rengthening of economic management, the encouragement
of tourism, and a debt restructuring agreement, have rekindled
investment and growth.
GDP: purchasing power parity - $100 million (1999 est.)
GDP - real growth rate: NA%
GDP - per capita: purchasing power parity - $5,000 (1999 est.)
GDP - composition by sector: agriculture: 18%
industry: 9%
services: 73% (1995)
Population below poverty line: NA%
Household income or consumption by percentage share: lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices): 1.6% (1999 est.)
Labor force: 6,601 (1993)
Labor force - by occupation: agriculture 29%, industry 15%, services
56% (1995) note - shortage of skilled labor
Unemployment rate: NA%
Budget: revenues: $25 million
expenditures: $23 million, including capital expenditures of $NA
(FY 99/00)
Industries: fruit processing, tourism, fishing
Industrial production growth rate: NA%
Electricity - production: 21 million kWh (1999)
Electricity - production by source: fossil fuel: 100%
hydro: 0%
nuclear: 0%
other: 0% (1999)
Electricity - consumption: 19.5 million kWh (1999)
Electricity - exports: 0 kWh (1999)
Electricity - imports: 0 kWh (1999)
Agriculture - products: copra, citrus, pineapples, tomatoes, beans,
pawpaws, bananas, yams, taro, coffee; pigs, poultry
Exports: $3 million (f.o.b., 1999 est.)
Exports - commodities: copra, papayas, fresh and canned citrus
fruit, coffee; fish; pearls and pearl shells; clothing
Exports - partners: Japan 42%, New Zealand 25%, US 9%, Australia 9%
(1999)
Imports: $85 million (c.i.f., 1994)
Imports - commodities: foodstuffs, textiles, fuels, timber, capital
goods
Imports - partners: NZ 70%, Australia 8% (1999)
Debt - external: $141 million (1996 est.)
Economic aid - recipient: $13.1 million (1995); note - New Zealand
continues to furnish the greater part
Currency: New Zealand dollar (NZD)
Currency code: NZD
Exchange rates: New Zealand dollars per US dollar - 2.2502 (January
2001), 2.1863 (2000), 1.8886 (1999), 1.8632 (1998), 1.5083 (1997),
1.4543 (1996)
Fiscal year: 1 April - 31 March
Cook Islands Communications
Telephones - main lines in use: 5,000 (1997)
Telephones - mobile cellular: 0 (1994)
Telephone system: general assessment: NA
domestic: the individual islands are connected by a combination of
satellite earth stations, microwave systems, and VHF and HF
radiotel
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