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Cocos (Keeling) Islands

Cocos (Keeling) Islands Economy Stats

Overview:

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.

Definitions

  • Currency: The national medium of exchange and its basic sub-unit.
  • Exports > Commodities: This entry provides a listing of the highest-valued exported products; it sometimes includes the percent of total dollar value.
  • Fiscal year: The beginning and ending months for a country's accounting period of 12 months, which often is the calendar year but which may begin in any month. All yearly references are for the calendar year (CY) unless indicated as a noncalendar fiscal year (FY).
  • GDP > Real growth rate: GDP growth on an annual basis adjusted for inflation and expressed as a percent.
  • Industries: A rank ordering of industries starting with the largest by value of annual output.
  • Unemployment rate: This entry contains the percent of the labor force that is without jobs. Substantial underemployment might be noted.
STAT AMOUNT DATE RANK HISTORY
Agriculture > Products vegetables, bananas, pawpaws, coconuts 2013
Currency Australian dollar 2008
Exports > Commodities copra 2013
Fiscal year 1 2013
GDP > Real growth rate 1% 2003 3rd out of 3
Industries copra products, tourism 2013
Unemployment rate 60% 2000 1st out of 9

SOURCES: CIA World Factbooks 18 December 2003 to 28 March 2011; All CIA World Factbooks 18 December 2003 to 18 December 2008; CIA World Factbooks 2010, 2011, 2012, 2013

Citation

Cocos (Keeling) Islands Economy Profiles (Subcategories)

Trade 6
  • Cocos (Keeling) Islands ranked 21 places from the bottom for GDP > real growth rate amongst Hot countries in 2003.
  • Cocos (Keeling) Islands ranked #5 for unemployment rate globally in 2000.

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