Economy - overview:
Tourism, the primary economic activity, has steadily increased over the years and has brought a level of prosperity unusual among inhabitants of the Pacific islands. The agricultural sector has become self-sufficient in the production of beef, poultry, and eggs.
GDP (purchasing power parity):
$NA
Labor force:
NA
Labor force - by occupation:
agriculture: 10%
industry and services: 90%
Budget:
revenues: $4.6 million
expenditures: $4.8 million (FY99/00)
Agriculture - products:
Norfolk Island pine seed, Kentia palm seed, cereals, vegetables, fruit; cattle, poultry
Industries:
tourism, light industry, ready mixed concrete
Electricity - production:
NA kWh
Electricity - consumption:
NA kWh
Exports:
$1.5 million f.o.b. (FY91/92)
Exports - commodities:
postage stamps, seeds of the Norfolk Island pine and Kentia palm, small quantities of avocados
Imports:
$17.9 million c.i.f. (FY91/92)
Imports - commodities:
NA
Debt - external:
$NA
Exchange rates:
Australian dollars (AUD) per US dollar - 1.2059 (2008 est.), 1.2137 (2007), 1.3285 (2006), 1.3095 (2005), 1.3598 (2004)