Finance of Tokelau

The minimum monthly wage in Tokelau is 1463 USD. The currency of Tokelau is New Zealand dollar. The plural form of the word New Zealand dollar is dollars. The symbol used for this currency is $, and it is abbreviated as NZD. The New Zealand dollar is divided into cent; there are 100 in one dollar. Personal income tax ranges from 5% to 25%, depending on your specific situation and income level.

Gross Domestic Product

The total Gross Domestic Product (GDP) assessed as Purchasing Power Parity (PPP) in Tokelau is $0 billion. The Gross Domestic Product (GDP) assessed as Purchasing Power Parity (PPP) per capita in Tokelau was last recorded at $1,137. PPP in Tokelau is considered to be below average when compared to other countries. Below average PPP indicates that citizens in this country find it difficult to purchase local goods. Local goods can include food, shelter, clothing, health care, personal care, essential furnishings, transportation and communication, laundry, and various types of insurance. Countries with below average PPP are dangerous locations for investments.