Tokelau
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Introduction - Tokelau: | Location - Tokelau: | People - Tokelau: | Government - Tokelau: | Economy - Tokelau: | Economy overview | Tokelaus 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 official exchange rate | NA | | Gdp real growth rate | NA% | | Gdp per capita ppp | $1,000 (1993 est.) | | Gdp composition by sector | agriculture: NA%
industry: NA%
services: NA% | | Labor force | 440 (2001) | | Unemployment rate | NA% | | Population below poverty line | NA% | | Inflation rate consumer prices | NA% | | Budget | revenues: $430,800
expenditures: $2.8 million; including capital expenditures of $NA (1987 est.) | | Agriculture products | coconuts, copra, breadfruit, papayas, bananas; pigs, poultry, goats; fish | | Industries | small-scale enterprises for copra production, woodworking, plaited craft goods; stamps, coins; fishing | | Electricity production | NA kWh | | Electricity consumption | NA kWh | | Exports | $0 f.o.b. (2002) | | Exports commodities | stamps, copra, handicrafts | | Exports partners | New Zealand (2006) | | Imports | $969,200 c.i.f. (2002) | | Imports commodities | foodstuffs, building materials, fuel | | Imports partners | New Zealand (2006) | | Economic aid recipient | about $4 million annually from New Zealand | | Currency code | New Zealand dollar (NZD) | | Exchange rates | New Zealand dollars per US dollar - 1.5408 (2006), 1.4203 (2005), 1.5087 (2004), 1.7221 (2003), 2.1622 (2002) | |
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This page was last updated on 16 September, 2007 Source: CIA >>> |