AllRefer.com Reference and Encyclopedia Resource 

AllRefer Channels :: Health | Yellow Pages | | Reference

July 05, 2020  
 Countries
 Flags
 Maps

You are here : AllRefer.com > Reference > World > Countries > French Guiana > French Guiana - Economy

French Guiana: Economy

Economy French Guiana
Economy - overview:
The economy is tied closely to the larger French economy through subsidies and imports. Besides the French space center at Kourou (which accounts for 25% of GDP), fishing and forestry are the most important economic activities. Forest and woodland cover 90% of the country. The large reserves of tropical hardwoods, not fully exploited, support an expanding sawmill industry that 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:
purchasing power parity - $2.26 billion (2002 est.)
GDP - real growth rate:
NA%
GDP - per capita:
purchasing power parity - $14,400 (2000 est.)
GDP - composition by sector:
agriculture: NA%
industry: NA%
services: NA%
Population below poverty line:
NA%
Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices):
1.5% (2002 est.)
Labor force:
58,800 (1997)
Labor force - by occupation:
services, government, and commerce 60.6%, industry 21.2%, agriculture 18.2% (1980)
Unemployment rate:
22% (2001)
Budget:
revenues: $225 million
expenditures: $390 million, including capital expenditures of $105 million (1996)
Industries:
construction, shrimp processing, forestry products, rum, gold mining
Industrial production growth rate:
NA%
Electricity - production:
455 million kWh (2001)
Electricity - production by source:
fossil fuel: 100%
hydro: 0%
other: 0% (2001)
nuclear: 0%
Electricity - consumption:
423.2 million kWh (2001)
Electricity - exports:
0 kWh (2001)
Electricity - imports:
0 kWh (2001)
Oil - production:
0 bbl/day (2001 est.)
Oil - consumption:
6,500 bbl/day (2001 est.)
Oil - exports:
NA (2001)
Oil - imports:
NA (2001)
Agriculture - products:
corn, rice, manioc (tapioca), sugar, cocoa, vegetables, bananas; cattle, pigs, poultry
Exports:
$155 million f.o.b.
Exports - commodities:
shrimp, timber, gold, rum, rosewood essence, clothing
Exports - partners:
France 62%, Switzerland 7%, US 2% (2001)
Imports:
$625 million c.i.f.
Imports - commodities:
food (grains, processed meat), machinery and transport equipment, fuels and chemicals
Imports - partners:
France 63%, US, Trinidad and Tobago, Italy (2002)
Debt - external:
$1.2 billion (1988)
Economic aid - recipient:
$NA
Currency:
euro (EUR); French franc (FRF)
Currency code:
EUR; FRF
Exchange rates:
Euros per US dollar - 1.06 (2002), 1.12 (2001), 1.09 (2000), 0.94 (1999)
Fiscal year:
calendar year

Also See:

Background & Country Profile
Geography
People
Government
Economy
Communications
Transportation
Military
Transnational Issues & International Disputes
Map
Flag

 

Source: The CIA World Fact Book 2003

Content on this web site is provided for informational purposes only. We accept no responsibility for any loss, injury or inconvenience sustained by any person resulting from information published on this site. We encourage you to verify any critical information with the relevant authorities.

About Us | Contact Us | Terms of Use | Privacy  
Copyright 2013 AllRefer.com All Rights reserved.
Site best viewed in 800 x 600 resolution.