Source: world bank Nominal/PPP
Summary:
French Polynesia GDP expanded from 1965 to 2024, increasing from $0.18 billion to $6.32 billion.The compound annual growth rate (CAGR) averaged 6.22% 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 25.35%, indicating the largest cyclical decline from peak levels. The country experienced 10 recession episode(s) during the observed period.
French Polynesia Economic Phases (1965–2024)
Between 1965 to 2024, 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 (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 52.735%, while the largest decline was in 2015 at -13.429%.