adeloupe, French
Guiana, and Martinique
Leaders:
Chief of State:
President Francois MITTERRAND (since 21 May 1981)
Head of Government:
Prefect Franck PERRIEZ (since NA 1992)
Member of:
FZ, WCL
Diplomatic representation in US:
as an overseas department of France, the interests of Guadeloupe are
represented in the US by France
US diplomatic representation:
none (overseas department of France)
Flag:
the flag of France is used
*Guadeloupe, Economy
Overview:
The economy depends on agriculture, tourism, light industry, and services.
It is also dependent upon France for large subsidies and imports. Tourism is
a key industry, with most tourists from the US. In addition, an increasingly
large number of cruise ships visit the islands. The traditionally important
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, which comes mainly
from France. Light industry consists mostly of sugar and rum production.
Most manufactured goods and fuel are imported. Unemployment is especially
high among the young.
National product:
GDP - exchange rate conversion - $1.5 billion (1989)
National product real growth rate:
NA%
National product per capita:
$4,700 (1989)
Inflation rate (consumer prices):
3.7% (1990)
Unemployment rate:
31.3% (1990)
Budget:
revenues $333 million; expenditures $671 million, including capital
expenditures of $NA (1989)
Exports:
$168 million (f.o.b., 1988)
commodities:
bananas, sugar, rum
partners:
France 68%, Martinique 22% (1987)
Imports:
$1.2 billion (c.i.f., 1988)
commodities:
vehicles, foodstuffs, clothing and other consumer goods, construction
materials, petroleum products
partners:
France 64%, Italy, FRG, US (1987)
External debt:
$NA
Industrial production:
growth rate NA%
Electricity:
171,500 kW capacity; 441 million kWh produced, 1,080 kWh per capita (1992)
Industries:
construction, cement, rum, sugar, tourism
Agriculture: cash crops - bananas, sugarcane; other products include tropical fruits and
vegetables; livestock - cattle, pigs, goats; not self-sufficient in food
Economic aid:
US commitments, including Ex-Im (FY70-88), $4 million; Western (non-US)
countries, ODA and OOF bilate
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