essing factories,
accounts for another 26% of GDP. Mining has declined in importance in
recent years; high-grade iron ore deposits were depleted in 1978, and
health concerns cut world demand for asbestos. Exports of sugar and
forestry products are the main earners of hard currency. Surrounded by
South Africa, except for a short border with Mozambique, Swaziland
is heavily dependent on South Africa, from which it receives 92% of
its imports and to which it sends about 40% of its exports.
_#_GNP: $563 million, per capita $670; real growth rate 5.0% (1990
est.)
_#_Inflation rate (consumer prices): 13% (1990)
_#_Unemployment rate: NA%
_#_Budget: revenues $322.9 million; expenditures $325.5 million,
including capital expenditures of $NA (FY92 est.)
_#_Exports: $543 million (f.o.b., 1990);
commodities--soft drink concentrates, sugar, wood pulp, citrus,
canned fruit;
partners--South Africa 40% (est.), EC, Canada
_#_Imports: $651 million (f.o.b., 1990);
commodities--motor vehicles, machinery, transport equipment,
petroleum products, foodstuffs, chemicals;
partners--South Africa 92% (est.), Japan, Belgium, UK
_#_External debt: $290 million (1990)
_#_Industrial production: growth rate NA; accounts for 26%
of GDP (1989)
_#_Electricity: 50,000 kW capacity; 130 million kWh produced,
170 kWh per capita (1989)
_#_Industries: mining (coal and asbestos), wood pulp, sugar
_#_Agriculture: accounts for 23% of GDP and over 60% of labor force;
mostly subsistence agriculture; cash crops--sugarcane, citrus fruit,
cotton, pineapples; other crops and livestock--corn, sorghum, peanuts,
cattle, goats, sheep; not self-sufficient in grain
_#_Economic aid: US commitments, including Ex-Im (FY70-89), $142
million; Western (non-US) countries, ODA and OOF bilateral commitments
(1970-88), $488 million
_#_Currency: lilangeni (plural--emalangeni); 1 lilangeni (E) =
100 cents
_#_Exchange rates: emalangeni (E) per US$1--2.5625 (January 1991),
2.5863 (1990), 2.6166 (1989), 2.2611 (1988), 2.0350 (1987), 2.2685
(1986), 2.1911 (1985); note--the Swazi emalangeni is at par with the
South African rand
_#_Fiscal year: 1 April-31 March
_*_Communications
_#_Railroads: 297 km plus 71 km disused, 1.067-meter gauge, single
track
_#_Highways: 2,853 km total; 510 km paved, 1,230 km crushed stone,
gravel, or stabilized soil, and 1,113 km improved earth
_#_Civil air: 1 major transport ai
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