rowing tourist industry are the major sources of foreign
exchange. Sugar processing makes up one-third of industrial activity.
Roughly 300,000 tourists visit each year, including thousands of
Americans following the start of regularly scheduled non-stop air
service from Los Angeles. Fiji's growth slowed in 1997 because the
sugar industry suffered from low world prices and rent disputes
between farmers and landowners. Drought in 1998 further damaged the
sugar industry, but its recovery in 1999 contributed to robust GDP
growth. Long-term problems include low investment and uncertain
property rights.
GDP: purchasing power parity - $5.9 billion (1999 est.)
GDP - real growth rate: 7.8% (1999 est.)
GDP - per capita: purchasing power parity - $7,300 (1999 est.)
GDP - composition by sector:
agriculture: 16.5%
industry: 25.5%
services: 58% (1998 est.)
Population below poverty line: NA%
Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices): 0% (1999 est.)
Labor force: 235,000
Labor force - by occupation: subsistence agriculture 67%, wage earners
18%, salary earners 15% (1987)
Unemployment rate: 6% (1997 est.)
Budget:
revenues: $540.65 million
expenditures: $742.65 million, including capital expenditures of $NA
(1997 est.)
Industries: tourism, sugar, clothing, copra, gold, silver, lumber,
small cottage industries
Industrial production growth rate: 2.9% (1995)
Electricity - production: 550 million kWh (1998)
Electricity - production by source:
fossil fuel: 20%
hydro: 80%
nuclear: 0%
other: 0% (1998)
Electricity - consumption: 512 million kWh (1998)
Electricity - exports: 0 kWh (1998)
Electricity - imports: 0 kWh (1998)
Agriculture - products: sugarcane, coconuts, cassava (tapioca), rice,
sweet potatoes, bananas; cattle, pigs, horses, goats; fish
Exports: $393 million (f.o.b., 1998)
Exports - commodities: sugar 32%, clothing, gold, processed fish,
lumber
Exports - partners: Australia 34%, UK 18%, other Pacific island
countries 11%, US 11%, NZ 5%, Japan 5% (1997)
Imports: $612 million (f.o.b., 1998)
Imports - commodities: machinery and transport equipment, petroleum
products, food, chemicals
Imports - partners: Australia 45%, NZ 15%, Japan 7%, US 5%, Singapore
4% (1997)
Debt - external: $213 million (1997)
Economic aid - recipient: $40.3 million (1995)
Currency: 1 Fijian dollar (F$) = 100 cents
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