Is Pitcairn Islands a wealthy country?
The inhabitants of this tiny isolated economy exist on fishing, subsistence farming, handicrafts, and postage stamps. The fertile soil of the valleys produces a wide variety of fruits and vegetables, including citrus, sugarcane, watermelons, bananas, yams, and beans. Bartering is an important part of the economy. The major sources of revenue are the sale of postage stamps to collectors and the sale of handicrafts to passing ships.
What is the GDP of Pitcairn Islands?
|Currency Name and Code||New Zealand Dollar (NZD)|
|GDP - Gross Domestic Product (PPP)||$0 (USD)|
|GDP - note||NA|
|GDP - official exchange rate||$0 (USD)|
|GDP Per Capita||$0.00 (USD)|
|Labor Force by Occupation - note||no business community in the usual sense; some public works; subsistence farming and fishing|
|Fiscal Year||1 April - 31 March|
|Annual Budget||$746,000 (USD)|
|Major Industries||postage stamps, handicrafts|
|Agriculture Products||wide variety of fruits and vegetables, goats, chickens|
|Exchange Rate per US Dollar||New Zealand dollar (NZD)|