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 accounted for 13.1% of employment in 2013.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 oversaw 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. In 2015, a new fish processing company completed refurbishing the processing facilities left behind by one of the two canneries that closed in 2009 and opened a new cannery. With two operating canneries once again, fish processing and exports will rise in the coming years.
GDP (purchasing power parity): GDP (official exchange rate): GDP - real growth rate: GDP - per capita (PPP): GDP - composition, by end use: GDP - composition, by sector of origin: Agriculture - products: Industries: Industrial production growth rate: Labor force: Labor force - by occupation: 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: Exports - partners: Imports: Imports - commodities: Imports - partners: Debt - external: Exchange rates:
$711 million (2013 est.)
$718 million (2012 est.)
$647 million (2012 est.)
country comparison to the world: 208
$748.6 million (2005)
[see also: GDP (official exchange rate) country ranks ]
-2.4% (2013 est.)
-2.7% (2012 est.)
0.6% (2012 est.)
country comparison to the world: 213
[see also: GDP - real growth rate country ranks ]
$13,000 (2013 est.)
$13,100 (2012 est.)
$11,700 (2011 est.)
country comparison to the world: 120
household consumption: 54.6%
[see also: GDP - composition, by end use - household consumption country ranks ]
government consumption: 52.8%
[see also: GDP - composition, by end use - government consumption country ranks ]
investment in fixed capital: 2.7%
[see also: GDP - composition, by end use - investment in fixed capital country ranks ]
investment in inventories: 2.3%
[see also: GDP - composition, by end use - investment in inventories country ranks ]
exports of goods and services: 54.4%
[see also: GDP - composition, by end use - exports of goods and services country ranks ]
imports of goods and services: -66.8% (2013)
[see also: GDP - composition, by end use - imports of goods and services country ranks ]
agriculture: 27.4%
[see also: GDP - composition, by sector of origin - agriculture country ranks ]
industry: 12.4%
[see also: GDP - composition, by sector of origin - industry country ranks ]
services: 60.2% (2012)
[see also: GDP - composition, by sector of origin - services country ranks ]
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 ]
16,090 (2013)
country comparison to the world: 215
[see also: Labor force country ranks ]
agriculture: NA
[see also: Labor force - by occupation - agriculture country ranks ]
industry: 13.1%
[see also: Labor force - by occupation - industry country ranks ]
services: 86.9% (2013)
[see also: Labor force - by occupation - services country ranks ]
29.8% (2005)
country comparison to the world: 203
[see also: Unemployment rate country ranks ]
NA%
[see also: Population below poverty line country ranks ]
lowest 10%: NA%
[see also: Household income or consumption by percentage share - lowest 10% country ranks ]
highest 10%: NA%
revenues: $241.2 million
[see also: Budget - revenues country ranks ]
expenditures: $243.7 million (2013 est.)
[see also: Budget - expenditures country ranks ]
32.2% of GDP (2013 est.)
country comparison to the world: 73
[see also: Taxes and other revenues country ranks ]
-0.3% of GDP (2013 est.)
country comparison to the world: 40
[see also: Budget surplus (+) or deficit (-) country ranks ]
1 October - 30 September
2.1% (2013)
3.5% (2012)
country comparison to the world: 100
[see also: Inflation rate (consumer prices) country ranks ]
$459 million (2013 est.)
$489 million (2012)
country comparison to the world: 177
[see also: Exports country ranks ]
canned tuna 93%
Australia 21.6%, Ghana 16.1%, Netherlands 11.5%, Burma 8.1%, South Korea 7.9%, Colombia 4.7%, Indonesia 4.3% (2016)
$564 million (2013 est.)
$508 million (2012)
country comparison to the world: 187
[see also: Imports country ranks ]
raw materials for canneries, food, petroleum products, machinery and parts
Singapore 22.6%, NZ 19.1%, Samoa 8.7%, Malaysia 8.2%, Fiji 7.6%, South Korea 7.4%, Australia 4.6% (2016)
$NA
[see also: Debt - external country ranks ]
the US dollar is used