none (overseas territory of France)
Flag description:
unofficial, local flag has a red field with four white isosceles
triangles in the middle, representing the three native kings of the
islands and the French administrator; the apexes of the triangles
are oriented inward and at right angles to each other; the flag of
France, outlined in white on two sides, is in the upper hoist
quadrant; the flag of France is the only official flag
Economy Wallis and Futuna
Economy - overview:
The economy is limited to traditional subsistence agriculture, with
about 80% of labor force earnings from agriculture (coconuts and
vegetables), livestock (mostly pigs), and fishing. About 4% of the
population is employed in government. 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.
GDP (purchasing power parity):
$60 million (2004 est.)
GDP (official exchange rate):
NA
GDP - real growth rate:
NA%
GDP - per capita (PPP):
$3,800 (2004 est.)
GDP - composition by sector:
agriculture: NA%
industry: NA%
services: NA%
Labor force:
3,104 (2003)
Labor force - by occupation:
agriculture: 80%
industry: 4%
services: 16% (2001 est.)
Unemployment rate:
15.2% (2003)
Population below poverty line:
NA%
Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices):
2.8% (2005)
Budget:
revenues: $29,730
expenditures: $31,330 (2004)
Public debt:
5.6% of GDP (2004 est.)
Agriculture - products:
breadfruit, yams, taro, bananas; pigs, goats; fish
Industries:
copra, handicrafts, fishing, lumber
Industrial production growth rate:
NA%
Electricity - production:
NA kWh
Electricity - production by source:
fossil fuel: 0%
hydro: 0%
nuclear: 0%
other: 0%
Electricity - consumption:
NA kWh
Electricity - exports:
0 kWh (2002)
Electricity - imports:
0 kWh (2002)
Exports:
$47,450 f.o.b. (2004)
Exports - commodities:
copra, chemicals, construction materials
Exports - partners:
Italy 40%, Croatia 15%, US 14%, Denmark 13% (2004)
Imports:
$61.17 million f.o.b. (2004)
Imports - commodities:
chemicals, machinery, passenger ships, consumer goods
Imports - partners:
France 97%, Australia 2%, NZ 1% (2004)
Deb
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