Economy - overview 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 - $63 million (1997 est.)

GDP - real growth rate NA%

GDP - per capita purchasing power parity - $600 (1997 est.)

GDP - composition by sector
agriculture: NA%
industry: NA%
services: NA%

Inflation rate - consumer price index NA%

Labor force NA

Unemployment rate 38% (1991 est.)

Budget
revenues: $NA
expenditures: $73 million, including capital expenditures of $NA (1991 est.)

Industries newly created lobster and shrimp industry

Industrial production growth rate NA%

Electricity - capacity NA kW

Electricity - production NA kWh

Electricity - consumption per capita NA kWh

Agriculture - products vanilla, ylang-ylang (perfume essence), coffee, copra

Exports
total value: $3.64 million (f.o.b., 1996)
commodities: ylang-ylang (perfume essence), vanilla, copra
partners: France 80%, Comoros 15%, Reunion

Imports
total value: $131.5 million (f.o.b., 1996)
commodities: building materials, machinery and transportation equipment, metals, chemicals, rice, clothing, flour
partners: France 66%, Africa 14%, Southeast Asia 20%

Debt - external $NA

Economic aid
recipient: ODA, $NA
note: extensive French financial assistance

Currency 1 French franc (F) = 100 centimes

Exchange rates French francs (F) per US$1 - 6.0836 (January 1998), 5.8367 (1997), 5.1155 (1996), 4.9915 (1995), 5.5520 (1994), 5.6632 (1993)

Fiscal year calendar year

NOTE: The information regarding Mayotte on this page is re-published from the 1998 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Mayotte Economy 1998 information contained here. All suggestions for corrections of any errors about Mayotte Economy 1998 should be addressed to the CIA.