General profile: Cook Islands

GENERAL INFORMATION FOR 2023

Exchange rate

Population

GDP

0.014 Millions

310 Millions current US$

Land area¹

CPI growth

GDP growth

(q) 240 km²

9.08 %

1.16 %

INTERNATIONAL MERCHANDISE TRADE

-38.1 %

Merchandise exports growth rate in 2023

Total merchandise trade

(millions of US$)

2005

2010

2015

2023

Merchandise exports

Merchandise imports

109

173

Merchandise trade balance

-76

-86

-95

-167

Export structure by product group in 2023

(as % of total exports)

Top 5 partners in 2023

(exports, millions of US$)

INTERNATIONAL TRADE IN SERVICES

Total trade in services²

(millions of US$)

2005

2010

2015

2023

Services exports

(e) 81

(e) 120

224

Services imports

(e) 56

(e) 59

Services trade balance

(e) 25

(e) 62

164

Services exports by main category²

(as % of total services)

2005

2010

2015

2023

Transport

5.4

Travel

77.4

Other services

17.1

TRADE INDICES

ECONOMIC TRENDS

+1.2 %

Gross domestic product growth rate in 2023

Economic indicators

(millions of US$ unless otherwise specified)

2005

2010

2015

2023

GDP, current

199

241

302

310

GDP per capita, current US$

13 164

14 184

17 320

21 774

Real GDP growth, y-on-y, %

-1.14

-4.93

5.75

1.16

Current account balance, % of GDP

Exchange rate (/US$)

1.420

1.388

1.434

GDP by expenditure in 2022

(as % of total GDP)

FDI AND EXTERNAL FINANCIAL RESOURCES

+0.1 %

FDI outflows as % of GDP in 2023

Financial flows

(millions of US$ unless otherwise specified)

2005

2010

2015

2023

FDI inflows

5.41

5.64

FDI outflows

(k) 0.23

(k) 0.31

Personal remittances, % of GDP

Financial flows trends

(millions of US$)

TRADE IN GOODS AND SERVICES

Trade balance indicators²

(as % and index)

2005

2010

2015

2023

Balance, % of GDP

(e) -25.49

(e) -10.10

22.83

Balance, % of imports

(e) -37.15

(e) -16.22

40.66

Normalized balance

(e) -0.228

(e) -0.088

0.169

Trade openness²

(sum of imports and exports as % of GDP)

LIVING AREA

Population by living area in 2023

(% of population)

OTHER INDICATORS

0.085 %

Share of the total world merchant fleet in 2023

Maritime transport indicators

2005

2010

2015

2023

Merchant fleet, national flag (thousands of DWT)

2 248

1 942

Container port throughput (TEU)

Information economy indicators

(as % of)

2005

2010

2015

2023

Share of ICT goods, % of total exports

Share of ICT goods, % of total imports

3.42

1.93

Share of workforce involved in the ICT sector

Source: UN Trade and Development, UNCTADstat (https://unctadstat.unctad.org/datacentre)


	Notes:
	1	Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
	2	Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
	e	Estimated.
	k	Asset/liability basis.
	q	Estimated. Data refers to 2020.


	Symbols for missing values:
	0	Zero means that the amount is nil or negligible
	..	No value reported or collected
	_	Not applicable
	...	Not available, including no quotation
	#	Non-relevant calculation
	-	Not publishable
	***	Negative accumulation of flows; Value included in regional and global totals

Abbreviations & acronyms:

DWT:

Dead weight tons

FDI:

Foreign direct investment

GDP:

Gross domestic product

ICT:

Information and communication technology

TEU:

Twenty foot equivalent unit

US$:

United States dollar

Disclaimer:

The designations employed and the presentation of the material on the UNCTAD Data Hub do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in the UNCTAD Data Hub.

Generation date: 11 October 2024