Source: world bank Nominal/PPP
Summary:
French Polynesia GDP Per Capita expanded from 1965 to 2024, increasing from $1,838.58 to $22,439.88 .The compound annual growth rate (CAGR) averaged 4.33% 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 27.92%, indicating the largest cyclical decline from peak levels. The country experienced 12 recession episode(s) during the observed period.
French Polynesia Economic Phases (1965 - 2024)
From 1965 to 2024, French Polynesia economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.
- High Growth (1971–1975) indicating robust economic expansion
- High Growth (1977–1980) indicating robust economic expansion
- Contraction (1981–1982) indicating temporary slowdown
- Expansion (1983–1984) indicating steady moderate growth
- High Growth (1985–1987) indicating robust economic expansion
- Contraction (1988–1989) indicating temporary slowdown
- Contraction (1999–2001) 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 (2017–2018) indicating robust economic expansion
- Contraction (2019–2020) indicating temporary slowdown
- Expansion (2024–2024) indicating steady moderate growth
The most remarkable growth occurred in 1986 with an increase of 48.884%, while the largest decline was in 2015 at -13.89%.