St. Vincent and the Grenadines: Recent Economic Developments
March 15, 1994
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This report analyzes economic developments in St. Vincent and the Grenadines in the first half of the 1990s. Real GDP increased at an average annual rate of 5 percent in 1988–93, reflecting sustained growth in most sectors except for agriculture and manufacturing, which showed some volatility. In 1993, economic growth slowed to 1.4 percent as a sharp decline in agricultural production and in manufacturing activity only partly offset growth in the construction and tourism sectors.
Subject: Agricultural commodities, Commercial banks, Commodities, Credit, Exports, Financial institutions, International trade, Loans, Money
Keywords: Agricultural commodities, balance due, capital expenditure, Caribbean, Commercial banks, consumer goods, CR, Credit, current account, debt service, Eastern Caribbean dollar, EC dollar terms, ECCB area bank, ECCB borrowing, Exports, foreign currency, ISCR, Loans, net credit, pound sterling, time deposit, U.S. dollar, unit price
Pages:
61
Volume:
1994
DOI:
Issue:
012
Series:
Country Report No. 1994/012
Stock No:
1VCTEA0011994
ISBN:
9781451839869
ISSN:
1934-7685
Notes
This report on recent economic developments in St. Vincent and the Grenadines was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.
