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The Economy of Cocos (Keeling) Islands

Cocos Islander Economy

Cocos (Keeling) Islands' map

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:

GDP - real growth rate:

GDP - per capita:

GDP - composition by sector:

Population below poverty line:

Household income or consumption by percentage share:

Distribution of family income - Gini index:

Inflation rate (consumer prices):

Labor force: NA

Labor force - by occupation: note: 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

Industries: copra products and tourism

Industrial production growth rate:

Electricity - production:

Electricity - production by source:

Electricity - consumption:

Electricity - exports:

Electricity - imports:

Oil - production:

Oil - consumption:

Oil - exports:

Oil - imports:

Oil - proved reserves:

Natural gas - production:

Natural gas - consumption:

Natural gas - exports:

Natural gas - imports:

Natural gas - proved reserves:

Agriculture - products: vegetables, bananas, pawpaws, coconuts

Exports: $NA

Exports - commodities: copra

Exports - partners:

Imports: $NA

Imports - commodities: foodstuffs

Imports - partners:

Debt - external:

Economic aid - recipient:

Currency:

Currency code:

Exchange rates: Australian dollars (AUD) per US dollar - 1.2059 (2008 est.), 1.2137 (2007), 1.3285 (2006), 1.3095 (2005), 1.3598 (2004)

Fiscal year: