Developing Asia To Extend Steady Growth in 2014

Higher demand from recovering advanced economies will be dampened somewhat by moderating growth in the PRC, says new ADB report. Read More

Pacific Growth to Pick Up in 2014

Economic growth in the Pacific is projected to rise to 5.4% in 2014 from 4.8% in 2013, according to ADB's latest Asian Development Outlook 2014, launched in Sydney. Read More

Middle-income Trap Holds Back Asia's Potential New Tiger Economies

Moving from a low-cost to a high-value economy requires innovative companies, an improved education system, and government incentives. Read More

Investing in the Pacific Transport Sector

Pacific Transport Update 2013: Island countries in the Pacific region need a strong transport sector to support economic growth. Read More

Overview

The Cook Islands is among the best performing of the Pacific island economies. However, it relies heavily on tourism - an industry significantly impacted by the global economic crisis - and fiscal management remains a challenge.

ADB's Pacific Approach, 2010-2014, serves as the country partnership strategy (CPS) for the Cook Islands. It seeks to improve economic and social infrastructure and public sector service delivery.

Fast Facts

0.02 (2012)
Population in millions

-10.0% (2010-2012)
Annual population growth rate

28.4% (2006)
Population living below the national poverty line

ADB Lending

Amount ($M) / %
Sector (No. of loans)
0.82 / 1.24
Agriculture (1)
 
2.70 / 4.11
Education (1)
 
6.00 / 9.13
Finance (3)
 
5.00 / 7.61
Public Sector (1)
 
25.61 / 38.98
Transport and ICT (5)
 
2.20 / 3.35
Water Supply (1)
 
23.38 / 35.58
Multisector (6)
 
65.71 / 100.00
TOTAL (18)
Cumulative as of 31 December 2012