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World > Africa > Mayotte > Economy (Facts)

Mayotte - Economy (Facts)
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 (purchasing power parity): $953.6 million (2005 est.)
GDP (official exchange rate): NA
GDP - per capita (PPP): $4,900 (2005 est.)
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
Inflation rate (consumer prices): 1.7% (2005)
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 - 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% (2006)
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% (2006)
Debt - external: NA
Economic aid - recipient: $208 million; note - extensive French financial assistance (2004)
Currency: Euro (EUR)

Current Euro Exchange Rates
Historical Euro Exchange Rates
Chart Euro Exchange Rates
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


Facts at a Glance: Geography - People - Government - Economy - Communications - Transportation - Current Time - Euro Exchange Rates



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