Compare Saint Lucia (2008) - Saint Lucia (2007)

Compare Saint Lucia (2008) z Saint Lucia (2007)

Show all fields

	Saint Lucia (2008)	Saint Lucia (2007)

Economy - overview	The island nation has been able to attract foreign business and investment, especially in its offshore banking and tourism industries, with a surge in foreign direct investment in 2006, attributed to the construction of several tourism projects. Tourism is the main source of foreign exchange, with more than 700,000 arrivals in 2005. The manufacturing sector is the most diverse in the Eastern Caribbean area, and the government is trying to revitalize the banana industry. Saint Lucia is vulnerable to a variety of external shocks including declines in European Union banana preferences, volatile tourism receipts, natural disasters, and dependence on foreign oil. High debt servicing obligations constrain the KING administration's ability to respond to adverse external shocks. Economic fundamentals remain solid, even though unemployment needs to be reduced.	Changes in the EU import preference regime and the increased competition from Latin American bananas have made economic diversification increasingly important in Saint Lucia. The island nation has been able to attract foreign business and investment, especially in its offshore banking and tourism industries. Tourism is the main source of foreign exchange, with more than 700,000 arrivals in 2005. The manufacturing sector is the most diverse in the Eastern Caribbean area, and the government is trying to revitalize the banana industry. Economic fundamentals remain solid, even though unemployment needs to be cut.
Exchange rates	East Caribbean dollars per US dollar - NA (2007), 2.7 (2006), 2.7 (2005), 2.7 (2004), 2.7 (2003)	East Caribbean dollars per US dollar - 2.7 (2006), 2.7 (2005), 2.7 (2004), 2.7 (2003), 2.7 (2002)
Exports	0 bbl/day (2004)	NA bbl/day
Imports	2,678 bbl/day (2004)	NA bbl/day
Telephone system	general assessment: adequate system domestic: system is automatically switched international: country code - 1-758; the East Caribbean Fiber Optic System (ECFS) and Southern Caribbean fiber optic system (SCF) submarine cables, along with Intelsat from Martinique, carry calls internationally; direct microwave radio relay link with Martinique and Saint Vincent and the Grenadines; tropospheric scatter to Barbados	general assessment: adequate system domestic: system is automatically switched international: country code - 1-758; direct microwave radio relay link with Martinique and Saint Vincent and the Grenadines; tropospheric scatter to Barbados; international calls beyond these countries are carried by Intelsat from Martinique

Sitemap: Compare countries listing (map site) | Country listing (map site)
Links: Add to favorites | Information about this website | Stats | Polityka prywatnosci
This page was generated in ##czas## s. Size this page: ##rozmiar_strony## kB.