y nomadic herders.
Scanty rainfall limits crop production to fruits and vegetables, and
most food must be imported. Djibouti provides services as both a
transit port for the region and an international transshipment and
refueling center. It has few natural resources and little industry.
The nation is, therefore, heavily dependent on foreign assistance to
help support its balance of payments and to finance development
projects. An unemployment rate of 40% to 50% continues to be a major
problem. Inflation is not a concern, however, because of the fixed
tie of the franc to the US dollar. Per capita consumption dropped an
estimated 35% over the last seven years because of recession, civil
war, and a high population growth rate (including immigrants and
refugees). Faced with a multitude of economic difficulties, the
government has fallen in arrears on long-term external debt and has
been struggling to meet the stipulations of foreign aid donors. The
year 2001 will see only small growth as port activity should
decrease now that Ethiopia has more trade route options.

GDP: purchasing power parity - $574 million (2000 est.)

GDP - real growth rate: 2% (2000 est.)

GDP - per capita: purchasing power parity - $1,300 (2000 est.)

GDP - composition by sector: agriculture: 3%

industry: 22%

services: 75% (1998 est.)

Population below poverty line: NA%

Household income or consumption by percentage share: lowest 10%: NA%

highest 10%: NA%

Inflation rate (consumer prices): 2% (2000 est.)

Labor force: 282,000

Labor force - by occupation: agriculture 75%, industry 11%, services
14% (1991 est.)

Unemployment rate: 50% (2000 est.)

Budget: revenues: $133 million

expenditures: $187 million, including capital expenditures of $NA
(1999 est.)

Industries: limited to a few small-scale enterprises, such as dairy
products and mineral-water bottling

Industrial production growth rate: 3% (1996 est.)

Electricity - production: 180 million kWh (1999)

Electricity - production by source: fossil fuel: 100%

hydro: 0%

nuclear: 0%

other: 0% (1999)

Electricity - consumption: 167.4 million kWh (1999)

Electricity - exports: 0 kWh (1999)

Electricity - imports: 0 kWh (1999)

Agriculture - products: fruits, vegetables; goats, sheep, camels

Exports: $260 million (f.o.b., 1999 est.)

Exports - commodities: reexports, hides and skins, coffee (in
transit)

Exports - partners: Somalia 53%, Yemen 23%,