rkey, it has had much
difficulty arranging foreign financing, and foreign firms have
hesitated to invest there. It remains heavily dependent on
agriculture and government service, which together employ about half
of the work force. Moreover, the small, vulnerable economy has
suffered because the Turkish lira is legal tender. To compensate for
the economy's weakness, Turkey provides direct and indirect aid to
tourism, education, industry, etc.

GDP: Greek Cypriot area: purchasing power parity - $9.7 billion
(2000 est.); Turkish Cypriot area: purchasing power parity - $830
million (1999 est.)

GDP - real growth rate: Greek Cypriot area: 4.2% (2000 est.);
Turkish Cypriot area: 4.9% (1999 est.)

GDP - per capita: Greek Cypriot area: purchasing power parity -
$16,000 (2000 est.); Turkish Cypriot area: purchasing power parity -
$5,300 (1999 est.)

GDP - composition by sector: Greek Cypriot area: agriculture 6.3%,
industry 22.4%, services 71.3% (1998); Turkish Cypriot area:
agriculture 11.8%, industry 20.5%, services 67.7% (1998)

Population below poverty line: NA%

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

highest 10%: NA%

Inflation rate (consumer prices): Greek Cypriot area: 4.2% (2000
est.); Turkish Cypriot area: 58% (1999 est.)

Labor force: Greek Cypriot area: 291,000; Turkish Cypriot area:
86,300 (2000)

Labor force - by occupation: Greek Cypriot area: services 73%,
industry 22%, agriculture 5% (2000); Turkish Cypriot area: services
56.4%, industry 22.8%, agriculture 20.8% (1998)

Unemployment rate: Greek Cypriot area: 3.6% (2000 est.); Turkish
Cypriot area: 6% (1998 est.)

Budget: revenues: Greek Cypriot area - $2.9 billion (2000 est.);
Turkish Cypriot area - $294 million (2000 est.)

expenditures: Greek Cypriot area - $3.2 billion, including capital
expenditures of $324 million (2000 est.); Turkish Cypriot $495
million, including capital expenditures of $60 million (2000 est.)

Industries: food, beverages, textiles, chemicals, metal products,
tourism, wood products

Industrial production growth rate: Greek Cypriot area: 2.2% (1999);
Turkish Cypriot area: -0.3% (1999)

Electricity - production: 2.951 billion kWh (1999); Turkish Cypriot
area: NA kWh

Electricity - production by source: fossil fuel: 100%

hydro: 0%

nuclear: 0%

other: 0% (1999)

Electricity - consumption: 2.744 billion kWh (1999); Turkish Cypriot
area: NA kWh

Electricity - exports: 0