cents
Exchange rates: East Caribbean dollars (EC$) per US$1 - 2.70 (fixed rate since 1976)

Fiscal year: NA

NOTE: The information regarding Anguilla on this page is re-published from the 1995 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Anguilla Economy 1995 information contained here. All suggestions for corrections of any errors about Anguilla Economy 1995 should be addressed to the CIA.