Antigua and Barbuda - Economic sectors

The services sector, in particular tourism and offshore financial services, dominate the economy. Consequently, the economy is heavily dependent on visitor arrivals from the United States and the United Kingdom. In fact, between January and September 2000 the pace of economic activity was much slower compared to the similar period for 1999, principally because of a decline in the number of visitors. However, it is expected that a marketing effort to be funded by the government and private

sector will lead to an increase in stay-over arrivals from North America and Europe (particularly the United Kingdom) in 2001 and beyond. A major threat to tourism has been hurricane and storm damage from 1994 to 1999.