Svalbard and Jan Mayen is an archipelago located in the Arctic Ocean, between Norway and the North Pole. The economy of Svalbard and Jan Mayen is largely dependent on fishing, tourism, and the mining of coal and other minerals. According to the World Bank, the GDP of Svalbard and Jan Mayen in 2019 was $1.2 billion, with a population of 2,817 people. The unemployment rate in 2019 was 4.2%, and the inflation rate was 0.7%. The main exports of Svalbard and Jan Mayen are fish, coal, and other minerals. The main imports are food, fuel, and machinery. The currency used in Svalbard and Jan Mayen is the Norwegian Krone. The government of Svalbard and Jan Mayen is responsible for providing basic services such as healthcare, education, and infrastructure. Overall, Svalbard and Jan Mayen has a small but stable economy that is largely dependent on fishing, tourism, and the mining of coal and other minerals.