Martinique Economy

Is Martinique a rich country?

The economy is based on sugarcane, bananas, tourism, and light industry. Agriculture accounts for about 6% of GDP and the small industrial sector for 11%. Sugar production has declined, with most of the sugarcane now used for the production of rum. Banana exports are increasing, going mostly to France. The bulk of meat, vegetable, and grain requirements must be imported, contributing to a chronic trade deficit that requires large annual transfers of aid from France. Tourism, which employs more than 11,000 people, has become more important than agricultural exports as a source of foreign exchange.

Martinique Economy Data

What is the GDP of Martinique?

Currency Name and Code Euro (EUR)
GDP - Gross Domestic Product (PPP) $0 (USD)
GDP - official exchange rate $0 (USD)
GDP Per Capita $0.00 (USD)
Fiscal Year calendar year
Annual Budget $0 (USD)
Major Industries construction, rum, cement, oil refining, sugar, tourism
Agriculture Products pineapples, avocados, bananas, flowers, vegetables, sugarcane
Exchange Rate per US Dollar euro (EUR)

Labor Force by Occupation- As reported by Martinique

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