1990), who is appointed by the Governor General of
Australia
Head of Government:
Assembly President and Chief Minister John Terence BROWN (since NA)
Member of:
none
Diplomatic representation in US:
none (territory of Australia)
US diplomatic representation:
none (territory of Australia)
Flag:
three vertical bands of green (hoist side), white, and green with a large
green Norfolk Island pine tree centered in the slightly wider white band
*Norfolk Island, Economy
Overview:
The primary economic activity is tourism, which has brought a level of
prosperity unusual among inhabitants of the Pacific Islands. The number of
visitors has increased steadily over the years and reached 29,000 in FY89.
Revenues from tourism have given the island a favorable balance of trade and
helped the agricultural sector to become self-sufficient in the production
of beef, poultry, and eggs.
National product:
GDP $NA
National product real growth rate:
NA%
National product per capita:
$NA
Inflation rate (consumer prices):
NA%
Unemployment rate:
NA%
Budget:
revenues $NA; expenditures $4.2 million, including capital expenditures of
$400,000 (FY89)
Exports:
$1.7 million (f.o.b., FY86)
commodities:
postage stamps, seeds of the Norfolk Island pine and Kentia Palm, small
quantities of avocados
partners:
Australia, Pacific Islands, NZ, Asia, Europe
Imports:
$15.6 million (c.i.f., FY86)
commodities:
NA
partners:
Australia, Pacific Islands, NZ, Asia, Europe
External debt:
$NA
Industrial production:
growth rate NA%
Electricity:
7,000 kW capacity; 8 million kWh produced, 3,160 kWh per capita (1990)
Industries:
tourism
Agriculture:
Norfolk Island pine seed, Kentia palm seed, cereals, vegetables, fruit,
cattle, poultry
Economic aid:
none
Currency:
1 Australian dollar ($A) = 100 cents
Exchange rates:
Australian dollars ($A) per US$1 - 1.4837 (January 1993), 1.3600 (1992),
1.2835 (1991), 1.2799 (1990), 1.2618 (1989), 1.2752 (1988)
Fiscal year:
1 July - 30 June
*Norfolk Island, Communications
Highways:
80 km of roads, including 53 km paved; remainder are earth formed or coral
surfaced
Ports:
none; loading jetties at Kingston and Cascade
Airports:
total:
1
useable:
1
with permanent-surface runways :
1
with runways over 3,659 m:
0
with runways 2,440-3,659 m:
0
with runways 1,220-2,439 m:
1
Telecommunication
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