boost tourism. Agriculture,
especially livestock farming, is a second target for growth.
Australia and New Zealand are the main suppliers of tourists and
foreign aid. Growth expanded moderately in 2003.
GDP:
purchasing power parity - $563 million (2002 est.)
GDP - real growth rate:
-0.3% (2002 est.)
GDP - per capita:
purchasing power parity - $2,900 (2002 est.)
GDP - composition by sector:
agriculture: 26%
industry: 12%
services: 62% (2000 est.)
Population below poverty line:
NA
Household income or consumption by percentage share:
lowest 10%: NA
highest 10%: NA
Inflation rate (consumer prices):
2% (2002 est.)
Labor force:
NA
Labor force - by occupation:
agriculture 65%, industry 5%, services 30% (2000 est.)
Unemployment rate:
NA
Budget:
revenues: $94.4 million
expenditures: $99.8 million, including capital expenditures of $30.4
million (1996 est.)
Agriculture - products:
copra, coconuts, cocoa, coffee, taro, yams, coconuts, fruits,
vegetables; fish, beef
Industries:
food and fish freezing, wood processing, meat canning
Industrial production growth rate:
1% (1997 est.)
Electricity - production:
43.46 million kWh (2001)
Electricity - consumption:
40.42 million kWh (2001)
Electricity - exports:
0 kWh (2001)
Electricity - imports:
0 kWh (2001)
Oil - production:
0 bbl/day (2001 est.)
Oil - consumption:
600 bbl/day (2001 est.)
Oil - exports:
NA (2001)
Oil - imports:
NA (2001)
Exports:
$79 million f.o.b. (2002)
Exports - commodities:
copra, beef, cocoa, timber, kava, coffee
Exports - partners:
India 32.8%, Thailand 25.5%, Indonesia 9.6%, Japan 7.6%, Australia
4%, Poland 4% (2003)
Imports:
$138 million c.i.f. (2002)
Imports - commodities:
machinery and equipment, foodstuffs, fuels
Imports - partners:
Australia 15.3%, Japan 10.6%, Singapore 7.4%, New Zealand 6%, Fiji
5.1% (2003)
Debt - external:
$65.8 million (2001 est.)
Economic aid - recipient:
$45.8 million (1995)
Currency:
vatu (VUV)
Currency code:
VUV
Exchange rates:
vatu per US dollar - 122.189 (2003), 139.198 (2002), 145.312
(2001), 137.643 (2000), 129.075 (1999)
Fiscal year:
calendar year
Communications Vanuatu
Telephones - main lines in use:
6,500 (2003)
Telephones - mobile cellular:
7,800 (2003)
Telephone system:
general assessment: NA
domesti
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