any, railroad, electric power company, and oil
company. Hugo BANZER Suarez has tried to further improve the
country's investment climate with an anticorruption campaign. With
the scheduled completion of a $2 billion natural gas pipeline to
Brazil in 1999, Bolivia hopes to become an energy hub in the region.
GDP: purchasing power parity--$23.4 billion (1998 est.)
GDP--real growth rate: 4.7% (1998 est.)
GDP--per capita: purchasing power parity?$3,000 (1998 est.)
GDP--composition by sector:
agriculture: 17%
industry: 26%
services: 57% (1995 est.)
Population below poverty line: 66%
Household income or consumption by percentage share:
lowest 10%: 2.3%
highest 10%: 31.7% (1990)
Inflation rate (consumer prices): 4.4% (1998 est.)
Labor force: 2.5 million
Labor force--by occupation: agriculture NA%, services and
utilities NA%, manufacturing, mining and construction NA%
Unemployment rate: 11.4% (1997) with widespread underemployment
Budget:
revenues: $2.7 billion
expenditures: $2.7 billion (1998)
Industries: mining, smelting, petroleum, food and beverages,
tobacco, handicrafts, clothing
Industrial production growth rate: 4% (1995 est.)
Electricity--production: 2.95 billion kWh (1996)
Electricity--production by source:
fossil fuel: 40.68%
hydro: 59.32%
nuclear: 0%
other: 0% (1996)
Electricity--consumption: 2.948 billion kWh (1996)
Electricity--exports: 2 million kWh (1996)
Electricity--imports: 0 kWh (1996)
Agriculture--products: soybeans, coffee, coca, cotton, corn,
sugarcane, rice, potatoes; timber
Exports: $1.1 billion (f.o.b., 1998 est.)
Exports--commodities: metals 34%, natural gas 9.4%, soybeans 8.4%,
jewelry 11%, wood 6.9%
Exports--partners: US 22%, UK 9.3%, Colombia 8.7%, Peru 7.4%,
Argentina 7.2%
Imports: $1.7 billion (c.i.f. 1998)
Imports--commodities: capital goods 48%, chemicals 11%, petroleum
5%, food 5% (1993 est.)
Imports--partners: US 20%, Japan 13%, Brazil 12, Chile 7.5% (1996)
Debt--external: $4.1 billion (1998)
Economic aid--recipient: $588 million (1997)
Currency: 1 boliviano ($B) = 100 centavos
Exchange rates: bolivianos ($B) per US$1--5.6491 (January 1999),
5.5101 (1998), 5.2543 (1997), 5.0746 (1996), 4.8003 (1995), 4.6205
(1994)
Fiscal year: calendar year
Communications
Telephones: 144,300 (1987 est.)
Telephone system: new subscribers face bureaucratic difficulties;
mo
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