ugh on privatization, increased openness in government
financial operations, progress towards legislative elections, and possible
downsizing of the military, on which the regime has depended to stay in
place. Lack of large-scale foreign aid, deterioration of the financial
sector, energy shortages, and depressed commodity prices continue to
constrain economic growth. The takeover of the national power company
by a Franco-Canadian consortium in 2000 should ease the energy crisis.

GDP: purchasing power parity - $7.6 billion (2001 est.)

GDP - real growth rate: 2.2% (2001 est.)

GDP - per capita: purchasing power parity - $1,500 (2001 est.)

GDP - composition by sector: agriculture: 42% industry: 21% services:
37% (2001 est.)

Population below poverty line: 32% (1989 est.)

Household income or consumption by percentage share: lowest 10%: NA%
highest 10%: NA%

Inflation rate (consumer prices): 2.3% (2001 est.)

Labor force: 1.74 million (1996)

Labor force - by occupation: agriculture 65%, industry 5%, services 30%
(1998 est.)

Unemployment rate: NA%

Budget: revenues: $232 million expenditures: $252 million, including
capital expenditures of $NA (1997 est.)

Industries: phosphate mining, agricultural processing, cement;
handicrafts, textiles, beverages

Industrial production growth rate: NA%

Electricity - production: 97 million kWh (2000)

Electricity - production by source: fossil fuel: 97.94% other: 0%
(2000) hydro: 2.06% nuclear: 0%

Electricity - consumption: 525.21 million kWh (2000)

Electricity - exports: 0 kWh (2000)

Electricity - imports: 435 million kWh note: electricity supplied by
Ghana (2000)

Agriculture - products: coffee, cocoa, cotton, yams, cassava (tapioca),
corn, beans, rice, millet, sorghum; livestock; fish

Exports: $306 million (f.o.b., 2001)

Exports - commodities: cotton, phosphates, coffee, cocoa

Exports - partners: Benin 12%, Nigeria 9%, Belgium 5%, Ghana 4% (2000)

Imports: $420 million (f.o.b., 2001)

Imports - commodities: machinery and equipment, foodstuffs, petroleum
products

Imports - partners: Ghana 26%, France 11%, China 7%, Cote d'Ivoire 7%
(2000)

Debt - external: $1.5 billion (1999)

Economic aid - recipient: $201.1 million (1995)

Currency: Communaute Financiere Africaine franc (XOF); note - responsible
authority is the Central Bank of the West African States

Currency code: XOF

Exchange rates: Communaute Finan