|
| Economy - overview: |
The economy depends largely on financial assistance from the UK, which amounted to about $5 million in 1997 or almost one-half of annual budgetary revenues. The local population earns income from fishing, the raising of livestock, and sales of handicrafts. Because there are few jobs, 25% of the work force has left to seek employment on Ascension Island, on the Falklands, and in the UK.
|
| GDP: |
purchasing power parity - $18 million (1998 est.)
|
| GDP - real growth rate: |
NA%
|
| GDP - per capita: |
purchasing power parity - $2,500 (1998 est.)
|
| GDP - composition by sector: |
agriculture:
NA%
industry:
NA%
services:
NA%
|
| Population below poverty line: |
NA%
|
| Household income or consumption by percentage share: |
lowest 10%:
NA%
highest 10%:
NA%
|
| Inflation rate (consumer prices): |
3.2% (1997 est.)
|
| Labor force: |
3,500 (1998 est.)
note:
1,200 of whom are working offshore
|
| Labor force - by occupation: |
agriculture and fishing 6%, industry (mainly construction) 48%, services 46% (1987 est.)
|
| Unemployment rate: |
14% (1998 est.)
|
| Budget: |
revenues:
$11.2 million
expenditures:
$11 million, including capital expenditures of $NA (FY92)
|
| Industries: |
construction, crafts (furniture, lacework, fancy woodwork), fishing
|
| Industrial production growth rate: |
NA%
|
| Electricity - production: |
6 million kWh (1999)
|
| Electricity - production by source: |
fossil fuel:
100%
hydro:
0%
nuclear:
0%
other:
0% (1999)
|
| Electricity - consumption: |
5.6 million kWh (1999)
|
| Electricity - exports: |
0 kWh (1999)
|
| Electricity - imports: |
0 kWh (1999)
|
| Agriculture - products: |
corn, potatoes, vegetables; timber; fish, crawfish (on Tristan da Cunha)
|
| Exports: |
$704,000 (f.o.b., 1995)
|
| Exports - commodities: |
fish (frozen, canned, and salt-dried skipjack, tuna), coffee, handicrafts
|
| Exports - partners: |
South Africa, UK
|
| Imports: |
$14.434 million (c.i.f., 1995)
|
| Imports - commodities: |
food, beverages, tobacco, fuel oils, animal feed, building materials, motor vehicles and parts, machinery and parts
|
| Imports - partners: |
UK, South Africa
|
| Economic aid - recipient: |
$12.6 million (1995); note - $5.3 million from UK (1997)
|
| Currency: |
Saint Helenian pound (SHP)
|
| Exchange rates: |
Saint Helenian pounds per US dollar - 0.6764 (January 2001), 0.6596 (2000), 0.6180 (1999), 0.6037 (1998), 0.6047 (1997), 0.6403 (1996); note - the Saint Helenian pound is at par with the British pound
|
| Fiscal year: |
1 April - 31 March
|
|
|
|
