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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.
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$18 million (1998 est.)
country comparison to the world: 224
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$NA
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NA%
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$2,500 (1998 est.)
country comparison to the world: 172
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agriculture: NA%
industry:
NA%
services:
NA%
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2,486
country comparison to the world: 222
note:
1,200 work offshore (1998 est.)
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agriculture: 6%
industry:
48%
services:
46% (1987 est.)
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14% (1998 est.)
country comparison to the world: 142
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NA%
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lowest 10%: NA%
highest 10%:
NA%
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revenues: $10.23 million
expenditures:
$25.13 million
note:
revenue data reflect locally raised revenues only; the budget deficit is resolved by grant aid from the United Kingdom (FY06/07 est.)
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3.2% (1997 est.)
country comparison to the world: 103
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coffee, corn, potatoes, vegetables; timber; fish, lobster; livestock
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construction, crafts (furniture, lacework, fancy woodwork), fishing, philatelic sales
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NA%
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8 million kWh (2007 est.)
country comparison to the world: 210
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7.44 million kWh (2007 est.)
country comparison to the world: 212
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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: 139
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0 bbl/day (2009 est.)
country comparison to the world: 208
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0 bbl/day (2007 est.)
country comparison to the world: 181
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80 bbl/day (2007 est.)
country comparison to the world: 202
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0 bbl (1 January 2009 est.)
country comparison to the world: 132
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0 cu m (2008 est.)
country comparison to the world: 139
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0 cu m (2008 est.)
country comparison to the world: 159
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0 cu m (2008 est.)
country comparison to the world: 137
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0 cu m (2008 est.)
country comparison to the world: 142
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0 cu m (1 January 2009 est.)
country comparison to the world: 142
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$19 million (2004 est.)
country comparison to the world: 206
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fish (frozen, canned, and salt-dried skipjack, tuna), coffee, handicrafts
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$45 million (2004 est.)
country comparison to the world: 216
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food, beverages, tobacco, fuel oils, animal feed, building materials, motor vehicles and parts, machinery and parts
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$NA
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Saint Helenian pounds (SHP) per US dollar - 0.6494 (2009), 0.5302 (2008), 0.4993 (2007), 0.5418 (2006), 0.5493 (2005), 0.5462 (2004)
note:
the Saint Helenian pound is on par with the British pound
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