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Saint Helena is a British Overseas Territory consisting of Saint Helena and Ascension Islands, and the island group of Tristan da Cunha.


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Economy

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) World Ranking: 225
$18 million (1998 est.)

Gdp (official exchange rate)
$NA

Gdp - real growth rate
NA%

Gdp - per capita (ppp) World Ranking: 179
$2,500 (1998 est.)

Gdp - composition by sector
Agriculture NA%
Industry NA%
Services NA%

Labor force World Ranking: 225
2,486 (1998 est.)

Labor force - by occupation
Agriculture 6%
Industry 48%
Services 46% (1987 est.)

Unemployment rate World Ranking: 140
14% (1998 est.)

Population below poverty line
NA%

Household income or consumption by percentage share
Lowest 10% NA%
Highest 10% NA%

Budget
Revenues $10.58 million
Expenditures $26 million
Note
Revenue data reflect locally raised revenues only; the budget deficit is resolved by grant aid from the United Kingdom (FY06/07 est.)

Inflation rate (consumer prices) World Ranking: 64
3.2% (1997 est.)

Agriculture - products
Coffee, corn, potatoes, vegetables; fish, lobster; livestock; timber

Industries
Construction, crafts (furniture, lacework, fancy woodwork), fishing, philatelic sales

Industrial production growth rate
NA%

Electricity - production World Ranking: 210
8 million kWh (2008 est.)

Electricity - consumption World Ranking: 212
7.44 million kWh (2008 est.)

Electricity - exports
0 kWh (2009 est.)

Electricity - imports
0 kWh (2009 est.)

Oil - production World Ranking: 128
0 bbl/day (2010 est.)

Oil - consumption World Ranking: 208
100 bbl/day (2010 est.)

Oil - exports World Ranking: 190
0 bbl/day (2009 est.)

Oil - imports World Ranking: 204
84.68 bbl/day (2009 est.)

Oil - proved reserves World Ranking: 181
0 bbl (1 January 2011 est.)

Natural gas - production World Ranking: 115
0 cu m (2009 est.)

Natural gas - consumption World Ranking: 121
0 cu m (2009 est.)

Natural gas - exports World Ranking: 166
0 cu m (2009 est.)

Natural gas - imports World Ranking: 116
0 cu m (2009 est.)

Natural gas - proved reserves World Ranking: 117
0 cu m (1 January 2011 est.)

Exports World Ranking: 206
$19 million (2004 est.)

Exports - commodities
Fish (frozen, canned, and salt-dried skipjack, tuna), coffee, handicrafts

Imports World Ranking: 217
$45 million (2004 est.)

Imports - commodities
Food, beverages, tobacco, fuel oils, animal feed, building materials, motor vehicles and parts, machinery and parts

Debt - external
$NA

Exchange rates
Saint Helenian pounds (SHP) per US dollar -
0.6241 (2011)
0.6472 (2010)
0.6175 (2009)
0.5302 (2008)
0.4993 (2007)

Fiscal year
1 April - 31 March


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  Saint Helena [ United Kingdom ] (Overseas Territory):


  GPS points from Saint Helena [ United Kingdom ] (Overseas Territory)

Sandy Bay Barn Saint Helena

Cavalho Hole Saint Helena

Myrtle Grove Saint Helena

Lemon Tree Gut Saint Helena

Green Mountain Ascension

Longwood Old House Saint Helena

Lady Hill Drip Ascension

Landing Rock Saint Helena




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