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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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