Economy - overview:
American Samoa has a traditional Polynesian economy in which more than 90% of the land is communally owned. Economic activity is strongly linked to the US with which American Samoa conducts most of its commerce. Tuna fishing and tuna processing plants are the backbone of the private sector with canned tuna the primary export. The two tuna canneries account for 80% of employment. In late September 2009, an earthquake and the resulting tsunami devastated American Samoa and nearby Samoa, disrupting transportation and power generation, and resulting in about 200 deaths. The US Federal Emergency Management Agency is overseeing a relief program of nearly $25 million. Transfers from the US Government add substantially to American Samoa's economic well being. Attempts by the government to develop a larger and broader economy are restrained by Samoa's remote location, its limited transportation, and its devastating hurricanes. Tourism is a promising developing sector.
GDP (purchasing power parity): GDP (official exchange rate): GDP - real growth rate: GDP - per capita (PPP): GDP - composition, by sector of origin:
Agriculture - products: Industries: Industrial production growth rate: Labor force: Unemployment rate: Population below poverty line: Household income or consumption by percentage share:
Budget:
Taxes and other revenues: Budget surplus (+) or deficit (-): Fiscal year: Inflation rate (consumer prices): Exports: Exports - commodities: Imports: Imports - commodities: Debt - external: Exchange rates:
NOTE: 1) The information regarding American Samoa on this page is re-published from the 2015 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of American Samoa Economy 2015 information contained here. All suggestions for corrections of any errors about American Samoa Economy 2015 should be addressed to the CIA.
$575.3 million (2007 est.)
country comparison to the world: 214
[see also: GDP country ranks ]
$462.2 million (2005)
[see also: GDP (official exchange rate) country ranks ]
3% (2003)
country comparison to the world: 115
[see also: GDP - real growth rate country ranks ]
$8,000 (2007 est.)
country comparison to the world: 134
[see also: GDP - per capita country ranks ]
agriculture:
NA%
industry:
NA%
services:
NA%
bananas, coconuts, vegetables, taro, breadfruit, yams, copra, pineapples, papayas; dairy products, livestock
tuna canneries (largely supplied by foreign fishing vessels), handicrafts
NA%
[see also: Industrial production growth rate country ranks ]
17,630 (2005)
country comparison to the world: 211
[see also: Labor force country ranks ]
29.8% (2005)
country comparison to the world: 180
[see also: Unemployment rate country ranks ]
NA%
[see also: Population below poverty line country ranks ]
lowest 10%:
NA%
highest 10%:
NA%
revenues:
$155.4 million
expenditures:
$183.6 million (2007 est.)
33.6% of GDP (2007)
country comparison to the world: 72
[see also: Taxes and other revenues country ranks ]
-6.1% of GDP (2007)
country comparison to the world: 178
[see also: Budget surplus (+) or deficit (-) country ranks ]
1 October - 30 September
NA%
[see also: Inflation rate (consumer prices) country ranks ]
$445.6 million (FY04 est.)
country comparison to the world: 177
[see also: Exports country ranks ]
canned tuna 93%
$308.8 million (FY04 est.)
country comparison to the world: 199
[see also: Imports country ranks ]
raw materials for canneries, food, petroleum products, machinery and parts
$NA
[see also: Debt - external country ranks ]
the US dollar is used
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
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This page was last modified 10-Feb-15