Christmas Island:
Economy


Economy - overview	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)	$NA
Labor force	NA
Budget	revenues: $NA expenditures: $NA
Agriculture - products	NA
Industries	tourism, phosphate extraction (near depletion)
Exports	$NA
Exports - commodities	phosphate
Exports - partners	Australia, NZ (2006)
Imports	$NA
Imports - commodities	consumer goods
Imports - partners	principally Australia (2006)
Economic aid - recipient	$NA
Currency (code)	Australian dollar (AUD)
Exchange rates	Australian dollars per US dollar - 1.3285 (2006), 1.3095 (2005), 1.3598 (2004), 1.5419 (2003), 1.8406 (2002)
Fiscal year	1 July - 30 June