Cook Islands - Economy
How is the economy of Cook Islands? Based on the information we have, Cook Islands has a high-income self-governing New Zealand territorial economy; tourism-based activity but diversifying; severely curtailed by COVID-19 pandemic; copra and tropical fruit exporter; Asian Development Bank aid recipient. Key agricultural products in this country include: coconuts, vegetables, papayas, pork, sweet potatoes, tomatoes, fruits, mangoes/guavas, watermelons, eggs (2022).
More about the economy of Cook Islands
Labor force
Industrial production growth rate
Industries fishing, fruit processing, tourism, clothing, handicrafts
Population below poverty line
Taxes and other revenues
Fiscal year
Exchange rates
Currency New Zealand dollars (NZD) per US dollar -
Exchange rates 2023 1.628 (2023 est.)
Exchange rates 2022 1.577 (2022 est.)
Exchange rates 2021 1.414 (2021 est.)
Exchange rates 2020 1.542 (2020 est.)
Exchange rates 2019 1.518 (2019 est.)
Budget
Revenues $113.674 million (2022 est.)
Expenditures $129.088 million (2022 est.)
Budget surplus (+) or deficit (-)
Imports
Imports 2021 $215 million (2021 est.)
Imports (partners) NZ 51%, Italy 18%, Fiji 11%, China 7%, Australia 3% (2022)
Comodities Imports force refined petroleum, ships, cars, plastic products, other foods (2022)
Exports
Imports 2021 $215 million (2021 est.)
Exports (partners) Japan 42%, France 27%, Thailand 12%, US 4%, Italy 3% (2022)
Comodities Exports force fish, ships, surveying equipment, sports equipment, garments (2022)
Real GDP (purchasing power parity)
Real GDP (purchasing power parity) 2022 $266 million (2022 est.)
Real GDP (purchasing power parity) 2021 $257 million (2021 est.)
Real GDP (purchasing power parity) 2020 $287 million (2020 est.)
GDP (official exchange rate) $336 million (2022 est.)
Real GDP Per capita
Real GDP per capita 2022 $15,600 (2022 est.)
Real GDP per capita 2021 $15,100 (2021 est.)
Real GDP per capita 2020 $16,800 (2020 est.)
All Important Facts about Cook Islands

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Cook Islands is found in Polynesia