Economy of Réunion

The economy of Réunion 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 labour force.

The gap in Réunion between the well-off and the poor is large and accounts for the persistent social tensions. The outbreak of severe rioting in February 1991 illustrated the seriousness of socio-economic tensions. However, this gap has been closing in the last 15 years.

In 2007 the GDP per capita of Réunion at nominal exchange rates, not at PPP, was €17,146 (US$23,501).[1] However, while this is exceptionally high compared with its neighbours in Madagascar and the African continent, it is only 57% of the 30,140 euros per capita GDP of metropolitan France in 2007.[2] The total GDP of the island was US$18.8 billion in 2007.[1]

Other export products

Statistics
gollark: It may be a bad idea, though. OpenOS actually does a *lot*.
gollark: Local variables aren't passed into the stuff inside `load`, but you can pass an environment as I think the 4th argument and add additional stuff to that, or use globals, or pass in the extra stuff as function parameters. You can access parameters inside `load`ed code with `...`.
gollark: <@185325259673698304> TE lets you manually set input/output slots and sides in the GUI.
gollark: What I usually do is have all my headless EEPROMy devices boot from a code file on the interwebs.
gollark: I would say Thermal stuff.

See also

Notes
  1. (in French) INSEE Réunion. "8.1 - ÉCONOMIE GÉNÉRALES" (PDF). Retrieved 2008-12-10.
  2. Institut National de la Statistique et des Études Économiques. "Produits Intérieurs Bruts Régionaux en euros par habitant" (XLS) (in French). Retrieved 2008-12-10.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.