Economy
Saint Helena

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.

GDP (purchasing power parity):

$18 million (1998 est.)

GDP (official exchange rate):

$NA

GDP - real growth rate:

NA%

GDP - per capita (PPP):