ative Council (19 seats, of
which 13 are popularly elected; members serve four-year terms)
elections: last held 31 January 1995 (next to be held by NA December
1999)
election results: percent of vote by party--NA; seats by party--PDM 8,
PNP 4, independent (Norman SAUNDERS) 1

Judicial branch: Supreme Court

Political parties and leaders: Progressive National Party or PNP

International organization participation: Caricom (associate),
CDB, Interpol (subbureau)

Diplomatic representation in the US: none (overseas territory of
the UK)

Diplomatic representation from the US: none (overseas territory
of the UK)

Flag description: blue, with the flag of the UK in the upper
hoist-side quadrant and the colonial shield centered on the outer
half of the flag; the shield is yellow and contains a conch shell,
lobster, and cactus

Economy

Economy--overview: The Turks and Caicos economy is based on
tourism, fishing, and offshore financial services. Most capital
goods and food for domestic consumption are imported. The US was the
leading source of tourists in 1996, accounting for more than half of
the 87,000 visitors. Major sources of government revenue include
fees from offshore financial activities and customs receipts.

GDP: purchasing power parity--$117 million (1997 est.)

GDP--real growth rate: 4% (1997 est.)

GDP--per capita: purchasing power parity?$7,700 (1997 est.)

GDP--composition by sector:
agriculture: NA%
industry: NA%
services: NA%

Population below poverty line: NA%

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

Inflation rate (consumer prices): 4% (1995)

Labor force: 4,848 (1990 est.)

Labor force--by occupation: about 33% in government and 20% in
agriculture and fishing; significant numbers in tourism and
financial and other services (1997 est.)

Unemployment rate: 10% (1997 est.)

Budget:
revenues: $47 million
expenditures: $33.6 million, including capital expenditures of $NA
(1997/98 est.)

Industries: tourism, offshore financial services

Industrial production growth rate: NA%

Electricity--production: 5 million kWh (1996)

Electricity--production by source:
fossil fuel: 100%
hydro: 0%
nuclear: 0%
other: 0% (1996)

Electricity--consumption: 5 million kWh (1996)

Electricity--exports: 0 kWh (1996)

Electricity--imports: 0 kWh (1996)

Agriculture--products: co