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    Santa Pierre y Miquelon Econom�a 2000

      Econom�a - descripci�n: The inhabitants have traditionally earned their livelihood by fishing and by servicing fishing fleets operating off the coast of Newfoundland. The economy has been declining, however, because of disputes with Canada over fishing quotas and a steady decline in the number of ships stopping at Saint Pierre. In 1992, an arbitration panel awarded the islands an exclusive economic zone of 12,348 sq km to settle a longstanding territorial dispute with Canada, although it represents only 25% of what France had sought. The islands are heavily subsidized by France to the great betterment of living standards. The government hopes an expansion of tourism will boost economic prospects.

      Producto Bruto Interno (PBI): purchasing power parity - $74 million (1996 est.); supplemented by annual payments from France of about $65 million

      PBI - Indice de Incremento real: NA%

      PBI - por capital: purchasing power parity - $11,000 (1996 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): 2.1% (1991-96 average)

      Fuerza Laboral: 3,000 (1997)

      Fuerza Laboral - por ocupaci�n: fishing 18%, industry (mainly fish-processing) 41%, services 41% (1996 est.)

      Indice de desempleo: 9.8% (1997)

      revenues: $70 million
      expenditures: $60 million, including capital expenditures of $24 million (1996 est.)

      Industrias: fish processing and supply base for fishing fleets; tourism

      Industrial production growth rate: NA%

      Electricidad - Producci�n: 40 million kWh (1998)

      Electricidad - producci�n por fuente:
      fossil fuel: 100%
      hydro: 0%
      nuclear: 0%
      other: 0% (1998)

      Electricidad - consumci�n: 37 million kWh (1998)

      Electricidad - exportaciones: 0 kWh (1998)

      Electricidad - importaciones: 0 kWh (1998)

      Agricultura - productos: vegetables; poultry, cattle, sheep, pigs; fish

      Exportaciones: $5 million (f.o.b., 1997)

      Exporationes - comodidades: fish and fish products, mollusks and crustaceans, fox and mink pelts

      Exportaciones - socios: US, France, UK, Canada, Portugal

      Importaciones: $66 million (c.i.f., 1997 est.)

      Importaciones - comodidades: meat, clothing, fuel, electrical equipment, machinery, building materials

      Importaciones - socios: Canada, France, US, Netherlands, UK

      Deuda - externa: $NA

      Ayuda economica - recipiente: approximately $65 million in annual grants from France

      Moneda: 1 French franc (F) = 100 centimes

      Indice de intercambio: euros per US$1 - 0.98673 (January 2000), 0.93863 (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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    Revisto 01-Nov-00
    Copyright © 2000 Photius Coutsoukis (all rights reserved)