| Economy - overview: |
Since 1962, when France stationed military personnel in the region, French Polynesia has changed from a subsistence economy to one in which a high proportion of the work force is either employed by the military or supports the tourist industry. Tourism accounts for about one-fourth of GDP and is a primary source of hard currency earnings. The small manufacturing sector primarily processes agricultural products. The territory benefited from a five-year (1994-98) development agreement with France aimed principally at creating new jobs.
|
| GDP: |
purchasing power parity - $2.6 billion (1997 est.)
|
| GDP - real growth rate: |
2.5% (1997 est.)
|
| GDP - per capita: |
purchasing power parity - $10,800 (1997 est.)
|
| GDP - composition by sector: |
agriculture:
4%
industry:
18%
services:
78% (1997)
|
| Population below poverty line: |
NA%
|
| Household income or consumption by percentage share: |
lowest 10%:
NA%
highest 10%:
NA%
|
| Inflation rate (consumer prices): |
1.5% (1994)
|
| Labor force: |
70,000 (1996)
|
| Labor force - by occupation: |
agriculture 13%, industry 19%, services 68% (1997)
|
| Unemployment rate: |
15% (1992 est.)
|
| Budget: |
revenues:
$1 billion
expenditures:
$900 million, including capital expenditures of $185 million (1996)
|
| Industries: |
tourism, pearls, agricultural processing, handicrafts
|
| Industrial production growth rate: |
NA%
|
| Electricity - production: |
430 million kWh (1999)
|
| Electricity - production by source: |
fossil fuel:
51.16%
hydro:
48.84%
nuclear:
0%
other:
0% (1999)
|
| Electricity - consumption: |
399.9 million kWh (1999)
|
| Electricity - exports: |
0 kWh (1999)
|
| Electricity - imports: |
0 kWh (1999)
|
| Agriculture - products: |
coconuts, vanilla, vegetables, fruits; poultry, beef, dairy products
|
| Exports: |
$205 million (f.o.b., 1999)
|
| Exports - commodities: |
cultured pearls 50%, coconut products, mother-of-pearl, vanilla, shark meat (1997)
|
| Exports - partners: |
Japan 62%, US 21% (1999)
|
| Imports: |
$749 million (f.o.b., 1999)
|
| Imports - commodities: |
fuels, foodstuffs, equipment
|
| Imports - partners: |
France 53%, US 13%, Australia 10% (1999)
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| Economic aid - recipient: |
$367 million (1997)
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| Currency: |
Comptoirs Francais du Pacifique franc (XPF)
|
| Exchange rates: |
Comptoirs Francais du Pacifique francs (XPF) per US dollar - 127.11 (January 2001), 129.44 (2000), 111.93 (1999), 107.25 (1998), 106.11 (1997), 93.00 (1996); note - pegged at the rate of 119.25 XPF to the euro
|
| Fiscal year: |
calendar year
|
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