activity. Although strikes had ended in 1994, political unrest and
lack of funds prevented the government from taking advantage of the
50% currency devaluation of 12 January 1994. Resumption of World
Bank and IMF flows will depend on implementation of several
controversial moves toward privatization and on downsizing the
military, on which the regime depends to stay in power.

GDP: purchasing power parity - $4.1 billion (1995 est.)

GDP real growth rate: 6% (1995 est.)

GDP per capita: $900 (1995 est.)

GDP composition by sector:
agriculture: 49.2%
industry: 17.7%
services: 33.1% (1993 est.)

Inflation rate (consumer prices): 8.8% (1995 est.)

Labor force: 1.538 million (1993 est.)
by occupation: agriculture 64%, industry 9%, services 21%.
unemployed 6% (1981 est.)

Unemployment rate: NA%

Budget:
revenues: $165 million
expenditures: $274 million, including capital expenditures of $NA
(1995 est.)

Industries: phosphate mining, agricultural processing, cement;
handicrafts, textiles, beverages

Industrial production growth rate: NA%

Electricity:
capacity: 34,000 kW
production: 41.004 million kWh
consumption per capita: 9 kWh (1990)

Agriculture: coffee, cocoa, cotton, yams, cassava (tapioca), corn,
beans, rice, millet, sorghum; meat; annual fish catch of
10,000-14,000 tons

Illicit drugs: increasingly used as transit hub by heroin
traffickers

Exports: $162.2 (f.o.b., 1994)
commodities: phosphates, cotton, cocoa, coffee
partners: EC 40%, Africa 16%, US 1% (1990)

Imports: $212 million (c.i.f., 1994)
commodities: machinery and equipment, consumer goods, food, chemical
products
partners: EC 57%, Africa 17%, US 5%, Japan 4% (1990)

External debt: $1.3 billion (1991)

Economic aid:
recipient: ODA, $NA

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

Exchange rates: CFA francs (CFAF) per US$1 - 500.56 (January
1996), 499.15 (1995), 555.20 (1994), 283.16 (1993), 264.69 (1992),
282.11 (1991)
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

Transportation
--------------

Railways:
total: 525 km (1995)
narrow gauge: 525 km 1.000-m gauge

Highways:
total: 7,545 km
paved: 1,833 km
unpaved: 5,712 km (1993 est.)

Waterways: 50 km Mono river

Ports: Kpeme, Lome