Diplomatic representation in US: none (overseas department of
France)
US diplomatic representation: none (overseas department of France)
Flag: a light blue background is divided into four quadrants by a white cross; in the center of each rectangle is a white snake; the flag of France is used for official occasions
Economy ———-
Economic overview: The economy is based on sugarcane, bananas, tourism, and light industry. Agriculture accounts for about 6% of GDP and the small industrial sector for 11%. Sugar production has declined, with most of the sugarcane now used for the production of rum. Banana exports are increasing, going mostly to France. The bulk of meat, vegetable, and grain requirements must be imported, contributing to a chronic trade deficit that requires large annual transfers of aid from France. Tourism has become more important than agricultural exports as a source of foreign exchange. The majority of the work force is employed in the service sector and in administration. Banana workers launched protests late in 1992 because of falling banana prices and fears of greater competition in the European market from other producers.
GDP: purchasing power parity - $3.95 billion (1995 est.)
GDP real growth rate: NA%
GDP per capita: $10,000 (1995 est.)
GDP composition by sector: agriculture: 6% industry: 11% services: 83% (1992 est.)
Inflation rate (consumer prices): 3.9% (1990)