ADB’s Pacific Approach, 2021-2025 guides operational responses in Niue, focusing on preparing and responding to shocks, delivering sustainable services, and supporting inclusive growth.
Economies in the Pacific are projected to grow collectively by 3.3% in 2023 and 2.8% in 2024 as the subregion continues to recover from the COVID-19 pandemic, according to the latest issue of ADB's Pacific Economic Monitor launched today.
Pacific economies are bouncing back as tourism recovers and infrastructure projects resume, but inflationary pressures and vulnerability to natural hazards remain downside risks.
ADB and the Government of Niue has officially opened the ADB office in Alofi.
Niue became the 68th and most recent member of ADB in 2019. To date, ADB has committed to the country 2 public sector grants and technical assistance totaling $4.3 million.
Niue is one of the world’s smallest countries, with a land area of 259 square kilometers and an estimated population of 1,862 people in 2019. Fiscal discipline, paired with large and predictable inflows of overseas development assistance, have helped provide macroeconomic stability for the Government of Niue. Travel restrictions associated with the coronavirus disease (COVID-19) pandemic have had profound impacts on the country’s tourism-dependent economy.
Niue became the 68th and most recent member of the Asian Development Bank (ADB) in 2019. To date, ADB has committed 2 public sector grants and technical assistance totaling $4.3 million to Niue.
The Pacific Subregional Office (SPSO) is closed on these dates:
Last updated: 4 April 2023