New Fatherland Party (Ai'a Api) [Emile
VERNAUDON]; People's Rally for the Republic of Polynesia or RPR
(Tahoeraa Huiraatira) [Gaston FLOSSE]; The New Star (Te Fetia Api)
[Philippe SHYLE]; This Country is Yours (No Oe E Te Nunaa) [Nicle
BOUTEAU]; Union for Democracy or UPD [Oscar TEMARU]
Political pressure groups and leaders:
NA
International organization participation:
FZ, ICFTU, PIF (observer), UPU, 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
Economy French Polynesia
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 - $4.58 billion (2003 est.)
GDP - real growth rate:
4% (2001 est.)
GDP - per capita:
purchasing power parity - $17,500 (2001 est.)
GDP - composition by sector:
agriculture: 6%
industry: 18%
services: 76% (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% (2002 est.)
Labor force:
70,000 (1996)
Labor force - by occupation:
agriculture 13%, industry 19%, services 68% (1997)
Unemployment rate:
11.8% (1994)
Budget:
revenues: $1 billion
expenditures: $900 million, including capital expenditures
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