Economy of French Polynesia

1917

The guano mining at Makatea started in 1917 and stopped in 1966 when the stocks were depleted. In 1962, France stationed military personnel in the region and started nuclear experimentations in Moruroa.

1962

The guano mining at Makatea started in 1917 and stopped in 1966 when the stocks were depleted. In 1962, France stationed military personnel in the region and started nuclear experimentations in Moruroa.

1966

The guano mining at Makatea started in 1917 and stopped in 1966 when the stocks were depleted. In 1962, France stationed military personnel in the region and started nuclear experimentations in Moruroa.

1990

Despite the high price of Tahitian dried vanilla on the international market, it usually still finds buyers in the high-end market because of the specificities of its cultivar and quality. In the 1990s, the commercial production of Noni started because of the supposed benefits of the juice of this fruit.

1998

In 1998 59.72% of French Polynesia's electricity came from fossil fuel with the remainder from hydropower. == Currency == French Polynesia uses the Comptoirs Francais du Pacifique franc (CFPF), with 1 CFP franc subdivided into 100 centimes.

1999

When France switched its currency to the euro in 1999 this static link remained true, so that the rate is now about 119.26 Pacifique franc to one euro (1 euro being exactly 6.55957 French francs).

2000

But this production was short-lived, falling quickly from 7000 tonnes in 2005 down to 2000 tonnes in 2008, as the plant can be easily farmed in any tropical climate, especially in countries with lower labor costs and more land. A small vineyard production exists in Rangiroa atoll and is aimed at the high-end market, capitalizing on its rarity and specificity of a vine grown on coral soil in a tropical island. == Electricity == French Polynesia's electricity production in 2004 was 477 GWh.

2004

But this production was short-lived, falling quickly from 7000 tonnes in 2005 down to 2000 tonnes in 2008, as the plant can be easily farmed in any tropical climate, especially in countries with lower labor costs and more land. A small vineyard production exists in Rangiroa atoll and is aimed at the high-end market, capitalizing on its rarity and specificity of a vine grown on coral soil in a tropical island. == Electricity == French Polynesia's electricity production in 2004 was 477 GWh.

2005

But this production was short-lived, falling quickly from 7000 tonnes in 2005 down to 2000 tonnes in 2008, as the plant can be easily farmed in any tropical climate, especially in countries with lower labor costs and more land. A small vineyard production exists in Rangiroa atoll and is aimed at the high-end market, capitalizing on its rarity and specificity of a vine grown on coral soil in a tropical island. == Electricity == French Polynesia's electricity production in 2004 was 477 GWh.

2008

The tourist industry was heavily impacted after the 9/11 terrorist attacks and the 2008 economic crises, and never really recovered since.

But this production was short-lived, falling quickly from 7000 tonnes in 2005 down to 2000 tonnes in 2008, as the plant can be easily farmed in any tropical climate, especially in countries with lower labor costs and more land. A small vineyard production exists in Rangiroa atoll and is aimed at the high-end market, capitalizing on its rarity and specificity of a vine grown on coral soil in a tropical island. == Electricity == French Polynesia's electricity production in 2004 was 477 GWh.

2016

In 2016 the exchange rate was 110.2 CFP francs per US dollar. == References == == See also == Economy of France in: French Guiana, French Polynesia, Guadeloupe, Martinique, Mayotte, New Caledonia, Réunion, Saint Barthélemy, Saint Martin, Saint Pierre and Miquelon, Wallis and Futuna Taxation in France Economic history of France Poverty in France *French Polynesia French Polynesia




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