Economy of American Samoa

Economy of American Samoa

Infobox Economy
country = American Samoa



width = 290px
currency = US dollar (USD)
year = 1 October - 30 September
organs = none
rank = 208
gdp = $500 million (2000)
growth = NA
per capita = $8,000 (2000)
sectors = NA
inflation = NA
poverty = NA
labor = 14,000 (1996)
occupations = government 33%, tuna canneries 34%, other 33% (1990)
unemployment = 6% (2000)
industries = tuna canneries (largely dependent on foreign fishing vessels), handicrafts
exports = $30 million (2002)
export-goods = canned tuna 93%
export-partners = Indonesia 70%, Australia 6.7%, Japan 6.7%, Samoa 6.7% (2002)
imports = $123 million (2002)
import-goods = materials for canneries 56%, food 8%, petroleum products 7%, machinery and parts 6%
import-partners = Australia 36.6%, New Zealand 20.3%, South Korea 16.3%, Mauritius 4.9% (2002)
debt = NA
revenue = $121 million (37% in local revenue and 63% in US grants) (1997)
expenses = $127 million (1997)
aid = more than $40 million from US in financial support (1994)
cianame = aq
spelling = US

This is a traditional Polynesian economy in which more than 90% of the land is communally owned. Economic activity is strongly linked to the US, with which American Samoa conducts the great bulk of its foreign trade. Tuna fishing and tuna processing plants are the backbone of the private sector, with canned tuna being the primary export. Transfers from the US Government add substantially to American Samoa's economic well-being. Attempts by the government to develop a larger and broader economy are restrained by Samoa's remote location, its limited transportation, and its devastating hurricanes. Tourism, a developing sector, may be held back by the current financial difficulties in East Asia.

Numbers

GDP:
purchasing power parity - $500 million (2000 est.)

GDP - real growth rate:NA%

GDP - per capita:purchasing power parity - $8,000 (2000 est.)

GDP - composition by sector:
"agriculture:"NA%
"industry:"NA%
"services:"NA% (2002)

Population below poverty line:NA% (2002 est.)

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

Inflation rate (consumer prices):NA% (2003 est.)

Labor force:14,000 (1996)

Labor force - by occupation:government 33%, tuna canneries 34%, other 33% (1990)

Unemployment rate:6% (2000)

Budget:
"revenues:"$121 million (37% in local revenue and 63% in US grants)
"expenditures:"$127 million, including capital expenditures of $NA (FY96/97)

Industries:tuna canneries (largely dependent on foreign fishing vessels), handicrafts

Industrial production growth rate:NA%

Electricity - production:130 GWh (2001)

Electricity - production by source:
"fossil fuel:"100%
"hydro:"0%
"nuclear:"0%
"other:"0% (2001)

Electricity - consumption:120.9 GWh (2001)

Electricity - exports:0 kWh (2001)

Electricity - imports:0 kWh (2001)

Oil - production:0 barrel/day (2001 est.)

Oil - consumption:3,800 barrel/day (604 m³/d) 2001

Oil - exports:NA

Oil - imports:NA

Agriculture - products:
bananas, coconuts, vegetables, taro, breadfruit, yams, copra, pineapples, papayas; dairy products, livestock

Exports:$30 million (2002)

Exports - commodities:canned tuna 93%

Exports - partners:
Indonesia 70%, Australia 6.7%, Japan 6.7%, Samoa 6.7% (2002)

Imports:$123 million (2002)

Imports - commodities:materials for canneries 56%, food 8%, petroleum products 7%, machinery and parts 6%

Imports - partners:
Australia 36.6%, New Zealand 20.3%, South Korea 16.3%, Mauritius 4.9% (2002)

Debt - external:$NA (2002 est.)

Economic aid - recipient:$NA; note - important financial support from the US, more than $40 million in 1994

Currency:
US dollar (USD)

Currency code:USD

Exchange rates:US dollar is used

Fiscal year:
1 October - 30 September

ee also

*American Samoa


Wikimedia Foundation. 2010.

Игры ⚽ Нужно сделать НИР?

Look at other dictionaries:

  • American Samoa — <p></p> <p></p> Introduction ::American Samoa <p></p> Background: <p></p> Settled as early as 1000 B.C., Samoa was not reached by European explorers until the 18th century. International rivalries… …   The World Factbook

  • Outline of American Samoa — …   Wikipedia

  • Telecommunications in American Samoa — This article is about communications systems in American Samoa. In 2009, American Samoa was connected to the Internet using the ASH undersea cable that increased bandwidth from 20 Mbit/s to 1 Gbit/s.[1][2] The project used a defunct Pacrim East… …   Wikipedia

  • Demographics of American Samoa — This article is about the demographic features of the population of American Samoa, including population density, ethnicity, education level, health of the populace, economic status, religious affiliations and other aspects of the population.… …   Wikipedia

  • History of American Samoa — Originally inhabited as early as 1000 BC, Samoa was not reached by European explorers until the 18th century. Early occupation by Polynesian people The pre Western history of Eastern Samoa (now American Samoa) is inextricably bound with the… …   Wikipedia

  • American Samoa — the part of Samoa belonging to the U.S., comprising mainly Tutuila and the Manua Islands. 61,819; 76 sq. mi. (197 sq. km). Cap.: Pago Pago. Abbr.: AS (for use with zip code). Cf. Samoa, Western Samoa. * * * American Samoa Introduction American… …   Universalium

  • American Samoa — Infobox Country native name = Amerika Sāmoa / Sāmoa Amelika conventional long name = American Samoa common name = American Samoa |125px |80px national motto = Samoa, Muamua Le Atua spaces|2(Samoan) Samoa, Let God Be First national anthem = The… …   Wikipedia

  • Politics of American Samoa — American Samoa This article is part of the series: Politics and government of American Samoa US House Delegate …   Wikipedia

  • List of American Samoa-related topics — The following is a list of topics about the United States Territory of American Samoa. NOTOC compactTOC4 0–9A*Administrative divisions of American Samoa *Agriculture in American Samoa * *American Samoa [http://americansamoa.gov/ website] ** ***… …   Wikipedia

  • Seal of American Samoa — The seal of the territory of American Samoa is based in traditional local design. The fue or the fly switch, represents wisdom, while the To oto o or staff represents authority. Both symbols are used by talking chiefs indicating their rank. The… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”