| Economy overview |
Tokelau's small size (three villages), isolation, and lack of resources greatly restrain economic development and confine agriculture to the subsistence level. The people rely heavily on aid from New Zealand - about $4 million annually - to maintain public services, with annual aid being substantially greater than GDP. The principal sources of revenue come from sales of copra, postage stamps, souvenir coins, and handicrafts. Money is also remitted to families from relatives in New Zealand. |
| GDP |
purchasing power parity - $1.5 million (1993 est.) |
| GDP - real growth rate |
NA |
| GDP - per capita |
purchasing power parity - $1,000 (1993 est.) |
| GDP - composition by sector |
agriculture: na
industry: na
services: na |
| Investment gross fixed |
|
| Population below poverty line |
NA |
| Household income or consumption by percentage share |
lowest 10%: na
highest 10%: na |
| Distribution of family income - Gini index |
|
| Inflation rate consumer prices |
NA |
| Labor force |
NA |
| Labor force by occupation |
|
| Unemployment rate |
NA |
| Budget |
revenues: $430,800
expenditures: $2.8 million, including capital expenditures of $37,300 (1987 est.) |
| Public debt |
|
| Agriculture products |
coconuts, copra, breadfruit, papayas, bananas; pigs, poultry, goats |
| Industries |
small-scale enterprises for copra production, woodworking, plaited craft goods; stamps, coins; fishing |
| Industrial production growth rate |
NA |
| Electricity production |
NA kWh |
| Electricity production by source |
fossil fuel: 100%
hydro: 0%
other: 0% (2001)
nuclear: 0% |
| Electricity consumption |
NA kWh |
| Electricity exports |
|
| Electricity imports |
|
| Oil production |
|
| Oil consumption |
|
| Oil exports |
|
| Oil imports |
|
| Oil proved reserves |
|
| Natural gas production |
|
| Natural gas consumption |
|
| Natural gas exports |
|
| Natural gas imports |
|
| Natural gas proved reserves |
|
| Current account balance |
|
| Exports |
$98,000 f.o.b. (1983) |
| Exports commodities |
stamps, copra, handicrafts |
| Exports partners |
New Zealand (2000) |
| Imports |
$323,000 c.i.f. (1983) |
| Imports commodities |
foodstuffs, building materials, fuel |
| Imports partners |
New Zealand (2000) |
| Reserves of foreign exchange gold |
|
| Debt external |
$0 |
| Economic aid recipient |
from New Zealand about $4 million annually |
| Currency |
New Zealand dollar (NZD) |
| Currency code |
NZD |
| Exchange rates |
New Zealand dollars per US dollar - 1.7229 (2003), 2.154 (2002), 2.3776 (2001), 2.1863 (2000), 1.8886 (1999) |
| Fiscal year |
1 April - 31 March |