Economy - overview:
The economy depends largely on financial assistance from the UK, which amounted to about $27 million in FY06/07 or more than twice the level of annual budgetary revenues. The local population earns income from fishing, raising livestock, and sales of handicrafts. Because there are few jobs, 25% of the work force has left to seek employment on Ascension Island, on the Falklands, and in the UK.

GDP (purchasing power parity):
$31.1 million (FY09/10 est.)
country comparison to the world (CIA rank, may be based on non-current data): 227
[see also: GDP country ranks ]

GDP (official exchange rate):
NA
[see also: GDP (official exchange rate) country ranks ]

GDP - real growth rate:
NA
[see also: GDP - real growth rate country ranks ]

GDP - per capita (PPP):
$7,800 (FY09/10 est.)
country comparison to the world (CIA rank, may be based on non-current data): 153
[see also: GDP - per capita country ranks ]

GDP - composition, by sector of origin:
agriculture: NA
[see also: GDP - composition, by sector of origin - agriculture country ranks ]
industry: NA
[see also: GDP - composition, by sector of origin - industry country ranks ]
services: NA
[see also: GDP - composition, by sector of origin - services country ranks ]

Agriculture - products:
coffee, corn, potatoes, vegetables; fish, lobster; livestock; timber

Industries:
construction, crafts (furniture, lacework, fancy woodwork), fishing, collectible postage stamps

Industrial production growth rate:
NA
[see also: Industrial production growth rate country ranks ]

Labor force:
2,486 (1998 est.)
country comparison to the world (CIA rank, may be based on non-current data): 226
[see also: Labor force country ranks ]

Labor force - by occupation:
agriculture: 6%
[see also: Labor force - by occupation - agriculture country ranks ]
industry: 48%
[see also: Labor force - by occupation - industry country ranks ]
services: 46% (1987 est.)
[see also: Labor force - by occupation - services country ranks ]

Unemployment rate:
14% (1998 est.)
country comparison to the world (CIA rank, may be based on non-current data): 169
[see also: Unemployment rate country ranks ]

Population below poverty line:
NA
[see also: Population below poverty line country ranks ]

Household income or consumption by percentage share:
lowest 10%: NA
[see also: Household income or consumption by percentage share - lowest 10% country ranks ]
highest 10%: NA
[see also: Household income or consumption by percentage share - highest 10% country ranks ]

Budget:
revenues: 8.427 million (FY06/07 est.)
[see also: Budget - revenues country ranks ]
expenditures: 20.7 million (FY06/07 est.)
note: revenue data reflect only locally raised revenues; the budget deficit is resolved by grant aid from the UK

Fiscal year:
1 April - 31 March

Inflation rate (consumer prices):
4% (2012 est.)
country comparison to the world (CIA rank, may be based on non-current data): 156
[see also: Inflation rate (consumer prices) country ranks ]

Exports:
$19 million (2004 est.)
country comparison to the world (CIA rank, may be based on non-current data): 211
[see also: Exports country ranks ]

Exports - commodities:
fish (frozen, canned, and salt-dried skipjack, tuna), coffee, handicrafts

Imports:
$20.53 million (2010 est.)
country comparison to the world (CIA rank, may be based on non-current data): 222
[see also: Imports country ranks ]

Imports - commodities:
food, beverages, tobacco, fuel oils, animal feed, building materials, motor vehicles and parts, machinery and parts

Debt - external:
NA
[see also: Debt - external country ranks ]

Stock of direct foreign investment - at home:
(31 December 2009 est.)
[see also: Stock of direct foreign investment - at home country ranks ]

Exchange rates:
Saint Helenian pounds (SHP) per US dollar -
0.7836 (2017 est.)
0.6542 (2016 est.)
0.6542 (2015)
0.607 (2014 est.)
0.6391 (2013 est.)