Source: world bank Nominal/PPP
Summary:
French Polynesia GDP expanded from 1965 to 2013, increasing from $0.18 billion to $6.03 billion.The compound annual growth rate (CAGR) averaged 7.59% over the period. The economy recorded its peak level in 2008 and its lowest level in 1965. Growth volatility remained high. The maximum drawdown reached 20.31%, indicating the largest cyclical decline from peak levels. The country experienced 7 recession episode(s) during the observed period.
French Polynesia Economic Phases (1965–2013)
Between 1965 to 2013, French Polynesia experienced the following economic phases:
- High Growth (1971–1980) indicating robust economic expansion
- Expansion (1982–1984) indicating steady moderate growth
- High Growth (1985–1987) indicating robust economic expansion
- Expansion (1988–1989) indicating steady moderate growth
- Contraction (1996–1997) indicating temporary slowdown
- Expansion (1998–1999) indicating steady moderate growth
- Contraction (2000–2001) indicating temporary slowdown
- High Growth (2002–2004) indicating robust economic expansion
- Expansion (2005–2006) indicating steady moderate growth
- High Growth (2007–2008) indicating robust economic expansion
- Contraction (2009–2010) indicating temporary slowdown
- High Growth (2013–2013) indicating robust economic expansion
The most remarkable growth occurred in 1986 with an increase of 52.735%, while the largest decline was in 1997 at -9.679%.