Economy of American Samoa
| Currency | US dollar (USD) |
|---|---|
| 1 October – 30 September | |
Trade organizations | WTO |
| Statistics | |
| GDP |
|
| GDP rank | 187th (nominal) / 190th (PPP) |
GDP growth | 1.7% (2022) |
GDP per capita |
|
GDP by sector | NA |
| 1.951% (2024f) | |
Population below poverty line | NA |
Labor force | 17,630 (2007) |
Labor force by occupation | agriculture 34%, industry 33%, services 33% (1990) |
| Unemployment | 8.36% (2020) |
Main industries | tuna canneries (largely dependent on foreign fishing vessels), handicrafts |
| External | |
| Exports | $69.9 million (2018) |
Export goods | canned tuna 93% (2004) |
Main export partners |
|
| Imports | $147 million (2018) |
Import goods | materials for canneries 56%, food 8%, petroleum products 7%, machinery and parts 6% (2004) |
Main import partners |
|
| Public finances | |
| 69.5 million (2015) | |
| Revenues | $121 million (37% in local revenue and 63% in US grants) (1997) |
| Expenses | $127 million (1997) |
| Economic aid | more than $40 million from US in financial support (1994) |
All values, unless otherwise stated, are in US dollars. | |
The economy of American Samoa is a traditional Polynesian economy in which more than 90% of the land is communally owned. American Samoa is an unincorporated territory of the United States; economic activity is strongly linked to the main customs zone of the U.S., with which American Samoa conducts the great bulk of its 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.