|
Economy - overview: |
Tourism, the primary economic activity, has steadily increased over the years and has brought a level of prosperity unusual among inhabitants of the Pacific islands. The agricultural sector has become self-sufficient in the production of beef, poultry, and eggs.
|
|
GDP: |
purchasing power parity - NA
|
|
GDP - real growth rate: |
NA
|
|
GDP - per capita: |
purchasing power parity - NA
|
|
GDP - composition by sector: |
agriculture: NA
industry: NA
services: NA
|
|
Labor force: |
1,345
|
|
Labor force - by occupation: |
tourism 90%, subsistence agriculture 10%
|
|
Unemployment rate: |
0%
|
|
Population below poverty line: |
NA
|
|
Household income or consumption by percentage share: |
lowest 10%: NA
highest 10%: NA
|
|
Inflation rate (consumer prices): |
NA
|
|
Budget: |
revenues: $20 million
expenditures: $20 million, including capital expenditures of $2 million (FY99/00)
|
|
Agriculture - products: |
Norfolk Island pine seed, Kentia palm seed, cereals, vegetables, fruit; cattle, poultry
|
|
Industries: |
tourism, light industry, ready mixed concrete
|
|
Industrial production growth rate: |
NA
|
|
Electricity - production: |
NA kWh
|
|
Electricity - production by source: |
fossil fuel: 0%
hydro: 0%
nuclear: 0%
other: 0% (2002)
|
|
Electricity - consumption: |
NA kWh
|
|
Exports: |
$1.5 million f.o.b. (FY99/00)
|
|
Exports - commodities: |
postage stamps, seeds of the Norfolk Island pine and Kentia palm, small quantities of avocados
|
|
Exports - partners: |
Australia, other Pacific island countries, NZ, Asia, Europe
|
|
Imports: |
$17.9 million c.i.f. (FY91/92)
|
|
Imports - commodities: |
NA
|
|
Imports - partners: |
Australia, other Pacific island countries, NZ, Asia, Europe
|
|
Debt - external: |
NA
|
|
Economic aid - recipient: |
NA
|
|
Currency (code): |
Australian dollar (AUD)
|
|
Currency code: |
AUD
|
|
Exchange rates: |
Australian dollars per US dollar - 1.3598 (2004), 1.5419 (2003), 1.8406 (2002), 1.9334 (2001), 1.7248 (2000)
|
|
Fiscal year: |
1 July - 30 June
|
