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.
What is the GDP of Martinique?
|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|
|Currency Code||euro (EUR)|