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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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