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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. The two tuna canneries account for 80% of employment. In late September 2009, an earthquake and the resulting tsunami devastated American Samoa and nearby Samoa, disrupting transportation and power generation, and resulting in about 200 deaths. The US Federal Emergency Management Agency is overseeing a relief program of nearly $25 million. Transfers from the US Government add substantially to American Samoa's economic well being. Attempts by the government to develop a larger and broader economy are restrained by Samoa's remote location, its limited transportation, and its devastating hurricanes. Tourism is a promising developing sector.
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$575.3 million (2007 est.)
country comparison to the world: 210
$510.1 million (2003 est.)
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$462.2 million (2005)
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3% (2003)
country comparison to the world: 63
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$8,000 (2007 est.)
country comparison to the world: 122
$5,800 (2005 est.)
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agriculture: NA%
industry:
NA%
services:
NA%
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17,630 (2005)
country comparison to the world: 208
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agriculture: 34%
industry:
33%
services:
33% (1990)
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29.8% (2005)
country comparison to the world: 174
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NA%
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lowest 10%: NA%
highest 10%:
NA%
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revenues: $155.4 million (FY07)
expenditures:
$183.6 million (FY07)
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NA%
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bananas, coconuts, vegetables, taro, breadfruit, yams, copra, pineapples, papayas; dairy products, livestock
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tuna canneries (largely supplied by foreign fishing vessels), handicrafts
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NA%
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185 million kWh (2007 est.)
country comparison to the world: 178
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172.1 million kWh (2007 est.)
country comparison to the world: 181
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0 kWh (2008 est.)
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0 kWh (2008 est.)
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0 bbl/day (2009 est.)
country comparison to the world: 206
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4,000 bbl/day (2009 est.)
country comparison to the world: 172
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0 bbl/day (2007 est.)
country comparison to the world: 210
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4,140 bbl/day (2007 est.)
country comparison to the world: 166
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0 bbl (1 January 2009 est.)
country comparison to the world: 201
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0 cu m (2008 est.)
country comparison to the world: 94
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0 cu m (2008 est.)
country comparison to the world: 112
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0 cu m (2008 est.)
country comparison to the world: 47
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0 cu m (2008 est.)
country comparison to the world: 204
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0 cu m (1 January 2009 est.)
country comparison to the world: 104
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$445.6 million (FY04 est.)
country comparison to the world: 168
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canned tuna 93%
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$308.8 million (FY04 est.)
country comparison to the world: 193
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raw materials for canneries 56%, food, petroleum products, machinery and parts
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$NA
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the US dollar is used
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