Economy of Mayotte


Economy of Mayotte

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 (official exchange rate):US$547 million (in 2001)fr icon cite web| url=http://www.insee.fr/fr/insee_regions/reunion/zoom/mayotte/publications/tem/tem2007/TEM2007_14.3.pdf| title=Résultats économiques| author= accessdate=2008-01-16]

GDP - per capita (official exchange rate):US$3,550 (in 2001)

GDP - composition by sector:agriculture: NA%industry: NA%services: NA%

Labor force:48,800 (2000)

Unemployment rate:38% (1999)

Population below poverty line:NA%

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

Inflation rate (consumer prices):NA%

Budget:revenues: $NAexpenditures: $73 million; including capital expenditures of $NA (1991 est.)

Agriculture - products:vanilla, y _yl. €; banking code: EUR) = 100 cent

Exchange rates:euros per US dollar - 0.8041 (2005), 0.8054 (2004), 0.886 (2003), 1.0626 (2002), 1.1175 (2001)

Fiscal year:

calendar year

References

:"See also:" Mayotte


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