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{{Short description|None}}
{{Multiple issues|{{CIA}}|
{{Update|date:January 2021}}}}
{{CIA}}
{{Update|date=January 2021}}


The '''economy of French Guiana''' is tied closely to that of mainland [[France]] through subsidies and imports. Besides the [[Guiana Space Centre|French space center]] at [[Kourou]], [[fishing]] and [[forestry]] are the most important economic activities in [[French Guiana]]. The large reserves of tropical hardwoods, not fully exploited, support an expanding sawmill industry which provides saw logs for export. Cultivation of crops is limited to the coastal area, where the population is largely concentrated; [[rice]] and [[manioc]] are the major crops. French Guiana is heavily dependent on imports of food and energy. [[Unemployment]] is a serious problem, particularly among younger workers.
The '''economy of French Guiana''' is tied closely to that of mainland France through subsidies and imports. Besides the [[Guiana Space Centre|French space center]] at [[Kourou]], [[fishing]] and [[forestry]] are the most important economic activities in [[French Guiana]]. The large reserves of tropical hardwoods, not fully exploited, support an expanding sawmill industry which provides saw logs for export. Cultivation of crops is limited to the coastal area, where the population is largely concentrated; [[rice]] and [[manioc]] are the major crops. French Guiana is heavily dependent on imports of food and energy. [[Unemployment]] is a serious problem, particularly among younger workers.


{{Infobox economy
{{Infobox economy
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| organs =
| organs =
| group =
| group =
| gdp = US$3.52 billion (in 2006)<ref name=economy>{{in lang|fr}} {{cite web|url=http://prod-afd.afd.zeni.fr/jahia/webdav/site/cerom/users/admin_cerom/public/Pdf/CR2006_guy.pdf|title=Les comptes économiques de la Guyane en 2006 : premiers résultats|author=INSEE-CEROM|author-link=INSEE|access-date=2008-01-14|url-status=dead|archive-url=https://web.archive.org/web/20080216020110/http://prod-afd.afd.zeni.fr/jahia/webdav/site/cerom/users/admin_cerom/public/Pdf/CR2006_guy.pdf|archive-date=2008-02-16}}</ref>
| gdp = US$3.52 billion (in 2006)<ref name=economy>{{in lang|fr}} {{cite web|url= http://prod-afd.afd.zeni.fr/jahia/webdav/site/cerom/users/admin_cerom/public/Pdf/CR2006_guy.pdf |title=Les comptes économiques de la Guyane en 2006 : premiers résultats|author=INSEE-CEROM|author-link=INSEE|access-date=2008-01-14|url-status=dead|archive-url= https://web.archive.org/web/20080216020110/http://prod-afd.afd.zeni.fr/jahia/webdav/site/cerom/users/admin_cerom/public/Pdf/CR2006_guy.pdf |archive-date=2008-02-16}}</ref>
| gdp rank =
| gdp rank =
| growth = 6.4% (in 2006)<ref name=economy />
| growth = 6.4% (in 2006)<ref name=economy />
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| exports = US$1,501 million (in 2006)<ref name=economy />
| exports = US$1,501 million (in 2006)<ref name=economy />
| export-goods = satellites, [[shrimp]], timber, [[gold]], [[rum]], [[rosewood (timber)|rosewood]] essence, clothing
| export-goods = satellites, [[shrimp]], timber, [[gold]], [[rum]], [[rosewood (timber)|rosewood]] essence, clothing
| export-partners = [[France]] 62%, [[Switzerland]] 7%, [[United States]] 2% (2004)
| export-partners = France 62%, Switzerland 7%, United States 2% (2004)
| imports = US$1,693 million (in 2006)<ref name=economy />
| imports = US$1,693 million (in 2006)<ref name=economy />
| import-goods = food (grains, processed meat), machinery and transport equipment, fuels and chemicals
| import-goods = food (grains, processed meat), machinery and transport equipment, fuels and chemicals
| import-partners = [[France]] 63%, [[United States]], [[Trinidad and Tobago]], [[Italy]] (2004)
| import-partners = France 63%, United States, [[Trinidad and Tobago]], Italy (2004)
| FDI =
| FDI =
| current account =
| current account =
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'''Budget:'''
'''Budget:'''
<br>''revenues:''
<br />''revenues:''
$135,5&nbsp;million
$135,5&nbsp;million
<br>''expenditures:''
<br />''expenditures:''
$135,5&nbsp;million, including capital expenditures of $105&nbsp;million (1996)
$135,5&nbsp;million, including capital expenditures of $105&nbsp;million (1996)


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'''Electricity - production by source:'''
'''Electricity - production by source:'''
<br>''fossil fuel:''
<br />''fossil fuel:''
100%
100%
<br>''hydro:''
<br />''hydro:''
0%
0%
<br>''nuclear:''
<br />''nuclear:''
0%
0%
<br>''other:''
<br />''other:''
0% (1998)
0% (1998)


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'''Electricity - imports:'''
'''Electricity - imports:'''
0 kWh (2003)
0 kWh (2003)

A combined power plant with 55 MW solar, 3 MW hydrogen fuel cell, 20MW/38MWh battery and 16 MW hydrogen electrolyser with 88MWh storage began construction in 2021.<ref>{{cite web |last1=Collins |first1=Leigh |title=Construction begins on world’s largest green hydrogen power plant, part of unique baseload solar project |url=https://www.rechargenews.com/energy-transition/construction-begins-on-world-s-largest-green-hydrogen-power-plant-part-of-unique-baseload-solar-project/2-1-1077815 |website=Recharge {{!}} Latest renewable energy news |archive-url= https://web.archive.org/web/20211009172041/https://www.rechargenews.com/energy-transition/construction-begins-on-world-s-largest-green-hydrogen-power-plant-part-of-unique-baseload-solar-project/2-1-1077815 |archive-date=9 October 2021 |language=en |date=5 October 2021 |url-status=live}}</ref>


'''Agriculture - products:'''
'''Agriculture - products:'''
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== References ==
== References ==
{{reflist}}
{{reflist}}
" The economic accounts of Guyana in 2006: first results " (PDF). Retrieved 2008-01-14.
"The economic accounts of Guyana in 2006: first results" (PDF). Retrieved 2008-01-14.


== See also ==
== See also ==
{{Portal|France|French Guiana|Economy}}
* Economy of France in: French Guiana, [[Economy of French Polynesia|French Polynesia]], [[Economy of Guadeloupe|Guadeloupe]], [[Economy of Martinique|Martinique]], [[Economy of Mayotte|Mayotte]], [[Economy of New Caledonia|New Caledonia]], [[Economy of Réunion|Réunion]], [[Economy of Saint Barthélemy|Saint Barthélemy]], [[Economy of Saint Martin (France)|Saint Martin]], [[Economy of Saint Pierre and Miquelon|Saint Pierre and Miquelon]], [[Economy of Wallis and Futuna|Wallis and Futuna]]
* Economy of France in: French Guiana, [[Economy of French Polynesia|French Polynesia]], [[Economy of Guadeloupe|Guadeloupe]], [[Economy of Martinique|Martinique]], [[Economy of Mayotte|Mayotte]], [[Economy of New Caledonia|New Caledonia]], [[Economy of Réunion|Réunion]], [[Economy of Saint Barthélemy|Saint Barthélemy]], [[Economy of Saint Martin (France)|Saint Martin]], [[Economy of Saint Pierre and Miquelon|Saint Pierre and Miquelon]], [[Economy of Wallis and Futuna|Wallis and Futuna]]
* [[Montagne d'Or mine]]
* [[Montagne d'Or mine]]
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{{Caribbean in topic|Economy of}}
{{Caribbean in topic|Economy of}}
{{EU Dependent economies|state=collapsed}}
{{EU Dependent economies|state=collapsed}}
{{Portal bar|France|Economy}}

{{Commons category-inline}}
{{Commons category-inline}}


{{DEFAULTSORT:Economy Of French Guiana}}
{{DEFAULTSORT:Economy Of French Guiana}}
[[Category:Economy of French Guiana| ]]
[[Category:Economy of French Guiana| ]]
[[Category:Economy of France by region|*French Guiana]]
[[Category:Economies by country|French Guiana]]

Latest revision as of 04:50, 30 June 2024

The economy of French Guiana is tied closely to that of mainland France through subsidies and imports. Besides the French space center at Kourou, fishing and forestry are the most important economic activities in French Guiana. The large reserves of tropical hardwoods, not fully exploited, support an expanding sawmill industry which provides saw logs for export. Cultivation of crops is limited to the coastal area, where the population is largely concentrated; rice and manioc are the major crops. French Guiana is heavily dependent on imports of food and energy. Unemployment is a serious problem, particularly among younger workers.

Economy of French Guiana
Statistics
GDPUS$3.52 billion (in 2006)[1]
GDP growth
6.4% (in 2006)[1]
GDP per capita
US$17,336 (in 2006)[1]
1% (2002)
Labour force
58.800 (1997)
Labour force by occupation
services, government, and commerce 60,6%, industry 21,2%, agriculture 18,2% (1980)
Unemployment19,2% (2001 est.)
Main industries
construction, space exploration, shrimp processing, forestry products, rum, gold mining
External
ExportsUS$1,501 million (in 2006)[1]
Export goods
satellites, shrimp, timber, gold, rum, rosewood essence, clothing
Main export partners
France 62%, Switzerland 7%, United States 2% (2004)
ImportsUS$1,693 million (in 2006)[1]
Import goods
food (grains, processed meat), machinery and transport equipment, fuels and chemicals
Main import partners
France 63%, United States, Trinidad and Tobago, Italy (2004)
$800,3 million (1988)
All values, unless otherwise stated, are in US dollars.


Budget:
revenues: $135,5 million
expenditures: $135,5 million, including capital expenditures of $105 million (1996)

Electricity - production: 465,2 GWh (2003)

Electricity - production by source:
fossil fuel: 100%
hydro: 0%
nuclear: 0%
other: 0% (1998)

Electricity - consumption: 432,6 GWh (2003)

Electricity - exports: 0 kWh (2003)

Electricity - imports: 0 kWh (2003)

A combined power plant with 55 MW solar, 3 MW hydrogen fuel cell, 20MW/38MWh battery and 16 MW hydrogen electrolyser with 88MWh storage began construction in 2021.[2]

Agriculture - products: rice, manioc (tapioca), sugar, cocoa, vegetables, bananas; cattle, pigs, poultry

Currency: Euro

Fiscal year: calendar year

References

[edit]
  1. ^ a b c d e (in French) INSEE-CEROM. "Les comptes économiques de la Guyane en 2006 : premiers résultats" (PDF). Archived from the original (PDF) on 2008-02-16. Retrieved 2008-01-14.
  2. ^ Collins, Leigh (5 October 2021). "Construction begins on world's largest green hydrogen power plant, part of unique baseload solar project". Recharge | Latest renewable energy news. Archived from the original on 9 October 2021.

"The economic accounts of Guyana in 2006: first results" (PDF). Retrieved 2008-01-14.

See also

[edit]

Media related to Economy of French Guiana at Wikimedia Commons