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    French Polynesia Index 2005

    French Polynesia Main Index


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    French Polynesia Economy - 2005

    https://allcountries.org/wfb2005/french_polynesia/french_polynesia_economy.html
    SOURCE: 2005 CIA WORLD FACTBOOK

      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 - $4.58 billion (2003 est.)

      GDP - real growth rate:
      NA% (2001 est.)

      GDP - per capita:
      purchasing power parity - $17,500 (2003 est.)

      GDP - composition by sector:
      agriculture: 4%
      industry: 18%
      services: 78% (2002)

      Labor force:
      70,000 (1996)

      Labor force - by occupation:
      agriculture 13%, industry 19%, services 68% (2002)

      Unemployment rate:
      11.8% (1994)

      Population below poverty line:
      NA%

      Household income or consumption by percentage share:
      lowest 10%: NA%
      highest 10%: NA%

      Inflation rate (consumer prices):
      1.5% (2002 est.)

      Budget:
      revenues: $1 billion
      expenditures: $900 million, including capital expenditures of $185 million (1996)

      Agriculture - products:
      coconuts, vanilla, vegetables, fruits; poultry, beef, dairy products, coffee

      Industries:
      tourism, pearls, agricultural processing, handicrafts, phosphates

      Industrial production growth rate:
      NA%

      Electricity - production:
      380 million kWh (2002)

      Electricity - consumption:
      353.4 million kWh (2002)

      Electricity - exports:
      0 kWh (2002)

      Electricity - imports:
      0 kWh (2002)

      Oil - production:
      0 bbl/day (2001 est.)

      Oil - consumption:
      4,750 bbl/day (2001 est.)

      Oil - exports:
      NA

      Oil - imports:
      NA

      Exports:
      $244 million f.o.b. (2002)

      Exports - commodities:
      cultured pearls, coconut products, mother-of-pearl, vanilla, shark meat

      Exports - partners:
      France 41.2%, Japan 25.5%, US 18.3%, Thailand 4.6% (2004)

      Imports:
      $1.341 billion f.o.b. (2002)

      Imports - commodities:
      fuels, foodstuffs, machinery and equipment

      Imports - partners:
      France 47.6%, New Zealand 8.6%, Singapore 8.4%, Australia 8.4%, US 7% (2004)

      Debt - external:
      NA

      Economic aid - recipient:
      $367 million (1997)

      Currency (code):
      Comptoirs Francais du Pacifique franc (XPF)

      Exchange rates:
      Comptoirs Francais du Pacifique francs (XPF) per US dollar - 96.04 (2004), 105.66 (2003), 126.71 (2002), 133.26 (2001), 129.43 (2000)
      note: pegged at the rate of 119.25 XPF to the euro

      Fiscal year:
      calendar year


      NOTE: The information regarding French Polynesia on this page is re-published from the 2005 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of French Polynesia Economy 2005 information contained here. All suggestions for corrections of any errors about French Polynesia Economy 2005 should be addressed to the CIA.

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    https://allcountries.org/wfb2005/french_polynesia/french_polynesia_economy.html
    Revised 16-Feb-06
    Copyright © 2021 Photius Coutsoukis (all rights reserved)