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Grenada


 
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© 1996-2006
Bob Starkgraf

GOVERNMENT

Country name:
conventional long form: none
conventional short form: Grenada
Government type:
constitutional monarchy with Westminster-style parliament
Capital:
Saint George's
Administrative divisions:
6 parishes and 1 dependency*; Carriacou and Petit Martinique*, Saint Andrew, Saint David, Saint George, Saint John, Saint Mark, Saint Patrick
Independence:
7 February 1974 (from UK)
National holiday:
Independence Day, 7 February (1974)
Constitution:
19 December 1973
Legal system:
based on English common law
Suffrage:
18 years of age; universal
Executive branch:
chief of state: Queen ELIZABETH II (since 6 February 1952), represented by Governor General Daniel WILLIAMS (since 9 August 1996)
head of government: Prime Minister Keith MITCHELL (since 22 June 1995)
cabinet: Cabinet appointed by the governor general on the advice of the prime minister
elections: none; the monarch is hereditary; governor general appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed prime minister by the governor general
Legislative branch:
bicameral Parliament consists of the Senate (a 13-member body, 10 appointed by the government and three by the leader of the opposition) and the House of Representatives (15 seats; members are elected by popular vote to serve five-year terms)
elections: last held on 18 January 1999 (next to be held by NA October 2004)
election results: House of Representatives - percent of vote by party - NA%; seats by party - NNP 14, GULP 1
Judicial branch:
West Indies Associate States Supreme Court (an associate judge resides in Grenada)
Political parties and leaders:
Grenada United Labor Party or GULP [Herbert PREUDHOMME]; National Democratic Congress or NDC [leader vacant]; New National Party or NNP [George McGUIRE]
Political pressure groups and leaders:
NA
International organization participation:
ACP, C, Caricom, CDB, ECLAC, FAO, G-77, IBRD, ICAO, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, ISO (subscriber), ITU, LAES, NAM, OAS, OECS, OPANAL, OPCW (signatory), UN, UNCTAD, UNESCO, UNIDO, UPU, WHO, WIPO, WTrO
Diplomatic representation in the US:
chief of mission: Ambassador Denis G. ANTOINE
consulate(s) general: New York
FAX: [1] (202) 265-2468
telephone: [1] (202) 265-2561
chancery: 1701 New Hampshire Avenue NW, Washington, DC 20009
Diplomatic representation from the US:
chief of mission: the ambassador to Barbados is accredited to Grenada; Charge d'Affairs Nadia TONGOUR
embassy: Point Salines, Saint George's
mailing address: P. O. Box 54, Saint George's, Grenada, West Indies
telephone: [1] (473) 444-1173 through 1176
FAX: [1] (473) 444-4820
Flag description:
a rectangle divided diagonally into yellow triangles (top and bottom) and green triangles (hoist side and outer side), with a red border around the flag; there are seven yellow, five-pointed stars with three centered in the top red border, three centered in the bottom red border, and one on a red disk superimposed at the center of the flag; there is also a symbolic nutmeg pod on the hoist-side triangle (Grenada is the world's second-largest producer of nutmeg, after Indonesia); the seven stars represent the seven administrative divisions
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ECONOMY

Economy - overview:
Despite government steadying of annual economic growth in recent years through progress in fiscal reform and prudent macroeconomic management, a downturn in tourist arrivals in 2001 threatens government spending in 2002. Grenada relies on tourism as its main source of foreign exchange, although it also supports a small agriculture sector and a developing offshore financial industry. Short-term concerns include a rising fiscal deficit and the deterioration in the external account balance.
GDP:
purchasing power parity - $424 million (2001 est.)
GDP - real growth rate:
6.5% (2001 est.)
GDP - per capita:
purchasing power parity - $4,750 (2001 est.)
GDP - composition by sector:
agriculture: 8%
industry: 24%
services: 68% (2000) (2000)
Population below poverty line:
NA%
Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices):
2.8% (2001 est.)
Labor force:
42,300 (1996) (1996)
Labor force - by occupation:
services 62%, agriculture 24%, industry 14% (1999 est.)
Unemployment rate:
11.5% (1999) (1999)
Budget:
revenues: $85.8 million
expenditures: $102.1 million, including capital expenditures of $28 million (1997)
Industries:
food and beverages, textiles, light assembly operations, tourism, construction
Industrial production growth rate:
0.7% (1997 est.)
Electricity - production:
110 million kWh (2000)
Electricity - production by source:
fossil fuel: 100%
hydro: 0%
other: 0% (2000)
nuclear: 0%
Electricity - consumption:
102.3 million kWh (2000)
Electricity - exports:
0 kWh (2000)
Electricity - imports:
0 kWh (2000)
Agriculture - products:
bananas, cocoa, nutmeg, mace, citrus, avocados, root crops, sugarcane, corn, vegetables
Exports:
$78 million (2000 est.)
Exports - commodities:
bananas, cocoa, nutmeg, fruit and vegetables, clothing, mace
Exports - partners:
Caricom 32.3%, UK 20%, US 13%, Netherlands 8.8% (1991)
Imports:
$270 million (2000 est.)
Imports - commodities:
food, manufactured goods, machinery, chemicals, fuel (1989)
Imports - partners:
US 31.2%, Caricom 23.6%, UK 13.8%, Japan 7.1% (1991)
Debt - external:
$196 million (2000) (2000)
Economic aid - recipient:
$8.3 million (1995) (1995)
Currency:
East Caribbean dollar (XCD)
Currency code:
XCD
Exchange rates:
East Caribbean dollars per US dollar - 2.7000 (fixed rate since 1976)
Fiscal year:
calendar year
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