Anguilla has few natural resources, is unsuited for agriculture, and the economy depends heavily on luxury tourism, offshore banking, lobster fishing, and remittances from emigrants. Increased activity in the tourism industry has spurred the growth of the construction sector contributing to economic growth. Anguillan officials have put substantial effort into developing the offshore financial sector, which is small but growing. In the medium term, prospects for the economy will depend largely on the recovery of the tourism sector and, therefore, on revived income growth in...
GDP | Reference | Last | Previous | Units | Frequency |
---|---|---|---|---|---|
Nominal Gross Domestic Product | 2022 | 987,662,340 | 812,640,000 | XCD | Annual |
Private Consumption | 2015 | 677,631,968 | 670,019,377 | XCD | Annual |
Nominal Fixed Investment (gross fixed capital formation) | 2015 | 222,829,480 | 207,334,655 | XCD | Annual |
Government Consumption | 2014 | 122.98 | 122.37 | Mil. XCD | Annual |
Real Gross Domestic Product | 2012 | 97.96 | 104.96 | Index 2005=100 | Annual |
Price | Reference | Last | Previous | Units | Frequency |
Consumer Price Index (CPI) | 2023 Q3 | 118.67 | 117.7 | 2010=100, NSA | Quarterly |
Trade | Reference | Last | Previous | Units | Frequency |
Imports of Goods | 2022 | 219,951,732 | 180,155,076 | USD | Annual |
Current Account Balance | 2022 | -110,520,387 | -144,207,470 | USD | Annual |
Balance of Goods | 2022 | -197,376,208 | -167,700,110 | USD | Annual |
Exports of Goods | 2022 | 22,575,524 | 12,454,965 | USD | Annual |
Net Exports | Dec 2017 | 116,202 | 59,112 | USD, NSA | Monthly |
Exports of Goods and Services | 2015 | 389,876,471 | 390,148,619 | XCD | Annual |
Imports of Goods and Services | 2015 | 560,069,935 | 551,168,040 | XCD | Annual |
Government | Reference | Last | Previous | Units | Frequency |
Outstanding Public Debt - Foreign | 2022 Q4 | 25,260,600 | Mil. USD | Quarterly | |
Markets | Reference | Last | Previous | Units | Frequency |
Average Long-term Government Bond | Feb 2019 | 4,275 | 4,951 | Mil. USD, NSA | Monthly |
Money Market Rate | Jan 2016 | 6.89 | 6.89 | % p.a., NSA | Monthly |
Lending Rate | Feb 2013 | 6.5 | 6.5 | % - End of period | Monthly |
Demographics | Reference | Last | Previous | Units | Frequency |
Birth Rate | 2100 | 9.17 | 9.2 | # per Ths. pop., NSA | Annual |
Death Rate | 2100 | 8.99 | 8.97 | # per Ths. pop., NSA | Annual |
Net Migration | 2100 | 5.08 | 5.11 | Per Thousand, NSA | Annual |
Population | 2020 | 15,002 | 14,872 | # | Annual |