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Mayotte Economy: A summary of information about Mayotte Economy, from government research data as well as independent research and other sources.
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.
purchasing power parity - $85 million (1998 est.)
purchasing power parity - $600 (1998 est.)
agriculture: NA% industry: NA% services: NA%
lowest 10%: NA% highest 10%: NA%
revenues: $NA expenditures: $73 million, including capital expenditures of $NA (1991 est.)
newly created lobster and shrimp industry, construction
fossil fuel: NA% hydro: NA% nuclear: NA% other: NA%
vanilla, ylang-ylang (perfume essence), coffee, copra
$3.44 million (f.o.b., 1997)
ylang-ylang (perfume essence), vanilla, copra, coconuts, coffee, cinnamon
France 80%, Comoros 15%, Reunion
$141.3 million (f.o.b., 1997)
food, machinery and equipment, transportation equipment, metals, chemicals
France 66%, Africa 14%, Southeast Asia 11% (1997)
$107.7 million (1995); note - extensive French financial assistance
1 French franc (F) = 100 centimes
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)