set freeze imposed in 1998 and the oil embargo
imposed during the NATO bombing remain in place.
GDP: purchasing power parity - $20.6 billion (1999 est.)
GDP - real growth rate: -20% (1999 est.)
GDP - per capita: purchasing power parity - $1,800 (1999 est.)
GDP - composition by sector:
agriculture: 20%
industry: 50%
services: 30% (1998 est.)
Population below poverty line: NA%
Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices): 42% (1999 est.)
Labor force: 1.6 million (1999 est.)
Labor force - by occupation: agriculture NA%, industry NA%, services
NA%
Unemployment rate: 30% (1999 est.)
Budget:
revenues: $NA
expenditures: $NA, including capital expenditures of $NA
Industries: machine building (aircraft, trucks, and automobiles; tanks
and weapons; electrical equipment; agricultural machinery); metallurgy
(steel, aluminum, copper, lead, zinc, chromium, antimony, bismuth,
cadmium); mining (coal, bauxite, nonferrous ore, iron ore, limestone);
consumer goods (textiles, footwear, foodstuffs, appliances);
electronics, petroleum products, chemicals, and pharmaceuticals
Industrial production growth rate: -22% (1999 est.)
Electricity - production: 38.84 billion kWh (1998)
Electricity - production by source:
fossil fuel: 67.88%
hydro: 32.12%
nuclear: 0%
other: 0% (1998)
Electricity - consumption: 36.141 billion kWh (1998)
Electricity - exports: 20 million kWh (1998)
Electricity - imports: 40 million kWh (1998)
Agriculture - products: cereals, fruits, vegetables, tobacco, olives;
cattle, sheep, goats
Exports: $1.5 billion (1999)
Exports - commodities: manufactured goods, food and live animals, raw
materials
Exports - partners: Bosnia and Herzegovina, Italy, The Former Yugoslav
Republic of Macedonia, Germany (1998)
Imports: $3.3 billion (1999)
Imports - commodities: machinery and transport equipment, fuels and
lubricants, manufactured goods, chemicals, food and live animals, raw
materials
Imports - partners: Germany, Italy, Russia, The Former Yugoslav
Republic of Macedonia (1998)
Debt - external: $14.1 billion (1999 est.)
Economic aid - recipient: $NA
Currency: 1 Yugoslav New Dinar (YD) = 100 paras; Montenegro made the
German deutsche mark (1 deutsche mark (DM) = 100 pfennige) legal
tender alongside the Yugoslav dinar (1999)
Exchange rates: Yugoslav New Dinars (YD) per US $1 - official rate:
1
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