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Cocos (Keeling) Islands:
Economy

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Cocos (Keeling) Islands Page


Other pages in this profile of the Cocos Islands:
Geography, People, Government, Communications & Transportation, Military & Transnational Issues.
Economy - overview
Definition
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)
Definition - World rank and map
$NA
Labor force
Definition
NA
Labor force - by occupation
Definition
note: the Cocos Islands Cooperative Society Ltd. employs construction workers, stevedores, and lighterage workers; tourism employs others
Unemployment rate
Definition - World rank and map
60% (2000 est.)
Budget
Definition
revenues: $NA
expenditures: $NA
Agriculture - products
Definition
vegetables, bananas, pawpaws, coconuts
Industries
Definition
copra products and tourism
Exports
Definition - World rank and map
$NA
Exports - commodities
Definition
copra
Exports - partners
Definition
Australia (2006)
Imports
Definition - World rank and map
$NA
Imports - commodities
Definition
foodstuffs
Imports - partners
Definition
Australia (2006)
Economic aid - recipient
Definition
$NA
Currency (code)
Definition
Australian dollar (AUD)
Exchange rates
Definition
Australian dollars per US dollar - 1.2137 (2007), 1.3285 (2006), 1.3095 (2005), 1.3598 (2004), 1.5419 (2003)
Fiscal year
Definition
1 July - 30 June


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