is
annually made up for by remittances from emigrants and from foreign aid.
Current economic development plans call for exploiting the tourism potential
and expanding the fishing industry.
GDP:
exchange rate conversion - $40.0 million, per capita $2,200 (1988 est.);
real growth rate 5.3% (1986-88 est.)
Inflation rate (consumer prices):
8.0% (1988)
Unemployment rate:
NA%
Budget:
revenues $33.8 million; expenditures $34.4 million, including capital
expenditures of $NA (1990 est.)
Exports:
$4.0 million (f.o.b., 1988)
commodities:
copra, fresh and canned fruit, clothing
partners:
NZ 80%, Japan
Imports:
$38.7 million (c.i.f., 1988)
commodities:
foodstuffs, textiles, fuels, timber
partners:
NZ 49%, Japan, Australia, US
External debt:
$NA
Industrial production:
growth rate NA%
Electricity:
14,000 kW capacity; 21 million kWh produced, 1,170 kWh per capita (1990)
Industries:
fruit processing, tourism
Agriculture:
export crops - copra, citrus fruits, pineapples, tomatoes, bananas;
subsistence crops - yams, taro
Economic aid:
Western (non-US) countries, ODA and OOF bilateral commitments (1970-89),
$128 million
Currency:
New Zealand dollar (plural - dollars); 1 New Zealand dollar (NZ$) = 100
cents
Exchange rates:
New Zealand dollars (NZ$) per US$1 - 1.8502 (January 1992), 1.7266 (1991),
1.6750 (1990), 1.6711 (1989), 1.5244 (1988), 1.6886 (1987)
Fiscal year:
1 April - 31 March
:Cook Islands Communications
Highways:
187 km total (1980); 35 km paved, 35 km gravel, 84 km improved earth, 33 km
unimproved earth
Ports:
Avatiu
Merchant marine:
1 cargo ship (1,000 or over) totaling 1,464 GRT/2,181 DWT
Civil air:
no major transport aircraft
Airports:
6 total, 6 usable; 1 with permanent-surface runways; none with runways over
2,439 m; 4 with runways 1,220-2,439 m
Telecommunications:
broadcast stations - 2 AM, no FM, no TV; 10,000 radio receivers; 2,052
telephones; 1 Pacific Ocean INTELSAT earth station
:Cook Islands Defense Forces
Note: defense is the responsibility of New Zealand
:Coral Sea Islands Geography
Total area:
less than 3 km2
Land area:
less than 3 km2; includes numerous small islands and reefs scattered over a
sea area of about 1 million km2, with Willis Islets the most important
Comparative area:
undetermined
Land boundaries:
none
Coastline:
3,095 km
Maritime claims:
Exclusive fishing zone:
200 nm
Territorial sea:
3 nm
Disputes:
none
Climate:
tropical
Terrain:
sand and coral reefs and islands (or cays)
Natural resources:
negligible
Land use:
arable land 0%; permanent crops 0%; meadows and pastures 0%; forest and
woodland 0%; other, mostly grass or scrub cover 100%; Lihou Reef Reserve and
Coringa-Herald Reserve were declared National Nature Reserves on 3 August
1982
Environment:
subject to occasional tropical cyclones; no permanent fresh water; important
nesting area for birds and turtles
Note:
the islands are located just off the northeast coast of Australia in the
Coral Sea
:Coral Sea Islands People
Population: 3 meteorologists (1992)
:Coral Sea Islands Government
Long-form name:
Coral Sea Islands Territory
Type:
territory of Australia administered by the Minister for Arts, Sport, the
Environment, Tourism, and Territories Roslyn KELLY
Capital:
none; administered from Canberra, Australia
Flag:
the flag of Australia is used
:Coral Sea Islands Economy
Overview: no economic activity
:Coral Sea Islands Communications
Ports: none; offshore anchorages only
:Coral Sea Islands Defense Forces
Note:
defense is the responsibility of Australia; visited regularly by the Royal
Australian Navy; Australia has control over the activities of visitors
:Costa Rica Geography
Total area:
51,100 km2
Land area:
50,660 km2; includes Isla del Coco
Comparative area:
slightly smaller than West Virginia
Land boundaries:
639 km; Nicaragua 309 km, Panama 330 km
Coastline:
1,290 km
Maritime claims:
Continental shelf:
200 nm
Exclusive economic zone:
200 nm
Territorial sea:
12 nm