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Severe volcanic activity, which began in July 1995, has put a damper on this small, open economy. A catastrophic eruption in June 1997 closed the airports and seaports, causing further economic and social dislocation. Two-thirds of the 12,000 inhabitants fled the island. Some began to return in 1998 but lack of housing limited the number. The agriculture sector continued to be affected by the lack of suitable land for farming and the destruction of crops. Prospects for the economy depend largely on developments in relation to the volcanic activity and on public sector construction activity. The UK has launched a three-year $122.8 million aid program to help reconstruct the economy. Half of the island is expected to remain uninhabitable for another decade.
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$29 million (2002 est.)
country comparison to the world: 223
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$NA
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-1% (2002 est.)
country comparison to the world: 130
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$3,400 (2002 est.)
country comparison to the world: 161
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agriculture: 1.2%
industry:
23.1%
services:
75.7% (1999 est.)
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NA
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6% (1998 est.)
country comparison to the world: 56
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NA%
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lowest 10%: NA%
highest 10%:
NA%
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revenues: $31.4 million
expenditures:
$31.6 million (1997 est.)
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2.6% (2002 est.)
country comparison to the world: 90
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6.5% (31 December 2008)
country comparison to the world: 65
6.5% (31 December 2007)
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9.89% (31 December 2008)
country comparison to the world: 84
10.4% (31 December 2007)
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$16.71 million (31 December 2008)
country comparison to the world: 163
$17.9 million (31 December 2007)
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$45.42 million (31 December 2008)
country comparison to the world: 162
$43.9 million (31 December 2007)
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$9.93 million (31 December 2008)
country comparison to the world: 135
$5.537 million (31 December 2007)
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cabbages, carrots, cucumbers, tomatoes, onions, peppers; livestock products
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tourism, rum, textiles, electronic appliances
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NA%
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22 million kWh (2007 est.)
country comparison to the world: 205
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20.46 million kWh (2007 est.)
country comparison to the world: 206
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0 kWh (2008 est.)
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0 kWh (2008 est.)
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0 bbl/day (2009 est.)
country comparison to the world: 146
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1,000 bbl/day (2009 est.)
country comparison to the world: 199
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0 bbl/day (2007 est.)
country comparison to the world: 164
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521 bbl/day (2007 est.)
country comparison to the world: 197
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0 bbl (1 January 2009 est.)
country comparison to the world: 156
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0 cu m (2008 est.)
country comparison to the world: 142
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0 cu m (2008 est.)
country comparison to the world: 135
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0 cu m (2008 est.)
country comparison to the world: 92
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0 cu m (2008 est.)
country comparison to the world: 153
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0 cu m (1 January 2009 est.)
country comparison to the world: 109
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$700,000 (2001)
country comparison to the world: 219
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electronic components, plastic bags, apparel; hot peppers, limes, live plants; cattle
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$17 million (2001)
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machinery and transportation equipment, foodstuffs, manufactured goods, fuels, lubricants, and related materials
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$8.9 million (1997)
country comparison to the world: 191
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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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