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m, CDB, FAO, G-77, IBRD, ICAO, ICCt, ICRM, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, ISO (subscriber), ITU, ITUC, MIGA, NAM, OAS, OECS, OPANAL, OPCW, UN, UNCTAD, UNESCO, UPU, WCL, WFTU, WHO, WIPO, WMO, WTO Diplomatic representation in the US: chief of mission: Ambassador Deborah Mae LOVELL chancery: 3216 New Mexico Avenue NW, Washington, DC 20016 telephone: [1] (202) 362-5122 FAX: [1] (202) 362-5225 consulate(s) general: Miami Diplomatic representation from the US: the US does not have an embassy in Antigua and Barbuda; the US Ambassador to Barbados is accredited to Antigua and Barbuda Flag description: red, with an inverted isosceles triangle based on the top edge of the flag; the triangle contains three horizontal bands of black (top), light blue, and white, with a yellow rising sun in the black band Economy Antigua and Barbuda Economy - overview: Tourism continues to dominate the economy, accounting for more than half of GDP. Weak tourist arrival numbers since early 2000 have slowed the economy and pressed the government into a tight fiscal corner. The dual-island nation's agricultural production is focused on the domestic market and constrained by a limited water supply and a labor shortage stemming from the lure of higher wages in tourism and construction. Manufacturing comprises enclave-type assembly for export with major products being bedding, handicrafts, and electronic components. Prospects for economic growth in the medium term will continue to depend on income growth in the industrialized world, especially in the US, which accounts for slightly more than one-third of tourist arrivals. GDP (purchasing power parity): $750 million (2002 est.) GDP (official exchange rate): $905 million (2005 est.) GDP - real growth rate: 3.8% (2005 est.) GDP - per capita (PPP): $10,900 (2005 est.) GDP - composition by sector: agriculture: 3.8% industry: 22% services: 74.3% (2002 est.) Labor force: 30,000 Labor force - by occupation: agriculture: 7% industry: 11% services: 82% (1983) Unemployment rate: 11% (2001 est.) Population below poverty line: NA% Household income or consumption by percentage share: lowest 10%: NA% highest 10%: NA% Inflation rate (consumer prices): 0.9% (2005 est.) Budget: revenues: $123.7 million expenditures: $145.9 million; including capital expenditures
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