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Tokelau Economy 2011
https://theodora.com/wfb2011/tokelau/tokelau_economy.html
SOURCE: 2011 CIA WORLD FACTBOOK AND OTHER SOURCES


















Tokelau Economy 2011
SOURCE: 2011 CIA WORLD FACTBOOK AND OTHER SOURCES


Page last updated on January 12, 2011

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):
$1.5 million (1993 est.)
country comparison to the world: 229
[see also: GDP (purchasing power parity) country ranks ]

GDP (official exchange rate):
$NA
[see also: GDP (official exchange rate) country ranks ]

GDP - real growth rate:
NA%
[see also: GDP - real growth rate country ranks ]

GDP - per capita:
$1,000 (1993 est.)
country comparison to the world: 216
[see also: GDP - per capita country ranks ]

GDP - composition by sector:
agriculture: NA%
[see also: GDP - composition by sector - agriculture country ranks ]
industry: NA%
[see also: GDP - composition by sector - industry country ranks ]
services: NA%
[see also: GDP - composition by sector - services country ranks ]

Labor force:
440 (2001)
country comparison to the world: 229
[see also: Labor force country ranks ]

Unemployment rate:
NA%
[see also: Unemployment rate country ranks ]

Population below poverty line:
NA%
[see also: Population below poverty line country ranks ]

Budget:
revenues: $430,800
[see also: Budget - revenues country ranks ]
expenditures: $2.8 million (1987 est.)
[see also: Budget - expenditures country ranks ]

Inflation rate (consumer prices):
NA%
[see also: Inflation rate (consumer prices) country ranks ]

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
[see also: Electricity - production country ranks ]

Electricity - consumption:
NA kWh
[see also: Electricity - consumption country ranks ]

Exports:
$0 (2002)
country comparison to the world: 224
[see also: Exports country ranks ]

Exports - commodities:
stamps, copra, handicrafts

Imports:
$969,200 (2002)
country comparison to the world: 223
[see also: Imports country ranks ]

Imports - commodities:
foodstuffs, building materials, fuel

Exchange rates:
New Zealand dollars (NZD) per US dollar - 1.4015 (2010), 1.6002 (2009), 1.4151 (2008), 1.3811 (2007), 1.5408 (2006)


NOTE: The information regarding Tokelau on this page is re-published from the 2011 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Tokelau Economy 2011 information contained here. All suggestions for corrections of any errors about Tokelau Economy 2011 should be addressed to the CIA.






This page was last modified 09-Feb-11
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