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French Polynesia Economy 2011
https://theodora.com/wfb2011/french_polynesia/french_polynesia_economy.html
SOURCE: 2011 CIA WORLD FACTBOOK AND OTHER SOURCES


















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Page last updated on January 11, 2011

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: 163

$4.58 billion (2003 est.)
[see also: GDP (purchasing power parity) 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: 134

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

GDP - per capita:
$18,000 (2004 est.)
country comparison to the world: 66

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

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

Unemployment rate:
11.7% (2005)
country comparison to the world: 125
[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%
[see also: Household income or consumption by percentage share - highest 10% country ranks ]

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

Inflation rate (consumer prices):
1.1% (2007)
country comparison to the world: 23

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

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

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

Electricity - production:
650 million kWh (2007 est.)
country comparison to the world: 155
[see also: Electricity - production country ranks ]

Electricity - consumption:
604.5 million kWh (2007 est.)
country comparison to the world: 156
[see also: Electricity - consumption country ranks ]

Electricity - exports:
0 kWh (2008 est.)
[see also: Electricity - exports country ranks ]

Electricity - imports:
0 kWh (2008 est.)
[see also: Electricity - imports country ranks ]

Oil - production:
0 bbl/day (2009 est.)
country comparison to the world: 174
[see also: Oil - production country ranks ]

Oil - consumption:
7,000 bbl/day (2009 est.)
country comparison to the world: 160
[see also: Oil - consumption country ranks ]

Oil - exports:
0 bbl/day (2007 est.)
country comparison to the world: 155
[see also: Oil - exports country ranks ]

Oil - imports:
6,701 bbl/day (2007 est.)
country comparison to the world: 149
[see also: Oil - imports country ranks ]

Oil - proved reserves:
0 bbl (1 January 2010 est.)
country comparison to the world: 179
[see also: Oil - proved reserves country ranks ]

Natural gas - production:
0 cu m (2008 est.)
country comparison to the world: 195
[see also: Natural gas - production country ranks ]

Natural gas - consumption:
0 cu m (2008 est.)
country comparison to the world: 184
[see also: Natural gas - consumption country ranks ]

Natural gas - exports:
0 cu m (2008 est.)
country comparison to the world: 178
[see also: Natural gas - exports country ranks ]

Natural gas - imports:
0 cu m (2008 est.)
country comparison to the world: 179
[see also: Natural gas - imports country ranks ]

Natural gas - proved reserves:
0 cu m (1 January 2010 est.)
country comparison to the world: 178
[see also: Natural gas - proved reserves country ranks ]

Exports:
$211 million (2005 est.)
country comparison to the world: 181
[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: 157
[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 - 87.59 (2007), 94.97 (2006), 95.89 (2005), 96.04 (2004), 105.66 (2003)
note: pegged at the rate of 119.25 XPF to the euro


NOTE: The information regarding French Polynesia on this page is re-published from the 2011 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of French Polynesia Economy 2011 information contained here. All suggestions for corrections of any errors about French Polynesia Economy 2011 should be addressed to the CIA.



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This page was last modified 09-Feb-11
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