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

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


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food. Industry has been greatly overstaffed, one reflection of the

       socialist economic structure of Yugoslavia. TITO had pushed the

       development of military industries in the republic with the result

       that Bosnia hosted a number of Yugoslavia's defense plants. The

       interethnic warfare in Bosnia caused production to plummet by 80%

       from 1992 to 1995 and unemployment to soar. With an uneasy peace in

       place, output recovered in 1996–99 at high percentage rates from a

       low base; but output growth slowed in 2000–02. Part of the lag in

       output was made up in 2003–04. National-level statistics are

       limited. Moreover, official data do not capture the large share of

       black market activity. The konvertibilna marka (convertible mark or

       BAM)- the national currency introduced in 1998 - is now pegged to

       the euro, and the Central Bank of Bosnia and Herzegovina has

       dramatically increased its reserve holdings. Implementation of

       privatization, however, has been slow, and local entities only

       reluctantly support national-level institutions. Banking reform

       accelerated in 2001 as all the Communist-era payments bureaus were

       shut down. The country receives substantial amounts of

       reconstruction assistance and humanitarian aid from the

       international community but will have to prepare for an era of

       declining assistance.

      GDP:

       purchasing power parity - $24.31 billion (2003 est.)

      GDP - real growth rate:

       3.5% (2003 est.)

      GDP - per capita:

       purchasing power parity - $6,100 (2003 est.)

      GDP - composition by sector: agriculture: 13% industry: 40.9% services: 46.1% (2001 est.)

      Population below poverty line:

       NA (2004 est.)

      Household income or consumption by percentage share:

       lowest 10%: NA

       highest 10%: NA

      Inflation rate (consumer prices):

       0.9% (2003 est.)

      Labor force:

       1.026 million (2001)

      Labor force - by occupation:

       agriculture NA, industry NA, services NA

      Unemployment rate:

       40% (2002 est.)

      Budget:

       revenues: $3.271 billion

       expenditures: $3.242 billion, including capital expenditures of NA

       (2003 est.)

      Agriculture - products:

       wheat, corn, fruits, vegetables; livestock

      Industries:

       steel, coal, iron ore, lead, zinc, manganese, bauxite, vehicle

       assembly, textiles, tobacco products, wooden furniture, tank and

       aircraft assembly, domestic appliances, oil refining (2001)

      Industrial production growth rate:

       5.5% (2003 est.)

      Electricity - production:

       9.979 billion kWh (2001)

      Electricity - consumption:

       8.116 billion kWh (2001)

      Electricity - exports:

       2.569 billion kWh (2001)

      Electricity - imports:

       1.405 billion kWh (2001)

      Oil - production:

       0 bbl/day (2001 est.)

      Oil - consumption:

       20,000 bbl/day (2001 est.)

      Oil - exports:

       NA (2001)

      Oil - imports:

       NA (2001)

      Natural gas - production:

       0 cu m (2001 est.)

      Natural gas - consumption:

       300 million cu m (2001 est.)

      Natural gas - exports:

       0 cu m (2001 est.)

      Natural gas - imports:

       300 million cu m (2001 est.)

      Current account balance:

       $-2.195 billion (2003)

      Exports:

       $1.28 billion f.o.b. (2003 est.)

      Exports - commodities:

       metals, clothing, wood products

      Exports - partners:

       Italy 28.7%, Croatia 18.3%, Germany 17.1%, Austria 9.2%, Slovenia

       7.1% (2003)

      Imports:

       $4.7 billion f.o.b. (2003 est.)

      Imports - commodities:

       machinery and equipment, chemicals, fuels, foodstuffs

      Imports - partners:

       Croatia 24.5%, Slovenia 14.7%, Germany 13.7%, Italy 12.2%, Hungary

       7.8%, Austria 6.7% (2003)

      Reserves of foreign exchange & gold:

       $1.796 billion (2003)

      Debt - external:

       $3.5 billion (2003)

      Economic aid - recipient:

       $650 million (2001 est.)

      Currency:

       marka (BAM)

      Currency code:

       BAM

      Exchange rates:

       marka per US dollar - 1.7329 (2003), 1.7329 (2002), 2.1857 (2001),

       2.1244 (2000), 1.8371 (1999)

      Fiscal year:

       calendar year

      Communications Bosnia and Herzegovina

      Telephones - main lines in use:

       938,000 (2003)

      Telephones - mobile cellular:

       1.05 million (2003)

      Telephone system:

       general assessment: telephone and telegraph network needs

       modernization and expansion; many urban areas are below average as

       contrasted with services in other former Yugoslav republics

       domestic: NA

       international: country code - 387; no satellite earth stations

      Radio broadcast stations:

       AM 8, FM 16, shortwave 1 (1998)

      Radios:

       940,000 (1997)

      Television broadcast stations:

       33 (plus 277 repeaters) (September 1995)

      Televisions:

       NA

      Internet country code:

       .ba

      Internet


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