The economy is limited to traditional subsistence agriculture, with about 80% of labor force earnings coming from agriculture (coconuts and vegetables), livestock (mostly pigs), and fishing. However, roughly 70% of the labor force is employed in the public sector, although only about a third of the population is in salaried employment.
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. France directly finances the public sector and health-care and education services. It also provides funding for key development projects in a range of areas, including infrastructure, economic development, environmental management, and health-care facilities.
A key concern for Wallis and Futuna is an aging population with consequent economic development issues. Very few people aged 18-30 live on the islands due to the limited formal employment opportunities. Improving job creation is a current priority for the territorial government.
N/A
0.9% (2015)
2.8% (2005)
$60 million (2004 est.)
$195 million (2005) (2005)
$3,800 (2004 est.)
agriculture: NA
industry: NA
services: NA
household consumption: 26% (2005)
government consumption: 54% (2005)
coconuts, breadfruit, yams, taro, bananas; pigs, goats; fish
copra, handicrafts, fishing, lumber
N/A
4,482 (2013)
agriculture: 74%
industry: 3%
services: 23% (2015 est.)
8.8% (2013 est.)
12.2% (2008 est.)
N/A
lowest 10%: NA
highest 10%: NA
revenues: 32.54 million NA (2015 est.)
expenditures: 34.18 million NA (2015 est.)
16.7% (of GDP) NA (2015 est.)
-0.8% (of GDP) NA (2015 est.)
5.6% of GDP (2004 est.)
note: offical data; data cover general government debt and include 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 intragovernmental debt; intragovernmental 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
calendar year
$47,450 (2004 est.)
Singapore 47%, France 32%, Belgium 9% (2019)
integrated circuits, jewelry, cars, aircraft parts, polyacetals (2019)
$61.17 million (2004 est.)
France 43%, Fiji 24%, New Zealand 11%, Australia 6% (2019)
refined petroleum, beef products, poultry meats, engine parts, packaged medicines (2019)
$3.67 million (2004)
Comptoirs Francais du Pacifique francs (XPF) per US dollar -
110.2 (2015 est.)
89.8 (2014 est.)
89.85 (2013 est.)
90.56 (2012 est.)
NOTE: The information regarding Wallis and Futuna on this page is re-published from the 2021 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Wallis and Futuna 2021 information contained here. All suggestions for corrections of any errors about Wallis and Futuna 2021 should be addressed to the CIA or the source cited on each page.
This page was last modified 16 Dec 23, Copyright © 2023 ITA all rights reserved.