abroad both legally and illegally are sizeable, and money
laundering is a growing concern. Mongolia settled its $11 billion
debt with Russia at the end of 2003 on favorable terms. Mongolia,
which joined the World Trade Organization in 1997, seeks to expand
its participation and integration into Asian regional economic and
trade regimes.

GDP (purchasing power parity):
$5.781 billion (2006 est.)

GDP (official exchange rate):
$1.54 billion (2006 est.)

GDP - real growth rate:
7.5% according to official estimate (2006 est.)

GDP - per capita (PPP):
$2,000 (2006 est.)

GDP - composition by sector:
agriculture: 20.6%
industry: 21.4%
services: 58% (2003 est.)

Labor force:
1.488 million (2003)

Labor force - by occupation:
herding/agriculture 42%, mining 42%, manufacturing 6%, trade 4%,
services 29%, public sector 6% (2003)

Unemployment rate:
6.7% (2003)

Population below poverty line:
36.1% (2004 est.)

Household income or consumption by percentage share:
lowest 10%: 2.1%
highest 10%: 37% (1995)

Distribution of family income - Gini index:
44 (1998)

Inflation rate (consumer prices):
9.5% (2005 est.)

Budget:
revenues: $702 million
expenditures: $651 million; including capital expenditures of $NA
(2005 est.)

Agriculture - products:
wheat, barley, vegetables, forage crops; sheep, goats, cattle,
camels, horses

Industries:
construction and construction materials; mining (coal, copper,
molybdenum, fluorspar, tin, tungsten, and gold); oil; food and
beverages; processing of animal products, cashmere and natural fiber
manufacturing

Industrial production growth rate:
4.1% (2002 est.)

Electricity - production:
3.24 billion kWh (2005 est.)

Electricity - production by source:
fossil fuel: 100%
hydro: 0%
nuclear: 0%
other: 0% (2001)

Electricity - consumption:
3.37 billion kWh (2005 est.)

Electricity - exports:
18 million kWh (2005 est.)

Electricity - imports:
130 million kWh (2005 est.)

Oil - production:
548.8 bbl/day (2005 est.)

Oil - consumption:
11,220 bbl/day (2005 est.)

Oil - exports:
515 bbl/day (2005 est.)

Oil - imports:
11,210 bbl/day (2005 est.)

Natural gas - production:
0 cu m (2004 est.)

Natural gas - consumption:
0 cu m (2004 est.)

Exports:
$852 million f.o.b. (2004 est.)

Exports - commodities:
copper, apparel, livestock, animal products, cashmere