American Samoa

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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.

Gdp purchasing power parity

$510.1 million (2003 est.)

Gdp official exchange rate

$333.8 million (2005)

Gdp real growth rate

3% (2003)

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%

Household income or consumption by percentage share

lowest 10%: NA%
highest 10%: NA%

Inflation rate consumer prices

NA%

Budget

revenues: $121 million (37% in local revenue and 63% in US grants)
expenditures: $127 million; including capital expenditures of $NA (FY96/97)

Agriculture products

bananas, coconuts, vegetables, taro, breadfruit, yams, copra, pineapples, papayas; dairy products, livestock

Industries

tuna canneries (largely supplied by foreign fishing vessels), handicrafts

Industrial production growth rate

NA%

Electricity production

128 million kWh (2004)

Electricity consumption

119 million kWh (2004)

Electricity exports

0 kWh (2004)

Electricity imports

0 kWh (2004)

Oil production

0 bbl/day (2004)

Oil consumption

3,900 bbl/day (2004 est.)

Oil exports

NA bbl/day

Oil imports

NA bbl/day

Oil proved reserves

0 bbl

Natural gas production

0 cu m (2004 est.)

Natural gas consumption

0 cu m (2004 est.)

Exports

$445.6 million (FY04 est.)

Exports commodities

canned tuna 93% (2004 est.)

Exports partners

Indonesia 28.2%, India 22.3%, Australia 15.3%, Japan 11.2%, NZ 7.1% (2006)

Imports

$308.8 million (FY04 est.)

Imports commodities

materials for canneries 56%, food 8%, petroleum products 7%, machinery and parts 6% (2004 est.)

Imports partners

Australia 66%, Samoa 13.8%, NZ 10.8% (2006)

Debt external

$NA

Economic aid recipient

important financial support from the US, more than $40 million in 1994

Currency code

US dollar (USD)

Exchange rates

the US dollar is used

Communications - American Samoa:
Transportation - American Samoa:
Military - American Samoa:
This page was last updated on 16 September, 2007
Source: CIA >>>


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An Intelligence Quotient or IQ is a score derived from one of several different standardized tests attempting to measure intelligence. Although the term "IQ" is still in common use, the scoring of modern IQ tests such as the Wechsler Adult Intelligence Scale is now based on a projection of the subject's measured rank on the Gaussian bell curve with a center value (average IQ) of 100, and a standard deviation of 15, although different tests may have different standard deviations. The average IQ scores for many populations have been rising at an average rate of three points per decade since the early 20th century with most of the increase in the lower half of the IQ range: a phenomenon called the Flynn effect. It is disputed whether these changes in scores reflect real changes in intellectual abilities, or merely methodological problems with past or present testing. (Wikipedie)

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American Samoa



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