Cook Islands and ADB
In the Spotlight
Deep sea fishing produces jobs, foreign exchange and government revenue for Pacific island nations.
In Cook Islands, 28.4% of the population lives below the national poverty line. Get the latest statistical data on poverty and socioeconomic development in the Cook Islands and compare poverty indicators among countries in the Pacific.
A new Asian Development Bank report says Pacific economies face lower growth and tighter fiscal conditions this year due to low commodity prices and severe cyclones.
This country brief highlights how ADB operations have helped the Cook Islands weather cyclones and fiscal crises, and contribute to stable economic and social infrastructure.
The Cook Islands consists of 15 small islands dispersed over 1.8 million square kilometers of the South Pacific Ocean.
Tourism is the country’s leading source of revenue, accounting for around 60% of gross domestic product, ahead of offshore banking, pearl farming, marine industry, and fruit exports. The Cook Islands is highly vulnerable to external economic shocks, especially falls in tourism, and is prone to natural disasters, particularly cyclones.
The country operations business plan (COBP), 2016-2018 for the Cook Islands focuses on renewable energy and energy efficiency, information and communication technology, public sector management, private sector participation, and capacity development.
Projects in the Cook Islands
Population in the Cook Islands, in millions (2015)
Internet users in the Cook Islands, per 100,000 live births (2015)
Average annual population growth rate in the Cook Islands (2010-2015)
Population living below the national poverty line in the Cook Islands (before 2010)Refers to preliminary/interim figures; or refers to periods before 2010.