ng
strain on the budget in 2005, and combined with indecisive monetary
policy, contributed to a run on the currency in August, prompting
the government to enact a 126% average fuel price hike in October.
The resulting inflation and interest rate hikes dampened growth
through mid-2006, while large increases in rice prices pushed
millions more people under the national poverty line. Economic
reformers introduced three policy packages in 2006 to improve the
investment climate, infrastructure, and the financial sector, but
translating them into reality has not been easy. Keys to future
growth remain internal reform, building up the confidence of
international and domestic investors, and strong global economic
growth.
GDP (purchasing power parity):
$935 billion (2006 est.)
GDP (official exchange rate):
$264.4 billion (2006 est.)
GDP - real growth rate:
5.4% (2006 est.)
GDP - per capita (PPP):
$3,800 (2006 est.)
GDP - composition by sector:
agriculture: 13.1%
industry: 46%
services: 41% (2006 est.)
Labor force:
108.2 million (2006 est.)
Labor force - by occupation:
agriculture: 43.3%
industry: 18%
services: 38.7% (2004 est.)
Unemployment rate:
12.5% (2006 est.)
Population below poverty line:
17.8% (2006)
Household income or consumption by percentage share:
lowest 10%: 3.6%
highest 10%: 28.5% (2002)
Distribution of family income - Gini index:
34.8 (2004)
Inflation rate (consumer prices):
13.2% (2006 est.)
Investment (gross fixed):
20.3% of GDP (2006 est.)
Budget:
revenues: $75.58 billion
expenditures: $79.45 billion; including capital expenditures of $NA
(2006 est.)
Public debt:
43.8% of GDP (2006 est.)
Agriculture - products:
rice, cassava (tapioca), peanuts, rubber, cocoa, coffee, palm oil,
copra; poultry, beef, pork, eggs
Industries:
petroleum and natural gas, textiles, apparel, footwear, mining,
cement, chemical fertilizers, plywood, rubber, food, tourism
Industrial production growth rate:
2.6% (2006 est.)
Electricity - production:
112.6 billion kWh (2004)
Electricity - production by source:
fossil fuel: 86.9%
hydro: 10.5%
nuclear: 0%
other: 2.6% (2001)
Electricity - consumption:
104.7 billion kWh (2004)
Electricity - exports:
0 kWh (2004)
Electricity - imports:
0 kWh (2004)
Oil - production:
1.061 million bbl/day (2005 est.)
Oil - consumption:
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