Guadeloupe Economy 1995
SOURCE: 1995 CIA WORLD FACTBOOK
Overview: The economy depends on agriculture, tourism, light industry, and services. It is also dependent upon France for large subsidies and imports. Tourism is a key industry, with most tourists from the US. In addition, an increasingly large number of cruise ships visit the islands. The traditionally important 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, which comes mainly from France. Light industry consists mostly of sugar and rum production. Most manufactured goods and fuel are imported. Unemployment is especially high among the young.
National product: GDP - exchange rate conversion - $2.9 billion (1991)
National product real growth rate: NA%
National product per capita: $8,400 (1991)
Inflation rate (consumer prices): 3.7% (1990)
Unemployment rate: 31.3% (1990)
$168 million (f.o.b., 1988)
$1.2 billion (c.i.f., 1988)
External debt: $NA
Industrial production: growth rate NA%
Industries: construction, cement, rum, sugar, tourism
Agriculture: cash crops - bananas, sugarcane; other products include tropical fruits and vegetables; livestock - cattle, pigs, goats; not self-sufficient in food
1 French franc (F) = 100 centimes
NOTE: The information regarding Guadeloupe on this page is re-published from the 1995 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Guadeloupe Economy 1995 information contained here. All suggestions for corrections of any errors about Guadeloupe Economy 1995 should be addressed to the CIA.