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Cocos (Keeling) Islands(territory of Australia) Economy
Economyoverview: 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. GDP: purchasing power parity$NA GDPreal growth rate: NA% GDPper capita: purchasing power parity$NA
GDPcomposition by sector:
Population below poverty line: NA%
Household income or consumption by percentage share:
Inflation rate (consumer prices): NA% Labor force: NA Labor forceby occupation: the Cocos Islands Cooperative Society Ltd. employs construction workers, stevedores, and lighterage worker operations; tourism employs others
Budget:
Industries: copra products and tourism Industrial production growth rate: NA% Electricityproduction: NA kWh
Electricityproduction by source:
Electricityconsumption: NA kWh Electricityexports: NA kWh Electricityimports: NA kWh Agricultureproducts: vegetables, bananas, pawpaws, coconuts Exports: $NA Exportscommodities: copra Exportspartners: Australia Imports: $NA Importscommodities: foodstuffs Importspartners: Australia Debtexternal: $NA Economic aidrecipient: $NA Currency: 1 Australian dollar ($A) = 100 cents Exchange rates: Australian dollars ($A) per US$11.5853 (January 1999), 1.5888 (1998), 1.3439 (1997), 1.2773 (1996), 1.3486 (1995), 1.3667 (1994) Fiscal year: 1 July30 June
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