Plummeted ECCU GDP

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GDP 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020Pr 5. 0. -5. -10. -15. -20. Hotels and Restaurants Construction Economic Performance The Eastern Caribbean Currency Union (ECCU) is comprised of eight member countries - Anguilla, Antigua and Barbuda, Commonwealth of Dominica, Grenada, Montserrat, Saint Christopher (St Kitts) and Nevis, Saint Lucia and Saint Vincent and the Grenadines. Saint Lucia updated its GDP base year to 2018 while the other ECCU member countries continue to utilize base year 2006. For the purpose of the ECCU GDP consolidation, Saint Lucia's GDP was re- indexed to base year 2006 using data for base year 2018. Pr - Preliminary. Notes Final Goods $ Value Services Measure Gross Domestic Product -17.0% Source: ECCU Central Statistics Offices and The Eastern Caribbean Central Bank (ECCB) ECCU GDP Plummeted in 2020 Transportation, Storage and Communication Wholesale and Retail Trade Real Estate, Renting and Business Activities -59.4% -19.8% -19.8% -17.2% -12.9% Saint Christopher Saint Christopher Saint Christopher (St Kitts) and (St Kitts) and (St Kitts) and Nevis Nevis Nevis -14.4% -29.9% Anguilla Anguilla Anguilla Antigua Antigua Antigua and and and Barbuda Barbuda Barbuda -20.2% Commonwealth Commonwealth Commonwealth of of of Dominica Dominica Dominica -16.6% Saint Lucia Saint Lucia Saint Lucia -20.4% Saint Vincent and the Saint Vincent and the Saint Vincent and the Grenadines Grenadines Grenadines -3.3% Grenada Grenada Grenada -13.8% Montserrat Montserrat Montserrat -5.3% Stats&Facts #1 5.5% 10.3% 14.1% 9.3% 15.3% Real GDP Growth Rate (%) At the ECCU level, provisional estimates point to a 17 percent contraction in economic activity Year

Transcript of Plummeted ECCU GDP

Page 1: Plummeted ECCU GDP

GDP

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020Pr

5.

0.

-5.

-10.

-15.

-20.

Hotels and Restaurants

Construction

EconomicPerformance

The Eastern Caribbean Currency Union (ECCU) is comprised of eight member countries - Anguilla,Antigua and Barbuda, Commonwealth of Dominica, Grenada, Montserrat, Saint Christopher (St Kitts)and Nevis, Saint Lucia and Saint Vincent and the Grenadines.

Saint Lucia updated its GDP base year to 2018 while the other ECCU member countries continue toutilize base year 2006. For the purpose of the ECCU GDP consolidation, Saint Lucia's GDP was re-indexed to base year 2006 using data for base year 2018.

Pr - Preliminary.

Notes

Final Goods$ Value Services

Measure Gross DomesticProduct

-17.0%

Source: ECCU Central Statistics Offices and The Eastern Caribbean Central Bank (ECCB)

ECCU GDPPlummeted

in 2020

Transportation,Storage and

Communication

Wholesaleand Retail

Trade

Real Estate,Renting and

BusinessActivities

-59.4%

-19.8%

-19.8%

-17.2%

-12.9%

Saint ChristopherSaint ChristopherSaint Christopher(St Kitts) and(St Kitts) and(St Kitts) and

NevisNevisNevis-14.4%

-29.9%AnguillaAnguillaAnguilla

AntiguaAntiguaAntiguaandandand

BarbudaBarbudaBarbuda-20.2%

CommonwealthCommonwealthCommonwealthof of of DominicaDominicaDominica

-16.6%

Saint LuciaSaint LuciaSaint Lucia-20.4%

Saint Vincent and theSaint Vincent and theSaint Vincent and theGrenadinesGrenadinesGrenadines

-3.3%

GrenadaGrenadaGrenada-13.8%

MontserratMontserratMontserrat-5.3%

Stats&Facts

#1

5.5%

10.3%

14.1%

9.3%

15.3%

Real

GD

P G

row

th R

ate

(%)

At the ECCU level, provisional estimates point to a17 percent contraction in economic activity

Year