Pitcairn Islands Economy 2018, CIA World Factbook
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Pitcairn Islands Economy 2018

SOURCE: 2018 CIA WORLD FACTBOOK AND OTHER SOURCES











Pitcairn Islands Economy 2018
SOURCE: 2018 CIA WORLD FACTBOOK AND OTHER SOURCES


Page last updated on February 28, 2018

Economy - overview:
The inhabitants of this tiny isolated economy exist on fishing, subsistence farming, handicrafts, and postage stamps. 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.

GDP (purchasing power parity):
$NA

Agriculture - products:
honey; wide variety of fruits and vegetables; goats, chickens; fish

Industries:
postage stamps, handicrafts, beekeeping, honey

Labor force:
15 (2004)
country comparison to the world: 233
[see also: Labor force country ranks ]

Labor force - by occupation:
note: no business community in the usual sense; some public works; subsistence farming and fishing

Budget:
revenues: $746,000
[see also: Budget - revenues country ranks ]
expenditures: $1.028 million (FY04/05)
[see also: Budget - expenditures country ranks ]

Fiscal year:
1 April - 31 March

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

Exports - commodities:
honey, fruits, vegetables, curios, postage stamps

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

Imports - commodities:
fuel oil, machinery, building materials, flour, sugar, other foodstuffs

Exchange rates:
New Zealand dollars (NZD) per US dollar - 1.416 (2017) 1.4279 (2016) 1.4279 (2015) 1.4279 (2014 est.) 1.2039 (2013 est.)

NOTE: 1) The information regarding Pitcairn 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 Pitcairn Islands Economy 2018 information contained here. All suggestions for corrections of any errors about Pitcairn 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






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