:Kiribati Economy
Overview:
The country has few national resources. Commercially viable phosphate
deposits were exhausted at the time of independence in 1979. Copra and fish
now represent the bulk of production and exports. The economy has fluctuated
widely in recent years. Real GDP declined about 8% in 1987, as the fish
catch fell sharply to only one-fourth the level of 1986 and copra production
was hampered by repeated rains. Output rebounded strongly in 1988, with real
GDP growing by 17%. The upturn in economic growth came from an increase in
copra production and a good fish catch. Following the strong surge in output
in 1988, GNP increased 1% in both 1989 and 1990.
GDP:
exchange rate conversion - $36.8 million, per capita $525; real growth rate
1.0% (1990 est.)
Inflation rate (consumer prices):
4.0% (1990 est.)
Unemployment rate:
2% (1985); considerable underemployment
Budget:
revenues $29.9 million; expenditures $16.3 million, including capital
expenditures of $14.0 million (1990 est.)
Exports:
$5.8 million (f.o.b., 1990 est.)
commodities:
fish 55%, copra 42%
partners:
EC 20%, Marshall Islands 12%, US 8%, American Samoa 4% (1985)
Imports:
$26.7 million (c.i.f., 1990 est.)
commodities:
foodstuffs, fuel, transportation equipment
partners:
Australia 39%, Japan 21%, NZ 6%, UK 6%, US 3% (1985)
External debt:
$2.0 million (December 1989 est.)
Industrial production:
growth rate 0% (1988 est.); accounts for less than 4% of GDP
Electricity:
5,000 kW capacity; 13 million kWh produced, 190 kWh per capita (1990)
Industries:
fishing, handicrafts
Agriculture:
accounts for 30% of GDP (including fishing); copra and fish contribute about
95% to exports; subsistence farming predominates; food crops - taro,
breadfruit, sweet potatoes, vegetables; not self-sufficient in food
Economic aid:
Western (non-US) countries, ODA and OOF bilateral commitments (1970-89),
$273 million
Currency:
Australian dollar (plural - dollars); 1 Australian dollar ($A) = 100 cents
Exchange rates:
Australian dollars ($A) per US$1 - 1.3177 (March 1992), 1.2835 (1991),
1.2799 (1990), 1.2618 (1989), 1.2752 (1988), 1.4267 (1987), 1.4905 (1986)
Fiscal year:
NA
:Kiribati Communications
Highways:
640 km of motorable roads
Inland waterways:
small network of canals, totaling 5 km, in Line Islands
Ports:
Banaba and Betio (Tarawa)
Civil air:
2 Trislanders; no major transport aircraft
Airports:
21 total; 20 usable; 4 with permanent-surface runways; none with runways
over 2,439 m; 5 with runways 1,220-2,439 m
Telecommunications:
1,400 telephones; broadcast stations - 1 AM, no FM, no TV; 1 Pacific Ocean
INTELSAT earth station
:Kiribati Defense Forces
Branches:
no military force maintained; the Police Force carries out law enforcement
functions and paramilitary duties; there are small police posts on all
islands
Manpower availability:
NA
Defense expenditures:
$NA, NA% of GDP
:Korea, North Geography
Total area:
120,540 km2
Land area:
120,410 km2
Comparative area:
slightly smaller than Mississippi
Land boundaries:
1,673 km; China 1,416 km, South Korea 238 km, Russia 19 km
Coastline:
2,495 km
Maritime claims:
Exclusive economic zone:
200 nm
Military boundary line:
50 nm in the Sea of Japan and the exclusive economic zone limit in the
Yellow Sea (all foreign vessels and aircraft without permission are banned)
Territorial sea:
12 nm
Disputes:
short section of boundary with China is indefinite; Demarcation Line with
South Korea
Climate:
temperate with rainfall concentrated in summer
Terrain:
mostly hills and mountains separated by deep, narrow valleys; coastal plains
wide in west, discontinuous in east
Natural resources:
coal, lead, tungsten, zinc, graphite, magnesite, iron ore, copper, gold,
pyrites, salt, fluorspar, hydropower
Land use:
arable land 18%; permanent crops 1%; meadows and pastures NEGL%; forest and
woodland 74%; other 7%; includes irrigated 9%
Environment:
mountainous interior is isolated, nearly inaccessible, and sparsely
populated; late spring droughts often followed by severe flooding
Note:
strategic location bordering China, South Korea, and Russia
:Korea, North People
Population:
22,227,303 (July 1992), growth rate 1.9% (1992)
Birth rate:
24 births/1,000 population (1992)
Death rate:
6 deaths/1,000 population (1992)
Net migration rate:
0 migrants/1,000 population (1992)
Infant mortality rate:
30 deaths/1,000 live births (1992)
Life expectancy at birth:
66 years male, 72 years female (1992)
Total fertility rate:
2.4 children born/woman (1992)
Nationality:
noun - Korean(s);adjective - Korean
Ethnic divisions:
racially homogeneous
Religions:
Buddhism and Confucianism; some Christianity and syncretic Chondogyo;
autonomous religious activities now almost nonexistent; government-sponsored
religious groups exist to provide illusion of religious freedom
Languages:
Korean
Literacy:
99%, (male 99%, female 99%); note - presumed to be virtually universal among
population under age 60
Labor force:
9,615,000; agricultural 36%, nonagricultural 64%; shortage of skilled and
unskilled labor (mid-1987 est.)
Organized labor:
1,600,000 members; single-trade union system coordinated by the General
Federation of Trade Unions of Korea under the Central Committee