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
[see also: GDP country ranks ]

Agriculture - products:
Norfolk Island pine seed, Kentia palm seed, cereals, vegetables, fruit; cattle, poultry

Industries:
tourism, light industry, ready mixed concrete

Labor force:
978 (2006)
country comparison to the world: 230
[see also: Labor force country ranks ]

Labor force - by occupation:
agriculture: 6%
[see also: Labor force - by occupation - agriculture country ranks ]
industry: 14%
[see also: Labor force - by occupation - industry country ranks ]
services: 80% (2006 est.)
[see also: Labor force - by occupation - services country ranks ]

Budget:
revenues: $4.6 million
[see also: Budget revenues country ranks ]
expenditures: $4.8 million (FY99/00)
[see also: Budget expenditures country ranks ]

Fiscal year:
1 July - 30 June

Exports:
$NA
[see also: Exports country ranks ]

Exports - commodities:
postage stamps, seeds of the Norfolk Island pine and Kentia palm, small quantities of avocados

Imports:
$NA
[see also: Imports country ranks ]

Imports - commodities:
NA

Debt - external:
$NA
[see also: Debt - external country ranks ]

Exchange rates:
Australian dollars (AUD) per US dollar - 1.33 (2015) 1.04 (2013) 1.04 (2013) 0.97 (2012) 0.97 (2011)