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| SAINT HELENIAN ECONOMY STATS: |
| Top Stats |
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Agriculture > products
corn, potatoes, vegetables; timber; fish, crawfish (on Tristan da Cunha) |
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Budget > Expenditures
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$213.00
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[213rd of 221]
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Budget > Revenues
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$219.00
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[219th of 223]
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Currency
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Saint Helenian pound |
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Economic aid > Recipient
$27.25 million obtained in a grant from the United Kingdom (FY06/07) |
Economy > Overview
The economy depends largely on financial assistance from the UK, which will amount to about $27 million in FY06/07 or almost 70% 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. |
Exchange rates
Saint Helenian pounds per US dollar - 0.5462 (2004), 0.6125 (2003), 0.6672 (2002), 0.6947 (2001), 0.6609 (2000) |
Exchange rates > Note
the Saint Helenian pound is on par with the British pound |
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Exports
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$202.00
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[202nd of 221]
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Exports > Commodities
fish (frozen, canned, and salt-dried skipjack, tuna), coffee, handicrafts |
Exports > Partners
Tanzania 37.7%, US 17.4%, Japan 15.2%, UK 8.4%, Nigeria 4.8%, Spain 4.5% (2005) |
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Exports to US
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$156.00 |
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[156th of 224]
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Fiscal year
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1 April - 31 March |
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Imports > Commodities
food, beverages, tobacco, fuel oils, animal feed, building materials, motor vehicles and parts, machinery and parts |
Imports > Partners
UK 53.5%, South Africa 14.3%, Spain 10.3%, Tanzania 8.5%, US 4.6% (2005) |
Industries
construction, crafts (furniture, lacework, fancy woodwork), fishing, philatelic sales |
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Inflation rate (consumer prices)
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128 %
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[128th of 219]
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Trade balance with US
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$121.00 |
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[121st of 224]
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Trade with US > US exports of metalworking machine tools
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107 |
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[107th of 197]
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Trade with US > US imports of other parts and accessories
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124 |
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[124th of 167]
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... View all Economy stats
SOURCES: ; Expenditures calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms
; Revenues calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms
; The national medium of exchange and its basic sub-unit.
; This entry, which is subject to major problems of definition and statistical coverage, refers to the net inflow of Official Development Finance (ODF) to recipient countries. The figure includes assistance from the World Bank, the IMF, and other international organizations and from individual nation donors. Formal commitments of aid are included in the data. Omitted from the data are grants by private organizations. Aid comes in various forms including outright grants and loans. The entry thus is the difference between new inflows and repayments.
; This entry briefly describes the type of economy, including the degree of market orientation, the level of economic development, the most important natural resources, and the unique areas of specialization. It also characterizes major economic events and policy changes in the most recent 12 months and may include a statement about one or two key future macroeconomic trends.
; The official value of a country's monetary unit at a given date or over a given period of time, as expressed in units of local currency per US dollar and as determined by international market forces or official fiat.; This entry provides the official value of a country's monetary unit at a given date or over a given period of time, as expressed in units of local currency per US dollar and as determined by international market forces or official fiat.
; The total US dollar amount of exports on an f.o.b. (free on board) basis.
; A rank ordering of exported products starting with the most important; it sometimes includes the percent of total dollar value.
; A rank ordering of trading partners starting with the most important; it sometimes includes the percent of total dollar value
; in US dollars. Jan 2003 - March 2003; The beginning and ending months for a country's accounting period of 12 months, which often is the calendar year but which may begin in any month. All yearly references are for the calendar year (CY) unless indicated as a noncalendar fiscal year (FY).
; A rank ordering of imported products starting with the most important; it sometimes includes the percent of total dollar value.
; A rank ordering of trading partners starting with the most important; it sometimes includes the percent of total dollar value.
; A rank ordering of industries starting with the largest by value of annual output.
; This entry furnishes the annual percent change in consumer prices compared with the previous year's consumer prices.
; In US dollars. Jan 2003 - March 2003; US exports of metalworking machine tools, USD Thousands, 2004; US imports of other parts and accessories, USD Thousands, 2004
ALTERNATIVE NAMES:
Saint Helena, st helena, st. helena, St. Helena
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