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    Kiribati Econom�a 2000

      Econom�a - descripci�n: A remote country of 33 scattered coral atolls, Kiribati has few national resources. Commercially viable phosphate deposits were exhausted at the time of independence from the UK in 1979. Copra and fish now represent the bulk of production and exports. The economy has fluctuated widely in recent years. Economic development is constrained by a shortage of skilled workers, weak infrastructure, and remoteness from international markets. Tourism provides more than one-fifth of GDP. The financial sector is at an early stage of development as is the expansion of private sector initiatives. Foreign financial aid, largely from the UK and Japan, is a critical supplement to GDP, equal to 25%-50% of GDP in recent years. Remittances from workers abroad account for more than $5 million each year.

      Producto Bruto Interno (PBI): purchasing power parity - $74 million (1999 est.), supplemented by a nearly equal amount from external sources

      PBI - Indice de Incremento real: 2.5% (1999 est.)

      PBI - por capital: purchasing power parity - $860 (1999 est.)

      PBI - Composici�n por Sector:
      agriculture: 14%
      industry: 7%
      services: 79% (1996 est.)

      Poblaci�n bajo linea de pobertad: NA%

      Ingreso en casa o porcentage de consumci�n:
      lowest 10%: NA%
      highest 10%: NA%

      Indice de Inflaci�n (precios del consumidor): 2% (1999 est.)

      Fuerza Laboral: 7,870 economically active, not including subsistence farmers (1985 est.)

      Indice de desempleo: 2%; underemployment 70% (1992 est.)

      Presupuesto:
      revenues: $33.3 million
      expenditures: $47.7 million, including capital expenditures of $NA million (1996 est.)

      Industrias: fishing, handicrafts

      Industrial production growth rate: 0.7% (1992 est.)

      Electricidad - Producci�n: 7 million kWh (1998)

      Electricidad - producci�n por fuente:
      fossil fuel: 100%
      hydro: 0%
      nuclear: 0%
      other: 0% (1998)

      Electricidad - consumci�n: 7 million kWh (1998)

      Electricidad - exportaciones: 0 kWh (1998)

      Electricidad - importaciones: 0 kWh (1998)

      Agricultura - productos: copra, taro, breadfruit, sweet potatoes, vegetables; fish

      Exportaciones: $6 million (f.o.b., 1998)

      Exporationes - comodidades: copra 62%, seaweed, fish

      Exportaciones - socios: US, Australia, NZ (1996)

      Importaciones: $37 million (c.i.f., 1998)

      Importaciones - comodidades: foodstuffs, machinery and equipment, miscellaneous manufactured goods, fuel

      Importaciones - socios: Australia 46%, Fiji, Japan, NZ, US (1996)

      Deuda - externa: $7.2 million (1996 est.)

      Ayuda economica - recipiente: $15.5 million (1995), largely from UK and Japan

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

      Indice de intercambio: 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)

      A�o Fiscal: NA

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    Revisto 01-Nov-00
    Copyright © 2000 Photius Coutsoukis (all rights reserved)


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