Niue - Economy
How is the economy of Niue? Based on the information we have, Niue has a upper-middle-income self-governing New Zealand territorial economy; environmentally fragile; massive emigration; post-pandemic tourism rebound; postage stamps, small-scale agricultural processing, and subsistence farming; most recent Asian Development Bank member. Key agricultural products in this country include: coconuts, taro, fruits, sweet potatoes, tropical fruits, yams, vegetables, lemons/limes, bananas, pork (2023).
More about the economy of Niue
| Labor force | |
|---|---|
| Industrial production growth rate | |
| Industries | handicrafts, food processing |
| Population below poverty line | |
| Taxes and other revenues | |
| Fiscal year | |
| Exchange rates | |
| Currency | New Zealand dollars (NZD) per US dollar - |
| Exchange rates 2024 | 1.652 (2024 est.) |
| 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.) |
| Budget surplus (+) or deficit (-) | |
| Imports (partners) | NZ 87%, Fiji 6%, UAE 2%, Slovakia 1%, Australia 1% (2023) |
| Comodities Imports force | refined petroleum, plastic products, machine parts, construction vehicles, cars (2023) |
| Exports (partners) | USA 54%, Germany 8%, Canada 5%, UK 5%, Guatemala 4% (2023) |
| Comodities Exports force | abrasive powder, coin (2023) |
| Real GDP (purchasing power parity) | |
| Real GDP (purchasing power parity) 2021 | $18.7 million (2021 est.) |
| Real GDP (purchasing power parity) 2020 | $19.9 million (2020 est.) |
| Real GDP (purchasing power parity) 2019 | $20.9 million (2019 est.) |
| GDP (official exchange rate) | |
| Real GDP Per capita | |
| Real GDP per capita 2021 | $11,100 (2021 est.) |
| Real GDP per capita 2020 | $11,800 (2020 est.) |
| Real GDP per capita 2019 | $12,400 (2019 est.) |
All Important Facts about Niue
Want to know more about Niue? Check all different factbooks for Niue below.
