Christmas Island Economy
Economy - overviewPhosphate 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
Population below poverty line
NA
Household income or consumption by percentage share
lowest 10%: NA
highest 10%: NA
Inflation rate
NA
Labor force
NA
Labor force - by occupation
NA
Unemployment rate
NA
Budget
revenues: NA
expenditures: NA, including capital expenditures of NA
Agriculture - products
NA
Industries
tourism, phosphate extraction (near depletion)
Industrial production growth rate
NA
Electricity - production
NA kWh
Electricity - consumption
NA kWh
Exports
NA
Exports - commodities
phosphate
Exports - partners
Australia, NZ
Imports
NA
Imports - commodities
consumer goods
Imports - partners
principally Australia
Debt - external
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)
