astructure. The government is juggling a sizable external debt
against the urgent need for expanded public investment. The bauxite
mining sector should benefit in the near term from restructuring and
partial privatization.
GDP (purchasing power parity):
$2.899 billion (2004 est.)
GDP - real growth rate:
1.9% (2004 est.)
GDP - per capita:
purchasing power parity - $3,800 (2004 est.)
GDP - composition by sector:
agriculture: 38.3%
industry: 19.9%
services: 41.8% (2004 est.)
Labor force:
418,000 (2001 est.)
Labor force - by occupation:
agriculture NA%, industry NA%, services NA%
Unemployment rate:
9.1% (understated) (2000)
Population below poverty line:
NA
Household income or consumption by percentage share:
lowest 10%: NA
highest 10%: NA
Inflation rate (consumer prices):
4.5% (2004 est.)
Investment (gross fixed):
34.5% of GDP (2004 est.)
Budget:
revenues: $287.6 million
expenditures: $371.6 million, including capital expenditures of
$93.4 million (2004 est.)
Agriculture - products:
sugarcane, rice, wheat, vegetable oils; beef, pork, poultry, dairy
products; fish, shrimp
Industries:
bauxite, sugar, rice milling, timber, textiles, gold mining
Industrial production growth rate:
7.1% (1997 est.)
Electricity - production:
808 million kWh (2002)
Electricity - production by source:
fossil fuel: 99.4%
hydro: 0.6%
nuclear: 0%
other: 0% (2001)
Electricity - consumption:
751.4 million kWh (2002)
Electricity - exports:
0 kWh (2002)
Electricity - imports:
0 kWh (2002)
Oil - production:
0 bbl/day (2001 est.)
Oil - consumption:
11,000 bbl/day (2001 est.)
Oil - exports:
NA
Oil - imports:
NA
Current account balance:
$-129.4 million (2004 est.)
Exports:
$570.2 million f.o.b. (2004 est.)
Exports - commodities:
sugar, gold, bauxite/alumina, rice, shrimp, molasses, rum, timber
Exports - partners:
Canada 23.2%, US 19.2%, UK 10.9%, Portugal 9%, Belgium 6.4%,
Jamaica 5.2% (2004)
Imports:
$650.1 million f.o.b. (2004 est.)
Imports - commodities:
manufactures, machinery, petroleum, food
Imports - partners:
Trinidad and Tobago 24.8%, US 24.5%, Cuba 6.8%, UK 5.4% (2004)
Reserves of foreign exchange and gold:
$280.6 million (2004 est.)
Debt - external:
$1.2 billion (2002)
Economic aid - recipient:
$84 million (1995), Heavily Indebted Poor Country In
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