Wallis and Futuna - Economy
How is the economy of Wallis and Futuna? Based on the information we have, Wallis and Futuna has a lower-middle-income, agrarian French dependency economy; heavily reliant on French subsidies; licenses fishing rights to Japan and South Korea; major remittances from New Caledonia; aging workforce; import-dependent; deforestation-fueled fragility. Key agricultural products in this country include: coconuts, breadfruit, yams, taro, bananas; pigs, goats; fish.
More about the economy of Wallis and Futuna
Labor force
Industrial production growth rate
Industries copra, handicrafts, fishing, lumber
Population below poverty line
Taxes and other revenues 16.7% (of GDP) (2015 est.)
Fiscal year
Exchange rates
Currency Comptoirs Francais du Pacifique francs (XPF) per US dollar -
Exchange rates 2023 110.347 (2023 est.)
Exchange rates 2022 113.474 (2022 est.)
Exchange rates 2021 100.88 (2021 est.)
Exchange rates 2020 104.711 (2020 est.)
Exchange rates 2019 110.347 (2019 est.)
Budget
Revenues $32.54 million (2015 est.)
Expenditures $34.18 million (2015 est.)
Budget surplus (+) or deficit (-)
Imports (partners) Fiji 35%, France 32%, NZ 11%, Australia 6%, China 4% (2023)
Comodities Imports force refined petroleum, prepared meat, poultry, iron pipe fittings, animal food (2023)
Exports (partners) Denmark 35%, Sweden 14%, Netherlands 14%, Pakistan 9%, Poland 7% (2023)
Comodities Exports force seats (2023)
GDP (official exchange rate)
All Important Facts about Wallis and Futuna

Want to know more about Wallis and Futuna? Check all different factbooks for Wallis and Futuna below.

Wallis and Futuna is found in Polynesia