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Translation Services » Country Guides O - Z » Tokelau

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Economy Of Tokelau
Tokelau Information - Country Guides

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

Introduction and Background to Tokelau | Geography Of Tokelau | People Of Tokelau | Government Of Tokelau | Communications Of Tokelau | Transportation Of Tokelau | Military Of Tokelau | Transnational Issues Of Tokelau
Tokelauan Flag Map Of Tokelau Tokelauan language
 

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