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The
tourism industry is of vital importance to the economy as
it is the main source of foreign exchange, contributing US$1.13
billion in earnings in 1996.
The
manufacturing sector is the second largest, after distribution. Activities
include the processing of sugar, food, beverages and tobacco,
as well as production of chemicals, metals and construction
materials; and the assembly of electrical appliances and
apparel.
Bauxite
is the principal industry and merchandise export earner. Reserves
is estimated at 1.9 billion tonnes. This country ranks
as the world's third largest producer of bauxite, after Australia
and Guinea.
Agriculture,
forestry and fishing accounted for 8.4% of GDP in 1996, earning
some US$225 million in foreign exchange, and providing 23%
of total employment. Approximately 270,000 hectares
of land are cultivated, while nearly one-fifth of the total
land area is forested.
There
are considerable resources of both freshwater and sea fish.
Production of freshwater fish has remained fairly constant
throughout the 1990s while the marine catch recorded a small
growth level. |