Attribute | Value |
---|---|
Geography | |
Area | 102 km² |
Continent | North America |
Land area | 102 km² |
Water area | 0 km² |
Land boundaries | 0 km |
Border countries | Add |
Coastline | 40 km |
Mean elevation | Add |
Lowest point | 0 m |
Highest point | 915 m |
People | |
Population | 5,373 |
Official languages | Add |
Religion | Protestant |
Government | |
Long country name | Add |
Short country name | Montserrat |
Long local name | Add |
Short local name | Add |
Former name | Add |
Government type | Parliamentary democracy |
Capital | Plymouth |
Economy | |
GDP (PPP) | 167,400,000 USD |
GDP (OER) | 167,400,000 USD |
GDP (real growth rate) | 7.4 % |
GDP - per capita (PPP) | 34,000 USD |
Gross national saving | Add |
Labor force | 4,521 |
Unemployment rate | 5.6 % |
Population below poverty line | Add |
Budget revenues | 66,670,000 USD |
Budget expenditures | 47,040,000 USD |
Military expenditures | Add |
Taxes and other revenues | Add |
Budget surplus or deficit | Add |
Public debt | Add |
Inflation rate | 1.2 % |
Central bank discount rate | 10.99 % |
Commercial bank prime lending rate | 6.95 % |
Stock of narrow money | 28,330,000 USD |
Stock of broad money | 28,330,000 USD |
Stock of domestic credit | 5,185,000 USD |
Market value of publicly traded shares | Add |
Current account balance | -15,400,000 USD |
Exports | 4,400,000 USD |
Imports | 39,440,000 USD |
Reserves of foreign exchange and gold | 47,580,000 USD |
External debt | 8,900,000 USD |
National currency | East Caribbean dollars |
National currency (code) | XCD |
National currency (symbol) | $ |
National currency rate to USD | 2.7 |
English and Irish colonists from St. Kitts first settled on Montserrat in 1632; the first African slaves arrived three decades later. The British and French fought for possession of the island for most of the 18th century, but it finally was confirmed as a British possession in 1783. The island's sugar plantation economy was converted to small farm landholdings in the mid-19th century. Much of this island was devastated and two-thirds of the population fled abroad because of the eruption of the Soufriere Hills Volcano that began on 18 July 1995. Montserrat has endured volcanic activity since, with the last eruption occurring in 2013.