The 2003 CIA World Factbook. United States. Central Intelligence Agency

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The 2003 CIA World Factbook - United States. Central Intelligence Agency


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1.3%; seats by party - ALP 12, UPP 4, independent 1

       elections: House of Representatives - last held 9 March 1999 (next

       to be held prior to March 2004)

      Judicial branch:

       Eastern Caribbean Supreme Court (based in Saint Lucia; one judge of

       the Supreme Court is a resident of the islands and presides over the

       Court of Summary Jurisdiction)

      Political parties and leaders:

       Antigua Labor Party or ALP [Lester Bryant BIRD]; Barbuda People's

       Movement or BPM [Thomas H. FRANK]; United Progressive Party or UPP

       [Baldwin SPENCER] (a coalition of three opposition parties - United

       National Democratic Party or UNDP, Antigua Caribbean Liberation

       Movement or ACLM, and Progressive Labor Movement or PLM)

      Political pressure groups and leaders:

       Antigua Trades and Labor Union or ATLU [William ROBINSON]; People's

       Democratic Movement or PDM [Hugh MARSHALL]

      International organization participation:

       ACP, C, Caricom, CDB, ECLAC, FAO, G-77, IBRD, ICAO, ICCt, ICFTU,

       ICRM, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, ISO

       (subscriber), ITU, OAS, OECS, OPANAL, UN, UNCTAD, UNESCO, UPU, WCL,

       WFTU, WHO, WIPO, WMO, WTrO

      Diplomatic representation in the US: chief of mission: Ambassador (vacant) chancery: 3216 New Mexico Avenue NW, Washington, DC 20016 telephone: [1] (202) 362–5211 FAX: [1] (202) 362–5225 consulate(s) general: Miami

      Diplomatic representation from the US: the US does not have an embassy in Antigua and Barbuda (embassy closed 30 June 1994); the US Ambassador to Barbados is accredited to Antigua and Barbuda

      Flag description:

       red, with an inverted isosceles triangle based on the top edge of

       the flag; the triangle contains three horizontal bands of black

       (top), light blue, and white, with a yellow rising sun in the black

       band

      Economy Antigua and Barbuda

      Economy - 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.

      GDP:

       purchasing power parity - $750 million (2002 est.)

      GDP - real growth rate:

       3% (2002 est.)

      GDP - per capita:

       purchasing power parity - $11,000 (2002 est.)

      GDP - composition by sector: agriculture: 3.9% industry: 19.2% services: 76.8% (2002)

      Population below poverty line:

       NA%

      Household income or consumption by percentage share:

       lowest 10%: NA%

       highest 10%: NA%

      Inflation rate (consumer prices):

       0.4% (2000 est.)

      Labor force:

       30,000

      Labor force - by occupation:

       commerce and services 82%, agriculture 11%, industry 7% (1983)

      Unemployment rate:

       11% (2001 est.)

      Budget:

       revenues: $123.7 million

       expenditures: $145.9 million, including capital expenditures of $NA

       (2000 est.)

      Industries:

       tourism, construction, light manufacturing (clothing, alcohol,

       household appliances)

      Industrial production growth rate:

       6% (1997 est.)

      Electricity - production:

       105.3 million kWh (2001)

      Electricity - production by source: fossil fuel: 100% hydro: 0% other: 0% (2001) nuclear: 0%

      Electricity - consumption:

       97.89 million kWh (2001)

      Electricity - exports:

       0 kWh (2001)

      Electricity - imports:

       0 kWh (2001)

      Oil - production:

       0 bbl/day (2001 est.)

      Oil - consumption:

       3,600 bbl/day (2001 est.)

      Oil - exports:

       NA (2001)

      Oil - imports:

       NA (2001)

      Agriculture - products: cotton, fruits, vegetables, bananas, coconuts, cucumbers, mangoes, sugarcane; livestock

      Exports:

       $40 million

      Exports - commodities:

       petroleum products 48%, manufactures 23%, machinery and transport

       equipment 17%, food and live animals 4%, other 8%

      Exports - partners:

       France 68.5%, Germany 26.4%, Italy 1.2% (2002)

      Imports:

       $357 million (2000 est.)

      Imports - commodities:

       food and live animals, machinery and transport equipment,

       manufactures, chemicals, oil

      Imports - partners:

       France 23.4%, Germany 14.2%, US 13.2%, Poland 9.8%, South Korea

       8.3%, Singapore 5%, UK 4.4% (2002)

      Debt - external:

       $231 million (1999)

      Economic aid - recipient:

       $2.3 million (1995)

      Currency:

       East Caribbean dollar (XCD)

      Currency code:

       XCD

      Exchange rates:

       East Caribbean dollars per US dollar - 2.7 (2002), 2.7 (2001), 2.7

       (2000), 2.7 (1999), 2.7 (1998) (fixed rate since 1976)

      Fiscal year:

       1 April - 31 March

      Communications Antigua and Barbuda

      Telephones


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