The 2004 CIA World Factbook. United States. Central Intelligence Agency

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СКАЧАТЬ telephone: [1] (202) 347–3950

      Diplomatic representation from the US:

       the US Embassy suspended operations on 14 June 1998 in the midst of

       violent conflict between forces loyal to then President VIEIRA and

       military-led junta; US embassy Dakar is responsible for covering

       Guinea-Bissau: telephone - [221] 823–4296; FAX - [221] 822–5903

      Flag description:

       two equal horizontal bands of yellow (top) and green with a

       vertical red band on the hoist side; there is a black five-pointed

       star centered in the red band; uses the popular pan-African colors

       of Ethiopia

      Economy Guinea-Bissau

      Economy - overview:

       One of the 10 poorest countries in the world, Guinea-Bissau depends

       mainly on farming and fishing. Cashew crops have increased

       remarkably in recent years, and the country now ranks sixth in

       cashew production. Guinea-Bissau exports fish and seafood along with

       small amounts of peanuts, palm kernels, and timber. Rice is the

       major crop and staple food. However, intermittent fighting between

       Senegalese-backed government troops and a military junta destroyed

       much of the country's infrastructure and caused widespread damage to

       the economy in 1998; the civil war led to a 28% drop in GDP that

       year, with partial recovery in 1999–2002. Before the war, trade

       reform and price liberalization were the most successful part of the

       country's structural adjustment program under IMF sponsorship. The

       tightening of monetary policy and the development of the private

       sector had also begun to reinvigorate the economy. Because of high

       costs, the development of petroleum, phosphate, and other mineral

       resources is not a near-term prospect. However, unexploited offshore

       oil reserves could provide much-needed revenue in the long run. The

       inequality of income distribution is one of the most extreme in the

       world. The government and international donors continue to work out

       plans to forward economic development from a lamentably low base.

       Government drift and indecision, however, have resulted in low

       growth in 2002–03 and dim prospects for 2004.

      GDP:

       purchasing power parity - $1.063 billion (2003 est.)

      GDP - real growth rate:

       −7% (2003 est.)

      GDP - per capita:

       purchasing power parity - $800 (2003 est.)

      GDP - composition by sector: agriculture: 62% industry: 12% services: 26% (1999 est.)

      Population below poverty line:

       NA

      Household income or consumption by percentage share: lowest 10%: 0.5% highest 10%: 42.4% (1991)

      Inflation rate (consumer prices):

       4% (2002 est.)

      Labor force:

       480,000 (1999)

      Labor force - by occupation:

       agriculture 82% (2000 est.)

      Unemployment rate:

       NA (1998)

      Budget:

       revenues: NA

       expenditures: NA, including capital expenditures of NA

      Agriculture - products:

       rice, corn, beans, cassava (tapioca), cashew nuts, peanuts, palm

       kernels, cotton; timber; fish

      Industries:

       agricultural products processing, beer, soft drinks

      Industrial production growth rate:

       2.6% (1997 est.)

      Electricity - production:

       55 million kWh (2001)

      Electricity - consumption:

       51.15 million kWh (2001)

      Electricity - exports:

       0 kWh (2001)

      Electricity - imports:

       0 kWh (2001)

      Oil - production:

       0 bbl/day (2001 est.)

      Oil - consumption:

       2,500 bbl/day (2001 est.)

      Oil - exports:

       NA (2001)

      Oil - imports:

       NA (2001)

      Exports:

       $54 million f.o.b. (2002 est.)

      Exports - commodities:

       cashew nuts, shrimp, peanuts, palm kernels, sawn lumber

      Exports - partners:

       India 76.8%, Nigeria 12.1%, Italy 5.1% (2003)

      Imports:

       $104 million f.o.b. (2002 est.)

      Imports - commodities:

       foodstuffs, machinery and transport equipment, petroleum products

      Imports - partners:

       Senegal 18.1%, India 14.6%, Portugal 14.6%, China 9.7%, Italy 9%,

       Spain 4.9% (2003)

      Debt - external:

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