South America > French Guiana > Economy

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Agriculture > products corn, rice, manioc, sugar, cocoa, vegetables, bananas; cattle, pigs, poultry
Budget > Expenditures	$135,500,000.00		[6th of 165]
Budget > Revenues	$135,500,000.00		[6th of 166]
Debt > External	$800,300,000.00		[110th of 136]
Economy > Overview The economy is tied closely to the much 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.
Exchange rates Euros per US dollar - 0.8054 (2004), 0.886 (2003), 1.0626 (2002), 1.1175 (2001), 1.0854 (2000)
Exports	$137,500,000.00		[147th of 189]
Exports to US	$3,100,000.00		[155th of 224]
Fiscal year	calendar year
GDP	$1,551,000,000.00		[164th of 203]
GDP (purchasing power parity)	$1,551,000,000.00		[15th of 187]
GDP > Composition by sector > Agriculture	6.6%		[85th of 146]
GDP > Composition by sector > Industry	15.6%		[133rd of 146]
GDP > Composition by sector > Services	77.8%		[8th of 146]
Imports	$625,000,000.00		[140th of 185]
Imports from US	$54,800,000.00		[89th of 224]
Inflation rate (consumer prices)	1%		[148th of 192]
Tourist arrivals by region of origin > Europe	44,850		[131st of 195]
Trade balance with US	$51,700,000.00		[22nd of 224]
Trade with US > US exports of textile, sewing machines	14		[144th of 183]

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