Economy of Norfolk Island
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
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:
1,395 (1991 est.)
Labor force - by occupation:
tourism NA%, subsistence agriculture NA%
Unemployment rate:
NA%
Budget:
revenues:
$4.6 million
expenditures:
$4.8 million, including capital expenditures of $NA (FY92/93)
Industries:
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:
Norfolk Island pine seed, Kentia palm seed, cereals, vegetables, fruit; cattle, poultry
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
Exports - partners:
Australia, other Pacific island countries, NZ, Asia, Europe
Imports:
$17.9 million (c.i.f., FY91/92)
Imports - commodities:
NA
Imports - partners:
Australia, other Pacific island countries, NZ, Asia, Europe
Debt - external:
$NA
Economic aid - recipient:
$NA
Currency:
1 Australian dollar ($A) = 100 cents
Exchange rates:
Australian dollars ($A) per US$1 - 1.5207 (January 2000), 1.5497 (1999), 1.5888 (1998), 1.3439 (1997), 1.2773 (1996), 1.3486 (1995)
Fiscal year:
1 July - 30 June
- See also : Norfolk Island
Referenced By
History of Norfolk Island | ISO 3166-1:NF | Norfolk Island | Norfolk Island/History
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