is employed in the service sector and in administration. Banana
workers launched protests late in 1992 because of falling banana prices and
fears of greater competition in the European market from other producers.
National product:
GDP - exchange rate conversion - $2 billion (1988)
National product real growth rate:
NA%
National product per capita:
$6,000 (1988)
Inflation rate (consumer prices):
3.9% (1990)
Unemployment rate:
32.1% (1990)
Budget:
revenues $268 million; expenditures $268 million, including capital
expenditures of $NA (1989 est.)
Exports:
$196 million (f.o.b., 1988)
commodities:
refined petroleum products, bananas, rum, pineapples
partners:
France 65%, Guadeloupe 24%, Germany (1987)
Imports:
$1.3 billion (c.i.f., 1988)
commodities:
petroleum products, crude oil, foodstuffs, construction materials, vehicles,
clothing and other consumer goods
partners:
France 65%, UK, Italy, Germany, Japan, US (1987)
External debt:
$NA
Industrial production:
growth rate NA%
Electricity:
113,100 kW capacity; 588 million kWh produced, 1,580 kWh per capita (1992)
Industries:
construction, rum, cement, oil refining, sugar, tourism
Agriculture:
including fishing and forestry, accounts for about 12% of GDP; principal
crops - pineapples, avocados, bananas, flowers, vegetables, sugarcane for
rum; dependent on imported food, particularly meat and vegetables
Economic aid:
Western (non-US) countries, ODA and OOF bilateral commitments (1970-89),
$10.1 billion
Currency:
1 French franc (F) = 100 centimes
Exchange rates:
French francs (F) per US$1 - 5.4812 (January 1993), 5.2938 (1992), 5.6421
(1991), 5.4453 (1990), 6.3801 (1989), 5.9569 (1988)

*Martinique, Economy

Fiscal year:
calendar year

*Martinique, Communications

Highways:
1,680 km total; 1,300 km paved, 380 km gravel and earth
Ports:
Fort-de-France
Airports:
total:
2
useable:
2
with permanent-surface runways:
1
with runways over 3,659 m:
0
with runways 2,440-3,659 m:
1
with runways 1,220-2,439 m:
0
Telecommunications:
domestic facilities are adequate; 68,900 telephones; interisland microwave
radio relay links to Guadeloupe, Dominica, and Saint Lucia; broadcast
stations - 1 AM, 6 FM, 10 TV; 2 Atlantic Ocean INTELSAT earth stations

*Martinique, Defense Forces

Branches:
French Forces, Gendarmerie
Note:
defense is the responsibility of Franc