1007:
24:
161:-.05% (2005); -1.2% (2014); -1.7% (2013). Growth in the Cook Islands has slowed due to a lack of infrastructure projects and accommodation capacity constraints in the tourism sector. Cook Islands economic activity is expected to be flat in FY2016; to grow by 0.2% in FY2017. Inflation 1.8% (FY2016); 2.0% (FY2017). Statistics Asian Development Bank
488:
Ltd (60%) and the Cook
Islands Government (40%). In operation since July 1991, TCI provides local, national and international telecommunications as well as internet access on all islands except Suwarrow. Communications to Suwarrow is via
84:. Efforts to exploit tourism potential, encourage offshore banking, and expand the mining and fishing industries have been partially successful in stimulating investment and growth.
116:
643:
73:'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
688:
115:. In 2002 it was delisted after it agreed to fiscal transparency and to exchange tax information. Allegations of being a tax haven re-emerged in 2013 following the
1352:
1118:
955:
1027:
1282:
786:
764:
103:
The Cook
Islands developed an offshore financial services industry in the early 1980s. Allegations that New Zealand-based companies were using it as a
464:
New
Zealand dollars (NZ$ ) per US$ 1 - 1.4203 (2005), 1.9451 (January 2000), 1.8886 (1999), 1.8632 (1998), 1.5083 (1997), 1.4543 (1996), 1.5235 (1995)
1503:
1324:
621:
742:
665:
1468:
1159:
1098:
1539:
1178:
1088:
1225:
1123:
1047:
1042:
1037:
948:
599:
122:. Trusts incorporated in the Cook Islands are used to provide anonymity and asset-protection. The Cook Islands also featured in the
97:
1251:
1200:
697:
1508:
1367:
1113:
1205:
1164:
1093:
1015:
809:
720:
574:
1518:
1108:
1071:
941:
1478:
1458:
1387:
1317:
1275:
1195:
1083:
1032:
973:
831:
856:
1397:
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1453:
1230:
1215:
1128:
1493:
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1006:
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484:
Ltd (TCI) is the sole provider of telecommunications in the Cook
Islands. TCI is a private company owned by
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1310:
1220:
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1057:
1052:
1190:
62:
and citrus fruit. Manufacturing activities are limited to fruit-processing, clothing and handicrafts.
1347:
986:
481:
193:
28.4% of the population lives below the national poverty line. Statistics 2016 Asian
Development Bank
80:
Trade deficits are made up for by remittances from emigrants and by foreign aid, overwhelmingly from
1362:
138:
1513:
1412:
1333:
928:
249:
Expenditures: $ 69.05 million; including capital expenditures of $ 5.744 million (FY00/01 est.)
1488:
1407:
485:
400:
Copra, papayas, fresh and canned citrus fruit, coffee; fish; pearls and pearl shells; clothing
1402:
1392:
1382:
1372:
996:
696:
1483:
1435:
1357:
366:
127:
108:
900:
37:
Please help update this article to reflect recent events or newly available information.
1103:
644:"New Zealand Minister says Cook Islands links in alleged tax havens to be investigated"
131:
119:
74:
1533:
1246:
123:
964:
510:
70:
81:
567:
981:
765:"Paradise papers: The Cook Islands millionaire who never has to pay his debts"
880:
111:
in New
Zealand in the 1990s, and in 2000 it was listed as a tax haven by the
346:
104:
66:
835:
622:"Cook Islands: Cook Islands To Be Removed from OECD List Of "Tax Havens""
490:
59:
933:
141:
has been executive director of the Bank of the Cook
Islands since 2008.
382:
857:"UNdata | record view | Per capita GDP at current prices - US dollars"
1302:
374:
362:
358:
350:
342:
448:$ 13.1 million (1995); note - New Zealand furnishes the greater part
338:
370:
354:
112:
1306:
937:
432:
New
Zealand 61%, Fiji 19%, US 9%, Australia 6%, Japan 2% (2004)
787:"Major leak of offshore data exposes Raro based Trust company"
378:
17:
58:
is based mainly on tourism, with minor exports made up of
261:
Fruit processing, tourism, fishing, clothing, handicrafts
881:"Consumer Price Index | Cook Islands Statistics Office"
743:"Files from four Pacific registries in Paradise Papers"
666:"Cooks defends trust regulations amid tax haven debate"
408:
Australia 34%, Japan 27%, New
Zealand 25%, US 8% (2004)
600:"Cook Islands to co-operate with OECD tax haven work"
155:
Purchasing power parity - $ 183.2 million (2005 est.)
117:
International
Consortium of Investigative Journalists
1444:
1421:
1340:
1239:
1177:
1141:
1070:
1014:
972:
721:"Cooks To Investigate Those Named In Panama Papers"
196:
Household income or consumption by percentage share
96:. Banks must be licensed and are supervised by the
424:Foodstuffs, textiles, fuels, timber, capital goods
232:Agriculture 29%, industry 15%, services 56% (1995)
92:Banks in the Cook Islands are regulated under the
689:"Cook Islands, a Paradise of Untouchable Assets"
1318:
949:
98:Cook Islands Financial Supervisory Commission
8:
767:. Australian Financial Review. 25 March 2018
1325:
1311:
1303:
1183:
1147:
1076:
1020:
956:
942:
934:
810:"Cooks defend offshore services industry"
546:"Money trail leads home to New Zealand"
502:
456:1 New Zealand dollar (NZ$ ) = 100 cents
808:Caleb Fotheringham (9 October 2021).
723:. Pacific Islands Report. 18 May 2016
7:
789:. Cook Islands News. 5 October 2021
330:400 bbl/d (64 m/d) (2003)
280:Electricity - production by source
14:
687:Leslie Wayne (14 December 2013).
568:"Towards Global Tax Co-operation"
264:Industrial production growth rate
1005:
211:Inflation rate (consumer prices)
22:
580:from the original on 2015-09-06
1353:Federated States of Micronesia
1:
188:Population below poverty line
901:"Poverty Data: Cook Islands"
834:. 2021-10-02. Archived from
544:Nicky Hager (7 April 2013).
1540:Economy of the Cook Islands
227:Labor force - by occupation
170:GDP - composition by sector
56:economy of the Cook Islands
1556:
513:. PACLII. 13 December 2011
246:Revenues: $ 70.95 million
1269:
1186:
1150:
1079:
1023:
1003:
440:$ 141 million (1996 est.)
301:Electricity - consumption
31:This article needs to be
1504:Northern Mariana Islands
1028:Administrative divisions
929:CIA World Factbook, 2006
443:Economic aid - recipient
272:Electricity - production
1469:Cocos (Keeling) Islands
992:Cook Islands Federation
1129:Queen's Representative
745:. RNZ. 6 November 2017
624:. Mondaq. 10 June 2002
472:1 April–31 March
416:$ 81.04 million (2005)
392:$ 5.222 million (2005)
333:Agriculture - products
181:Services: 75.3% (2000)
158:GDP - real growth rate
1447:and other territories
419:Imports - commodities
395:Exports - commodities
317:Electricity - imports
309:Electricity - exports
306:34.46 GW·h (2005 est)
987:Kingdom of Rarotonga
602:. IRD. 28 March 2002
482:Telecom Cook Islands
1334:Economy of Oceania
812:. Cook Islands News
668:. RNZ. 9 April 2013
646:. RNZ. 8 April 2013
145:Economic statistics
139:Vaine Nooana-Arioka
88:Banking and finance
1191:Cook Islands Māori
1160:Telecommunications
1048:Towns and villages
511:"Banking Act 2011"
477:Telecommunications
427:Imports - partners
403:Exports - partners
175:Agriculture: 78.9%
1527:
1526:
1519:Wallis and Futuna
1464:Clipperton Island
1422:Associated states
1300:
1299:
1265:
1264:
1173:
1172:
1137:
1136:
1119:Political parties
1099:Foreign relations
1066:
1065:
486:Spark New Zealand
285:Fossil fuel: 100%
235:Unemployment rate
134:financial leaks.
65:As in many other
52:
51:
1547:
1509:Pitcairn Islands
1479:French Polynesia
1459:Christmas Island
1388:Papua New Guinea
1368:Marshall Islands
1341:Sovereign states
1327:
1320:
1313:
1304:
1285:
1278:
1184:
1148:
1077:
1021:
1009:
997:Free association
958:
951:
944:
935:
916:
915:
913:
912:
897:
891:
890:
888:
887:
877:
871:
870:
868:
867:
853:
847:
846:
844:
843:
828:
822:
821:
819:
817:
805:
799:
798:
796:
794:
783:
777:
776:
774:
772:
761:
755:
754:
752:
750:
739:
733:
732:
730:
728:
717:
711:
710:
708:
706:
700:
695:. Archived from
684:
678:
677:
675:
673:
662:
656:
655:
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651:
640:
634:
633:
631:
629:
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585:
579:
572:
564:
558:
557:
555:
553:
541:
535:
532:Banking Act 2011
529:
523:
522:
520:
518:
507:
294:Other: 0% (2001)
216:4.2% (2024 est.)
204:Highest 10%: NA%
164:GDP - per capita
94:Banking Act 2011
47:
44:
38:
26:
25:
18:
1555:
1554:
1550:
1549:
1548:
1546:
1545:
1544:
1530:
1529:
1528:
1523:
1446:
1440:
1423:
1417:
1398:Solomon Islands
1336:
1331:
1301:
1296:
1288:
1281:
1274:
1261:
1235:
1226:Public holidays
1169:
1133:
1062:
1010:
1001:
968:
962:
925:
920:
919:
910:
908:
899:
898:
894:
885:
883:
879:
878:
874:
865:
863:
855:
854:
850:
841:
839:
830:
829:
825:
815:
813:
807:
806:
802:
792:
790:
785:
784:
780:
770:
768:
763:
762:
758:
748:
746:
741:
740:
736:
726:
724:
719:
718:
714:
704:
702:
686:
685:
681:
671:
669:
664:
663:
659:
649:
647:
642:
641:
637:
627:
625:
620:
619:
615:
605:
603:
598:
597:
593:
583:
581:
577:
570:
566:
565:
561:
551:
549:
543:
542:
538:
530:
526:
516:
514:
509:
508:
504:
499:
479:
435:Debt - external
325:Oil consumption
201:Lowest 10%: NA%
167:$ 17,033 (2022)
147:
128:Paradise Papers
109:Winebox Inquiry
90:
48:
42:
39:
36:
27:
23:
12:
11:
5:
1553:
1551:
1543:
1542:
1532:
1531:
1525:
1524:
1522:
1521:
1516:
1511:
1506:
1501:
1499:Norfolk Island
1496:
1491:
1486:
1481:
1476:
1471:
1466:
1461:
1456:
1454:American Samoa
1450:
1448:
1442:
1441:
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1438:
1433:
1427:
1425:
1424:of New Zealand
1419:
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1405:
1400:
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1390:
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1380:
1375:
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1213:
1208:
1203:
1198:
1193:
1187:
1181:
1175:
1174:
1171:
1170:
1168:
1167:
1162:
1157:
1151:
1145:
1139:
1138:
1135:
1134:
1132:
1131:
1126:
1124:Prime Minister
1121:
1116:
1111:
1106:
1104:House of Ariki
1101:
1096:
1091:
1086:
1080:
1074:
1068:
1067:
1064:
1063:
1061:
1060:
1058:Southern chain
1055:
1053:Northern chain
1050:
1045:
1040:
1035:
1030:
1024:
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1004:
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967: articles
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923:External links
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872:
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832:"Our Managers"
823:
800:
778:
756:
734:
712:
693:New York Times
679:
657:
635:
613:
591:
573:. OECD. 2000.
559:
536:
524:
501:
500:
498:
495:
478:
475:
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473:
470:
468:
465:
462:
460:
459:Exchange rates
457:
454:
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449:
446:
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441:
438:
436:
433:
430:
428:
425:
422:
420:
417:
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336:
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312:
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307:
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289:
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281:
278:
277:28 GW·h (2003)
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197:
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179:
178:Industry: 9.6%
176:
171:
168:
165:
162:
159:
156:
153:
151:
146:
143:
132:Pandora Papers
120:Offshore Leaks
89:
86:
75:infrastructure
50:
49:
43:September 2022
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21:
13:
10:
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6:
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1500:
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1494:New Caledonia
1492:
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1487:
1485:
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1477:
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1474:Easter Island
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1199:
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1008:
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993:
990:
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985:
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979:
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930:
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922:
907:. 30 May 2024
906:
902:
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893:
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849:
838:on 2021-10-02
837:
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701:on 2022-01-01
699:
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661:
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623:
617:
614:
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537:
534:, section 17.
533:
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368:
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332:
329:
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324:
322:0 kW·h (2003)
321:
319:
316:
314:0 kW·h (2003)
313:
311:
308:
305:
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299:
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69:nations, the
68:
67:South Pacific
63:
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46:
34:
29:
20:
19:
16:
1445:Dependencies
1431:Cook Islands
1430:
1252:Coat of arms
1201:Demographics
1142:
965:Cook Islands
909:. Retrieved
904:
895:
884:. Retrieved
875:
864:. Retrieved
860:
851:
840:. Retrieved
836:the original
826:
814:. Retrieved
803:
791:. Retrieved
781:
769:. Retrieved
759:
747:. Retrieved
737:
725:. Retrieved
715:
703:. Retrieved
698:the original
692:
682:
670:. Retrieved
660:
648:. Retrieved
638:
626:. Retrieved
616:
604:. Retrieved
594:
582:. Retrieved
562:
550:. Retrieved
539:
531:
527:
515:. Retrieved
505:
480:
224:6,820 (2001)
136:
102:
93:
91:
79:
71:Cook Islands
64:
55:
53:
40:
32:
15:
1378:New Zealand
905:www.adb.org
861:data.un.org
467:Fiscal year
291:Nuclear: 0%
238:1.3% (2019)
219:Labor force
107:led to the
82:New Zealand
1211:Literature
1114:Parliament
982:James Cook
911:2024-05-27
886:2024-05-27
866:2024-05-27
842:2021-10-02
816:14 October
793:14 October
771:14 October
749:14 October
727:14 October
705:14 October
672:14 October
650:14 October
628:14 October
606:14 October
584:14 October
552:14 October
517:14 October
497:References
347:pineapples
256:Industries
137:Economist
1348:Australia
1206:Education
1165:Transport
1094:Elections
1016:Geography
288:Hydro: 0%
269:1% (2002)
105:tax haven
1534:Category
1363:Kiribati
1292:Category
1109:Monarchy
1072:Politics
575:Archived
491:HF radio
451:Currency
351:tomatoes
60:tropical
1514:Tokelau
1413:Vanuatu
1276:Outline
1240:Symbols
1196:Culture
1179:Society
1143:Economy
1084:Cabinet
1033:Climate
974:History
548:. Stuff
411:Imports
387:Exports
383:poultry
363:bananas
359:pawpaws
33:updated
1489:Hawaii
1408:Tuvalu
1247:Anthem
1231:Sports
1221:People
1155:Energy
1089:Chiefs
1043:Rivers
375:coffee
343:citrus
241:Budget
130:, and
1403:Tonga
1393:Samoa
1383:Palau
1373:Nauru
1283:Index
1216:Music
1038:Lakes
578:(PDF)
571:(PDF)
355:beans
339:Copra
1484:Guam
1436:Niue
1358:Fiji
1257:Flag
818:2021
795:2021
773:2021
751:2021
729:2021
707:2021
674:2021
652:2021
630:2021
608:2021
586:2021
554:2021
519:2021
379:pigs
371:taro
367:yams
113:OECD
54:The
150:GDP
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