Site Help?

Latest Indicators

Estimated Gross Domestic Product:
3.8%, Jan - Mar 2022 / Jan - Mar 2021
Gross Domestic Product Actual:
4.0%, Dec 2021
Average Consumer Price Index (CPI):
9.5%, Dec 2022 / Dec 2021
Census Population:
71,105, as of Oct 2021
2021 Life Expectancy at birth:
82.1
2021 Life Expectancy at birth - Male:
80.4
2021 Life Expectancy at birth - Female:
83.7
Estimated Population:
81,546, Year-End December 2022
Unemployment Rate:
2.1%, as at December 2022
Merchandise Imports ($):
17.8% Jul - Sep 2022 / Jul - Sep 2021
Balance of Payments Current Account Deficit % GDP:
13.6% of GDP, Dec 2021
Home / News / 2007 Semi-Annual Economic Report Released

2007 Semi-Annual Economic Report Released

"The 2007 Semi-Annual Economic Report compiles all available economic indicators as at end of June 2007"

The 2007 Semi-Annual Economic Report compiles all available economic indicators as at end of June 2007 and shows their percentage change since end of June 2006. Among the significant changes are as follows:


Significant growth in merchandise imports by 17.8%;
Increase in credit from commercial banks to the private sector (households and businesses) by 15.3%; and
Growth in financial services sector (mutual funds registration by 14.4%; companies registration rose by 13.2%; insurance licenses by 2.2%).


The Report also highlights challenges in the following areas:

The rate of increase of total visitor arrivals which was recorded at 3.3%, lower than the 6.7% increase in the first quarter;
Decline in work permits by 4.6%; and
Declines in the number of building permits by 13.9% and project approvals by 10.3%.