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EconomyEconomy - 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 (purchasing power parity) World Ranking: 202
$953.6 million (2005 est.)
Gdp (official exchange rate)
$NA
Gdp - real growth rate
NA%
Gdp - per capita (ppp) World Ranking: 149
$4,900 (2005 est.)
Gdp - composition by sector
Agriculture NA%
Industry NA% Services NA% Labor force World Ranking: 191
44,560 (2002)
Unemployment rate World Ranking: 173
25.4% (2005)
Population below poverty line
NA%
Household income or consumption by percentage share
Lowest 10% NA%
Highest 10% NA% Budget
Revenues $420 million
Expenditures $394 million (2005) Inflation rate (consumer prices) World Ranking: 47
1.7% (2005)
Market value of publicly traded shares
$NA
Agriculture - products
Vanilla, ylang-ylang (perfume essence), coffee, copra; fish, livestock Industries
Newly created lobster and shrimp industry, construction Industrial production growth rate
NA%
Electricity - production
NA kWh
Electricity - consumption World Ranking: 184
139.2 million kWh (2005)
Exports World Ranking: 213
$6.5 million (2005)
Exports - commodities
Ylang-ylang (perfume essence), vanilla, copra, coconuts, coffee, cinnamon Imports World Ranking: 191
$341 million (2005)
Imports - commodities
Food, machinery and equipment, transportation equipment, metals, chemicals Debt - external
$NA
Exchange rates
Euros (EUR) per US dollar - 0.7715 (2010), 0.7179 (2009), 0.6734 (2008), 0.7345 (2007), 0.7964 (2006)
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Mayotte [ France ] (Overseas Territory):
 
GPS points from Mayotte [ France ] (Overseas Territory)
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Mayotte was ceded to France along with the other islands of the Comoros group in 1843. It was the only island in the archipelago that voted in 1974 to retain its link with France and forego independence. In March 2009, Mayotte voted overwhelmingly to become France's 101st department - and fifth overseas department - a change scheduled to become official in 2011.