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Mayotte (territorial collectivity of France) Economy 2000 Economy - overview: Economic activity is based primarily on the agricultural sector, including fishing and livestock raising. Mayotte is not self-sufficient and must import a large portion of its food requirements, mainly from France. The economy and future development of the island are heavily dependent on French financial assistance, an important supplement to GDP. Mayotte's remote location is an obstacle to the development of tourism. GDP: purchasing power parity - $85 million (1998 est.) GDP - real growth rate: NA% GDP - per capita: purchasing power parity - $600 (1998 est.) GDP - composition by sector:
Population below poverty line: NA% Household income or consumption by percentage share:
Inflation rate (consumer prices): NA% Labor force: NA Unemployment rate: 45% (1997) Budget:
Industries: newly created lobster and shrimp industry, construction Industrial production growth rate: NA% Electricity - production: NA kWh Electricity - production by source:
Electricity - consumption: NA kWh Electricity - exports: NA kWh Electricity - imports: NA kWh Agriculture - products: vanilla, ylang-ylang (perfume essence), coffee, copra Exports: $3.44 million (f.o.b., 1997) Exports - commodities: ylang-ylang (perfume essence), vanilla, copra, coconuts, coffee, cinnamon Exports - partners: France 80%, Comoros 15%, Reunion Imports: $141.3 million (f.o.b., 1997) Imports - commodities: food, machinery and equipment, transportation equipment, metals, chemicals Imports - partners: France 66%, Africa 14%, Southeast Asia 11% (1997) Debt - external: $NA Economic aid - recipient: $107.7 million (1995); note - extensive French financial assistance Currency: 1 French franc (F) = 100 centimes Exchange rates: euros per US$1 - 0.9867 (January 2000), 0.9386 (1999); French francs (F) per US$1 - 5.65 (January 1999), 5.8995 (1998), 5.8367 (1997), 5.1155 (1996), 4.9915 (1995) Fiscal year: calendar year |
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