Svalbard and Jan Mayen Islands Economic Statistics and Indicators

13, Nov 2018, EST. Welcome to the Svalbard and Jan Mayen Islands economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Svalbard › Change country
National or Regional Currency: ,
Year of data: 2015 › Change year
Number of Indicators Listed:
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 1,872 (July 2014 est.)
Area: total: 62,045 sq km ; land: 62,045 sq km ; water: 0 sq km ; note: includes Spitsbergen and Bjornoya (Bear Island)
Natural Resources: coal, iron ore, copper, zinc, phosphate, wildlife, fish
Capital: name: Longyearbyen ; geographic coordinates: 78 13 N, 15 38 E ; time difference: UTC+1 (6 hours ahead of Washington, DC, during Standard Time) ; daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October

Coal mining, tourism, and international research are the major revenue sources on Svalbard. Coal mining is the dominant economic activity and a treaty of 9 February 1920 gave the 41 signatories equal rights to exploit mineral deposits, subject to Norwegian regulation. Although US, UK, Dutch, and Swedish coal companies have mined in the past, the only companies still engaging in this are Norwegian and Russian. The settlements on Svalbard are essentially company towns. The Norwegian state-owned coal company employs nearly 60% of the Norwegian population on the island, runs many of the local services, and provides most of the local infrastructure. There is also some hunting of seal, reindeer, and fox. Goods such as alcohol, tobacco, and vehicles, normally highly taxed on mainland Norway, are considerably cheaper in Svalbard in an effort by the Norwegian government to entice more people to live on the Arctic archipelago. By law, the Norwegians collect only enough taxes to pay for the needs of the local government; none of tax proceeds go to Norway.

Economic Indicators for Svalbard and Jan Mayen Islands 2015

Not Available
* Source: IMF
Aggregate Indicators for Svalbard and Jan Mayen Islands
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Svalbard and Jan Mayen Islands
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Svalbard and Jan Mayen Islands
  Natural Resources, Agricultural Products, Land Use and Water Use for Svalbard and Jan Mayen Islands
  Nationality, Ethnic Groups, Languages and Religions for Svalbard and Jan Mayen Islands
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Svalbard and Jan Mayen Islands
  Age Structure, Median Age, Gender and Urbanization for Svalbard and Jan Mayen Islands
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Svalbard and Jan Mayen Islands
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Svalbard and Jan Mayen Islands
  HIV, AIDS and Other Major Infectious Disease Rates for Svalbard and Jan Mayen Islands
  Literacy Rate, Educational Expenditure and School Life Expectancy for Svalbard and Jan Mayen Islands
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Svalbard and Jan Mayen Islands
  Industries and Industrial Growth Production Rate for Svalbard and Jan Mayen Islands
  Labor Force by Occupation for Svalbard and Jan Mayen Islands
  Poverty Line, Gini Index, Household Income and Consumption for Svalbard and Jan Mayen Islands
  National Budget and Public Debt for Svalbard and Jan Mayen Islands
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Svalbard and Jan Mayen Islands
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Svalbard and Jan Mayen Islands
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Svalbard and Jan Mayen Islands
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Svalbard and Jan Mayen Islands
  Foreign Exchange Reserves and Gold Reserves for Svalbard and Jan Mayen Islands
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Svalbard and Jan Mayen Islands
  Exchange Rate Statistics for Svalbard and Jan Mayen Islands
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Svalbard and Jan Mayen Islands
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Svalbard and Jan Mayen Islands
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Svalbard and Jan Mayen Islands
  Television and Radio Statistics (TV Stats, Radio Stats) for Svalbard and Jan Mayen Islands
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Svalbard and Jan Mayen Islands
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Svalbard and Jan Mayen Islands
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Svalbard and Jan Mayen Islands
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Svalbard and Jan Mayen Islands
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Svalbard and Jan Mayen Islands
* Source: CIA
Internet Indicators for Svalbard and Jan Mayen Islands
Indicators
  Number of Internet Users for Svalbard and Jan Mayen Islands
  Internet Penetration Rate for Svalbard and Jan Mayen Islands
  Number of Facebook Accounts for Svalbard and Jan Mayen Islands
  Facebook Penetration Rate for Svalbard and Jan Mayen Islands
* Source: IWS