Economy of Norfolk Island
| 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. |
| GDP (purchasing power parity): | $NA |
| Labor force: | NA |
| Labor force - by occupation: | agriculture: 10% industry and services: 90% |
| Unemployment rate: | 0 |
| Budget: | revenues: $4.6 million expenditures: $4.8 million; including capital expenditures of $2 million (FY99/00) |
| Agriculture - products: | Norfolk Island pine seed, Kentia palm seed, cereals, vegetables, fruit; cattle, poultry |
| Industries: | tourism, light industry, ready mixed concrete |
| Electricity - production: | NA kWh |
| Electricity - production by source: | fossil fuel: 0% hydro: 0% nuclear: 0% other: 0% (2002) |
| Electricity - consumption: | NA kWh |
| Exports: | $1.5 million f.o.b. (FY91/92) |
| Exports - commodities: | postage stamps, seeds of the Norfolk Island pine and Kentia palm, small quantities of avocados |
| Exports - partners: | Australia, other Pacific island countries, NZ, Asia, Europe (2006) |
| Imports: | $17.9 million c.i.f. (FY91/92) |
| Imports - commodities: | NA |
| Imports - partners: | Australia, other Pacific island countries, NZ, Asia, Europe (2006) |
| Debt - external: | $NA |
| Economic aid - recipient: | $NA |
| Currency (code): | Australian dollar (AUD) |
| Currency code: | AUD |
| Exchange rates: | Australian dollars per US dollar - 1.3285 (2006), 1.3095 (2005), 1.3598 (2004), 1.5419 (2003), 1.8406 (2002) |
| Fiscal year: | 1 July - 30 June |