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Sep 18, 2021 · Economy - overview: The main economic activities on Christmas Island are the mining of low grade phosphate, limited tourism, the provision of government services and, since 2005, the construction and operation of the Immigration Detention Center. Phosphate mining had been the only significant economic activity, but in December 1987 the Australian government closed the mine. In 1991, the mine was reopened by Phosphate Resources Limited, a consortium that included many of the former mine workers as shareholders and is the largest contributor to the Christmas Island economy. [93] NOTE: The information regarding Christmas Island on this page is re-published from the 2024 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Christmas Island 2024 information contained here. In 2022, Christmas Island exported a total of $15.3M, making it the number 214 exporter in the world. During the last five reported years the exports of Christmas Island have changed by -$4.12M from $19.4M in 2017 to $15.3M in 2022. Jan 1, 2005 · GDP - per capita; GDP - composition by sector; Definition This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. GDP dollar estimates in the Factbook are derived from purchasing power parity (PPP) calculations. See the note on GDP methodology for more information. GDP per capita Euros Real GDP growth % Inflation rate % Current account balance % of GDP Trade in goods Christmas Island with World Source IMF EU27 with Christmas Island Source Eurostat EU27 Merchandise trade with Christmas Island by product (2023) - SITC (UN) & AMA/NAMA (WTO) Source Eurostat Trade in services Christmas Island Economy Is Christmas Island a wealthy country? The main economic activities on Christmas Island are the mining of low grade phosphate, limited tourism, the provision of government services and, since 2005, the construction and operation of the Immigration Detention Center. Population, GDP, life expectancy, birth rate and other key metrics for Christmas Island. GDP.. GDP growth Total merchandise trade (millions of US$) 2005 2010 2015 2023 ... CHRISTMAS ISLAND Source: UN Trade and Development, UNCTADstat (https://unctadstat ...

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