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r RPR ; Republican Party or PR [Jean BAILLY]; Socialist Federation of Martinique or FSM ; Union for French Democracy or UDF ; Union for the Renewal of Ste. Marie Political pressure groups and leaders: Association for the Protection of Martinique's Heritage (ecologist) ; Caribbean Revolutionary Alliance or ARC; Central Union for Martinique Workers or CSTM ; Frantz Fanon Circle; League of Workers and Peasants; Proletarian Action Group or GAP; Socialist Revolution Group or GRS 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 @Martinique: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 - $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: 170,000 (1997) Labor force - by occupation: agriculture 10%, industry 17%, services 73% (1997) Unemployment rate: 24% (1997) Budget: revenues: $900 million expenditures: $2.5 billion, including capital expenditures of $140 million (1996) Industries: construction, rum, cement, oil refining, sugar, tourism Industrial production growth rate: NA% Electricity - production: 1.075 billion kWh (1998) Electricity - production
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