Short facts about the economy in Cocos (Keeling) Islands

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 workers; tourism employs others

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

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:

Australian dollar (AUD)

Currency code:

AUD

Exchange rates:

Australian dollars per US dollar - 1.7995 (January 2001), 1.7173 (2000), 1.5497 (1999), 1.5888 (1998), 1.3439 (1997), 1.2773 (1996)

Fiscal year:

1 July - 30 June

Source: World Factbook