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    Tokelau Economy - 2004
    https://immigration-usa.com/wfb2004/tokelau/tokelau_economy.html
    SOURCE: 2004 CIA WORLD FACTBOOK

      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%

      Population below poverty line:
      NA% (2002 est.)

      Household income or consumption by percentage share:
      lowest 10%: NA%
      highest 10%: NA%

      Inflation rate (consumer prices):
      NA%

      Labor force:
      NA

      Unemployment rate:
      NA%

      Budget:
      revenues: $430,830
      expenditures: $2.8 million, including capital expenditures of $37,300 (1987 est.)

      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

      Agriculture - products:
      coconuts, copra, breadfruit, papayas, bananas; pigs, poultry, goats

      Exports:
      $98,000 f.o.b. (1983)

      Exports - commodities:
      stamps, copra, handicrafts

      Exports - partners:
      NZ (2000)

      Imports:
      $323,000 c.i.f. (1983)

      Imports - commodities:
      foodstuffs, building materials, fuel

      Imports - partners:
      NZ (2000)

      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


      NOTE: The information regarding Tokelau on this page is re-published from the 2004 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Tokelau Economy 2004 information contained here. All suggestions for corrections of any errors about Tokelau Economy 2004 should be addressed to the CIA.

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    https://immigration-usa.com/wfb2004/tokelau/tokelau_economy.html

    Revised 21-May-04
    Copyright © 2004 Photius Coutsoukis (all rights reserved)


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