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: 219
[see also: GDP country ranks ]

GDP (official exchange rate):
$NA
[see also: GDP (official exchange rate) country ranks ]

GDP - real growth rate:
NA%
[see also: GDP - real growth rate country ranks ]

GDP - per capita (PPP):
$3,800 (2004 est.)
country comparison to the world: 159
[see also: GDP - per capita country ranks ]

GDP - composition by sector:
agriculture: NA%
[see also: GDP - composition by sector - agriculture country ranks ]
industry: NA%
[see also: GDP - composition by sector - industry country ranks ]
services: NA%
[see also: GDP - composition by sector - services country ranks ]

Labor force:
3,104 (2003)
country comparison to the world: 222
[see also: Labor force country ranks ]

Labor force - by occupation:
agriculture: 80%
[see also: Labor force - by occupation - agriculture country ranks ]
industry: 4%
[see also: Labor force - by occupation - industry country ranks ]
services: 16% (2001 est.)
[see also: Labor force - by occupation - services country ranks ]

Unemployment rate:
15.2% (2003)
country comparison to the world: 149
[see also: Unemployment rate country ranks ]

Population below poverty line:
NA%
[see also: Population below poverty line country ranks ]

Household income or consumption by percentage share:
lowest 10%: NA%
[see also: Household income or consumption by percentage share - lowest 10% country ranks ]
highest 10%: NA%
[see also: Household income or consumption by percentage share - highest 10% country ranks ]

Budget:
revenues: $29,730
[see also: Budget revenues country ranks ]
expenditures: $31,330 (2004)
[see also: Budget expenditures country ranks ]

Public debt:
5.6% of GDP (2004 est.)
country comparison to the world: 131
[see also: Public debt country ranks ]

Inflation rate (consumer prices):
2.8% (2005)
country comparison to the world: 45
[see also: Inflation rate (consumer prices) country ranks ]

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

Industries:
copra, handicrafts, fishing, lumber

Industrial production growth rate:
NA%
[see also: Industrial production growth rate country ranks ]

Electricity - production:
NA kWh
[see also: Electricity - production country ranks ]

Electricity - consumption:
NA kWh
[see also: Electricity - consumption country ranks ]

Electricity - exports:
0 kWh (2002)
[see also: Electricity - exports country ranks ]

Electricity - imports:
0 kWh (2002)
[see also: Electricity - imports country ranks ]

Exports:
$47,450 (2004)
country comparison to the world: 221
[see also: Exports country ranks ]

Exports - commodities:
copra, chemicals, construction materials

Imports:
$61.17 million (2004)
country comparison to the world: 216
[see also: Imports country ranks ]

Imports - commodities:
chemicals, machinery, consumer goods

Debt - external:
$3.67 million (2004)
country comparison to the world: 198
[see also: Debt - external country ranks ]

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