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.)

GDP composition by sector:
agriculture: NA%
industry: NA%
services: NA%

Inflation rate (consumer prices): 5% (1992)

Labor force: 1,000 (1981 est.)
by occupation: most work on family plantations; paid work exists
only in government service, small industry, and the Niue Development
Board

Unemployment rate: NA%

Budget:
revenues: $5.5 million
expenditures: $6.3 million, including capital expenditures of $NA
(1985 est.)

Industries: tourism, handicrafts, food processing

Industrial production growth rate: NA%

Electricity:
capacity: 1,500 kW
production: 2.7 million kWh
consumption per capita: 1,490 kWh (1992)

Agriculture: coconuts, passion fruit, honey, limes, taro, yams,
cassava (tapioca), sweet potatoes; pigs, poultry, beef cattle

Exports: $117,500 (f.o.b., 1989)
commodities: canned coconut cream, copra, honey, passion fruit
products, pawpaw, root crops, limes, footballs, stamps, handicrafts
partners: NZ 89%, Fiji, Cook Islands, Australia

Imports: $4.1 million (c.i.f., 1989)
commodities: food, live animals, manufactured goods, machinery,