roduction and
exports began in early 2006 and averaged 75,000 barrels per day for
the year. Meantime the government emphasizes reduction of poverty,
improvement of health and education, and promoting privatization of
the economy.
GDP (purchasing power parity):
$8.397 billion (2006 est.)
GDP (official exchange rate):
$1.641 billion (2006 est.)
GDP - real growth rate:
19.4% (2006 est.)
GDP - per capita (PPP):
$2,600 (2006 est.)
GDP - composition by sector:
agriculture: 25%
industry: 29%
services: 46% (2001 est.)
Labor force:
786,000 (2001)
Labor force - by occupation:
agriculture: 50%
industry: 10%
services: 40% (2001 est.)
Unemployment rate:
20% (2004 est.)
Population below poverty line:
40% (2004 est.)
Household income or consumption by percentage share:
lowest 10%: 2.5%
highest 10%: 30.2% (2000)
Distribution of family income - Gini index:
39 (2000)
Inflation rate (consumer prices):
7% (2003 est.)
Budget:
revenues: $421 million
expenditures: $378 million; including capital expenditures of $154
million (2002 est.)
Agriculture - products:
dates, millet, sorghum, rice, corn; cattle, sheep
Industries:
fish processing, mining of iron ore and gypsum
Industrial production growth rate:
2% (2000 est.)
Electricity - production:
176.7 million kWh (2004)
Electricity - production by source:
fossil fuel: 85.9%
hydro: 14.1%
nuclear: 0%
other: 0% (2001)
Electricity - consumption:
164.3 million kWh (2004)
Electricity - exports:
0 kWh (2004)
Electricity - imports:
0 kWh (2004)
Oil - production:
75,000 bbl/day (2006 est.)
Oil - consumption:
24,200 bbl/day (2004 est.)
Oil - exports:
NA bbl/day
Oil - imports:
NA bbl/day
Oil - proved reserves:
1 billion bbl (2005)
Natural gas - production:
0 cu m (2004 est.)
Natural gas - consumption:
0 cu m (2004 est.)
Natural gas - proved reserves:
0 cu m (1 January 2005 est.)
Exports:
$784 million f.o.b. (2004 est.)
Exports - commodities:
iron ore, fish and fish products, gold
Exports - partners:
Italy 14.8%, Japan 12.2%, France 11.9%, Belgium 8.5%, Germany 8.2%,
Cote d'Ivoire 7.1%, Spain 7.1%, Russia 5%, Netherlands 4.4% (2005)
Imports:
$1.124 billion f.o.b. (2004 est.)
Imports - commodities:
machinery and equipment, petroleum products, capital goods,
foodstuffs, consumer goods
Imports - pa
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