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terrorist attacks, has stunted the economic recovery. Serious problems
include: high interest rates; increased foreign competition; a pressured,
sometimes sliding, exchange rate; a widening merchandise trade deficit;
and a growing internal debt, the result of government bailouts to
various ailing sectors of the economy, particularly the financial
sector. Depressed economic conditions have led to increased civil unrest,
including a mounting crime rate. Jamaica's medium-term prospects will
depend upon encouraging investment, maintaining a competitive exchange
rate, selling off reacquired firms, and implementing proper fiscal and
monetary policies.
GDP: purchasing power parity - $9.8 billion (2001 est.)
GDP - real growth rate: 1.1% (2001 est.)
GDP - per capita: purchasing power parity - $3,700 (2001 est.)
GDP - composition by sector: agriculture: 7% industry: 28% services: 65%
(2000 est.)
Population below poverty line: 34.2% (1992 est.)
Household income or consumption by percentage share: lowest 10%: 2.9%
highest 10%: 28.9% (1996)
Distribution of family income - Gini index: 36.4 (1996)
Inflation rate (consumer prices): 6.9% (2001 est.)
Labor force: 1.13 million (1998)
Labor force - by occupation: services 60%, agriculture 21%, industry 19%
(1998)
Unemployment rate: 16% (2000 est.)
Budget: revenues: $2.23 billion expenditures: $2.56 billion, including
capital expenditures of $232.5 million (FY99/00 est.)
Industries: tourism, bauxite, textiles, food processing, light
manufactures, rum, cement, metal, paper, chemical products
Industrial production growth rate: -2% (2000 est.)
Electricity - production: 6.74 billion kWh (2000)
Electricity - production by source: fossil fuel: 89.44% hydro: 3.22%
other: 7.34% (2000) nuclear: 0%
Electricity - consumption: 6.27 billion kWh (2000)
Electricity - exports: 0 kWh (2000)
Electricity - imports: 0 kWh (2000)
Agriculture - products: sugarcane, bananas, coffee, citrus, potatoes,
vegetables; poultry, goats, milk
Exports: $1.6 billion (f.o.b., 2001 est.)
Exports - commodities: alumina, bauxite; sugar, bananas, rum
Exports - partners: US 35.7%, EU (excluding UK) 15.9%, UK 13%, Canada
10.5% (1999)
Imports: $3.1 billion (f.o.b., 2001 est.)
Imports - commodities: machinery and transport equipment, construction
materials, fuel, food, chemicals, fertilizers
Imports - partners: US 47.8%, Caricom countries 12.4%,
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