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Saint Helena, Ascension, and Tristan da Cunha Economy 2013

SOURCE: 2013 CIA WORLD FACTBOOK AND OTHER SOURCES











Saint Helena, Ascension, and Tristan da Cunha Economy 2013
SOURCE: 2013 CIA WORLD FACTBOOK AND OTHER SOURCES


Page last updated on February 5, 2013

Economy - overview:
The economy depends largely on financial assistance from the UK, which amounted to about $27 million in FY06/07 or more than twice the level of annual budgetary revenues. The local population earns income from fishing, raising livestock, and sales of handicrafts. Because there are few jobs, 25% of the work force has left to seek employment on Ascension Island, on the Falklands, and in the UK.

GDP (purchasing power parity):
$18 million (1998 est.)
country comparison to the world: 227
[see also: GDP country ranks ]

GDP (official exchange rate):
$NA
[see also: GDP (official exchange rate) country ranks ]

GDP - real growth rate:
NA%
[see also: GDP - real growth rate country ranks ]

GDP - per capita:
$2,500 (1998 est.)
country comparison to the world: 181
[see also: GDP - per capita country ranks ]

GDP - composition by sector:
agriculture: NA%
[see also: GDP - composition by sector - agriculture country ranks ]
industry: NA%
services: NA%

Labor force:
2,486 (1998 est.)
country comparison to the world: 227
[see also: Labor force country ranks ]

Labor force - by occupation:
agriculture: 6%
[see also: Labor force - by occupation - agriculture country ranks ]
industry: 48%
services: 46% (1987 est.)

Unemployment rate:
14% (1998 est.)
country comparison to the world: 137
[see also: Unemployment rate country ranks ]

Population below poverty line:
NA%
[see also: Population below poverty line country ranks ]

Household income or consumption by percentage share:
lowest 10%: NA%
[see also: Household income or consumption by percentage share - lowest 10% country ranks ]
highest 10%: NA%

Budget:
revenues: $10.34 million
[see also: Budget revenues country ranks ]
expenditures: $25.39 million
note: revenue data reflect locally raised revenues only; the budget deficit is resolved by grant aid from the United Kingdom (FY06/07 est.)

Inflation rate (consumer prices):
3.2% (1997 est.)
country comparison to the world: 87
[see also: Inflation rate (consumer prices) country ranks ]

Agriculture - products:
coffee, corn, potatoes, vegetables; fish, lobster; livestock; timber

Industries:
construction, crafts (furniture, lacework, fancy woodwork), fishing, philatelic sales

Industrial production growth rate:
NA%
[see also: Industrial production growth rate country ranks ]

Exports:
$19 million (2004 est.)
country comparison to the world: 208
[see also: Exports country ranks ]

Exports - commodities:
fish (frozen, canned, and salt-dried skipjack, tuna), coffee, handicrafts

Imports:
$45 million (2004 est.)
country comparison to the world: 218
[see also: Imports country ranks ]

Imports - commodities:
food, beverages, tobacco, fuel oils, animal feed, building materials, motor vehicles and parts, machinery and parts

Debt - external:
$NA
[see also: Debt - external country ranks ]

Exchange rates:
Saint Helenian pounds (SHP) per US dollar -

0.6324 (2012)
0.624 (2011)
0.6472 (2010)
0.6175 (2009)
0.5302 (2008)

Fiscal year:
1 April - 31 March


NOTE: 1) The information regarding Saint Helena, Ascension, and Tristan da Cunha on this page is re-published from the 2013 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Saint Helena, Ascension, and Tristan da Cunha Economy 2013 information contained here. All suggestions for corrections of any errors about Saint Helena, Ascension, and Tristan da Cunha Economy 2013 should be addressed to the CIA.
2) The rank that you see is the CIA reported rank, which may habe the following issues:
  a) They assign increasing rank number, alphabetically for countries with the same value of the ranked item, whereas we assign them the same rank.
  b) The CIA sometimes assignes counterintuitive ranks. For example, it assigns unemployment rates in increasing order, whereas we rank them in decreasing order






This page was last modified 11-Mar-13
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