Economy of French Polynesia. 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.
Additionally, 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.
Is Bora Bora a country? Bora Bora is an island in the Leeward group of the Society Islands of French Polynesia, an « Overseas Country » financially assisted by France in the Pacific Ocean. The island, located about 230 kilometres (140 mi) northwest of Papeete, is surrounded by a lagoon and a barrier reef.
Subsequently, What is the economy like in French Polynesia? 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.
FAQ
Is Tahiti a poor country?
The data is based on a 2015 survey on expenditure in Tahiti and Moorea. 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.
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.
Are there poor people 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 !
What country owns Tahiti? 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.
What is the average income in Tahiti?
The average annual household income in Tahiti Park is $127,872, while the median household income sits at $69,331 per year.
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.
Do they speak English in Bora Bora?
The main languages in Bora Bora are French and Tahitian, but you’ll find that many people also speak English, especially resort employees. French Polynesians move at a relaxed pace.
Does Bora Bora have clear water? Bora Bora, Tahiti
Bora Bora is a popular tourist island located in French Polynesia. The island is surrounded by a lagoon and barrier reef, which welcomes plenty of stingrays and the occasional shark. Luxury resorts are perched adjacent, or above, the clear water—with the ocean floor visible from the docks.
Are there snakes in Bora Bora?
There are no poisonous insects or snakes on Bora Bora. And while there are no native mammals on the island, it is home to many dogs, cats, sheep, and cows.
Is Tahiti a US territory?
Tahiti is the economic, cultural, and political centre of French Polynesia, an overseas collectivity and an overseas country of the French Republic . The capital of French Polynesia, Papeete, is located on the northwest coast of Tahiti.
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Tahiti.
| Geography | |
|---|---|
| Ethnic groups | Tahitians |
Who governs Bora Bora? The Leeward Islands comprise the western part of the Society Islands of French Polynesia, which is an overseas collectivity of the French Republic in the Pacific Ocean. Bora Bora has a total land area of 30.55 km 2 (12 sq mi).
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Bora Bora.
| Geography | |
|---|---|
| Commune | Bora-Bora |
| Largest settlement | Vaitape |
| Demographics | |
| Population | 10,605 (2017) |
Is Bora Bora the most beautiful place on earth? In some not-so-shocking news, the stunning island of Bora Bora has been voted the most photogenic place on earth in a recent survey launched by VeryFirstTo.com. Over 700 participants helped put the French Polynesian island in the top spot, no doubt thanks to its crystal clear waters and overwater bungalows.
Can u live in Bora Bora?
While other tropical islands are known for their nightlife Bora Bora is a bit behind the times, though it is not impossible to find. About 4,000 people inhabit the island of Bora Bora. French and Tahitian are the main languages spoken on the island, though most inhabitants have a command of the English language.
What is minimum wage in Bora Bora? Living Wages in Context (monthly rates in XPF)
| 2020 | |
|---|---|
| Minimum wage | – |
| Living Wage – Single Adult | 80400-88300 |
| Living Wage – Typical Family | 120200-152500 |
| Real wage of low-skilled worker | – |
Can I live in Tahiti?
Not everyone can live like a king in French Polynesia, far from it, and you will realize by going to the islands or to the valleys of Tahiti that many people do live very modestly, not to say in very precarious conditions. So, as I often say, French Polynesia is not heaven on earth, but you can still get close to it.
How developed is Bora Bora? Bora Bora was formed from erupting volcanoes some 7 million years ago, the first of the Society Islands so formed. Some 4-5 million years before, say, Tahiti or Raiatea. Bora Bora was originally known as Vavau meaning ‘first born’ & then Pora Pora.
How many archipelagos does French Polynesia have?
French Polynesia, overseas collectivity of France consisting of five archipelagoes in the south-central Pacific Ocean.
Does Bora Bora take US dollars? U.S. currency may be accepted as direct payment in hotels, restaurants and large shops, but will get a low rate of exchange. There are a few ATM machines available on the main islands of Tahiti, Moorea and Bora Bora, which you may use with your debit or major credit cards.
Is Bora Bora or Maldives better?
Couples that want to feel more civilization, and society, will prefer Bora Bora, whereas couples who enjoy feeling totally ‘off the map’ and like they have an island to themselves, will love the Maldives. The main takeaway: Bora Bora resorts will feel more resort-ey and much bigger than the resorts in the Maldives.
How do you say hello in French Polynesia? 30 Useful Tahitian Words and Phrases
- Hello – Ia Orana (yo-rah-nah)
- Welcome – Maeva (mah-yeh-vah)
- Thank you – Maururu (mah-roo-roo)
- Man – Tane (tah-nay)
- Woman – Vahine (vah-he-nay)
- Child – Tamarii (tah-ma-ree-ee)
- Bye/See you later – Nana (nah-nah)
- Cheers / To your health – Manuia (mah-nwee-ah)
Are there sharks in Bora Bora?
Mainly, the sharks in Bora Bora are not dangerous. They live under the green lagoons and are used to the presence of people. The most common type you’ll see is Blacktip reef sharks. They’re not aggressive, so you can easily get close to them.
Why is Bora Bora so blue? The delightful illusion is created by the interplay of light, water and the brilliant white-sand, which carpets the depths of the lagoon. The best way to really experience these gemlike shades of blue is by crossing Bora Bora’s lagoon.
Can you swim in Bora Bora? You can swim with sharks in Bora Bora, as well as many other islands including Moorea, Rangiroa, Fakarava and more. Swimming with whales is also possible during certain seasons (August-October). The Bora Bora lagoon is home to many coral gardens, shark species and tropical fish.
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