hough 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.

National product: GDP - purchasing power parity - $2.4 million (1993
est.)

National product real growth rate: NA%

National product per capita: $1,200 (1993 est.)

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

Unemployment rate: NA%

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

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, fuels,
lubricants, chemicals, drugs
partners: NZ 59%, Fiji 20%, Japan 13%, Western Samoa, Australia, US

External debt: $NA

Industrial production: growth rate NA%

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

Industries: tourism, handicrafts, food processing

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

Economic aid:
recipient: Western (non-US) countries, ODA and OOF bilateral
commitments (1970-89), $62 million

Currency: 1 New Zealand dollar (NZ$) = 100 cents

Exchange rates: New Zealand dollars (NZ$) per US$1 - 1.5601 (January
1995), 1.6844 (1994), 1.8495 (1993), 1.8584 (1992), 1.7265 (1991),
1.6750 (1990)

Fiscal year: 1 April - 31 March

@Niue:Transportation

Railroads: 0 km

Highways:
total: 229 km
unpaved: all-weather 123 km; plantation access 106 km

Ports: none; offshore anchorage only

Merchant marine: none

Airports:
total: 1
with paved runways 1,524 to 2,437 m: 1

@Niue:Communications

Telephone system: 383 telephones
local: NA
intercity: single-line telephone system connects all villages on
island
international: NA

Radio:
broadcast stations: AM 1,000, FM 1, shortwave 0 (1987 est.)
radios: NA

Television:
broadcast stations: 0
televisions: NA