ubts about whether
the program is adequate underlie forecasts of continued--although
much less severe--GDP contraction for 1999. Signs of spreading unrest
and sectarian violence and concern that social instability will
increase as the 7 June 1999 national election approaches also
contribute to pessimism about the economy, particularly because
foreign investors remain reluctant to begin to increase capital
inflows again. The next government will face the challenge of
establishing a macroeconomic policy framework that addresses
longstanding grievances and inequities underlying much of the
current unrest without hampering an economic recovery.

GDP: purchasing power parity--$602 billion (1998 est.)

GDP--real growth rate: -13.7% (1998 est.)

GDP--per capita: purchasing power parity?$2,830 (1998 est.)

GDP--composition by sector:
agriculture: 18.8%
industry: 40.3%
services: 40.9% (1998 est.)

Population below poverty line: NA%

Household income or consumption by percentage share:
lowest 10%: 3.6%
highest 10%: 28.3% (1995)

Inflation rate (consumer prices): 77% (1998 est.)

Labor force: 87 million (1997 est.)

Labor force--by occupation: agriculture 41%, trade, restaurant,
and hotel 19.8%, manufacturing 14%, construction 4.8%, transport and
communications 4.75%, other 15.65% (1997)

Unemployment rate: 15%-20% (1998 est.)

Budget:
revenues: $35 billion (of which $15 billion is from international
financial institutions)
expenditures: $35 billion, including capital expenditures of $12
billion (FY98/99 est.)

Industries: petroleum and natural gas; textiles, apparel, and
footwear; mining, cement, chemical fertilizers, plywood; rubber;
food; tourism

Industrial production growth rate: -13.7% (1998 est.)

Electricity--production: 66.8 billion kWh (1996)

Electricity--production by source:
fossil fuel: 82.34%
hydro: 14.97%
nuclear: 0%
other: 2.69% (1996)

Electricity--consumption: 66.8 billion kWh (1996)

Electricity--exports: 0 kWh (1996)

Electricity--imports: 0 kWh (1996)

Agriculture--products: rice, cassava (tapioca), peanuts, rubber,
cocoa, coffee, palm oil, copra; poultry, beef, pork, eggs

Exports: $49 billion (f.o.b., 1998 est.)

Exports--commodities: garments 7.9%, textiles 7.3%, gas 6.4%,
electrical appliances 5.9%, pulp and paper 5.3%, oil 4.7%, plywood
4.7%

Exports--partners: Japan 18%, EU 15%, US 14%, Singapore 13%, South