page_title: Economy of American Samoa
section_title: Statistics
hierarchical_section_title: Economy of American Samoa / Statistics
caption_attribution_description: This image is excerpted from a U.S. GAO report: &lt;a href="https://www.gao.gov/products/GAO-20-467" rel="noreferrer nofollow"&gt;www.gao.gov/products/GAO-20-467&lt;/a&gt; AMERICAN SAMOA: Economic Trends, Status of the Tuna Canning Industry, and Stakeholders' Views on Minimum Wage Increases
context_page_description: The economy of American Samoa is a traditional Polynesian economy in which more than 90% of the land is communally owned. Economic activity is strongly linked to the United States, with which American Samoa conducts the great bulk of its foreign trade. Tuna fishing and processing plants are the backbone of the private sector, with canned tuna being the primary export. Transfers from the U.S. federal 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.
context_section_description: GDP: purchasing power parity – $537 million (2007 est.)
  country comparison to the world: 210
  GDP (official exchange rate): $462.2 million (2005)
  GDP – real growth rate: 3% (2003)
  country comparison to the world: 139
  GDP – per capita: purchasing power parity – $7,874 (2008)
  country comparison to the world: 120
  GDP – composition by sector:
  agriculture:
  NA%
  industry:
  NA%
  services:
  NA% (2002)
  Labor Force: 17,630 (2005)
  country comparison to the world: 203
  Labor force – by occupation: government 33%, tuna canneries 34%, other 33% (1990)
  Unemployment rate: 23.8% (2010)
  country comparison to the world: 175
  Population below poverty line:
  NA% (2002 est.)
  Household income or consumption by percentage share:
  lowest 10%:
  NA%
  highest 10%:
  NA%
  Inflation rate (consumer prices):
  NA% (2003 est.)
  Budget:
  revenues: $155.4 million (37% in local revenue and 63% in US grants)
  expenditures: $183.6 million (FY07)
  Agriculture – products: bananas, coconuts, vegetables, taro, breadfruit, yams, copra, pineapples, papayas; dairy products, livestock
  Industries: tuna canneries (largely dependent on foreign fishing vessels), handicrafts
  Industrial production growth rate: NA%
  Electricity – production: 180 GWh (2006)
  country comparison to the world: 179
  Electricity – production by source:
  fossil fuel:
  100%
  hydro:
  0%
  nuclear:
  0%
  other:
  0% (2001)
  Electricity – consumption: 167.4 GWh (2006)
  country comparison to the world: 179
  Electricity – exports: 0 kWh (2007)
  Electricity – imports: 0 kWh (2007)
  Oil – production: 0 barrels per day (0 m³/d) (2007 est.)
  country comparison to the world: 209
  Oil – consumption: 4,053 barrels per day (644.4 m³/d) (604 m³/d), 2006
  country comparison to the world: 170
  Oil – exports: 0 barrels per day (0 m³/d) (2005)
  country comparison to the world: 142
  Oil – imports: 4,066 barrels per day (646.4 m³/d) (2005)
  country comparison to the world: 166
  Natural gas – production: 0 cu m (2007)
  country comparison to the world: 208
  Natural gas – consumption: 0 cu m (2007)
  country comparison to the world: 207
  Natural gas – exports: 0 cu m (2007)
  country comparison to the world: 202
  Natural gas – imports: 0 cu m (2007)
  country comparison to the world: 201
  Natural gas – proved reserves: 0 cu m (2006)
  country comparison to the world: 205
  Exports: $445.6 million (2004)
  country comparison to the world: 167
  Exports – commodities:
  canned tuna 93% (2004)
  Exports – partners:Indonesia 70%, Australia 6.7%, Japan 6.7%, Samoa 6.7% (2002)
  Imports: $308.8 million (2004)
  country comparison to the world: 195
  Imports – commodities:
  materials for canneries 56%, food 8%, petroleum products 7%, machinery and parts 6% (2004)
  Imports – partners:
  Australia 36.6%, New Zealand 20.3%, South Korea 16.3%, Mauritius 4.9% (2002)
  Debt – external:
  $NA (2002 est.)
  Economic aid – recipient:
  $NA; note – important financial support from the US, more than $40 million in 1994
  Currency:
  US dollar (USD)
  Currency code:
  USD
  Exchange rates:
  US dollar is used
  Fiscal year:
  1 October – 30 September
caption: Employment in the canning industry in American Samoa. Employment in the industry fell following the 2009 closure of a Chicken of the Sea cannery
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