Mayotte flag

The Economy of Mayotte

Mahoran Economy

Mayotte's map

Economy - overview: Economic activity is based primarily on the agricultural sector, including fishing and livestock raising. Mayotte is not self-sufficient and must import a large portion of its food requirements, mainly from France. The economy and future development of the island are heavily dependent on French financial assistance, an important supplement to GDP. Mayotte's remote location is an obstacle to the development of tourism.

GDP:

GDP - real growth rate: NA%

GDP - per capita:

GDP - composition by sector: agriculture: NA% industry: NA% services: NA%

Population below poverty line:

Household income or consumption by percentage share: lowest 10%: NA% highest 10%: NA%

Distribution of family income - Gini index:

Inflation rate (consumer prices):

Labor force: 44,560 (2002)

Labor force - by occupation:

Unemployment rate: 25.4% (2005)

Budget: revenues: $420 million expenditures: $394 million (2005)

Industries: newly created lobster and shrimp industry, construction

Industrial production growth rate: NA%

Electricity - production: NA kWh

Electricity - production by source:

Electricity - consumption: 139.2 million kWh (2005)

Electricity - exports:

Electricity - imports:

Oil - production:

Oil - consumption:

Oil - exports:

Oil - imports:

Oil - proved reserves:

Natural gas - production:

Natural gas - consumption:

Natural gas - exports:

Natural gas - imports:

Natural gas - proved reserves:

Agriculture - products: vanilla, ylang-ylang (perfume essence), coffee, copra, fish, livestock

Exports: $6.5 million f.o.b. (2005)

Exports - commodities: ylang-ylang (perfume essence), vanilla, copra, coconuts, coffee, cinnamon

Exports - partners:

Imports: $341 million f.o.b.; note - excludes petroleum imports (2005)

Imports - commodities: food, machinery and equipment, transportation equipment, metals, chemicals

Imports - partners:

Debt - external: $NA

Economic aid - recipient:

Currency:

Currency code:

Exchange rates: euros (EUR) per US dollar - 0.6734 (2008 est.), 0.7345 (2007), 0.7964 (2006), 0.8041 (2005), 0.8054 (2004)

Fiscal year: