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Tokelau Economy 2010
https://workmall.com/wfb2010/tokelau/tokelau_economy.html
SOURCE: 2010 CIA WORLD FACTBOOK AND OTHER SOURCES

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Tokelau Economy 2010
SOURCE: 2010 CIA WORLD FACTBOOK AND OTHER SOURCES

Page last updated on January 15, 2010

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.)

GDP (official exchange rate):
$NA

GDP - real growth rate:

GDP - per capita (PPP):
$1,000 (1993 est.)

GDP - composition by sector:
agriculture: NA%
industry: NA%
services: NA%

Labor force:
440 (2001)

Unemployment rate:
NA% est.)

Population below poverty line:
NA%

Budget:
revenues: $430,800
expenditures: $2.8 million (1987 est.)

Inflation rate (consumer prices):
NA% est.)

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

Electricity - consumption:
NA kWh

Exports:
$0 (2002 est.)

Exports - commodities:
stamps, copra, handicrafts

Imports:
$969,200 (2002 est.)

Imports - commodities:
foodstuffs, building materials, fuel

Exchange rates:
New Zealand dollars (NZD) per US dollar - 1.6204 (2009), 1.4151 (2008), 1.3811 (2007), 1.5408 (2006), 1.4203 (2005)


NOTE: The information regarding Tokelau on this page is re-published from the 2010 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Tokelau Economy 2010 information contained here. All suggestions for corrections of any errors about Tokelau Economy 2010 should be addressed to the CIA.






This page was last modified 09-Feb-10
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