activities are limited to fruit processing, clothing, and
handicrafts. Trade deficits are offset by remittances from emigrants
and by foreign aid, overwhelmingly from New Zealand. In the 1980s
and 1990s, the country lived beyond its means, maintaining a bloated
public service and accumulating a large foreign debt. Subsequent
reforms, including the sale of state assets, the strengthening of
economic management, the encouragement of tourism, and a debt
restructuring agreement, have rekindled investment and growth.
GDP (purchasing power parity):
$105 million (2001 est.)
GDP - real growth rate:
7.1% (2001 est.)
GDP - per capita:
purchasing power parity - $5,000 (2001 est.)
GDP - composition by sector: agriculture: 17% industry: 7.8% services: 75.2% (2000 est.)
Labor force: 8,000 (1996)
Labor force - by occupation: agriculture 29%, industry 15%, services 56% note: shortage of skilled labor (1995)
Unemployment rate:
13% (1996)
Population below poverty line:
NA
Household income or consumption by percentage share:
lowest 10%: NA
highest 10%: NA
Inflation rate (consumer prices):
3.2% (2000 est.)
Budget:
revenues: $28 million
expenditures: $27 million, including capital expenditures of $3.3
million (FY00/01 est.)
Agriculture - products: copra, citrus, pineapples, tomatoes, beans, pawpaws, bananas, yams, taro, coffee; pigs, poultry
Industries:
fruit processing, tourism, fishing, clothing, handicrafts
Industrial production growth rate:
1% (2002)
Electricity - production:
27 million kWh (2002)
Electricity - production by source: fossil fuel: 100% hydro: 0% nuclear: 0% other: 0% (2001)
Electricity - consumption:
25.11 million kWh (2002)
Electricity - exports:
0 kWh (2002)
Electricity - imports:
0 kWh (2002)
Oil - production:
0 bbl/day (2001 est.)
Oil - consumption:
450 bbl/day (2001 est.)
Oil - exports:
NA
Oil - imports:
NA
Exports:
$9.1 million (2000)
Exports - commodities:
copra, papayas, fresh and canned citrus fruit, coffee; fish; pearls
and pearl shells; clothing
Exports - partners:
Australia 34%, Japan 27%, New Zealand 25%, US 8% (2000)
Imports:
$50.7 million (2000)
Imports - commodities:
foodstuffs, textiles, fuels, timber, capital goods
Imports - partners:
New Zealand 61%, Fiji 19%, US 9%, Australia 6%, Japan 2% (2000)
Debt - external:
$141 million (1996 est.)
Economic aid - recipient:
$13.1 million; note - New Zealand continues to furnish the greater
part (1995)
Currency (code):
New Zealand dollar (NZD)
Currency code:
NZD
Exchange rates:
New Zealand dollars per US dollar - 1.5087 (2004), 1.7221 (2003),
2.1622 (2002), 2.3788 (2001), 2.2012 (2000)
Fiscal year:
1 April - 31 March
Communications Cook Islands
Telephones - main lines in use:
6,200 (2002)
Telephones - mobile cellular:
1,500 (2002)
Telephone system:
general assessment: Telecom Cook Islands offers international
direct dialing, Internet, email, fax, and Telex
domestic: the individual islands are connected by a combination of
satellite earth stations, microwave systems, and VHF and HF
radiotelephone; within the islands, service is provided by small
exchanges connected to subscribers by open-wire, cable, and
fiber-optic cable
international: country code - 682; satellite earth station - 1
Intelsat (Pacific Ocean)
Radio broadcast stations:
AM 1, FM 1, shortwave 0 (2004)
Radios:
14,000 (1997)
Television broadcast stations:
1 (outer islands receive satellite broadcasts) (2004)
Televisions:
4,000 (1997)
Internet country code:
.ck
Internet Service Providers (ISPs):
3 (2000)
Internet users:
3,600 (2002)
Transportation Cook Islands
Highways: total: 320 km paved: 33 km unpaved: 287 km (2000)
Ports and harbors:
Avatiu
Merchant marine:
total: 1 ships (1,000 GRT or over) 4,074 GRT/7,520 DWT
by type: petroleum tanker 1 (2005)
Airports:
9 (2004 est.)
Airports - with paved runways:
total: 2
1,524 to 2,437 m: 2 (2004 est.)
Airports - with unpaved runways:
total: 7
1,524 to 2,437 m: 2
914 to 1,523 m: 4
under 914 m: 1 (2004 est.)
Military Cook Islands
Military branches:
no regular military forces; Ministry of Police and Disaster
Management (2004)
Military - note:
defense is the responsibility