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
NOTE: The information regarding Cocos (Keeling) Islands on this page is re-published from the 2003 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Guinea Geography 2003 information contained here. All suggestions for corrections of any errors about Cocos (Keeling) Islands Economy 2003 should be addressed to the CIA.
