Economy Of Tokelau

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

Applied Language Solutions offer English to Tokelauan Translation , English Translation .

This information was reproduced in part from the CIA World Fact book.

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Economy Of Tokelau