ES, LORCS, NAM, OAS, OECS,
OPANAL, UN, UNCTAD, UNESCO, UNIDO, UPU, WCL, WHO, WTO
Diplomatic representation in US:
chief of mission:
Ambassador Denneth MODESTE
chancery:
1701 New Hampshire Avenue NW, Washington, DC 20009
telephone:
(202) 265-2561
US diplomatic representation:
chief of mission:
Charge d'Affaires Ollie P. ANDERSON
embassy:
Point Salines, Saint George's
mailing address:
P. O. Box 54, Saint George's, Grenada, W.I.
telephone:
(809) 444-1173 through 1178
FAX:
(809) 444-4820
Flag:
a rectangle divided diagonally into yellow triangles (top and bottom)
and green triangles (hoist side and outer side) with a red border
around the flag; there are seven yellow five-pointed stars with three
centered in the top red border, three centered in the bottom red
border, and one on a red disk superimposed at the center of the flag;
there is also a symbolic nutmeg pod on the hoist-side triangle
(Grenada is the world's second-largest producer of nutmeg, after
Indonesia); the seven stars represent the seven administrative
divisions

@Grenada, Economy

Overview:
The economy is essentially agricultural and centers on the traditional
production of spices and tropical plants. Agriculture accounts for
about 15% of GDP and 80% of exports and employs 24% of the labor
force. Tourism is the leading foreign exchange earner, followed by
agricultural exports. Manufacturing remains relatively undeveloped,
but is expected to grow, given a more favorable private investment
climate since 1983. The economy achieved an impressive average annual
growth rate of 5.5% in 1986-91 but stalled in 1992. Unemployment
remains high at about 25%.
National product:
GDP - purchasing power equivalent - $250 million (1992 est.)
National product real growth rate:
-0.4% (1992 est.)
National product per capita:
$3,000 (1992 est.)
Inflation rate (consumer prices):
3.6% (1992 est.)
Unemployment rate:
25% (1992 est.)
Budget:
revenues:
$78 million
expenditures:
$51 million, including capital expenditures of $22 million (1991 est.)
Exports:
$19.9 million (f.o.b., 1992 est.)
commodities:
bananas, cocoa, nutmeg, fruit and vegetables, clothing, mace
partners:
Netherlands, UK, Trinidad and Tobago, United States
Imports:
$103.2 million (f.o.b., 1992 est.)
commodities:
food 25%, manufactured goods 22%, machinery 20%, chemicals 10%, fuel
6% (1989)
partners:
US 29%,