| 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 |
| Labor force: |
NA |
| Labor force - by occupation: |
agriculture: 10% industry and services: 90% |
| Unemployment rate: |
0% |
| Budget: |
revenues: $4.6 million expenditures: $4.8 million; including capital expenditures of $2 million (FY99/00) |
| Industries: |
tourism, light industry, ready mixed concrete |
| Electricity - production: |
NA kWh |
| Electricity - consumption: |
NA kWh |
| Agriculture - products: |
Norfolk Island pine seed, Kentia palm seed, cereals, vegetables, fruit; cattle, poultry |
| Exports: |
$1.5 million f.o.b. (FY91/92) |
| 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 (2006) |
| Imports: |
$17.9 million c.i.f. (FY91/92) |
| Imports - commodities: |
NA |
| Imports - partners: |
Australia, other Pacific island countries, NZ, Asia, Europe (2006) |
| Debt - external: |
NA |
| Economic aid - recipient: |
NA |
| Currency: |
Australian Dollar (AUD)
Current Australian Dollar Exchange Rates Historical Australian Dollar Exchange Rates Chart Australian Dollar Exchange Rates |
| Currency code: |
AUD |
| Exchange rates: |
Australian dollars per US dollar - 1.3285 (2006), 1.3095 (2005), 1.3598 (2004), 1.5419 (2003), 1.8406 (2002) |
| Fiscal year: |
1 July - 30 June |