Montserrat is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. As a developing nation, Montserrat may not be able to offer consistent social services to its citizens. These social services may include things like public education, reliable healthcare, and law enforcement. Citizens of developing nations may have lower life expectancies than citizens of developed nations. Each year, Montserrat exports around $0 billion and imports roughly $0.03 billion. 13.7% of population in the country are unemployed. The total number of unemployed people in Montserrat is 713. The Gini Index of the country is 30. Montserrat is experiencing good equality. The majority of citizens in Montserrat fall within a narrow range of income, although some cases may show significant differences.

Currency
The currency of Montserrat is eastern caribbean dollar. The plural form of the word eastern caribbean dollar is dollars. The symbol used for this currency is $, and it is abbreviated as XCD. The eastern caribbean dollar is divided into Cent; there are 100 in one eastern caribbean dollar.

Credit rating
According to the S&P credit-rating agency, Montserrat has a credit rating score of BBB-, and the prospects of this rating are stable.

Central bank
In Montserrat, the institution that manages the state's currency, money supply, and interest rates is called Eastern Caribbean Central Bank.

Public debt
The government debt of Montserrat has not been calculated yet.

Tax information
The corporate tax in Montserrat is set at 20%. Personal income tax ranges from 0% to 30%, depending on your specific situation and income level. VAT in Montserrat is 15%.

Finances
The total Gross Domestic Product (GDP) assessed as Purchasing Power Parity (PPP) in Montserrat is $0.044 billion. The Gross Domestic Product (GDP) assessed as Purchasing Power Parity (PPP) per capita in Montserrat was last recorded at $0 million. PPP in Montserrat is considered to be below average when compared to other countries. Below average PPP indicates that citizens in this country find it difficult to purchase local goods. Local goods can include food, shelter, clothing, health care, personal care, essential furnishings, transportation and communication, laundry, and various types of insurance. Countries with below average PPP are dangerous locations for investments. The total Gross Domestic Product (GDP) in Montserrat is 1 billion. Based on this statistic, Montserrat is considered to have a small economy. Countries with small economies generally support less industries and opportunities for investment. However, worthwhile investment opportunities may be found. The Gross Domestic Product (GDP) per capita in Montserrat was last recorded at $0 million. The average citizen in Montserrat has very low wealth. Countries with very low wealth per capita often have lower life expectancies and dramatically lower quality of living among citizens. It can be very difficult to find highly skilled workers in countries with very low wealth, as it is difficult for citizens to obtain the requisite education needed for specialized industries. However, labor can be found for very low rates when compared with countries with higher wealth per capita. GDP Annual Growth Rate in Montserrat averaged 3.5% in 2014. According to this percentage, Montserrat is currently experiencing modest growth.