Introduction - American Samoa: |
Location - American Samoa: |
People - American Samoa: |
Government - American Samoa: |
Economy - American Samoa: |
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 commerce. 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 Samoas economic well being. Attempts by the government to develop a larger and broader economy are restrained by Samoas remote location, its limited transportation, and its devastating hurricanes. Tourism is a promising developing sector. |
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Gdp purchasing power parity | $510.1 million (2003 est.) |
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Gdp official exchange rate | $333.8 million (2005) |
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Gdp real growth rate | 3% (2003) |
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Gdp per capita ppp | $5,800 (2005 est.) |
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Gdp composition by sector | agriculture: NA%
industry: NA%
services: NA% |
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Labor force | 17,630 (2005) |
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Labor force by occupation | agriculture: 34%
industry: 33%
services: 33% (1990) |
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Unemployment rate | 29.8% (2005) |
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Population below poverty line | NA% |
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Household income or consumption by percentage share | lowest 10%: NA%
highest 10%: NA% |
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Inflation rate consumer prices | NA% |
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Budget | revenues: $121 million (37% in local revenue and 63% in US grants)
expenditures: $127 million; including capital expenditures of $NA (FY96/97) |
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Agriculture products | bananas, coconuts, vegetables, taro, breadfruit, yams, copra, pineapples, papayas; dairy products, livestock |
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Industries | tuna canneries (largely supplied by foreign fishing vessels), handicrafts |
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Industrial production growth rate | NA% |
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Electricity production | 128 million kWh (2004) |
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Electricity consumption | 119 million kWh (2004) |
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Electricity exports | 0 kWh (2004) |
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Electricity imports | 0 kWh (2004) |
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Oil production | 0 bbl/day (2004) |
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Oil consumption | 3,900 bbl/day (2004 est.) |
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Oil exports | NA bbl/day |
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Oil imports | NA bbl/day |
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Oil proved reserves | 0 bbl |
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Natural gas production | 0 cu m (2004 est.) |
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Natural gas consumption | 0 cu m (2004 est.) |
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Exports | $445.6 million (FY04 est.) |
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Exports commodities | canned tuna 93% (2004 est.) |
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Exports partners | Indonesia 28.2%, India 22.3%, Australia 15.3%, Japan 11.2%, NZ 7.1% (2006) |
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Imports | $308.8 million (FY04 est.) |
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Imports commodities | materials for canneries 56%, food 8%, petroleum products 7%, machinery and parts 6% (2004 est.) |
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Imports partners | Australia 66%, Samoa 13.8%, NZ 10.8% (2006) |
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Debt external | $NA |
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Economic aid recipient | important financial support from the US, more than $40 million in 1994 |
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Currency code | US dollar (USD) |
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Exchange rates | the US dollar is used |
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Communications - American Samoa: |
Transportation - American Samoa: |
Military - American Samoa: |
This page was last updated on 16 September, 2007