$28.17 billion (2003 est.)

GDP - real growth rate:
1.8% (2003 est.)

GDP - per capita:
purchasing power parity - $4,700 (2003 est.)

GDP - composition by sector:
agriculture: 24.8%
industry: 23.7%
services: 51.4% (2003 est.)

Investment (gross fixed):
17.2% of GDP (2003)

Population below poverty line:
36% (2001 est.)

Household income or consumption by percentage share:
lowest 10%: 0.5%
highest 10%: 43.8% (1998)

Distribution of family income - Gini index:
57.7 (1998)

Inflation rate (consumer prices):
14.2% (2003 est.)

Labor force:
2.15 million (2003 est.)

Labor force - by occupation:
agriculture 45%

Unemployment rate:
18.5% (2003 est.)

Budget:
revenues: $937.8 million
expenditures: $988.4 million, including capital expenditures of $700
million (2003 est.)

Public debt:
45.1% of GDP (2003)

Agriculture - products:
cotton, sugarcane, soybeans, corn, wheat, tobacco, cassava
(tapioca), fruits, vegetables; beef, pork, eggs, milk; timber

Industries:
sugar, cement, textiles, beverages, wood products, steel,
metallurgic, electric power

Industrial production growth rate:
0% (2000 est.)

Electricity - production:
44.89 billion kWh (2001)

Electricity - consumption:
2.637 billion kWh (2001)

Electricity - exports:
39.11 billion kWh (2001)

Electricity - imports:
0 kWh (2001)

Oil - production:
0 bbl/day (2001 est.)

Oil - consumption:
25,000 bbl/day (2001 est.)

Oil - exports:
NA (2001)

Oil - imports:
NA (2001)

Current account balance:
$146 million (2003)

Exports:
$2.727 billion f.o.b. (2003 est.)

Exports - commodities:
soybeans, feed, cotton, meat, edible oils, electricity, wood,
leather

Exports - partners:
Brazil 34.2%, Uruguay 19.6%, Switzerland 7.8%, Argentina 5.3% (2003)

Imports:
$2.77 billion f.o.b. (2003 est.)

Imports - commodities:
road vehicles, consumer goods, tobacco, petroleum products,
electrical machinery

Imports - partners:
Brazil 32.5%, Argentina 21.6%, China 12.7% (2003)

Reserves of foreign exchange & gold:
$982 million (2003)

Debt - external:
$2.96 billion (2003 est.)

Economic aid - recipient:
NA (2001)

Currency:
guarani (PYG)

Currency code:
PYG

Exchange rates:
guarani per US dollar - 6,424.34 (2003), 5,716.26 (2002), 4,105.92
(2001), 3,486.35 (2000), 3,119.07 (1999)

Fiscal year:
calendar year

Communicati