Economy - overview:
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 airport 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. Half of the island remains uninhabitable.
GDP (purchasing power parity): GDP (official exchange rate): GDP - real growth rate: GDP - per capita (PPP): GDP - composition by sector: Labor force: Unemployment rate: Population below poverty line: Household income or consumption by percentage share: Investment (gross fixed): Budget: Inflation rate (consumer prices): Central bank discount rate: Commercial bank prime lending rate: Stock of narrow money: Stock of broad money: Stock of domestic credit: Agriculture - products: Industries: Industrial production growth rate: Electricity - production: Electricity - consumption: Electricity - exports: Electricity - imports: Oil - production: Oil - consumption: Oil - exports: Oil - imports: Natural gas - production: Natural gas - consumption: Natural gas - exports: Natural gas - imports: Natural gas - proved reserves: Current account balance: Exports: Exports - commodities: Imports: Imports - commodities: Debt - external: Exchange rates:
NOTE: 1) The information regarding Montserrat on this page is re-published from the 2012 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Montserrat Economy 2012 information contained here. All suggestions for corrections of any errors about Montserrat Economy 2012 should be addressed to the CIA.
$29 million (2002 est.)
country comparison to the world: 223
[see also: GDP country ranks ]
$NA
[see also: GDP (official exchange rate) country ranks ]
-1% (2002 est.)
country comparison to the world: 204
[see also: GDP - real growth rate country ranks ]
$3,400 (2002 est.)
country comparison to the world: 161
[see also: GDP - per capita country ranks ]
agriculture: 1.6%
[see also: GDP - composition by sector - agriculture country ranks ]
industry: 23%
[see also: GDP - composition by sector - industry country ranks ]
services: 75.3% (2011 est.)
[see also: GDP - composition by sector - services country ranks ]
NA
[see also: Labor force country ranks ]
6% (1998 est.)
country comparison to the world: 58
[see also: Unemployment rate country ranks ]
NA%
[see also: Population below poverty line country ranks ]
lowest 10%: NA%
[see also: Household income or consumption by percentage share - lowest 10% country ranks ]
highest 10%: NA%
[see also: Household income or consumption by percentage share - highest 10% country ranks ]
45.7% of GDP (2011 est.)
country comparison to the world: 4
[see also: Investment (gross fixed) country ranks ]
revenues: $31.4 million
[see also: Budget revenues country ranks ]
expenditures: $37.04 million (2011 est.)
[see also: Budget expenditures country ranks ]
2% (2011 est.)
country comparison to the world: 22
[see also: Inflation rate (consumer prices) country ranks ]
10.99% (31 December 2010 est.)
country comparison to the world: 55
[see also: Central bank discount rate country ranks ]
8.6% (31 December 2011 est.)
country comparison to the world: 117
[see also: Commercial bank prime lending rate country ranks ]
$15.86 million (31 December 2011 est.)
country comparison to the world: 192
[see also: Stock of narrow money country ranks ]
$64 million (31 December 2011 est.)
country comparison to the world: 191
[see also: Stock of broad money country ranks ]
$12.59 million (31 December 2010 est.)
country comparison to the world: 190
[see also: Stock of domestic credit country ranks ]
cabbages, carrots, cucumbers, tomatoes, onions, peppers; livestock products
tourism, rum, textiles, electronic appliances
NA%
[see also: Industrial production growth rate country ranks ]
22 million kWh (2008 est.)
country comparison to the world: 208
[see also: Electricity - production country ranks ]
20.46 million kWh (2008 est.)
country comparison to the world: 209
[see also: Electricity - consumption country ranks ]
0 kWh (2009 est.)
[see also: Electricity - exports country ranks ]
0 kWh (2009 est.)
[see also: Electricity - imports country ranks ]
0 bbl/day (2010 est.)
country comparison to the world: 196
[see also: Oil - production country ranks ]
1,000 bbl/day (2010 est.)
country comparison to the world: 201
[see also: Oil - consumption country ranks ]
0 bbl/day (2009 est.)
country comparison to the world: 188
[see also: Oil - exports country ranks ]
564.4 bbl/day (2009 est.)
country comparison to the world: 200
[see also: Oil - imports country ranks ]
0 cu m (2009 est.)
country comparison to the world: 95
[see also: Natural gas - production country ranks ]
0 cu m (2009 est.)
country comparison to the world: 202
[see also: Natural gas - consumption country ranks ]
0 cu m (2009 est.)
country comparison to the world: 140
[see also: Natural gas - exports country ranks ]
0 cu m (2009 est.)
country comparison to the world: 91
[see also: Natural gas - imports country ranks ]
0 cu m (1 January 2011 est.)
country comparison to the world: 163
[see also: Natural gas - proved reserves country ranks ]
-$16.7 million (2011 est.)
country comparison to the world: 62
[see also: Current account balance country ranks ]
$3.3 million (2011 est.)
country comparison to the world: 217
[see also: Exports country ranks ]
electronic components, plastic bags, apparel; hot peppers, limes, live plants; cattle
$29 million (2011 est.)
country comparison to the world: 218
[see also: Imports country ranks ]
machinery and transportation equipment, foodstuffs, manufactured goods, fuels, lubricants, and related materials
$8.9 million (1997)
country comparison to the world: 196
[see also: Debt - external country ranks ]
East Caribbean dollars (XCD) per US dollar -
2) The rank that you see is the CIA reported rank, which may habe the following issues:
a) They assign increasing rank number, alphabetically for countries with the same value of the ranked item, whereas we assign them the same rank.
b) The CIA sometimes assignes counterintuitive ranks. For example, it assigns unemployment rates in increasing order, whereas we rank them in decreasing order
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This page was last modified 07-Mar-12