SPC, WMO

Diplomatic representation in the US: none (overseas territory of
France)

Diplomatic representation from the US: none (overseas territory of
France)

Flag description: two narrow red horizontal bands encase a wide
white band; centered on the white band is a disk with blue and white
wave pattern on the lower half and gold and white ray pattern on the
upper half; a stylized red, blue and white ship rides on the wave
pattern; the French flag is used for official occasions

French Polynesia Economy

Economy - overview: 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 one-fourth of GDP and is a
primary source of hard currency earnings. The small manufacturing
sector primarily processes agricultural products. The territory
benefited from a five-year (1994-98) development agreement with
France aimed principally at creating new jobs.

GDP: purchasing power parity - $2.6 billion (1997 est.)

GDP - real growth rate: 2.5% (1997 est.)

GDP - per capita: purchasing power parity - $10,800 (1997 est.)

GDP - composition by sector: agriculture: 4%

industry: 18%

services: 78% (1997)

Population below poverty line: NA%

Household income or consumption by percentage share: lowest 10%: NA%

highest 10%: NA%

Inflation rate (consumer prices): 1.5% (1994)

Labor force: 70,000 (1996)

Labor force - by occupation: agriculture 13%, industry 19%, services
68% (1997)

Unemployment rate: 15% (1992 est.)

Budget: revenues: $1 billion

expenditures: $900 million, including capital expenditures of $185
million (1996)

Industries: tourism, pearls, agricultural processing, handicrafts

Industrial production growth rate: NA%

Electricity - production: 430 million kWh (1999)

Electricity - production by source: fossil fuel: 51.16%

hydro: 48.84%

nuclear: 0%

other: 0% (1999)

Electricity - consumption: 399.9 million kWh (1999)

Electricity - exports: 0 kWh (1999)

Electricity - imports: 0 kWh (1999)

Agriculture - products: coconuts, vanilla, vegetables, fruits;
poultry, beef, dairy products

Exports: $205 million (f.o.b., 1999)

Exports - commodities: cultured pearls 50%, coconut products,
mother-of-pearl, vanilla, shark meat (1997)

Exports - partners: Ja