Christmas Island Economy - 2024

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 -

Exchange rates:
1.311 (2017 est.)
1.3442 (2016 est.)
1.3442 (2015)
1.3291 (2014 est.)
1.1094 (2013 est.)