| Economy - overview | Norfolk Island is suffering from a severe economic downturn. Tourism, the primary economic activity, is the main driver of economic growth. The agricultural sector has become self-sufficient in the production of beef, poultry, and eggs. |
| GDP (purchasing power parity) | NA |
| Labor force | 978 (2006) |
| Labor force - by occupation | agriculture: 6% industry: 14% services: 80% (2006 est.) |
| Budget | revenues: 4.6 million (FY99/00) expenditures: 4.8 million (FY99/00) |
| Agriculture - products | Norfolk Island pine seed, Kentia palm seed, cereals, vegetables, fruit; cattle, poultry |
| Industries | tourism, light industry, ready mixed concrete |
| Exports | NA |
| Exports - commodities | soybean meal, Norfolk Island pine seeds, Kentia palm seeds, activated carbon, centrifuges, pesticides, postage stamps (2019) |
| Exports - partners | Philippines 29%, Singapore 21%, India 14%, Belgium 7%, Australia 5%, Canada 5% (2019) |
| Imports | $NA |
| Imports - commodities | clothing and apparel, chemical analysis instruments, refined petroleum, cars, kitchen machinery (2019) |
| Imports - partners | New Zealand 23%, Australia 19%, Philippines 19%, Singapore 14%, Fiji 11% (2019) |
| Debt - external | NA |
| Exchange rates | Australian dollars (AUD) per US dollar - 1.311 (2017 est.) 1.3291 (2016 est.) 1.3291 (2015) 1.3291 (2014 est.) 1.1094 (2013 est.) |
| Fiscal year | 1 July - 30 June |
Source: CIA World Factbook
This page was last updated on September 18, 2021
