Norfolk Island:
Economy

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Other pages in this profile of Norfolk Island:
Geography, People, Government, Communications & Transportation, Military & Transnational Issues.


Economy - overview	Definition Tourism, the primary economic activity, has steadily increased over the years and has brought a level of prosperity unusual among inhabitants of the Pacific islands. The agricultural sector has become self-sufficient in the production of beef, poultry, and eggs.
GDP (purchasing power parity)	Definition - World rank and map $NA
Labor force	Definition NA
Labor force - by occupation	Definition agriculture: 10% industry and services: 90%
Budget	Definition revenues: $4.6 million expenditures: $4.8 million (FY99/00)
Agriculture - products	Definition Norfolk Island pine seed, Kentia palm seed, cereals, vegetables, fruit; cattle, poultry
Industries	Definition tourism, light industry, ready mixed concrete
Electricity - production	Definition - World rank and map NA kWh
Electricity - consumption	Definition - World rank and map NA kWh
Exports	Definition - World rank and map $1.5 million f.o.b. (FY91/92)
Exports - commodities	Definition postage stamps, seeds of the Norfolk Island pine and Kentia palm, small quantities of avocados
Exports - partners	Definition Australia, other Pacific island countries, NZ, Asia, Europe (2006)
Imports	Definition - World rank and map $17.9 million c.i.f. (FY91/92)
Imports - commodities	Definition NA
Imports - partners	Definition Australia, other Pacific island countries, NZ, Asia, Europe (2006)
Debt - external	Definition - World rank and map $NA
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

Norfolk Island: Economy

Norfolk Island:
Economy