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Christmas Island:
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Economy - overview |
Definition Phosphate mining had been the only significant economic activity, but in December 1987 the Australian Government closed the mine. In 1991, the mine was reopened. With the support of the government, a $34 million casino opened in 1993, but closed in 1998. The Australian Government in 2001 agreed to support the creation of a commercial space-launching site on the island, expected to begin operations in the near future. |
GDP (purchasing power parity) |
Definition - World rank and map $NA |
Labor force |
Definition NA |
Budget |
Definition revenues: $NA expenditures: $NA |
Agriculture - products |
Definition NA |
Industries |
Definition tourism, phosphate extraction (near depletion) |
Exports |
Definition - World rank and map $NA |
Exports - commodities |
Definition phosphate |
Exports - partners |
Definition Australia, NZ (2006) |
Imports |
Definition - World rank and map $NA |
Imports - commodities |
Definition consumer goods |
Imports - partners |
Definition principally 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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