GEOGRAPHICAL NAMES

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 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: 217
[see also: GDP - per capita country ranks ]

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

Labor force:
440 (2001)
country comparison to the world: 231
[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.)

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

Exports:
$0 (2002)
country comparison to the world: 223
[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 -

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