92); results -
percent of vote NA; seats - (14 total); number of seats by party NA
Member of:
ESCAP (associate), SPC, SPF (observer)
Diplomatic representation:
none
US:
US Liaison Officer Lloyed W. MOSS; US Liaison Office at Top Side, Neeriyas,
Koror (mailing address: P. O. Box 6028, Koror, PW 96940); telephone (680)
488-2920; (680) 488-2911
Flag:
light blue with a large yellow disk (representing the moon) shifted slightly
to the hoist side
:Pacific Islands, Trust Territory of the Economy
Overview:
The economy consists primarily of subsistence agriculture and fishing.
Tourism provides some foreign exchange, although the remote location of
Palau and a shortage of suitable facilities has hindered development. The
government is the major employer of the work force, relying heavily on
financial assistance from the US.
GDP:
purchasing power equivalent - $31.6 million, per capita $2,260; real growth
rate NA% (1986); note - GDP numbers reflect US spending
Inflation rate (consumer prices):
NA%
Unemployment rate:
20% (1986)
Budget:
revenues $6.0 million; expenditures NA, including capital expenditures of NA
(1986)
Exports:
$0.5 million (f.o.b., 1986)
commodities:
NA
partners:
US, Japan
Imports:
$27.2 million (c.i.f., 1986)
commodities:
NA
partners:
US
External debt:
about $100 million (1989)
Industrial production:
growth rate NA%
Electricity:
16,000 kW capacity; 22 million kWh produced, 1,540 kWh per capita (1990)
Industries:
tourism, craft items (shell, wood, pearl), some commercial fishing and
agriculture
Agriculture:
subsistence-level production of coconut, copra, cassava, sweet potatoes
Economic aid:
US commitments, including Ex-Im (FY70-89), $2,560 million; Western (non-US)
countries, ODA and OOF bilateral commitments (1970-89), $92 million
Currency:
US currency is used
Exchange rates:
US currency is used
Fiscal year:
1 October - 30 September
:Pacific Islands, Trust Territory of the Communications
Highways:
22.3 km paved, some stone-, coral-, or laterite-surfaced roads (1991)
Ports:
Koror
Airports:
2 with permanent-surface runways 1,220-2,439 m
Telecommunications:
broadcast stations - 1 AM, 1 FM, 2 TV; 1 Pacific Ocean INTELSAT earth
station
:Pacific Islands, Trust Territory of the Defense Forces
Note:
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