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Economy - overview

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 $4 million annually - to maintain public services, annual aid being substantially greater than GDP. 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.


Industries

Small-scale enterprises for copra production, woodworking, plaited craft goods; stamps, coins; fishing.


Agriculture - products

Coconuts, copra, breadfruit, papayas, bananas; pigs, poultry, goats.


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