Flag description:
the flag of France is used
Economy Guadeloupe
Economy - overview:
The Caribbean 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 (1997 est.)
GDP - real growth rate:
NA%
GDP - per capita:
purchasing power parity - $9,000 (1997 est.)
GDP - composition by sector:
agriculture: 15%
industry: 17%
services: 68% (1997 est.)
Population below poverty line:
NA%
Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices):
NA%