Economy of French Guiana: Difference between revisions

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{{Short description|None}}
<b>Economy - overview:</b>
{{CIA}}
The economy is tied closely to that of France through subsidies and imports. Besides the French space center at Kourou, fishing and forestry are the most important economic activities. The large reserves of tropical hardwoods, not fully exploited, support an expanding sawmill industry which provides sawn logs for export. Cultivation of crops is limited to the coastal area, where the population is largely concentrated; [[rice]] and [[manioc]] are the major crops. French Guiana is heavily dependent on imports of food and energy. Unemployment is a serious problem, particularly among younger workers.
{{Update|date=January 2021}}
 
The '''economy of French Guiana''' is tied closely to that of mainland France through subsidies and imports. Besides the [[Guiana Space Centre|French space center]] at [[Kourou]], [[fishing]] and [[forestry]] are the most important economic activities in [[French Guiana]]. The large reserves of tropical hardwoods, not fully exploited, support an expanding sawmill industry which provides saw logs for export. Cultivation of crops is limited to the coastal area, where the population is largely concentrated; [[rice]] and [[manioc]] are the major crops. French Guiana is heavily dependent on imports of food and energy. [[Unemployment]] is a serious problem, particularly among younger workers.
<b>GDP:</b>
purchasing power parity - $1 billion (1998 est.)
<p><b>GDP - real growth rate:</b>
NA%
<p><b>GDP - per capita:</b>
purchasing power parity - $6,000 (1998 est.)
<p><b>GDP - composition by sector:</b>
<br><i>agriculture:</i>
NA%
<br><i>industry:</i>
NA%
<br><i>services:</i>
NA%
<p><b>Population below poverty line:</b>
NA%
<p><b>Household income or consumption by percentage share:</b>
<br><i>lowest 10%:</i>
NA%
<br><i>highest 10%:</i>
NA%
<p><b>Inflation rate (consumer prices):</b>
2.5% (1992)
<p><b>Labor force:</b>
58,800 (1997)
<p><b>Labor force - by occupation:</b>
services, government, and commerce 60.6%, industry 21.2%, agriculture 18.2% (1980)
<p><b>Unemployment rate:</b>
21.4% (1998 est.)
<p><b>Budget:</b>
<br><i>revenues:</i>
$225 million
<br><i>expenditures:</i>
$390 million, including capital expenditures of $105 million (1996)
 
{{Infobox economy
<b>Industries:</b>
| country = French Guiana
construction, [[shrimp]] processing, forestry products, [[rum]], [[gold]] mining
| image =
| image_size =
| caption =
| currency =
| fixed exchange =
| year =
| organs =
| group =
| gdp = US$4.93 billion (in 2019)<ref name=economy>{{in lang|fr}} {{cite web|url= http://prod-afd.afd.zeni.fr/jahia/webdav/site/cerom/users/admin_cerom/public/Pdf/CR2006_guy.pdf |title=Les comptes économiques de la Guyane en 2006 : premiers résultats|author=INSEE-CEROM|author-link=INSEE|access-date=2008-01-14|url-status=dead|archive-url= https://web.archive.org/web/20080216020110/http://prod-afd.afd.zeni.fr/jahia/webdav/site/cerom/users/admin_cerom/public/Pdf/CR2006_guy.pdf |archive-date=2008-02-16}}</ref>
| gdp rank =
| growth = 6.4% (in 2006)<ref name=economy />
| per capita = US$17,336 (in 2006)<ref name=economy />
| per capita rank =
| sectors =
| components =
| inflation = 1% (2002)
| bankrate =
| poverty =
| gini =
| hdi =
| labor = 58.800 (1997)
| occupations = services, government, and commerce 60,6%, industry 21,2%, agriculture 18,2% (1980)
| unemployment = 19,2% (2001 est.)
| average gross salary =
| gross median =
| average net salary =
| net median =
| industries = construction, space exploration, [[shrimp]] processing, forestry products, [[rum]], [[gold]] mining
| edbr =
| exports = US$1,501 million (in 2006)<ref name=economy />
| export-goods = satellites, [[shrimp]], timber, [[gold]], [[rum]], [[rosewood (timber)|rosewood]] essence, clothing
| export-partners = France 62%, Switzerland 7%, United States 2% (2004)
| imports = US$1,693 million (in 2006)<ref name=economy />
| import-goods = food (grains, processed meat), machinery and transport equipment, fuels and chemicals
| import-partners = France 63%, United States, [[Trinidad and Tobago]], Italy (2004)
| FDI =
| current account =
| gross external debt = $800,3 million (1988)
| NIIP =
| debt =
| balance =
| revenue =
| expenses =
| aid =
| credit =
| reserves =
| cianame = fg
| spelling = |usebelowbox
| presentUS$asdefault =
}}
 
'''Budget:'''
<b>Industrial production growth rate:</b>
<br />''revenues:''
NA%
$135,5&nbsp;million
<p><b>Electricity - production:</b>
<br />''expenditures:''
430 million kWh (1998)
$135,5&nbsp;million, including capital expenditures of $105&nbsp;million (1996)
<p><b>Electricity - production by source:</b>
 
<br><i>fossil fuel:</i>
'''Electricity - production:'''
465,2 GWh (2003)
 
'''Electricity - production by source:'''
<br />''fossil fuel:''
100%
<br /><i>''hydro:</i>''
0%
<br /><i>''nuclear:</i>''
0%
<br /><i>''other:</i>''
0% (1998)
<p><b>Electricity - consumption:</b>
400 million kWh (1998)
<p><b>Electricity - exports:</b>
0 kWh (1998)
<p><b>Electricity - imports:</b>
0 kWh (1998)
 
'''Electricity - consumption:'''
<b>Agriculture - products:</b>
432,6 GWh (2003)
[[rice]], [[manioc]] ([[tapioca]]), [[sugar]], [[cocoa]], vegetables, [[banana]]s; [[cattle]], [[pig]]s, [[poultry]]
 
'''Electricity - exports:'''
<b>Exports:</b>
0 kWh (2003)
$155 million (f.o.b., 1997)
 
'''Electricity - imports:'''
<b>Exports - commodities:</b>
0 kWh (2003)
[[shrimp]], timber, [[gold]], [[rum]], [[rosewood]] essence, clothing
 
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<b>Exports - partners:</b>
[[France]] 62%, [[Switzerland]] 7%, [[United States]] 2% (1997)
 
'''Agriculture - products:'''
<b>Imports:</b>
[[rice]], [[manioc]] ([[tapioca]]), [[sugar]], [[Cocoa bean|cocoa]], vegetables, [[banana]]s; [[cattle]], [[pig]]s, [[poultry]]
$625 million (c.i.f., 1997)
 
'''Currency:'''
<b>Imports - commodities:</b>
[[Euro]]
food (grains, processed meat), machinery and transport equipment, fuels and chemicals
 
'''Fiscal year:'''
<b>Imports - partners:</b>
[[France]] 52%, [[United States]] 14%, [[Trinidad and Tobago]] 6% (1997)
 
<b>Debt - external:</b>
$1.2 billion (1988)
<p><b>Economic aid - recipient:</b>
$NA
<p><b>Currency:</b>
1 euro (EUR) = 100 cent
<p><b>Exchange rates:</b>
euros per US$1 - 0.9867 (January 2000), 0.9386 (1999)
<p><b>Fiscal year:</b>
calendar year
 
== References ==
:''See also :'' [[French Guiana]]
{{reflist}}
"The economic accounts of Guyana in 2006: first results" (PDF). Retrieved 2008-01-14.
 
== See also ==
* Economy of France in: French Guiana, [[Economy of French Polynesia|French Polynesia]], [[Economy of Guadeloupe|Guadeloupe]], [[Economy of Martinique|Martinique]], [[Economy of Mayotte|Mayotte]], [[Economy of New Caledonia|New Caledonia]], [[Economy of Réunion|Réunion]], [[Economy of Saint Barthélemy|Saint Barthélemy]], [[Economy of Saint Martin (France)|Saint Martin]], [[Economy of Saint Pierre and Miquelon|Saint Pierre and Miquelon]], [[Economy of Wallis and Futuna|Wallis and Futuna]]
* [[Montagne d'Or mine]]
* [[Taxation in France]]
* [[Economic history of France]]
* [[Poverty in France]]
 
{{Americas topic|Economy of}}
{{Caribbean in topic|Economy of}}
{{EU Dependent economies|state=collapsed}}
{{Portal bar|France|Economy}}
{{Commons category-inline}}
 
{{DEFAULTSORT:Economy Of French Guiana}}
[[Category:Economy of French Guiana| ]]