remittances from New Zealand. Government expenditures regularly exceed
revenues, and the shortfall is made up by grants from New Zealand
which 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 (1994 est.)

GDP - real growth rate: NA%

GDP - per capita: purchasing power parity - $2,250 (1994 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 (1998)

Electricity - production by source:
fossil fuel: 100%
hydro: 0%
nuclear: 0%
other: 0% (1998)

Electricity - consumption: 3 million kWh (1998)

Electricity - exports: 0 kWh (1998)

Electricity - imports: 0 kWh (1998)

Agriculture - products: coconuts, passion fruit, honey, limes, taro,
yams, cassava (tapioca), sweet potatoes; pigs, poultry, beef cattle

Exports: $117,500 (f.o.b., 1989)

Exports - commodities: canned coconut cream, copra, honey, passion
fruit products, pawpaws, root crops, limes, footballs, stamps,
handicrafts

Exports - partners: NZ 89%, Fiji, Cook Islands, Australia

Imports: $4.1 million (c.i.f., 1989)

Imports - commodities: food, live animals, manufactured goods,
machinery, fuels, lubricants, chemicals, drugs

Imports - partners: NZ 59%, Fiji 20%, Japan 13%, Samoa, Australia, US

D