Economy Of Christmas Island

Economy overview	Phosphate mining had been the only significant economic activity, but in December 1987 the Australian Government closed the mine. In 1991, the mine was reopened. With the support of the government, a $34 million casino opened in 1993. The casino closed in 1998. The Australian Government in 2001 agreed to support the creation of a commercial space-launching site on the island, projected to begin operations in mid-2004
GDP	purchasing power parity - NA
GDP - real growth rate	NA
GDP - per capita	purchasing power parity - NA
GDP - composition by sector	agriculture: NA industry: NA services: NA
Investment gross fixed
Population below poverty line	NA
Household income or consumption by percentage share	lowest 10%: NA highest 10%: NA
Distribution of family income - Gini index
Inflation rate consumer prices	NA
Labor force	NA
Labor force by occupation	NA
Unemployment rate	NA
Budget	revenues: NA expenditures: NA, including capital expenditures of NA
Public debt
Agriculture products	NA
Industries	tourism, phosphate extraction (near depletion)
Industrial production growth rate	NA
Electricity production	NA kWh
Electricity production by source	fossil fuel: NA hydro: NA other: NA nuclear: NA
Electricity consumption	NA kWh
Electricity exports
Electricity imports
Oil production
Oil consumption
Oil exports
Oil imports
Oil proved reserves
Natural gas production
Natural gas consumption
Natural gas exports
Natural gas imports
Natural gas proved reserves
Current account balance
Exports	NA
Exports commodities	phosphate
Exports partners	Australia, NZ
Imports	NA
Imports commodities	consumer goods
Imports partners	principally Australia
Reserves of foreign exchange gold
Debt external	NA
Economic aid recipient	NA
Currency	Australian dollar (AUD)
Currency code	AUD
Exchange rates	Australian dollars per US dollar - 1.5419 (2003), 1.9354 (2002), 1.9320 (2001), 1.7173(2000), 1.5497 (1999)
Fiscal year	1 July - 30 June

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This information was reproduced in part from the CIA World Fact book.

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Economy Of Christmas