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Gross Domestic Product (GDP): Data not readily available due to limited economic activity
Main Economic Activities: Fishing, agriculture, tourism, and public administration
Currency: Saint Helena Pound (SHP)
St. Helena is a small and remote island with a limited economy. It relies on several key sectors for economic activity:
Fishing: The island's waters support fishing activities, with exports of fish and seafood products.
Agriculture: Subsistence farming and the production of coffee and other agricultural products play a role in the local economy.
Tourism: St. Helena has been working to develop its tourism industry, attracting visitors interested in its unique geography and history.
Public Administration: The government is a major employer on the island.
St. Helena faces economic challenges due to its remote location, which affects trade and accessibility. The island relies on financial aid from the UK government to maintain essential services and infrastructure.
Tourism has been identified as a potential growth area for St. Helena. The island's unique biodiversity and historical significance are points of attraction for tourists.
St. Helena imports a variety of goods, and trade is primarily conducted with the UK and South Africa.
Ten Top Companies in St. Helena
The fishing industry is vital for St. Helena, with several local businesses engaged in fishing and seafood processing.
Local agriculture includes small-scale farming, with some businesses involved in coffee and produce cultivation.
The tourism sector is growing, with businesses offering accommodations, guided tours, and related services to visitors.
Retail and Services
Local retail businesses and service providers cater to the needs of the island's residents and tourists.
Government departments and public administration play a significant role in the island's economy.
Transport and Logistics
Businesses involved in transportation and logistics support the movement of goods and people to and from the island.
Construction and Infrastructure
Construction companies work on various infrastructure projects, including road maintenance and building projects.
Education and Healthcare
Local schools, healthcare facilities, and related services contribute to the well-being of the community.
Artisan and Craft Businesses
Some businesses on St. Helena are involved in artisanal crafts and unique products for sale to visitors.
Financial and Banking Services
Financial services are available through local and international banks operating on the island.
Ten Top Banks in St. Helena
Bank of St. Helena
The Bank of St. Helena is the only locally based bank on the island, providing banking services to residents and businesses.
Standard Bank operates on the island, offering a range of financial services and products.
Barclays Bank has a presence on St. Helena, providing banking services to customers on the island.
Other International Banks
Some international banks may provide limited services to residents and businesses on St. Helena.
Top Company Listings in St. Helena Business Directory
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