Economy
Tokelau
Budget
revenues
$24,324,473 (2017 est.)
expenditures
$11,666,542 (2017 est.)
Industries
small-scale businesses involved in copra production, woodworking, and the creation of plaited craft items; stamps, currency; fishing activities
Exchange rates
Currency
New Zealand dollars (NZD) per US dollar -
Exchange rates 2020
1.542 (2020 est.)
Exchange rates 2021
1.414 (2021 est.)
Exchange rates 2022
1.577 (2022 est.)
Exchange rates 2023
1.628 (2023 est.)
Exchange rates 2024
1.652 (2024 est.)
Economic overview
a diminutive economy on a territorial island of New Zealand; the labor force is capable of employment in either New Zealand or Australia; considerable remittances; predominantly powered by solar energy; dependent on financial support from New Zealand; producer of stamps, coins, and crafts
Exports - partners
Czechia 92%, Singapore 2%, Brazil 1%, South Africa 1%, Sri Lanka 1% (2023)
Imports - partners
Samoa 31%, Italy 23%, France 21%, Netherlands 16%, Germany 2% (2023)
Real GDP per capita
Real GDP per capita 2015
$4,292 (2015 est.)
Real GDP per capita 2016
$4,855 (2016 est.)
Real GDP per capita 2017
$6,004 (2017 est.)
Agricultural products
coconuts, root vegetables, tropical fruits, pork, bananas, eggs, chicken (2023)
Exports - commodities
automobiles, telephones, clothing, iron fasteners, textiles (2023)
Imports - commodities
integrated circuits, stone processing machinery, refined petroleum, gas turbines, plastic goods (2023)
GDP (official exchange rate)
$12.658 million (2017 est.)
Inflation rate (consumer prices)
Inflation rate (consumer prices) 2017
11% (2017 est.)
Inflation rate (consumer prices) 2019
2.5% (2019 est.)
Inflation rate (consumer prices) 2020
4% (2020 est.)
Real GDP (purchasing power parity)
Real GDP (purchasing power parity) 2017
$7,711,583 (2017 est.)