St. Maarten economy expands by 1% in 2013
The Department of Statistics has released preliminary estimates of economic growth in 2013 as measured by the Gross Domestic Product by production at 1.0% in real terms.
Compared to 2012, when final estimates show growth of 1.4%, the 2013 results confirm a deceleration of economic activities particularly with a slower pace growth in the government sector and decrease in gross value added of the Financial intermediation sector.