, INTELSAT,
INTERPOL, IOC, IOM, ISO, ITU, NAM, OAS (observer), UN, UNCTAD,
UNESCO, UNIDO, UPU, WCL, WFTU, WHO, WIPO, WMO, WTO
_#_Diplomatic representation: Ambassador Michael E. SHERIFIS;
Chancery at 2211 R Street NW, Washington DC 20008; telephone (202)
462-5772; there is a Cypriot Consulate General in New York;
US--Ambassador Robert E. LAMB; Embassy at the corner of Therissos
Street and Dositheos Street, Nicosia (mailing address is FPO New York
09530); telephone [357] (2) 4651511
_#_Flag: white with a copper-colored silhouette of the island (the
name Cyprus is derived from the Greek word for copper) above two green
crossed olive branches in the center of the flag; the branches symbolize
the hope for peace and reconciliation between the Greek and Turkish
communities
_*_Economy
_#_Overview: These data are for the area controlled by the Republic of
Cyprus (information on the northern Turkish-Cypriot area is sparse).
The economy is small, diversified, and prosperous. Industry contributes
about 25% to GDP and employs 35% of the labor force, while the service
sector contributes about 55% to GDP and employs 40% of the labor force.
Rapid growth in exports of agricultural and manufactured products
and in tourism have played important roles in the average 6% rise in GDP
in recent years.
_#_GDP: $5.4 billion, per capita $7,960; real growth rate 5.5%
(1990)
_#_Inflation rate (consumer prices): 4.5% (1990)
_#_Unemployment rate: below 2% (1990)
_#_Budget: revenues $1.2 billion; expenditures $1.4 billion, including
capital expenditures of $178 million (1989 est.)
_#_Exports: $770 million (f.o.b., 1990);
commodities--citrus, potatoes, grapes, wine, cement, clothing and
shoes;
partners--UK 23%, Greece 10%, Lebanon 9%, Saudi Arabia 4%
_#_Imports: $2.5 billion (f.o.b., 1990);
commodities--consumer goods, petroleum and lubricants, food and
feed grains, machinery;
partners--France 12%, UK 11%, Japan 11%, Italy 10%
_#_External debt: $2.2 billion (1990)
_#_Industrial production: growth rate 6.5% (1988); accounts for
27% of GDP
_#_Electricity: 620,000 kW capacity; 1,770 million kWh produced,
2,530 kWh per capita (1989)
_#_Industries: food, beverages, textiles, chemicals, metal products,
tourism, wood products
_#_Agriculture: accounts for 7% of GDP and employs 22% of labor force;
major crops--potatoes, vegetables, barley, grapes, olives, and citrus
fruits; vegetables a
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