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    Guadeloupe Index


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    Guadeloupe Economy - 2004
    https://immigration-usa.com/wfb2004/guadeloupe/guadeloupe_economy.html
    SOURCE: 2004 CIA WORLD FACTBOOK

      Economy - overview:
      The 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 - real growth rate:
      NA%

      GDP - per capita:
      purchasing power parity - $8,000 (1997 est.)

      GDP - composition by sector:
      agriculture: 15%
      industry: 17%
      services: 68% (1997 est.)

      Population below poverty line:
      NA%

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

      Inflation rate (consumer prices):
      NA% (2003 est.)

      Labor force:
      125,900 (1997)

      Labor force - by occupation:
      NA

      Unemployment rate:
      27.8% (1998)

      Budget:
      revenues: $225 million
      expenditures: $390 million, including capital expenditures of $105 million (1996)

      Industries:
      construction, cement, rum, sugar, tourism

      Industrial production growth rate:
      NA%

      Electricity - production:
      1.155 billion kWh (2001)

      Electricity - production by source:
      fossil fuel: 100%
      hydro: 0%
      other: 0% (2001)
      nuclear: 0%

      Electricity - consumption:
      1.074 billion kWh (2001)

      Electricity - exports:
      0 kWh (2001)

      Electricity - imports:
      0 kWh (2001)

      Oil - production:
      0 bbl/day (2001 est.)

      Oil - consumption:
      13,000 bbl/day (2001 est.)

      Oil - exports:
      NA

      Oil - imports:
      NA

      Agriculture - products:
      bananas, sugarcane, tropical fruits and vegetables; cattle, pigs, goats

      Exports:
      $140 million f.o.b. (1997)

      Exports - commodities:
      bananas, sugar, rum

      Exports - partners:
      France 60%, Martinique 18%, US 4% (1999)

      Imports:
      $1.7 billion c.i.f. (1997)

      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% (1999)

      Debt - external:
      $NA (yearend 2003 est.)

      Economic aid - recipient:
      $NA; note - substantial annual French subsidies (1995)

      Currency:
      euro (EUR); French franc (FRF)

      Currency code:
      EUR; FRF

      Exchange rates:
      euros per US dollar - 0.886 (2003), 1.0626 (2002), 1.1175 (2001), 1.0854 (2000), 0.9386 (1999)

      Fiscal year:
      calendar year


      NOTE: The information regarding Guadeloupe on this page is re-published from the 2004 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Guadeloupe Economy 2004 information contained here. All suggestions for corrections of any errors about Guadeloupe Economy 2004 should be addressed to the CIA.

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    https://immigration-usa.com/wfb2004/guadeloupe/guadeloupe_economy.html

    Revised 21-May-04
    Copyright © 2004 Photius Coutsoukis (all rights reserved)


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