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.)
country comparison to the world: 223
[see also: GDP country ranks ]

GDP (official exchange rate):
$NA

GDP - real growth rate:
NA%

GDP - per capita (PPP):
$3,800 (2004 est.)
country comparison to the world: 165

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

Labor force:
3,104 (2003)
country comparison to the world: 225

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

Unemployment rate:
15.2% (2003)
country comparison to the world: 147

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.)
country comparison to the world: 146

Inflation rate (consumer prices):
2.8% (2005)
country comparison to the world: 68

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

Industries:
copra, handicrafts, fishing, lumber

Industrial production growth rate:
NA%

Exports:
$47,450 (2004)
country comparison to the world: 222

Exports - commodities:
copra, chemicals, construction materials

Imports:
$61.17 million (2004)
country comparison to the world: 217

Imports - commodities:
chemicals, machinery, consumer goods

Debt - external:
$3.67 million (2004)
country comparison to the world: 200

Exchange rates:
Comptoirs Francais du Pacifique francs (XPF) per US dollar -