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Colonized by English settlers from Saint Kitts in 1650, Anguilla was administered by Great Britain until the early 19th century, when the island - against the wishes of the inhabitants - was incorporated into a single British dependency along with Saint Kitts and Nevis. Several attempts at separation failed. In 1971, two years after a revolt, Anguilla was finally allowed to secede; this arrangement was formally recognized in 1980, with Anguilla becoming a separate British dependency.

Location

Caribbean, islands between the Caribbean Sea and North Atlantic Ocean, east of Puerto Rico

Natural Resources

salt, fish, lobster

Population - distribution

most of the population is concentrated in The Valley in the center of the island; settlement is fairly uniform in the southwest, but rather sparse in the northeast

English (official)
THE VALLEY (capital) 1,000 (2014)
Conventional long form
none
Conventional short form
Anguilla
Local long form
Local short form
parliamentary democracy (House of Assembly); self-governing overseas territory of the UK
Name
The Valley
Geographic coordinates
18 13 N, 63 03 W
Time difference
UTC-4 (1 hour ahead of Washington, DC, during Standard Time)
Anguilla has few natural resources, and the economy depends heavily on luxury tourism, offshore banking, lobster fishing, and remittances from emigrants. Increased activity in the tourism industry has spurred the growth of the construction sector contributing to economic growth. Anguillan officials have put substantial effort into developing the offshore financial sector, which is small but growing. In the medium term, prospects for the economy will depend largely on the tourism sector and, therefore, on revived income growth in the industrialized nations as well as on favorable weather conditions.
Inflation
None%
Total tax rate (% of commercial profits)
None%
Real Interest Rate
None%
Manufacturing, value added (% of GDP)
None%
Current Account Balance
US$
Labor Force, Total
Employment in Agriculture
%
Employment in Industry
%
Employment in Services
%
Unemployment Rate
%
Imports of goods and services
US$
Exports of goods and services
US$
Total Merchandise Trade
%
FDI, net inflows
US$
Commercial Service Exports
US$
small quantities of tobacco, vegetables; cattle raising
tourism, boat building, offshore financial services
Commodities
lobster, fish, livestock, salt, concrete blocks, rum
Partners
Commodities
fuels, foodstuffs, manufactures, chemicals, trucks, textiles
Partners
Country Risk Rating
Business Climate Rating

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