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Samoa

Introduction to Samoa

New Zealand occupied the German protectorate of Western Samoa at the outbreak of World War I in 1914. It continued to administer the islands as a mandate and then as a trust territory until 1962, when the islands became the first Polynesian nation to reestablish independence in the 20th century. The country dropped the "Western" from its name in 1997.

Government

Capital:

Apia 

Independence:

1 January 1962 (from New Zealand-administered UN trusteeship) 

National holiday:

Independence Day Celebration, 1 June (1962); note - 1 January 1962 is the date of independence from the New Zealand-administered UN trusteeship, 1 June 1962 is the date that independence is celebrated 

Economy

Economy overview:

The economy of Samoa has traditionally been dependent on development aid, family remittances from overseas, and agriculture and fishing. The country is vulnerable to devastating storms. Agriculture employs two-thirds of the labor force, and furnishes 90% of exports, featuring coconut cream, coconut oil, and copra. The manufacturing sector mainly processes agricultural products. The decline of fish stocks in the area is a continuing problem. Tourism is an expanding sector, accounting for 25% of GDP; about 88,000 tourists visited the islands in 2001. The Samoan Government has called for deregulation of the financial sector, encouragement of investment, and continued fiscal discipline, meantime protecting the environment. Observers point to the flexibility of the labor market as a basic strength for future economic advances. Foreign reserves are in a relatively healthy state, the external debt is stable, and inflation is low. 

GDP:

purchasing power parity -$1billion (2002 est.) 

GDP - composition by sector:

agriculture: 14%
industry: 23%
services: 63% (2001 est.)

Agriculture products:

coconuts, bananas, taro, yams, coffee, cocoa 

Industries:

food processing, building materials, auto parts 

Transportation

Highways:

total: 790 km
paved: 332 km
unpaved: 458 km (1999 est.)

Ports and harbors:

Apia, Asau, Mulifanua, Salelologa

Merchant marine:

total: 1 ships (1,000 GRT or over) 7,091 GRT/8,127 DWT
registered in other countries: 2 (2003 est.)
by type: cargo 1
foreign-owned: Germany 1

Airports:

4 (2003 est.)

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