itory of New Zealand)

Flag description: the flag of New Zealand is used

@Tokelau:Economy

Economy-overview: Tokelau's small size, isolation, and lack of
resources greatly restrain economic development and confine
agriculture to the subsistence level. The people must rely on aid from
New Zealand to maintain public services, 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%

Inflation rate-consumer price index: 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, wood work,
plaited craft goods; stamps, coins; fishing

Industrial production growth rate: NA%

Electricity-capacity: NA kW

Electricity-production: NA kWh

Electricity-consumption per capita: NA kWh

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

Exports:
total value: $98,000 (f.o.b., 1983)
commodities: stamps, copra, handicrafts
partners: NZ

Imports:
total value: $323,400 (c.i.f., 1983)
commodities: foodstuffs, building materials, fuel
partners: NZ

Debt-external: $0

Economic aid:
recipient: ODA, $3.7 million from NZ (FY95/96)

Currency: 1 New Zealand dollar (NZ$) = 100 cents

Exchange rates: New Zealand dollars (NZ$) per US$1-1.7283 (January
1998), 1.5083 (1997), 1.4543 (1996), 1.5235 (1995), 1.6844 (1994),
1.8495 (1993)

Fiscal year: 1 April-31 March

Communications

Telephones: NA

Telephone system:
domestic: radiotelephone service between islands
international: radiotelephone service to Western Samoa;
government-regulated telephone service (TeleTok), with three satellite
earth stations, established in 1997

Radio broadcast stations: AM NA, FM NA, shortwave NA
note: each atoll has a radio broadcast station of NA type that
broadcasts shipping and weather reports

Radios: 1,000 (1993 est.)

Television broadcast stations: NA

Televisions: NA

@Tokelau:Transportation

Railways: 0 km

Highways:
total: NA km
paved: NA