structural:expansion
Economy

Agriculture, dominated by banana production, is the most important sector of this lower-middle-income economy. The services sector, based mostly on a growing tourist industry, is also important. The government has been relatively unsuccessful at introducing new industries, and the unemployment rate remains high at 19.8% in the 1991 census to 15% in 2001. The continuing dependence on a single crop represents the biggest obstacle to the islands' development as tropical storms wiped out substantial portions of bananas in many years.

There is a small manufacturing sector and a small offshore financial sector serving international businesses; its secrecy laws have caused some international concern. There are increasing demands for international financial services like stock exchange and financial intermediaries financial activities in the country. In addition, the natives of Bequia are permitted to hunt up to four humpback whales per year under IWC subsistence quotas.