2020 Annual Economic and Financial Review

2020 Annual Economic and Financial Review

STATISTICAL TABLES

Table 29 Montserrat - Selected Economic Indicators

2016

2017

2018

2019

2020

(Annual Percentage Change Unless Otherwise Indicated)

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

2.37 1.32 1.39

(5.05) (3.78) (4.88)

4.06 3.99 4.07 1.75 1.31

8.37 5.92 9.84

(5.28) (8.49) (3.34) (2.76) (1.87)

Real GDP at Market Prices

Deflator

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

(1.30) (0.25)

1.65 1.19

(0.58) (1.07)

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

27.00

(11.44) (15.40)

(5.44)

(6.15)

(4.85)

Fishing

(0.11)

12.66

(20.00)

(22.00)

Manufacturing

46.69

5.74

9.00

1.00

(5.00) (2.61) (0.02)

Mining and Quarrying Electricity and Water

(10.00)

20.94

31.04

20.00

1.98

(1.76)

3.41 8.52 6.77 7.31 6.90

0.15

Construction

33.60

(40.71) (10.02)

50.52 3.27 1.95 9.97 1.00 1.16 0.25 14.50 12.49

(25.00)

Wholesale and Retail Trade

4.96

(3.00)

Hotels and Restaurants

(18.67)

8.01 7.59 4.87

(62.35) (28.33) (40.06)

Transport, Storage and Communications

(5.70)

Transport and Storage

1.57

17.94

Communications

(15.48) (18.21)

11.99

(9.82)

(2.00) (5.44) (0.44)

Financial Intermediation

(18.07)

5.35 2.41 0.80

Real Estate, Renting and Business Activities

1.37

1.86 0.09 0.83 5.24 1.64 5.68

Public Administration, Defence & Compulsory Social Security

(0.41)

2.26 2.51 0.40

Education

5.16 1.41 2.38

(1.10)

3.26

Health and Social Work

(3.77)

3.70 4.54

(10.77)

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

10.00

(1.00)

(11.59) (51.01)

(19.35)

(13.79)

(24.36)

FISIM

1.25

(2.43)

(6.36)

(as a percentage of GDP)

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

3.69

5.61

5.14

5.78

5.67

Central Government Current Account Balance

(39.64) 27.70 67.34 12.36 (0.37)

(44.10)

(47.44)

(46.85)

(50.99) 30.33 81.32 16.23 (5.06)

Current Revenue

29.21 73.32 11.50

30.01 77.45

28.46 75.31

Current Expenditure

Capital Expenditure and Net Lending

8.04

8.72

Overall Fiscal Balance

1.18

(6.51)

(12.68)

(percent per annum)

Monetary Sector Weighted Deposit Interest Rates Weighted Lending Interest Rates

1.10 7.07

1.12 6.89

1.10 6.68

1.12 6.63

1.14 6.15

(in millions of EC dollars, unless otherwise stated)

Memo Nominal GDP at Market Prices Real GDP at Market Prices Merchandise Imports (f.o.b) Merchandise Exports (f.o.b) Gross Visitor Expenditure

169.66 154.13

161.10 148.30

167.65 154.22

181.68 163.34

172.09 149.47

86.60 10.86 22.92

72.66 16.16 25.36

84.39 15.54 26.76

77.36 15.09 26.81

73.27 14.68 13.79

GDP per capita (EC$)

35,779

33,787

35,922

40,204

38,854

Source: Statistics Department, Ministry of Finance and Economic Management, Montserrat and Eastern Caribbean Central Bank

* External Public Sector debt as at September 2019 Data as at 23 February 2021

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