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| Economy - overview: |
The economy is limited to traditional subsistence agriculture, with about 80% of the labor force earning its livelihood 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 - $30 million (1997 est.)
|
| GDP - real growth rate: |
NA%
|
| GDP - per capita: |
purchasing power parity - $2,000 (1997 est.)
|
| GDP - composition by sector: |
agriculture:
NA%
industry:
NA%
services:
NA%
|
| Population below poverty line: |
NA%
|
| Household income or consumption by percentage share: |
lowest 10%:
NA%
highest 10%:
NA%
|
| Inflation rate (consumer prices): |
NA%
|
| Labor force - by occupation: |
agriculture, livestock, and fishing 80%, government 4% (est.)
|
| Budget: |
revenues:
$20 million
expenditures:
$17 million, including capital expenditures of $NA (1998 est.)
|
| Industries: |
copra, handicrafts, fishing, lumber
|
| Industrial production growth rate: |
NA%
|
| Electricity - production: |
NA kWh
|
| Electricity - production by source: |
fossil fuel:
NA%
hydro:
NA%
nuclear:
NA%
other:
NA%
|
| Electricity - consumption: |
NA kWh
|
| Agriculture - products: |
breadfruit, yams, taro, bananas; pigs, goats
|
| Exports: |
$250,000 (f.o.b., 1999)
|
| Exports - commodities: |
copra, chemicals, construction materials
|
| Exports - partners: |
Italy 40%, Croatia 15%, US 14%, Denmark 13%
|
| Imports: |
$300,000 (f.o.b., 1999)
|
| Imports - commodities: |
chemicals, machinery, passenger ships, consumer goods
|
| Imports - partners: |
France 97%, Australia 2%, New Zealand 1%
|
| Economic aid - recipient: |
assistance from France
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| Currency: |
Comptoirs Francais du Pacifique franc (XPF)
|
| Exchange rates: |
Comptoirs Francais du Pacifique francs (XPF) per US dollar - 1127.11 (January 2001), 129.43 (2000), 111.93 (1999), 107.25 (1998), 106.11 (1997), 93.00 (1996); note - linked at the rate of 119.25 XPF to the euro
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| Fiscal year: |
calendar year
|
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