Economy (Cocos Islands)
=======================


     Overview:
         Grown throughout the islands, coconuts are the sole cash crop. Copra and
         fresh coconuts are the major export earners. Small local gardens and fishing
         contribute to the food supply, but additional food and most other
         necessities must be imported from Australia.
     GDP:
         $NA, per capita $NA; real growth rate NA%
     Inflation rate (consumer prices):
         NA%
     Budget:
         revenues $NA; expenditures $NA, including capital expenditures of $NA
     Exports:
         $NA
       commodities:
         copra
       partners:
         Australia
     Imports:
         $NA
       commodities:
         foodstuffs
       partners:
         Australia
     External debt:
         $NA
     Industrial production:
         growth rate NA%
     Electricity:
         1,000 kW capacity; 2 million kWh produced, 2,980 kWh per capita (1990)
     Industries:
         copra products
     Agriculture:
         gardens provide vegetables, bananas, pawpaws, coconuts
     Economic aid:
         none
     Currency:
         Australian dollar (plural - dollars); 1 Australian dollar ($A) = 100 cents
     Exchange rates:
         Australian dollars ($A) per US$1 - 1.3360 (January 1992), 1.2836 (1991),
         1.2799 (1990), 1.2618 (1989), 1.2752 (1988), 1.4267 (1987)
     Fiscal year:
         1 July - 30 June