Editing Tahiti (section)

== Economy ==
Tourism is a significant industry, generating 17% of GDP before the COVID-19 pandemic.<ref>{{cite web |url=https://www.dfat.gov.au/sites/default/files/french-polynesia-market-insights-2021.pdf |title=FRENCH POLYNESIA |publisher=DFAT |access-date=3 January 2023 |archive-date=3 January 2023 |archive-url=https://web.archive.org/web/20230103003507/https://www.dfat.gov.au/sites/default/files/french-polynesia-market-insights-2021.pdf |url-status=live}}</ref>

[[File:Papeete - Marina Taina.JPG|thumb|Southern suburbs of Pape{{okina}}ete (commune of [[Puna{{okina}}auia]])]]

The main trading partners are Metropolitan France for about 40% of imports and about 25% of exports. The other main trading partners are China, the US, South Korea, and New Zealand.<ref>{{cite web |url=https://wits.worldbank.org/CountrySnapshot/en/PYF |title=French Polynesia Trade |publisher=WITS |access-date=3 January 2023 |archive-date=3 January 2023 |archive-url=https://web.archive.org/web/20230103003445/https://wits.worldbank.org/CountrySnapshot/en/PYF |url-status=live}}</ref>

[[Tahitian pearl]] (Black pearl) farming is also a substantial source of revenues, most of the pearls being exported to Japan, Europe and the United States. Tahiti also exports [[vanilla]], fruits, flowers, [[Monoi oil|monoi]], fish, [[Coconut oil|copra oil]], and [[Morinda citrifolia|noni]]. Tahiti is also home to a single winery, whose vineyards are located on the [[Rangiroa]] atoll.<ref>{{cite web |url=http://www.wine-searcher.com/regions-tahiti |title=Tahitian Wine |publisher=Wine-Searcher |access-date=31 August 2014 |archive-date=14 January 2015 |archive-url=https://web.archive.org/web/20150114082617/http://www.wine-searcher.com/regions-tahiti |url-status=live}}</ref>

Unemployment affects about 15% of the active population, especially women and unqualified young people.<ref>{{cite web |url=https://www.rnz.co.nz/international/pacific-news/407485/tahiti-job-figures-mask-true-rates-of-unemployment |title=Tahiti job figures mask true rates of unemployment |publisher=[[RNZ]] |date=16 January 2020 |access-date=3 January 2023 |archive-date=3 January 2023 |archive-url=https://web.archive.org/web/20230103003448/https://www.rnz.co.nz/international/pacific-news/407485/tahiti-job-figures-mask-true-rates-of-unemployment |url-status=live}}</ref>

Tahiti's currency, the [[CFP franc|French Pacific Franc]] (CFP, also known as XPF), is pegged to the [[euro]] at 1 CFP=EUR .0084 (1 EUR=119.48 CFP, approx. 113 CFP to the [[United States dollar]] in November 2024). Hotels and financial institutions offer exchange services.

[[Sales tax]] in Tahiti is called ''Taxe sur la valeur ajoutée'' (TVA or [[value added tax]] (VAT) in English). VAT in 2009 was 10% on tourist services, and 6% on hotels, small boarding houses, food and beverages. VAT on the purchase of goods and products is 16%.

=== Energy and electricity ===
French Polynesia imports its petroleum and has no local refinery or production capabilities. Daily consumption of imported oil products was 7,430 barrels in 2012 and 6,100 barrels per day in 2022, according to the US Energy Information Administration.<ref>{{cite web|url=http://www.eia.gov/countries/country-data.cfm?fips=fp#pet|title=International - U.S. Energy Information Administration (EIA)|website=eia.gov|access-date=2 October 2014|archive-date=6 October 2014|archive-url=https://web.archive.org/web/20141006065941/http://www.eia.gov/countries/country-data.cfm?fips=fp#pet|url-status=live}}</ref><ref>{{Cite web |title=French Polynesia |url=https://www.eia.gov/international/overview/country/PYF |access-date=15 July 2024 |website=EIA}}</ref> The utility EDT operates hydroelectric plants, solar plants, and a 10 MWh battery to reduce oil demand.<ref>{{Cite web |title=Transition énergétique |url=https://www.edt.pf/transition-energetique-innovation |access-date=2024-07-15 |website=AEL EDT |language=fr-FR}}</ref>