My World Factbook
(Learn more about the new, improved World Factbook)
Note: Most information adapted from the popular World Factbook is distributed between the websites GeoWorld (geography, people, communications & transportation), Politix (government) and Great Depression II (economy).
Economy
The inhabitants of this tiny isolated economy exist on fishing, subsistence farming, handicrafts, and postage stamps. The fertile soil of the valleys produces a wide variety of fruits and vegetables, including citrus, sugarcane, watermelons, bananas, yams, and beans. Bartering is an important part of the economy. The major sources of revenue are the sale of postage stamps to collectors and the sale of handicrafts to passing ships. In October 2004, more than one-quarter of Pitcairn’s small labor force was arrested, putting the economy in a bind, since their services were required as lighter crew to load or unload passing ships.
$NA
15 able-bodied men (2004)
country comparison to the world: note: no business community in the usual sense; some public works; subsistence farming and fishing
honey; wide variety of fruits and vegetables; goats, chickens, fish
postage stamps, handicrafts, beekeeping, honey
NA kWh; note - electric power is provided by a small diesel-powered generator
$NA
fruits, vegetables, curios, stamps
$NA
fuel oil, machinery, building materials, flour, sugar, other foodstuffs
New Zealand dollars (NZD) per US dollar - 1.4015 (2010), 1.6002 (2009), 1.4151 (2008), 1.3811 (2007), 1.5408 (2006)


