Christmas Island Economy - 2021

Economic overview

The main economic activities on Christmas Island are the mining of low grade phosphate, limited tourism, the provision of government services and, since 2005, the construction and operation of the Immigration Detention Center. The government sector includes administration, health, education, policing, customs, quarantine, and defense.

Real GDP (purchasing power parity)

N/A

Agricultural products

N/A

Industries

tourism, phosphate extraction (near depletion)

Labor force

N/A

Budget

revenues: NA

expenditures: NA

Fiscal year

1 July - 30 June

Exports

N/A

Exports - partners

Malaysia 36%, New Zealand 21%, Indonesia 20%, Australia 10% (2019)

Exports - commodities

calcium phosphates, fertilizers, valves, air pumps, industrial printers (2019)

Imports

N/A

Imports - partners

Australia 80%, United States 7%, Canada 5% (2019)

Imports - commodities

refined petroleum, cars, iron structures, aircraft, crustaceans (2019)

Exchange rates

Australian dollars (AUD) per US dollar -

1.311 (2017 est.)

1.3442 (2016 est.)

1.3442 (2015)

1.3291 (2014 est.)

1.1094 (2013 est.)