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	purchasing power parity - $466.8 million (2003 est.)
GDP - real growth rate	NA
GDP - per capita	purchasing power parity - $2,600 (2003 est.)
GDP - composition by sector	agriculture: NA industry: NA services: NA (2001 est.)
Investment gross fixed
Population below poverty line	NA
Household income or consumption by percentage share	lowest 10%: NA highest 10%: NA
Distribution of family income - Gini index
Inflation rate consumer prices	NA
Labor force	48,800 (2000)
Labor force by occupation
Unemployment rate	38% (1999)
Budget	revenues: NA expenditures: $73 million, including capital expenditures of NA (1991 est.)
Public debt
Agriculture products	vanilla, ylang-ylang (perfume essence), coffee, copra
Industries	newly created lobster and shrimp industry, construction
Industrial production growth rate	NA
Electricity production	NA kWh
Electricity production by source	fossil fuel: 0% hydro: 0% other: 0% nuclear: 0%
Electricity consumption	NA kWh
Electricity exports
Electricity imports
Oil production
Oil consumption
Oil exports
Oil imports
Oil proved reserves
Natural gas production
Natural gas consumption
Natural gas exports
Natural gas imports
Natural gas proved reserves
Current account balance
Exports	$3.44 million f.o.b. (1997)
Exports commodities	ylang-ylang (perfume essence), vanilla, copra, coconuts, coffee, cinnamon
Exports partners	France 80%, Comoros 15%, Reunion (2000)
Imports	$141.3 million f.o.b. (1997)
Imports commodities	food, machinery and equipment, transportation equipment, metals, chemicals
Imports partners	France 66%, Africa 14%, Southeast Asia 11% (2000 est.)
Reserves of foreign exchange gold
Debt external	NA
Economic aid recipient	$107.7 million; note - extensive French financial assistance (1995)
Currency	euro (EUR)
Currency code	EUR
Exchange rates	euros per US dollar - 0.8860 (2003), 1.0626 (2002), 1.1175 (2001), 1.0854 (2000), 0.9386 (1999)
Fiscal year	calendar year

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This information was reproduced in part from the CIA World Fact book.

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Economy Of Mayotte