yellow band; similar
to the flag of Ghana, which has a large black five-pointed star
centered in the yellow band

@Bolivia:Economy

Economy - overview: Bolivia, long one of the poorest and least
developed Latin American countries, has made considerable progress
toward the development of a market-oriented economy. Successes under
President SANCHEZ DE LOZADA (1993-1997) included the signing of a free
trade agreement with Mexico and the Southern Cone Common Market
(Mercosur) as well as the privatization of the state airline,
telephone company, railroad, electric power company, and oil company.
His successor, Hugo BANZER Suarez has tried to further improve the
country's investment climate with an anticorruption campaign. Growth
slowed in 1999, in part due to tight government budget policies, which
limited needed appropriations for anti-poverty programs, and the
fallout from the Asian financial crisis. Growth should rebound to
perhaps 4% in 2000 given reasonably favorable world commodity prices.

GDP: purchasing power parity - $24.2 billion (1999 est.)

GDP - real growth rate: 2% (1999 est.)

GDP - per capita: purchasing power parity - $3,000 (1999 est.)

GDP - composition by sector:
agriculture: 16.6%
industry: 35.5%
services: 47.9% (1998 est.)

Population below poverty line: 70% (1999 est.)

Household income or consumption by percentage share:
lowest 10%: 2.3%
highest 10%: 31.7% (1990)

Inflation rate (consumer prices): 2.1% (1999 est.)

Labor force: 2.5 million

Labor force - by occupation: agriculture NA%, industry NA%, services
NA%

Unemployment rate: 11.4% (1997) with widespread underemployment

Budget:
revenues: $2.7 billion
expenditures: $2.7 billion including capital expenditures of $NA
(1998)

Industries: mining, smelting, petroleum, food and beverages, tobacco,
handicrafts, clothing

Industrial production growth rate: 4% (1995 est.)

Electricity - production: 2.576 billion kWh (1998)

Electricity - production by source:
fossil fuel: 42.43%
hydro: 55.75%
nuclear: 0%
other: 1.82% (1998)

Electricity - consumption: 2.412 billion kWh (1998)

Electricity - exports: 4 million kWh (1998)

Electricity - imports: 20 million kWh (1998)

Agriculture - products: soybeans, coffee, coca, cotton, corn,
sugarcane, rice, potatoes; timber

Exports: $1.1 billion (f.o.b., 1999 est.)

Exports - commodities: soybeans, natural gas, zinc, gold, wood

Exports - partners: UK 16%, US 12%, Peru 11%, Ar