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The Siboney were the first people to inhabit the islands of Antigua and Barbuda in 2400 B.C., but Arawak Indians populated the islands when COLUMBUS landed on his second voyage in 1493. Early Spanish and French settlements were succeeded by an English colony in 1667. Slavery, established to run the sugar plantations on Antigua, was abolished in 1834. The islands became an independent state within the British Commonwealth of Nations in 1981.

Location

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

Natural Resources

NEGL; pleasant climate fosters tourism

Population - distribution

the island of Antigua is home to approximately 97% of the population; nearly the entire population of Barbuda lives in Codrington

English (official), Antiguan creole
SAINT JOHN'S (capital) 22,000 (2014)
Conventional long form
none
Conventional short form
Antigua and Barbuda
Local long form
Local short form
parliamentary democracy (Parliament) under a constitutional monarchy; a Commonwealth realm
Name
St. John's
Geographic coordinates
17 07 N, 61 51 W
Time difference
UTC-4 (1 hour ahead of Washington, DC, during Standard Time)
has not submitted an ICJ jurisdiction declaration; accepts ICCt jurisdiction
Tourism continues to dominate Antigua and Barbuda's economy, accounting for nearly 60% of GDP and 40% of investment. 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.
Inflation
0.969%
Total tax rate (% of commercial profits)
41.9%
Real Interest Rate
7.02%
Manufacturing, value added (% of GDP)
2.778%
Current Account Balance
US$ -204,399,949
Labor Force, Total
Employment in Agriculture
2.80%
Employment in Industry
15.64%
Employment in Services
81.55%
Unemployment Rate
8.40%
Imports of goods and services
US$ 686,701,667
Exports of goods and services
US$ 619,061,556
Total Merchandise Trade
35.54%
FDI, net inflows
US$ 154,058,519
Commercial Service Exports
US$ 452,410,222
cotton, fruits, vegetables, bananas, coconuts, cucumbers, mangoes, sugarcane; livestock
tourism, construction, light manufacturing (clothing, alcohol, household appliances)
Commodities
petroleum products, bedding, handicrafts, electronic components, transport equipment, food and live animals
Partners
Commodities
food and live animals, machinery and transport equipment, manufactures, chemicals, oil
Partners
Country Risk Rating
Business Climate Rating

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