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Cocos (Keeling) Islands

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Cocos (Keeling) Islands Economy

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.)

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
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

Agriculture - products
vegetables, bananas, pawpaws, coconuts

Industries
copra products and tourism

Industrial production growth rate
NA

Electricity - production
NA kWh

Electricity - consumption
NA kWh

Exports
NA

Exports - commodities
copra

Exports - partners
Australia

Imports
NA

Imports - commodities
foodstuffs

Imports - partners
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)



- Info Provided by the CIA World Factbook -


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