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French Polynesia Economy 1996
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 20% of GDP and is a primary
source of hard currency earnings.
GDP - purchasing power parity - $1.5 billion (1993 est.)
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National product real growth rate:
-
National product per capita:
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Inflation rate (consumer prices):
$957 million, including capital expenditures of $NA (1988)
$88.9 million (f.o.b., 1989)
coconut products 79%, mother-of-pearl 14%, vanilla, shark meat
France 54%, US 17%, Japan 17%
$765 million (c.i.f., 1989)
fuels, foodstuffs, equipment
France 53%, US 11%, Australia 6%, NZ 5%
growth rate NA%; accounts for 15% of GDP
tourism, pearls, agricultural processing, handicrafts
coconut and vanilla plantations; vegetables and fruit; poultry, beef, dairy
products
Western (non-US) countries, ODA and OOF bilateral commitments (1970-88),
$3.95 billion
1 CFP franc (CFPF) = 100 centimes
Comptoirs Francais du Pacifique francs (CFPF) per US$1 - 96.25 (January
1995), 100.94 (1994), 102.96 (1993), 96.24 (1992), 102.57 (1991), 99.00
(1990); note - linked at the rate of 18.18 to the French franc
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