ate
1995. Those agreements mandate progress in privatization and fiscal
discipline. France provided additional financial support in January
1997 after Gabon had met IMF targets for mid-1996.

GDP: purchasing power parity - $6.3 billion (1996 est.)

GDP - real growth rate: 2.6% (1996 est.)

GDP - per capita: purchasing power parity - $5,400 (1996 est.)

GDP - composition by sector:
agriculture: 8.2%
industry: 44.7%
services: 47.1% (1993 est.)

Inflation rate - consumer price index: 6.2% (1996 est.)

Labor force: NA
by occupation: agriculture 65%, industry and commerce, services

Unemployment rate: 10%-14% (1993 est.)

Budget:
revenues: $1.3 billion
expenditures: $1.6 billion, including capital expenditures of $311
million (1993 est.)

Industries: food and beverage; textile; lumbering and plywood; cement;
petroleum extraction and refining; manganese, uranium, and gold
mining; chemicals; ship repair

Industrial production growth rate: NA%

Electricity - capacity: 301,000 kW (1992)

Electricity - production: 930 million kWh (1994)

Electricity - consumption per capita: 744 kWh (1994 est.)

Agriculture - products: cocoa, coffee, sugar, palm oil; rubber; okoume
(a tropical softwood); cattle; small fishing operations (provide a
catch of about 30,000 metric tons)

Exports:
total value: $2.7 billion (f.o.b., 1995)
commodities: crude oil 78%, timber 14%, manganese 4%, uranium
partners: US 59%, France 12%, Japan 4%, China 5%, Spain, Germany

Imports:
total value: $700 million (f.o.b., 1995)
commodities: machinery and equipment, foodstuffs, chemicals, petroleum
products, construction materials
partners : France 39%, Cote d'Ivoire 13%, US 6%, Netherlands 5%, Japan

Debt - external: $3.9 billion (1996 )

Economic aid: $NA

Currency: 1 Communaute Financiere Africaine franc (CFAF) = 100
centimes

Exchange rates: CFA francs (CFAF) per US$1 - 541.69 (January 1997),
511.55 (1996), 499.15 (1995), 555.20 (1994), 283.16 (1993), 264.69
(1992)
note: beginning 12 January 1994, the CFA franc was devalued to CFAF
100 per French franc from CFAF 50 at which it had been fixed since
1948

Fiscal year: calendar year

@Gabon:Communications

Telephones: 22,000 (1991 est.)

Telephone system:
domestic: adequate system of cable, microwave radio relay,
tropospheric scatter, radiotelephone communication stations, and a
domestic satellite system with 12 earth stations
international: satellite earth stations - 3 Intels