| 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. |
| GDP |
purchasing power parity - NA |
| GDP - real growth rate |
NA |
| GDP - per capita |
purchasing power parity - NA |
| GDP - composition by sector |
agriculture: na
industry: na
services: na |
| Investment gross fixed |
|
| Population below poverty line |
NA |
| Household income or consumption by percentage share |
lowest 10%: na
highest 10%: na |
| Distribution of family income - Gini index |
|
| Inflation rate consumer prices |
NA |
| Labor force |
12 able-bodied men (1997) |
| Labor force by occupation |
no business community in the usual sense; some public works; subsistence farming and fishing |
| Unemployment rate |
NA |
| Budget |
revenues: $729,900
expenditures: $878,100, including capital expenditures of na (fy94/95 est.) |
| Public debt |
|
| Agriculture products |
wide variety of fruits and vegetables, goats, chickens |
| Industries |
postage stamps, handicrafts |
| Industrial production growth rate |
NA |
| Electricity production |
NA kWh; note - electric power is provided by a small diesel-powered generator |
| Electricity production by source |
|
| Electricity consumption |
NA kWh |
| Electricity exports |
|
| Electricity imports |
|
| Oil production |
|
| Oil consumption |
|
| Oil exports |
|
| Oil imports |
|
| Oil proved reserves |
|
| Natural gas production |
|
| Natural gas consumption |
|
| Natural gas exports |
|
| Natural gas imports |
|
| Natural gas proved reserves |
|
| Current account balance |
|
| Exports |
NA |
| Exports commodities |
fruits, vegetables, curios, stamps |
| Exports partners |
NA (2000) |
| Imports |
NA |
| Imports commodities |
fuel oil, machinery, building materials, flour, sugar, other foodstuffs |
| Imports partners |
NA (2000) |
| Reserves of foreign exchange gold |
|
| Debt external |
NA |
| Economic aid recipient |
NA |
| Currency |
New Zealand dollar (NZD) |
| Currency code |
NZD |
| Exchange rates |
New Zealand dollars per US dollar - 1.7229 (2003), 2.162 (2002), 2.3776 (2001), 2.1863 (2000), 1.8886 (1999) |
| Fiscal year |
1 April - 31 March |