g 9.8%,
construction 5.8%, other 7.5% (1998 est.)

Unemployment rate: 10% (2000)

Budget: revenues: $14.5 billion

expenditures: $12.6 billion, including capital expenditures of $NA
(1998 est.)

Industries: textiles, pharmaceuticals, chemicals, wood products,
food processing, electronics assembly, petroleum refining, fishing

Industrial production growth rate: 4% (2000 est.)

Electricity - production: 40.745 billion kWh (1999)

Electricity - production by source: fossil fuel: 61.03%

hydro: 18.68%

nuclear: 0%

other: 20.29% (1999)

Electricity - consumption: 37.893 billion kWh (1999)

Electricity - exports: 0 kWh (1999)

Electricity - imports: 0 kWh (1999)

Agriculture - products: rice, coconuts, corn, sugarcane, bananas,
pineapples, mangoes; pork, eggs, beef; fish

Exports: $38 billion (f.o.b., 2000 est.)

Exports - commodities: electronic equipment, machinery and transport
equipment, garments, coconut products

Exports - partners: US 34%, Japan 14%, Netherlands 8%, Singapore 6%,
UK 6%, Hong Kong 4% (1998)

Imports: $35 billion (f.o.b., 2000 est.)

Imports - commodities: raw materials and intermediate goods, capital
goods, consumer goods, fuels

Imports - partners: US 22%, Japan 20%, South Korea 8%, Singapore 6%,
Taiwan 5%, Hong Kong 4% (1998 est.)

Debt - external: $52 billion (1999)

Economic aid - recipient: ODA, $1.1 billion (1998)

Currency: Philippine peso (PHP)

Currency code: PHP

Exchange rates: Philippine pesos per US dollar - 50.969 (January
2001), 44.192 (2000), 39.089 (1999), 40.893 (1998), 29.471 (1997),
26.216 (1996)

Fiscal year: calendar year

Philippines Communications

Telephones - main lines in use: 1.9 million (1997)

Telephones - mobile cellular: 1.959 million (1998)

Telephone system: general assessment: good international
radiotelephone and submarine cable services; domestic and
interisland service adequate

domestic: domestic satellite system with 11 earth stations

international: 9 international gateways; satellite earth stations -
3 Intelsat (1 Indian Ocean and 2 Pacific Ocean); submarine cables to
Hong Kong, Guam, Singapore, Taiwan, and Japan

Radio broadcast stations: AM 366, FM 290, shortwave 3 (1999)

Radios: 11.5 million (1997)

Television broadcast stations: 31 (1997)

Televisions: 3.7 million (1997)

Internet country code: .ph

Internet Service Providers (ISPs): 33 (2000)

Internet users: 500,000 (2000)

Phil