Economy of Saint Pierre and Miquelon
The economy of Saint Pierre and Miquelon, due to the islands' location, has been dependent on fishing and servicing fishing fleets operating off the coast of Newfoundland. The economy has been declining, however, due to disputes with Canada over fishing quotas and a decline in the number of ships stopping at the islands. In 1992 an arbitration panel awarded the islands an exclusive economic zone of 12,348 square kilometres (4,768 sq mi) to settle a longstanding territorial dispute with Canada, although it represents only 25 percent of what France had sought. The islands are heavily subsidized by France, which benefits the standard of living. The government hopes an expansion of tourism will boost economic prospects, and test drilling for oil may pave the way development of the energy secto
primaryTopic
Economy of Saint Pierre and Miquelon
The economy of Saint Pierre and Miquelon, due to the islands' location, has been dependent on fishing and servicing fishing fleets operating off the coast of Newfoundland. The economy has been declining, however, due to disputes with Canada over fishing quotas and a decline in the number of ships stopping at the islands. In 1992 an arbitration panel awarded the islands an exclusive economic zone of 12,348 square kilometres (4,768 sq mi) to settle a longstanding territorial dispute with Canada, although it represents only 25 percent of what France had sought. The islands are heavily subsidized by France, which benefits the standard of living. The government hopes an expansion of tourism will boost economic prospects, and test drilling for oil may pave the way development of the energy secto
has abstract
The economy of Saint Pierre an ...... elopment of the energy sector.
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Wikipage page ID
Wikipage revision ID
672,026,857
country
currency
export-goods
fish and fish products, soybea ...... rustaceans, fox and mink pelts
exports
gdp
import-goods
meat, clothing, fuel, electrical equipment, machinery, building materials
imports
95,350,000
inflation
labor
occupations
agriculture: 18%; industry: 41%; services: 41%
per capita
sectors
agriculture: 2%; industry: 15%; services: 83%
unemployment
year
comment
The economy of Saint Pierre an ...... evelopment of the energy secto
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label
Economy of Saint Pierre and Miquelon
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