P.E.I. Finance Minister Wes Sheridan is pleased to see Prince Edward Island is continuing to grow, if only slightly.

Wes Sheridan

Population growth is a good sign for the province, says P.E.I. Finance Minister Wes Sheridan. (CBC)

The recently released Annual Statistical Review lists the population of the Island at 145,237. That includes growth of just 0.05 per cent, but it does make P.E.I. the only province in Atlantic Canada to grow.

"The fact that we have growth is a very good sign that a number of the policies that we derive from these statistics are actually working," said Sheridan.

"To have any kind of growth at this time in history for the Atlantic provinces is a very positive sign for Prince Edward Island."

The provincial economy also grew, by 1.3 per cent. Employment was at an all-time-high average of 74,100, though it was trending downward towards the end of the year.

The report also shows increases in total labour income in the province, retail sales, and international exports.

The consumer price index increased by 2.0 per cent and the unemployment rate averaged 11.5 percent which was an increase of 0.2 percentage points over 2012.

There were 636 housing starts in 2013, a decrease of 32.4 per cent from the year before.