Is Reunion a rich country?
The economy has traditionally been based on agriculture, but services now dominate. Sugarcane has been the primary crop for more than a century, and in some years it accounts for 85% of exports. The government has been pushing the development of a tourist industry to relieve high unemployment, which amounts to one-third of the labor force. The gap in Reunion between the well-off and the poor is extraordinary and accounts for the persistent social tensions. The white and Indian communities are substantially better off than other segments of the population, often approaching European standards, whereas minority groups suffer the poverty and unemployment typical of the poorer nations of the African continent. The outbreak of severe rioting in February 1991 illustrates the seriousness of socioeconomic tensions. The economic well-being of Reunion depends heavily on continued financial assistance from France.
What is the GDP of Reunion?
|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||sugar, rum, cigarettes, handicraft items, flower oil extraction|
|Agriculture Products||sugarcane, vanilla, tobacco, tropical fruits, vegetables, corn|
|Exchange Rate per US Dollar||euro (EUR)|