f
national, entity, and cantonal leaders. The Bosnians have been slow to
form and install new joint institutions. A new Federation cabinet was
sworn in 18 December 1996 and the new Bosnian central government
cabinet was confirmed on 3 January 1997.

Economy

Economy - overview: Bosnia and Herzegovina ranked next to The Former
Yugoslav Republic of Macedonia as the poorest republic in the old
Yugoslav federation. Although agriculture has been almost all in
private hands, farms have been small and inefficient, and the republic
traditionally has been a net importer of food. Industry has been
greatly overstaffed, one reflection of the rigidities of communist
central planning and management. TITO had pushed the development of
military industries in the republic with the result that Bosnia hosted
a large share of Yugoslavia's defense plants. The bitter interethnic
warfare in Bosnia caused production to plummet by perhaps 90% since
1990, unemployment to soar, and human misery to multiply. No reliable
economic statistics for 1992-96 are available, although output almost
certainly is well below $1,000 per head. In the Federation,
unemployment remains in the 40%-50% range and inflation is low. By
contrast, growth in the Republika Srpska in 1996 was flat and
inflation surpassed 30%. The country receives substantial amounts of
humanitarian aid from the international community. Wide regional
differences in war damage and access to the outside world have
resulted in substantial variations in living conditions among local
areas.

GDP: purchasing power parity - $1.9 billion (1995 est.)

GDP - real growth rate: NA%

GDP - per capita: purchasing power parity - $600 (1995 est.)

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

Inflation rate - consumer price index: NA%

Labor force:
total: 1,026,254
by occupation: NA%

Unemployment rate: officially about 70% but probably much lower,
perhaps 40%-50% (1996 est.)

Budget:
revenues: $NA
expenditures: $NA, including capital expenditures of $NA

Industries: steel, coal, iron ore, lead, zinc, manganese, bauxite,
vehicle assembly, textiles, tobacco products, wooden furniture, tank
and aircraft assembly, domestic appliances, oil refining; much of
capacity damaged or shut down (1995)

Industrial production growth rate: NA%

Electricity - capacity: 3.991 million kW (1991)

Electricity - production: 1.87 billion kWh (1994)

Electricity - consumption