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Saint Helena Economy


Economy - overview
:the economy depends largely on financial assistance from the uk. which amounted to about $5 million in 1997 or almost one-half 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.

GDP (purchasing power parity)
: $18 million (1998 est.)

Inflation rate:
3.2% (1997 est.)


Labor force
: 3.500 note: 1.200 work offshore (1998 est.)

Industries: construction. crafts (furniture. lacework. fancy woodwork). fishing

Saint Helena

 

 
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Saint Helena Oil - production, Saint Helena Electricity - production, Saint Helena Labor force, Saint Helena Economy - overviewSaint Helena More Facts
Electricity - production: 5 million kwh (2003)

Oil - production
: 0 bbl/day (2003 est.)

Saint Helena Oil - production, Saint HelenaElectricity - production, Saint Helena Labor force, Saint Helena Economy - overviewSaint Helena More Facts

Exports: $19 million f.o.b. (2004 est.)

Imports
: $45 million c.i.f. (2004 est.)
Currency (code) : saint helenian pound (shp)

Page Keywords: Saint Helena Oil - production, Saint Helena Electricity - production, Saint Helena Labor force, Saint Helena Economy - overview
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