ANTIGUA
Location:
Antigua is located in the eastern Caribbean Sea, about 420 kilometres east-southeast of
Puerto Rico. Its total area is 440 square kilometres.
Population:
64,762 (July, 1994 estimate)
Languages:
English (official), local dialects
Government:
Antigua's government is a parliamentary democracy.
Legal System:
Antigua's legal system is based on English common law.
Telecommunications:
Antigua has a good automatic telephone system and has tropospheric scatter
links with Saba and Guadeloupe. It has one coaxial submarine cable and one
Atlantic Ocean INTELSAT earth station.
Economy:
The economy is primarily service oriented, with tourism the most important determinant
of economic performance. During the period 1986-91, real GDP expanded at an annual
average rate of about 6%. Tourism makes a direct contribution to GDP of about 13%
and also affects growth in other sectors - particularly in construction, communications
and public utilities. In 1992, reduced government capital spending and private sector
investment, dampened by recession in the major world economies, slowed economic
growth.
Industries:
Antigua's main industries are tourism, construction, light manufacturing (clothing,
alcohol, household appliances) and banking.
Currency:
1 EC dollar (EC$) = 100 cents
Exchange Rates:
East Caribbean dollars (EC$) per US$1 - 2.70 (fixed rate since 1976)
Related sites:
Antigua
Antigua: The Perfect Tax Haven
Antigua, West Indies
To the Offshore World home page.
To the Offshore Financial Centres page.