Economy overview statistics - Countries compared

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Economy Statistics > Economy > overview (2003) by country

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Countries (A to Z)	Description
Cocos (Keeling) Islands	grown throughout the islands, are the sole cash crop. Small local gardens and fishing contribute to the food supply, but additional food and most other necessities must be imported from Australia. There is a small tourist industry.
New Caledonia	New Caledonia has about 25% of the world's known nickel resources. Only a small amount of the land is suitable for cultivation, and food accounts for about 20% of imports. In addition to nickel, substantial financial support from France - equal to more than 15% of GDP - and tourism are keys to the health of the economy. Substantial new investment in the nickel industry, combined with the recovery of global nickel prices, brightens the economic outlook for the next several years.
Niue	The economy suffers from the typical Pacific island problems of geographic isolation, few resources, and a small population. Government expenditures regularly exceed revenues, and the shortfall is made up by critically needed grants from New Zealand that are used to pay wages to public employees. Niue has cut government expenditures by reducing the public service by almost half. The agricultural sector consists mainly of subsistence gardening, although some cash crops are grown for export. Industry consists primarily of small factories to process passion fruit, lime oil, honey, and coconut cream. The sale of postage stamps to foreign collectors is an important source of revenue. The island in recent years has suffered a serious loss of population because of emigration to New Zealand. Efforts to increase GDP include the promotion of tourism and financial services, although the International Banking Repeal Act of 2002 resulted in the termination of all offshore banking licenses. Economic aid from New Zealand in FY08/09 was US$5.7 million. Niue suffered a devastating typhoon in January 2004, which decimated nascent economic programs. While in the process of rebuilding, Niue has been dependent on foreign aid.
Saint Pierre and Miquelon	The inhabitants have traditionally earned their livelihood by fishing and by servicing fishing fleets operating off the coast of Newfoundland. The economy has been declining, however, because of disputes with Canada over fishing quotas and a steady decline in the number of ships stopping at Saint Pierre. In 1992, an arbitration panel awarded the islands an exclusive economic zone of 12,348 sq km to settle a longstanding territorial dispute with Canada, although it represents only 25% of what France had sought. France heavily subsidizes the islands to the great betterment of living standards. The government hopes an expansion of tourism will boost economic prospects. Fish farming, crab fishing, and agriculture are being developed to diversify the local economy. Recent test drilling for oil may pave the way for development of the energy sector.
Svalbard	Coal mining, tourism, and international research are the major revenue sources on Svalbard. Coal mining is the dominant economic activity and a treaty of 9 February 1920 gave the 41 signatories equal rights to exploit mineral deposits, subject to Norwegian regulation. Although US, UK, Dutch, and Swedish coal companies have mined in the past, the only companies still engaging in this are Norwegian and Russian. The settlements on Svalbard are essentially company towns. The Norwegian state-owned coal company employs nearly 60% of the Norwegian population on the island, runs many of the local services, and provides most of the local infrastructure. There is also some hunting of seal, reindeer, and fox.

DEFINITION: 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.

SOURCE: CIA World Factbooks 18 December 2003 to 28 March 2011

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"Economy > overview (2003) by country", CIA World Factbooks 18 December 2003 to 28 March 2011. Retrieved from http://www.NationMaster.com/graph/eco_eco_ove-economy-overview&date=2003

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Ashok-Doha 26th July 2011	This is very nice collection of information and good effort, anyway It would be better,if u provide the information by Excel sheet type or graphical model type
Poonam 9th February 2011	You must show the BAR GRAPH
Potatoman 24th October 2010	Where do I compare countries! WHERE! HELLO?!?!!? I like potato btw ^^
Toast 5th November 2009	I NEED A BAR GRAPH!!!!!
DITSHUPELO E 10th September 2009	I need graphs with some illustrations to explain the effects of reducing capital cost in a lure to attract foreign investiments
Majeed Kinaina 5th January 2006	I am compiling some basic data on the major growth rate indicators of Sudan. my basic requirements are latest figures of GDP,rates of inflation, rates of growth in various economic sectors, balance of trade figures etc I appreciate your assistance in this regard.
rohit 2nd November 2005	zambia isn't on this page
rahul 14th October 2005	I need a graph on belgian economy in last five years
CMS KID 20th April 2005	-_-;; i don't see any graph or maps.... give us imformation guys..... -_-;;
CMS KID 20th April 2005	-_-;; i don't see any graph or maps.... give us imformation guys..... -_-;;
morgan 6th April 2005	more topics
Suchita Vemuri Staff Editor 3rd March 2005	Hi -- background info on Zimbabwe is available at: http://www.nationmaster.com/country/zi/Background and on India at: http://www.nationmaster.com/country/in/Background.
nadia 12th November 2004	i am confused....i thought there was a graph??? i have been looking for some information of acceptance rates in the united states of america...and i thought this was a free country.

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