ECONOMY
Economy—overview:
Grown throughout the islands, coconuts are the sole cash crop.
Copra and fresh coconuts are the major export earners. Small local
gardens and fishing contribute to the food supply, but additional
food and most other necessities must be imported from Australia.
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%
Population below poverty line:
NA%
Household income or consumption
by percentage share:
lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices):
NA%
Labor force: NA
Labor force—by occupation: the Cocos Islands Cooperative
Society Ltd. employs construction workers, stevedores, and lighterage
worker operations; tourism employs others
Unemployment rate:
60% (2000 est.)
Budget:
revenues: $NA
expenditures: $NA, including capital expenditures of $NA
Industries: copra products
and tourism
Industrial production growth
rate: NA%
Electricity—production:
NA kWh
Electricity—production
by source:
fossil fuel: NA%
hydro: NA%
nuclear: NA%
other: NA%
Electricity—consumption:
NA kWh
Electricity—exports:
NA kWh
Electricity—imports:
NA kWh
Agriculture—products:
vegetables, bananas, pawpaws, coconuts
Exports: $NA
Exports—commodities:
copra
Exports—partners: Australia
Imports: $NA
Imports—commodities:
foodstuffs
Imports—partners: Australia
Debt—external: $NA
Economic aid—recipient:
$NA
Currency: 1 Australian dollar
($A) = 100 cents
Exchange rates: Australian dollars per US dollar - 1.9354
(2002), 1.9320 (2001), 1.7173 (2000), 1.5497 (1999), 1.5888 (1998),
1.3439 (1997)
Fiscal year: 1 July—30
June
