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The
Development Planning Unit
Government of the British Virgin Islands


Indicators>  Tourism Summary> Economic Impact Data


Economic Impact Data

AREA (Km2)  =  153.5
1995 1996 1997

1

POPULATION STATISTICS
Mid-year Population (000)

18.3

18.7

19.1

Labour Force (000)

11.1

11.3

11.7

Unemployment Rate (%)

3.56

3.56

3.56

2

PRICES AND MONEY
Average Inflation Rate (%)

5.14

4.30

5.97

Average Exchange Rate. (per US$)

1.00

1.00

1.00

3

GROSS DOMESTIC PRODUCT
Real GDP Growth (%)
Total GDP at Factor Cost

456.6

504.1

543.3

(a) Goods producing Sector #

39.2

40.4

41.2

(b) Services Sectors ##

417.4

463.7

502.1

of which: Hotel & Restaurants

57.4

64.6

70

# Includes agriculture, mining & Quarrying, Manufacturing, construction and electricity & Water
## Other sectors not included in (#)

4

CENTRAL GOVERNMENT REVENUE
Total Current Revenue

94,402

108,392

Direct Tax
Indirect Tax
Non-Tax Revenue
Tourism Related Taxes
Guest Tax
Accommodation tax
Cruise passenger Tax

5

MINIMUM MONTHLY WAGE RATES IN HOTELS & RESTAURANTS SECTOR
Cook
Waiter
Bartender
Cashier
Dishwasher
Maid
Houseman - General hand
Receptionist

6

MERCHANDISE TRADE (000)
Imports of Goods (000)

130,827

158,376

166,378

Exports of Goods

5,197

5,862

6,032

Domestic Export
Main Domestic Export (000)
Fish
Rum

7

NATIONAL DEBT (000)
Long-term External Debt
Debt disbursed and outstanding, Public and publicly guaranted

8

COMMERCIAL BANK LENDING (000)
Goods-producing Sectors
Services sectors
of which: Hotel & Restaurants

 

 

 


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