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Anguilla has few natural resources, 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 tourism sector and, therefore, on revived income growth in the industrialized nations as well as on favorable weather conditions.
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$175.4 million (2009 est.)
country comparison to the world: 215
$191.7 million (2008 est.)
$108.9 million (2004 est.)
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$175.4 million (2009 est.)
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-8.5% (2009 est.)
country comparison to the world: 208
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$12,200 (2008 est.)
country comparison to the world: 92
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agriculture: 4%
industry:
18%
services:
78% (2002 est.)
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6,049 (2001)
country comparison to the world: 217
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agriculture/fishing/forestry/mining: 4%
manufacturing:
3%
construction:
18%
transportation and utilities:
10%
commerce:
36%
services:
29% (2000 est.)
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8% (2002)
country comparison to the world: 84
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23% (2002)
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lowest 10%: NA%
highest 10%:
NA%
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revenues: $22.8 million
expenditures:
$22.5 million (2000 est.)
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5.3% (2006 est.)
country comparison to the world: 146
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6.5% (31 December 2008)
country comparison to the world: 58
6.5% (31 December 2007)
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9.51% (31 December 2008)
country comparison to the world: 94
9.76% (31 December 2007)
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$21.12 million (31 December 2008)
country comparison to the world: 162
$23.57 million (31 December 2007)
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$449.5 million (31 December 2008)
country comparison to the world: 137
$470.1 million (31 December 2007)
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$529.6 million (31 December 2008)
country comparison to the world: 121
$447.7 million (31 December 2007)
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small quantities of tobacco, vegetables; cattle raising
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tourism, boat building, offshore financial services
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NA%
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NA kWh
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-$42.87 million (2003 est.)
country comparison to the world: 68
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$119.5 million (2009 est.)
country comparison to the world: 189
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lobster, fish, livestock, salt, concrete blocks, rum
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$143 million (2006)
country comparison to the world: 204
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fuels, foodstuffs, manufactures, chemicals, trucks, textiles
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$8.8 million (1998)
country comparison to the world: 192
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East Caribbean dollars (XCD) per US dollar - 2.7 (2007), 2.7 (2006), 2.7 (2005), 2.7 (2004), 2.7 (2003)
note:
fixed rate since 1976
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