Economy of French Guiana

The economy of French Guiana is tied closely to that of mainland France through subsidies and imports. Besides the French space center at Kourou, fishing and forestry are the most important economic activities. The large reserves of tropical hardwoods, not fully exploited, support an expanding sawmill industry which provides sawn logs for export. Cultivation of crops is limited to the coastal area, where the population is largely concentrated; rice and manioc are the major crops. French Guiana is heavily dependent on imports of food and energy. Unemployment is a serious problem, particularly among younger workers.

GDP: real exchange rates - US$3.52 billion (in 2006)[1]

GDP - real growth rate: 6.4% (in 2006)[1]

GDP - per capita: real exchange rates - US$17,336 (in 2006)[1]

GDP - composition by sector:
agriculture: NA%
industry: NA%
services: NA%
spaceflight and other related activities: 16%

Population below poverty line: NA%

Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: Na %

Inflation rate (consumer prices): 1% (2002)

Labor force: 58.800 (1997)

Labor force - by occupation: services, government, and commerce 60,6%, industry 21,2%, agriculture 18,2% (1980)

Unemployment rate: 19,2% (2001 est.)

Budget:
revenues: $135,5 million
expenditures: $135,5 million, including capital expenditures of $105 million (1996)

Industries: construction, space exploration, shrimp processing, forestry products, rum, gold mining

Industrial production growth rate: NA%

Electricity - production: 465,2 GWh (2003)

Electricity - production by source:
fossil fuel: 100%
hydro: 0%
nuclear: 0%
other: 0% (1998)

Electricity - consumption: 432,6 GWh (2003)

Electricity - exports: 0 kWh (2003)

Electricity - imports: 0 kWh (2003)

Agriculture - products: rice, manioc (tapioca), sugar, cocoa, vegetables, bananas; cattle, pigs, poultry

Exports: US$1,501 million (in 2006)[1]

Exports - commodities: satellites, shrimp, timber, gold, rum, rosewood essence, clothing

Exports - partners: France 62%, Switzerland 7%, United States 2% (2004)

Imports: US$1,693 million (in 2006)[1]

Imports - commodities: food (grains, processed meat), machinery and transport equipment, fuels and chemicals

Imports - partners: France 63%, United States, Trinidad and Tobago, Italy (2004)

Debt - external: $800,3 million (1988)

Economic aid - recipient: $NA

Currency: 1 euro (currency sign: ; banking code: EUR) = 100 cent

Exchange rates: See: Euro#Euro exchange rate

Fiscal year: calendar year

References

  1. ^ a b c d e ‹See Tfd›(in French) INSEE-CEROM. "Les comptes économiques de la Guyane en 2006 : premiers résultats" (PDF). Archived from the original (PDF) on 2008-02-16. Retrieved 2008-01-14.

" The economic accounts of Guyana in 2006: first results " (PDF) . Retrieved 2008-01-14 .

See also

Coopérative de Pêche de Guyane

Coopérative de Pêche de Guyane (CODEPEG) is a fishing enterprise in French Guiana. It is based in the capital, Cayenne, and was formed on June 15, 1983. Former directors include Jean-Marie Taubira.

French Guianan franc

The franc was the currency of French Guiana until 2002. The French franc circulated alongside banknotes issued specifically for French Guyana between 1888 and 1961 and notes issued for French Guyana, Guadeloupe and Martinique (collectively referred to as the French Antilles) between 1961 and 1975.

As an integral part of France, French Guiana is part of the European Union and the Eurozone, and starting in 2002, its currency is the euro.

Economy of the Americas
Sovereign states
Greater Antilles
Leeward Antilles
Leeward Islands
Windward Islands
Other islands
Continental coasts
Economies of the dependencies of European Union states European Union
Denmark
France
Netherlands
United Kingdom

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