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Economy Of Martinique
The economy of Martinique is mostly based in the services sector. Agriculture accounts for about 6% of Martinique's 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 has become more important than agricultural exports as a source of foreign exchange. The majority of the work force is employed in the service sector and in administration. Gross domestic product GDP: real exchange rate - US$9.61 billion (in 2006) GDP - real growth rate: 2.8% (in 2006) GDP - per capita: real exchange rate - US$24,118 (in 2006) GDP - composition by sector: ''agriculture:'' 6% ''industry:'' 11% ''services:'' 83% (1997 est.) Demographics Population below poverty line: NA% Hou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Martinique - Fort-de-France Centre-Ville
Martinique ( ; or ; Kalinago language, Kalinago: or ) is an island in the Lesser Antilles of the West Indies, in the eastern Caribbean Sea. It was previously known as Iguanacaera which translates to iguana island in Carib language, Kariʼnja. A part of the French West Indies (Antilles), Martinique is an Overseas departments and regions of France, overseas department and region and a single territorial collectivity of France. It is a part of the European Union as an outermost region within the special territories of members of the European Economic Area, and an associate member of the Caribbean Community, CARICOM, the Organization of Eastern Caribbean States (OECS), the Association of Caribbean States (ACS), and the Economic Commission for Latin America and the Caribbean (ECLAC) but is not part of the Schengen Area or the European Union Customs Union. The currency in use is the euro. It has been a UNESCO Biosphere Reserve since 2021 for its entire land and sea territory. In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
