Wednesday, October 03, 2007

Samoa Industry:

Market Population:

179,186 people (Industrial area 70,000 pple)

Employment:

20, 396 end of first quarter 2007 (MOF)

Employment:

(Public) 52,000 (Stats Dept)

National Budget:

Revenues: 554 million

Expenditure: 584million

Deficit: 30million

Surplus after borrowing: 945million

MAIN INDUSTRIES:

Tourism: 226million

Transport and Communications: 131 million

Agriculture: 68million

Manufacturing: 89million

Construction: 87million

OUTLOOK:

MOF: 3.8 % growth

CBS: Economy forecasted to grow 3% in real terms

ADB: expects 3.4% growth

World Bank: Average Real GDP growth for Pacific is 3.8%

SOURCES:

Budget Address (PM Office)

Statistics Department (Samoa)

Ministry of Finance (Samoa)

Central Bank of Samoa

Asia Development Bank

World Bank

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