nic 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--$4.24 billion (1996 est.)

GDP--real growth rate: NA%

GDP--per capita: purchasing power parity?$10,700 (1996 est.)

GDP--composition by sector:
agriculture: 6%
industry: 11%
services: 83% (1997 est.)

Population below poverty line: NA%

Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: NA%

Inflation rate (consumer prices): 3.9% (1990)

Labor force: 160,000

Labor force--by occupation: agriculture 10%, industry 17%,
services 73% (1997)

Unemployment rate: 24% (1997)

Budget:
revenues: $775 million
expenditures: $2.15 billion, including capital expenditures of $118
million (1996)

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

Industrial production growth rate: NA%

Electricity--production: 855 million kWh (1996)

Electricity--production by source:
fossil fuel: 100%
hydro: 0%
nuclear: 0%
other: 0% (1996)

Electricity--consumption: 855 million kWh (1996)

Electricity--exports: 0 kWh (1996)

Electricity--imports: 0 kWh (1996)

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

Exports: $200 million (f.o.b., 1997)

Exports--commodities: refined petroleum products, bananas, rum,
pineapples

Exports--partners: France 57%, Guadeloupe 31%, French Guiana (1991)

Imports: $1.6 billion (c.i.f., 1997)

Imports--commodities: petroleum products, crude oil, foodstuffs,
construction materials, vehicles, clothing and other consumer goods

Imports--partners: France 62%, UK, Italy, Germany, Japan, US (1991)

Debt--external: $180 million (1994)

Economic aid--recipient: $NA; note?substantial annual aid from
France

Currency: 1 French franc (F) = 100 centimes

Exchange rates: French francs (F) per US$1--5.65 (January 1999),
5.8995 (1998), 5.8367 (1997), 5.1155 (1996), 4.9915 (1995), 5.5520
(1994)

Fiscal year: calendar year

Communications

Telephones: 209,672 (1994 est.)

Telephone system: domestic facilities are adequate
domestic: NA
international: microwave radio relay to Guadeloupe, Dominica, and
Saint Lucia; satellite earth stations--2 Intelsat (Atla