Labor force | 53,000 (2023 est.) |
---|---|
Industrial production growth rate | 3.91% (2023 est.) |
Industries | tourism; food processing, cement, furniture, clothing, starch |
Population below poverty line | |
Taxes and other revenues | 23.8% (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.) |
Debt - external | |
Debt - external 2022 | $414.492 million (2022 est.) |
Reserves of foreign exchange and gold | |
Reserves of foreign exchange and gold 2023 | $280.564 million (2023 est.) |
Reserves of foreign exchange and gold 2022 | $320.193 million (2022 est.) |
Reserves of foreign exchange and gold 2021 | $311.903 million (2021 est.) |
Current account balance | |
Current account balance 2023 | -$142.763 million (2023 est.) |
Current account balance 2022 | -$186.777 million (2022 est.) |
Current account balance 2021 | -$197.13 million (2021 est.) |
Public debt | |
Public debt 2017 | 73.8% of GDP (2017 est.) |
Budget | |
Revenues | $226.404 million (2017 est.) |
Expenditures | $208.744 million (2017 est.) |
Budget surplus (+) or deficit (-) | |
Remittances | |
Remittances 2023 | 6.7% of GDP (2023 est.) |
Remittances 2022 | 9.17% of GDP (2022 est.) |
Remittances 2021 | 8.03% of GDP (2021 est.) |
Imports | |
Imports 2023 | $566.477 million (2023 est.) |
Imports 2022 | $537.929 million (2022 est.) |
Imports 2021 | $425.694 million (2021 est.) |
Imports (partners) | US 40%, Trinidad and Tobago 10%, China 6%, UK 6%, Turkey 5% (2022) |
Comodities Imports force | refined petroleum, poultry, ships, raw sugar, plastic products (2022) |
Exports | |
Imports 2023 | $566.477 million (2023 est.) |
Imports 2022 | $537.929 million (2022 est.) |
Imports 2021 | $425.694 million (2021 est.) |
Exports (partners) | Malaysia 34%, US 10%, Greece 9%, Barbados 8%, Spain 6% (2022) |
Comodities Exports force | refined petroleum, ships, fish, shellfish, wheat (2022) |
Real GDP (purchasing power parity) | |
Real GDP (purchasing power parity) 2023 | $1.858 billion (2023 est.) |
Real GDP (purchasing power parity) 2022 | $1.752 billion (2022 est.) |
Real GDP (purchasing power parity) 2021 | $1.635 billion (2021 est.) |
GDP (official exchange rate) | $1.066 billion (2023 est.) |
Real GDP Per capita | |
Real GDP per capita 2023 | $17,900 (2023 est.) |
Real GDP per capita 2022 | $16,900 (2022 est.) |
Real GDP per capita 2021 | $15,700 (2021 est.) |
GDP - composition, by sector of origin | |
Agriculture | 4.2% (2023 est.) |
Industry | 14.2% (2023 est.) |
Services | 64.2% (2023 est.) |
GDP - composition, by end use | |
Household consumption | 87.3% (2017 est.) |
Government consumption | 16.6% (2017 est.) |
Investment in fixed capital | 10.8% (2017 est.) |
Investment in inventories | -0.2% (2017 est.) |
Exports of goods and services | 37.1% (2017 est.) |
Imports of goods and services | -51.7% (2017 est.) |
Unemployment rate | |
Unemployment rate 2023 | 18.67% (2023 est.) |
Unemployment rate 2022 | 19.51% (2022 est.) |
Unemployment rate 2021 | 20.28% (2021 est.) |
Youth unemployment rate (ages 15-24) | |
Total | 42.3% (2023 est.) |
Male | 42.5% (2023 est.) |
Female | 42% (2023 est.) |
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