; Parti Martiniquais Socialiste or PMS; Association for the
Protection of Martinique's Heritage (ecologist)

International organization participation: FZ, WCL, WFTU

Diplomatic representation in the US: none (overseas department of
France)

Diplomatic representation from the US: none (overseas department of
France)

Flag description: a light blue background is divided into four
quadrants by a white cross; in the center of each rectangle is a white
snake; the flag of France is used for official occasions

Economy

Economy - overview: The economy is based on sugarcane, bananas,
tourism, and light industry. Agriculture accounts for about 6% of GDP
and the small industrial sector for 11%. Sugar production has
declined, with most of the sugarcane now used for the production of
rum. Banana exports are increasing, going mostly to France. The bulk
of meat, vegetable, and grain requirements must be imported,
contributing to a chronic trade deficit that requires large annual
transfers of aid from France. Tourism has become more important than
agricultural exports as a source of foreign exchange. The majority of
the work force is employed in the service sector and in
administration.

GDP: purchasing power parity - $3.95 billion (1995 est.)

GDP - real growth rate: NA%

GDP - per capita: purchasing power parity - $10,000 (1995 est.)

GDP - composition by sector:
agriculture: 6%
industry: 11%
services: 83% (1992 est.)

Inflation rate - consumer price index: 3.9% (1990)

Labor force:
total: 160,000
by occupation: agriculture 10%, industry 17%, services 73% (1992)

Unemployment rate: 23.5% (1993)

Budget:
revenues: $620 million
expenditures: $2.1 billion, including capital expenditures of $170
million (1992)

Industries: construction, rum, cement, oil refining, sugar, tourism

Industrial production growth rate: NA%

Electricity - capacity: NA kW

Electricity - production: NA kWh

Electricity - consumption per capita: NA kWh

Agriculture - products: pineapples, avocados, bananas, flowers,
vegetables, sugarcane for rum

Exports:
total value: $220 million (f.o.b., 1994)
commodities: refined petroleum products, bananas, rum, pineapples
partners: France 57%, Guadeloupe 31%, French Guiana (1991)

Imports:
total value : $1.6 billion (c.i.f., 1994)
commodities: petroleum products, crude oil, foodstuffs, construction
materials, vehicles, clothing and other consumer goods
partners: France 62%, UK, Italy, Ge