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EconomyEconomy - 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) World Ranking: 168
$4.718 billion (2004 est.)
$4.58 billion (2003 est.) Gdp (official exchange rate)
$6.1 billion (2004)
Gdp - real growth rate World Ranking: 128
2.7% (2005)
5.1% (2002) Gdp - per capita (ppp) World Ranking: 68
$18,000 (2004 est.)
$17,500 (2003 est.) Gdp - composition by sector
Agriculture 3.5%
Industry 20.4% Services 76.1% (2005) Labor force World Ranking: 180
116,000 (2007)
Labor force - by occupation
Agriculture 13%
Industry 19% Services 68% (2002) Unemployment rate World Ranking: 123
11.7% (2005)
Population below poverty line
NA%
Household income or consumption by percentage share
Lowest 10% NA%
Highest 10% NA% Budget
Revenues $865 million
Expenditures $644.1 million (1999) Taxes and other revenues World Ranking: 198
14.2% of GDP (1999)
Budget surplus (+) or deficit (-) World Ranking: 20
3.6% of GDP (1999)
Inflation rate (consumer prices) World Ranking: 10
1.1% (2007)
1.1% (2006 est.) Market value of publicly traded shares
$NA
Agriculture - products
Coconuts, vanilla, vegetables, fruits, coffee; poultry, beef, dairy products; fish Industries
Tourism, pearls, agricultural processing, handicrafts, phosphates Industrial production growth rate
NA%
Electricity - production World Ranking: 151
670 million kWh (2008 est.)
Electricity - consumption World Ranking: 158
623.1 million kWh (2008 est.)
Electricity - exports
0 kWh (2009 est.)
Electricity - imports
0 kWh (2009 est.)
Oil - production World Ranking: 173
0 bbl/day (2010 est.)
Oil - consumption World Ranking: 159
8,000 bbl/day (2010 est.)
Oil - exports World Ranking: 157
0 bbl/day (2009 est.)
Oil - imports World Ranking: 147
6,611 bbl/day (2009 est.)
Oil - proved reserves World Ranking: 132
0 bbl (1 January 2011 est.)
Natural gas - production World Ranking: 182
0 cu m (2009 est.)
Natural gas - consumption World Ranking: 177
0 cu m (2009 est.)
Natural gas - exports World Ranking: 99
0 cu m (2009 est.)
Natural gas - imports World Ranking: 192
0 cu m (2009 est.)
Natural gas - proved reserves World Ranking: 178
0 cu m (1 January 2011 est.)
Exports World Ranking: 183
$211 million (2005 est.)
Exports - commodities
Cultured pearls, coconut products, mother-of-pearl, vanilla, shark meat Imports World Ranking: 164
$1.706 billion (2005 est.)
Imports - commodities
Fuels, foodstuffs, machinery and equipment Debt - external
$NA
Exchange rates
Comptoirs Francais du Pacifique francs (XPF) per US dollar - 90.01 (2010 est.)87.59 (2007) Fiscal year
Calendar year
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French Polynesia (Overseas Territory):
 
GPS points from French Polynesia (Overseas Territory)
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The French annexed various Polynesian island groups during the 19th century. In September 1995, France stirred up widespread protests by resuming nuclear testing on the Mururoa atoll after a three-year moratorium. The tests were suspended in January 1996. In recent years, French Polynesia's autonomy has been considerably expanded.