Flag description:
blue with the flag of the UK in the upper hoist-side quadrant and the Saint Helenian shield centered on the outer half of the flag; the shield features a rocky coastline and three-masted sailing ship
Economy ::Saint Helena
Economy - overview:
The economy depends largely on financial assistance from the UK, which amounted to about $27 million in FY06/07 or more than twice the level 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.) country comparison to the world: 225
GDP (official exchange rate):
$NA
GDP - real growth rate: