American Samoa



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American Samoa Economy 2008


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 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. note: as a territory of the US, American Samoa does not treat the US as an external trade partner
GDP (purchasing power parity): $510.1 million (2003 est.)
GDP (official exchange rate): $333.8 million (2005)
GDP - real growth rate: 3% (2003 est.)
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)
Household income or consumption by percentage share: lowest 10%: NA% highest 10%: NA%
Budget: revenues: $121 million (37% in local revenue and 63% in US grants) expenditures: $127 million (FY96/97)
Inflation rate (consumer prices): NA%
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: 180 million kWh (2006 est.)
Electricity - consumption: 167.4 million kWh (2006 est.)
Electricity - exports: 0 kWh (2007 est.)
Electricity - imports: 0 kWh (2007 est.)
Oil - production: 0 bbl/day (2007 est.)
Oil - consumption: 4,053 bbl/day (2006 est.)
Oil - exports: 0 bbl/day (2005)
Oil - imports: 4,066 bbl/day (2005)
Oil - proved reserves: 0 bbl (1 January 2006 est.)
Natural gas - production: 0 cu m (2007 est.)
Natural gas - consumption: 0 cu m (2007 est.)
Natural gas - exports: 0 cu m (2007 est.)
Natural gas - imports: 0 cu m (2007 est.)
Natural gas - proved reserves: 0 cu m (1 January 2006 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
Currency (code): US dollar (USD)
Exchange rates: the US dollar is used

NOTE: The economy information regarding American Samoa on this page is re-published from the 2008 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of American Samoa Economy 2008 information contained here. All suggestions for corrections of any errors about American Samoa Economy 2008 should be addressed to the CIA.