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 $10 million annually in 2008 and 2009 - to maintain public services. New Zealand's support amounts to 80% of Tokelau's recurrent government budget. An international trust fund, currently worth nearly US$32 million, was established in 2004 to provide Tokelau an independent source of revenue. 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): GDP (official exchange rate): GDP - real growth rate: GDP - per capita (PPP): GDP - composition, by sector of origin:
Agriculture - products: Industries: Labor force: Unemployment rate: Population below poverty line: Budget:
Fiscal year: Inflation rate (consumer prices): Exports: Exports - commodities: Imports: Imports - commodities: Exchange rates:
$1.5 million (1993 est.)
country comparison to the world: 229
[see also: GDP country ranks ]
$NA
[see also: GDP (official exchange rate) country ranks ]
NA%
[see also: GDP - real growth rate country ranks ]
$1,000 (1993 est.)
country comparison to the world: 219
[see also: GDP - per capita country ranks ]
agriculture:
NA%
industry:
NA%
services:
NA%
coconuts, copra, breadfruit, papayas, bananas; pigs, poultry, goats; fish
small-scale enterprises for copra production, woodworking, plaited craft goods; stamps, coins; fishing
440 (2001)
country comparison to the world: 232
[see also: Labor force country ranks ]
NA%
[see also: Unemployment rate country ranks ]
NA%
[see also: Population below poverty line country ranks ]
revenues:
$430,800
expenditures:
$2.8 million (1987 est.)
1 April - 31 March
NA%
[see also: Inflation rate (consumer prices) country ranks ]
$0 (2002)
country comparison to the world: 223
[see also: Exports country ranks ]
stamps, copra, handicrafts
$969,200 (2002)
country comparison to the world: 222
[see also: Imports country ranks ]
foodstuffs, building materials, fuel
New Zealand dollars (NZD) per US dollar -
1.247 (2013)
1.2334 (2012)
1.3874 (2010)
1.6002 (2009)
1.4151 (2008)