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due to the Asian financial difficulties have caused GDP to fall in 1996-98. GDP: purchasing power parity--$91 million (1998 est.) GDP--real growth rate: -5% (1998 est.) GDP--per capita: purchasing power parity?$1,450 (1998 est.) GDP--composition by sector: agriculture: 15% industry: 13% services: 72% (1995) Population below poverty line: NA% Household income or consumption by percentage share: lowest 10%: NA% highest 10%: NA% Inflation rate (consumer prices): 5% (1997) Labor force: NA Labor force--by occupation: NA Unemployment rate: 16% (1991 est.) Budget: revenues: $80.1 million expenditures: $77.4 million, including capital expenditures of $19.5 million (FY95/96 est.) Industries: copra, fish, tourism, craft items from shell, wood, and pearls, offshore banking (embryonic) Industrial production growth rate: NA% Electricity--production: 57 million kWh (1994) Electricity--production by source: fossil fuel: NA% hydro: NA% nuclear: NA% other: NA% Electricity--consumption: 57 million kWh (1994) Electricity--exports: 0 kWh (1994) Electricity--imports: 0 kWh (1994) Agriculture--products: coconuts, cacao, taro, breadfruit, fruits; pigs, chickens Exports: $17.5 million (f.o.b., 1996 est.) Exports--commodities: fish, coconut oil, fish, trochus shells Exports--partners: US, Japan, Australia Imports: $71.8 million (c.i.f., 1996 est.) Imports--commodities: foodstuffs, machinery and equipment, fuels, beverages and tobacco Imports--partners: US, Japan, Australia, NZ Debt--external: $125 million (FY96/97 est.) Economic aid--recipient: $NA; note?approximately $65 million annually from the US Currency: 1 United States dollar (US$) = 100 cents Exchange rates: US currency is used Fiscal year: 1 October--30 September Communications Telephones: 2,000 (1997 est.) Telephone system: telex services domestic: Majuro Atoll and Ebeye and Kwajalein islands have regular, seven-digit, direct-dial telephones; other islands interconnected by shortwave radiotelephone (used mostly for government purposes) international: satellite earth stations--2 Intelsat (Pacific Ocean); US Government satellite communications system on Kwajalein Radio broadcast stations: AM 1, FM 2, shortwave 1 Radios: NA Television broadcast stations: 3 (of which one is an independent station and two are US military stations) (1997) Tel
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