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
|