Economy ———-
Economic overview: Phosphate mining had been the only significant economic activity, but in December 1987 the Australian Government closed the mine as no longer economically viable. Private operators reopened the mine in 1990 under strict environmental controls, in particular to preserve the rain forest. A hotel and casino complex opened in 1993, and tourism is a likely growth sector.
GDP: purchasing power parity - $NA
GDP real growth rate: NA%
GDP per capita: $NA
GDP composition by sector: agriculture: NA% industry: NA% services: NA%
Inflation rate (consumer prices): NA%
Labor force: NA
by occupation: all workers are employees of the Phosphate Mining
Company of Christmas Island, Ltd.
Unemployment rate: NA%
Budget: revenues: $NA expenditures: $NA, including capital expenditures of $NA