Oceania > Wallis and Futuna > Economy

View full size

Agriculture > products breadfruit, yams, taro, bananas; pigs, goats
Budget > Expenditures	$31,330.00		[23rd of 165]
Budget > Revenues	$29,730.00		[24th of 166]
Currency Comptoirs Francais du Pacifique franc
Debt > External	$3,670,000.00		[28th of 136]
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.
Exchange rates Comptoirs Francais du Pacifique francs (XPF) per US dollar - 96.04 (2004), 105.66 (2003), 126.71 (2002), 133.26 (2001), 129.43 (2000)
Exports	$47,450.00		[60th of 189]
Exports > Commodities copra, chemicals, construction materials
Exports > Partners Italy 40%, Croatia 15%, US 14%, Denmark 13%
Exports to US	$0.00		[225th of 224]
Fiscal year	calendar year
GDP	$57,590,000.00		[202nd of 203]
GDP (purchasing power parity)	$60,000,000.00		[16th of 187]
Imports	$61,170,000.00		[55th of 185]
Imports > Commodities chemicals, machinery, passenger ships, consumer goods
Imports from US	$300,000.00		[205th of 224]
Industries copra, handicrafts, fishing, lumber
Inflation rate (consumer prices)	2.8%		[126th of 192]
Trade balance with US	$300,000.00		[95th of 224]

Related links:

• Forum discussion > Economy
• Looking for Information on the U.S. Economy? Check out StateMaster
• Stay updated with current stat feeds! Subscribe to the Economy RSS / Atom feeds
•  Subscribe to our popular Economy factoids RSS / Atom feeds
• Save this page on  del.icio.us / furl / your bookmarks

More facts and figures on Wallis and Futuna