d
widely in recent years. Real GDP declined about 8% in 1987, as the fish
catch fell sharply to only one-fourth the level of 1986 and copra production
was hampered by repeated rains. Output rebounded strongly in 1988, with real
GDP growing by 17%. The upturn in economic growth came from an increase in
copra production and a good fish catch. Following the strong surge in output
in 1988, GNP increased 1% in both 1989 and 1990.
GDP:
exchange rate conversion - $36.8 million, per capita $525; real growth rate
1.0% (1990 est.)
Inflation rate (consumer prices):
4.0% (1990 est.)
Unemployment rate:
2% (1985); considerable underemployment
Budget:
revenues $29.9 million; expenditures $16.3 million, including capital
expenditures of $14.0 million (1990 est.)
Exports:
$5.8 million (f.o.b., 1990 est.)
commodities:
fish 55%, copra 42%
partners:
EC 20%, Marshall Islands 12%, US 8%, American Samoa 4% (1985)
Imports:
$26.7 million (c.i.f., 1990 est.)
commodities:
foodstuffs, fuel, transportation equipment
partners:
Australia 39%, Japan 21%, NZ 6%, UK 6%, US 3% (1985)
External debt:
$2.0 million (December 1989 est.)
Industrial production:
growth rate 0% (1988 est.); accounts for less than 4% of GDP
Electricity:
5,000 kW capacity; 13 million kWh produced, 190 kWh per capita (1990)
Industries:
fishing, handicrafts
Agriculture:
accounts for 30% of GDP (including fishing); copra and fish contribute about
95% to exports; subsistence farming predominates; food crops - taro,
breadfruit, sweet potatoes, vegetables; not self-sufficient in food
Economic aid:
Western (non-US) countries, ODA and OOF bilateral commitments (1970-89),
$273 million
Currency:
Australian dollar (plural - dollars); 1 Australian dollar ($A) = 100 cents
Exchange rates:
Australian dollars ($A) per US$1 - 1.3177 (March 1992), 1.2835 (1991),
1.2799 (1990), 1.2618 (1989), 1.2752 (1988), 1.4267 (1987), 1.4905 (1986)
Fiscal year:
NA

:Kiribati Communications

Highways:
640 km of motorable roads
Inland waterways:
small network of canals, totaling 5 km, in Line Islands
Ports:
Banaba and Betio (Tarawa)
Civil air:
2 Trislanders; no major transport aircraft
Airports:
21 total; 20 usable; 4 with permanent-surface runways; none with runways
over 2,439 m; 5 with runways 1,220-2,439 m
Telecommunications: