Matt R
That's #1 Member to you. :)
- Joined
- Jan 5, 2001
- Messages
- 5,988
Tobacco is third among Cuba exports.
Exports:
$1.8 billion f.o.b. (2002 est.)
Exports - commodities:
sugar, nickel, tobacco, fish, medical products, citrus, coffee
Exports - partners:
Netherlands 19.1%, Russia 18.1%, Canada 14.3%, Spain 9.5%, China 7.3% (2002)
Budget:
revenues: $14.9 billion
expenditures: $15.6 billion, including capital expenditures of $NA (2000 est.)
Economy - overview:
The government continues to balance the need for economic loosening against a desire for firm political control. It has undertaken limited reforms in recent years to increase enterprise efficiency and alleviate serious shortages of food, consumer goods, and services but is unlikely to implement extensive changes. A major feature of the economy is the dichotomy between relatively efficient export enclaves and inefficient domestic sectors. The average Cuban's standard of living remains at a lower level than before the severe economic depression of the early 1990s, which was caused by the loss of Soviet aid and domestic inefficiencies. High oil import prices, recessions in key export markets, damage from Hurricanes Isidore and Lili, and the tourist slump after 11 September 2001 hampered growth in 2002.
GDP:
purchasing power parity - $30.69 billion (2002 est.)
GDP - real growth rate:
1.1% (2002 est.)
GDP - per capita:
purchasing power parity - $2,700 (2002 est.)
GDP - composition by sector:
agriculture: 7.6%
industry: 34.5%
services: 57.9% (2000 est.)
Exports:
$1.8 billion f.o.b. (2002 est.)
Exports - commodities:
sugar, nickel, tobacco, fish, medical products, citrus, coffee
Exports - partners:
Netherlands 19.1%, Russia 18.1%, Canada 14.3%, Spain 9.5%, China 7.3% (2002)
Budget:
revenues: $14.9 billion
expenditures: $15.6 billion, including capital expenditures of $NA (2000 est.)
Economy - overview:
The government continues to balance the need for economic loosening against a desire for firm political control. It has undertaken limited reforms in recent years to increase enterprise efficiency and alleviate serious shortages of food, consumer goods, and services but is unlikely to implement extensive changes. A major feature of the economy is the dichotomy between relatively efficient export enclaves and inefficient domestic sectors. The average Cuban's standard of living remains at a lower level than before the severe economic depression of the early 1990s, which was caused by the loss of Soviet aid and domestic inefficiencies. High oil import prices, recessions in key export markets, damage from Hurricanes Isidore and Lili, and the tourist slump after 11 September 2001 hampered growth in 2002.
GDP:
purchasing power parity - $30.69 billion (2002 est.)
GDP - real growth rate:
1.1% (2002 est.)
GDP - per capita:
purchasing power parity - $2,700 (2002 est.)
GDP - composition by sector:
agriculture: 7.6%
industry: 34.5%
services: 57.9% (2000 est.)
