US: none (overseas territory of
the UK)

Flag description: blue with the flag of the UK in the upper
hoist-side quadrant and the Pitcairn Islander coat of arms centered
on the outer half of the flag; the coat of arms is yellow, green,
and light blue with a shield featuring a yellow anchor

Pitcairn Islands Economy

Economy - overview: The inhabitants of this tiny 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.

GDP: purchasing power parity - $NA

GDP - real growth rate: NA%

GDP - per capita: purchasing power parity - $NA

GDP - composition by sector: agriculture: NA%

industry: NA%

services: NA%

Population below poverty line: NA%

Household income or consumption by percentage share: lowest 10%: NA%

highest 10%: NA%

Inflation rate (consumer prices): NA%

Labor force: 12 able-bodied men (1997)

Labor force - by occupation: no business community in the usual
sense; some public works; subsistence farming and fishing

Unemployment rate: NA%

Budget: revenues: $729,884

expenditures: $878,119, including capital expenditures of $NA
(FY94/95 est.)

Industries: postage stamps, handicrafts

Industrial production growth rate: NA%

Electricity - production: NA kWh; note - electric power is provided
by a small diesel-powered generator

Electricity - consumption: NA kWh

Agriculture - products: wide variety of fruits and vegetables,
goats, chickens

Exports: $NA

Exports - commodities: fruits, vegetables, curios, stamps

Exports - partners: NA

Imports: $NA

Imports - commodities: fuel oil, machinery, building materials,
flour, sugar, other foodstuffs

Imports - partners: NA

Debt - external: $NA

Economic aid - recipient: $NA

Currency: New Zealand dollar (NZD)

Currency code: NZD

Exchange rates: New Zealand dollars per US dollar - 2.2502 (January
2001), 2.1863 (2000), 1.8886 (1999), 1.8629 (1998), 1.5083 (1997),
1.4543 (1996)

Fiscal year: 1 April - 31 March

Pitcairn Islands Communications

Telephones - main lines in use: 1 (there are 17 telephones on one
party line) (1997)

Telephone system: general asse