:Niue Economy
Overview:
The economy is heavily dependent on aid from New Zealand. Government
expenditures regularly exceed revenues, with the shortfall made up by grants
from New Zealand - the grants are used to pay wages to public employees. The
agricultural sector consists mainly of subsistence gardening, although some
cash crops are grown for export. Industry consists primarily of small
factories to process passion fruit, lime oil, honey, and coconut cream. The
sale of postage stamps to foreign collectors is an important source of
revenue. The island in recent years has suffered a serious loss of
population because of migration of Niueans to New Zealand.
GNP:
exchange rate conversion - $2.1 million, per capita $1,000; real growth rate
NA% (1989 est.)
Inflation rate (consumer prices):
9.6% (1984)
Unemployment rate:
NA%
Budget:
revenues $5.5 million; expenditures $6.3 million, including capital
expenditures of $NA (FY85 est.)
Exports:
$175,274 (f.o.b., 1985)
commodities:
canned coconut cream, copra, honey, passion fruit products, pawpaw, root
crops, limes, footballs, stamps, handicrafts
partners:
NZ 89%, Fiji, Cook Islands, Australia
Imports:
$3.8 million (c.i.f., 1985)
commodities:
food, live animals, manufactured goods, machinery, fuels, lubricants,
chemicals, drugs
partners:
NZ 59%, Fiji 20%, Japan 13%, Western Samoa, Australia, US
External debt:
$NA
Industrial production:
growth rate NA%
Electricity:
1,500 kW capacity; 3 million kWh produced, 1,490 kWh per capita (1990)
Industries:
tourist, handicrafts
Agriculture:
copra, coconuts, passion fruit, honey, limes; subsistence crops - taro,
yams, cassava (tapioca), sweet potatoes; pigs, poultry, beef cattle
Economic aid:
Western (non-US) countries, ODA and OOF bilateral commitments (1970-89), $62
million
Currency:
New Zealand dollar (plural - dollars); 1 New Zealand dollar (NZ$) = 100
cents
Exchange rates:
New Zealand dollars (NZ$) per US$1 - 1.8245 (March 1992), 1.7265 (1991),
1.6750 (1990), 1.6711 (1989), 1.5244 (1988), 1.6886 (1987)
Fiscal year:
1 April - 31 March
:Niue Communications
Highways:
123 km all-weather roads, 106 km access and plantation roads
Ports:
none; offshore anchorage only
Airports:
1 with permanent-surface runway of 1,650 m
Telecommunications:
single-line telephone system connects all villages on island; 383
telephones; 1,000 radio receivers (1987 est.); broadcast stations - 1 AM, 1
FM, no TV
:Niue Defense Forces
Branches:
Police Force
Note:
defense is the responsibility of New Zealand
:Norfolk Island Geography
Total area:
34.6 km2
Land area:
34.6 km2
Comparative area:
about 0.2 times the size of Washington, DC
Land boundaries:
none
Coastline:
32 km
Maritime claims:
Exclusive fishing zone:
200 nm
Territorial sea:
3 nm
Disputes:
none
Climate:
subtropical, mild, little seasonal temperature variation
Terrain:
volcanic formation with mostly rolling plains
Natural resources:
fish
Land use:
arable land 0%; permanent crops 0%; meadows and pastures 25%; forest and
woodland 0%; other 75%
Environment:
subject to typhoons (especially May to July)
Note:
located 1,575 km east of Australia in the South Pacific Ocean
:Norfolk Island People
Population:
2,620 (July 1992), growth rate 1.7% (1992)
Birth rate:
NA births/1,000 population (1992)
Death rate:
NA deaths/1,000 population (1992)
Net migration rate:
NA migrants/1,000 population (1992)
Infant mortality rate:
NA deaths/1,000 live births (1992)
Life expectancy at birth:
NA years male, NA years female (1992)
Total fertility rate:
NA children born/woman (1992)
Nationality:
noun - Norfolk Islander(s); adjective - Norfolk Islander(s)
Ethnic divisions:
descendants of the Bounty mutiny; more recently, Australian and New Zealand
settlers
Religions:
Anglican 39%, Roman Catholic 11.7%, Uniting Church in Australia 16.4%,
Seventh-Day Adventist 4.4%, none 9.2%, unknown 16.9%, other 2.4% (1986)
Languages:
English (official) and Norfolk - a mixture of 18th century English and
ancient Tahitian
Literacy:
NA% (male NA%, female NA%)
Labor force:
NA
Organized labor:
NA