Finance of Guadeloupe

Guadeloupe has a government debt of 28.2% of the country's Gross Domestic Product (GDP), as assessed in 2012. With regard to consumer prices, the inflation rate in Guadeloupe is 1%. 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. 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.

Gross Domestic Product

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 $22,931. The average citizen in Guadeloupe has high wealth. Countries with high wealth per capita employ a highly skilled workforce with competitive wages. Labor in countries with high wealth is expensive when compared with countries with lower GDP per capita. However, it is easy to find highly skilled employees in Guadeloupe.