AO, Intelsat (nonsignatory user), Sparteca, SPC, SPF, UNESCO, WHO,
WMO
Diplomatic representation in the US: none (self-governing territory
in free association with New Zealand)
Diplomatic representation from the US: none (self-governing
territory in free association with New Zealand)
Flag description: yellow with the flag of the UK in the upper
hoist-side quadrant; the flag of the UK bears five yellow
five-pointed stars - a large one on a blue disk in the center and a
smaller one on each arm of the bold red cross
Niue Economy
Economy - overview: Government expenditures regularly exceed
revenues, and the shortfall is made up by critically needed grants
from New Zealand that are used to pay wages to public employees.
Niue has cut government expenditures by reducing the public service
by almost half. The agricultural sector consists mainly of
subsistence gardening, although some cash crops are grown for
export. Industry consists primarily of small factories to process
passion fruit, lime oil, honey, and coconut cream. The sale of
postage stamps to foreign collectors is an important source of
revenue. The island in recent years has suffered a serious loss of
population because of migration of Niueans to New Zealand. Efforts
to increase GDP include the promotion of tourism and a financial
services industry.
GDP: purchasing power parity - $4.5 million (1997 est.)
GDP - real growth rate: NA%
GDP - per capita: purchasing power parity - $2,800 (1997 est.)
GDP - composition by sector: agriculture: NA%
industry: NA%
services: NA%
Population below poverty line: NA%
Household income or consumption by percentage share: lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices): 1% (1995)
Labor force: 450 (1992 est.)
Labor force - by occupation: most work on family plantations; paid
work exists only in government service, small industry, and the Niue
Development Board
Unemployment rate: NA%
Budget: revenues: $NA
expenditures: $NA, including capital expenditures of $NA
Industries: tourism, handicrafts, food processing
Industrial production growth rate: NA%
Electricity - production: 3 million kWh (1999)
Electricity - production by source: fossil fuel: 100%
hydro: 0%
nuclear: 0%
other: 0% (1999)
Electricity - consumption: 2.8 million kWh (1999)
Electricity - exports: 0 kWh (1999)
Electricity - imports: 0 kWh (1999)
Agriculture - products:
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