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    Namibia Econom�a 2000

      Econom�a - descripci�n: The economy is heavily dependent on the extraction and processing of minerals for export. Mining accounts for 20% of GDP. Namibia is the fourth-largest exporter of nonfuel minerals in Africa and the world's fifth-largest producer of uranium. Rich alluvial diamond deposits make Namibia a primary source for gem-quality diamonds. Namibia also produces large quantities of lead, zinc, tin, silver, and tungsten. Half of the population depends on agriculture (largely subsistence agriculture) for its livelihood. Namibia must import some of its food. Although per capita GDP is four times the per capita GDP of Africa's poorer countries, the majority of Namibia's people live in pronounced poverty because of large-scale unemployment, the great inequality of income distribution, and the large amount of wealth going to foreigners. The Namibian economy has close links to South Africa. GDP growth should improve in 2000-01, because of gains in the diamond and fish sectors. Agreement has been reached on the privatization of several more enterprises in coming years, which should stimulate long-run foreign investment.

      Producto Bruto Interno (PBI): purchasing power parity - $7.1 billion (1999 est.)

      PBI - Indice de Incremento real: 3% (1999 est.)

      PBI - por capital: purchasing power parity - $4,300 (1999 est.)

      PBI - Composici�n por Sector:
      agriculture: 12%
      industry: 30%
      services: 58% (1998 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): 8.5% (1999)

      Fuerza Laboral: 500,000

      Fuerza Laboral - por ocupaci�n: agriculture 47%, industry 25%, services 28% (1999 est.)

      Indice de desempleo: 30% to 40%, including underemployment (1997 est.)

      Presupuesto:
      revenues: $883 million
      expenditures: $950 million, including capital expenditures of $NA (1998)

      Industrias: meat packing, fish processing, dairy products; mining (diamond, lead, zinc, tin, silver, tungsten, uranium, copper)

      Industrial production growth rate: 10% (1994)

      Electricidad - Producci�n: 1.198 billion kWh (1999)

      Electricidad - producci�n por fuente:
      fossil fuel: 2%
      hydro: 98%
      nuclear: 0%
      other: 0% (1999)

      Electricidad - consumci�n: 1.81 billion kWh (1999)

      Electricidad - exportaciones: 56 million kWh (1999)

      Electricidad - importaciones: 890 million kWh (1999)
      note: imports electricity from South Africa

      Agricultura - productos: millet, sorghum, peanuts; livestock; fish

      Exportaciones: $1.4 billion (f.o.b., 1999 est.)

      Exporationes - comodidades: diamonds, copper, gold, zinc, lead, uranium; cattle, processed fish, karakul skins

      Exportaciones - socios: UK 43%, South Africa 26%, Spain 14%, France 8%, Japan (1998 est.)

      Importaciones: $1.5 billion (f.o.b., 1999 est.)

      Importaciones - comodidades: foodstuffs; petroleum products and fuel, machinery and equipment, chemicals

      Importaciones - socios: South Africa 84%, Germany, US, Japan (1995 est.)

      Deuda - externa: $159 million (1999 est.)

      Ayuda economica - recipiente: $127 million (1998)

      Moneda: 1 Namibian dollar (N$) = 100 cents

      Indice de intercambio: Namibian dollars (N$) per US$1 - 6.12439 (January 2000), 6.10948 (1999), 5.52828 (1998), 4.60796 (1997), 4.29935 (1996), 3.62709 (1995)

      A�o Fiscal: 1 April - 31 March

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


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