shing, and offshore financial services. Most food for domestic
consumption is imported; there is some subsistence farming - mainly
corn, cassava, citrus, and beans - on the Caicos Islands. The tourism
sector expanded in 1995, posting a 10% increase in the first quarter
as compared to the same period in 1994. The US was the leading source
of tourists in 1995, accounting for upward of 70% of arrivals or about
60,000 visitors. Major sources of government revenue include fees from
offshore financial activities and customs receipts as the Islands rely
on imports for nearly all consumption and capital goods.

GDP: purchasing power parity - $84.5 million (1993 est.)

GDP - real growth rate: 2% (1993 est.)

GDP - per capita: purchasing power parity - $6,400 (1993 est.)

GDP - composition by sector:
agriculture : NA%
industry: NA%
services: NA%

Inflation rate - consumer price index: NA%

Labor force:
total: 4,848 (1990 est.)
by occupation: majority engaged in fishing and tourist industries;
some subsistence agriculture

Unemployment rate: 12% (1992)

Budget:
revenues: $31.9 million
expenditures: $30.4 million, including capital expenditures of $NA
(1995)

Industries: fishing, tourism, offshore financial services

Industrial production growth rate: NA%

Electricity - capacity: NA kW

Electricity - production: NA kWh

Electricity - consumption per capita: NA kWh

Agriculture - products: corn, beans; fish

Exports:
total value: $6.8 million (f.o.b., 1993)
commodities: lobster, dried and fresh conch, conch shells
partners: US, UK

Imports:
total value: $42.8 million (1993)
commodities: food and beverages, tobacco, clothing, manufactures,
construction materials
partners: US, UK

Debt - external: $NA

Economic aid:
recipient : ODA, $NA

Currency: 1 United States dollar (US$) = 100 cents

Exchange rates: US currency is used

Fiscal year: calendar year

@Turks and Caicos Islands:Communications

Telephones: 1,359 (1988 est.)

Telephone system: fair cable and radiotelephone services
domestic: NA
international : 2 submarine cables; satellite earth station - 1
Intelsat (Atlantic Ocean)

Radio broadcast stations: AM 3, FM 0, shortwave 0

Radios: 7,000 (1992 est.)

Television broadcast stations: television programs are available from
a cable network, and broadcasts from the Bahamas can be received in
the islands

Televisions: NA

@Turks and Caicos Islands:Transportation

Railways: 0 km