Economy - overview: The economy depends largely on financial assistance from the UK, which amounted to about $5 million in 1998. The local population earns income from fishing, the raising of livestock, and sales of handicrafts. Because there are few jobs, a large proportion of the work force has left to seek employment overseas. Fishing is the activity of hunting for fish. ... Sheep are commonly bred as livestock. ... Handicraft, also known as craftwork or simply craft, is a type of work where useful and decorative devices are made completely by hand or using only simple tools. ...

A campaign is currently underway (reported on BBC radio 4, Today programme, 10 July 2004) to encourage emigration from the UK to Saint Helena to aid development of the economy. UK government announced intention in early 2005 to fund building of international airport on the island by 2010. July 10 is the 191st day (192nd in leap years) of the year in the Gregorian Calendar, with 174 days remaining. ... 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ...

GDP: purchasing power parity - $13.9 million (FY94/95 est.)

GDP - real growth rate: NA%

GDP - per capita: purchasing power parity - $2,000 (FY94/95 est.)

GDP - composition by sector:
agriculture: NA%
industry: NA%
services: NA% Services are: plural of service Tertiary sector of industry IRC services Web services the name of a first-class cricket team in India This is a disambiguation page — a navigational aid which lists other pages that might otherwise share the same title. ...

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: 2,416 (1991 est.)
note: a large proportion of the work force has left to seek employment overseas

Labor force - by occupation: farmers and fishermen 6%, industry (mainly construction) 48%, services 46% (1987 est.)

Unemployment rate: 18% (1996)

Budget:
revenues: $11.2 million
expenditures: $11 million, including capital expenditures of $NA (FY92/93)

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

Industrial production growth rate: NA%

Electricity - production: 6 GWh (1998) Electricity is a general term applied to phenomena involving a fundamental property of matter called an electric charge. ...

Electricity - production by source:
fossil fuel: 90%
hydro: 0%
nuclear: 0%
other: wind turbine 10% (2005) Coal rail cars in Ashtabula, Ohio Fossil fuels, also known as mineral fuels, are hydrocarbon-containing natural resources such as coal, petroleum and natural gas. ... Hydroelectric dam diagram The waters of Llyn Stwlan, the upper reservoir of the Ffestiniog Pumped-Storage Scheme in north Wales, can just be glimpsed on the right. ... See also Nuclear power for the commercial production of electricty from nuclear energy. ...

Electricity - consumption: 6 GWh (1998)

Electricity - exports: 0 kWh (1998)

Electricity - imports: 0 kWh (1998)

Agriculture - products: maize, potatoes, vegetables; timber; fish, crawfish (on Tristan da Cunha) Binomial name Zea mays L. Maize (Zea mays ssp. ... Binomial name Solanum tuberosum L. The potato (plural form: potatoes) (Solanum tuberosum) is a perennial plant of the Solanaceae, or nightshade, family, grown for its starchy tuber. ... Vegetables in a market Vegetable is a nutritional and culinary term denoting any part of a plant that is commonly consumed by humans as food, but is not regarded as a culinary grain, fruit, nut, herb, or spice. ... Timber Timber is a term used to describe poo bum holes that has been processed for use —from the time trees are felled, to its end product as a material suitable for industrial use —such as structural material for construction or wood pulp for paper production. ... Groups Conodonta Hyperoartia Petromyzontidae (lampreys) Pteraspidomorphi (early jawless fish) Thelodonti Anaspida Cephalaspidomorphi (early jawless fish) Galeaspida Pituriaspida Osteostraci Gnathostomata (jawed vertebrates) Placodermi Chondrichthyes (cartilaginous fish) Acanthodii Osteichthyes (bony fish) Actinopterygii (ray-finned fish) Sarcopterygii (lobe-finned fish) Actinistia (coelacanths) Dipnoi (lungfish) A fish is a poikilothermic (cold-blooded) water-dwelling... Families Astacoidea   Astacidae   Cambaridae Parastacoidea   Parastacidae Crayfish, sometimes called crawfish, lobsters, crawdads, mudbugs, carmels, yabbies, or spoondogs, are freshwater crustaceans resembling small lobsters, to which they are closely related. ...

Exports: $704,000 (f.o.b., 1995)

Exports - commodities: fish (frozen, canned, and salt-dried skipjack, tuna), coffee, handicrafts Species Thunnus alalunga Thunnus albacares Thunnus atlanticus Thunnus maccoyii Thunnus obesus Thunnus orientalis Thunnus thynnus Thunnus tonggol Tuna are several species of ocean-dwelling fish in the family Scombridae, mostly in the genus Thunnus. ... Coffee beans and a cup of coffee Coffee is a beverage, usually served hot, prepared from the roasted seeds of the coffee plant. ...

Exports - partners: South Africa, UK

Imports: $14.434 million (c.i.f., 1995)

Imports - commodities: food, beverages, tobacco, fuel oils, animal feed, building materials, motor vehicles and parts, machinery and parts Species N. glauca N. longiflora N. rustica N. sylvestris N. tabacum Ref: ITIS 30562 as of August 26, 2005 Tobacco (, L.) refers to a genus of broad-leafed plants of the nightshade family indigenous to North and South America or to the dried and cured leaves. ... Nodding donkey pumping an oil well near Sarnia, Ontario, 2001 Petroleum (from Latin petra – rock and oleum – oil), crude oil, sometimes colloquially called black gold, is a thick, dark brown or greenish flammable liquid, which exists in the upper strata of some areas of the Earths crust. ... A machine is any mechanical or electrical device that transmits or modifies energy to perform or assist in the performance of tasks. ...

Imports - partners: UK, South Africa

Debt - external: $NA

Economic aid - recipient: $12.6 million (1995); note - $5.3 million from UK (1997)

Currency: 1 Saint Helenian pound = 100 pence

Exchange rates: Saint Helenian pounds per US$1 - 0.6092 (January 2000), 0.6180 (1999), 0.6037 (1998), 0.6047 (1997), 0.6403 (1996), 0.6335 (1995); note - the Saint Helenian pound is at par with the British pound

Fiscal year: 1 April - 31 March April 1 is the 91st day of the year (92nd in leap years) in the Gregorian calendar, with 274 days remaining. ...

Banking: The Bank of St. Helena provides the communities of St. Helena and Ascension with modern commercial banking services aimed at simplifying and making more efficient everyday financial transactions. [1].

See also : Saint Helena