1945

Countries members of the Organisation of Eastern Caribbean States (OECS)

The countries members of the Organisation of Eastern Caribbean States (OECS) posted a positive growth rate for the third consecutive year since the events of September 2001. Economic activity expanded (by 3.5% in 2003 and 3.9% in 2004) in response to the buoyancy of tourism and construction. GDP grew in almost all the OECS countries except Grenada, where output fell by 3% as a result of the devastation caused by hurricane Ivan.

Related Subject(s): Economic and Social Development
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