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Economy - overview:
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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.
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GDP:
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purchasing power parity - $NA
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GDP - real growth rate:
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NA%
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GDP - per capita:
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purchasing power parity - $NA
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GDP - composition by sector:
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agriculture: NA%
industry: NA%
services: NA%
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Population below poverty line:
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NA%
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Household income or consumption by percentage share:
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lowest 10%: NA%
highest 10%: NA%
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Inflation rate (consumer prices):
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NA%
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Labor force:
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NA
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Labor force - by occupation:
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tourism NA%, subsistence agriculture NA%
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Unemployment rate:
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NA%
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Budget:
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revenues: $4.6 million
expenditures: $4.8 million, including capital expenditures of $NA (FY 92/93)
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Industries:
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tourism
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Industrial production growth rate:
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NA%
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Electricity - production:
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NA kWh
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Electricity - production by source:
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fossil fuel: 0%
hydro: 0%
other: 0% (2002)
nuclear: 0%
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Electricity - consumption:
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NA kWh
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Agriculture - products:
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Norfolk Island pine seed, Kentia palm seed, cereals, vegetables, fruit; cattle, poultry
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Exports:
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$1.5 million f.o.b. (FY 91/92)
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Exports - commodities:
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postage stamps, seeds of the Norfolk Island pine and Kentia palm, small quantities of avocados
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Exports - partners:
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Australia, other Pacific island countries, NZ, Asia, Europe
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Imports:
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$17.9 million c.i.f. (FY 91/92)
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Imports - commodities:
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NA
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Imports - partners:
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Australia, other Pacific island countries, NZ, Asia, Europe
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Debt - external:
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$NA
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Economic aid - recipient:
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$NA
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Currency:
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Australian dollar (AUD)
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Currency code:
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AUD
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Exchange rates:
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Australian dollars per US dollar - 1.8406 (2002), 1.9320 (2001), 1.7173 (2000), 1.5497 (1999), 1.5888 (1998)
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Fiscal year:
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1 July - 30 June
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