Abstract and Figures. Selected Countries and Economies. de la Paix, 1211 Geneva 10 This is the first release of Cook Islands GDP using2016 as the new base year for constant prices and the new benchmark year for current prices. Prior to this, the base year for constant price GDP estimates was 2006. Due to the rebase process, revisions have been made therefore, previous publications may differ to what is provided in this release. Country. World Health Organization, Global Health Estimates, https://www.who.int/data/gho/data/themes/mortality-and-global-health-estimates/ghe-life-expectancy-and-healthy-life-expectancy, https://www.who.int/data/gho/data/themes/mortality-and-global-health-estimates/ghe-leading-causes-of-death. Cook Islands GDP PER CAPITA (USD) 2020 24,913 POPULATION (2020) 15,281 OBJECTIVE 1: Land, agriculture, forestry and genetic resources are sustainable managed/ A total of 18 taro lines from Cook Islands were identified for inclusion in CePaCT collections. Trade between the two countries is at an all-time high, yet signs point to decoupling. WebEconomic indicators (a)2014 2015 2016 2017 2018 2019 GDP (US$b) (current prices) 319.5 302.2 309.9 346.0 na na GDP per capita (US$) 17,267.8 16,159.0 18,226.9 20,354.3 na na 1) All traded products at HS 6 digits are considered for this computation. It measures the uniform tariff equivalent of the country tariff and non-tariff barriers (NTB) that would generate the same level of import value for the country in a given year. I suggest the category of high income should be based on the common defintion of first world country by people interested in public policy. The main aggregates in the database include Gross Domestic Product (GDP) by type of expenditure and Gross Value Added by kind of economic activity, both at current and at constant market prices. 1) Product 'Total' is used for this computation. The Cook Islands remained free of further European contact until the 1760s, and in 1773, British explorer James COOK saw Manuae in the southern Cook Islands. Old and new conflicts, the pandemic and our political and cultural polarization are the main culprits. Population (proj., 000) 2016: 21 : Pop. The Maori name has not yet been determined. The GDP in the Cook Islands was US$82 million in 2000 and the country enjoys one of the highest GDPs per capita in the South Pacific region. Tariffs can be based on the Applied tariffs, which takes into account the bilateral trade preferences, The ad valorem equivalent of NTB were estimated by Kee, Nicita and Olarreaga (EJ, 2009), The OTRI captures the trade policy distortions that each country imposes on its import bundle. WebView the change in real GDP per Capita in Cook Islands for the latest year. Oceania, group of islands in the South Pacific Ocean, about halfway between Hawaii and New Zealand, total: 236 sq kmland: 236 sq kmwater: 0 sq km, territorial sea: 12 nmexclusive economic zone: 200 nmcontinental shelf: 200 nm or to the edge of the continental margin, tropical oceanic; moderated by trade winds; a dry season from April to November and a more humid season from December to March, low coral atolls in north; volcanic, hilly islands in south, highest point: Te Manga 652 mlowest point: Pacific Ocean 0 m, agricultural land: 8.4% (2018 est. All rights Reserved. The Key Indicators for Asia and the Pacific publication presents data regarding the economic, financial, social, and environmental situations in a broad range of countries across the region. Data are in current U.S. dollars. ), Intentional homicide rate (per 100 000 pop. In 1888, Queen MAKEA TAKAU of Rarotonga formally petitioned for protectorate status, which the UK reluctantly agreed to. (NA) WebGDP - per capita (PPP) compares GDP on a purchasing power parity basis divided by population as of 1 July for the same year. The top five countries to which Cook Islands exported Prior to European contact, there was considerable travel and trade between inhabitants of the different islands and atolls but they were not united in a single political entity. )transmission/distribution losses: 3 million kWh (2019 est. It also contains Gross National Income (GNI) at current prices and analytical indicators and ratios that reflect economic structure and trends of countries and areas. ), production: 0 cubic meters (2021 est. $9,100 (2005 est.) Number of countries to whom a particular country exports data in any given year. %), Agricultural production index (2004-2006=100), Japan (58.1), China (16.1), United States (6.5), New Zealand (77.1), Fiji (10.0), Australia (5.3), Population growth rate (average annual %), Urban population growth rate (average annual %), Fertility rate, total (live births per woman), Life expectancy at birth (females/males, years), Total dependency ratio (Pop. National Statistical Office of Norway Cook Islands - Area profile up by 48.1 per cent, mainly due to the increase in the number of visitor arrivals into the country. Country. Pukapuka and Penrhyn in the northern Cook Islands were settled directly from Samoa. 2005 prices), Economy: Services and other activity (% of GVA), Employment: Services and other (% of employed), Labour force participation (female/male pop. )exports: 0 metric tons (2020 est. )geothermal: 0% of total installed capacity (2020 est. https://data.unicef.org/topic/child-protection/birth-registration/, https://unstats.un.org/unsd/demographic-social/crvs/, United Nations Statistics Division, 2022, Quality of vital statistics obtained from civil registration page on the United Nations Demographic Yearbook Vital Statistics Questionnaire, For further information, please visit https://www.who.int/about/policies/publishing/copyright. WebGDP per capita, PPP (current international $) GDP per capita (current LCU) GDP per capita, PPP (constant 2017 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. )exports: 0 cubic meters (2021 est. Global Finance presents this years best sustainable finance global winners. English . WebMerchandise Trade statistics data for Cook Islands (COK) including exports and imports, applied tariffs, top exporting and importing countries, effectively applied and MFN tariff As in many other South Pacific nations, the Cook Islands's economy is hindered by the country's isolation from foreign markets, lack of natural resources aside from fish, periodic devastation from natural disasters, and inadequate infrastructure. Economic opportunities in the Cook Islands are sparse, and more Cook Islanders live in New Zealand than in the Cook Islands.In a referendum in 1994, voters chose to keep the name Cook Islands rather than changing to a Maori name for the islands. The rankings are determined by sorting the aggregate distance to frontier scores on 10 topics, each consisting of several indicators, giving equal weight to each topic. WebThese analytical indicators are: annual per capita GDP and GNI (calculated using actual population or annual population estimates from the UN Population Division); annual growth WebGDP - real growth rate 1% GDP Per Capita $0.00 (USD) Unemployment Rate 60% Fiscal Year 1 July - 30 June Annual Budget $0 (USD) Major Industries copra products, tourism Agriculture Products vegetables, bananas, pawpaws, coconuts Exchange Rate per US Dollar 1.352 Its contents are based on the official data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information. The Cook Islands developed an offshore financial services industry in the early 1980s. WebCook Islands. Banks in the Cook Islands are regulated under the Banking Act 2011. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. GDP contracted by 29.1% with accommodation falling by 81.3% and travel by 65.1%. Please help update this article to reflect recent events or newly available information. Trade deficits are made up for by remittances from emigrants and by foreign aid, overwhelmingly from New Zealand. WebPopulation below poverty line 28.4% of the population lives below the national poverty line. )subscriptions per 100 inhabitants: 15 (2018 est. WHO supports open access to the published output of its activities as a fundamental part of its mission and a public benefit to be encouraged wherever possible. ADB Data Library | Asian Development Bank, Publication: Asian Development Outlook (ADO) Series, Publication: ADB and the Cook Islands - Fact Sheet. Av. Most Recent Year. Communications to Suwarrow is via HF radio. 15-64), International migrant stock (000/% of total pop. ), production: 0 metric tons (2020 est. Copyright 2014 The Asian Development Bank (ADB) is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Regional groupings and country classifications. ), 12.34 births/1,000 population (2023 est. Spanish navigators were the first Europeans to spot the northern Cook Islands in 1595 followed by the first landing in 1606. 2021. Changing the pivot column will reset the column selection and sort order. American Samoa gdp per capita for 2021 was $15,743, a 1.56% increase from 2020. WebExcluding Niue, shown separately, which is part of Cook Islands, but because of remoteness is administered separately. )proven reserves: 0 metric tons (2019 est. http://data.un.org/, United States Virgin Islands - Area profile Excluding Niue, shown separately, which is part of Cook Islands, but because of remoteness is administered separately. )solar: 30% of total installed capacity (2020 est. Classeditori, Gross domestic expenditure on R&D; (% of GDP), Public debt (General government gross debt as a % of GDP), Public deficit (General government net lending/borrowing as a % of GDP), Current account balance by percentage of GDP, Exports as percent of GDP (Exports of goods and services), Shares in world total merchandising export, Shares in world total commercial services export, Value of cross-border M&A, by country of purchaser, Cross-border M&A deals worth over $3 billion completed in 2014, Cross-border M&A deals worth over $3 billion completed in 2015, Urban population as % of total population, % of population living on less than $3.10 a day, Inequality of wealth distribution (Gini index), Total telephone subscribers as % of population, Sustainable Finance Awards 2023: Global Winners, World's Most Peaceful Country 2023 Global Peace Index, In Conversation with sgeir Jnsson | Central Bank of Iceland, Features : Money Launderers Find Fewer Places to Hide, Related Archival Articles & Country Reports, CIA World Factbook / GDP - composition by sector, World Trade Organization / World Trade Statistical Review, CIA World Factbook / Exports - major partners, CIA World Factbook / Imports - major partners, United Nations Conference on Trade and Development (UNCTAD) - World Investment Report 2016, World Economic Forum / Global competitiveness ranking, CIA World Factbook / Population median age, CIA World Factbook / Population growth rate, View all The Cook Islands GDP and Economic Data content. WebEconomy: Cook Islands. CSV XML EXCEL. UNICEF, UNICEF global databases, 2022, based on DHS, MICS, other national surveys, censuses and vital registration systems. Footnote | Export Sort: Alphabetically | Ascending Rank | Descending Rank WebWhat is the GDP per capita ppp of The Cook Islands? They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. Sustainable Development Goals: Cook Islands, Headquarters: 6 ADB Avenue, Mandaluyong City 1550, Metro Manila, WebGDP per capita of Somalia. na - Data is not available. ), agriculture: 5.1% (2010 est. )subscriptions per 100 inhabitants: 100 (2021 est. Economic Policy & Debt: National accounts: Atlas GNI & GNI per capita, Difference between Exports of goods and services (current US$) and Imports of goods and services (current US$), Indicator codes: NE.EXP.GNFS.CD, NE.IMP.GNFS.CD, Difference between Exports of goods and services (% of GDP) and Imports of goods and services (% of GDP), Indicator codes: NE.EXP.GNFS.ZS, NE.IMP.GNFS.ZS. The Cook Islands Government spends more than 40 per cent of gross domestic product (GDP). Latest trade data available from various sources. )male: 27.7% (2020 est. 6 ADB Avenue, Mandaluyong City 1550, Metro Manila, Philippines. Country. )from consumed natural gas: 0 metric tonnes of CO2 (2019 est. ), total subscriptions: 7,000 (2021 est. Census & Surveys. More Information about National Accounts. )from petroleum and other liquids: 114,000 metric tonnes of CO2 (2019 est. American Samoa gdp per capita for 2019 was $13,673, a 3.61% increase from 2018. )imports: 0 metric tons (2020 est. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. So about $30,000. It consists of a complete and consistent set of time series, from 1970 onwards, of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. Total population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship. Civil registration and vital statistics (CRVS) systems register births and deaths in a country, issue birth and death certificates, and compile and disseminate vital statistics. National Accounts Estimates of Main Aggregates. na - Data is not available. Latest trade data available from various sources. WebGDP - Gross Domestic Product. CSV XML EXCEL. For more information click, Number of products at HS 6 digit level that are affected in a particular year. WebThe Cook Islands real gross domestic product (GDP) grew by 4.5 percent per annum during 1982-1994, while the real GDP per capita growth rate was 3.6 percent. GDP per capita is gross domestic product divided by midyear population. Web6. Articles may be republished without alteration with the attribution statement This article was first published by the Asian Development Bank (www.adb.org)" and a clickable link back to adb.org. WebCook Islands GDP per capita , in current US$ 2015-2019 Country / Region Cook Islands Year / Range 2015-2019 Indicator GDP per capita (current US$) Please note the exports, CSV XML EXCEL. WebGDP Per Capita in Cook Islands compared to Pacific This table was last updated in November 2022. The latest available economic data for the Cook Islands compared to countries in the Pacific. )imports: 0 kWh (2020 est. WebThis is the first release of Cook Islands GDP using 2016 as the new base year for constant prices and the new benchmark year for current prices. )note: Data are in current year dollars and do not include illicit exports or re-exports. Growth competitiveness. ), -26.2 migrant(s)/1,000 population (2023 est. Global Finance Magazine. The information collected for the GDP Per Capita (PPP) of The Cook Islands has been obtained from the Central Intelligence Agency. ), 0-14 years: 18.43% (male 766/female 697)15-64 years: 66.23% (male 2,713/female 2,545)65 years and over: 15.34% (2023 est.) Please check the, Latest trade data available from various sources, The data from various sources are not from the same year, For viewing trade, tariff data for country or region by year click here, Overall Trade Restrictiveness Index (OTRI), Country Policy and Institutional Assessment (CPIA), Services Service Policy Restrictive Database (SPRD). 1) Mirror Exports is considered for export data 2) All Countries except World and EUN are considered as partner group 3) Product 'Total' is used for this computation 4) The indicator is computed at reporter-partner level and aggregated to reporter level. The former Yugoslav Republic of Macedonia, United States Virgin Islands - Area profile, Australia - Australian Bureau of Statistics, GDP: Gross domestic product (million current US$), GDP growth rate (annual %, const. Trade assesses how the policy framework fosters trade in goods. ), fossil fuels: 70% of total installed capacity (2020 est. Pacific Community Membership About PICTs - Pacific Community Membership. 1980 . After a period of slow or negative growth, real GDP has expanded rapidly in recent years. US$384 million (not ranked) Per capita. Real GDP per capita. )industry: 12.7% (2010 est. The latest available economic data for Cook Islands: GDP growth, GDP per capita, inflation rates, and current account balance. The latest selected statistical data on poverty and socioeconomic development in Cook Islands. . WebIn 2021, GDP per capita for Eritrea was 611 US dollars. The Cook Islands also has a well established international financial services industry, which was innovative in its own right for setting up trusts in the 1980s, but has since been overtaken by financial developments in the rest of the world. WebThe Pitcairn Islands are a group of four volcanic islands in the southern Pacific Ocean that form the sole British Overseas Territory in the South Pacific. ), number of registered air carriers: 1 (2020)inventory of registered aircraft operated by air carriers: 6, 1note: paved runways have a concrete or asphalt surface but not all have facilities for refueling, maintenance, or air traffic control; the length of a runway required for aircraft to safely operate depends on a number of factors including the type of aircraft, the takeoff weight (including passengers, cargo, and fuel), engine types, flap settings, landing speed, elevation of the airport, and average maximum daily air temperature; paved runways can reach a length of 5,000 m (16,000 ft.), but the typical length of a commercial airline runway is between 2,500-4,000 m (8,000-13,000 ft.), 10note: unpaved runways have a surface composition such as grass or packed earth and are most suited to the operation of light aircraft; unpaved runways are usually short, often less than 1,000 m (3,280 ft.) in length; airports with unpaved runways often lack facilities for refueling, maintenance, or air traffic control, total: 295 km (2018)paved: 207 km (2018)unpaved: 88 km (2018), total: 189by type: bulk carrier 20, general cargo 53, oil tanker 51, other 65 (2022), no regular military forces; Cook Islands Police Service, defense is the responsibility of New Zealand in consultation with the Cook Islands and at its requestthe Cook Islands have a "shiprider" agreement with the US, which allows local maritime law enforcement officers to embark on US Coast Guard (USCG) and US Navy (USN) vessels, including to board and search vessels suspected of violating laws or regulations within its designated exclusive economic zone (EEZ) or on the high seas; "shiprider" agreements also enable USCG personnel and USN vessels with embarked USCG law enforcement personnel to work with host nations to protect critical regional resources (2022), total population growth rate v. urban population growth rate, 2000-2030, Children under the age of 5 years underweight, School life expectancy (primary to tertiary education), International law organization participation, Household income or consumption by percentage share, Civil aircraft registration country code prefix, Center for the Study of Intelligence (CSI). It assists its members and partners by providing loans, technical assistance, grants, and equity investments to promote social and economic development. )exports: 0 kWh (2020 est. 2011 along with the partner share in percentage are: The top five countries to which Cook Islands imported goods American Samoa gdp per capita for 2020 was $15,502, a 13.38% increase from 2019. It's ranking among other countries is 111. WebZealand and Australia remain very important to the economy. Answer: The GDP per capita ppp of The Cook Islands is $9,100. http://data.un.org/, Norway - Country profile The latest available economic data for Cook Islands: GDP growth, inflation rates, and GDP per capita. Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about The Cook Islands economic outlook, debt to GDP ratio, international trade performance and population trends. Title: Cook Island economic and Economic Policy & Debt: National accounts: US$ at current prices: Aggregate indicators. The Cook Islands Travel. Data are in current U.S. dollars. Government of the Cook Islands. Subscribe to ADB's Newsletter, e-Alerts and RSS feeds. Please note: )from coal and metallurgical coke: 0 metric tonnes of CO2 (2019 est.
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