Guadeloupe Economy: from the All Country Info reference guide to country facts

Guadeloupe Economy

Guadeloupe Economy: A summary of information about Guadeloupe Economy, from government research data as well as independent research and other sources.

You are here:
All CountriesGuadeloupe > Guadeloupe Economy

Guadeloupe: Economy

Economy - overview
The economy depends on agriculture, tourism, light
industry, and services. It also depends on France for large subsidies
and imports. Tourism is a key industry, with most tourists from the
US; an increasingly large number of cruise ships visit the islands.
The traditional sugarcane crop is slowly being replaced by other
crops, such as bananas (which now supply about 50% of export
earnings), eggplant, and flowers. Other vegetables and root crops are
cultivated for local consumption, although Guadeloupe is still
dependent on imported food, mainly from France. Light industry
features sugar and rum production. Most manufactured goods and fuel
are imported. Unemployment is especially high among the young.
Hurricanes periodically devastate the economy.
GDP
purchasing power parity - $3.7 billion (1996 est.)
GDP - real growth rate
NA%
GDP - per capita
purchasing power parity - $9,000 (1996 est.)
GDP - composition by sector
agriculture: 6%
industry: 9%
services: 85% (1993 est.)
Population below poverty line
NA%
Household income or consumption by percentage share
lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices)
NA
Labor force
125,900 (1997)
Labor force - by occupation
agriculture 15%, industry 17%, services
68% (1997)
Unemployment rate
27.8% (1998)
Budget
revenues: $225 million
expenditures: $390 million, including capital expenditures of $105
million (1996)
Industries
construction, cement, rum, sugar, tourism
Industrial production growth rate
NA%
Electricity - production
1.22 billion kWh (1998)
Electricity - production by source
fossil fuel: 100%
hydro: 0%
nuclear: 0%
other: 0% (1998)
Electricity - consumption
1.135 billion kWh (1998)
Electricity - exports
0 kWh (1998)
Electricity - imports
0 kWh (1998)
Agriculture - products
bananas, sugarcane, tropical fruits and
vegetables; cattle, pigs, goats
Exports
$140 million (f.o.b., 1997)
Exports - commodities
bananas, sugar, rum
Exports - partners
France 60%, Martinique 18%, US 4% (1997)
Imports
$1.7 billion (c.i.f., 1997)
Imports - commodities
foodstuffs, fuels, vehicles, clothing and other
consumer goods, construction materials
Imports - partners
France 63%, Germany 4%, US 3%, Japan 2%,
Netherlands Antilles 2% (1997)
Debt - external
$NA
Economic aid - recipient
$NA; note - substantial annual French
subsidies
Currency
1 French franc (F) = 100 centimes
Exchange rates
euros per US$1 - 0.9867 (January 2000), 0.9386 (1999);
French francs (F) per US$1 - 5.65 (January 1999), 5.8995 (1998),
5.8367 (1997), 5.1155(1996), 4.9915 (1995)
Fiscal year
calendar year
Locations:
Home
Afghanistan
Albania
Algeria
American Samoa
Andorra
Angola
Anguilla
Antarctica
Antigua & Barbuda
Arctic Ocean
Argentina
Armenia
Aruba
Ashmore & Cartier Islands
Atlantic Ocean
Australia
Austria
Azerbaijan
Bahrain
Baker Island
Bangladesh
Barbados
Bassas Da India
Belarus
Belgium
Belize
Benin
Bermuda
Bhutan
Bolivia
Bosnia & Herzegovina
Botswana
Bouvet Island
Brazil
British Indian Ocean Territory
British Virgin Islands
Brunei
Bulgaria
Burkina Faso
Burma
Burundi
Cambodia
Cameroon
Canada
Cape Verde
Cayman Islands
Central African Republic
Chad
Chile
China
Christmas Island
Clipperton Island
Colombia
Comoros
Cook Islands
Coral Sea Islands
Costa Rica
Croatia
Cuba
Cyprus
Czech Republic
Denmark
Djibouti
Dominica
Dominican Republic
Ecuador
Egypt
El Salvador
Equatorial Guinea
Eritrea
Estonia
Ethiopia
Europa Island
Faroe Islands
Fiji
Finland
France
French Guiana
French Polynesia
Gabon
Gaza Strip
Georgia
Germany
Ghana
Gibraltar
Glorioso Islands
Greece
Greenland
Grenada
Guadeloupe
Guam
Guatemala
Guernsey
Guinea
Guyana
Haiti
Honduras
Hong Kong
Howland Island
Hungary
Iceland
India
Indian Ocean
Indonesia
Iran
Iraq
Ireland
Israel
Italy
Jamaica
Jan Mayen
Japan
Jarvis Island
Jersey
Johnston Atoll
Jordan
Juan De Nova Island
Kazakhstan
Kenya
Kingman Reef
Kiribati
Korea
Kuwait
Kyrgyzstan
Laos
Latvia
Lebanon
Lesotho
Liberia
Libya
Liechtenstein
Lithuania
Luxembourg
Macau
Madagascar
Malawi
Malaysia
Maldives
Mali
Malta
Marshall Islands
Martinique
Mauritania
Mauritius
Mayotte
Mexico
Midway Islands
Moldova
Monaco
Mongolia
Montserrat
Morocco
Mozambique
Namibia
Nauru
Navassa Island
Netherlands
Netherlands Antilles
New Caledonia
New Zealand
Nicaragua
Niger
Nigeria
Niue
Norfolk Island
Northern Mariana Islands
Norway
Oman
Pacific Ocean
Pakistan
Palau
Palmyra Atoll
Panama
Papua New Guinea
Paracel Islands
Paraguay
Peru
Philippines
Pitcairn Islands
Poland
Portugal
Puerto Rico
Qatar
Reunion
Romania
Rwanda
Saint Helena
Saint Kitts & Nevis
Saint Lucia
Saint Pierre & Miquelon
Saint Vincent & The Grenadines
San Marino
Sao Tome & Principe
Saudi Arabia
Senegal
Serbia & Montenegro
Seychelles
Sierra Leone
Singapore
Slovakia
Solomon Islands
Somalia
South Africa
Southern Ocean
Spain
Spratly Islands
Sri Lanka
Sudan
Suriname
Svalbard
Swaziland
Sweden
Switzerland
Syria
Taiwan
Tajikistan
Tanzania
Thailand
Togo
Tokelau
Tonga
Trinidad & Tobago
Tromelin Island
Tunisia
Turkey
Turkmenistan
Turks & Caicos Islands
Tuvalu
Uganda
Ukraine
United Arab Emirates
United Kingdom
United States
Uruguay
Uzbekistan
Vanuatu
Venezuela
Vietnam
Virgin Islands
Wake Island
Wallis & Futuna
West Bank
Western Sahara
World
Yemen
Zambia
Zimbabwe