| 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. |
|
| GDP - real growth rate | NA% |
|
| GDP - composition by sector | agriculture: NA%
industry: NA%
services: NA% |
|
| Population below poverty line | NA% |
|
Household income or consumption
by percentage share | lowest 10%: NA%
highest 10%: NA% |
|
| Labor force | 3,104 (2003) |
|
| Labor force - by occupation | agriculture: 80%
industry: 4%
services: 16% (2001 est.) |
|
| Unemployment rate | 15.2% (2003) |
|
| Budget | revenues: $29,730
expenditures: $31,330 (2004 est.) |
|
| Industries | copra, handicrafts, fishing, lumber |
|
| Industrial production growth rate | NA% |
|
Electricity -
production | NA kWh |
|
Electricity -
production by source | fossil fuel: 0%
hydro: 0%
nuclear: 0%
other: 0% |
|
Electricity -
consumption | NA kWh |
|
Electricity -
exports | 0 kWh (2002) |
|
Electricity -
imports | 0 kWh (2002) |
|
| Agriculture - products | breadfruit, yams, taro, bananas; pigs, goats; fish |
|
| Exports | $47,450 f.o.b. (2004) |
|
| Exports - commodities | copra, chemicals, construction materials |
|
| Exports - partners | Italy 40%, Croatia 15%, US 14%, Denmark 13% (2004) |
|
| Imports | $61.17 million f.o.b. (2004) |
|
| Imports - commodities | chemicals, machinery, passenger ships, consumer goods |
|
| Imports - partners | France 97%, Australia 2%, NZ 1% (2004) |
|
| Debt - external | $3.67 million (2004) |
|
| Economic aid - recipient | assistance from France, $NA |
|
| Currency code | XPF |
|
| Exchange rates | Comptoirs Francais du Pacifique francs (XPF) per US dollar - 95.03 (2006), 95.89 (2005), 96.04 (2004), 105.66 (2003), 126.71 (2002) |
|
| Fiscal year | calendar year |
|
