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French Polynesia Economy 2013
http://www.theodora.com/wfbcurrent/french_polynesia/french_polynesia_economy.html
SOURCE: 2013 CIA WORLD FACTBOOK AND OTHER SOURCES


















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Page last updated on February 20, 2013

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):
$4.718 billion (2004 est.)
country comparison to the world: 169

$4.58 billion (2003 est.)
[see also: GDP country ranks ]

GDP (official exchange rate):
$6.1 billion (2004)
[see also: GDP (official exchange rate) country ranks ]

GDP - real growth rate:
2.7% (2005)
country comparison to the world: 120

5.1% (2002)
[see also: GDP - real growth rate country ranks ]

GDP - per capita:
$18,000 (2004 est.)
country comparison to the world: 70

$17,500 (2003 est.)
[see also: GDP - per capita country ranks ]

GDP - composition by sector:
agriculture: 3.5%
[see also: GDP - composition by sector - agriculture country ranks ]
industry: 20.4%
services: 76.1% (2005)

Labor force:
116,000 (2007)
country comparison to the world: 180
[see also: Labor force country ranks ]

Labor force - by occupation:
agriculture: 13%
[see also: Labor force - by occupation - agriculture country ranks ]
industry: 19%
services: 68% (2002)

Unemployment rate:
11.7% (2005)
country comparison to the world: 126
[see also: Unemployment rate country ranks ]

Population below poverty line:
NA%
[see also: Population below poverty line country ranks ]

Household income or consumption by percentage share:
lowest 10%: NA%
[see also: Household income or consumption by percentage share - lowest 10% country ranks ]
highest 10%: NA%

Budget:
revenues: $865 million
[see also: Budget revenues country ranks ]
expenditures: $644.1 million (1999)

Taxes and other revenues:
14.2% of GDP (1999)
country comparison to the world: 194
[see also: Taxes and other revenues country ranks ]

Budget surplus (+) or deficit (-):
3.6% of GDP (1999)
country comparison to the world: 17
[see also: Budget surplus (+) or deficit (-) country ranks ]

Inflation rate (consumer prices):
1.1% (2007)
country comparison to the world: 10

1.1% (2006 est.)
[see also: Inflation rate (consumer prices) country ranks ]

Market value of publicly traded shares:
$NA
[see also: Market value of publicly traded shares country ranks ]

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

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

Industrial production growth rate:
NA%
[see also: Industrial production growth rate country ranks ]

Exports:
$211 million (2005 est.)
country comparison to the world: 183
[see also: Exports country ranks ]

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

Imports:
$1.706 billion (2005 est.)
country comparison to the world: 167
[see also: Imports country ranks ]

Imports - commodities:
fuels, foodstuffs, machinery and equipment

Debt - external:
$NA
[see also: Debt - external country ranks ]

Exchange rates:
Comptoirs Francais du Pacifique francs (XPF) per US dollar -

90.01 (2010 est.)
87.59 (2007)

Fiscal year:
calendar year


NOTE: The information regarding French Polynesia on this page is re-published from the 2013 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of French Polynesia Economy 2013 information contained here. All suggestions for corrections of any errors about French Polynesia Economy 2013 should be addressed to the CIA.



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