Saint Pierre and Miquelon - Economy
How is the economy of Saint Pierre and Miquelon? Based on the information we have, Saint Pierre and Miquelon has a high-income, French North American territorial economy; primarily fishing exports; substantial French Government support; highly seasonal labor force; euro user; increasing tourism and aquaculture investments. Key agricultural products in this country include: vegetables; poultry, cattle, sheep, pigs; fish.
More about the economy of Saint Pierre and Miquelon
| Labor force | 4,429 (2015) |
|---|---|
| Industrial production growth rate | |
| Industries | fish processing and supply base for fishing fleets; tourism |
| Population below poverty line | |
| Taxes and other revenues | |
| Fiscal year | |
| Exchange rates | |
| Currency | euros (EUR) per US dollar - |
| Exchange rates 2017 | 0.885 (2017 est.) |
| Exchange rates 2016 | 0.903 (2016 est.) |
| Exchange rates 2015 | 0.9214 (2015 est.) |
| Exchange rates 2014 | 0.885 (2014 est.) |
| Exchange rates 2013 | 0.7634 (2013 est.) |
| Debt - external | |
| Budget | |
| Revenues | $70 million (1996 est.) |
| Expenditures | $60 million (1996 est.) |
| Budget surplus (+) or deficit (-) | 3.8% (of GDP) (1996 est.) |
| Imports (partners) | France 52%, Canada 42%, Netherlands 2%, Germany 1%, Belgium 1% (2022) |
| Comodities Imports force | refined petroleum, packaged medicine, other foods, plastic products, cars (2022) |
| Exports (partners) | Canada 84%, France 11%, Ireland 3%, Slovakia 1%, Democratic Republic of the Congo 0% (2022) |
| Comodities Exports force | processed crustaceans, shellfish, fish, special purpose motor vehicles, vehicle parts/accessories (2022) |
| Real GDP (purchasing power parity) | |
| Real GDP (purchasing power parity) 2015 | $261.3 million (2015 est.) |
| Real GDP (purchasing power parity) 2006 | $215.3 million (2006 est.) |
| GDP (official exchange rate) | $261.3 million (2015 est.) |
| GDP - composition, by sector of origin | |
| Agriculture | 2% (2006 est.) |
| Industry | 15% (2006 est.) |
| Services | 83% (2006 est.) |
| Unemployment rate | |
| Unemployment rate 2015 | 8.7% (2015 est.) |
| Unemployment rate 2008 | 9.9% (2008 est.) |
All Important Facts about Saint Pierre and Miquelon
Want to know more about Saint Pierre and Miquelon? Check all different factbooks for Saint Pierre and Miquelon below.
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Saint Pierre and Miquelon Factbook
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The Economy of Saint Pierre and Miquelon
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Learn about the Government of Saint Pierre and Miquelon
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Communication in Saint Pierre and Miquelon
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Popular Universities in Saint Pierre and Miquelon
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Enerny in Saint Pierre and Miquelon
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Transport in Saint Pierre and Miquelon
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The Geography and society of Saint Pierre and Miquelon
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The Environment of Saint Pierre and Miquelon
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Military and security in Saint Pierre and Miquelon