Cocos (Keeling) Islands Economy 2018, CIA World Factbook
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Cocos (Keeling) Islands Economy 2018

SOURCE: 2018 CIA WORLD FACTBOOK AND OTHER SOURCES











Cocos (Keeling) Islands Economy 2018
SOURCE: 2018 CIA WORLD FACTBOOK AND OTHER SOURCES


Page last updated on February 28, 2018

Economy - overview:
Coconuts, grown throughout the islands, 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:
1% (2003)
country comparison to the world: 184
[see also: GDP - real growth rate country ranks ]

Agriculture - products:
vegetables, bananas, pawpaws, coconuts

Industries:
copra products, tourism

Labor force:
NA
[see also: Labor force country ranks ]

Labor force - by occupation:
note: the Cocos Islands Cooperative Society Ltd. employs construction workers, stevedores, and lighterage workers; tourism is the other main source of employment

Unemployment rate:
0.1% (2011) 60% (2000 est.)
country comparison to the world: 1
[see also: Unemployment rate country ranks ]

Budget:
revenues: $NA
[see also: Budget - revenues country ranks ]
expenditures: $NA
[see also: Budget - expenditures country ranks ]

Fiscal year:
1 July - 30 June

Exports:
$NA
[see also: Exports country ranks ]

Exports - commodities:
copra

Imports:
$NA
[see also: Imports country ranks ]

Imports - commodities:
foodstuffs

Exchange rates:
Australian dollars (AUD) per US dollar - 1.311 (2017) 1.3442 (2016) 1.3442 (2015) 1.3291 (2014) 1.1094 (2013)

NOTE: 1) The information regarding Cocos (Keeling) Islands on this page is re-published from the 2018 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Cocos (Keeling) Islands Economy 2018 information contained here. All suggestions for corrections of any errors about Cocos (Keeling) Islands Economy 2018 should be addressed to the CIA.
2) The rank that you see is the CIA reported rank, which may habe the following issues:
  a) The assign increasing rank number, alphabetically for countries with the same value of the ranked item, whereas we assign them the same rank.
  b) The CIA sometimes assignes counterintuitive ranks. For example, it assigns unemployment rates in increasing order, whereas we rank them in decreasing order






This page was last modified 28-Feb-18
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