!!!Saint Helena, Ascension, and Tristan da Cunha: Economy 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. !!Economic Facts ||GDP (purchasing power parity)|$31.1 million (FY09/10 est.) ||GDP (official exchange rate)|$NA ||GDP - real growth rate|NA% ||GDP - per capita (PPP)|$7,800 (FY09/10 est.) ||GDP - composition, by sector of origin|''agriculture'': NA% \\ ''industry'': NA% \\ ''services'': NA% \\ ||Agriculture - products|coffee, corn, potatoes, vegetables; fish, lobster; livestock; timber ||Industries|construction, crafts (furniture, lacework, fancy woodwork), fishing, collectible postage stamps ||Industrial production growth rate|NA% ||Labor force|2,486 (1998 est.) ||Labor force - by occupation|''agriculture'': 6% \\ ''industry'': 48% \\ ''services'': 46% (1987 est.) \\ ||Unemployment rate|14% (1998 est.) ||Population below poverty line|NA% ||Household income or consumption by percentage share|''lowest 10%'': NA% \\ ''highest 10%'': NA% \\ ||Budget|''revenues'': $8.845 million \\ ''expenditures'': $21.73 million \\ \\ ''__note__'': revenue data reflect locally raised revenues only; the budget deficit is resolved by grant aid from the UK (FY06/07 est.) \\ ||Fiscal year|1 April - 31 March ||Inflation rate (consumer prices)|4% (2012 est.) ||Exports|$19 million (2004 est.) ||Exports - commodities|fish (frozen, canned, and salt-dried skipjack, tuna), coffee, handicrafts ||Imports|$20.53 million (2010 est.) ||Imports - commodities|food, beverages, tobacco, fuel oils, animal feed, building materials, motor vehicles and parts, machinery and parts ||Debt - external|$NA ||Exchange rates|Saint Helenian pounds (SHP) per US dollar - \\ 0.7391 (2016 est.) \\ 0.6542 (2015 est.) \\ 0.607 (2014 est.) \\ 0.6391 (2013 est.) \\ 0.63 (2012 est.)