| Economy | Wallis and Futuna |
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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. |
GDP (purchasing power parity):
|
$60 million (2004 est.) |
GDP - per capita (PPP):
|
$3,800 (2004 est.) |
GDP (official exchange rate):
|
$NA |
GDP - real growth rate:
|
NA% |
GDP - composition by sector:
|
agriculture: NA%
industry: NA%
services: NA% |
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):
|
2.8% (2005) |
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:
|
3,104 (2003) |
Labor force participation rate:
|
20.30 % of population |
Labor force - by occupation:
|
agriculture: 80%
industry: 4%
services: 16% (2001 est.) |
Unemployment rate:
|
15.2% (2003) |
Budget:
|
revenues: $29,730
expenditures: $31,330 (2004) |
Budget revenues per capita:
|
2 USD per capita |
Public debt:
|
5.6% of GDP (2004 est.) |
Industries:
|
copra, handicrafts, fishing, lumber |
Industrial production growth rate:
|
NA% |
Electricity - production:
|
NA kWh |
Electricity - production per capita:
|
void |
Electricity - consumption:
|
NA kWh |
Electricity - consumption - per capita:
|
void |
Electricity - exports:
|
0 kWh (2002) |
Electricity - imports:
|
0 kWh (2002) |
Oil - production:
|
void |
Oil - production per capita:
|
void |
Oil - consumption:
|
void |
Oil - consumption - per capita:
|
void |
Oil - exports:
|
void |
Oil - imports:
|
void |
Oil - proved reserves:
|
void |
Natural gas - production:
|
void |
Natural gas - production per capita:
|
void |
Natural gas - consumption:
|
void |
Natural gas - consumption - per capita:
|
void |
Natural gas - exports:
|
void |
Natural gas - imports:
|
void |
Natural gas - proved reserves:
|
void |
Agriculture - products:
|
breadfruit, yams, taro, bananas; pigs, goats; fish |
Current account balance:
|
void |
Current account balance - per capita:
|
void |
Exports:
|
$47,450 f.o.b. (2004) |
Exports per capita:
|
4 USD per capita |
Exports - commodities:
|
copra, chemicals, construction materials |
Exports - partners:
|
void |
Imports:
|
$61.17 million f.o.b. (2004) |
Imports per capita:
|
4,001 USD per capita |
Imports - commodities:
|
chemicals, machinery, passenger ships, consumer goods |
Imports - partners:
|
void |
Reserves of foreign exchange and gold:
|
void |
Reserves of foreign exchange and gold - per capita:
|
void |
Debt - external:
|
$3.67 million (2004) |
Debt - external - per capita:
|
241 USD per capita |
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:
|
void |
Market value of publicly traded shares - per capita:
|
void |
Economic aid - donor:
|
void |
Economic aid - recipient:
|
assistance from France, $NA |
Economic aid - recipient per capita:
|
void |
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) |
Fiscal year:
|
calendar year |
|
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