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First settled by the French in the early 17th century, the islands represent the sole remaining vestige of France's once vast North American possessions.

Location

Northern North America, islands in the North Atlantic Ocean, south of Newfoundland (Canada)

Natural Resources

fish, deepwater ports

Population - distribution

most of the population is found on Saint Pierre Island; a small settlement is located on the north end of Miquelon Island

French (official)
SAINT-PIERRE (capital) 5,000 (2014)
Conventional long form
Territorial Collectivity of Saint Pierre and Miquelon
Conventional short form
Saint Pierre and Miquelon
Local long form
Departement de Saint-Pierre et Miquelon
Local short form
Saint-Pierre et Miquelon
parliamentary democracy (Territorial Council); overseas collectivity of France
Name
Saint-Pierre
Geographic coordinates
46 46 N, 56 11 W
Time difference
UTC-3 (2 hours ahead of Washington, DC, during Standard Time)
Daylight saving time
+1hr, begins second Sunday in March; ends first Sunday in November
The inhabitants have traditionally earned their livelihood by fishing and by servicing fishing fleets operating off the coast of Newfoundland. The economy has been declining, however, because of disputes with Canada over fishing quotas and a steady decline in the number of ships stopping at Saint Pierre.
Inflation
None%
Total tax rate (% of commercial profits)
None%
Real Interest Rate
None%
Manufacturing, value added (% of GDP)
None%
Current Account Balance
US$
Labor Force, Total
Employment in Agriculture
%
Employment in Industry
%
Employment in Services
%
Unemployment Rate
%
Imports of goods and services
US$
Exports of goods and services
US$
Total Merchandise Trade
%
FDI, net inflows
US$
Commercial Service Exports
US$
vegetables; poultry, cattle, sheep, pigs; fish
fish processing and supply base for fishing fleets; tourism
Commodities
fish and fish products, soybeans, animal feed, mollusks and crustaceans, fox and mink pelts
Partners
Commodities
meat, clothing, fuel, electrical equipment, machinery, building materials
Partners
Country Risk Rating
Business Climate Rating

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