Tokelau Economic Statistics and Indicators

14, Aug 2020, EDT. Welcome to the Tokelau economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Tokelau › Change country
National or Regional Currency: New Zealand Dollar, NZD
Year of data: 2015 › Change year
Number of Indicators Listed:
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 1,337 (July 2014 est.)
Area: total: 12 sq km ; land: 12 sq km ; water: 0 sq km
Natural Resources: NEGL
Capital: none; each atoll has its own administrative center ; time difference: UTC+13 (18 hours ahead of Washington, DC during Standard Time)

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.

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