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Wallis and Futuna:
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Other pages in this profile of Wallis and Futuna:
Geography, People, Government, Communications & Transportation, Military & Transnational Issues.
Geography, People, Government, Communications & Transportation, Military & Transnational Issues.
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Economy - overview |
Definition 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) |
Definition - World rank and map $60 million (2004 est.) |
GDP (official exchange rate) |
Definition $NA |
GDP - real growth rate |
Definition - World rank and map NA% |
GDP - per capita |
Definition - World rank and map $3,800 (2004 est.) |
GDP - composition by sector |
Definition agriculture: NA% industry: NA% services: NA% |
Labor force |
Definition 3,104 (2003) |
Labor force - by occupation |
Definition agriculture: 80% industry: 4% services: 16% (2001 est.) |
Unemployment rate |
Definition - World rank and map 15.2% (2003) |
Population below poverty line |
Definition NA% |
Household income or consumption by percentage share |
Definition lowest 10%: NA% highest 10%: NA% |
Inflation rate (consumer prices) |
Definition - World rank and map 2.8% (2005) |
Budget |
Definition revenues: $29,730 expenditures: $31,330 (2004) |
Public debt |
Definition - World rank and map 5.6% of GDP (2004 est.) |
Agriculture - products |
Definition breadfruit, yams, taro, bananas; pigs, goats; fish |
Industries |
Definition copra, handicrafts, fishing, lumber |
Industrial production growth rate |
Definition - World rank and map NA% |
Electricity - production |
Definition - World rank and map NA kWh |
Electricity - consumption |
Definition - World rank and map NA kWh |
Electricity - exports |
Definition 0 kWh (2002) |
Electricity - imports |
Definition 0 kWh (2002) |
Exports |
Definition - World rank and map $47,450 f.o.b. (2004) |
Exports - commodities |
Definition copra, chemicals, construction materials |
Exports - partners |
Definition Italy 40%, Croatia 15%, US 14%, Denmark 13% (2006) |
Imports |
Definition - World rank and map $61.17 million f.o.b. (2004) |
Imports - commodities |
Definition chemicals, machinery, passenger ships, consumer goods |
Imports - partners |
Definition France 97%, Australia 2%, NZ 1% (2006) |
Debt - external |
Definition - World rank and map $3.67 million (2004) |
Economic aid - recipient |
Definition assistance from France, $NA |
Currency (code) |
Definition Comptoirs Francais du Pacifique franc (XPF) |
Exchange rates |
Definition Comptoirs Francais du Pacifique francs (XPF) per US dollar - NA (2007), 95.03 (2006), 95.89 (2005), 96.04 (2004), 105.66 (2003) |
Fiscal year |
Definition calendar year |
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