| Economy - overview | Economic activity is based primarily on the agricultural sector, including fishing and livestock raising. Mayotte is not self-sufficient and must import a large portion of its food requirements, mainly from France. The economy and future development of the island are heavily dependent on French financial assistance, an important supplement to GDP. Mayotte's remote location is an obstacle to the development of tourism. |
|
| GDP - real growth rate | NA% |
|
| GDP - composition by sector | agriculture: NA%
industry: NA%
services: NA% |
|
| Population below poverty line | NA% |
|
Household income or consumption
by percentage share | lowest 10%: NA%
highest 10%: NA% |
|
| Labor force | 44,560 (2002) |
|
| Unemployment rate | 25.4% (2005) |
|
| Budget | revenues: $420 million
expenditures: $394 million; including capital expenditures of $NA (2005) |
|
| Industries | newly created lobster and shrimp industry, construction |
|
| Industrial production growth rate | NA% |
|
Electricity -
production | NA kWh |
|
Electricity -
production by source | fossil fuel: 0%
hydro: 0%
nuclear: 0%
other: 0% |
|
Electricity -
consumption | 139.2 million kWh (2005) |
|
| Agriculture - products | vanilla, ylang-ylang (perfume essence), coffee, copra |
|
| Exports | $6.5 million f.o.b. (2005) |
|
| Exports - commodities | ylang-ylang (perfume essence), vanilla, copra, coconuts, coffee, cinnamon |
|
| Exports - partners | France 43%, Comoros 36%, Reunion 15% (2005) |
|
| Imports | $341 million f.o.b.; note - excludes petroleum imports (2005) |
|
| Imports - commodities | food, machinery and equipment, transportation equipment, metals, chemicals |
|
| Imports - partners | France 49%, Seychelles 8.8%, China 4.1%, South Africa 2.8% (2004) |
|
| Debt - external | $NA |
|
| Economic aid - recipient | $208 million; note - extensive French financial assistance (2004) |
|
| Currency code | EUR |
|
| Exchange rates | euros per US dollar - 0.7964 (2006), 0.8041 (2005), 0.8054 (2004), 0.886 (2003), 1.0626 (2002) |
|
| Fiscal year | calendar year |
|
