Great Depression II

Tokelau/

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Economy

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.
$1.5 million (1993 est.)
country comparison to the world: See information ranked by country 228
$NA
NA%
$1,000 (1993 est.)
country comparison to the world: See information ranked by country 215
agriculture: NA%
industry: NA%
services: NA%
440 (2001)
country comparison to the world: See information ranked by country 228
NA%
NA%
NA%
coconuts, copra, breadfruit, papayas, bananas; pigs, poultry, goats; fish
small-scale enterprises for copra production, woodworking, plaited craft goods; stamps, coins; fishing
NA kWh
NA kWh
$0 (2002)
country comparison to the world: See information ranked by country 223
stamps, copra, handicrafts
$969,200 (2002)
country comparison to the world: See information ranked by country 222
foodstuffs, building materials, fuel
New Zealand dollars (NZD) per US dollar - 1.4015 (2010), 1.6002 (2009), 1.4151 (2008), 1.3811 (2007), 1.5408 (2006)


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