Christmas Island Economy - 2023

GEOGRAPHICAL NAMES 

Economic overview

high-income Australian territorial economy; development through government services and phosphate mining; operates Australia’s Immigration Detention Centre; increasing tourism and government investments; sustained environmental protections

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 - partners

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

Exports - commodities

calcium phosphates, fertilizers, barometers, electrical transformers, sulfates (2021)

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.)

NOTE: The information regarding Christmas Island on this page is re-published from the 2023 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Christmas Island 2023 information contained here. All suggestions for corrections of any errors about Christmas Island 2023 should be addressed to the CIA or the source cited on each page.