Economy of French Guiana

The economy of French Guiana is tied closely to that of 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)fr_icon cite web|url=http://prod-afd.afd.zeni.fr/jahia/webdav/site/cerom/users/admin_cerom/public/Pdf/CR2006_guy.pdf|title=Les comptes économiques de la Guyane en 2006 : premiers résultats|author=INSEE-CEROM|accessdate=2008-01-14]

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

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

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% (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, 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)

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

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

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

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


Wikimedia Foundation. 2010.

Look at other dictionaries:

  • History of French Guiana — The history of French Guiana spans many centuries. Before the first Europeans arrived, there was no written history in the territory. It was originally inhabited by a number of Native American peoples, among them the Carib, Arawak, Emerillon,… …   Wikipedia

  • French Guiana — French Guianese, French Guianan. /gee an euh, gee ah neuh/ an overseas department of France, on the NE coast of South America: formerly a French colony. 49,200; 35,135 sq. mi. (91,000 sq. km). Cap.: Cayenne. * * * French Guiana Introduction… …   Universalium

  • French Guiana — Infobox French region native name = Région Guyane common name = Guyane image flag size = 130px image logo size = 100px Region flag Region logo capital = Cayenne area = 83,534 area scale = 10 Regional president = Antoine Karam (PSG) (since 1992)… …   Wikipedia

  • Economy of Cuba — Flag Rank 89th Currency Cuban peso (CUP) = 100 centavos and Cuban Convertible Peso (CUC) = 24 CUP …   Wikipedia

  • Economy of Chile — The Sanhattan district of Santiago Currency Chilean peso (CLP) Fiscal year …   Wikipedia

  • Economy of Colombia — Tourism in Riohacha, the capital of La Guajira Currency Colombian peso Fiscal year …   Wikipedia

  • Economy of Aruba — The economy of Aruba is an open system, with tourism currently providing the largest percentage of the country s income. Because of tourism s rapid growth in the last 80 years, related industries like construction have also flourished. Other… …   Wikipedia

  • Economy of Europe — The economy of Europe comprises more than 710 million people in 48 different states. Like other continents, the wealth of Europe s states varies, although the poorest are well above the poorest states of other continents (except Australia) in… …   Wikipedia

  • 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… …   Wikipedia

  • French language — French La langue française Pronunciation [fʁɑ̃sɛ] Spoken in See below Native speakers 68 million (2005) …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”