Economy Of Cocos (Keeling) Islands

Economy overview Grown throughout the islands, coconuts are the sole cash crop. Small local gardens and fishing contribute to the food supply, but additional food and most other necessities must be imported from Australia. There is a small tourist industry.
 
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 (2001 est.)
 
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 the Cocos Islands Cooperative Society Ltd. employs construction workers, stevedores, and lighterage workers; tourism employs others
 
Unemployment rate 60% (2000 est.)
 
Budget
revenues: NA
expenditures: NA, including capital expenditures of NA
 
Public debt  
Agriculture products vegetables, bananas, pawpaws, coconuts
 
Industries copra products and tourism
 
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 copra
 
Exports partners Australia
 
Imports NA
 
Imports commodities foodstuffs
 
Imports partners 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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