ent
BOULEKONE, and the Na-Griamel Movement, Frankie STEVENS; Friend
Melanesian Party, leader NA; People's Democratic Party (PDP), Sethy
REGENVANU; Independence Front (IF), Patrick CROWBY

International organization participation: ACCT, ACP, AsDB, C,
ESCAP, FAO, G-77, IBRD, ICAO, ICRM, IDA, IFC, IFRCS, IMF, IMO,
Intelsat (nonsignatory user), IOC, ITU, NAM, Sparteca, SPC, SPF, UN,
UNCTAD, UNESCO, UNIDO, UPU, WFTU, WHO, WMO

Diplomatic representation in US: Vanuatu does not have an embassy
in the US

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

Flag: 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
-------

Economic overview: The economy is based primarily on subsistence
farming which provides a living for the bulk 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.

GDP: purchasing power parity - $210 million (1994 est.)

GDP real growth rate: 2% (1994 est.)

GDP per capita: $1,220 (1994 est.)

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

Inflation rate (consumer prices): 7% (1995 est.)

Labor force: 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: 17,000 kW
production: 30 million kWh
consumption per capita: 181 kWh (1993)

Agriculture: coconuts, cocoa, coffee, taro, yams, coconuts,
fruits, vegetables; fish

Exports: $24.6 million (f.o.b., 1994 est.)
commodities: copra, beef, cocoa, timber, coffee
partners: EU 32%, Japan 29%, Australia 11%, New Caledoni