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- <text id=93CT1388>
- <title>
- Tokelau--Economy
- </title>
- <article><source>CIA Factbook</source><hdr>The World Factbook 1993: Tokelau
- Economy</hdr><body>
- <p>Overview: Tokelau's small size, 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.
- </p>
- <p>National product: GDP - exchange rate conversion - $1.4
- million (1988 est.)
- </p>
- <p>National product real growth rate: NA%
- </p>
- <p>National product per capita: $800 (1988 est.)
- </p>
- <p>Inflation rate (consumer prices): NA%
- </p>
- <p>Unemployment rate: NA%
- </p>
- <p>Budget: revenues $430,830; expenditures $2.8 million,
- including capital expenditures of $37,300 (FY87)
- </p>
- <list>
- <l>Exports: $98,000 (f.o.b., 1983)</l>
- <l> commodities: stamps, copra, handicrafts</l>
- <l> partners: NZ</l>
- <l>Imports: $323,400 (c.i.f., 1983)</l>
- <l> commodities: foodstuffs, building materials, fuel</l>
- <l> partners: NZ</l>
- </list>
- <p>External debt: $0
- </p>
- <p>Industrial production: growth rate NA%
- </p>
- <p>Electricity: 200 kW capacity; 300,000 kWh produced, 180 kWh
- per capita (1990)
- </p>
- <p>Industries: small-scale enterprises for copra production, wood
- work, plaited craft goods; stamps, coins; fishing
- </p>
- <p>Agriculture: coconuts, copra; basic subsistence crops -
- breadfruit, papaya, bananas; pigs, poultry, goats
- </p>
- <p>Economic aid: Western (non-US) countries, ODA and OOF
- bilateral commitments (1970-89), $24 million
- </p>
- <p>Currency: 1 New Zealand dollar (NZ$)=100 cents
- </p>
- <p>Exchange rates: New Zealand dollars (NZ$) per US$1 - 1.9486
- (January 1993), 1.8584 (1992), l.7265 (1991), 1.6750 (1990),
- 1.6708 (1989), 1.5244 (1988)
- </p>
- <p>Fiscal year: 1 April-31 March
- </p></body></article></text>
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