Is Saint Helena, Ascension, and Tristan da Cunha a rich country?
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.
What is the GDP of Saint Helena, Ascension, and Tristan da Cunha?
|Currency Name and Code||Saint Helana Pound (SHP)|
|GDP - Gross Domestic Product (PPP)||$31,100,000 (USD)|
|GDP - official exchange rate||$0 (USD)|
|GDP - official exchange rate note||NA|
|GDP - real growth rate note||NA|
|GDP Per Capita||$7,800.00 (USD)|
|Fiscal Year||1 April - 31 March|
|Annual Budget||$10,230,000 (USD)|
|Major Industries||construction, crafts (furniture, lacework, fancy woodwork), fishing|
|Agriculture Products||corn, potatoes, vegetables; timber; fish, crawfish (on Tristan da Cunha)|
|Exchange Rate per US Dollar||Saint Helenian pound (SHP)|