Finance of French Guiana


French Guiana has a government debt of 3.7% of the country's Gross Domestic Product (GDP), as assessed in 2010. With regard to consumer prices, the inflation rate in French Guiana is 1%. The currency of French Guiana 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. VAT in French Guiana is 0%.

Gross Domestic Product
The total Gross Domestic Product (GDP) in French Guiana is 5 billion. Based on this statistic, French Guiana 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 French Guiana was last recorded at $16,910. The average citizen in French Guiana 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 French Guiana. GDP Annual Growth Rate in French Guiana averaged 6.4% in 2014. According to this percentage, French Guiana is currently experiencing significant growth. Countries that are experiencing significant growth offer the best chance for a substantial return on investment, as GDP growth rate is the most important indicator of economic health. As GDP grows, business, jobs, and personal income grow as well.