<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> 007
<NAME> TEMPLETON INTERNATIONAL FUND - CLASS 1
<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> 52185268
<SHARES-COMMON-PRIOR> 47499837
<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> (20195709)
<DISTRIBUTIONS-OF-GAINS> (118600706)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1660085
<NUMBER-OF-SHARES-REDEEMED> (4301496)
<SHARES-REINVESTED> 7326842
<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> 22.25
<PER-SHARE-NII> 0.11<F1>
<PER-SHARE-GAIN-APPREC> (1.25)<F1>
<PER-SHARE-DIVIDEND> (0.43)<F1>
<PER-SHARE-DISTRIBUTIONS> (2.48)<F1>
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 18.20
<EXPENSE-RATIO> 0.84<F2>
<FN>
<F1>BASED ON AVERAGE WEIGHTED SHARES OUTSTANDING.
<F2>ANNUALIZED.
</FN>
</TABLE>
