Anguilla - Economy
How is the economy of Anguilla? Based on the information we have, Anguilla has a small, tourism-dependent, territorial-island economy; very high public debt; COVID-19 crippled economic activity; partial recovery underway via tourism, benefitting from its high amount of timeshare residences; considering reopening oil refinery. Key agricultural products in this country include: small quantities of tobacco, vegetables; cattle raising.
More about the economy of Anguilla
Labor force
Industrial production growth rate 4% (2017 est.)
Industries tourism, boat building, offshore financial services
Population below poverty line
Taxes and other revenues 46.7% (of GDP) (2017 est.)
Fiscal year
Exchange rates
Currency East Caribbean dollars (XCD) per US dollar -
Exchange rates 2023 2.7 (2023 est.)
Exchange rates 2022 2.7 (2022 est.)
Exchange rates 2021 2.7 (2021 est.)
Exchange rates 2020 2.7 (2020 est.)
Exchange rates 2019 2.7 (2019 est.)
Reserves of foreign exchange and gold
Reserves of foreign exchange and gold 31 December 2017 $76.38 million (31 December 2017 est.)
Reserves of foreign exchange and gold 31 December 2015 $48.14 million (31 December 2015 est.)
Current account balance
Current account balance 2017 -$23.2 million (2017 est.)
Current account balance 2016 -$25.3 million (2016 est.)
Public debt
Public debt 2015 20.1% of GDP (2015 est.)
Budget
Revenues $81.925 million (2017 est.)
Expenditures $72.352 million (2017 est.)
Budget surplus (+) or deficit (-)
Imports
Imports 2017 $186.2 million (2017 est.)
Imports 2016 $170.1 million (2016 est.)
Imports (partners) Chile 48%, US 27%, Botswana 18%, Canada 1%, Japan 1% (2022)
Comodities Imports force poultry, copper ore, refined petroleum, natural gas, fish (2022)
Exports
Imports 2017 $186.2 million (2017 est.)
Imports 2016 $170.1 million (2016 est.)
Exports (partners) Chile 74%, Hungary 7%, Kyrgyzstan 3%, US 2%, Netherlands 2% (2022)
Comodities Exports force packaged medicine, garments, vehicle parts/accessories, trucks, blank audio media (2022)
GDP (official exchange rate)
GDP - composition, by sector of origin
Agriculture 3% (2017 est.)
Industry 10.5% (2017 est.)
Services 86.4% (2017 est.)
GDP - composition, by end use
Household consumption 74.1% (2017 est.)
Government consumption 18.3% (2017 est.)
Investment in fixed capital 26.8% (2017 est.)
Exports of goods and services 48.2% (2017 est.)
Imports of goods and services -67.4% (2017 est.)
All Important Facts about Anguilla

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Anguilla is found in Caribbean