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    EXPORTS

    OECS 1990 1995 2000 2003 90-95 95-00 00-03 1990-1995 1995-2000 2000-2003

    Services 954 1,220 1,215 OECS 4.7 3.7 -0.1

    Goods 330 322 320 Antigua & 3.1 3.0 0.1

    EX G&S 1,022 1,285 1,542 1,536 OECS 4.7 3.7 -0.1 Dominica 4.5 5.3 -5.7

    Grenada 5.9 13.8 -6.6

    antigua St. Kitts & 4.4 5.7 5.7

    Services 312 348 416 420 St. Lucia 7.2 -1.6 3.8Goods 33 53 50 47 St. Vincent 0.9 5.5 -0.4

    EX G&S 345 402 466 467 Antigua 3.1 3.0 0.1dominica

    Services 33 61 90 80

    Goods 56 50 55 41 Figure 2.1. Export Growth Performance, 19

    EX G&S 89 112 144 121 Domini 4.5 5.3 -5.7

    grenada

    Services 64 99 153 139

    Goods 29 25 83 53

    EX G&S 93 124 236 192 Grenad 5.9 13.8 -6.6

    st kitts

    Services 54 82 99 107

    Goods 28 20 36 52

    EX G&S 82 102 135 159 St. Kitt 4.4 5.7 5.7

    st luciaServices 151 265 321 327

    Goods 131 133 47 85

    EX G&S 282 398 368 412 St. Luci 7.2 -1.6 3.8st vincent

    Services 45 74 126 131

    Goods 85 62 52 45

    EX G&S 130 136 178 176 St. Vinc 0.9 5.5 -0.4

    658 930 1,205 1,204

    363 343 322 323

    1,022 1,273 1,527 1,527 4.5 3.7 0.0

    OECSAntigua & Barbuda

    DominicaGrenada

    St. Kitts &

    -7.0

    -3.5

    0.0

    3.5

    7.0

    10.5

    14.0

    GrowthRate(%)

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    LuciaSt. Vincent & Grens.

    1990-1995

    1995-2000

    2000-2003

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    OECS Services Exports us$ mn

    1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003

    Travel 680 751 728 758 803 845 846 853 788 774 914

    Commercial 100 104 117 139 161 203 266 230 199 188 156

    Transportation 98 101 103 106 114 112 103 114 129 126 131

    Figure 3.1 OECS Services Exports by Area, 1993-2003

    1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003

    0%

    20%

    40%

    60%

    80%

    100%

    Travel Commercial Transportation

    Shareoftotal.

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    OECS Services Trade

    1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003

    Exports 886 964 954 1 ,008 1 ,091 1 ,177 1 ,237 1 ,220 1 ,138 1 ,104 1 ,215

    Imports 397 431 479 510 551 589 625 573 576 604 613

    Figure 3.2 OECS: Services Trade, 1993-2003

    1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003

    300

    500

    700

    900

    1,100

    1,300

    US$Millions

    .

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    OECS Tourism Statistics, 1993-2003

    Numbers ('000)

    1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003

    United States 244 264 253 236 241 254 254 251 245 259 267

    Europe 224 255 234 244 260 253 276 285 244 236 270

    Caribbean 171 182 186 196 201 211 218 214 221 252 283

    Other Countries 112 116 105 111 122 118 113 111 104 90 99

    Cruise Ship Passengers 833 917 988 1,060 1,200 1,408 1,312 1,544 1,582 1,206 1,314

    Figure 3.3 OECS Stopover Arrivals by Origin, 1993-2003

    1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003

    100

    150

    200

    250

    300

    United States Europe Caribbean

    Visitors('000)

    .

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    OECS: Real Exchange Rates, 1990-2003

    1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 90-

    Tourism-based RER 100.0 100.5 101.5 109.0 106.0 105.0 105.5 102.5 103.0 103.5 105.0 106.0 104.5 99.7 1.0

    Figure 3.4 OECS Real Exchange Rate (Tourism-based), 1990-2003

    1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003

    95

    100

    105

    110

    REERIndex

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    Table 3.1 Tourism Competitiveness Monitor, 2004

    Price Infra- Environ- Tech- Human Open-

    Comp. structure ment nology Resources ness Social

    Index Rank Index Rank Index Rank Index Rank Index Rank Index Rank Index Rank

    Antigua & Barbuda 6 (118) 57 (73) 90 (45) 44 (99) 86 (5) 69 (38)

    Dominica 37 (84) 40 (131) 67 (76) 37 (106) 47 (101) 65 (51)

    Grenada 81 (6) 48 (95) 62 (82) 55 (82) 48 (96) 69 (41)

    St. Kitts & Nevis 5 (120) 73 (16) 66 (49) 70 (68) 96 (9) 70 (44) 69 (37)

    St. Lucia 12 (112) 65 (51) 60 (83) 63 (61) 59 (73) 74 (28)

    St. Vincent & Grens. 79 (8) 47 (98) 54 (90) 39 (105) 67 (56) 64 (54)

    OECS Avg. 15 78 54 67 56 63 68

    The Bahamas 69 (27) 51 (91) 77 (59) 63 (61) 72 (37) 58 (69)

    Barbados 27 (98) 87 (3) 43 (121) 79 (56) 84 (25) 73 (33) 67 (44)

    Jamaica 18 (109) 63 (39) 19 (164) 72 (64) 51 (90) 79 (17) 64 (52)

    Trinidad & Tobago 19 (108) 69 (24) 16 (170) 66 (78) 60 (66) 52 (92) 67 (43)

    Other CARICOM 21 72 32 74 65 69 64

    Costa Rica 55 (56) 72 (17) 55 (83) 77 (58) 60 (66) 52 (91) 54 (79)

    Cuba 63 (40) 41 (130) 57 (87) 72 (43) 60 (63)

    Dominican Rep. 58 (51) 54 (57) 42 (127) 42 (106) 49 (96) 63 (65) 42 (107)

    Puerto Rico 88 (9) 85 (50) 47 (102)

    Hispanic Carib. 57 63 57 65 60 54 52

    Source: WTTC Competitiveness Monitor (2004).

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    Tourism

    Index

    Avg.

    59

    49

    61

    64

    56

    58

    65

    66

    52

    50

    61

    59

    50

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    Tourism

    1997 1998 1999 2000 2001 2002 2003

    Antigua & Barbuda 2.0 13.9 21.5 7.3 19.6 10.3 4.1 11 12 10

    Dominica 3.1 0.7 7.8 3.6 5.9 4.9 3.6 4 4 5

    Grenada 0.3 7.4 7.4 14.7 16.0 27.0 38.8 16 5 24

    St. Kitts & Nevis 4.0 16.5 45.7 51.8 62.7 67.9 40.5 41 22 56St. Lucia 9.3 42.6 69.0 26.7 0.0 14.4 22.7 25 46 9

    St. Vincent & Grens. 78.0 78.0 42.6 16.9 1.2 3.3 7.3 32 66 7

    Figure 3.5 FDI Inflows into Tourism Sectors, 1997-2003

    1997 1998 1999 2000 2001 2002 2003

    0

    10

    20

    30

    40

    50

    60

    70

    80

    Grenada St. Kitts & Nevis St. Lucia St. Vincent & Grens.

    US$Millions

    .

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    OECS Merchandise Trade

    1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003

    Exports 362 303 330 272 281 304 278 322 282 287 320

    Imports 938 1,138 1,117 1,205 1,259 1,453 1,861 2,016 1,579 1,702 1,709

    Figure 4.1 OECS: Merchandise Trade, 1993-2003

    1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003

    0

    300

    600

    900

    1,200

    1,500

    1,800

    2,100

    US$Millions

    .

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    OECS Exports (US$ mn)

    1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003

    33 34 36 37 43 51 50 48 53 57 61

    OECS 52 42 44 35 38 37 40 42 36 39 45US / Canada 82 67 70 42 64 66 50 81 67 74 105

    EU 141 123 127 129 103 118 103 106 92 75 77

    Rest of World 53 37 53 29 33 32 35 44 33 41 33

    362 303 330 272 281 304 278 322 282 287 320

    Figure 4.2 OECS Merchandise Exports by Destination, 1993-2003

    CARICOM(non-OECS)

    1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003

    0

    50

    100

    150

    200

    250

    300

    350

    400

    Rest of World

    EU

    US / Canada

    OECSCARICOM(non-OECS)

    US$Millions

    .

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    Product Exports (US$ mn)

    1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003

    Food & Agriculture 177.9 150.5 163.7 153.6 147.5 109.5 144.0 125.4 117.6 108.9 101.0

    Manufactures 121.1 107.9 112.5 79.1 90.5 50.1 120.0 191.0 122.4 119.2 156.5

    Fuels & Metals 0.2 0.8 0.8 1.0 1.4 0.4 2.7 3.7 1.9 11.1 14.2

    Other 0.4 0.1 0.2 0.0 3.8 0.0 0.1 0.3 0.0 1.8 1.7

    Figure 4.3 OECS Sector Composition of Exports, 1993-2003

    1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003

    0%

    10%

    20%

    30%

    40%

    50%

    60%

    70%

    80%

    90%

    100%

    Food & Agriculture Manufactures Fuels & Metals Other

    P

    ercentoftotal

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    Table 4.1 Top 20 Products Exported to the World and CARICOM, 2000-2003

    World Share Acc. CARICOM Share Acc.

    Code Product Description (%) Share Code Product Description (%) Share

    0573 Bananas, fresh or dried 17.8 17.8 5541 Soap; organic surface-active product 11.2 11.2

    7721 Elect's such as switches & relays 9.1 26.9 04601 Flour of wheat or of meslin 10.3 21.4

    07524 Nutmeg, mace and cardamoms 5.1 32.0 1123 Beer made from malt 8.4 29.85541 Soap; organic surface-active product 4.5 36.5 5530 Perfumery, cosmetics, etc 7.3 37.2

    04601 Flour of wheat or of meslin 3.6 40.1 33421 Kerosene 4.9 42.1

    1123 Beer made from malt 3.0 43.1 0573 Bananas, fresh or dried 3.5 45.6

    5530 Perfumery, cosmetics, etc 2.5 45.6 11102 Lemonade & flavoured waters 3.0 48.6

    77884 Elect. capacitors & condensers 2.2 47.8 04221 Rice, semi/wholly milled 3.0 51.5

    7599 Parts for office machines 2.2 50.0 05481 Manioc, arrowroot, salep 2.8 54.3

    77323 Electrical insulators of ceramic 2.1 52.1 08199 Sweetened forage 2.5 56.8

    0611 Sugars, beet and cane 1.9 54.0 7810 Passenger motor cars, for transport 2.3 59.1

    33421 Kerosene 1.8 55.8 64243 Toilet paper in rolls 2.2 61.4

    05481 Manioc, arrowroot, salep 1.6 57.4 53342 Other paints & enamels 2.1 63.5

    79321 Yachts & other vessels for pleasure 1.6 59.0 5542 Organic surface-active agents, n.e.s. 1.8 65.4

    7810 Passenger motor cars, for transport 1.3 60.2 59141 Disinfectants packed for sale 1.8 67.2

    11102 Lemonade & flavoured waters 1.2 61.5 67491 Other sheets & plates 1.8 69.07643 Radiotelegraphic & radiotelephonic 1.2 62.7 05797 Avocados, mangoes, guavas 1.4 70.4

    04221 Rice, semi/wholly milled 1.2 63.8 04212 Rice, husked 1.1 71.5

    7723 Resistors, fixed or variable 1.1 64.9 72346 Other excavating & extracting eq't 0.8 72.4

    08199 Sweetened forage 0.9 65.8 81242 Lamps & lighting fittings 0.8 73.2

    Top 20 Exports 65.8 Top 20 Exports 73.2

    Total (1,077 products) 100.0 Total (627 products) 100.0

    Source: Author using UN-COMTRADE.

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    OECS: Real Exchange Rates, 1990-2003

    1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003

    CPI-based REER 100.0 105.5 107.0 117.5 115.0 108.5 111.0 122.0 133.5 139.0 142.0 148.5 145.5 132.0

    Figure 4.4 OECS Real Effective Exchange Rate (CPI-based), 1990-2003

    1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003

    90

    100

    110

    120

    130

    140

    150

    REERIndex

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    Table 4.2 OECS Market Penetration in CARICOM, 1993-2003

    1993 1999 2003

    Market 3 1 2

    flour of wheat, flour of wheat flour of wheat,

    > 25% vegetable oils, scrap metal

    soap

    2 2 6

    fresh fish,

    Market fruit & nuts (bananas), fruit & nuts (bananas), crustaceans & molluscs,

    Share non-alcoholic beverages soap fruit & nuts (bananas),

    > 10% alcoholic beverages

    stone & sand, and soap

    Source: Author using UN-COMTRADE.

    Share

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    Int'l Competitiveness of OECS Exports (All) (All)

    Export Share World Import Export Sum

    Code Product AAGR 97-03 AAGR 97-03 1997-2003 Category Category Count

    057 Fruit & nuts(not includ. oil nuts), -12% 4% 26% Underachiever Champion 8

    772 Elect.app.such as switches,relays,f 7% 6% 9% Champion Achiever in Adver 1

    554 Soap,cleansing and polishing prepar -12% 7% 7% Underachiever Underachiever 9

    075 Spices 2% 3% 6% Champion Declining Sector 2

    046 Meal and flour of wheat and flour o 1% -8% 4% Achiever in Adversity Total 20

    061 Sugar and honey -16% -1% 4% Declining Sector

    112 Alcoholic beverages 8% 5% 3% Champion Total 197

    553 Perfumery,cosmetics and toilet prep 17% 9% 3% Champion

    642 Paper and paperboard,cut to size or -5% 4% 2% Underachiever

    054 Vegetab.,fresh,chilled,frozen/pres. -8% 5% 2% Underachiever

    042 Rice -8% 0% 2% Declining Sector

    778 Electrical machinery and apparatus, 51% 5% 2% Champion

    034 Fish,fresh (live or dead),chilled o -9% 4% 2% Underachiever

    773 Equipment for distributing electric 56% 4% 2% Champion

    759 Parts of and accessories suitable f -15% 5% 2% Underachiever

    111 Non alcoholic beverages,n.e.s. -3% 10% 1% Underachiever

    793 Ships,boats and floating structures 16% 9% 1% Champion

    845 Outer garments and other articles,k -18% 5% 1% Underachiever

    081 Feed.stuff for animals(not incl.unm 1% 1% 1% Champion

    716 Rotating electric plant and parts -10% 5% 1% Underachiever

    764 Telecommunications equipment and pa 15.1% 7.7% 1.0% Champion723 Civil engineering & contractors pla 23.8% 3.9% 0.9% Champion

    533 Pigments,paints,varnishes & related -6.7% 5.7% 0.9% Underachiever

    334 Petroleum products,refined 94.2% 7.5% 0.8% Champion

    551 Essential oils,perfume and flavour -7.5% 8.8% 0.8% Underachiever

    781 Passenger motor cars,for transport -15.0% 7.1% 0.8% Underachiever

    273 Stone,sand and gravel 9.3% 1.8% 0.7% Champion

    591 Disinfectants,insecticides,fungicid -2.6% 2.1% 0.7% Underachiever

    674 Universals,plates and sheets,of iro 1.6% 4.0% 0.7% Champion

    098 Edible products and preparations n. -4.5% 6.2% 0.7% Underachiever

    072 Cocoa -11.7% 8.6% 0.6% Underachiever

    893 Art icles of materials described in -12.6% 6.8% 0.6% Underachiever

    892 Printed matter 11.3% 3.8% 0.4% Champion

    782 Motor vehicles for transport of goo 37.3% 4.7% 0.4% Champion

    728 Mach.& equipment specialized for pa 30.9% 1.7% 0.4% Champion

    846 Under garments,knitted or crocheted -8.2% 5.5% 0.4% Underachiever

    843 Outer garments,women's,of textile f -3.6% 4.9% 0.4% Underachiever

    658 Made-up art icles,wholly/chiefly of -38.8% 8.5% 0.3% Underachiever

    713 Internal combustion piston engines -6.2% 6.4% 0.3% Underachiever

    592 Starches,inulin & wheat gluten;albu -19.0% 4.3% 0.3% Underachiever

    821 Furniture and parts thereof 7.3% 9.3% 0.3% Champion

    036 Crustaceans and molluscs,fresh,chil 20.9% 2.4% 0.3% Champion

    744 Mechanical handling equip.and parts 35.5% 2.0% 0.2% Champion

    691 Structures & parts of struc.;iron,s 6.7% 4.2% 0.2% Champion

    771 Electric power machinery and parts 5.2% 3.1% 0.2% Champion

    763 Gramophones,dictating,sound recorde 47.9% 13.2% 0.2% Champion

    776 Thermionic,cold & photo-cathode val -10.6% 6.6% 0.2% Underachiever

    874 Measuring,checking,analysing instru 7.7% 5.0% 0.2% Champion899 Other miscellaneous manufactured ar -20.4% 9.2% 0.2% Underachiever

    048 Cereal prepar. & preps. of flour of -0.8% 6.7% 0.2% Underachiever

    635 Wood manufactures,n.e.s. 8.5% 5.5% 0.2% Champion

    091 Margarine and shortening -9.1% 3.0% 0.2% Underachiever

    812 Sanitary,plumbing,heating,lighting 73.7% 7.3% 0.2% Champion

    897 Jewellery,goldsmiths and other art. -5.0% 5.2% 0.2% Underachiever

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    Export

    Share

    27%

    4%

    44%

    6%

    80.6%

    100.0%

    Figure 4.5 Competitiveness of OECS Exports, 1997-2003

    -40% -20% 0% 20% 40% 60%

    -12%

    -6%

    0%

    6%

    12%

    Avg. Ann. Increase in OECS World Market Share

    A

    vg.Ann.Growt h

    inWorldImpor t

    s

    .

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    Table 4.3 OECS: Trends in Export Specialization Index by Destination, 1993-96 to 2000-03

    222 World 192 CARICOM 166 European Union 189 United States

    Increase ESI No. Products No. Products No. Products No. Products

    Total 22 16 16 20

    Food/Tobacco 9 (034,036,046,054,075, 6 (036,046,057,075, 7 (034,042,054,072, 5 (022,025,046,

    081,098,111,112) 081,112) (075,098,111) 075,111)

    Crude Materials 6 (273,533,551,553, 4 (273,282,553,591) 3 (273,551,562) 3 (263,273,551)

    591,592)Manufactures 7 (691,723,759,772,773, 6 (674,736,763,812, 6 (759,763,772,773, 11 (621,657,723,727,759,772,

    778,793) 844,846) 793,892) 773,778,786,881,892)

    Others 0 0 0 1 (951)

    No Change

    Total 2 5 1 2

    Food/Tobacco 1 (042) 3 (042,054,122) 1 (061) 1 (034)

    Crude Materials 1 (554) 2 (288,592) 0 0

    Manufactures 0 0 0 1 (764)

    Others 0 0 0 0

    Decrease ESI

    Total 8 5 1 13

    Food/Tobacco 4 (057,061,072,091) 2 (091,111) 1 (057) 2 (054,098)

    Crude Materials 0 2 (533,554) 0 3 (269,554,592)

    Manufactures 3 (642,716,845) 1 (642) 0 7 (656,692,716,771,

    793,845,847)

    Others 1 (941) 0 0 1 (941)

    World CARICOM European Union United States

    No ESI

    Total 190 166 148 154

    of which lost: 10 12 1 19

    Food/Tobacco 0 1 (058) 0 3 (036,057,072)

    Crude Materials 2 (269,424) 1 (424) 0 3 (277,282,553)

    Manufactures 8 (696,697,843,844, 8 (641,681,697,723, 1 (893) 13 (658,694,696,742,744,842,

    846,848,893,897) 775,831,881,899) 843,844,846,848,884,893,897)

    Others 0 2 (941,961) 0 0

    Note: See Table 16 of the Statistical Appendix for a list of SITC Revision 2, three-digit sectors/products.

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    Source: Author's calculations using UN-COMTRADE.

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    Table 4.4 Trade Complementarity Index, 1993-2003

    Export Profile Import Profile 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 93-98 98-03

    OECS CARICOM 1.4 1.6 1.7 1.5 1.8 1.5 2.2 1.9 2.0 2.0 1.9 1.60 1.92

    United States 0.8 0.8 0.7 0.7 0.7 0.8 0.7 0.8 0.8 0.8 0.8 0.75 0.77

    European Union 1.2 1.2 1.2 1.2 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.18 1.11

    Dominica CARICOM 1.3 1.7 1.9 1.9 1.9 .. 2.3 2.3 2.1 2.3 1.9 1.72 2.16

    United States 0.6 0.6 0.5 0.5 0.5 .. 0.6 0.6 0.6 0.6 0.6 0.56 0.56

    European Union 1.3 1.4 1.4 1.4 1.4 .. 1.3 1.3 1.3 1.3 1.3 1.36 1.30

    Grenada CARICOM 1.5 1.7 1.8 1.6 1.8 1.6 2.8 1.5 1.7 2.4 2.8 1.67 2.13

    United States 1.0 0.9 0.8 0.8 0.9 1.0 0.9 0.9 0.9 0.8 0.9 0.89 0.89

    European Union 1.1 1.1 1.1 1.0 1.0 1.0 0.9 0.9 0.9 1.0 1.0 1.05 0.96

    St. Kitts CARICOM 2.1 2.5 2.6 2.6 2.3 .. 1.7 1.7 1.4 1.0 1.1 2.42 1.40

    & Nevis United States 0.8 0.7 0.7 0.7 0.8 .. 0.8 0.8 0.7 0.8 0.7 0.76 0.76

    European Union 1.0 0.9 0.9 0.9 0.9 .. 0.9 0.9 0.9 0.9 0.9 0.91 0.90

    St. Lucia CARICOM 0.7 0.8 0.9 0.6 0.8 0.8 1.1 1.2 1.0 1.4 1.4 0.79 1.17United States 1.0 0.9 0.9 0.8 0.8 0.8 0.9 1.0 1.0 0.9 1.0 0.87 0.94

    European Union 1.2 1.3 1.3 1.3 1.3 1.3 1.3 1.2 1.2 1.1 1.1 1.27 1.21

    St. Vincent CARICOM 2.7 2.7 2.6 2.0 2.7 2.3 3.3 2.6 3.6 2.9 3.0 2.49 2.95

    & the Grens. United States 0.6 0.6 0.6 0.6 0.5 0.6 0.6 0.6 0.6 0.7 0.7 0.60 0.64

    European Union 1.2 1.1 1.1 1.1 1.0 1.1 1.1 1.1 1.1 1.2 1.2 1.10 1.12

    Note: OECS excludes Antigua & Barbuda and Montserrat.

    Source: Author using UN-COMTRADE.

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    Table 5.1 Commercial Banks' Lending Rates, 1995-2004

    Prime Rates Other Rates

    Lending Rates (%) 1995 2000 2004 1995 2000 2004

    Antigua & Barbuda 10.0 - 11.5 10.0 - 11.5 10.0 - 11.5 7.0 - 24.0 6.5 - 24.0 3.0 - 23.6

    Dominica 9.0 - 10.5 9.5 - 10.5 8.5 - 10.5 7.5 - 19.0 7.5 - 20.8 7.5 - 20.0

    Grenada 9.5 - 10.5 9.5 - 10.5 8.5 - 9.5 7.0 - 16.0 5.8 - 16.0 3.0 - 16.0

    Montserrat 10.0 - 10.5 9.5 - 10.5 9.5 - 9.5 9.0 - 27.6 9.0 - 27.6 9.0 - 19.5

    St. Kitts & Nevis 9.5 - 12.0 9.5 - 11.0 8.5 - 9.0 9.0 - 21.6 8.5 - 19.9 7.5 - 22.0

    St. Lucia 9.0 - 10.0 9.5 - 10.5 9.5 - 10.0 8.5 - 23.0 7.5 - 23.0 6.0 - 23.5

    St. Vincent & Grens. 9.5 - 11.0 9.5 - 11.0 9.0 - 11.0 7.0 - 16.5 5.0 - 16.5 3.0 - 21.6

    OECS 9.0 - 12.0 9.5 - 11.5 8.5 - 11.5 7.0 - 27.6 5.0 - 27.6 3.0 - 23.6

    Source: ECCB (2005).

  • 8/9/2019 OECS Report Charts and Graphs Assessment of Trade Performance

    22/22

    Dominica 27

    St. Vin. & Grens. 26.5

    OECS (avg) 22.6

    Grenada 22

    St. Lucia 21Barbados 18

    Suriname 17

    St. Kitts 16

    Jamaica 16

    Dom. Rep. 9.5

    Trin. & Tob. 3

    Figure 5.1 Electricity Costs

    Dominica

    St. Vin. & Grens.

    OECS (avg)

    Grenada

    St. Lucia

    Barbados

    Suriname

    St. Kitts

    Jamaica

    Dom. Rep.

    Trin. & Tob.

    0

    5

    10

    15

    20

    25

    30

    UScentsperkW

    h