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Norfolk Island Economy 2012

SOURCE: 2012 CIA WORLD FACTBOOK AND OTHER SOURCES











Norfolk Island Economy 2012
SOURCE: 2012 CIA WORLD FACTBOOK AND OTHER SOURCES


Page last updated on February 23,

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
[see also: GDP country ranks ]

Labor force:
978 (2006)
country comparison to the world: 226
[see also: Labor force country ranks ]

Labor force - by occupation:
agriculture: 10%
[see also: Labor force - by occupation - agriculture country ranks ]
industry and services: 90% (2000 est.)

Budget:
revenues: $4.6 million
[see also: Budget revenues country ranks ]
expenditures: $4.8 million (FY99/00)
[see also: Budget expenditures country ranks ]

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
[see also: Electricity - production country ranks ]

Electricity - consumption:
NA kWh
[see also: Electricity - consumption country ranks ]

Exports:
$NA (FY91/92)
[see also: Exports country ranks ]

Exports - commodities:
postage stamps, seeds of the Norfolk Island pine and Kentia palm, small quantities of avocados

Imports:
$NA
[see also: Imports country ranks ]

Imports - commodities:
NA

Debt - external:
$NA
[see also: Debt - external country ranks ]

Exchange rates:
Australian dollars (AUD) per US dollar -

0.9694 (2011)
1.0902 (2010)
1.2822 (2009)
1.2059 (2008)
1.2137 (2007)


NOTE: 1) The information regarding Norfolk Island on this page is re-published from the 2012 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Norfolk Island Economy 2012 information contained here. All suggestions for corrections of any errors about Norfolk Island Economy 2012 should be addressed to the CIA.
2) The rank that you see is the CIA reported rank, which may habe the following issues:
  a) They assign increasing rank number, alphabetically for countries with the same value of the ranked item, whereas we assign them the same rank.
  b) The CIA sometimes assignes counterintuitive ranks. For example, it assigns unemployment rates in increasing order, whereas we rank them in decreasing order






This page was last modified 07-Mar-12
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