- Economic growth was 2.1% in 2016 due to the ongoing electricity crisis, but thanks to the new government’s efforts to resolve and clean up public finances, growth is projected to reach 3.4% in 2017 and 4.1% in 2018.
- The 2016 elections led to political change: the new President of the Union and the three island governors were all elected from the opposition.
- With a narrow economic base and a predominantly informal economy, the islands remain under-industrialised (10% of GDP), and the country is looking to adopt a regional strategy to address this issue.
|Area:||2,000 sq km|
|Total Population 2017:||0.8 Million|
|Urban Population 2017:||73.50%|
|Female Population 2017:||49.70%|
|GDP:||US$ 632.0 Million|
|GNI Per Capita 2015:||US$ 790|
|Crude Birth Rate (per 1000):||32.40%|
|Human Development Index (rank / 188):||160|
|Human Development Index (scale 0 to 1):||0.497|
|Cumulative Approvals (1967-2016):||UA 111.4 Million|