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September 21, 2020  
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You are here : AllRefer.com > Reference > World > Countries > Cocos (Keeling) Islands > Cocos (Keeling) Islands - Economy

Cocos (Keeling) Islands: Economy

Economy Cocos (Keeling) Islands
Economy - overview:
Grown throughout the islands, coconuts are the sole cash crop. Small local gardens and fishing contribute to the food supply, but additional food and most other necessities must be imported from Australia. There is a small tourist industry.
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%
Population below poverty line:
NA%
Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices):
NA%
Labor force:
NA
Labor force - by occupation:
the Cocos Islands Cooperative Society Ltd. employs construction workers, stevedores, and lighterage workers; tourism employs others
Unemployment rate:
60% (2000 est.)
Budget:
revenues: $NA
expenditures: $NA, including capital expenditures of $NA
Industries:
copra products and tourism
Industrial production growth rate:
NA%
Electricity - production:
NA kWh
Electricity - production by source:
fossil fuel: NA%
hydro: NA%
other: NA%
nuclear: NA%
Electricity - consumption:
NA kWh
Agriculture - products:
vegetables, bananas, pawpaws, coconuts
Exports:
$NA
Exports - commodities:
copra
Exports - partners:
Australia (1999)
Imports:
$NA
Imports - commodities:
foodstuffs
Imports - partners:
Australia (1999)
Debt - external:
$NA
Economic aid - recipient:
$NA
Currency:
Australian dollar (AUD)
Currency code:
AUD
Exchange rates:
Australian dollars per US dollar - 1.9354 (2002), 1.9320 (2001), 1.7173 (2000), 1.5497 (1999), 1.5888 (1998), 1.3439 (1997)
Fiscal year:
1 July - 30 June

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Source: The CIA World Fact Book 2003

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