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Mayotte:
Economy

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Mayotte Page


Economy - overview
Definition
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 (purchasing power parity)
Definition - World rank and map
$953.6 million (2005 est.)
GDP (official exchange rate)
Definition
$NA
GDP - real growth rate
Definition - World rank and map
NA%
GDP - per capita
Definition - World rank and map
$4,900 (2005 est.)
GDP - composition by sector
Definition
agriculture: NA%
industry: NA%
services: NA%
Labor force
Definition
44,560 (2002)
Unemployment rate
Definition - World rank and map
25.4% (2005)
Population below poverty line
Definition
NA%
Household income or consumption by percentage share
Definition
lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices)
Definition - World rank and map
1.7% (2005)
Budget
Definition
revenues: $420 million
expenditures: $394 million (2005)
Agriculture - products
Definition
vanilla, ylang-ylang (perfume essence), coffee, copra, fish, livestock
Industries
Definition
newly created lobster and shrimp industry, construction
Industrial production growth rate
Definition - World rank and map
NA%
Electricity - production
Definition - World rank and map
NA kWh
Electricity - consumption
Definition - World rank and map
139.2 million kWh (2005)
Electricity - consumption per capita
Definition - World rank and map
643.6 kWh (2005)
Exports
Definition - World rank and map
$6.5 million f.o.b. (2005)
Exports - commodities
Definition
ylang-ylang (perfume essence), vanilla, copra, coconuts, coffee, cinnamon
Exports - partners
Definition
France 43%, Comoros 36%, Reunion 15% (2006)
Imports
Definition - World rank and map
$341 million f.o.b.; note - excludes petroleum imports (2005)
Imports - commodities
Definition
food, machinery and equipment, transportation equipment, metals, chemicals
Imports - partners
Definition
France 49%, Seychelles 8.8%, China 4.1% (2006)
Debt - external
Definition - World rank and map
$NA
Market value of publicly traded shares
Definition
$NA
Economic aid - recipient
Definition
$201.3 million; note - extensive French financial assistance (2005)
Currency (code)
Definition
euro (EUR)
Exchange rates
Definition
euros per US dollar - 0.7345 (2007), 0.7964 (2006), 0.8041 (2005), 0.8054 (2004), 0.886 (2003)
Fiscal year
Definition
calendar year


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