EM, president]

Political pressure groups and leaders:
NA

International organization participation:
ACCT, ACP, AfDB, AU, ECOWAS, FAO, G-77, IBRD, ICAO, ICCt
(signatory), ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO,
Interpol, IOC, IOM, ITU, MIGA, NAM, OPCW, UN, UNCTAD, UNESCO, UNIDO,
UPU, WCO, WHO, WIPO, WMO, WToO, WTrO (observer)

Diplomatic representation in the US:
chief of mission: Ambassador Jose BRITO
consulate(s) general: Boston
FAX: [1] (202) 965-1207
telephone: [1] (202) 965-6820
chancery: 3415 Massachusetts Avenue NW, Washington, DC 20007

Diplomatic representation from the US:
chief of mission: Ambassador Donald C. JOHNSON
embassy: Rua Abilio m. Macedo 81, Praia
mailing address: C. P. 201, Praia
telephone: [238] 61 56 16, 61 56 17
FAX: [238] 61 13 55

Flag description:
three horizontal bands of light blue (top, double width), white
(with a horizontal red stripe in the middle third), and light blue;
a circle of 10 yellow five-pointed stars is centered on the hoist
end of the red stripe and extends into the upper and lower blue bands

Economy Cape Verde

Economy - overview:
This island economy suffers from a poor natural resource base,
including serious water shortages exacerbated by cycles of long-term
drought. The economy is service-oriented, with commerce, transport,
tourism, and public services accounting for 72% of GDP. Although
nearly 70% of the population lives in rural areas, the share of
agriculture in GDP in 2001 was only 11%, of which fishing accounted
for 1.5%. About 82% of food must be imported. The fishing potential,
mostly lobster and tuna, is not fully exploited. Cape Verde annually
runs a high trade deficit, financed by foreign aid and remittances
from emigrants; remittances supplement GDP by more than 20%.
Economic reforms are aimed at developing the private sector and
attracting foreign investment to diversify the economy. Prospects
for 2004 depend heavily on the maintenance of aid flows, tourism,
remittances, and the momentum of the government's development
program.

GDP:
purchasing power parity - $600 million (2002 est.)

GDP - real growth rate:
4% (2002 est.)

GDP - per capita:
purchasing power parity - $1,400 (2002 est.)

GDP - composition by sector:
agriculture: 10%
industry: 16.5%
services: 62.8% (2003)

Investment (gross fixed):
16.5% of GDP (2003)

Population below p