2020 Annual Economic and Financial Review

2020 Annual Economic and Financial Review

STATISTICAL TABLES

Table 1 ECCU - Selected Economic Indicators

2016ᴿ

2017ᴿ

2018ᴿ

2019ᴿ

2020ᴾ

(Annual Percentage Change Unless Otherwise Indicated)

National Income and Prices Nominal Gross Domestic Product (GDP) at Market Prices

4.64 3.19 1.78

2.24 0.82 1.62 2.28 1.54

4.66 3.99 0.42 1.03 1.00

4.02 2.66 1.07

(15.67) (14.03)

Real GDP at Market Prices

Deflator

(2.20) (1.70) (2.38)

Consumer Prices (end of period) Consumer Prices (period average)

(1.28) (1.42)

(0.12)

0.70

Real Gross Value Added (GVA) at basic prices Agriculture, Livestock and Forestry

(0.03)

(10.16)

(6.93)

(0.09)

(7.68) (9.20) (9.21)

Fishing

6.89

6.66

2.15 6.68 7.55 1.31 7.63 2.81 6.39 4.58 9.38 2.01 1.64

9.21 2.28

Manufacturing

(1.23) (1.53)

(0.96) (4.77) (3.42)

Mining & Quarrying Electricity & Water

(0.68)

(11.41)

3.07 7.85 3.35 2.13

7.90

(5.52)

Construction

11.79

13.19

(3.28) (1.41)

(17.09) (12.41) (63.19) (25.73) (38.29)

Wholesale and Retail Hotels and Restaurants

(1.38) (0.31)

10.02

Transport, Storage and Communications

(1.69) (0.51) (3.41)

2.59 6.22

8.60 7.08

Transport and Storage

Communications

(2.89)

10.99

(6.60)

Financial Intermediation

4.88 0.87 2.11 5.69 3.82 1.25

0.28

3.64 1.70 2.95 4.28 3.71

0.95

Real Estate, Renting and Business Activities

(0.99)

(3.03)

Public Administration, Defence & Compulsory Social Security

3.33 1.78 1.35 1.01

(0.09) (6.48)

1.62

Education

(0.78)

Health and Social Work

3.04 5.99

2.42

Other Community, Social & Personal Services Activities of Private Households as Employers

(0.16)

(13.68)

(1.57) (1.66)

(3.13) (0.67)

(2.28) (1.25)

0.21 1.81

(9.63)

FISIM

(17.69)

(In percent of GDP)

External Sector Public Sector External Debt (end-of-period)*

38.44

38.18

35.19

34.50

40.23

Central Government Current Account Balance

3.37

1.97

3.10

1.83

(2.85) 25.68 28.54

Current Revenue

25.66 22.28

24.85 22.88

26.82 23.72

26.07 24.24

Current Expenditure

Capital Expenditure and Net Lending

4.22 1.99

4.81

6.16

5.66

6.99

Overall Fiscal Balance

(0.59)

(0.80)

(2.05)

(7.00)

(in percent per annum)

Monetary Sector Weighted Deposit Interest Rates Weighted Lending Interest Rates

1.71 8.53

1.63 8.41

1.57 8.11

1.58 7.94

1.60 7.15

(in millions of EC dollars, unlesss otherwise stated)

Memo Nominal GDP at Market Prices Real GDP at Market Prices Merchandise Imports (f.o.b)

18,657.91 14,767.55

19,076.25 14,889.11

19,964.53 15,482.79

20,767.44 15,894.71

17,513.63 13,664.55

6,167.13

6,352.78

7,467.33

7,310.13

5,647.30

Merchandise Exports

814.16

790.76

643.46

765.46

637.27

Gross Visitor Expenditure

5,361.82

5,595.62

6,048.38

6,828.99

2,360.33

GDP per capita (EC$)

29,666.17

30,240.26

31,444.07

32,379.92

27,110.09

* Public Sector External Debt as at September 2019 Source: ECCU Central Statistics Offices and Eastern Caribbean Central Bank Data as at 10 February 2021

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