Cocos (Keeling) Islands Economic information

The Cocos (Keeling) Islands are an Australian territory located in the Indian Ocean. The economy of the islands is mainly based on tourism, fishing and agriculture in coastal villages. Tourism is the main driver of the Cocos (Keeling) Islands' economy. The islands are famous for their white beaches, clear waters and coral reefs. Tourists enjoy the beauty of the islands with activities such as underwater diving, surfing, fishing and nature walks. Fishing also plays an important role in the economy of the islands. The islands are a rich source of tuna, shrimp and other seafood. Fisheries contribute to the economic activities of fish caught both for local consumption and for export. Agriculture is another component of the Cocos (Keeling) Islands' economy. Coconuts, fruits and vegetables are grown on the islands. While these products are used for local consumption, some are also exported. The economy of the Cocos (Keeling) Islands is supported by the Australian government. The islands' infrastructure and service sector are funded by the Australian government. Additionally, the management and administration of the islands is provided by the Australian government.

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