World Library  
Flag as Inappropriate
Email this Article

Economy of French Polynesia

Article Id: WHEBN0000010742
Reproduction Date:

Title: Economy of French Polynesia  
Author: World Heritage Encyclopedia
Language: English
Subject: Economy of the Cayman Islands, Economy of New Caledonia, Economy of New Zealand, Economy of Edinburgh, Economy of the United Kingdom
Collection: Economy of French Polynesia
Publisher: World Heritage Encyclopedia

Economy of French Polynesia

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.


GDP: nominal - US$5.65 billion[1] (2006)

GDP - real growth rate: -0.43%[1] (in 2006)

GDP - per capita: nominal - US$21,999[1] (2006)

GDP - composition by sector:
agriculture: 3.1%
industry: 19%
services: 76.9% (2005)

Population below poverty line: NA%

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

Inflation rate (consumer prices): 1.1% (2006)

Labor force: 65 870 (December 2005)

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

Unemployment rate: 11.8% (1994 est.)

revenues: $865 million
expenditures: $644,1 million, including capital expenditures of $185 million (1999)

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

Industrial production growth rate: NA%

Electricity - production: 477 GWh (2004)

Electricity - production by source:
fossil fuel: 59.72%
hydropower: 40.28%
nuclear power: 0%
other: 0% (1998)

Electricity - consumption: 443.6 GWh (2004)

Electricity - exports: 0 kWh (2004)

Electricity - imports: 0 kWh (2004)

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

Exports: US$0.2 billion[2] (2008)

Exports - commodities: cultured pearls 50%, coconut products, mother-of-pearl, vanilla, shark meat (1997)

Exports - partners: Hong Kong 41%, Metropolitan France 20%, Japan 14%, United States 8% (2008)[2]

Imports: $2.2 billion[2] (2008)

Imports - commodities: fuels, foodstuffs, equipment

Imports - partners: Metropolitan France 30%, Singapore 14%, United States 10%, China 7%, New Zealand 6%, Australia 3% (2008)[2]

Debt - external: $NA

Economic aid - recipient: $580 million (2004)

Currency: 1 Comptoirs Francais du Pacifique franc (CFPF) = 100 centimes

Exchange rates: Comptoirs Francais du Pacifique francs (CFPF) per US$1 – 95.89 (2005), 96.04 (2004), 105.66 (2003), 126.71 (2002), 133.26 (2001), 117.67 (January 2000), 111.93 (1999), 107.25 (1998), 106.11 (1997), 93.00 (1996), 90.75 (1995); note - linked at the exact official rate of 0.055 French francs to one Pacifique franc. Now that France has switched its currency to the euro, this static link remains true, at the rate of about 119.26 Pacifique franc to one euro (1 euro being exactly 6.55957 French francs).

Fiscal year: calendar year


  1. ^ a b c Institut Statistique de Polynésie Française (ISPF). "La Production Intérieure Brute et le Produit Intérieur Brut" (in Français). Retrieved 2009-09-14. 
  2. ^ a b c d  
This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.

Copyright © World Library Foundation. All rights reserved. eBooks from World Library are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.