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ed regulatory system and land reform. Kyrgyzstan was the first CIS country to be accepted into the World Trade Organization. With fits and starts, inflation has been lowered to an estimated 7% in 2001, 2.1% in 2002, 4% in 2003, and 3.2% in 2004. Much of the government's stock in enterprises has been sold. Drops in production had been severe after the breakup of the Soviet Union in December 1991, but by mid-1995 production began to recover and exports began to increase. Kyrgyzstan has distinguished itself by adopting relatively liberal economic policies. The drop in output at the Kumtor gold mine sparked a 0.5% decline in GDP in 2002, but GDP growth bounced back to 6% in 2003 and 2004. The government has made steady strides in controlling its substantial fiscal deficit and aims to reduce the deficit to 3% of GDP in 2004. The government and the international financial institutions have been engaged in a comprehensive medium-term poverty reduction and economic growth strategy. Further restructuring of domestic industry and success in attracting foreign investment are keys to future growth. GDP (purchasing power parity): $8.495 billion (2004 est.) GDP - real growth rate: 6% (2004 est.) GDP - per capita: purchasing power parity - $1,700 (2004 est.) GDP - composition by sector: agriculture: 38.5% industry: 22.8% services: 38.7% (2004 est.) Labor force: 2.7 million (2000) Labor force - by occupation: agriculture 55%, industry 15%, services 30% (2000 est.) Unemployment rate: 18% (2004 est.) Population below poverty line: 40% (2004 est.) Household income or consumption by percentage share: lowest 10%: 3.9% highest 10%: 23.3% (2001) Distribution of family income - Gini index: 29 (2001) Inflation rate (consumer prices): 3.2% (2004 est.) Investment (gross fixed): 17% of GDP (2004 est.) Budget: revenues: $431.3 million expenditures: $445.4 million, including capital expenditures of NA (2004 est.) Agriculture - products: tobacco, cotton, potatoes, vegetables, grapes, fruits and berries; sheep, goats, cattle, wool Industries: small machinery, textiles, food processing, cement, shoes, sawn logs, refrigerators, furniture, electric motors, gold, rare earth metals Industrial production growth rate: 6% (2000 est.) Electricity - production: 11.72 billion kWh (2002) Electricity - production by source:
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