How rich is French Polynesia?

How poor is French Polynesia?

55 percent of people in French Polynesia’s most populous islands are earning less than $US1,150 a month while in France 16 percent are below the poverty mark. A quarter of the population in Tahiti receives no more than $US600 a month. … French Polynesia.

How does French Polynesia make money?

Learn about Bora-Bora, French Polynesia. Tourism is the country’s main economic activity. Many resources are used for local subsistence, including fruits, products from fishing and planting, and materials for the construction of traditional types of houses and canoes.

How much money does French Polynesia make from tourism?

Tourism revenue amounted to XPF 70.6 billion, i.e. 11% of the Polynesian GDP in 2019.

Who owns French Polynesia?

French Polynesia is a sprawling possession of France in the Pacific Ocean, made up of 118 volcanic and coral islands and atolls, including Tahiti. For France this huge stretch of the Pacific – as big as Western Europe – remains strategically valuable.

Is French Polynesia a poor country?

A study in French Polynesia has found that despite a generally high level of incomes, 55,000 people live in poverty. The study carried out on behalf of the French Development Agency found that 28 percent of the population is poor, defined as having just over 1,000 US dollars a month per family unit.

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Is French Polynesia a rich country?

The economy of French Polynesia is one of a developed country with a service sector accounting for 75%. French Polynesia’s GDP per capita is around $22,000, one of the highest in the Pacific region.

Economy of French Polynesia.

Statistics
Population below poverty line 19.7% (2009 est.)
Labour force 126,300 (2016 est.)

Is there poverty in Bora Bora?

The Main Island of Bora Bora is dirty, bad roads, poverty among its polynesian inhabitants, one can only access the 32km road that winds around the island, any side road that would bring you to the nice hill landscape is forbidden to walk or drive on, only one small beach !

How does Bora Bora make money?

Tourism is by far Bora Bora’s primary activity. The island has 12 four- and five-star hotels, including a Club Med. Other industries include deep-sea commercial fishing and the production of copra, vanilla and mother-of-pearl. The currency used in French Polynesia is the French Pacific Franc, abbreviated as CFP.

How many archipelagos does French Polynesia have?

French Polynesia, overseas collectivity of France consisting of five archipelagoes in the south-central Pacific Ocean.

Where do most people in French Polynesia live?

Only 65 of the islands are inhabited, and the overwhelming majority of French Polynesians live along the coastlines. The most inhabited island by far, with about 70 percent of the total population, is Tahiti, which also accounts for a quarter of the islands’ total land area.

How much money does Bora Bora make from tourism?

The attacks of September 11, 2001 in the U.S., and the 2008 economic crisis, have severely impacted tourism in French Polynesia. The number of visitors – mainly Americans and French – dropped from more than 260,000 in 2000 to less than 160,000 in 2011.

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Is Bora Bora owned by France?

The atoll is a part of France since the 19th century, its island capital is Vaitape. Tupai Atoll, nearby and uninhabited, is an administrative dependency of Bora Bora. Bora Bora is also a municipality, comprising the island of Bora Bora, and the atoll of Tupai.

Is French Polynesia safe?

The U.S. State Department gives French Polynesia its safest travel advisory level (Level 1), advising travelers to “exercise normal precautions” and noting that the country has “a low crime rate.”

Which country is closest to French Polynesia?

It is located in the middle of the South Pacific Ocean, approximately 6,000 kilometres east of Australia and 7,500 kilometres west of Chile. French Polynesia’s main island, Tahiti, became a French protectorate in 1842, and France took possession of French Polynesia as a whole in 1880.