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ility and pursued sober fiscal policies since the Asian financial crisis, but many economic development problems remain, including high unemployment, a fragile banking sector, endemic corruption, inadequate infrastructure, a poor investment climate, and unequal resource distribution among regions. Indonesia became a net oil importer in 2004 due to declining production and lack of new exploration investment. As a result, Jakarta is not reaping the benefits of high world oil prices, and the cost of subsidizing domestic fuel prices has placed an increasing strain on the budget. Keys to future growth remain internal reform, building up the confidence of international and domestic investors, and strong global economic growth. In late December 2004, a major tsunami took nearly 127,000 lives, left more than 93,000 missing and nearly 441,000 displaced, and destroyed $4.5 to $5.0 billion worth of property. GDP (purchasing power parity): $827.4 billion (2004 est.) GDP - real growth rate: 4.9% (2004 est.) GDP - per capita: purchasing power parity - $3,500 (2004 est.) GDP - composition by sector: agriculture: 14.6% industry: 45% services: 40.4% (2004 est.) Labor force: 111.5 million (2004 est.) Labor force - by occupation: agriculture 45%, industry 16%, services 39% (1999 est.) Unemployment rate: 9.2% (2004 est.) Population below poverty line: 27% (1999) Household income or consumption by percentage share: lowest 10%: 4% highest 10%: 26.7% (1999) Distribution of family income - Gini index: 37 (2001) Inflation rate (consumer prices): 6.1% (2004 est.) Investment (gross fixed): 16.6% of GDP (2004 est.) Budget: revenues: $52.13 billion expenditures: $55.88 billion, including capital expenditures of NA (2004 est.) Public debt: 56.2% of GDP (2004 est.) Agriculture - products: rice, cassava (tapioca), peanuts, rubber, cocoa, coffee, palm oil, copra, poultry, beef, pork, eggs Industries: petroleum and natural gas, textiles, apparel, footwear, mining, cement, chemical fertilizers, plywood, rubber, food, tourism Industrial production growth rate: 10.5% (2004 est.) Electricity - production: 110.2 billion kWh (2003) Electricity - production by source: fossil fuel: 86.9% hydro: 10.5% nuclear: 0% other: 2.6% (2001) Electricity - consumption: 92.35 billion kWh (2003) Electricity - exports
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