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Saint Vincent and the Grenadines


 
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© 1996-2006
Bob Starkgraf

GOVERNMENT

Country name:
conventional long form: none
conventional short form: Saint Vincent and the Grenadines
Government type:
parliamentary democracy; independent sovereign state within the Commonwealth
Capital:
Kingstown
Administrative divisions:
6 parishes; Charlotte, Grenadines, Saint Andrew, Saint David, Saint George, Saint Patrick
Independence:
27 October 1979 (from UK)
National holiday:
Independence Day, 27 October (1979)
Constitution:
27 October 1979
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 Sir Fredrick Nathaniel BALLANTYNE (since 2 September 2002)
elections: none; the monarch is hereditary; the governor general is appointed by the monarch; following legislative elections, the leader of the majority party is usually appointed prime minister by the governor general; deputy prime minister appointed by the governor general on the advice of the prime minister
cabinet: Cabinet appointed by the governor general on the advice of the prime minister
head of government: Prime Minister Ralph E. GONSALVES (since 29 March 2001)
Legislative branch:
unicameral House of Assembly (21 seats, 15 elected representatives and 6 appointed senators; representatives are elected by popular vote from single-member constituencies to serve five-year terms)
election results: percent of vote by party - NA%; seats by party - ULP 12, NDP 3
elections: last held 28 March 2001 (next to be held by March 2006)
Judicial branch:
Eastern Caribbean Supreme Court (based on Saint Lucia; one judge of the Supreme Court resides in Saint Vincent and the Grenadines)
Political parties and leaders:
National Reform Party or NRP [Joel MIGUEL]; New Democratic Party or NDP [Arnhim EUSTACE]; People's Progressive Movement or PPM [Ken BOYEA]; Progressive Labor Party or PLP [leader NA]; United People's Movement or UPM [Adrian SAUNDERS]; Unity Labor Party or ULP [Ralph GONSALVES] (formed by the coalition of Saint Vincent Labor Party or SVLP and the Movement for National Unity or MNU)
Political pressure groups and leaders:
NA
International organization participation:
ACP, C, Caricom, CDB, ECLAC, FAO, G-77, IBRD, ICAO, ICCt, ICFTU, ICRM, IDA, IFAD, IFRCS, ILO, IMF, IMO, Interpol, IOC, ITU, OAS, OECS, OPANAL, OPCW, UN, UNCTAD, UNESCO, UNIDO, UPU, WCL, WFTU, WHO, WIPO, WTrO
Diplomatic representation in the US:
chief of mission: Ambassador Ellsworth I. A. JOHN
chancery: 3216 New Mexico Avenue NW, Washington, DC 20016
telephone: [1] (202) 364-6730
FAX: [1] (202) 364-6736
consulate(s) general: New York
Diplomatic representation from the US:
the US does not have an embassy in Saint Vincent and the Grenadines; the US Ambassador in Barbados is accredited to Saint Vincent and the Grenadines
Flag description:
three vertical bands of blue (hoist side), gold (double width), and green; the gold band bears three green diamonds arranged in a V pattern
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ECONOMY

Economy - overview:
Bananas and other agricultural products remain the staple of this lower-middle income country's economy. Although tourism and other services have been growing moderately in recent years, the government has been ineffective at introducing new industries. Unemployment remains high, and economic growth hinges upon seasonal variations in the agricultural and tourism sectors. Tropical storms wiped out substantial portions of crops in 1994, 1995, and 2002, and tourism in the Eastern Caribbean has suffered low arrivals following 11 September 2001. Saint Vincent is home to a small offshore banking sector, but its restrictive secrecy laws have come under international review. As of June 2001, it remained on the Financial Action Task Force's list of noncooperative jurisdictions. Saint Vincent is also the largest producer of marijuana in the Eastern Caribbean and is increasingly being used as a transshipment point for illegal narcotics from South America.
GDP:
purchasing power parity - $339 million (2002 est.)
GDP - real growth rate:
-0.5% (2002 est.)
GDP - per capita:
purchasing power parity - $2,900 (2002 est.)
GDP - composition by sector:
agriculture: 10%
industry: 26%
services: 64% (2001 est.)
Population below poverty line:
NA%
Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices):
-0.4% (2001 est.)
Labor force:
67,000 (1984 est.)
Labor force - by occupation:
agriculture 26%, industry 17%, services 57% (1980 est.)
Unemployment rate:
22% (1997 est.)
Budget:
revenues: $94.6 million
expenditures: $85.8 million, including capital expenditures of $NA (2000 est.)
Industries:
food processing, cement, furniture, clothing, starch
Industrial production growth rate:
-0.9% (1997 est.)
Electricity - production:
92.48 million kWh (2001)
Electricity - production by source:
fossil fuel: 69.3%
hydro: 30.7%
other: 0% (2001)
nuclear: 0%
Electricity - consumption:
86 million kWh (2001)
Electricity - exports:
0 kWh (2001)
Electricity - imports:
0 kWh (2001)
Oil - production:
0 bbl/day (2001 est.)
Oil - consumption:
1,250 bbl/day (2001 est.)
Oil - exports:
NA (2001)
Oil - imports:
NA (2001)
Agriculture - products:
bananas, coconuts, sweet potatoes, spices; small numbers of cattle, sheep, pigs, goats; fish
Exports:
$53.7 million (2000 est.)
Exports - commodities:
bananas 39%, eddoes and dasheen (taro), arrowroot starch, tennis racquets
Exports - partners:
Caricom countries 49%, UK 16%, US 10% (2001)
Imports:
$185.6 million (2000 est.)
Imports - commodities:
foodstuffs, machinery and equipment, chemicals and fertilizers, minerals and fuels
Imports - partners:
US 36%, Caricom countries 28%, UK 13% (2001 est.)
Debt - external:
$167.2 million (2000)
Economic aid - recipient:
$47.5 million (1995); note - EU $34.5 million (1998)
Currency:
East Caribbean dollar (XCD)
Currency code:
XCD
Exchange rates:
East Caribbean dollars per US dollar - 2.7 (2002), 2.7 (2001), 2.7 (2000), 2.7 (1999), 2.7 (1998)
Fiscal year:
calendar year
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