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Wallis and Futuna Economy 2010
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SOURCE: 2010 CIA WORLD FACTBOOK AND OTHER SOURCES

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Wallis and Futuna Economy 2010
SOURCE: 2010 CIA WORLD FACTBOOK AND OTHER SOURCES


Page last updated on January 15, 2010

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 (purchasing power parity):
$60 million (2004 est.)

GDP (official exchange rate):
$NA

GDP - real growth rate:

GDP - per capita (PPP):
$3,800 (2004 est.)

GDP - composition by sector:
agriculture: NA%
industry: NA%
services: NA%

Labor force:
3,104 (2003)

Labor force - by occupation:
agriculture: 80%
industry: 4%
services: 16% (2001 est.)

Unemployment rate:
15.2% (2003 est.)

Population below poverty line:
NA%

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

Budget:
revenues: $29,730
expenditures: $31,330 (2004 est.)

Public debt:
5.6% of GDP (2004 est.)

Inflation rate (consumer prices):
2.8% (2005 est.)

Agriculture - products:
coconuts, breadfruit, yams, taro, bananas; pigs, goats; fish

Industries:
copra, handicrafts, fishing, lumber

Industrial production growth rate:
NA%

Electricity - production:
NA kWh

Electricity - consumption:
NA kWh

Electricity - exports:
0 kWh (2002)

Electricity - imports:
0 kWh (2002)

Exports:
$47,450 (2004 est.)

Exports - commodities:
copra, chemicals, construction materials

Imports:
$61.17 million (2004 est.)

Imports - commodities:
chemicals, machinery, passenger ships, consumer goods

Debt - external:
$3.67 million (2004 est.)

Exchange rates:
Comptoirs Francais du Pacifique francs (XPF) per US dollar - 87.59 (2007), 94.97 (2006), 95.89 (2005), 96.04 (2004), 105.66 (2003)


NOTE: The information regarding Wallis and Futuna on this page is re-published from the 2010 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Wallis and Futuna Economy 2010 information contained here. All suggestions for corrections of any errors about Wallis and Futuna Economy 2010 should be addressed to the CIA.






This page was last modified 09-Feb-10
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