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Per Capita Anguilla Income?

Travel & news discussion about Anguilla

Per Capita Anguilla Income?

Postby Anguilla Addict » Mon Jan 02, 2006 11:33 am

Anyone know the per capita income or average household income of Anguilla citizens?

Thanks,

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Postby Anthony » Mon Jan 02, 2006 11:55 am

The CIA World Fact Book has some economic information - <a href="http://www.cia.gov/cia/publications/factbook/geos/av.html">click here</a> for that - but doesn't answer your question directly.

Generally the Caribbean nations have very low GDP and most are seen as developing nations. I think the USVI (or Puerto Rico) has the highest GDP per capita in the Caribbean and a lot of that probably comes from the counting in of direct US aid. Unfortunately this is one of the paradoxes of "paradise" - in general it is pretty hard and pretty expensive to live on a small island in the middle of no where, and most Caribbean citizens live below the US poverty line.
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Postby Mary » Mon Jan 02, 2006 7:41 pm

What distinguishes Anguilla from the developing nations of the Caribbean is that, for generations, Anguillians have owned their own homes & land. There is as much (if not more) building going on privately as people expand & extend their homes than there is involving resorts. It is, for all intents and purposes, a very middle class economy, especially when compared to its counterparts.

Should you travel there, however, you may initially be dismayed at what looks like hundreds of "unfinished buildings" around the island. Anguillians traditionally do not use credit or accrue debt. When they have the money, they hire people to work on their homes; when that money runs out, they wait until they have enough for the next phase -- definitely not the American way of mortgaged living!
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Postby Anthony » Tue Jan 03, 2006 4:15 am

Good points Mary - I also think that while Anguilla may have a lower per capita than some Western countries, is by no means a "poor" island. There is some extreme poverty in Caribbean, but I don't think Anguilla fits in with that group.
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Per Capita Anguilla Income?

Postby Anguilla Addict » Tue Jan 03, 2006 9:42 am

Thanks everyone for the information. Thanks also, Anthony, for the excellent link to the CIA World Fact Book.
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