gh proportion of the work
force is either employed by the military or supports the tourist
industry. Tourism accounts for about 20% of GDP and is a primary
source of hard currency earnings. The territory will continue to
benefit from a five-year (1994-98) development agreement with France
aimed principally at creating new jobs.

GDP: purchasing power parity - $1.76 billion (1995 est.)

GDP real growth rate: NA%

GDP per capita: $8,000 (1995 est.)

GDP composition by sector:
agriculture: 4%
industry: 18%
services: 78% (1992 est.)

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

Labor force: 76,630 employed (1988)
by occupation: agriculture 13%, industry 19%, services 68% (1992
est.)

Unemployment rate: NA%

Budget:
revenues: $686 million
expenditures: $884 million, including capital expenditures of $NA
(1989)

Industries: tourism, pearls, agricultural processing, handicrafts

Industrial production growth rate: NA%

Electricity:
capacity: 75,000 kW
production: 334 million kWh
consumption per capita: 1,189 kWh (1994)

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

Exports: $230 million (f.o.b., 1994)
commodities: cultured pearls 41.6%, coconut products,
mother-of-pearl, vanilla, shark meat (1992)
partners: France 34%, US 10% (1992)

Imports: $912 million (c.i.f., 1994)
commodities: fuels, foodstuffs, equipment
partners: ECE 64% (France 45.4%), US 13.6%, Australia 6.9%, NZ 5.8%,
Japan 5% (1992)

External debt: $NA

Economic aid:
recipient: ODA, $NA

Currency: 1 CFP franc (CFPF) = 100 centimes

Exchange rates: Comptoirs Francais du Pacifique francs (CFPF) per
US$1 - 91.00 (January 1996), 90.75 (1995), 100.94 (1994), 102.96
(1993), 96.24 (1992), 102.57 (1991); note - linked at the rate of
18.18 to the French franc

Fiscal year: calendar year

Transportation
--------------

Railways: 0 km

Highways:
total: 792 km
paved: 792 km (1995 est.)

Ports: Mataura, Papeete, Rikitea, Uturoa

Merchant marine:
total: 3 ships (1,000 GRT or over) totaling 4,127 GRT/6,710 DWT
ships by type: passenger-cargo 2, refrigerated cargo 1 (1995 est.)

Airports:
total: 41
with paved runways over 3 047 m: 2
with paved runways 1 524 to 2 437 m: 5
with paved runways 914 to 1 523 m: 13
with paved runways under 914 m: 15
with unpaved runways 914 to 1 523 m: 6 (1995 est.)

Communications