Central America and the Caribbean > Guadeloupe > Economy

View full size

Agriculture > products bananas, sugarcane, tropical fruits and vegetables; cattle, pigs, goats
Budget > Expenditures	$680,100,000.00		[27th of 165]
Budget > Revenues	$637,700,000.00		[27th of 166]
Economy > Overview This Caribbean economy depends on agriculture, tourism, light industry, and services. It also depends on France for large subsidies and imports. Tourism is a key industry, with most tourists from the US; an increasingly large number of cruise ships visit the islands. The traditional sugarcane crop is slowly being replaced by other crops, such as bananas (which now supply about 50% of export earnings), eggplant, and flowers. Other vegetables and root crops are cultivated for local consumption, although Guadeloupe is still dependent on imported food, mainly from France. Light industry features sugar and rum production. Most manufactured goods and fuel are imported. Unemployment is especially high among the young. Hurricanes periodically devastate the economy.
Exchange rates euros per US dollar - 0.8054 (2004), 0.886 (2003), 1.0626 (2002), 1.1175 j(2001), 1.0854 (2000)
Exports	$147,800,000.00		[157th of 189]
Exports > Partners France 60%, Martinique 18%, US 4%
Exports to US	$2,100,000.00		[159th of 224]
Fiscal year	calendar year
GDP	$3,513,000,000.00		[143rd of 203]
GDP (purchasing power parity)	$3,513,000,000.00		[6th of 187]
GDP > Composition by sector > Agriculture	15%		[24th of 146]
GDP > Composition by sector > Industry	17%		[48th of 146]
GDP > Composition by sector > Services	68%		[14th of 146]
Imports	$1,766,000,000.00		[103rd of 185]
Imports from US	$16,700,000.00		[122nd of 224]
Tourism receipts, international	$246,000,000.00		[117th of 187]
Tourist arrivals by region of origin > Europe	369,800		[70th of 195]
Trade balance with US	$14,600,000.00		[41st of 224]
Trade with US > US exports of textile, sewing machines	0		[159th of 183]

Related links:

• Forum discussion > Economy
• Looking for Information on the U.S. Economy? Check out StateMaster
• Stay updated with current stat feeds! Subscribe to the Economy RSS / Atom feeds
•  Subscribe to our popular Economy factoids RSS / Atom feeds
• Save this page on  del.icio.us / furl / your bookmarks

More facts and figures on Guadeloupe