Labor force | |
---|---|
Industrial production growth rate | -2.4% (2023 est.) |
Industries | tourism, cotton, salt, copra, clothing, footwear, beverages |
Population below poverty line | |
Taxes and other revenues | 15.04% (of GDP) (2020 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 2023 | $286.075 million (2023 est.) |
Reserves of foreign exchange and gold 2022 | $293.98 million (2022 est.) |
Reserves of foreign exchange and gold 2021 | $337.533 million (2021 est.) |
Current account balance | |
Current account balance 2023 | -$143.262 million (2023 est.) |
Current account balance 2022 | -$105.744 million (2022 est.) |
Current account balance 2021 | -$43.725 million (2021 est.) |
Public debt | |
Public debt 2017 | 62.9% of GDP (2017 est.) |
Budget | |
Revenues | $262 million (2020 est.) |
Expenditures | $236.444 million (2020 est.) |
Budget surplus (+) or deficit (-) | |
Remittances | |
Remittances 2023 | 3.48% of GDP (2023 est.) |
Remittances 2022 | 3.83% of GDP (2022 est.) |
Remittances 2021 | 4.32% of GDP (2021 est.) |
Imports | |
Imports 2023 | $674.134 million (2023 est.) |
Imports 2022 | $606.301 million (2022 est.) |
Imports 2021 | $407.417 million (2021 est.) |
Imports (partners) | US 47%, Italy 9%, Turkey 6%, Trinidad and Tobago 6%, China 5% (2022) |
Comodities Imports force | ships, refined petroleum, plastic products, cars, jewelry (2022) |
Exports | |
Imports 2023 | $674.134 million (2023 est.) |
Imports 2022 | $606.301 million (2022 est.) |
Imports 2021 | $407.417 million (2021 est.) |
Exports (partners) | US 61%, India 7%, Trinidad and Tobago 5%, Germany 4%, Canada 3% (2022) |
Comodities Exports force | measuring instruments, broadcasting equipment, electrical transformers, electrical control boards, ships (2022) |
Real GDP (purchasing power parity) | |
Real GDP (purchasing power parity) 2023 | $1.438 billion (2023 est.) |
Real GDP (purchasing power parity) 2022 | $1.39 billion (2022 est.) |
Real GDP (purchasing power parity) 2021 | $1.258 billion (2021 est.) |
GDP (official exchange rate) | $1.077 billion (2023 est.) |
Real GDP Per capita | |
Real GDP per capita 2023 | $30,100 (2023 est.) |
Real GDP per capita 2022 | $29,200 (2022 est.) |
Real GDP per capita 2021 | $26,400 (2021 est.) |
GDP - composition, by sector of origin | |
Agriculture | 1.4% (2023 est.) |
Industry | 19.8% (2023 est.) |
Services | 64.9% (2023 est.) |
GDP - composition, by end use | |
Household consumption | 41.4% (2017 est.) |
Government consumption | 25.9% (2017 est.) |
Investment in fixed capital | 30.8% (2017 est.) |
Exports of goods and services | 62.5% (2017 est.) |
Imports of goods and services | -60.4% (2017 est.) |
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