Norfolk Island Economy

Is Norfolk Island a wealthy country?

Norfolk Island is suffering from a severe economic downturn. Tourism, the primary economic activity, is the main driver of economic growth. The agricultural sector has become self-sufficient in the production of beef, poultry, and eggs.

Norfolk Island Economy Data

What is the GDP of Norfolk Island?

Currency Name and Code	Australian Dollar (AUD)
GDP - Gross Domestic Product (PPP)	$0 (USD)
GDP - note	NA
GDP - official exchange rate	$0 (USD)
GDP Per Capita	$0.00 (USD)
Labor Force	978
Labor Force By Occupation- agriculture	6%
Labor Force By Occupation- industry	14%
Labor Force By Occupation- services	80%
Fiscal Year	1 July - 30 June
Annual Budget	$4,600,000 (USD)
Major Industries	tourism
Agriculture Products	Norfolk Island pine seed, Kentia palm seed, cereals, vegetables, fruit; cattle, poultry
Exchange Rate per US Dollar	Australian dollar (AUD)

Labor Force by Occupation- As reported by Norfolk Island

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