<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE TEMPLETON
VARIABLE PRODUCTS SERIES FUND TEMPLETON INTERNATIONAL FUND JUNE 30, 2000
SEMIANNUAL REPORT AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000829959
<NAME> TEMPLETON VARIABLE PRODUCTS SERIES FUND
<SERIES>
<NUMBER> 008
<NAME> TEMPLETON INTERNATIONAL FUND - CLASS 2
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 875578358
<INVESTMENTS-AT-VALUE> 1013685000
<RECEIVABLES> 60765850
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1074450850
<PAYABLE-FOR-SECURITIES> 520194
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2536505
<TOTAL-LIABILITIES> 3056699
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 933964589
<SHARES-COMMON-STOCK> 6706322
<SHARES-COMMON-PRIOR> 4579718
<ACCUMULATED-NII-CURRENT> 526054
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (682940)
<ACCUM-APPREC-OR-DEPREC> 137586448
<NET-ASSETS> 1071394151
<DIVIDEND-INCOME> 8399597
<INTEREST-INCOME> 1030689
<OTHER-INCOME> 0
<EXPENSES-NET> (3225903)
<NET-INVESTMENT-INCOME> 6204383
<REALIZED-GAINS-CURRENT> 46722428
<APPREC-INCREASE-CURRENT> (110763749)
<NET-CHANGE-FROM-OPS> (57836938)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2255259)
<DISTRIBUTIONS-OF-GAINS> (14798195)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 10780652
<NUMBER-OF-SHARES-REDEEMED> (9558744)
<SHARES-REINVESTED> 904696
<NET-CHANGE-IN-ASSETS> (86768316)
<ACCUMULATED-NII-PRIOR> 16772639
<ACCUMULATED-GAINS-PRIOR> 85993533
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (2548889)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (3225903)
<AVERAGE-NET-ASSETS> 1121299181
<PER-SHARE-NAV-BEGIN> 22.13
<PER-SHARE-NII> 0.11<F1>
<PER-SHARE-GAIN-APPREC> (1.27)<F1>
<PER-SHARE-DIVIDEND> (0.38)<F1>
<PER-SHARE-DISTRIBUTIONS> (2.47)<F1>
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 18.12
<EXPENSE-RATIO> 1.10<F2>
<FN>
<F1>BASED ON AVERAGE WEIGHTED SHARES OUTSTANDING.
<F2>ANNUALIZED.
</FN>
</TABLE>