@Virgin Islands:Economy

Overview: Tourism is the primary economic activity, accounting for more than 70% of GDP and 70% of employment. The manufacturing sector consists of textile, electronics, pharmaceutical, and watch assembly plants. The agricultural sector is small, most food being imported. International business and financial services are a small but growing component of the economy. One of the world's largest petroleum refineries is at Saint Croix.

National product: GDP - purchasing power parity - $1.2 billion (1987 est.)

National product real growth rate: NA%

National product per capita: $11,000 (1987)

Inflation rate (consumer prices): NA%

Unemployment rate: 3.7% (1992)

Budget:
revenues: $364.4 million
expenditures: $364.4 million, including capital expenditures of $NA
(1990 est.)

Exports: $2.8 billion (f.o.b., 1990) commodities: refined petroleum products partners: US, Puerto Rico

Imports: $3.3 billion (c.i.f., 1990) commodities: crude oil, foodstuffs, consumer goods, building materials