is engaged in crop production and livestock raising.
Small-scale manufacturing activity features the processing of
peanuts, fish, and hides. A sustained structural adjustment program,
including a liberalized trade policy, had fostered a respectable 4%
annual rate of growth in 1990-93. Reexport trade normally
constitutes one-third of economic activity; however, border closures
associated with Senegal's monetary crisis in late 1993 led to a
halving of reexport trade, reducing government revenues in turn. The
50% devaluation of the CFA franc in January 1994 has made Senegalese
goods more competitive and apparently prompted a relaxation of
Senegalese controls, paving the way for a comeback in reexports.
But, in response to the military's takeover in July 1994, cuts in
foreign trade and a decline in tourism have undermined economic
growth.

GDP: purchasing power parity - $1.1 billion (1995 est.)

GDP real growth rate: 2% (1995 est.)

GDP per capita: $1,100 (1995 est.)

GDP composition by sector:
agriculture: 27%
industry: 15%
services: 58% (1993)

Inflation rate (consumer prices): 1.7% (1994)

Labor force: 400,000 (1986 est.)
by occupation: agriculture 75.0%, industry, commerce, and services
18.9%, government 6.1%

Unemployment rate: NA%

Budget:
revenues: $91.4 million
expenditures: $90 million, including capital expenditures of $NA
(FY95/96 est.)

Industries: processing peanuts, fish, and hides; tourism;
beverages; agricultural machinery assembly, woodworking,
metalworking; clothing

Industrial production growth rate: NA%

Electricity:
capacity: 30,000 kW
production: 70 million kWh
consumption per capita: 64 kWh (1993)

Agriculture: peanuts, millet, sorghum, rice, corn, cassava
(tapioca), palm kernels; cattle, sheep, goats; forest and fishing
resources not fully exploited

Exports: $35 million (f.o.b., 1994 est.)
commodities: peanuts and peanut products, fish, cotton lint, palm
kernels
partners: Japan 60%, Europe 29%, Africa 5%, US 1%, other 5% (1989)

Imports: $209 million (f.o.b., 1994 est.)
commodities: foodstuffs, manufactures, raw materials, fuel,
machinery and transport equipment
partners: Europe 57%, Asia 25%, USSR and Eastern Europe 9%, US 6%,
other 3% (1989)

External debt: $386 million (1993 est.)

Economic aid:
recipient: ODA, $NA

Currency: 1 dalasi (D) = 100 butut

Exchange rates: dalasi (D) per US$1 - 9