Mayotte is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. As a developing nation, Mayotte may not be able to offer consistent social services to its citizens. These social services may include things like public education, reliable healthcare, and law enforcement. Citizens of developing nations may have lower life expectancies than citizens of developed nations. 25.9% of population in the country are unemployed. The total number of unemployed people in Mayotte is 67,258. The Gini Index of the country is 49. Mayotte is experiencing poor equality. The gap between the richest and poorest citizens in this country is quite noticeable.

Currency
The currency of Mayotte 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.

Credit rating
Credit rating is the extent to which international investors trust a country in paying debts and upholding the country's obligations in terms of crediting. There is no information on the credit rating of Mayotte.

Public debt
The government debt of Mayotte has not been calculated yet.

Tax information
Personal income tax ranges from 0% to 33%, depending on your specific situation and income level. VAT in Mayotte is 0%.

Finances
The total Gross Domestic Product (GDP) in Mayotte is 2 billion. Based on this statistic, Mayotte 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 Mayotte was last recorded at $0 million. The average citizen in Mayotte has very low wealth. Countries with very low wealth per capita often have lower life expectancies and dramatically lower quality of living among citizens. It can be very difficult to find highly skilled workers in countries with very low wealth, as it is difficult for citizens to obtain the requisite education needed for specialized industries. However, labor can be found for very low rates when compared with countries with higher wealth per capita. To read more about financial information click on finances of Mayotte.

Industry
Major industries in the country are ylang-ylang (perfume essence), vanilla, copra, coconuts, coffee, cinnamon. The total labor force of Mayotte is 44,560 people, wherein 25.9% of population in the country are unemployed. The total number of unemployed people in Mayotte is 67,258. The Industrial Production growth rate of Mayotte is 3.3%