Saint Helena, Ascension, and Tristan da Cunha Economy
Is Saint Helena, Ascension, and Tristan da Cunha a wealthy 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.
Saint Helena, Ascension, and Tristan da Cunha Economy Data
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) |
| Inflation Rate | 3.2% |
| Labor Force | 2,486 |
| Unemployment Rate | 14% |
| 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) |
Labor Force by Occupation- As reported by Saint Helena, Ascension, and Tristan da Cunha
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