rkey provides direct and indirect aid to
nearly every sector. In January 1997, Turkey signed a $250 million
economic cooperation accord with the Turkish Cypriot area to support
tourism, education, and industry.

GDP: purchasing power parity-$11.19 billion (Greek Cypriot area:
purchasing power parity-$9.75 billion; Turkish Cypriot area:
purchasing power parity - $1.44 billion) (1997 est.)

GDP-real growth rate: 2.4% (Greek Cypriot area: 2.5%; Turkish Cypriot
area: 1.7%) (1997 est.)

GDP-per capita: purchasing power parity-$13,500 (Greek Cypriot area:
purchasing power parity-$15,000; Turkish Cypriot area: purchasing
power parity-$8,000) (1997 est.)

GDP-composition by sector: Greek Cypriot area: agriculture 4.4%;
industry 22.4%; services 73.2% (1996); Turkish Cypriot area:
agriculture 10%; industry 24.6%; services 65.4% (1995)

Inflation rate-consumer price index: Greek Cypriot area: 3.5% (1997
est.); Turkish Cypriot area: 87.5% (1997 est.)

Labor force:
total: Greek Cypriot area: 299,700
by occupation: services 62%, industry 25%, agriculture 13% (1995)
total: Turkish Cypriot area: 76,500 (1996)
by occupation: services 66%, industry 11%, agriculture 23% (1995)

Unemployment rate: Greek Cypriot area: 3.3% (1997 est.); Turkish
Cypriot area: 6.4% (1996)

Budget:
revenues: Greek Cypriot area-$2.9 billion, Turkish Cypriot area-$171
million
expenditures: Greek Cypriot area-$3.4 billion, including capital
expenditures of $345 million, Turkish Cypriot area-$306 million,
including capital expenditures of $56.8 million (1997 est.)

Industries: food, beverages, textiles, chemicals, metal products,
tourism, wood products

Industrial production growth rate: Greek Cypriot area: -4% (1996);
Turkish Cypriot area: 5.1% (1995)

Electricity-capacity: 666,000 kW (1995)

Electricity-production: 2.6 billion kWh (1995)

Electricity-consumption per capita: 3,530 kWh (1995)

Agriculture-products: potatoes, citrus, vegetables, barley, grapes,
olives, vegetables

Exports:
total value: Greek Cypriot area: $1.3 billion (f.o.b., 1996)
commodities: citrus, potatoes, grapes, wine, cement, clothing and
shoes
partners: Russia 19.1%, Bulgaria 16.4%, UK 11.3%, Greece 6.3%, Germany
4.8%
total value: Turkish Cypriot area: $70.5 million (f.o.b., 1996)
commodities: citrus, potatoes, textiles
partners: Turkey 48.2%, UK 21.3%, other EU 13.7%

Imports:
total value: Greek Cypriot area: $3.6 billion (f.o.b., 1996)
commodities: consumer g