artments, privatization of
numerous government agencies, and closure of some overseas consulates.
In recent years Nauru has encouraged the registration of offshore
banks and corporations. Tens of billions of dollars have been
channeled through their accounts.

GDP: purchasing power parity - $100 million (1993 est.)

GDP - real growth rate: NA%

GDP - per capita: purchasing power parity - $10,000 (1993 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): -3.6% (1993)

Labor force - by occupation: employed in mining phosphates, public
administration, education, and transportation

Unemployment rate: 0%

Budget:
revenues: $23.4 million
expenditures: $64.8 million, including capital expenditures of $NA
(FY95/96)

Industries: phosphate mining, financial services, coconut products

Industrial production growth rate: NA%

Electricity - production: 30 million kWh (1998)

Electricity - production by source:
fossil fuel: 100%
hydro: 0%
nuclear: 0%
other: 0% (1998)

Electricity - consumption: 28 million kWh (1998)

Electricity - exports: 0 kWh (1998)

Electricity - imports: 0 kWh (1998)

Agriculture - products: coconuts

Exports: $25.3 million (f.o.b., 1991)

Exports - commodities: phosphates

Exports - partners: Australia, NZ

Imports: $21.1 million (c.i.f., 1991)

Imports - commodities: food, fuel, manufactures, building materials,
machinery

Imports - partners: Australia, UK, NZ, Japan

Debt - external: $33.3 million

Economic aid - recipient: $2.25 million from Australia (FY96/97 est.)

Currency: 1 Australian dollar ($A) = 100 cents

Exchange rates: Australian dollars ($A) per US$1 - 1.5207 (January
2000), 1.5497 (1999), 1.5888 (1998), 1.3439 (1997), 1.2773 (1996),
1.3486 (1995)

Fiscal year: 1 July - 30 June

@Nauru:Communications

Telephones - main lines in use: 2,000 (1994)

Telephones - mobile cellular: 450 (1994)

Telephone system: adequate local and international radiotelephone
communications provided via Australian facilities
domestic: NA
international: satellite earth station - 1 Intelsat (Pacific Ocean)

Radio broadcast stations: AM 1, FM 0, shortwave 0 (1998)

Radios: 7,000 (1997)

Television broadcast stations: 1 (1997)

Televisions: 500 (1997)

Internet Service Providers