GDP:
purchasing power parity - $240 million (1997 est.)
note:
GDP is supplemented by grant aid, averaging perhaps $100 million annually
GDP - real growth rate: 3% (1997 est.)
GDP - per capita: purchasing power parity - $2,000 (1997 est.)
GDP - composition by sector:
agriculture:
19%
industry:
4%
services:
77% (1996 est.)
Population below poverty line: NA%
Household income or consumption by percentage share:
lowest 10%:
NA%
highest 10%:
NA%
Inflation rate (consumer prices): 4% (1996 est.)
Labor force: NA
Labor force - by occupation: two-thirds are government employees
Unemployment rate: 27% (1989)
Budget:
revenues:
$58 million
expenditures:
$52 million, including capital expenditures of $4.7 million (FY95/96 est.)
Industries: tourism, construction, fish processing, craft items from shell, wood, and pearls
Industrial production growth rate: NA%
Electricity - production: NA kWh
Electricity - production by source:
fossil fuel:
NA%
hydro:
NA%
nuclear:
NA%
other:
NA%
Electricity - consumption: NA kWh
Electricity - exports: NA kWh
Electricity - imports: NA kWh
Agriculture - products: black pepper, tropical fruits and vegetables, coconuts, cassava (tapioca), sweet potatoes; pigs, chickens
Exports: $73 million (f.o.b., 1996 est.)
Exports - commodities: fish, garments, bananas, black pepper
Exports - partners: Japan, US, Guam
Imports: $168 million (c.i.f., 1996 est.)
Imports - commodities: food, manufactured goods, machinery and equipment, beverages
Imports - partners: US, Japan, Australia
Debt - external: $111 million (1997 est.)
Economic aid - recipient: $79 million (1998); note - under terms of the Compact of Free Association, the US will provide $1.3 billion in grant aid during the period 1986-2001
Currency: 1 United States dollar (US$) = 100 cents
Exchange rates: US currency is used
Fiscal year: 1 October - 30 September