50 (FY03/04)

Investment (gross fixed):

24.7% of GDP (2007 est.)

Budget:

revenues: $5.384 billion expenditures: $7.608 billion (2007 est.)

Fiscal year:

calendar year

Public debt:

85.8% of GDP (2007 est.)

Inflation rate (consumer prices):

15.8% (2007 est.)

Central bank discount rate:

15% (31 December 2007)

Commercial bank prime lending rate:

17.08% (31 December 2007)

Stock of money:

$2.465 billion (31 December 2007)

Stock of quasi money:

$10.46 billion (31 December 2007)

Stock of domestic credit:

$14.82 billion (31 December 2007)

Agriculture - products:

rice, sugarcane, grains, pulses, oilseed, spices, tea, rubber, coconuts; milk, eggs, hides, beef; fish

Industries:

processing of rubber, tea, coconuts, tobacco and other agricultural commodities; telecommunications, insurance, banking; clothing, textiles; cement, petroleum refining

Industrial production growth rate:

7.6% (2007 est.)

Electricity - production:

8.317 billion kWh (2006 est.)

Electricity - consumption:

6.884 billion kWh (2006 est.)

Electricity - exports:

0 kWh (2007 est.)

Electricity - imports:

0 kWh (2007 est.)

Electricity - production by source:

fossil fuel: 51.7% hydro: 48.3% nuclear: 0% other: 0% (2001)

Oil - production:

0 bbl/day (2005 est.)

Oil - consumption:

86,030 bbl/day (2006 est.)

Oil - exports:

291.9 bbl/day (2005)

Oil - imports:

87,090 bbl/day (2005)

Oil - proved reserves:

0 bbl (1 January 2006 est.)

Natural gas - production:

0 cu m (2007 est.)

Natural gas - consumption:

0 cu m (2007 est.)

Natural gas - exports:

0 cu m (2007 est.)

Natural gas - proved reserves:

0 cu m (1 January 2006 est.)

Current account balance:

-$1.019 billion (2007 est.)

Exports:

$8.135 billion f.o.b. (2007 est.)

Exports - commodities:

textiles and apparel, tea and spices; diamonds, emeralds, rubies; coconut products, rubber manufactures, fish

Exports - partners:

US 25.5%, UK 13.2%, India 6.7%, Germany 5.7%, Italy 5.1% (2007)

Imports:

$10.36 billion f.o.b. (2007 est.)

Imports - commodities:

textile fabrics, mineral products, petroleum, foodstuffs, machinery and transportation equipment

Imports - partners:

India 23.1%, Singapore 9.9%, China 8.2%, Iran 7.5%, Hong Kong 6.4% (2007)

Economic aid - recipient:

$1.189 billion (2005)

Reserves of foreign exchange and gold:

$3.644 billion (31 December 2007 est.)

Debt - external:

$12.2 billion (31 December 2007 est.)

Stock of direct foreign investment - at home: