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.
Basic Information
Government Type: Self-governing parliamentary democracy (Parliament of the Cook Islands) in free association with New Zealand
Capital City: Avarua
GDP & Economic Information
Macroeconomy & Sovereign Data
| Central Bank | Financial Supervisory Commission |
|---|---|
| Currency | NZ dollars (NZD) |
| International Reserves | N/A |
| Gross Domestic Product – GDP | N/A |
| GDP (Purchasing Power Parity) | N/A |
GDP Data
| Real GDP growth |
2006 N/A 2007 N/A 2008 N/A 2009* N/A 2010* N/A 2011 N/A 2012 N/A 2013 N/A 2014 N/A 2015 N/A 2016 N/A 2017 N/A *Estimate |
|---|---|
| GDP per capita – current prices | N/A |
| GDP per capita – PPP | N/A |
| GDP (PPP) – share of world total |
1980 N/A 1990 N/A 2000 N/A 2010 N/A 2017 N/A |
| GDP – composition by sector |
agriculture: 5.1% industry: 12.7% services: 82.1% (2010 estimate) |
| Gross domestic expenditure on R&D; (% of GDP) | N/A |
| Inflation |
2013 N/A 2014 N/A 2015 N/A 2016* N/A 2017* N/A *Estimate |
The Cook Islands
Inflation & Debt
| Inflation |
2013 N/A 2014 N/A 2015 N/A 2016* N/A 2017* N/A *Estimate |
|---|---|
| Government Bond Ratings |
Standard & Poor’s: N/A Moody’s: N/A Standard & Poor’s / Moody’s (Updated as of January 24th 2017) |
| Unemployment rate |
2013 N/A 2014 N/A 2015 N/A 2016* N/A 2017* N/A *Estimate |
| Household saving rates | N/A |
| Public debt (General government gross debt as a % of GDP) |
2013 N/A 2014 N/A 2015 N/A 2016* N/A 2017* N/A *Estimate |
| Public deficit (General government net lending/borrowing as a % of GDP) |
2013 N/A 2014 N/A 2015 N/A 2016* N/A 2017* N/A *Estimate |
| Market value of publicly traded shares |
2013 N/A 2014 N/A 2015 N/A |
| Largest Companies | N/A |
Import/Export
| Exports as percent of GDP (Exports of goods and services) | N/A |
|---|---|
| Shares in world total merchandising export | N/A |
| Shares in world total commercial services export | N/A |
| Total exports |
USD 3.1 millions (2011 estimate) |
| Export commodities | Copra, papayas, fresh and canned citrus fruit, coffee; fish; pearls and pearl shells; clothing |
| Total imports |
USD 0.1 billion (2011 estimate) |
| Import commodities | Foodstuffs, textiles, fuels, timber, capital goods |
| Exports – major partners | N/A |
| Imports – major partners | N/A |
Competitiveness & Trade
| Current account balance | N/A |
|---|---|
| Current account balance by percentage of GDP | N/A |
| FDI inflows |
2013 USD 2.7 million 2014 USD -0.3 million 2015 USD 1.3 million |
| FDI Outflows |
2013 USD 2,033 million 2014 USD 1,304 million 2015 USD 1,548 million |
| Value of cross-border M&A, by country of purchaser |
2012 N/A 2013 N/A 2014 N/A 2015 N/A |
| Cross-border M&A deals worth over $3 billion completed in 2014 | N/A |
| Cross-border M&A deals worth over $3 billion completed in 2015 | N/A |
| Best countries for doing business | N/A |
| Global competitiveness ranking | N/A |
| Index of Economic Freedom | N/A |
Population & Geographic Data
| Total Area | 236 sq km |
|---|---|
| Total Population |
1990 N/A 2000 N/A 2010 N/A 2016 N/A 2021 N/A |
| Urban population as % of total population |
1960 N/A 1980 N/A 2000 N/A 2020 N/A |
| Population median age | 35.9 years (2016 estimate) |
| Population growth rate |
-2.88% (2016 estimate) |
| Life expectancy | 75.8 years (2016 estimate) |
| % of population living on less than $3.10 a day | N/A |
| Inequality of wealth distribution (Gini index) | N/A |
| Freedom House rating | N/A |
| Total telephone subscribers as % of population | N/A |
| Internet users as % of total population | 51% (2015) |
Language & Religon
| Languages | English (official) 86.4%, Cook Islands Maori (Rarotongan) (official) 76.2%, other 8.3% (2011 est.) |
|---|---|
| Literacy | N/A |
| Religions | Protestant 62.8% (Cook Islands Christian Church 49.1%, Seventh Day Adventist 7.9%, Assemblies of God 3.7%, Apostolic Church 2.1%), Roman Catholic 17%, Mormon 4.4%, other 8%, none 5.6%, no response 2.2% (2011 est.) |
World Rankings
| Population | N/A |
|---|---|
| Mercer Cost of living index | N/A |
| C02 Emissions per capita | N/A |
Global Finance Rankings & Awards: The Cook Islands
Global Finance Magazine holds several conferences and awards ceremonies throughout the year to recognize the winning financial institutions and companies in a host of categories including World’s Best Trade Finance Banks, World's Biggest Banks, World's Safest Banks, World's Best Developed & Emerging Markets Banks, World's Best Internet Banks, and World’s Best Investment Banks.
Data Sources:
IMF World Economic Outlook
UN World Population Prospects
World Inequality Report
S&P Global Ratings
Moody’s
Fitch Ratings
IMF Direction of Trade Statistics (DOTS)
UN Conference on Trade and Development (UNCTAD)
CIA The World Factbook
World Bank’s World Integrated Trade Solution
Forbes Global 2000