_#_Flag: three horizontal bands of blue (top), red (triple width), and blue; the red band is edged in yellow; centered in the red band is a large black and white shield covering two spears and a staff decorated with feather tassels, all placed horizontally

_*Economy #_Overview: The economy is based on subsistence agriculture, which occupies much of the labor force and contributes about 23% to GDP. Manufacturing, which includes a number of agroprocessing factories, accounts for another 26% of GDP. Mining has declined in importance in recent years; high-grade iron ore deposits were depleted in 1978, and health concerns cut world demand for asbestos. Exports of sugar and forestry products are the main earners of hard currency. Surrounded by South Africa, except for a short border with Mozambique, Swaziland is heavily dependent on South Africa, from which it receives 92% of its imports and to which it sends about 40% of its exports.

_#_GNP: $563 million, per capita $670; real growth rate 5.0% (1990 est.)

_#_Inflation rate (consumer prices): 13% (1990)

_#_Unemployment rate: NA%

_#_Budget: revenues $322.9 million; expenditures $325.5 million, including capital expenditures of $NA (FY92 est.)

_#_Exports: $543 million (f.o.b., 1990);

commodities—soft drink concentrates, sugar, wood pulp, citrus, canned fruit;

partners—South Africa 40% (est.), EC, Canada

_#_Imports: $651 million (f.o.b., 1990);