| People | Guadeloupe |
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Economy - overview:
|
This Caribbean economy depends on agriculture, tourism, light industry, and services. It also depends on France for large subsidies and imports. Tourism is a key industry, with most tourists from the US; an increasingly large number of cruise ships visit the islands. The traditional sugarcane crop is slowly being replaced by other crops, such as bananas (which now supply about 50% of export earnings), eggplant, and flowers. Other vegetables and root crops are cultivated for local consumption, although Guadeloupe is still dependent on imported food, mainly from France. Light industry features sugar and rum production. Most manufactured goods and fuel are imported. Unemployment is especially high among the young. Hurricanes periodically devastate the economy. |
GDP (purchasing power parity):
|
$3.513 billion (2003 est.) |
GDP (official exchange rate):
|
NA |
GDP - real growth rate:
|
NA% |
GDP - per capita (PPP):
|
$7,900 (2003 est.) |
GDP - composition by sector:
|
agriculture: 15%
industry: 17%
services: 68% (2002 est.) |
Investment (gross fixed):
|
void |
Population below poverty line:
|
NA% |
Household income or consumption by percentage share:
|
lowest 10%: NA%
highest 10%: NA% |
Distribution of family income - Gini index:
|
void |
Inflation rate (consumer prices):
|
NA% |
Labor force:
|
191,400 (1999) |
Labor force participation rate:
|
42.27 % of population |
Labor force - by occupation:
|
agriculture: 15%
industry: 20%
services: 65% (2002) |
Unemployment rate:
|
26.9% (2003) |
Budget:
|
revenues: $637.7 million
expenditures: $680.1 million; including capital expenditures of $112.5 million (2002) |
Budget revenues per capita:
|
1,409 USD per capita |
Public debt:
|
void |
Industries:
|
construction, cement, rum, sugar, tourism |
Industrial production growth rate:
|
NA% |
Electricity - production:
|
1.165 billion kWh (2003) |
Electricity - production per capita:
|
2,574 kWh per capita |
Electricity - consumption:
|
1.084 billion kWh (2003) |
Electricity - consumption - per capita:
|
2,395 kWh per capita |
Electricity - exports:
|
0 kWh (2003) |
Electricity - imports:
|
0 kWh (2003) |
Oil - production:
|
0 bbl/day (2003 est.) |
Oil - production per capita:
|
void |
Oil - consumption:
|
13,000 bbl/day (2003 est.) |
Oil - consumption - per capita:
|
10.48 bbl/year per capita |
Oil - exports:
|
NA bbl/day |
Oil - imports:
|
NA bbl/day |
Oil - proved reserves:
|
void |
Natural gas - production:
|
0 cu m (2003 est.) |
Natural gas - production per capita:
|
void |
Natural gas - consumption:
|
0 cu m (2003 est.) |
Natural gas - consumption - per capita:
|
void |
Natural gas - exports:
|
void |
Natural gas - imports:
|
void |
Natural gas - proved reserves:
|
void |
Agriculture - products:
|
bananas, sugarcane, tropical fruits and vegetables; cattle, pigs, goats |
Current account balance:
|
void |
Current account balance - per capita:
|
void |
Exports:
|
$147.8 million f.o.b. (2002) |
Exports per capita:
|
327 USD per capita |
Exports - commodities:
|
bananas, sugar, rum, melons, spring water |
Exports - partners:
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France 60%, Martinique 18%, US 4% (2004) |
Imports:
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$1.766 billion c.i.f. (2002) |
Imports per capita:
|
3,901 USD per capita |
Imports - commodities:
|
foodstuffs, fuels, vehicles, clothing and other consumer goods, construction materials |
Imports - partners:
|
France 63%, Germany 4%, US 3%, Japan 2%, Netherlands Antilles 2% (2004) |
Reserves of foreign exchange and gold:
|
void |
Reserves of foreign exchange and gold - per capita:
|
void |
Debt - external:
|
$NA |
Debt - external - per capita:
|
void |
Economic aid - donor:
|
void |
Economic aid - recipient:
|
$NA; note - substantial annual French subsidies (2004) |
Economic aid - recipient per capita:
|
void |
Currency (code):
|
euro (EUR) |
Exchange rates:
|
euros per US dollar - 0.8041 (2005), 0.8054 (2004), 0.886 (2003), 1.0626 (2002), 1.1175 j(2001) |
Fiscal year:
|
calendar year |
|
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