Polynesia has changed from a subsistence economy to one in which a high
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.
National product:
GDP - exchange rate conversion - $1.2 billion (1991 est.)
National product real growth rate:
NA%
National product per capita:
$6,000 (1991 est.)
Inflation rate (consumer prices):
2.9% (1989)
Unemployment rate:
14.9% (1988 est.)
Budget:
revenues $614 million; expenditures $957 million, including capital
expenditures of $NA (1988)
Exports:
$88.9 million (f.o.b., 1989)
commodities:
coconut products 79%, mother-of-pearl 14%, vanilla, shark meat
partners:
France 54%, US 17%, Japan 17%
Imports:
$765 million (c.i.f., 1989)
commodities:
fuels, foodstuffs, equipment
partners:
France 53%, US 11%, Australia 6%, NZ 5%
External debt:
$NA
Industrial production:
growth rate NA%
Electricity:
75,000 kW capacity; 275 million kWh produced, 1,330 kWh per capita (1992)
Industries:
tourism, pearls, agricultural processing, handicrafts
Agriculture:
coconut and vanilla plantations; vegetables and fruit; poultry, beef, dairy
products
Economic aid:
Western (non-US) countries, ODA and OOF bilateral commitments (1970-88),
$3.95 billion
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), 99.00 (1990), 115.99 (1989), 108.30
(1988); note - linked at the rate of 18.18 to the French franc
Fiscal year:
calendar year

*French Polynesia, Communications

Highways:
600 km (1982)
Ports:
Papeete, Bora-bora
Merchant marine:
3 ships (1,000 GRT or over) totaling 4,127 GRT/6,710 DWT; includes 2
passenger-cargo, 1 refrigerated cargo; note - a captive subset of the French
register
Airports:
total:
43
usable:
41
with permanent-surface runways:
23
with runways over 3,659 m:
0
with runways 2,440-3,659 m:
2 with runways 1,220-2,439 m:
12
Telecommunications:
33,200 telephones; 84,000 radio receivers; 26,400 TV sets; broadcast
stations - 5 AM, 2 FM, 6 TV; 1 Pacific Ocean INTELSAT earth station

*French Polynesia, Defense Forces

Branches:
French forces (including Army, Navy, Air Force), Gendarmerie
Note:
defense is responsibility of France