rican economic policy is fiscally conservative, but pragmatic,
focusing on targeting inflation and liberalizing trade as means to
increase job growth and household income.

GDP (purchasing power parity):
$491.4 billion (2004 est.)

GDP - real growth rate:
3.5% (2004 est.)

GDP - per capita:
purchasing power parity - $11,100 (2004 est.)

GDP - composition by sector:
agriculture: 3.6%
industry: 31.2%
services: 65.2% (2004 est.)

Labor force:
16.63 million economically active (2004 est.)

Labor force - by occupation:
agriculture 30%, industry 25%, services 45% (1999 est.)

Unemployment rate:
26.2% (2004 est.)

Population below poverty line:
50% (2000 est.)

Household income or consumption by percentage share:
lowest 10%: 1.1%
highest 10%: 45.9% (1994)

Distribution of family income - Gini index:
59.3 (1993-94)

Inflation rate (consumer prices):
4.5% (2004 est.)

Investment (gross fixed):
16.7% of GDP (2004 est.)

Budget:
revenues: $47.43 billion
expenditures: $52.54 billion, including capital expenditures of NA
(2004 est.)

Public debt:
45.9% of GDP (2004 est.)

Agriculture - products:
corn, wheat, sugarcane, fruits, vegetables; beef, poultry, mutton,
wool, dairy products

Industries:
mining (world's largest producer of platinum, gold, chromium),
automobile assembly, metalworking, machinery, textile, iron and
steel, chemicals, fertilizer, foodstuffs, commercial ship repair

Industrial production growth rate:
5.5% (2004 est.)

Electricity - production:
202.6 billion kWh (2002)

Electricity - production by source:
fossil fuel: 93.5%
hydro: 1.1%
nuclear: 5.5%
other: 0% (2001)

Electricity - consumption:
189.4 billion kWh (2002)

Electricity - exports:
6.95 billion kWh (2002)

Electricity - imports:
7.873 billion kWh (2002)

Oil - production:
196,200 bbl/day (2001 est.)

Oil - consumption:
460,000 bbl/day (2001 est.)

Oil - exports:
NA

Oil - imports:
NA

Oil - proved reserves:
7.84 million bbl (1 January 2002)

Natural gas - production:
1.8 billion cu m (2001 est.)

Natural gas - consumption:
1.8 billion cu m (2001 est.)

Natural gas - exports:
0 cu m (2001 est.)

Natural gas - imports:
0 cu m (2001 est.)

Natural gas - proved reserves:
14.16 billion cu m (1 January 2002)

Current account balance:
$-2.48 billion (2004 est.)

Exports:
$41.97 billion f.o.b. (