nd Occidental. Bidding on these new offshore blocks
was completed in July 2006.

GDP (purchasing power parity):

$3.846 billion (2007 est.)

GDP (official exchange rate):

$2.404 billion (2007 est.)

GDP - real growth rate:

5.1% (2007 est.)

GDP - per capita (PPP):

$8,700 (2007 est.)

GDP - composition by sector:

agriculture: 10.8%
industry: 24.4%
services: 64.8% (2005 est.)

Labor force:

156,700 (2004)

Labor force - by occupation:

agriculture: 8%
industry: 14%
services: 78% (2004)

Unemployment rate:

9.5% (2004)

Population below poverty line:

70% (2002 est.)

Household income or consumption by percentage share:

lowest 10%: NA%
highest 10%: NA%

Budget:

revenues: $392.6 million
expenditures: $425.9 million (2004)

Fiscal year:

calendar year

Inflation rate (consumer prices):

6.4% (2007 est.)

Commercial bank prime lending rate:

13.77% (31 December 2007)

Stock of money:

$416.6 million (31 December 2007)

Stock of quasi money:

$824.4 million (31 December 2007)

Stock of domestic credit:

$651 million (31 December 2007)

Agriculture - products:

paddy rice, bananas, palm kernels, coconuts, plantains, peanuts;
beef, chickens; shrimp; forest products

Industries:

bauxite and gold mining, alumina production; oil, lumbering, food
processing, fishing

Industrial production growth rate:

6.5% (1994 est.)

Electricity - production:

1.595 billion kWh (2006 est.)

Electricity - consumption:

1.457 billion kWh (2006 est.)

Electricity - exports:

0 kWh (2007 est.)

Electricity - imports:

0 kWh (2007 est.)

Electricity - production by source:

fossil fuel: 25.2%
hydro: 74.8%
nuclear: 0%
other: 0% (2001)

Oil - production:

13,000 bbl/day (2007 est.)

Oil - consumption:

12,370 bbl/day (2006 est.)

Oil - exports:

2,899 bbl/day (2005)

Oil - imports:

6,369 bbl/day (2005)

Oil - proved reserves:

88 million bbl (1 January 2008 est.)

Natural gas - production:

0 cu m (2007 est.)

Natural gas - consumption:

0 cu m (2007 est.)

Natural gas - exports:

0 cu m (2007 est.)

Natural gas - imports:

0 cu m (2007 est.)

Natural gas - proved reserves:

0 cu m (1 January 2006 est.)

Current account balance:

$24 million (2007 est.)

Exports:

$1.391 billion f.o.b. (2006 est.)

Exports - commodities:

alumina, gold, crude oil