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Economy - overview:
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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. |
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GDP (purchasing power parity):
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NA |
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GDP - real growth rate:
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NA% |
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GDP - composition by sector:
|
agriculture: NA%
industry: NA% services: NA% |
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Labor force:
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NA |
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Labor force - by occupation:
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the Cocos Islands Cooperative Society Ltd. employs construction workers, stevedores, and lighterage workers; tourism employs others |
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Unemployment rate:
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60% (2000 est.) |
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Budget:
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revenues: NA
expenditures: NA |
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Agriculture - products:
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vegetables, bananas, pawpaws, coconuts |
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Industries:
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copra products and tourism |
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Electricity - production by source:
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fossil fuel: NA
hydro: NA nuclear: NA other: NA |
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Exports:
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NA |
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Exports - commodities:
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copra |
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Exports - partners:
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Australia |
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Imports:
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NA |
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Imports - commodities:
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foodstuffs |
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Imports - partners:
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Australia |
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Economic aid - recipient:
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NA |
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Currency (code):
|
Australian dollar (AUD) |
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Currency code:
|
AUD |
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Exchange rates:
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Australian dollars per US dollar - 1.3598 (2004), 1.5419 (2003), 1.8406 (2002), 1.9334 (2001), 1.7248 (2000) |
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Fiscal year:
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1 July - 30 June |
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