The 2008 CIA World Factbook, Volume 3 Papyras Classics

← The 2008 CIA World Factbook, Volume 3

Chapter 98

Upu, Wftu

Diplomatic representation in the US:

none (overseas territory of the UK)

Diplomatic representation from the US:

none (overseas territory of the UK)

Flag description:

blue with the flag of the UK in the upper hoist-side quadrant and the Saint Helenian shield centered on the outer half of the flag; the shield features a rocky coastline and three-masted sailing ship

Economy
Saint Helena

Economy - overview:

The economy depends largely on financial assistance from the UK, which will amount to about $27 million in FY06/07 or almost 70% 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.

GDP (purchasing power parity):

$18 million (1998 est.)

GDP (official exchange rate):