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Cocos (Keeling) Islands Economy 1996

Overview:

Grown throughout the islands, coconuts are the sole cash crop. Copra and fresh coconuts are the major export earners. Small local gardens and fishing contribute to the food supply, but additional food and most other necessities must be imported from Australia.

National product:

GDP $NA

National product real growth rate:

NA%

National product per capita:

$NA

Inflation rate (consumer prices):

NA%

Budget:

revenues:

$NA

expenditures:

$NA, including capital expenditures of $NA

Exports:

$NA

commodities:

copra

partners:

Australia

Imports:

$NA

commodities:

foodstuffs

partners:

Australia

External debt:

$NA

Industrial production:

growth rate NA%

Electricity:

capacity:

1,000 kW

production:

2 million kWh

consumption per capita:

2,980 kWh (1990)

Industries:

copra products

Agriculture:

gardens provide vegetables, bananas, pawpaws, coconuts

Economic aid:

none

Currency:

1 Australian dollar ($A) = 100 cents

Exchange rates:

Australian dollars ($A) per US$1 - 1.3058 (January 1995), 1.3667 (1994), 1.4704 (1993), 1.3600 (1992), 1.2836 (1991), 1.2799 (1990)

Fiscal year:

1 July - 30 June

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