Wallis and Futuna Islands Economic Statistics and Indicators
17, Jan 2021, EST. Welcome to the Wallis and Futuna Islands economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.
Economic Indicators For: Wallis and Futuna › Change country
National or Regional Currency: Pacific Franc, XPF
Year of data: 2015 › Change year
Number of Indicators Listed:
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 15,561 (July 2014 est.)
Area: total: 142 sq km ; land: 142 sq km ; water: 0 sq km ; note: includes Ile Uvea (Wallis Island), Ile Futuna (Futuna Island), Ile Alofi, and 20 islets
Natural Resources: NEGL
Capital: name: Mata-Utu (on Ile Uvea) ; geographic coordinates: 13 57 S, 171 56 W ; time difference: UTC+12 (17 hours ahead of Washington, DC, during Standard Time)
The economy is limited to traditional subsistence agriculture, with 80% of labor force earnings from agriculture (coconuts and vegetables), livestock (mostly pigs), and fishing. About 4% of the population is employed in government. Revenues come from French Government subsidies, licensing of fishing rights to Japan and South Korea, import taxes, and remittances from expatriate workers in New Caledonia.
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