Introduction - French Polynesia: |
Location - French Polynesia: |
People - French Polynesia: |
Government - French Polynesia: |
Economy - French Polynesia: |
Economy overview | Since 1962, when France stationed military personnel in the region, French Polynesia has changed from a subsistence agricultural economy to one in which a high proportion of the work force is either employed by the military or supports the tourist industry. With the halt of French nuclear testing in 1996, the military contribution to the economy fell sharply. Tourism accounts for about one-fourth of GDP and is a primary source of hard currency earnings. Other sources of income are pearl farming and deep-sea commercial fishing. The small manufacturing sector primarily processes agricultural products. The territory benefits substantially from development agreements with France aimed principally at creating new businesses and strengthening social services. |
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Gdp purchasing power parity | $4.58 billion (2003 est.) |
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Gdp official exchange rate | $3.8 billion (2002) |
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Gdp real growth rate | 5.1% (2002) |
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Gdp per capita ppp | $17,500 (2003 est.) |
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Gdp composition by sector | agriculture: 3.1%
industry: 19%
services: 76.9% (2005) |
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Labor force | 65,930 (December 2005) |
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Labor force by occupation | agriculture: 13%
industry: 19%
services: 68% (2002) |
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Unemployment rate | 11.7% (2005) |
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Population below poverty line | NA% |
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Household income or consumption by percentage share | lowest 10%: NA%
highest 10%: NA% |
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Inflation rate consumer prices | 1.1% (2006 est.) |
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Budget | revenues: $865 million
expenditures: $644.1 million; including capital expenditures of $185 million (1999) |
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Agriculture products | fish; coconuts, vanilla, vegetables, fruits, coffee; poultry, beef, dairy products |
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Industries | tourism, pearls, agricultural processing, handicrafts, phosphates |
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Industrial production growth rate | NA% |
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Electricity production | 607 million kWh (2005) |
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Electricity consumption | 533 million kWh (2005) |
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Electricity exports | 0 kWh (2004) |
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Electricity imports | 0 kWh (2004) |
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Oil production | 0 bbl/day (2004 est.) |
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Oil consumption | 6,000 bbl/day (2004 est.) |
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Oil exports | NA bbl/day |
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Oil imports | NA bbl/day |
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Oil proved reserves | 0 bbl |
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Natural gas production | 0 cu m (2004 est.) |
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Natural gas consumption | 0 cu m (2004 est.) |
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Exports | $211 million f.o.b. (2005 est.) |
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Exports commodities | cultured pearls, coconut products, mother-of-pearl, vanilla, shark meat |
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Exports partners | France 46.3%, Japan 20.8%, Niger 12.8%, US 12.5% (2006) |
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Imports | $1.706 billion f.o.b. (2005 est.) |
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Imports commodities | fuels, foodstuffs, machinery and equipment |
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Imports partners | France 52.7%, Singapore 14.9%, NZ 6.8%, US 6.6% (2006) |
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Debt external | $NA |
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Economic aid recipient | $580 million (2004) |
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Currency code | Comptoirs Francais du Pacifique franc (XPF) |
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Exchange rates | Comptoirs Francais du Pacifique francs (XPF) per US dollar - 95.03 (2006), 95.89 (2005), 96.04 (2004), 105.66 (2003), 126.71 (2002)
note: pegged at the rate of 119.25 XPF to the euro |
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Communications - French Polynesia: |
Transportation - French Polynesia: |
Military - French Polynesia: |
This page was last updated on 16 September, 2007