by British, Russian and American military
assistance programs. The economy has been growing and in February 1996
the EU agreed to finance the reconstruction of the port of Berbera;
since then, other aid projects have been assumed by the EU and by a
non-governmental Italian organization.

@Somalia:Economy

Economy-overview: One of the world's poorest and least developed
countries, Somalia has few resources. Moreover, much of the economy
has been devastated by the civil war. Agriculture is the most
important sector, with livestock accounting for about 40% of GDP and
about 65% of export earnings. Nomads and semi-nomads, who are
dependent upon livestock for their livelihood, make up a large portion
of the population. Crop production generates only 10% of GDP and
employs about 20% of the work force. After livestock, bananas are the
principal export; sugar, sorghum, corn, and fish are products for the
domestic market. The small industrial sector, based on the processing
of agricultural products, accounts for less than 10% of GDP; most
facilities have been shut down because of the civil strife. Moreover,
ongoing civil disturbances in Mogadishu and outlying areas are
interfering with any substantial economic advance.

GDP: purchasing power parity-$8 billion (1996 est.)

GDP-real growth rate: 4% (1996 est.)

GDP-per capita: purchasing power parity-$600 (1996 est.)

GDP-composition by sector:
agriculture: 59%
industry: 10%
services: 31% (1995 est.)

Inflation rate-consumer price index: NA%

Labor force:
total: 3.7 million (very few are skilled laborers)(1993 est.)
by occupation: agriculture (mostly pastoral nomadism) 71%, industry
and services 29%

Unemployment rate: NA%

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

Industries: a few small industries, including sugar refining,
textiles, petroleum refining (mostly shut down)

Industrial production growth rate: NA%

Electricity-capacity: 144,000 kW prior to the civil war, but now
largely shut down due to war damage; some localities operate their own
generating plants, providing limited municipal power; note-UN and
relief organizations use their own portable power systems

Electricity-production: 245 million kWh (1995 est.)

Electricity-consumption per capita: 33 kWh (1995 est.)

Agriculture-products: bananas, sorghum, corn, sugarcane, mangoes,
sesame seeds, beans; cattle, sheep, goats; fishing potential largely
unexploite