Introduction - Wallis and Futuna: |
Location - Wallis and Futuna: |
People - Wallis and Futuna: |
Government - Wallis and Futuna: |
Economy - Wallis and Futuna: |
Economy overview | The economy is limited to traditional subsistence agriculture, with about 80% of labor force earnings from agriculture (coconuts and vegetables), livestock (mostly pigs), and fishing. About 4% of the population is employed in government. Revenues come from French Government subsidies, licensing of fishing rights to Japan and South Korea, import taxes, and remittances from expatriate workers in New Caledonia. |
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Gdp purchasing power parity | $60 million (2004 est.) |
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Gdp official exchange rate | NA |
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Gdp real growth rate | NA% |
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Gdp per capita ppp | $3,800 (2004 est.) |
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Gdp composition by sector | agriculture: NA%
industry: NA%
services: NA% |
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Labor force | 3,104 (2003) |
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Labor force by occupation | agriculture: 80%
industry: 4%
services: 16% (2001 est.) |
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Unemployment rate | 15.2% (2003) |
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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 | 2.8% (2005) |
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Budget | revenues: $29,730
expenditures: $31,330 (2004 est.) |
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Public debt | 5.6% of GDP (2004 est.) |
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Agriculture products | breadfruit, yams, taro, bananas; pigs, goats; fish |
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Industries | copra, handicrafts, fishing, lumber |
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Industrial production growth rate | NA% |
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Electricity production | NA kWh |
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Electricity consumption | NA kWh |
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Electricity exports | 0 kWh (2002) |
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Electricity imports | 0 kWh (2002) |
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Exports | $47,450 f.o.b. (2004) |
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Exports commodities | copra, chemicals, construction materials |
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Exports partners | Italy 40%, Croatia 15%, US 14%, Denmark 13% (2006) |
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Imports | $61.17 million f.o.b. (2004) |
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Imports commodities | chemicals, machinery, passenger ships, consumer goods |
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Imports partners | France 97%, Australia 2%, NZ 1% (2006) |
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Debt external | $3.67 million (2004) |
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Economic aid recipient | assistance from France, $NA |
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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) |
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Communications - Wallis and Futuna: |
Transportation - Wallis and Futuna: |
Military - Wallis and Futuna: |
This page was last updated on 16 September, 2007