over $300 million per year
at the last Consultative Group Meeting, held in Ulaanbaatar in June
1999. The MPRP government, elected in July 2000, is anxious to
improve the investment climate; it must also deal with a heavy
burden of external debt.

GDP: purchasing power parity - $4.7 billion (2000 est.)

GDP - real growth rate: -1% (2000 est.)

GDP - per capita: purchasing power parity - $1,780 (2000 est.)

GDP - composition by sector: agriculture: 36%

industry: 22%

services: 42% (2000 est.)

Population below poverty line: 40% (2000 est.)

Household income or consumption by percentage share: lowest 10%:
2.9%

highest 10%: 24.5% (1995)

Inflation rate (consumer prices): 7.6% (1999)

Labor force: 1.3 million (1999)

Labor force - by occupation: primarily herding/agricultural

Unemployment rate: NA%

Budget: revenues: $262 million

expenditures: $328 million, including capital expenditures of $NA
(2000 est.)

Industries: construction materials, mining (particularly coal and
copper); food and beverages, processing of animal products

Industrial production growth rate: 2.4% (2000 est.)

Electricity - production: 2.671 billion kWh (1999)

Electricity - production by source: fossil fuel: 100%

hydro: 0%

nuclear: 0%

other: 0% (1999)

Electricity - consumption: 2.767 billion kWh (1999)

Electricity - exports: 80 million kWh (1999)

Electricity - imports: 363 million kWh (1999)

Agriculture - products: wheat, barley, potatoes, forage crops;
sheep, goats, cattle, camels, horses

Exports: $454.3 million (f.o.b., 1999)

Exports - commodities: copper, livestock, animal products, cashmere,
wool, hides, fluorspar, other nonferrous metals

Exports - partners: China 60%, US 20%, Russia 9%, Japan 2% (2000
est.)

Imports: $510.7 million (c.i.f., 1999)

Imports - commodities: machinery and equipment, fuels, food
products, industrial consumer goods, chemicals, building materials,
sugar, tea

Imports - partners: Russia 33%, China 21%, Japan 12%, South Korea
10%, US 4% (1999)

Debt - external: $760 million (2000 est.)

Economic aid - recipient: $200 million (1998 est.)

Currency: togrog/tugrik (MNT)

Currency code: MNT

Exchange rates: togrogs/tugriks per US dollar - 1,097.00 (December
2000), 1,076.67 (2000), 1,072.37 (1999), 840.83 (1998), 789.99
(1997), 548.40 (1996)

Fiscal year: calendar year

Mongolia Communications

Telephones - main lines in use: 104,100 (1999