International organization participation: ACP, C, Caricom, CDB, ECLAC,
FAO, G-77, IBRD, ICAO, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF,
Interpol, IOC, ISO (subscriber), ITU, LAES, NAM, OAS, OECS, OPANAL,
UN, UNCTAD, UNESCO, UNIDO, UPU, WCL, WHO, WToO, WTrO
Diplomatic representation in the US: chief of mission: Ambassador Denis G. ANTOINE chancery: 1701 New Hampshire Avenue NW, Washington, DC 20009 telephone: [1] (202) 265-2561
Diplomatic representation from the US: chief of mission : the ambassador to Barbados is accredited to Grenada; Charge d'Affaires Dennis CARTER embassy: Point Salines, Saint George's mailing address: P. O. Box 54, Saint George's, Grenada, West Indies telephone : [1] (809) 444-1173 through 1178 FAX: [1] (809) 444-4820
Flag description: a rectangle divided diagonally into yellow triangles (top and bottom) and green triangles (hoist side and outer side) with a red border around the flag; there are seven yellow five-pointed stars with three centered in the top red border, three centered in the bottom red border, and one on a red disk superimposed at the center of the flag; there is also a symbolic nutmeg pod on the hoist-side triangle (Grenada is the world's second-largest producer of nutmeg, after Indonesia); the seven stars represent the seven administrative divisions
Economy
Economy - overview: The agriculturally based economy was hurt in 1996 by the emergence of the pink mealy bug which destroyed much of the cocoa harvest. Bananas, a major foreign exchange earner, also suffered due to falling prices, low production, and poor quality. Tourism, the leading foreign exchange earner, continued to do well, as did manufacturing. Construction boomed in 1996 due to concessions for low and middle income mortgages. The government introduced a 5% tax on electricity and telephones and doubled the general consumption tax, which caused a small rise in the inflation rate. The tourist industry faces stiff competition over the next few years.
GDP: purchasing power parity - $300 million (1996 est.)
GDP - real growth rate: 3% (1996 est.)
GDP - per capita: purchasing power parity - $3,160 (1996 est.)
GDP - composition by sector: agriculture: 10.2% industry: 40.3% services: 49.5% (1994 est.)