24% (FY03/04)

Household income or consumption by percentage share:

lowest 10%: NA% highest 10%: NA%

Budget:

revenues: $80.48 million expenditures: $109.8 million (FY07/08)

Fiscal year:

1 July - 30 June

Inflation rate (consumer prices):

5.9% (2007 est.)

Commercial bank prime lending rate:

12.16% (31 December 2007)

Stock of money:

$46.38 million (31 December 2007)

Stock of quasi money:

$106.8 million (31 December 2007)

Stock of domestic credit:

$163.1 million (31 December 2007)

Agriculture - products:

squash, coconuts, copra, bananas, vanilla beans, cocoa, coffee, ginger, black pepper; fish

Industries:

tourism, construction, fishing

Industrial production growth rate:

1% (2003 est.)

Electricity - production:

43 million kWh (2007 est.)

Electricity - consumption:

39.99 million kWh (2006 est.)

Electricity - exports:

0 kWh (2007)

Electricity - imports:

0 kWh (2007 est.)

Electricity - production by source:

fossil fuel: 100% hydro: 0% nuclear: 0% other: 0% (2001)

Oil - production:

0 bbl/day (2007 est.)

Oil - consumption:

870 bbl/day (2006 est.)

Oil - exports:

0 bbl/day (2007 est.)

Oil - imports:

1,035 bbl/day (2005)

Oil - proved reserves:

0 bbl (1 January 2007 est.)

Natural gas - production:

0 cu m (2007 est.)

Natural gas - consumption:

0 cu m (2007 est.)

Natural gas - exports:

0 cu m (2007 est.)

Natural gas - imports:

0 cu m (2007 est.)

Natural gas - proved reserves:

0 cu m (1 January 2007 est.)

Current account balance:

-$23 million (2007 est.)

Exports:

$22 million f.o.b. (2006)

Exports - commodities:

squash, fish, vanilla beans, root crops

Exports - partners:

US 36.7%, Japan 21.6%, NZ 10.1%, Fiji 5.8%, Samoa 4.9% (2007)

Imports:

$139 million f.o.b. (2006)

Imports - commodities:

foodstuffs, machinery and transport equipment, fuels, chemicals

Imports - partners:

Fiji 32.5%, NZ 27.5%, US 9%, Australia 7.4%, China 5% (2007)

Economic aid - recipient:

$31.75 million (2005)

Reserves of foreign exchange and gold:

$40.83 million (yearend, FY04/05)

Debt - external:

$80.7 million (2004)

Market value of publicly traded shares: