a high proportion of the work force is either employed by
the military or supports the tourist industry. With the halt of French
nuclear testing in 1996, the military contribution to the economy fell
sharply. Tourism accounts for about one-fourth of GDP and is a primary
source of hard currency earnings. Other sources of income are pearl
farming and deep-sea commercial fishing. The small manufacturing sector
primarily processes agricultural products. The territory substantially
benefits from development agreements with France aimed principally at
creating new businesses and strengthening social services.

GDP: purchasing power parity - $1.3 billion (2001 est.)

GDP - real growth rate: 4% (2001 est.)

GDP - per capita: purchasing power parity - $5,000 (2001 est.)

GDP - composition by sector: agriculture: 6% industry: 18% services: 76%
(1997)

Population below poverty line: NA%

Household income or consumption by percentage share: lowest 10%: NA%
highest 10%: NA%

Inflation rate (consumer prices): 1.5% (1994)

Labor force: 70,000 (1996)

Labor force - by occupation: agriculture 13%, industry 19%, services 68%
(1997)

Unemployment rate: NA%

Budget: revenues: $1 billion expenditures: $900 million, including
capital expenditures of $185 million (1996)

Industries: tourism, pearls, agricultural processing, handicrafts

Industrial production growth rate: NA%

Electricity - production: 408 million kWh (2000)

Electricity - production by source: fossil fuel: 53.92% hydro: 46.08%
other: 0% (2000) nuclear: 0%

Electricity - consumption: 379.44 million kWh (2000)

Electricity - exports: 0 kWh (2000)

Electricity - imports: 0 kWh (2000)

Agriculture - products: coconuts, vanilla, vegetables, fruits; poultry,
beef, dairy products

Exports: $205 million (f.o.b., 1999)

Exports - commodities: cultured pearls 50%, coconut products,
mother-of-pearl, vanilla, shark meat (1997)

Exports - partners: Japan 62%, US 21% (1999)

Imports: $749 million (f.o.b., 1999)

Imports - commodities: fuels, foodstuffs, equipment

Imports - partners: France 53%, US 13%, Australia 10% (1999)

Debt - external: $NA

Economic aid - recipient: $367 million (1997)

Currency: Comptoirs Francais du Pacifique franc (XPF)

Currency code: XPF

Exchange rates: Comptoirs Francais du Pacifique francs (XPF) per US
dollar - 135.04 (January 2002), 133.26 (2001), 129.44 (2000), 111.93
(1999), 107.25 (199