Compare Saint Vincent and the Grenadines (2008) - Saint Vincent and the Grenadines (2007)

Compare Saint Vincent and the Grenadines (2008) z Saint Vincent and the Grenadines (2007)

Show all fields

	Saint Vincent and the Grenadines (2008)	Saint Vincent and the Grenadines (2007)

Economy - overview	Economic growth slowed slightly in 2007 after reaching a 10 year high of nearly 7% in 2006, but is expected to remain robust, hinging upon seasonal variations in the agricultural and tourism sectors and a recent increase in construction activity. This lower-middle-income country is vulnerable to natural disasters - tropical storms wiped out substantial portions of crops in 1994, 1995, and 2002. In 2005, the islands had more than 160,000 tourist arrivals, mostly to the Grenadines. Saint Vincent is home to a small offshore banking sector and has moved to adopt international regulatory standards. The government's ability to invest in social programs and respond to external shocks is constrained by its high debt burden - 25 percent of current revenues are directed towards debt servicing.	Economic growth in this lower-middle-income country hinges upon seasonal variations in the agricultural and tourism sectors. Tropical storms wiped out substantial portions of crops in 1994, 1995, and 2002, and tourism in the Eastern Caribbean suffered low arrivals in the immediate aftermath of 11 September 2001. The islands had more than 160,000 tourist arrivals in 2005, mostly to the Grenadines. Saint Vincent is home to a small offshore banking sector and has moved to adopt international regulatory standards. Saint Vincent is also a producer of marijuana and is being used as a transshipment point for illegal narcotics from South America.
Exchange rates	East Caribbean dollars per US dollar - 2.7 (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
GDP - real growth rate	4.4% (2007 est.)	4.9% (2005 est.)
Imports	1,468 bbl/day (2004)	NA bbl/day
Telephone system	general assessment: adequate system domestic: islandwide, fully automatic telephone system; VHF/UHF radiotelephone from Saint Vincent to the other islands of the Grenadines; mobile-cellular teledensity about 75 telephones per 100 persons international: country code - 1-784; the East Caribbean Fiber Optic System (ECFS) and Southern Caribbean fiber optic system (SCF) submarine cables carry international calls; connectivity also provided by VHF/UHF radiotelephone from Saint Vincent to Barbados; SHF radiotelephone to Grenada and Saint Lucia; access to Intelsat earth station in Martinique through Saint Lucia	general assessment: adequate system domestic: islandwide, fully automatic telephone system; VHF/UHF radiotelephone from Saint Vincent to the other islands of the Grenadines international: country code - 1-784; VHF/UHF radiotelephone from Saint Vincent to Barbados; new SHF radiotelephone to Grenada and to Saint Lucia; access to Intelsat earth station in Martinique through Saint Lucia

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.