World GNP ranking: 100th GNP per capita: US$2800 Balance of payments: –US$788m Inflation: 7.1% Unemployment: 16% |
Relatively diversified economy. Tourism. Mining and refining of bauxite for aluminum. Agriculture, including sugar, bananas, rum, and coffee. Light manufacturing.
Banking and insurance sectors. Climbing debt burden, now around 150% of GDP, dominates budget. Financing of sugar production. Stagnant growth. High unemployment.