The economy of Anguilla depends heavily on luxury tourism, offshore banking, lobster fishing, and remittances from emigrants.

Due to its small size, few natural resources, and reliance on tourism and foreign direct investment, Anguilla is vulnerable to external economic conditions in the United States, Canada and Europe.

In the 19th century, Anguilla's major product was salt produced by evaporation on the shores of the island's lakes, which was exported to the United States.

Most of the land was held by black sustenance farmers producing sweet potatoes, peas, beans, and corn and rearing sheep and goats.

[6] Before the 2008 worldwide crisis, the economy of Anguilla was growing strongly, especially the tourism sector, which was driving major new developments in partnerships with multi-national companies.

Anguilla's tourism industry received a major boost when it was selected to host the World Travel Awards in December 2014.

Anguilla was voted the World's Leading Luxury Island Destination from a short list of top-tier candidates such as St. Barts, the Maldives, and Mauritius.

The Climate & Development Knowledge Network is helping the government gather the information it needs to change the territory's legislation, so that it can integrate renewables into its grid.

"[15] According to a Bloomberg report, due to a skyrocketing interest in artificial intelligence, Anguilla was expected to profit in 2023 from a surge in demand for web addresses ending with the country's top-level domain .ai.