|
|
Advertisements:
EconomyEconomy - overview
Coconuts, grown throughout the islands, are the sole cash crop. Small local gardens and fishing contribute to the food supply, but additional food and most other necessities must be imported from Australia. There is a small tourist industry. Gdp (purchasing power parity)
$NA
Gdp - real growth rate World Ranking: 180
1% (2003)
Labor force
NA
Labor force - by occupation
Note
The Cocos Islands Cooperative Society Ltd. employs construction workers, stevedores, and lighterage workers; tourism is the other main source of employment Unemployment rate World Ranking: 195
60% (2000 est.)
Budget
Revenues $NA
Expenditures $NA Agriculture - products
Vegetables, bananas, pawpaws, coconuts Industries
Copra products and tourism
Exports
$NA
Exports - commodities
Copra
Imports
$NA
Imports - commodities
Foodstuffs
Exchange rates
Australian dollars (AUD) per US dollar - 0.9695 (2011)1.0902 (2010) 1.2822 (2009) 1.2059 (2008) 1.2137 (2007) Fiscal year
1 July - 30 June
Comments
Add a new comment: |
Advertisement
Members area
Cocos ( Keeling ) Islands [ Australia ] (Australia):
  |
||||||||
There are 27 coral islands in the group. Captain William KEELING discovered the islands in 1609, but they remained uninhabited until the 19th century. From the 1820s to 1978, members of the CLUNIE-ROSS family controlled the islands and the copra produced from local coconuts. Annexed by the UK in 1857, the Cocos Islands were transferred to the Australian Government in 1955. The population on the two inhabited islands generally is split between the ethnic Europeans on West Island and the ethnic Malays on Home Island.