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; People's Action Movement or PAM [Lindsey GRANT]; Saint Kitts and Nevis Labor Party or SKNLP [Dr. Denzil DOUGLAS] Political pressure groups and leaders: NA International organization participation: ACP, C, Caricom, CDB, ECLAC, FAO, G-77, IBRD, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, OAS, OECS, OPANAL, OPCW (signatory), UN, UNCTAD, UNESCO, UNIDO, UPU, WCL, WHO, WIPO, WTrO Diplomatic representation in the US: Ambassador Dr. Izben Cordinal WILLIAMS chancery: 686-2636 FAX: [1] (202) 686-5740 Diplomatic representation from the US: the US does not have an embassy in Saint Kitts and Nevis; the US Ambassador in Barbados is accredited to Saint Kitts and Nevis Flag description: divided diagonally from the lower hoist side by a broad black band bearing two white, five-pointed stars; the black band is edged in yellow; the upper triangle is green, the lower triangle is red Economy Saint Kitts and Nevis Economy - overview: Sugar was the traditional mainstay of the St. Kitts economy until the 1970s. Although the crop still dominates the agricultural sector, activities such as tourism, export-oriented manufacturing, and offshore banking have assumed larger roles in the economy. As tourism revenues are now the chief source of the islands' foreign exchange, a decline in stopover tourist arrivals following the September 11 terrorist attacks has eroded government finances. The government revised estimates of 2001 growth down to 1% and faces dim recovery prospects in 2002, given the depressed state of the tourism industry, low sugar prices, and a growing budget deficit. GDP: purchasing power parity - $339 million (2001 est.) GDP - real growth rate: 1% (2001 est.) GDP - per capita: purchasing power parity - $8,700 (2001 est.) GDP - composition by sector: agriculture: 3.5% industry: 25.8% services: 70.7% (2001) Population below poverty line: NA% Household income or consumption by percentage share: lowest 10%: NA% highest 10%: NA% Inflation rate (consumer prices): 1.7% (2001 est.) Labor force: 18,172 (June 1995) Labor force - by occupation: NA Unemployment rate: 4.5% (1997) Budget: revenues: $85.7 million expenditures: $95.6 million, including capital expenditures of $NA (2001 est.) Industries: sugar processing, tourism, cotton, salt, copra, clothing, footwear, beverages Industrial production growth rate: NA% Electricity - production: 95 million
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