note - the Tokelau Amendment
Act of 1996 confers legislative power on the General Fono
Judicial branch: Supreme Court in New Zealand exercises civil and
criminal jurisdiction
Political parties and leaders: none
International organization participation: SPC, WHO (associate)
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
@Tokelau:Economy
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 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%
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: $430,830
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 - production: NA kWh
Electricity - production by source:
fossil fuel: NA%
hydro: NA%
nuclear: NA%
other: NA%
Electricity - consumption: NA kWh
Electricity - exports: NA kWh
Electricity - imports: NA kWh
Agriculture - products: coconuts, copra, breadfruit, papayas, bananas;
pigs, poultry, goats
Exports: $98,000 (f.o.b., 1983)
Exports - commodities: stamps, copra, handicrafts
Exports - partners: NZ
Imports: $323,400 (c.i.f., 1983)
Imports - commodities: foodstuffs, building materials, fuel
Imports - partners: NZ
Debt - external: $0
Economic aid - recipient: $3.8 million (1995)
Currency: 1 New Zealand dollar (NZ$) = 100 cents
Exchange rates: New Zealand dollars (NZ$) per US$1 - 1.9451 (January
2000), 1.8886 (199
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