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    Madagascar Econom�a 2000

      Econom�a - descripci�n: Madagascar faces problems of chronic malnutrition, underfunded health and education facilities, a roughly 3% annual population growth rate, and severe loss of forest cover, accompanied by erosion. Agriculture, including fishing and forestry, is the mainstay of the economy, accounting for 34% of GDP and contributing more than 70% to export earnings. Industry features textile manufacturing and the processing of agricultural products. Growth in output in 1992-97 averaged less than the growth rate of the population. Growth has been held back by antigovernment strikes and demonstrations, a decline in world coffee demand, and the erratic commitment of the government to economic reform. Formidable obstacles stand in the way of Madagascar's realizing its considerable growth potential; the extent of government reforms, outside financial aid, and foreign investment will be key determinants. Growth should be in the 5% range in 2000-01.

      Producto Bruto Interno (PBI): purchasing power parity - $11.5 billion (1999 est.)

      PBI - Indice de Incremento real: 4.5% (1999 est.)

      PBI - por capital: purchasing power parity - $780 (1999 est.)

      PBI - Composici�n por Sector:
      agriculture: 34%
      industry: 12%
      services: 54% (1997 est.)

      Poblaci�n bajo linea de pobertad: NA%

      Ingreso en casa o porcentage de consumci�n:
      lowest 10%: 2.3%
      highest 10%: 34.9% (1993)

      Indice de Inflaci�n (precios del consumidor): 9.5% (1999 est.)

      Fuerza Laboral: 7 million (1995)

      Indice de desempleo: NA%

      Presupuesto:
      revenues: $553 million
      expenditures: $735 million, including capital expenditures of $NA (1998 est.)

      Industrias: meat processing, soap, breweries, tanneries, sugar, textiles, glassware, cement, automobile assembly plant, paper, petroleum, tourism

      Industrial production growth rate: 5% (1999 est.)

      Electricidad - Producci�n: 750 million kWh (1998)

      Electricidad - producci�n por fuente:
      fossil fuel: 33.33%
      hydro: 66.67%
      nuclear: 0%
      other: 0% (1998)

      Electricidad - consumci�n: 698 million kWh (1998)

      Electricidad - exportaciones: 0 kWh (1998)

      Electricidad - importaciones: 0 kWh (1998)

      Agricultura - productos: coffee, vanilla, sugarcane, cloves, cocoa, rice, cassava (tapioca), beans, bananas, peanuts; livestock products

      Exportaciones: $600 million (f.o.b., 1998 est.)

      Exporationes - comodidades: coffee 45%, vanilla 20%, cloves, shellfish, sugar, petroleum products (1995 est.)

      Exportaciones - socios: France 40%, US 9%, Germany 8%, Japan 6%, UK 6% (1997)

      Importaciones: $881 million (c.i.f., 1998 est.)

      Importaciones - comodidades: intermediate manufactures 30%, capital goods 28%, petroleum 15%, consumer goods 14%, food 13% (1995 est.)

      Importaciones - socios: France 39%, Hong Kong 5%, Japan 5%, China, Singapore (1997)

      Deuda - externa: $4.1 billion (1997 est.)

      Ayuda economica - recipiente: $838 million (1997)

      Moneda: 1 Malagasy franc (FMG) = 100 centimes

      Indice de intercambio: Malagasy francs (FMG) per US$1 - 6,302.9 (October 1999), 5,877.81 (1999), 5,441.4 (1998), 5,090.9 (1997), 4,061.3 (1996), 4,265.6 (1995)

      A�o Fiscal: calendar year

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