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Saint Kitts and Nevis Economy |
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Economy - overview:sugar was the traditional mainstay of the saint kitts economy until the 1970s. although the crop still dominates the agricultural sector. activities such as tourism. export-oriented manufacturing. and offshore banking have assumed larger roles in the economy. tourism revenues are now the chief source of the islands' foreign exchange. the opening of a 470-room resort in february 2003 was expected to bring in much-needed revenue.
GDP (purchasing power parity)
: $339 million (2002 est.)
Inflation rate: 1.7% (2001 est.)
Labor force
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18.170 (june 1995)
Industries: sugar processing. tourism. cotton. salt. copra. clothing. footwear. beverages |
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 Saint Kitts and Nevis More Facts |
Electricity - production:
111.7 million kwh (2003)
Oil - production: 0 bbl/day (2003 est.)
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Saint Kitts and Nevis More Facts |
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Exports:
$70 million (2004 est.)
Imports
: $405 million (2004 est.)
Currency (code)
: east caribbean dollar (xcd)
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