Here is your first Forum » Economy of French Polynesia

The currency of the country is cfp franc. The symbol used for this currency is Fr, and it is abbreviated as XPF. 20.8% of population in the country are unemployed. The total number of unemployed people in French Polynesia is 59,459. Each year, French Polynesia exports around $0.2 billion and imports roughly $2.2 billion. The Gini Index of the country is 39.67. French Polynesia has a government debt of 17% of the country's Gross Domestic Product (GDP), as assessed in 2013. French Polynesia is considered to be a developed nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. Major industries in the country are tourism, pearls, agricultural processing, handicrafts, phosphates.

The total Gross Domestic Product (GDP) assessed as Purchasing Power Parity (PPP) in French Polynesia is $7 billion. Each year, consumers spend around $4,640 million. The ratio of consumer spending to GDP in French Polynesia is 0%, and the ratio of consumer spending to the world consumer market is 0.0134. The corporate tax in French Polynesia is set at 40%. VAT in French Polynesia is 16%.