on density, few natural
resources, and a fragile soil. About 90% of the population is
engaged in (mainly subsistence) agriculture which is highly
vulnerable to variations in rainfall. Industry remains dominated by
unprofitable government-controlled corporations. Following the
African franc currency devaluation in January 1994 the government
updated its development program in conjunction with international
agencies, and exports and economic growth have increased.
Maintenance of its macroeconomic progress in 2001-02 depends on
continued low inflation, reduction in the trade deficit, and reforms
designed to encourage private investment.

GDP: purchasing power parity - $12 billion (2000 est.)

GDP - real growth rate: 5% (2000 est.)

GDP - per capita: purchasing power parity - $1,000 (2000 est.)

GDP - composition by sector: agriculture: 26%

industry: 27%

services: 47% (1998)

Population below poverty line: NA%

Household income or consumption by percentage share: lowest 10%:
2.2%

highest 10%: 39.5% (1994)

Inflation rate (consumer prices): 1.5% (2000 est.)

Labor force: 5 million (1999)

note: a large part of the male labor force migrates annually to
neighboring countries for seasonal employment

Labor force - by occupation: agriculture 90% (2000 est.)

Unemployment rate: NA%

Budget: revenues: $277 million

expenditures: $492 million, including capital expenditures of $233
million (1995 est.)

Industries: cotton lint, beverages, agricultural processing, soap,
cigarettes, textiles, gold

Industrial production growth rate: 4.2% (1995)

Electricity - production: 285 million kWh (1999)

Electricity - production by source: fossil fuel: 71.93%

hydro: 28.07%

nuclear: 0%

other: 0% (1999)

Electricity - consumption: 265.1 million kWh (1999)

Electricity - exports: 0 kWh (1999)

Electricity - imports: 0 kWh (1999)

Agriculture - products: peanuts, shea nuts, sesame, cotton, sorghum,
millet, corn, rice; livestock

Exports: $220 million (f.o.b., 2000 est.)

Exports - commodities: cotton, animal products, gold

Exports - partners: Italy 13%, France 10%, Indonesia 8%, Thailand 7%
(1999)

Imports: $610 million (f.o.b., 2000 est.)

Imports - commodities: machinery, food products, petroleum

Imports - partners: Cote d'Ivoire 30%, France 28%, Spain 3%, Benelux
3% (1999)

Debt - external: $1.3 billion (1997)

Economic aid - recipient: $484.1 million (1995)

Currency: Commun