Economy of French Guiana

Economy of French Guiana
Statistics
GDP	US$3.52 billion (in 2006)
GDP growth	6.4% (in 2006)
GDP per capita	US$17,336 (in 2006)
Inflation (CPI)	1% (2002)
Labour force	58.800 (1997)
Labour force by occupation	services, government, and commerce 60,6%, industry 21,2%, agriculture 18,2% (1980)
Unemployment	19,2% (2001 est.)
Main industries	construction, space exploration, shrimp processing, forestry products, rum, gold mining
External
Exports	US$1,501 million (in 2006)
Export goods	satellites, shrimp, timber, gold, rum, rosewood essence, clothing
Main export partners	France 62%, Switzerland 7%, United States 2% (2004)
Imports	US$1,693 million (in 2006)
Import goods	food (grains, processed meat), machinery and transport equipment, fuels and chemicals
Main import partners	France 63%, United States, Trinidad and Tobago, Italy (2004)
Gross external debt	$800,3 million (1988)
	All values, unless otherwise stated, are in US dollars.

The economy of French Guiana is tied closely to that of mainland France through subsidies and imports. Besides the 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.

Budget:
revenues: $135,5 million
expenditures: $135,5 million, including capital expenditures of $105 million (1996)

Electricity - production: 465,2 GWh (2003)

Electricity - production by source:
fossil fuel: 100%
hydro: 0%
nuclear: 0%
other: 0% (1998)

Electricity - consumption: 432,6 GWh (2003)

Electricity - exports: 0 kWh (2003)

Electricity - imports: 0 kWh (2003)

A combined power plant with 55 MW solar, 3 MW hydrogen fuel cell, 20MW/38MWh battery and 16 MW hydrogen electrolyser with 88MWh storage began construction in 2021.^[2]

Agriculture - products: rice, manioc (tapioca), sugar, cocoa, vegetables, bananas; cattle, pigs, poultry

Currency: Euro

Fiscal year: calendar year

References

^ ^a ^b ^c ^d ^e (in French) INSEE-CEROM. "Les comptes économiques de la Guyane en 2006 : premiers résultats" (PDF). Archived from the original (PDF) on 2008-02-16. Retrieved 2008-01-14.
^ Collins, Leigh (5 October 2021). "Construction begins on world's largest green hydrogen power plant, part of unique baseload solar project". Recharge | Latest renewable energy news. Archived from the original on 9 October 2021.

"The economic accounts of Guyana in 2006: first results" (PDF). Retrieved 2008-01-14.

Statistics
GDP	US$3.52 billion (in 2006)^[1]
GDP growth	6.4% (in 2006)^[1]
GDP per capita	US$17,336 (in 2006)^[1]
Inflation (CPI)	1% (2002)
Labour force	58.800 (1997)
Labour force by occupation	services, government, and commerce 60,6%, industry 21,2%, agriculture 18,2% (1980)
Unemployment	19,2% (2001 est.)
Main industries	construction, space exploration, shrimp processing, forestry products, rum, gold mining
External
Exports	US$1,501 million (in 2006)^[1]
Export goods	satellites, shrimp, timber, gold, rum, rosewood essence, clothing
Main export partners	France 62%, Switzerland 7%, United States 2% (2004)
Imports	US$1,693 million (in 2006)^[1]
Import goods	food (grains, processed meat), machinery and transport equipment, fuels and chemicals
Main import partners	France 63%, United States, Trinidad and Tobago, Italy (2004)
Gross external debt	$800,3 million (1988)
All values, unless otherwise stated, are in US dollars.

Economy of French Guiana

References

See also