1018:
35:
172:-.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
499:
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
95:. Efforts to exploit tourism potential, encourage offshore banking, and expand the mining and fishing industries have been partially successful in stimulating investment and growth.
127:
654:
84:'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
699:
126:. 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
1363:
1129:
966:
1038:
1293:
797:
775:
114:
The Cook
Islands developed an offshore financial services industry in the early 1980s. Allegations that New Zealand-based companies were using it as a
475:
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)
1514:
1335:
632:
753:
676:
1479:
1170:
1109:
1550:
1189:
1099:
1236:
1134:
1058:
1053:
1048:
959:
610:
133:. Trusts incorporated in the Cook Islands are used to provide anonymity and asset-protection. The Cook Islands also featured in the
108:
1262:
1211:
708:
1519:
1378:
1124:
1216:
1175:
1104:
1026:
820:
731:
585:
1529:
1119:
1082:
952:
1489:
1469:
1398:
1328:
1286:
1206:
1094:
1043:
984:
842:
867:
1408:
1165:
1474:
556:
1509:
1464:
1241:
1226:
1139:
1504:
1267:
1017:
1484:
1221:
1002:
495:
Ltd (TCI) is the sole provider of telecommunications in the Cook
Islands. TCI is a private company owned by
1388:
1321:
1231:
1302:
1068:
1063:
1201:
73:
and citrus fruit. Manufacturing activities are limited to fruit-processing, clothing and handicrafts.
1358:
997:
492:
204:
28.4% of the population lives below the national poverty line. Statistics 2016 Asian
Development Bank
91:
Trade deficits are made up for by remittances from emigrants and by foreign aid, overwhelmingly from
1373:
149:
1524:
1423:
1344:
939:
260:
Expenditures: $ 69.05 million; including capital expenditures of $ 5.744 million (FY00/01 est.)
1499:
1418:
496:
411:
Copra, papayas, fresh and canned citrus fruit, coffee; fish; pearls and pearl shells; clothing
1413:
1403:
1393:
1383:
1007:
707:
1494:
1446:
1368:
377:
138:
119:
911:
48:
Please help update this article to reflect recent events or newly available information.
1114:
655:"New Zealand Minister says Cook Islands links in alleged tax havens to be investigated"
142:
130:
85:
1544:
1257:
134:
17:
975:
521:
81:
92:
578:
992:
776:"Paradise papers: The Cook Islands millionaire who never has to pay his debts"
891:
122:
in New
Zealand in the 1990s, and in 2000 it was listed as a tax haven by the
357:
115:
77:
846:
633:"Cook Islands: Cook Islands To Be Removed from OECD List Of "Tax Havens""
501:
70:
944:
152:
has been executive director of the Bank of the Cook
Islands since 2008.
393:
868:"UNdata | record view | Per capita GDP at current prices - US dollars"
1313:
385:
373:
369:
361:
353:
459:$ 13.1 million (1995); note - New Zealand furnishes the greater part
349:
381:
365:
123:
1317:
948:
443:
New
Zealand 61%, Fiji 19%, US 9%, Australia 6%, Japan 2% (2004)
798:"Major leak of offshore data exposes Raro based Trust company"
389:
28:
69:
is based mainly on tourism, with minor exports made up of
272:
Fruit processing, tourism, fishing, clothing, handicrafts
892:"Consumer Price Index | Cook Islands Statistics Office"
754:"Files from four Pacific registries in Paradise Papers"
677:"Cooks defends trust regulations amid tax haven debate"
419:
Australia 34%, Japan 27%, New
Zealand 25%, US 8% (2004)
611:"Cook Islands to co-operate with OECD tax haven work"
166:
Purchasing power parity - $ 183.2 million (2005 est.)
128:
International
Consortium of Investigative Journalists
1455:
1432:
1351:
1250:
1188:
1152:
1081:
1025:
983:
732:"Cooks To Investigate Those Named In Panama Papers"
207:
Household income or consumption by percentage share
107:. Banks must be licensed and are supervised by the
435:Foodstuffs, textiles, fuels, timber, capital goods
243:Agriculture 29%, industry 15%, services 56% (1995)
103:Banks in the Cook Islands are regulated under the
700:"Cook Islands, a Paradise of Untouchable Assets"
1329:
960:
109:Cook Islands Financial Supervisory Commission
8:
778:. Australian Financial Review. 25 March 2018
1336:
1322:
1314:
1194:
1158:
1087:
1031:
967:
953:
945:
821:"Cooks defend offshore services industry"
557:"Money trail leads home to New Zealand"
513:
467:1 New Zealand dollar (NZ$ ) = 100 cents
819:Caleb Fotheringham (9 October 2021).
734:. Pacific Islands Report. 18 May 2016
7:
800:. Cook Islands News. 5 October 2021
341:400 bbl/d (64 m/d) (2003)
291:Electricity - production by source
25:
698:Leslie Wayne (14 December 2013).
579:"Towards Global Tax Co-operation"
275:Industrial production growth rate
1016:
222:Inflation rate (consumer prices)
33:
591:from the original on 2015-09-06
1364:Federated States of Micronesia
1:
199:Population below poverty line
912:"Poverty Data: Cook Islands"
845:. 2021-10-02. Archived from
555:Nicky Hager (7 April 2013).
1551:Economy of the Cook Islands
238:Labor force - by occupation
181:GDP - composition by sector
67:economy of the Cook Islands
1567:
524:. PACLII. 13 December 2011
257:Revenues: $ 70.95 million
1280:
1197:
1161:
1090:
1034:
1014:
451:$ 141 million (1996 est.)
312:Electricity - consumption
42:This article needs to be
1515:Northern Mariana Islands
1039:Administrative divisions
940:CIA World Factbook, 2006
454:Economic aid - recipient
283:Electricity - production
1480:Cocos (Keeling) Islands
1003:Cook Islands Federation
1140:Queen's Representative
756:. RNZ. 6 November 2017
635:. Mondaq. 10 June 2002
483:1 April–31 March
427:$ 81.04 million (2005)
403:$ 5.222 million (2005)
344:Agriculture - products
192:Services: 75.3% (2000)
169:GDP - real growth rate
1458:and other territories
430:Imports - commodities
406:Exports - commodities
328:Electricity - imports
320:Electricity - exports
317:34.46 GW·h (2005 est)
998:Kingdom of Rarotonga
613:. IRD. 28 March 2002
493:Telecom Cook Islands
18:Telecom Cook Islands
1345:Economy of Oceania
823:. Cook Islands News
679:. RNZ. 9 April 2013
657:. RNZ. 8 April 2013
156:Economic statistics
150:Vaine Nooana-Arioka
99:Banking and finance
1202:Cook Islands Māori
1171:Telecommunications
1059:Towns and villages
522:"Banking Act 2011"
488:Telecommunications
438:Imports - partners
414:Exports - partners
186:Agriculture: 78.9%
1538:
1537:
1530:Wallis and Futuna
1475:Clipperton Island
1433:Associated states
1311:
1310:
1276:
1275:
1184:
1183:
1148:
1147:
1130:Political parties
1110:Foreign relations
1077:
1076:
497:Spark New Zealand
296:Fossil fuel: 100%
246:Unemployment rate
145:financial leaks.
76:As in many other
63:
62:
16:(Redirected from
1558:
1520:Pitcairn Islands
1490:French Polynesia
1470:Christmas Island
1399:Papua New Guinea
1379:Marshall Islands
1352:Sovereign states
1338:
1331:
1324:
1315:
1296:
1289:
1195:
1159:
1088:
1032:
1020:
1008:Free association
969:
962:
955:
946:
927:
926:
924:
923:
908:
902:
901:
899:
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888:
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879:
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864:
858:
857:
855:
854:
839:
833:
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828:
816:
810:
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794:
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787:
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783:
772:
766:
765:
763:
761:
750:
744:
743:
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739:
728:
722:
721:
719:
717:
711:
706:. Archived from
695:
689:
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686:
684:
673:
667:
666:
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662:
651:
645:
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640:
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583:
575:
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568:
566:
564:
552:
546:
543:Banking Act 2011
540:
534:
533:
531:
529:
518:
305:Other: 0% (2001)
227:4.2% (2024 est.)
215:Highest 10%: NA%
175:GDP - per capita
105:Banking Act 2011
58:
55:
49:
37:
36:
29:
21:
1566:
1565:
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1560:
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1557:
1556:
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1540:
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1534:
1457:
1451:
1434:
1428:
1409:Solomon Islands
1347:
1342:
1312:
1307:
1299:
1292:
1285:
1272:
1246:
1237:Public holidays
1180:
1144:
1073:
1021:
1012:
979:
973:
936:
931:
930:
921:
919:
910:
909:
905:
896:
894:
890:
889:
885:
876:
874:
866:
865:
861:
852:
850:
841:
840:
836:
826:
824:
818:
817:
813:
803:
801:
796:
795:
791:
781:
779:
774:
773:
769:
759:
757:
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751:
747:
737:
735:
730:
729:
725:
715:
713:
697:
696:
692:
682:
680:
675:
674:
670:
660:
658:
653:
652:
648:
638:
636:
631:
630:
626:
616:
614:
609:
608:
604:
594:
592:
588:
581:
577:
576:
572:
562:
560:
554:
553:
549:
541:
537:
527:
525:
520:
519:
515:
510:
490:
446:Debt - external
336:Oil consumption
212:Lowest 10%: NA%
178:$ 17,033 (2022)
158:
139:Paradise Papers
120:Winebox Inquiry
101:
59:
53:
50:
47:
38:
34:
23:
22:
15:
12:
11:
5:
1564:
1562:
1554:
1553:
1543:
1542:
1536:
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1533:
1532:
1527:
1522:
1517:
1512:
1510:Norfolk Island
1507:
1502:
1497:
1492:
1487:
1482:
1477:
1472:
1467:
1465:American Samoa
1461:
1459:
1453:
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1450:
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1444:
1438:
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1435:of New Zealand
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1401:
1396:
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1386:
1381:
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1214:
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1204:
1198:
1192:
1186:
1185:
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1181:
1179:
1178:
1173:
1168:
1162:
1156:
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1135:Prime Minister
1132:
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1117:
1115:House of Ariki
1112:
1107:
1102:
1097:
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1085:
1079:
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1075:
1074:
1072:
1071:
1069:Southern chain
1066:
1064:Northern chain
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1046:
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1035:
1029:
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978: articles
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934:External links
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843:"Our Managers"
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704:New York Times
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584:. OECD. 2000.
570:
547:
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512:
511:
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470:Exchange rates
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189:Industry: 9.6%
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143:Pandora Papers
131:Offshore Leaks
100:
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86:infrastructure
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54:September 2022
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918:. 30 May 2024
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849:on 2021-10-02
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712:on 2022-01-01
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545:, section 17.
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333:0 kW·h (2003)
332:
330:
327:
325:0 kW·h (2003)
324:
322:
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316:
314:
311:
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27:
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1456:Dependencies
1442:Cook Islands
1441:
1263:Coat of arms
1212:Demographics
1153:
976:Cook Islands
920:. Retrieved
915:
906:
895:. Retrieved
886:
875:. Retrieved
871:
862:
851:. Retrieved
847:the original
837:
825:. Retrieved
814:
802:. Retrieved
792:
780:. Retrieved
770:
758:. Retrieved
748:
736:. Retrieved
726:
714:. Retrieved
709:the original
703:
693:
681:. Retrieved
671:
659:. Retrieved
649:
637:. Retrieved
627:
615:. Retrieved
605:
593:. Retrieved
573:
561:. Retrieved
550:
542:
538:
526:. Retrieved
516:
491:
235:6,820 (2001)
147:
113:
104:
102:
90:
82:Cook Islands
75:
66:
64:
51:
43:
26:
1389:New Zealand
916:www.adb.org
872:data.un.org
478:Fiscal year
302:Nuclear: 0%
249:1.3% (2019)
230:Labor force
118:led to the
93:New Zealand
1222:Literature
1125:Parliament
993:James Cook
922:2024-05-27
897:2024-05-27
877:2024-05-27
853:2021-10-02
827:14 October
804:14 October
782:14 October
760:14 October
738:14 October
716:14 October
683:14 October
661:14 October
639:14 October
617:14 October
595:14 October
563:14 October
528:14 October
508:References
358:pineapples
267:Industries
148:Economist
1359:Australia
1217:Education
1176:Transport
1105:Elections
1027:Geography
299:Hydro: 0%
280:1% (2002)
116:tax haven
1545:Category
1374:Kiribati
1303:Category
1120:Monarchy
1083:Politics
586:Archived
502:HF radio
462:Currency
362:tomatoes
71:tropical
1525:Tokelau
1424:Vanuatu
1287:Outline
1251:Symbols
1207:Culture
1190:Society
1154:Economy
1095:Cabinet
1044:Climate
985:History
559:. Stuff
422:Imports
398:Exports
394:poultry
374:bananas
370:pawpaws
44:updated
1500:Hawaii
1419:Tuvalu
1258:Anthem
1242:Sports
1232:People
1166:Energy
1100:Chiefs
1054:Rivers
386:coffee
354:citrus
252:Budget
141:, and
1414:Tonga
1404:Samoa
1394:Palau
1384:Nauru
1294:Index
1227:Music
1049:Lakes
589:(PDF)
582:(PDF)
366:beans
350:Copra
1495:Guam
1447:Niue
1369:Fiji
1268:Flag
829:2021
806:2021
784:2021
762:2021
740:2021
718:2021
685:2021
663:2021
641:2021
619:2021
597:2021
565:2021
530:2021
390:pigs
382:taro
378:yams
124:OECD
65:The
161:GDP
1547::
914:.
870:.
702:.
504:.
392:,
388:,
384:,
380:,
376:,
372:,
368:,
364:,
360:,
356:,
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137:,
111:.
88:.
1337:e
1330:t
1323:v
968:e
961:t
954:v
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