ief Administrator Robert POMMIES (since 26 September 1990)
Member of:
FZ, SPC
Diplomatic representation in US:
as an overseas territory of France, local interests are represented in the
US by France
*Wallis and Futuna, Government
US diplomatic representation:
none (overseas territory of France)
Flag:
the flag of France is used
*Wallis and Futuna, Economy
Overview:
The economy is limited to traditional subsistence agriculture, with about
80% of the labor force earning its livelihood 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. Wallis and
Futuna imports food, fuel, clothing, machinery, and transport equipment, but
its exports are negligible, consisting of copra and handicrafts.
National product:
GDP - exchange rate conversion - $25 million (1991 est.)
National product real growth rate:
NA%
National product per capita:
$1,500 (1991 est.)
Inflation rate (consumer prices):
NA%
Unemployment rate:
NA%
Budget:
revenues $2.7 million; expenditures $2.7 million, including capital
expenditures of $NA (1983)
Exports:
negligible
commodities:
copra, handicrafts
partners:
NA
Imports:
$13.3 million (c.i.f., 1984)
commodities: foodstuffs, manufactured goods, transportation equipment, fuel
partners:
France, Australia, New Zealand
External debt:
$NA
Industrial production:
growth rate NA%
Electricity:
1,200 kW capacity; 1 million kWh produced, 70 kWh per capita (1990)
Industries:
copra, handicrafts, fishing, lumber
Agriculture:
dominated by coconut production, with subsistence crops of yams, taro,
bananas, and herds of pigs and goats
Economic aid:
Western (non-US) countries, ODA and OOF bilateral commitments (1970-89),
$118 million
Currency:
1 CFP franc (CFPF) = 100 centimes
Exchange rates:
Comptoirs Francais du Pacifique francs (CFPF) per US$1 - 99.65 (January
1993), 96.24 (1992), 102.57 (1991), 99.0 (1990), 115.99 (1989), 108.30
(1988); note - linked at the rate of 18.18 to the French franc
Fiscal year:
NA
*Wallis and Futuna, Communications
Highways:
100 km on Ile Uvea, 16 km sealed; 20 km earth surface on Ile Futuna
Inland waterways:
none
Ports:
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