| Economy | French Polynesia |
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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. |
GDP (purchasing power parity):
|
$4.718 billion (2004 est.)
$4.58 billion (2003) |
GDP - per capita (PPP):
|
$18,000 (2004 est.)
$17,500 (2003 est.) |
GDP (official exchange rate):
|
$6.1 billion (2004) |
GDP - real growth rate:
|
2.7% (2005)
5.1% (2002) |
GDP - composition by sector:
|
agriculture: 3.5%
industry: 20.4%
services: 76.1% (2005) |
Investment (gross fixed):
|
void |
Population below poverty line:
|
NA% |
Household income or consumption by percentage share:
|
lowest 10%: NA%
highest 10%: NA% |
Distribution of family income - Gini index:
|
void |
Inflation rate (consumer prices):
|
1.1% (2007) |
Central bank discount rate:
|
void |
Commercial bank prime lending rate:
|
void |
Stock of money:
|
void |
Stock of money - per capita:
|
void |
Stock of quasi money:
|
void |
Stock of quasi money - per capita:
|
void |
Stock of domestic credit:
|
void |
Stock of domestic credit - per capita:
|
void |
Labor force:
|
113,400 (2006) |
Labor force participation rate:
|
39.51 % of population |
Labor force - by occupation:
|
agriculture: 13%
industry: 19%
services: 68% (2002) |
Unemployment rate:
|
11.7% (2005) |
Budget:
|
revenues: $865 million
expenditures: $644.1 million (1999) |
Budget revenues per capita:
|
3,014 USD per capita |
Public debt:
|
void |
Industries:
|
tourism, pearls, agricultural processing, handicrafts, phosphates |
Industrial production growth rate:
|
NA% |
Electricity - production:
|
475 million kWh (2006 est.) |
Electricity - production per capita:
|
1,655 kWh per capita |
Electricity - consumption:
|
441.8 million kWh (2006 est.) |
Electricity - consumption - per capita:
|
1,540 kWh per capita |
Electricity - exports:
|
0 kWh (2007 est.) |
Electricity - imports:
|
0 kWh (2007 est.) |
Oil - production:
|
0 bbl/day (2007 est.) |
Oil - production per capita:
|
void |
Oil - consumption:
|
6,082 bbl/day (2006 est.) |
Oil - consumption - per capita:
|
7.73 bbl/year per capita |
Oil - exports:
|
0 bbl/day (2005) |
Oil - imports:
|
6,271 bbl/day (2005) |
Oil - proved reserves:
|
0 bbl (1 January 2006 est.) |
Natural gas - production:
|
0 cu m (2007 est.) |
Natural gas - production per capita:
|
void |
Natural gas - consumption:
|
0 cu m (2007 est.) |
Natural gas - consumption - per capita:
|
void |
Natural gas - exports:
|
0 cu m (2007 est.) |
Natural gas - imports:
|
0 cu m (2007 est.) |
Natural gas - proved reserves:
|
0 cu m (1 January 2006 est.) |
Agriculture - products:
|
fish; coconuts, vanilla, vegetables, fruits, coffee; poultry, beef, dairy products |
Current account balance:
|
void |
Current account balance - per capita:
|
void |
Exports:
|
$211 million f.o.b. (2005 est.) |
Exports per capita:
|
736 USD per capita |
Exports - commodities:
|
cultured pearls, coconut products, mother-of-pearl, vanilla, shark meat |
Exports - partners:
|
void |
Imports:
|
$1.706 billion f.o.b. (2005 est.) |
Imports per capita:
|
5,944 USD per capita |
Imports - commodities:
|
fuels, foodstuffs, machinery and equipment |
Imports - partners:
|
void |
Reserves of foreign exchange and gold:
|
void |
Reserves of foreign exchange and gold - per capita:
|
void |
Debt - external:
|
$NA |
Debt - external - per capita:
|
void |
Stock of direct foreign investment - at home:
|
void |
Stock of direct foreign investment - at home - per capita:
|
void |
Stock of direct foreign investment - abroad:
|
void |
Stock of direct foreign investment - abroad - per capita:
|
void |
Market value of publicly traded shares:
|
$NA |
Market value of publicly traded shares - per capita:
|
void |
Economic aid - donor:
|
void |
Economic aid - recipient:
|
$579.8 million (2004) |
Economic aid - recipient per capita:
|
2,020 USD per capita |
Currency (code):
|
Comptoirs Francais du Pacifique franc (XPF) |
Exchange rates:
|
Comptoirs Francais du Pacifique francs (XPF) per US dollar - 87.59 (2007), 94.97 (2006), 95.89 (2005), 96.04 (2004), 105.66 (2003)
note: pegged at the rate of 119.25 XPF to the euro |
Fiscal year:
|
calendar year |
|
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