Economy of Guadeloupe

Guadeloupe is considered to be a developed nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. As a developed nation, Guadeloupe is able to provide its citizens with social services like public education, healthcare, and law enforcement. Citizens of developed nations enjoy a high standard of living and longer life expectancies than citizens of developing nations. Each year, Guadeloupe exports around $0.14 billion and imports roughly $3.1 billion. 26% of population in the country are unemployed. The total number of unemployed people in Guadeloupe is 116,785. The Gini Index of the country is 42. Guadeloupe is experiencing poor equality. The gap between the richest and poorest citizens in this country is quite noticeable.

Currency

The currency of Guadeloupe is euro. There are several plural forms of the name 'euro'. These are euro, euros. The symbol used for this currency is €, and it is abbreviated as EUR. The euro is divided into Cent; there are 100 in one euro.

Credit rating

Credit rating is the extent to which international investors trust a country in paying debts and upholding the country's obligations in terms of crediting. There is no information on the credit rating of Guadeloupe.

Central bank

In Guadeloupe, the institution that manages the state's currency, money supply, and interest rates is called European Central Bank and IEDOM.

Public debt

Guadeloupe has a government debt of 28.2% of the country's Gross Domestic Product (GDP), as assessed in 2012.

Tax information

The corporate tax in Guadeloupe is set at 15%. Personal income tax ranges from 0% to 40%, depending on your specific situation and income level.

Finances

The total Gross Domestic Product (GDP) in Guadeloupe is 10 billion. Based on this statistic, Guadeloupe is considered to have a small economy. Countries with small economies generally support less industries and opportunities for investment. However, worthwhile investment opportunities may be found. The Gross Domestic Product (GDP) per capita in Guadeloupe was last recorded at $0 million. The average citizen in Guadeloupe has very low wealth. Countries with very low wealth per capita often have lower life expectancies and dramatically lower quality of living among citizens. It can be very difficult to find highly skilled workers in countries with very low wealth, as it is difficult for citizens to obtain the requisite education needed for specialized industries. However, labor can be found for very low rates when compared with countries with higher wealth per capita. To read more about financial information click on finances of Guadeloupe.

Industry

The total labor force of Guadeloupe is 191,400 people, wherein 26% of population in the country are unemployed. The total number of unemployed people in Guadeloupe is 116,785. To read more about industrial information within Guadeloupe click on industry of Guadeloupe.

Agriculture

To read more about agriculture click on agriculture of Guadeloupe.