Cocos (Keeling) Islands Economy - 2023

GEOGRAPHICAL NAMES 

Real GDP (purchasing power parity)

N/A

Real GDP growth rate

1% (2003)

Agricultural products

vegetables, bananas, pawpaws, coconuts

Industries

copra products, tourism

Labor force

N/A

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.)

Budget

revenues: NA

expenditures: NA

Fiscal year

1 July - 30 June

Exports - partners

United States 57%, Ireland 15% (2019)

Exports - commodities

integrated circuits, vaccines and cultures, furniture, carbon batteries, rubber gloves (2021)

Imports

N/A

Imports - partners

Australia 73%, United Arab Emirates 15%, Netherlands 5% (2019)

Imports - commodities

gold, x-ray equipment, cars, prefabricated buildings, packaged medicines (2019)

Exchange rates

Australian dollars (AUD) per US dollar -

1.311 (2017 est.)

1.3442 (2016 est.)

1.3442 (2015)

1.3291 (2014)

1.1094 (2013)

NOTE: The information regarding Cocos (Keeling) Islands 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 Cocos (Keeling) Islands 2023 information contained here. All suggestions for corrections of any errors about Cocos (Keeling) Islands 2023 should be addressed to the CIA or the source cited on each page.