Part 718

Legislative branch: unicameral House of Assembly (21 seats, 15 elected representatives and 6 appointed senators; members are elected by popular vote from single member constituencies to serve five-year terms) elections: last held 21 February 1994 (next to be held by NA May 1999) election results: percent of vote by party - NA; seats by party - NDP 12, ULP 3

Judicial branch: Eastern Caribbean Supreme Court (based on Saint Lucia); one judge of the Supreme Court resides in Saint Vincent

Political parties and leaders: New Democratic Party (NDP), James F. MITCHELL; United People's Movement (UPM), Adrian SAUNDERS; National Reform Party (NRP), Joel MIGUEL; Unity Labor Party (ULP),Vincent BEACHE - formed by the coalition of Saint Vincent Labor Party (SVLP) and the Movement for National Unity (MNU)

International organization participation: ACP, C, Caricom, CDB, ECLAC, FAO, G-77, IBRD, ICAO, ICFTU, ICRM, IDA, IFAD, IFRCS, ILO, IMF, IMO, Intelsat (nonsignatory user), Interpol, IOC, ITU, OAS, OECS, OPANAL, UN, UNCTAD, UNESCO, UNIDO, UPU, WCL, WFTU, WHO, WIPO, WTrO

Diplomatic representation in the US: chief of mission: Ambassador Kingsley C.A. LAYNE chancery : 3216 New Mexico Avenue NW, Washington, DC 20016 telephone: (202) 364-6730 FAX: (202) 364-6736

Diplomatic representation from the US: the US does not have an embassy in Saint Vincent and the Grenadines; the Ambassador to Saint Vincent and the Grenadines resides in Bridgetown (Barbados)

Flag description: three vertical bands of blue (hoist side), gold (double width), and green; the gold band bears three green diamonds arranged in a V pattern

Economy

Economy - overview: Agriculture, dominated by banana production, is the most important sector of this lower middle income economy. The services sector, based mostly on a growing tourist industry, is also important. The government has been relatively unsuccessful at introducing new industries, and high unemployment rates of 35%-40% continue. The continuing dependence on a single crop represents the biggest obstacle to the islands' development; tropical storms wiped out substantial portions of crops in both 1994 and 1995. The tourism sector has considerable potential for development over the next decade.

GDP: purchasing power parity - $259 million (1996 est.)

GDP - real growth rate: 3% (1996 est.)

GDP - per capita: purchasing power parity - $2,190 (1996 est.)

GDP - composition by sector: agriculture: 12% industry: 18% services: 70% (1995 est.)

Inflation rate - consumer price index: 3% (1996 est.)

Labor force: total: 67,000 (1984 est.) by occupation: agriculture 26%, industry 17%, services 57% (1980 est.)

Unemployment rate: 35%-40% (1994 est.)

Budget: revenues: $80 million expenditures: $118 million, including capital expenditures of $39 million (1996 est.)

Industries: food processing, cement, furniture, clothing, starch

Industrial production growth rate: NA%

Electricity - capacity: 20,000 kW (1993)

Electricity - production: 61.6 million kWh (1993)

Electricity - consumption per capita: 480 kWh (1993)

Agriculture - products: bananas, coconuts, sweet potatoes, spices; small numbers of cattle, sheep, pigs, goats; small fish catch used locally

Exports: total value: $55 million (f.o.b., 1996 est.) commodities : bananas, eddoes and dasheen (taro), arrowroot starch, tennis racquets partners: Caricom countries 57%, UK 29%, US 9% (1994)

Imports: total value : $122 million (f.o.b., 1996 est.) commodities: foodstuffs, machinery and equipment, chemicals and fertilizers, minerals and fuels partners: US 35%, Caricom countries 27%, UK 12% (1994)

Debt - external: $93 million (1996 est.)

Economic aid: recipient: ODA, $NA

Currency: 1 EC dollar (EC$) = 100 cents