Balance of Payments

Latest Release

Calendar Year Current Account Balance  Exports of Goods & Services  Imports of Goods & Services 
 

Total

% change

F.O.B

% change

F.O.B

% change

      ( '000 )      
1995 685 - 86,745 - (86,060) -
1996 8,008 1,069.2 87,102 0.4 (79,094) -8.1
1997 1,228 -84.7 92,000 5.6 (90,772) 14.8
1998 3,998 225.4 94,825 3.1 (90,827) 0.1
1999 13,750 243.9 125,905 32.8 (112,155) 23.5
2000 19,294 40.3 168,982 34.2 (149,689) 33.5
2001 33,797 75.2 185,997 10.1 (152,200) 1.7
2002 29,536 -12.6 173,961 -6.5 (144,425) -5.1
2003 25,658 -13.1 187,210 7.6 (161,552) 11.9
2004 18,134 -29.3 176,841 -5.5 (158,707) -1.8
2005 30,005 65.5 188,880 6.8 (158,875) 0.1
2006 25,962 -13.5 224,996 19.1 (199,034) 25.3
2007 47,144 81.6 237,810 5.7 (190,666) -4.2
2008 14,745 -68.7 271,898 14.3 (257,153) 34.9
2009 96,581 555.0 269,100 -1.0 (172,519) -32.9
2010 84,310 -12.7 271,873 1.0 (187,563) 8.7
2011 73,524 -13 275,478 1 (201,954) 8
2012 101,655 38 308,214 12 (206,559) 2
2013 109,976 8 330,990 7 (221,014) 7
2014 117,758 7 343,296 4 (225,538) 2
2015 125,039 6 366,131 7 (241,092) 7
2016 154,240 23 405,395 11 (251,154) 4

Source: Cook Islands Statistics Office


More on Balance of Payments...

Information about BOP Data is currently compiled in accordance with BPM5. Merchandise goods are measured through customs as described in the Merchandise Trade GDDS entry. Other goods included in this component are the jet fuel and the numismatic. Our jet fuel is brought into the country as import goods and re-sold to a foreign owned company (Air NZ) and this is considered as re-exports. Revenue from numismatic coins is extracted from the government accounts. The export and import of services are measured in the following components: transportation, travel, communication, insurance, financial and government services. Income and current transfers are also estimated to arrive at a current account balance. The Current Account Balance is published along with Merchandise Trade tables. The Capital or Financial Account is not published.