SPC, 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 (official exchange rate):
NA
GDP - real growth rate:
NA%
GDP - per capita (PPP):
$1,000 (1993 est.)
GDP - composition by sector:
agriculture: NA%
industry: NA%
services: NA%
Labor force:
440 (2001)
Unemployment rate:
NA%
Population below poverty line:
NA%
Inflation rate (consumer prices):
NA%
Budget:
revenues: $430,800
expenditures: $2.8 million; including capital expenditures of NA
(1987 est.)
Agriculture - products:
coconuts, copra, breadfruit, papayas, bananas; pigs, poultry,
goats; fish
Industries:
small-scale enterprises for copra production, woodworking, plaited
craft goods; stamps, coins; fishing
Electricity - production:
NA kWh
Electricity - production by source:
fossil fuel: 100%
hydro: 0%
nuclear: 0%
other: 0% (2001)
Electricity - consumption:
NA kWh
Exports:
$0 f.o.b. (2002)
Exports - commodities:
stamps, copra, handicrafts
Exports - partners:
New Zealand (2004)
Imports:
$969,200 c.i.f. (2002)
Imports - commodities:
foodstuffs, building materials, fuel
Imports - partners:
New Zealand (2004)
Debt - external:
$0
Economic aid - recipient:
about $4 million annually from New Zealand
Currency (code):
New Zealand dollar (NZD)
Currency code:
NZD
Exchange rates:
New Zealand dollars per US dollar - 1.4203 (2005), 1.5087 (2004),
1.7221 (2003), 2.1622 (2002)
Fiscal year:
1 April - 31 March
Communications Tokelau
Telephones - main lines in use:
300 (2002)
Telephones - mobile cellular:
0 (2001)
Telephone sy
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