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    Sri Lanka Econom�a 2000

      Econom�a - descripci�n: In 1977, Colombo abandoned statist economic policies and its import substitution trade policy for market-oriented policies and export-oriented trade. Sri Lanka's most dynamic industries now are food processing, textiles and apparel, food and beverages, telecommunications, and insurance and banking. By 1996 plantation crops made up only 20% of exports (compared with 93% in 1970), while textiles and garments accounted for 63%. GDP grew at an annual average rate of 5.5% throughout the 1990s until a drought and a deteriorating security situation lowered growth to 3.8% in 1996. The economy rebounded in 1997-98 with growth of 6.4% and 4.7% - but slowed to 3.7% in 1999. For the next round of reforms, the central bank of Sri Lanka recommends that Colombo expand market mechanisms in nonplantation agriculture, dismantle the government's monopoly on wheat imports, and promote more competition in the financial sector. A continuing cloud over the economy is the fighting between the Sinhalese and the minority Tamils, which has cost 50,000 lives in the past 15 years.

      Producto Bruto Interno (PBI): purchasing power parity - $50.5 billion (1999 est.)

      PBI - Indice de Incremento real: 3.7% (1999 est.)

      PBI - por capital: purchasing power parity - $2,600 (1999 est.)

      PBI - Composici�n por Sector:
      agriculture: 21%
      industry: 19%
      services: 60% (1998)

      Poblaci�n bajo linea de pobertad: 22% (1997 est.)

      Ingreso en casa o porcentage de consumci�n:
      lowest 10%: 1.8%
      highest 10%: 39.7% (1995-96 est.)

      Indice de Inflaci�n (precios del consumidor): 6% (1999 est.)

      Fuerza Laboral: 6.6 million (1998)

      Fuerza Laboral - por ocupaci�n: services 45%, agriculture 38%, industry 17% (1998 est.)

      Indice de desempleo: 9.5% (1998 est.)

      Presupuesto:
      revenues: $2.7 billion
      expenditures: $4.2 billion, including capital expenditures of $1.1 billion (1998 est.)

      Industrias: processing of rubber, tea, coconuts, and other agricultural commodities; clothing, cement, petroleum refining, textiles, tobacco

      Industrial production growth rate: 6.3% (1998)

      Electricidad - Producci�n: 5.505 billion kWh (1998)

      Electricidad - producci�n por fuente:
      fossil fuel: 30.97%
      hydro: 69.03%
      nuclear: 0%
      other: 0% (1998)

      Electricidad - consumci�n: 5.12 billion kWh (1998)

      Electricidad - exportaciones: 0 kWh (1998)

      Electricidad - importaciones: 0 kWh (1998)

      Agricultura - productos: rice, sugarcane, grains, pulses, oilseed, spices, tea, rubber, coconuts; milk, eggs, hides, beef

      Exportaciones: $4.7 billion (f.o.b., 1998)

      Exporationes - comodidades: textiles and apparel, tea, diamonds, coconut products, petroleum products (1998)

      Exportaciones - socios: US 40%, UK 11%, Middle East 9%, Germany 5%, Japan 4% (1998)

      Importaciones: $5.3 billion (f.o.b., 1998)

      Importaciones - comodidades: machinery and equipment, textiles, petroleum, foodstuffs (1998)

      Importaciones - socios: India 10%, Japan 10%, South Korea 8%, Hong Kong 7%, Taiwan 6% (1998)

      Deuda - externa: $8.4 billion (1998)

      Ayuda economica - recipiente: $577 million (1998)

      Moneda: 1 Sri Lankan rupee (SLRe) = 100 cents

      Indice de intercambio: Sri Lankan rupees (SLRe) per US$1 - 72.364 (January 2000), 70.402 (1999), 64.593 (1998), 58.995 (1997), 55.271 (1996), 51.252 (1995)

      A�o Fiscal: calendar year

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


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