Anguilla is a British Overseas Territory in the Caribbean. It is one of the most northerly of the Leeward Islands in the Lesser Antilles, lying east of Puerto Rico and the Virgin Islands and directly north of Saint Martin. The territory consists of the main island of Anguilla, approximately 16 miles long by 3 miles (5 km) wide at its widest point, together with a number of much smaller islands and cays with no permanent population. The territory's capital is The Valley. The total land area of the territory is 35 square miles (91 km2), with a population of approximately 15,753 (2021).
The British Virgin Islands (BVI), officially the Virgin Islands, are a British Overseas Territory in the Caribbean, to the east of Puerto Rico and the US Virgin Islands and north-west of Anguilla. The islands are geographically part of the Virgin Islands archipelago and are located in the Leeward Islands of the Lesser Antilles and part of the West Indies.
The economy of the Bahamas is dependent upon tourism and offshore banking. The Bahamas is the richest country in the West Indies and is ranked 14th in North America for nominal GDP. It is a stable, developing nation in the Lucayan Archipelago, with a population of 391,232 (2016). Steady growth in tourism receipts and a boom in construction of new hotels, resorts, and residences had led to solid GDP growth for many years. The slowdown in the Economy of the United States and the September 11 attacks held back growth in these sectors from 2001 to 2003.
The economy of the British Virgin Islands is one of the most prosperous in the Caribbean. Although tiny in absolute terms, because of the very small population of the British Virgin Islands, in 2010 the Territory had the 19th highest GDP per capita in the world according to the CIA World factbook. In global terms the size of the Territory's GDP measured in terms of purchasing power is ranked as 215th out of a total of 229 countries. The economy of the Territory is based upon the "twin pillars" of financial services, which generates approximately 60% of government revenues, and tourism, which generates nearly all of the rest.
The economy of the Cayman Islands, a British overseas territory located in the western Caribbean Sea, is mainly fueled by the tourism sector and by the financial services sector, together representing 50–60 percent of the country's gross domestic product (GDP). The Cayman Islands Investment Bureau, a government agency, has been established with the mandate of promoting investment and economic development in the territory. Because of the territory’s strong economy and it being a popular banking destination for wealthy individuals and businesses, it is often dubbed the ‘financial capital’ of the Caribbean.
The economy of Saint Kitts and Nevis has traditionally depended on the growing and processing of sugar cane; decreasing world prices have hurt the industry in recent years. Tourism, export-oriented manufacturing, and offshore banking activity have assumed larger roles in Saint Kitts and Nevis. Most food is imported. The government has undertaken a program designed to revitalize the faltering sugar sector. It is also working to improve revenue collection in order to better fund social programs. In 1997, some leaders in Nevis were urging separation from Saint Kitts on the basis that Nevis was paying far more in taxes than it was receiving in government services, but the vote on cessation failed in August 1998. In late September 1998, Hurricane Georges caused approximately $445 million in damages and limited GDP growth for the year.
The economy of Dominica is reliant upon agriculture, particularly bananas, with the financial services industry and passport sales becoming increasingly the island's largest source of income. Banana production employs, directly or indirectly, upwards of one-third of the work force. This sector is highly vulnerable to weather conditions and to external events affecting commodity prices. The value of banana exports fell to less than 25% of merchandise trade earnings in 1998 compared to about 44% in 1994.
Anguilla is an island in the Leeward Islands. It has numerous bays, including Barnes, Little, Rendezvous, Shoal, and Road Bays.
Since the island country's independence in 1966, the economy of Barbados has been transformed from a low-income economy dependent upon sugar production into a high-income economy based on tourism and the offshore sector. Barbados went into a deep recession in the 1990s after 3 years of steady decline brought on by fundamental macroeconomic imbalances. After a painful re-adjustment process, the economy began to grow again in 1993. Growth rates have averaged between 3%–5% since then. The country's three main economic drivers are: tourism, the international business sector, and foreign direct-investment. These are supported in part by Barbados operating as a service-driven economy and an international business centre.
Bermuda is a British Overseas Territory comprising a number of islands, with an area of 54 km2 (20.8 sq mi), located in the North Atlantic Ocean, which in 2016 had a population of 65,331.
Saint Martin is an island in the northeast Caribbean, approximately 300 km (190 mi) east of Puerto Rico. The 87-square-kilometre (34 sq mi) island is divided roughly 60:40 between the French Republic and the Kingdom of the Netherlands, but the Dutch part is more populated than the French part. The division dates to 1648. The northern French part comprises the Collectivity of Saint Martin and is an overseas collectivity of the French Republic. The southern Dutch part comprises Sint Maarten and is one of four constituent countries that form the Kingdom of the Netherlands. Even though the island is an overseas possession of two European Union member states, only the French part of the island is part of the EU.
The economy of Aruba is an open system, with tourism currently providing the largest percentage of the country's income. Because of tourism's rapid growth in the last 80 years, related industries like construction have also flourished in Aruba. Other primary industries include oil refining and storage, as well as offshore banking. Despite the island's low rainfall in the past year, the people have proven that Aruba's soil is full of nutrients and many crops do amazingly well in the soil. Many more locals have started participating more to horticulture, permaculture and agriculture. Creating a start to an internal economy. Aloe cultivation, livestock, and fishing also contribute to Aruba's economy. In addition, the country also exports art and collectibles, machinery, electrical equipment, and transport equipment. Aruba's small labor force and low unemployment rate have led to many unfilled job vacancies, despite sharp rises in wage rates in recent years.
Tortola is the largest and most populated island of the British Virgin Islands, a group of islands that form part of the archipelago of the Virgin Islands. It has a surface area of 55.7 square kilometres with a total population of 23,908, with 9,400 residents in Road Town. Mount Sage is its highest point at 530 metres above sea level.
The Collectivity of Saint Martin, commonly known as simply Saint Martin, is an overseas collectivity of France in the West Indies in the Caribbean, on the northern half of the island of Saint Martin, as well as some smaller adjacent islands. Saint Martin is separated from the island of Anguilla by the Anguilla Channel. Its capital is Marigot.
Sint Maarten is a constituent country of the Kingdom of the Netherlands in the Caribbean. With a population of 41,486 as of January 2019 on an area of 34 km2 (13 sq mi), it encompasses the southern 44% of the divided island of Saint Martin, while the northern 56% of the island constitutes the French overseas collectivity of Saint Martin. Sint Maarten's capital is Philipsburg. Collectively, Sint Maarten and the other Dutch islands in the Caribbean are often called the Dutch Caribbean.
The following outline is provided as an overview of and topical guide to Anguilla:
The economy of Belize is a small, essentially private enterprise economy that is based primarily on agriculture, tourism, and services. The cultivation of newly discovered oil in the town of Spanish Lookout has presented new prospects and problems for this developing nation. Belize's primary exports are citrus, sugar, and bananas. Belize's trade deficit has been growing, mostly as a result of low export prices for sugar and bananas.
The economy of Curaçao is a high income economy, as defined by the World Bank. The island has a well-developed infrastructure with strong tourism and financial services sectors. Shipping, international trade, oil refining, and other activities related to the port of Willemstad also make a significant contribution to the economy.
The economy of Saint Martin, divided between the French Collectivity of Saint Martin and the Dutch Sint Maarten, is predominately dependent on tourism. For more than two centuries, the main commodity exports have generally been salt and locally grown commodities, like sugar.
Climate changein the Caribbean poses major risks to the islands in the Caribbean. The main environmental changes expected to affect the Caribbean are a rise in sea level, stronger hurricanes, longer dry seasons and shorter wet seasons. As a result, climate change is expected to lead to changes in the economy, environment and population of the Caribbean. Temperature rise of 2 °C above preindustrial levels can increase the likelihood of extreme hurricane rainfall by four to five times in the Bahamas and three times in Cuba and Dominican Republic. Rise in sea level could impact coastal communities of the Caribbean if they are less than 3 metres (10 ft) above the sea. In Latin America and the Caribbean, it is expected that 29–32 million people may be affected by the sea level rise because they live below this threshold. The Bahamas is expected to be the most affected because at least 80% of the total land is below 10 meters elevation.
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