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Pitcairn Islands Economy - 1990 https://theodora.com/wfb1990/pitcairn_islands/pitcairn_islands_economy.html SOURCE: 1990 CIA WORLD FACTBOOK Overview: The inhabitants exist on fishing and subsistence farming. The fertile soil of the valleys produces a wide variety of fruits and vegetables, including citrus, sugarcane, watermelons, bananas, yams, and beans. Bartering is an important part of the economy. The major sources of revenue are the sale of postage stamps to collectors and the sale of handicrafts to passing ships. GNP: NA Inflation rate (consumer prices): NA% Unemployment rate: NA% Budget: revenues $430,440; expenditures $429,983, including capital expenditures of $NA (FY87 est.) Exports: $NA; commodities--fruits, vegetables, curios; partners--NA Imports: $NA; commodities--fuel oil, machinery, building materials, flour, sugar, other foodstuffs; partners--NA External debt: $NA Industrial production: growth rate NA% Electricity: 110 kW capacity; 0.30 million kWh produced, 4,410 kWh per capita (1989) Industries: postage stamp sales, handicrafts Agriculture: based on subsistence fishing and farming; wide variety of fruits and vegetables grown; must import grain products Aid: none Currency: New Zealand dollar (plural--dollars); 1 New Zealand dollar (NZ$) = 100 cents Exchange rates: New Zealand dollars (NZ$) per US$1--1.6581 (January 1990), 1.6708 (1989), 1.5244 (1988), 1.6866 (1987), 1.9088 (1986), 2.0064 (1985) Fiscal year: 1 April-31 March
NOTE: The information regarding Pitcairn Islands on this page is re-published from the 1990 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Pitcairn Islands Economy 1990 information contained here. All suggestions for corrections of any errors about Pitcairn Islands Economy 1990 should be addressed to the CIA. |