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    Reuni�n Econom�a 2000

      Econom�a - descripci�n: The economy has traditionally been based on agriculture. Sugarcane has been the primary crop for more than a century, and in some years it accounts for 85% of exports. The government has been pushing the development of a tourist industry to relieve high unemployment, which amounts to more than 40% of the labor force. The gap in Reunion between the well-off and the poor is extraordinary and accounts for the persistent social tensions. The white and Indian communities are substantially better off than other segments of the population, often approaching European standards, whereas minority groups suffer the poverty and unemployment typical of the poorer nations of the African continent. The outbreak of severe rioting in February 1991 illustrates the seriousness of socioeconomic tensions. The economic well-being of Reunion depends heavily on continued financial assistance from France.

      Producto Bruto Interno (PBI): purchasing power parity - $3.4 billion (1998 est.)

      PBI - Indice de Incremento real: 3.8% (1998 est.)

      PBI - por capital: purchasing power parity - $4,800 (1998 est.)

      PBI - Composici�n por Sector:
      agriculture: NA%
      industry: NA%
      services: NA%

      Poblaci�n bajo linea de pobertad: NA%

      Ingreso en casa o porcentage de consumci�n:
      lowest 10%: NA%
      highest 10%: NA%

      Indice de Inflaci�n (precios del consumidor): NA%

      Fuerza Laboral: 261,000 (1995)

      Fuerza Laboral - por ocupaci�n: agriculture 8%, industry 19%, services 73% (1990)

      Indice de desempleo: 42.8% (1998)

      Presupuesto:
      revenues: $1.2 billion
      expenditures: $2.6 billion, including capital expenditures of $260 million (1995)

      Industrias: sugar, rum, cigarettes, handicraft items, flower oil extraction

      Industrial production growth rate: NA%

      Electricidad - Producci�n: 1.11 billion kWh (1998)

      Electricidad - producci�n por fuente:
      fossil fuel: 54.05%
      hydro: 45.95%
      nuclear: 0%
      other: 0% (1998)

      Electricidad - consumci�n: 1.032 billion kWh (1998)

      Electricidad - exportaciones: 0 kWh (1998)

      Electricidad - importaciones: 0 kWh (1998)

      Agricultura - productos: sugarcane, vanilla, tobacco, tropical fruits, vegetables, corn

      Exportaciones: $214.162 million (f.o.b., 1997)

      Exporationes - comodidades: sugar 63%, rum and molasses 4%, perfume essences 2%, lobster 3%, (1993)

      Exportaciones - socios: France 74%, Japan 6%, Comoros 4% (1994)

      Importaciones: $2.5 billion (c.i.f., 1997)

      Importaciones - comodidades: manufactured goods, food, beverages, tobacco, machinery and transportation equipment, raw materials, and petroleum products

      Importaciones - socios: France 64%, Bahrain 3%, Germany 3%, Italy 3% (1994)

      Deuda - externa: $NA

      Ayuda economica - recipiente: $NA; note - substantial annual subsidies from France

      Moneda: 1 French franc (F) = 100 centimes

      Indice de intercambio: euros per US$1 - 0.9867 (January 2000), 0.9386 (1999); French francs (F) per US$1 - 5.65 (January 1999), 5.8995 (1998), 5.8367 (1997), 5.1155 (1996), 4.9915 (1995)

      A�o Fiscal: calendar year

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