Political parties and leaders: Niue People's Action Party or NPP
International organization participation: ESCAP (associate),
Intelsat (nonsignatory user), Sparteca, SPC, SPF, UNESCO, WHO, WMO
Diplomatic representation in the US: none (self-governing
territory in free association with New Zealand)
Diplomatic representation from the US: none (self-governing
territory in free association with New Zealand)
Flag description: 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
Economy—overview: The economy is heavily dependent on aid and remittances from New Zealand as Niue has no indigenous export products. Government expenditures regularly exceed revenues, and the shortfall is made up by grants from New Zealand which are used to pay wages to public employees. Niue has cut government expenditures by reducing the public service by almost half. 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: purchasing power parity?$1,200 (1993 est.)