Norfolk Island Economy - 1986

GEOGRAPHICAL NAMES 

Agriculture: Kentia palm seed, cereals, vegetables, fruit

Major industries: tourism ($10 million)

Electric power: 7,000 kW capacity (1985); 8 million kWh produced (1985), 3,300 kWh per capita

Exports: $2 9 billion (1982-83); seed of the Norfolk Island pine; Kentia palm seeds, small quantities of avocados

Imports: $15.1 million (1982-83)

Major trade partners: imports—Australia and Pacific Islands, New Zealand, Asia, Europe; exports—Australia and Pacific Islands, New Zealand, Asia, and Europe

Budget: revenue, $2.7 million; expenditure, $3.3 million (1983); main source of income is sale of postage stamps and customs duties; expenses—administrative $1.2 million, education $0.5 million, health $0.5 million, welfare $0.2 million, maintenance $0.1 million

Norfolk Island

Monetary conversion rate: 1.44 Australian dollars=US$l (5 February 1986)

Fiscal year: 1 July-30 June

NOTE: The information regarding Norfolk Island on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Norfolk Island 1986 information contained here. All suggestions for corrections of any errors about Norfolk Island 1986 should be addressed to the CIA or the source cited on each page.