Guadeloupe - Economy

Economy

Main article: Economy of Guadeloupe

In 2006, the GDP per capita of Guadeloupe at market exchange rates, not at PPP, was €17,338 (US$21,780).

The economy of Guadeloupe depends on tourism, agriculture, light industry and services. But it especially depends on France for large subsidies and imports.

Tourism is a key industry, with 83.3% of tourists visiting from metropolitan France, 10.8% coming from the rest of Europe, 3.4% coming from the United States, 1.5% coming from Canada, 0.4% coming from South America, and 0.6% coming from the rest of the world. An increasingly large number of cruise ships visit the islands.

The traditional sugar cane crop is slowly being replaced by other crops, such as bananas (which now supply about 50% of export earnings), eggplant, guinnep, noni, sapotilla, paroka, pikinga, giraumon squash, yam, gourd, plantain, christophine, monbin, prunecafé, cocoa, jackfruit, pomegranate, and many varieties of flowers. Other vegetables and root crops are cultivated for local consumption, although Guadeloupe is still dependent on imported food, mainly from France.

Light industry features sugar and rum, solar energy, and many industrial productions. Most manufactured goods and fuel are imported. Unemployment is especially high among the youth. Hurricanes periodically devastate the economy.

The country code top-level domain (ccTLD) for Guadeloupe is ".gp".

Read more about this topic:  Guadeloupe

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