Political parties and leaders: Niue Peoples Party (NPP), Young
VIVIAN
International organization participation: ESCAP (associate),
Intelsat (nonsignatory user), Sparteca, SPC, SPF, UNESCO, WHO
Diplomatic representation in US: none (self-governing territory in
free association with New Zealand)
US diplomatic representation: none (self-governing territory in
free association with New Zealand)
Flag: yellow with the flag of the UK in the upper hoist-side quadrant; the flag of the UK bears five yellow five-pointed stars - a large one on a blue disk in the center and a smaller one on each arm of the bold red cross
Economy ———-
Economic 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.
GDP: purchasing power parity - $2.4 million (1993 est.)
GDP real growth rate: NA%
GDP per capita: $1,200 (1993 est.)