Economy (Mayotte)
=================


     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 is heavily dependent on French
         financial assistance.
     GDP:
         exchange rate conversion - $NA, per capita $NA; real growth rate NA%
     Inflation rate (consumer prices):
         NA%
     Unemployment rate:
         NA%
     Budget:
         revenues $NA; expenditures $37.3 million, including capital expenditures of
         $NA (1985)
     Exports:
         $4.0 million (f.o.b., 1984)
       commodities:
         ylang-ylang, vanilla
       partners:
         France 79%, Comoros 10%, Reunion 9%
     Imports:
         $21.8 million (f.o.b., 1984)
       commodities:
         building materials, transportation equipment, rice, clothing, flour
       partners:
         France 57%, Kenya 16%, South Africa 11%, Pakistan 8%
     External debt:
         $NA
     Industrial production:
         growth rate NA%
     Electricity:
         NA kW capacity; NA million kWh produced, NA kWh per capita
     Industries:
         newly created lobster and shrimp industry
     Agriculture:
         most important sector; provides all export earnings; crops - vanilla,
         ylang-ylang, coffee, copra; imports major share of food needs
     Economic aid:
         Western (non-US) countries, ODA and OOF bilateral commitments (1970-89),
         $402 million
     Currency:
         French franc (plural - francs); 1 French franc (F) = 100 centimes
     Exchange rates:
         French francs (F) per US$1 - 5.3801 (January 1992), 5.6421 (1991), 5.4453
         (1990), 6.3801 (1989), 5.9569 (1988), 6.0107 (1987)
     Fiscal year:
         calendar year