Economy - overview:
American Samoa has 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 most of
its foreign trade. Tuna fishing and tuna processing plants are the
backbone of the private sector, with canned tuna 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 is a promising developing sector.
GDP (purchasing power parity):
$510.1 million (2003 est.)
GDP (official exchange rate):
$333.8 million
GDP - real growth rate:
3% NA%
GDP - per capita (PPP):
$5,800 (2005 est.)
GDP - composition by sector: agriculture: NA% industry: NA% services: NA%
Labor force: 17,630 (2005)
Labor force - by occupation: agriculture: 34% industry: 33% services: 33% (1990)
Unemployment rate:
29.8% (2005)
Population below poverty line:
NA%