PC, 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.)

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

Population below poverty line: NA%

Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: NA%

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

Labor force: 450 (1992 est.)

Labor force--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--production: 3 million kWh (1996)

Electricity--production by source:
fossil fuel: 100%
hydro: 0%
nuclear: 0%
other: 0% (1996)

Electricity--consumption: 3 million kWh (1996)

Electricity--exports: 0 kWh (1996)

Electricity--imports: 0 kWh (1996)

Agricultur