Economy - overview:
The economy is limited to traditional subsistence agriculture, with 80% of labor force earnings from agriculture (coconuts and vegetables), livestock (mostly pigs), and fishing. About 4% of the population is employed in government. Revenues come from French Government subsidies, licensing of fishing rights to Japan and South Korea, import taxes, and remittances from expatriate workers in New Caledonia.

GDP (purchasing power parity):
$60 million (2004 est.)
country comparison to the world: 223
[see also: GDP country ranks ]

GDP (official exchange rate):
$NA
[see also: GDP (official exchange rate) country ranks ]

GDP - real growth rate:
NA%
[see also: GDP - real growth rate country ranks ]

GDP - per capita:
$3,800 (2004 est.)
country comparison to the world: 170
[see also: GDP - per capita country ranks ]

GDP - composition, by sector of origin:
agriculture: NA%
industry: NA%
services: NA%

Agriculture - products:
coconuts, breadfruit, yams, taro, bananas; pigs, goats; fish

Industries:
copra, handicrafts, fishing, lumber

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

Labor force:
3,104 (2003)
country comparison to the world: 226
[see also: Labor force country ranks ]

Labor force - by occupation:
agriculture: 80%
industry: 4%
services: 16% (2001 est.)

Unemployment rate:
12.2% (2008)
country comparison to the world: 124
[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%
highest 10%: NA%

Budget:
revenues: $29,730
expenditures: $31,330 (2004)

Public debt:
5.6% of GDP (2004 est.)
country comparison to the world: 158
note: offical data; data cover general government debt, and includes debt instruments issued (or owned) by government entities other than the treasury; the data include treasury debt held by foreign entities; the data include debt issued by subnational entities, as well as intra-governmental debt; intra-governmental debt consists of treasury borrowings from surpluses in the social funds, such as for retirement, medical care, and unemployment; debt instruments for the social funds are not sold at public auctions
[see also: Public debt country ranks ]

Fiscal year:
calendar year

Inflation rate (consumer prices):
2.8% (2005)
country comparison to the world: 105
[see also: Inflation rate (consumer prices) country ranks ]

Exports:
$47,450 (2004)
country comparison to the world: 222
[see also: Exports country ranks ]

Exports - commodities:
copra, chemicals, construction materials

Imports:
$61.17 million (2004)
country comparison to the world: 217
[see also: Imports country ranks ]

Imports - commodities:
chemicals, machinery, consumer goods

Debt - external:
$3.67 million (2004)
country comparison to the world: 199
[see also: Debt - external country ranks ]

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