 |
Login |
|
|
|
|
|
 |
| Government Type |
constitutional monarchy with UK-style parliament |
| Legal System |
based on English common law |
| Currency |
East Caribbean dollar (XCD) |
| Economic Overview |
Tourism continues to dominate the economy, accounting for more than half of GDP. Weak tourist arrival numbers since early 2000 have slowed the economy, however, and pressed the government into a tight fiscal corner. The dual-island nation's agricultural production is focused on the domestic market and constrained by a limited water supply and a labor shortage stemming from the lure of higher wages in tourism and construction. Manufacturing comprises enclave-type assembly for export with major products being bedding, handicrafts, and electronic components. Prospects for economic growth in the medium term will continue to depend on income growth in the industrialized world, especially in the US, which accounts for slightly more than one-third of tourist arrivals. |
| Natural Resources |
NEGL; pleasant climate fosters tourism |
| Primary Industries |
tourism, construction, light manufacturing (clothing, alcohol, household appliances) |
| Agricultural Products |
cotton, fruits, vegetables, bananas, coconuts, cucumbers, mangoes, sugarcane; livestock |
| Import Commodities |
food and live animals, machinery and transport equipment, manufactures, chemicals, oil |
| Export Commodities |
petroleum products 48%, manufactures 23%, machinery and transport equipment 17%, food and live animals 4%, other 8% |
| Export Partners |
OECD 26%, Barbados 15%, Guyana 4%, Trinidad and Tobago 2%, US 0.3% (1998) |
| AIRPORTS of Antigua and Barbuda |
| Antigua-VC Bird Airport |
The airport is located 8km (5 miles) northeast of St John's |
Detals |
|
|
 |