n in the US: Vanuatu does not have an embassy
in the US

Diplomatic representation from the US: the US does not have an embassy
in Vanuatu; the ambassador to Papua New Guinea is accredited to
Vanuatu

Flag description: two equal horizontal bands of red (top) and green
with a black isosceles triangle (based on the hoist side) all
separated by a black-edged yellow stripe in the shape of a horizontal
Y (the two points of the Y face the hoist side and enclose the
triangle); centered in the triangle is a boar's tusk encircling two
crossed namele leaves, all in yellow

Economy

Economy - overview: The economy is based primarily on subsistence or
small-scale agriculture which provides a living for 65% of the
population. Fishing and tourism are the other mainstays of the
economy, with 43,000 visitors in 1992. Mineral deposits are
negligible; the country has no known petroleum deposits. A small light
industry sector caters to the local market. Tax revenues come mainly
from import duties. Economic development is hindered by dependence on
relatively few commodity exports, vulnerability to natural disasters,
and long distances from main markets and between constituent islands.

GDP: purchasing power parity - $219 million (1995 est.)

GDP - real growth rate: 2% (1995)

GDP - per capita: purchasing power parity - $1,230 (1995 est.)

GDP - composition by sector:
agriculture : 25%
industry: 9%
services: 66%

Inflation rate - consumer price index: 4% (1995)

Labor force:
total: 66,597 (1989 est.)
by occupation: agriculture 65%, services 32%, industry 3% (1995 est.)

Unemployment rate: NA%

Budget:
revenues : $74.8 million
expenditures: $76.1 million, including capital expenditures of $NA
(1994 est.)

Industries: food and fish freezing, wood processing, meat canning

Industrial production growth rate: 3.4% (1993 est.)

Electricity - capacity: 11,000 kW (1995)

Electricity - production: 30 million kWh (1994)

Electricity - consumption per capita: NA kWh

Agriculture - products: copra, coconuts, cocoa, coffee, taro, yams,
coconuts, fruits, vegetables; fish, beef

Exports:
total value: $28 million (f.o.b., 1995)
commodities: copra, beef, cocoa, timber, coffee
partners : EU 32%, Japan 29%, Australia 11%, New Caledonia 7% (1993)

Imports:
total value: $93 million (f.o.b., 1995 est.)
commodities: machines and vehicles, food and beverages, basic
manufactures, raw materials and fuels, chemicals
partners: Austra