Part 262

Judicial branch: Court of Appeal; Court of the First Instance; Court of Administrative Law

Political parties and leaders: People's Rally for the Republic (Tahoeraa Huiraatira), Gaston FLOSSE; Polynesian Union Party (includes Te Tiarama and Here Ai'a Party), Jean JUVENTIN; New Fatherland Party (Ai'a Api), Emile VERNAUDON; Independent Party (Ia Mana Te Nunaa), Jacques DROLLET; Te Aratia Ote Nunaa, Tinomana EBB; Haere i Mua, Alexandre LEONTIEFF; other small parties

International organization participation: ESCAP (associate), FZ, ICFTU, SPC, WMO

Diplomatic representation in US: none (overseas territory of France)

US diplomatic representation: none (overseas territory of France)

Flag: two narrow red horizontal bands encase a wide white band; centered on the white band is a disk with blue and white wave pattern on the lower half and gold and white ray pattern on the upper half; a stylized red, blue and white ship rides on the wave pattern; the French flag is used for official occasions

Economy -------

Economic overview: Since 1962, when France stationed military personnel in the region, French Polynesia has changed from a subsistence economy to one in which a high proportion of the work force is either employed by the military or supports the tourist industry. Tourism accounts for about 20% of GDP and is a primary source of hard currency earnings. The territory will continue to benefit from a five-year (1994-98) development agreement with France aimed principally at creating new jobs.

GDP: purchasing power parity - $1.76 billion (1995 est.)

GDP real growth rate: NA%

GDP per capita: $8,000 (1995 est.)

GDP composition by sector: agriculture: 4% industry: 18% services: 78% (1992 est.)

Inflation rate (consumer prices): 1.5% (1994)

Labor force: 76,630 employed (1988) by occupation: agriculture 13%, industry 19%, services 68% (1992 est.)

Unemployment rate: NA%

Budget: revenues: $686 million expenditures: $884 million, including capital expenditures of $NA (1989)

Industries: tourism, pearls, agricultural processing, handicrafts

Industrial production growth rate: NA%

Electricity: capacity: 75,000 kW production: 334 million kWh consumption per capita: 1,189 kWh (1994)

Agriculture: coconuts, vanilla, vegetables, fruits; poultry, beef, dairy products

Exports: $230 million (f.o.b., 1994) commodities: cultured pearls 41.6%, coconut products, mother-of-pearl, vanilla, shark meat (1992) partners: France 34%, US 10% (1992)

Imports: $912 million (c.i.f., 1994) commodities: fuels, foodstuffs, equipment partners: ECE 64% (France 45.4%), US 13.6%, Australia 6.9%, NZ 5.8%, Japan 5% (1992)

External debt: $NA

Economic aid: recipient: ODA, $NA

Currency: 1 CFP franc (CFPF) = 100 centimes

Exchange rates: Comptoirs Francais du Pacifique francs (CFPF) per US$1 - 91.00 (January 1996), 90.75 (1995), 100.94 (1994), 102.96 (1993), 96.24 (1992), 102.57 (1991); note - linked at the rate of 18.18 to the French franc

Fiscal year: calendar year

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