|Budget: Income .............. $261 million
Expenditure ... $496 million
Main Crops: rice, rubber, corn, vegetables .
Natural Resources: timber, gemstones, some iron ore, manganese, phosphates, hydropower potential
Major Industries: rice milling, fishing, wood and wood products, rubber, cement, gem mining, textiles
GDP (2002): $3.6 billion.
Per capita GDP (2002): $275.
Annual growth rate (2002): 4.5%.
Inflation (2002): 3.0%.
Natural resources: Timber, gemstones, some iron ore, manganese and phosphate, hydroelectric potential from the Mekong River.
Agriculture (37% of GDP, 2001): About 4,848,000 hectares (12 million acres) are unforested land; all are arable with irrigation, but 2.5 million hectares are cultivated. Products--rice, rubber, corn, meat, vegetables, dairy products, sugar, flour.
Industry (22% of GDP): Types--garment and shoe manufacturing, rice milling, tobacco, fisheries and fishing, wood and wood products, textiles, cement, some rubber production, paper and food processing.
Services (41% of GDP): Tourism, telecommunications, transportation, and construction.
Central government budget (2002): Revenues--$438 million; expenditure--$630 million; foreign financing--$268 million. Trade: Exports ($1.451 billion 2001)--garments, shoes, cigarettes, natural rubber, rice, pepper, wood, fish. Major partners--United States, EU, Singapore, Japan, Thailand, Taiwan, Hong Kong, Indonesia. Imports ($1.806 billion 2001)--fuels, cigarettes, vehicles, consumer goods, machinery. Major partners--United States, Singapore, Vietnam, Thailand, EU, Malaysia, Indonesia.
Economic aid received: Pledges of $610 million in grants and concessional loans (2001), with disbursement rate of 77%. Major donors--Asian Development Bank (ADB), UN Development Program (UNDP), World Bank, International Monetary Fund, Australia, Canada, Denmark, the EU, France, Germany, Italy, Japan, Sweden, Thailand, U.K., U.S.
Principle foreign commercial investors: Malaysia, Taiwan, U.S., China, Korea, Hong Kong, Singapore and Thailand.
Exchange rate (2002): 3,950 per U.S.$.