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Economy - overview: |
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.
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GDP: |
purchasing power parity - $NA
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GDP - real growth rate: |
NA%
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GDP - per capita: |
purchasing power parity - $NA
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GDP - composition by sector: |
agriculture:
NA%
industry:
NA%
services:
NA%
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Population below poverty line: |
NA%
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Household income or consumption by percentage share: |
lowest 10%:
NA%
highest 10%:
NA%
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Inflation rate (consumer prices): |
NA%
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Labor force: |
1,395 (1991 est.)
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Labor force - by occupation: |
tourism NA%, subsistence agriculture NA%
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Budget: |
revenues:
$4.6 million
expenditures:
$4.8 million, including capital expenditures of $NA (FY92/93)
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Industrial production growth rate: |
NA%
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Electricity - production: |
NA kWh
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Electricity - production by source: |
fossil fuel:
NA%
hydro:
NA%
nuclear:
NA%
other:
NA%
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Electricity - consumption: |
NA kWh
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Agriculture - products: |
Norfolk Island pine seed, Kentia palm seed, cereals, vegetables, fruit; cattle, poultry
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Exports: |
$1.5 million (f.o.b., FY91/92)
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Exports - commodities: |
postage stamps, seeds of the Norfolk Island pine and Kentia palm, small quantities of avocados
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Exports - partners: |
Australia, other Pacific island countries, NZ, Asia, Europe
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Imports: |
$17.9 million (c.i.f., FY91/92)
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Imports - commodities: |
NA
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Imports - partners: |
Australia, other Pacific island countries, NZ, Asia, Europe
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Economic aid - recipient: |
$NA
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Currency: |
Australian dollar (AUD)
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Exchange rates: |
Australian dollars per US dollar - 1.7995 (January 2001), 1.7173 (2000), 1.5497 (1999), 1.5888 (1998), 1.3439 (1997), 1.2773 (1996)
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Fiscal year: |
1 July - 30 June
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