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.)
Debt - external
Debt - external 2004 $3.67 million (2004)
Budget
Revenues $32.54 million (2015 est.)
Expenditures $34.18 million (2015 est.)
Budget surplus (+) or deficit (-)
Imports (partners) Fiji 38%, France 31%, NZ 8%, Iceland 6%, Australia 5% (2022)
Comodities Imports force refined petroleum, beef products, poultry meats, engine parts, packaged medicines (2019)
Exports (partners) France 48%, Singapore 12%, US 10%, Guatemala 9%, UK 4% (2022)
Comodities Exports force integrated circuits, jewelry, cars, aircraft parts, polyacetals (2019)
GDP (official exchange rate)
GDP - composition, by sector of origin
Agriculture NA
Industry NA
Services NA
GDP - composition, by end use
Household consumption 26% (2005)
Government consumption 54% (2005)
All Important Facts about Wallis and Futuna

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Wallis and Futuna is found in Polynesia