exxun.com - Pitcairn Islands

Economy	Pitcairn Islands
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Economy - overview:	The inhabitants of this tiny isolated economy exist on fishing, subsistence farming, handicrafts, and postage stamps. The fertile soil of the valleys produces a wide variety of fruits and vegetables, including citrus, sugarcane, watermelons, bananas, yams, and beans. Bartering is an important part of the economy. The major sources of revenue are the sale of postage stamps to collectors and the sale of handicrafts to passing ships. In October 2004, more than one-quarter of Pitcairn's small labor force was arrested, putting the economy in a bind, since their services were required as lighter crew to load or unload passing ships.
GDP (purchasing power parity):	$NA
GDP - per capita (PPP):	void
GDP (official exchange rate):	void
GDP - real growth rate:	void
GDP - composition by sector:	void
Investment (gross fixed):	void
Population below poverty line:	void
Household income or consumption by percentage share:	void
Distribution of family income - Gini index:	void
Inflation rate (consumer prices):	void
Central bank discount rate:	void
Commercial bank prime lending rate:	void
Stock of money:	void
Stock of money - per capita:	void
Stock of quasi money:	void
Stock of quasi money - per capita:	void
Stock of domestic credit:	void
Stock of domestic credit - per capita:	void
Labor force:	15 able-bodied men (2004)
Labor force participation rate:	31.25 % of population
Labor force - by occupation:	note: no business community in the usual sense; some public works; subsistence farming and fishing
Unemployment rate:	void
Budget:	revenues: $746,000 expenditures: $1.028 million (FY04/05)
Budget revenues per capita:	15,542 USD per capita
Public debt:	void
Industries:	postage stamps, handicrafts, beekeeping, honey
Industrial production growth rate:	void
Electricity - production:	NA kWh; note - electric power is provided by a small diesel-powered generator
Electricity - production per capita:	void
Electricity - consumption:	void
Electricity - consumption - per capita:	void
Electricity - exports:	void
Electricity - imports:	void
Oil - production:	void
Oil - production per capita:	void
Oil - consumption:	void
Oil - consumption - per capita:	void
Oil - exports:	void
Oil - imports:	void
Oil - proved reserves:	void
Natural gas - production:	void
Natural gas - production per capita:	void
Natural gas - consumption:	void
Natural gas - consumption - per capita:	void
Natural gas - exports:	void
Natural gas - imports:	void
Natural gas - proved reserves:	void
Agriculture - products:	honey; wide variety of fruits and vegetables; goats, chickens, fish
Current account balance:	void
Current account balance - per capita:	void
Exports:	$NA
Exports per capita:	void
Exports - commodities:	fruits, vegetables, curios, stamps
Exports - partners:	void
Imports:	$NA
Imports per capita:	void
Imports - commodities:	fuel oil, machinery, building materials, flour, sugar, other foodstuffs
Imports - partners:	void
Reserves of foreign exchange and gold:	void
Reserves of foreign exchange and gold - per capita:	void
Debt - external:	void
Debt - external - per capita:	void
Stock of direct foreign investment - at home:	void
Stock of direct foreign investment - at home - per capita:	void
Stock of direct foreign investment - abroad:	void
Stock of direct foreign investment - abroad - per capita:	void
Market value of publicly traded shares:	void
Market value of publicly traded shares - per capita:	void
Economic aid - donor:	void
Economic aid - recipient:	$3.465 million (2004)
Economic aid - recipient per capita:	72,188 USD per capita
Currency (code):	New Zealand dollar (NZD)
Exchange rates:	New Zealand dollars (NZD) per US dollar - 1.4151 (2008 est.), 1.3811 (2007), 1.5408 (2006), 1.4203 (2005), 1.5087 (2004)
Fiscal year:	1 April - 31 March

= Fields = World Records = Dictionary = Bar graph = Distribution map = Fields History = Definitions



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This page was last updated on 29 June, 2009

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