St. Vincent and the Grenadines: Staff Report for the 1999 Article IV Consultation
This 1999 Article IV Consultation highlights that during 1990–98, St. Vincent and the Grenadines’ real annual GDP growth and inflation averaged 4 percent and 3 percent, respectively. Tourism’s importance to the economy grew, and agriculture’s fell, with other sectors’ contributions remaining relatively stable. In 1999, real GDP growth and inflation are expected to slow to about 4 percent and 2 percent, respectively. The overall public sector surplus is expected to increase slightly about 1 percent of GDP.
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Volume/Issue:
Volume 1999
Issue 141
Publication date: December 1999
ISBN: 9781451839906
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Business and Economics , Exports and Imports , Economics- Macroeconomics , Public Finance , ISCR , CR , government , authorities plan , ability to pay , economy , Vincentian authority , globalized economy , production pattern , island economy , ECCB supervise , Public sector , Agricultural commodities , Exports , Caribbean , Global
Summary
This 1999 Article IV Consultation highlights that during 1990–98, St. Vincent and the Grenadines’ real annual GDP growth and inflation averaged 4 percent and 3 percent, respectively. Tourism’s importance to the economy grew, and agriculture’s fell, with other sectors’ contributions remaining relatively stable. In 1999, real GDP growth and inflation are expected to slow to about 4 percent and 2 percent, respectively. The overall public sector surplus is expected to increase slightly about 1 percent of GDP.
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