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Paraguay Economy
GDP:
purchasing power parity - $28.17 billion (2003 est.)
GDP - real growth rate:
1.8% (2003 est.)
GDP - per capita:
purchasing power parity - $4,700 (2003 est.)
GDP - composition by sector:
agriculture: 24.8%
industry: 23.7%
services: 51.4% (2003 est.)
Investment (gross fixed):
17.2% of GDP (2003)
Population below poverty line:
36% (2001 est.)
Household income or consumption by percentage share:
lowest 10%: 0.5%
highest 10%: 43.8% (1998)
Distribution of family income - Gini index:
57.7 (1998)
Inflation rate (consumer prices):
14.2% (2003 est.)
Labor force:
2.15 million (2003 est.)
Labor force - by occupation:
agriculture 45%
Unemployment rate:
18.5% (2003 est.)
Budget:
revenues: $937.8 million
expenditures: $988.4 million, including capital expenditures of $700 million (2003 est.)
Public debt:
45.1% of GDP (2003)
Industries:
sugar, cement, textiles, beverages, wood products, steel, metallurgic, electric power
Industrial production growth rate:
0% (2000 est.)
Electricity - production:
44.89 billion kWh (2001)
Electricity - production by source:
fossil fuel: 0%
hydro: 99.9%
other: 0.1% (2001)
nuclear: 0%
Electricity - consumption:
2.637 billion kWh (2001)
Electricity - exports:
39.11 billion kWh (2001)
Electricity - imports:
0 kWh (2001)
Oil - production:
0 bbl/day (2001 est.)
Oil - consumption:
25,000 bbl/day (2001 est.)
Oil - exports:
NA (2001)
Oil - imports:
NA (2001)
Agriculture - products:
cotton, sugarcane, soybeans, corn, wheat, tobacco, cassava (tapioca), fruits, vegetables; beef, pork, eggs, milk; timber
Current account balance:
$146 million (2003)
Exports:
$2.727 billion f.o.b. (2003 est.)
Exports - commodities:
soybeans, feed, cotton, meat, edible oils, electricity, wood, leather
Exports - partners:
Brazil 28.6%, Argentina 17.3%, Italy 5.2%, Germany 4.3%, Netherlands 4.1% (2003 est.)
Imports:
$2.77 billion f.o.b. (2003 est.)
Imports - commodities:
road vehicles, consumer goods, tobacco, petroleum products, electrical machinery
Imports - partners:
Brazil 31.5%, US 21%, Argentina 17.7%, China 5.4%, Hong Kong 4.7%, Uruguay 4.7% (2003 est.)
Reserves of foreign exchange & gold:
$982 million (2003)
Debt - external:
$2.96 billion (2003 est.)
Economic aid - recipient:
NA (2001)
Currency:
guarani (PYG)
Currency code:
PYG
Exchange rates:
guarani per US dollar - 6,424.34 (2003), 5,716.26 (2002), 4,105.92 (2001), 3,486.35 (2000), 3,119.07 (1999)
Fiscal year:
calendar year
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