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:
NA%
GDP - per capita (PPP):
$2,500 (1998 est.) country comparison to the world: 177