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| 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 |
| 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 | 3.2% (1997 est.) |
| Labor force | 3,500 note: 1,200 work offshore (1998 est.) |
| 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 (fy92/93) |
| Public debt | |
| Agriculture products | corn, potatoes, vegetables; timber; fish, crawfish (on Tristan da Cunha) |
| Industries | construction, crafts (furniture, lacework, fancy woodwork), fishing |
| Industrial production growth rate | NA |
| Electricity production | 5 million kWh (2001) |
| Electricity production by source |
fossil fuel: 100% hydro: 0% other: 0% (2001) nuclear: 0% |
| Electricity consumption | 4.65 million kWh (2001) |
| Electricity exports | 0 kWh (2001) |
| Electricity imports | 0 kWh (2001) |
| Oil production | 0 bbl/day (2001 est.) |
| Oil consumption | 200 bbl/day (2001 est.) |
| Oil exports | NA (2001) |
| Oil imports | NA (2001) |
| Oil proved reserves | |
| Natural gas production | |
| Natural gas consumption | |
| Natural gas exports | |
| Natural gas imports | |
| Natural gas proved reserves | |
| Current account balance | |
| Exports | $17 million f.o.b. (2002) |
| Exports commodities | fish (frozen, canned, and salt-dried skipjack, tuna), coffee, handicrafts |
| Exports partners | US 26.7%, Tanzania 21.9%, Indonesia 9.4%, UK 8.7%, Japan 7.4%, Netherlands 7.2%, Nigeria 6.8%, Poland 5%, Spain 4.9% (2003) |
| Imports | $42 million c.i.f. (2002) |
| Imports commodities | food, beverages, tobacco, fuel oils, animal feed, building materials, motor vehicles and parts, machinery and parts |
| Imports partners | UK 29.1%, South Africa 24.7%, Spain 16.4%, Italy 8.8%, Tanzania 8.2%, US 5.8% (2003) |
| Reserves of foreign exchange gold | |
| Debt external | NA (1996) |
| Economic aid recipient | $12.6 million (1995); note - $5.3 million from UK (1997) |
| Currency | Saint Helenian pound (SHP) |
| Currency code | SHP |
| Exchange rates | Saint Helenian pounds per US dollar - 0.6661 (2002), 0.6944 (2001), 0.6596 (2000), 0.6180 (1999), 0.6037 (1998), |
| Fiscal year | 1 April - 31 March |
Introduction and Background to Saint Helena | Geography Of Saint Helena | People Of Saint Helena | Government Of Saint Helena | Communications Of Saint Helena | Transportation Of Saint Helena | Military Of Saint Helena | Transnational Issues Of Saint Helena
Saint Flag Map Of Saint Helena
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