jurisdiction in Tokelau

Political parties and leaders:
none

Political pressure groups and leaders:
none

International organization participation:
UNESCO (associate), UPU

Diplomatic representation in the US:
none (territory of New Zealand)

Diplomatic representation from the US:
none (territory of New Zealand)

Flag description:
the flag of New Zealand is used

Economy 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

Population below poverty line:
NA

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: $430,800
expenditures: $2.8 million, including capital expenditures of
$37,300 (1987 est.)

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 - consumption:
NA kWh

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)

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 ye