Support our Sponsor

. . Flags of the World Maps of All Countries

  • |Main Index|
  • 1989 INDEX
  • Country Ranks
  • Home PageCountry Index

    Christmas Island Economy - 1989

      Overview: Phosphate mining is the only significant economic activity, but in November 1987 the Australian Government announced that the mine would be closed because of labor unrest. Plans are under way to build a casino and hotel to develop tourism.

      GDP: NA

      Inflation rate (consumer prices): NA%

      Unemployment rate: 0%

      Budget: revenues $NA; expenditures $NA, including capital expenditures of $NA

      Exports: $NA; @m5commodities--phosphate; @m5partners--Australia, NZ

      Imports: $NA; @m5commodities--NA; @m5partners--NA

      External debt: $NA

      Industrial production: growth rate NA%

      Electricity: 11,000 kW capacity; 38 million kWh produced, 16,680 kWh per capita (1988)

      Industries: phosphate extraction (near depletion)

      Agriculture: NA

      Aid: NA

      Currency: Australian dollar (plural--dollars); 1 Australian dollar ($A) = 100 cents

      Exchange rates: Australian dollars ($A) per US$1--1.1493 (January 1989), 1.2752 (1988), 1.4267 (1987), 1.4905 (1986), 1.4269 (1985)

      Fiscal year: 1 July-30 June

      NOTE: The information regarding Christmas Island on this page is re-published from the 1989 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Christmas Island Economy 1989 information contained here. All suggestions for corrections of any errors about Christmas Island Economy 1989 should be addressed to the CIA.

    Support Our Sponsor

    Support Our Sponsor

    Please ADD this page to your FAVORITES - - - - -

    Revised 15-Apr-03
    Copyright © 2003 Photius Coutsoukis (all rights reserved)