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British Indian Ocean Territory:
Economy

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British Indian Ocean Territory Page


Other pages in this profile of the British Indian Ocean Territory:
Geography, People, Government, Communications & Transportation, Military & Transnational Issues.
Economy - overview
Definition
All economic activity is concentrated on the largest island of Diego Garcia, where a joint UK-US military facility is located. Construction projects and various services needed to support the military installation are performed by military and contract employees from the UK, Mauritius, the Philippines, and the US. There are no industrial or agricultural activities on the islands. When the native Ilois return, they plan to reestablish sugarcane production and fishing. The territory earns foreign exchange by selling fishing licenses and postage stamps.
Electricity - production
Definition - World rank and map
NA kWh; note - electricity supplied by the US military
Electricity - consumption
Definition - World rank and map
NA kWh
Currency (code)
Definition
both the British Pound (GBP) and the US Dollar (USD) are accepted


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