Financial Crime World

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Financial Crime Trends and Statistics in South Georgia and South Sandwich Islands

Economic Growth and International Trade

The British overseas territory of South Georgia and South Sandwich Islands (SGSSI) has experienced significant growth in its international merchandise trade in 2022. According to recent statistics, exports have grown at a rate of [no data available], while the merchandise trade balance, which measures the difference between exports and imports, showed an improvement in 2022.

Service Sector Exports and GDP Growth

The service sector has been a driving force behind SGSSI’s economic growth, with significant increases in categories such as financial services and tourism. The gross domestic product (GDP) of the territory grew at a rate of [no data available] in 2022, while GDP per capita reached $[no data available]. Real GDP growth was [no data available], indicating a stable economy.

Key Economic Indicators

  • Current account balance: [no data available] percent of GDP
  • FDI outflows as a percentage of GDP: [no data available]
  • Personal remittances: [no data available] percent of GDP
  • Trade balance indicators: imports and exports together accounted for [no data available] percent of GDP

Population and Maritime Transport

The population of SGSSI is predominantly concentrated in the living area, with [no data available] percent of the total population residing there. The territory’s maritime transport indicators show that it has a significant share of the world merchant fleet, with [no data available] thousands of deadweight tons (DWT) of merchant vessels flying the national flag.

Information Economy Indicators

The information and communication technology (ICT) sector accounts for a significant portion of SGSSI’s total exports and imports:

  • ICT goods in total exports: [no data available] percent
  • ICT goods in total imports: [no data available] percent
  • Workforce involved in the ICT sector: [no data available] percent

Conclusion

Overall, the financial crime trends and statistics in South Georgia and South Sandwich Islands suggest a growing economy with increasing international trade and service sector growth. However, due to the lack of data, further analysis and research are needed to fully understand the territory’s economic dynamics and potential vulnerabilities to financial crime.