Economy - overview:
The economy depends largely on financial assistance from the UK, which amounted to about $27 million in FY06/07 or more than twice the level of annual budgetary revenues. The local population earns income from fishing, raising livestock, and sales of handicrafts. Because there are few jobs, 25% of the work force has left to seek employment on Ascension Island, on the Falklands, and in the UK.
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: Labor force - by occupation: Unemployment rate: Population below poverty line: Household income or consumption by percentage share: Budget: Fiscal year: Inflation rate (consumer prices): Exports: Exports - commodities: Imports: Imports - commodities: Debt - external: Exchange rates:
$31.1 million (FY09/10 est.)
country comparison to the world: 228
$NA
[see also: GDP (official exchange rate) country ranks ]
NA%
[see also: GDP - real growth rate country ranks ]
$7,800 (FY09/10 est.)
country comparison to the world: 154
agriculture: NA%
[see also: GDP - composition, by sector of origin - agriculture country ranks ]
industry: NA%
[see also: GDP - composition, by sector of origin - industry country ranks ]
services: NA%
[see also: GDP - composition, by sector of origin - services country ranks ]
coffee, corn, potatoes, vegetables; fish, lobster; livestock; timber
construction, crafts (furniture, lacework, fancy woodwork), fishing, collectible postage stamps
NA%
[see also: Industrial production growth rate country ranks ]
2,486 (1998 est.)
country comparison to the world: 227
[see also: Labor force country ranks ]
agriculture: 6%
[see also: Labor force - by occupation - agriculture country ranks ]
industry: 48%
[see also: Labor force - by occupation - industry country ranks ]
services: 46% (1987 est.)
[see also: Labor force - by occupation - services country ranks ]
14% (1998 est.)
country comparison to the world: 169
[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: $8.342 million
[see also: Budget - revenues country ranks ]
expenditures: $20.49 million
[see also: Budget - expenditures country ranks ]
note: revenue data reflect locally raised revenues only; the budget deficit is resolved by grant aid from the UK (FY06/07 est.)
1 April - 31 March
4% (2012 est.)
country comparison to the world: 158
[see also: Inflation rate (consumer prices) country ranks ]
$19 million (2004 est.)
country comparison to the world: 212
[see also: Exports country ranks ]
fish (frozen, canned, and salt-dried skipjack, tuna), coffee, handicrafts
$20.53 million (2010 est.)
country comparison to the world: 217
[see also: Imports country ranks ]
food, beverages, tobacco, fuel oils, animal feed, building materials, motor vehicles and parts, machinery and parts
$NA
[see also: Debt - external country ranks ]
Saint Helenian pounds (SHP) per US dollar -
0.7836 (2017)
0.6542 (2016)
0.6542 (2015)
0.607 (2014 est.)
0.6391 (2013 est.)