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Since 1962, when France stationed military personnel in the region, French Polynesia has changed from a subsistence economy to one in which a high proportion of the work force is either employed by the military or supports the tourist industry. With the halt of French nuclear testing in 1996, the military contribution to the economy fell sharply. Tourism accounts for about one-fourth of GDP and is a primary source of hard currency earnings. Other sources of income are pearl farming and deep-sea commercial fishing. The small manufacturing sector primarily processes agricultural products. The territory substantially benefits from development agreements with France aimed principally at creating new businesses and strengthening social services.
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Tourism, pearls, agricultural processing, handicrafts.
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Coconuts, vanilla, vegetables, fruits; poultry, beef, dairy products.
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