The 2001 CIA World Factbook. United States. Central Intelligence Agency

The 2001 CIA World Factbook - United States. Central Intelligence Agency


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largely on oil, support services, and a government characterized by budget problems and overstaffing. Oil has supplanted forestry as the mainstay of the economy, providing a major share of government revenues and exports. In the early 1980s, rapidly rising oil revenues enabled the government to finance large-scale development projects with GDP growth averaging 5% annually, one of the highest rates in Africa. Moreover, the government has mortgaged a substantial portion of its oil earnings, contributing to the government's shortage of revenues. The 12 January 1994 devaluation of Franc Zone currencies by 50% resulted in inflation of 61% in 1994, but inflation has subsided since. Economic reform efforts continued with the support of international organizations, notably the World Bank and the IMF. The reform program came to a halt in June 1997 when civil war erupted. Denis SASSOU-NGUESSO, who returned to power when the war ended in October 1997, publicly expressed interest in moving forward on economic reforms and privatization and in renewing cooperation with international financial institutions. However, economic progress was badly hurt by slumping oil prices and the resumption of armed conflict in December 1998, which worsened the Republic of the Congo's budget deficit. Even with the IMF's renewed confidence and high world oil prices, Congo is unlikely to realize growth of more than 5% in 2001–02. With the return to fragile peace, the IMF approved a $14 million credit in November 2000 to aid post-conflict reconstruction.

      GDP: purchasing power parity - $3.1 billion (2000 est.)

      GDP - real growth rate: 3.8% (2000 est.)

      GDP - per capita: purchasing power parity - $1,100 (2000 est.)

      GDP - composition by sector: agriculture: 10%

      industry: 48%

      services: 42% (1999 est.)

      Population below poverty line: NA%

      Household income or consumption by percentage share: lowest 10%: NA%

      highest 10%: NA%

      Inflation rate (consumer prices): 3.5% (2000 est.)

      Labor force: NA

      Unemployment rate: NA%

      Budget: revenues: $870 million

      expenditures: $970 million, including capital expenditures of $NA (1997 est.)

      Industries: petroleum extraction, cement kilning, lumbering, brewing, sugar milling, palm oil, soap, flour, cigarette making

      Industrial production growth rate: NA%

      Electricity - production: 302 million kWh (1999)

      Electricity - production by source: fossil fuel: 0.66%

      hydro: 99.34%

      nuclear: 0%

      other: 0% (1999)

      Electricity - consumption: 406.9 million kWh (1999)

      Electricity - exports: 0 kWh (1999)

      Electricity - imports: 126 million kWh (1999)

      Agriculture - products: cassava (tapioca), sugar, rice, corn, peanuts, vegetables, coffee, cocoa; forest products

      Exports: $2.6 billion (f.o.b., 2000)

      Exports - commodities: petroleum 50%, lumber, plywood, sugar, cocoa, coffee, diamonds

      Exports - partners: US 23%, Benelux 14%, Germany, Italy, Taiwan,

       China (1998)

      Imports: $870 million (f.o.b., 2000)

      Imports - commodities: petroleum products, capital equipment, construction materials, foodstuffs

      Imports - partners: France 23%, US 9%, Belgium 8%, UK 7%, Italy (1997 est.)

      Debt - external: $5 billion (1999 est.)

      Economic aid - recipient: $159.1 million (1995)

      Currency: Communaute Financiere Africaine franc (XAF); note - responsible authority is the Bank of the Central African States

      Currency code: XAF

      Exchange rates: Communaute Financiere Africaine francs (XAF) per US dollar - 699.21 (January 2001), 711.98 (2000), 615.70 (1999), 589.95 (1998), 583.67 (1997), 511.55 (1996); note - from 1 January 1999, the XAF is pegged to the euro at a rate of 655.957 XAF per euro

      Fiscal year: calendar year

      Congo, Republic of the Communications

      Telephones - main lines in use: 22,000 (1997)

      Telephones - mobile cellular: 1,000 (1996)

      Telephone system: general assessment: services barely adequate for government use; key exchanges are in Brazzaville, Pointe-Noire, and Loubomo; intercity lines frequently out-of-order

      domestic: primary network consists of microwave radio relay and coaxial cable

      international: satellite earth station - 1 Intelsat (Atlantic Ocean)

      Radio broadcast stations: AM 1, FM 5, shortwave 1 (1999)

      Radios: 341,000 (1997)

      Television broadcast stations: 1 (1999)

      Televisions: 33,000 (1997)

      Internet country code: .cg

      Internet Service Providers (ISPs): 1 (2000)

      Internet users: 500 (2000)

      Congo, Republic of the Transportation

      Railways: total: 894 km

      narrow gauge: 894 km 1.067-m gauge (2000)

      Highways: total: 12,800 km

      paved: 1,242 km

      unpaved: 11,558 km (1996)

      Waterways: 1,120 km

      note: the Congo and Ubangi (Oubangui) rivers provide 1,120 km of commercially navigable water transport; other rivers are used for local traffic only

      Pipelines: crude oil 25 km

      Ports and harbors: Brazzaville, Impfondo, Ouesso, Oyo, Pointe-Noire

      Airports: 33 (2000 est.)

      Airports - with paved runways: total: 4

      over 3,047 m: 1

      1,524 to 2,437 m: 3 (2000 est.)

      Airports - with unpaved runways: total: 29

      1,524 to 2,437 m: 7

      914 to 1,523 m: 12

      under 914 m: 10 (2000 est.)

      Congo, Republic of the Military

      Military branches: Army, Air Force, Navy, Gendarmerie

      Military manpower - military age: 20 years of age

      Military manpower - availability: males age 15–49: 684,922 (2001 est.)

      Military manpower - fit for military service: males age 15–49: 347,946 (2001 est.)

      Military manpower - reaching military age annually: males: 32,350 (2001 est.)

      Military expenditures - dollar figure: $110 million (FY93)

      Military expenditures - percent of GDP: 3.8% (FY93)

      Congo, Republic of the Transnational Issues

      Disputes - international: most of the Congo river boundary with the Democratic Republic of the Congo is indefinite (no agreement has been reached on the division of the river or its islands, except in the Stanley Pool/Pool Malebo area)

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      @Cook Islands

      Cook Islands Introduction

      Background: Named after Captain Cook, who sighted them in 1770, the islands became


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