t has taken measures to curb violent crime and to revive economic
activity and trade. The economy is bolstered by remittances from abroad
of $400-$600 million annually, mostly from Greece and Italy. Agriculture,
which accounts for 52% of GDP, is held back because of frequent drought
and the need to modernize equipment and consolidate small plots of
land. Severe energy shortages are forcing small firms out of business,
increasing unemployment, scaring off foreign investors, and spurring
inflation.
GDP: purchasing power parity - $13.2 billion (2001 est.)
GDP - real growth rate: 7.3% (2001 est.)
GDP - per capita: purchasing power parity - $3,800 (2001 est.)
GDP - composition by sector: agriculture: 52% industry: 21% services:
27% (2001 est.)
Population below poverty line: 30% (2001 est.)
Household income or consumption by percentage share: lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices): 3% (2001 est.)
Labor force: 1.283 million (not including 352,000 emigrant workers and
261,000 domestically unemployed) (2000 est.)
Labor force - by occupation: agriculture 50%, industry and services 50%
Unemployment rate: 17% officially (2001 est.); may be as high as 30%
Budget: revenues: $697 million expenditures: $1.5 billion, including
capital expenditures of $368 million (2002 est.)
Industries: food processing, textiles and clothing; lumber, oil, cement,
chemicals, mining, basic metals, hydropower
Industrial production growth rate: 9% (2000 est.)
Electricity - production: 4.738 billion kWh (2000)
Electricity - production by source: fossil fuel: 3% hydro: 97% other: 0%
(2000) nuclear: 0%
Electricity - consumption: 5.378 billion kWh (2000)
Electricity - exports: 100 million kWh (2000)
Electricity - imports: 1.072 billion kWh (2000)
Agriculture - products: wheat, corn, potatoes, vegetables, fruits,
sugar beets, grapes; meat, dairy products
Exports: $306 million (f.o.b., 2001 est.)
Exports - commodities: textiles and footwear; asphalt, metals and
metallic ores, crude oil; vegetables, fruits, tobacco
Exports - partners: Italy 70%, Greece 12%, Germany 6%, The Former
Yugoslav Republic of Macedonia 2%, Austria 1% (2001)
Imports: $1.1 billion (f.o.b., 2001 est.)
Imports - commodities: machinery and equipment, foodstuffs, textiles,
chemicals
Imports - partners: Italy 32%, Greece 26%, Turkey 6%, Germany 6%,
Bulgaria 2% (2001)
Debt - external: $
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