<hdr>The World Factbook 1994: Mayotte<nl>Economy</hdr><body>
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<item><hi format=bold>Overview:</hi> 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. Mayotte's remote location is an obstacle to the development of tourism.
<item><hi format=bold>National product:</hi> GDP—purchasing power equivalent—$54 million (1993 est.)
<item><hi format=bold>National product real growth rate:</hi> NA%
<item><hi format=bold>National product per capita:</hi> $600 (1993 est.)
<item>• <hi format=ital>consumption per capita:</hi> NA
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<item><hi format=bold>Industries:</hi> newly created lobster and shrimp industry
<item><hi format=bold>Agriculture:</hi> most important sector; provides all export earnings; crops—vanilla, ylang-ylang, coffee, copra; imports major share of food needs
<item><hi format=bold>Economic aid:</hi>
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<item>• <hi format=ital>recipient:</hi> Western (non-US) countries, ODA and OOF bilateral commitments (1970-89), $402 million
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<item><hi format=bold>Currency:</hi> 1 French franc (F)=100 centimes
<item><hi format=bold>Exchange rates:</hi> French francs (F) per US$1—5.9205 (January 1994), 5.6632 (1993), 5.2938 (1992), 5.6421 (1991), 5.4453 (1990), 6.3801 (1989)
<item><hi format=bold>Fiscal year:</hi> calendar year