Tokelau:
Economy

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Other pages in this profile of Tokelau:
Geography, People, Government, Communications & Transportation, Military & Transnational Issues.


Economy - overview	Definition 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)	Definition - World rank and map $1.5 million (1993 est.)
GDP (official exchange rate)	Definition $NA
GDP - real growth rate	Definition - World rank and map NA%
GDP - per capita	Definition - World rank and map $1,000 (1993 est.)
GDP - composition by sector	Definition agriculture: NA% industry: NA% services: NA%
Labor force	Definition 440 (2001)
Unemployment rate	Definition - World rank and map NA%
Population below poverty line	Definition NA%
Inflation rate (consumer prices)	Definition - World rank and map NA%
Budget	Definition revenues: $430,800 expenditures: $2.8 million (1987 est.)
Agriculture - products	Definition coconuts, copra, breadfruit, papayas, bananas; pigs, poultry, goats; fish
Industries	Definition small-scale enterprises for copra production, woodworking, plaited craft goods; stamps, coins; fishing
Electricity - production	Definition - World rank and map NA kWh
Electricity - consumption	Definition - World rank and map NA kWh
Exports	Definition - World rank and map $0 (2002)
Exports - commodities	Definition stamps, copra, handicrafts
Exports - partners	Definition New Zealand (2006)
Imports	Definition - World rank and map $969,200 c.i.f. (2002)
Imports - commodities	Definition foodstuffs, building materials, fuel
Imports - partners	Definition New Zealand (2006)
Currency (code)	Definition New Zealand dollar (NZD)
Exchange rates	Definition New Zealand dollars per US dollar - 1.3811 (2007), 1.5408 (2006), 1.4203 (2005), 1.5087 (2004), 1.7221 (2003)
Fiscal year	Definition 1 April - 31 March