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![]() ![]() Pitcairn Islands (overseas territory of the UK) Economy 1999
Economyoverview: The inhabitants exist on fishing and subsistence farming. 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$NA GDPreal growth rate: NA% GDPper capita: purchasing power parity$NA
GDPcomposition by sector:
Population below poverty line: NA%
Household income or consumption by percentage share:
Inflation rate (consumer prices): NA% Labor force: 14 able-bodied men (1993) Labor forceby occupation: no business community in the usual sense; some public works; subsistence farming and fishing Unemployment rate: NA%
Budget:
Industries: postage stamps, handicrafts Industrial production growth rate: NA% Electricityproduction: NA kWh
Electricityproduction by source:
Electricityconsumption: NA kWh Electricityexports: NA kWh Electricityimports: NA kWh Agricultureproducts: wide variety of fruits and vegetables Exports: $NA Exportscommodities: fruits, vegetables, curios Exportspartners: NA Imports: $NA Importscommodities: fuel oil, machinery, building materials, flour, sugar, other foodstuffs Importspartners: NA Debtexternal: $NA Economic aidrecipient: $NA Currency: 1 New Zealand dollar (NZ$) = 100 cents Exchange rates: New Zealand dollars (NZ$) per US$11.8560 (January 1999), 1.8629 (1998), 1.5083 (1997), 1.4543 (1996), 1.5235 (1995), 1.6844 (1994) Fiscal year: 1 April31 March
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