The 2008 CIA World Factbook. United States. Central Intelligence Agency
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- real growth rate:
6.5% (2007 est.)
GDP - per capita (PPP):
$11,000 (2007 est.)
GDP - composition by sector:
agriculture: 5.2% industry: 25% services: 69.8% (2007 est.)
Labor force:
4.956 million note: state sector 78%, non-state sector 22% (2007 est.)
Labor force - by occupation:
agriculture: 20% industry: 19.4% services: 60.6% (2005)
Unemployment rate:
1.8% (2007 est.)
Population below poverty line:
NA%
Household income or consumption by percentage share:
lowest 10%: NA% highest 10%: NA%
Investment (gross fixed):
13.1% of GDP (2007 est.)
Budget:
revenues: $41.84 billion expenditures: $43.9 billion (2007 est.)
Fiscal year:
calendar year
Public debt:
36.8% of GDP (2007 est.)
Inflation rate (consumer prices):
3.1% (2007 est.)
Central bank discount rate:
NA
Commercial bank prime lending rate:
NA
Stock of money:
NA
Stock of quasi money:
NA
Stock of domestic credit:
NA
Agriculture - products:
sugar, tobacco, citrus, coffee, rice, potatoes, beans; livestock
Industries:
sugar, petroleum, tobacco, construction, nickel, steel, cement, agricultural machinery, pharmaceuticals
Industrial production growth rate:
2.5% (2007 est.)
Electricity - production:
16.97 billion kWh (2007 est.)
Electricity - consumption:
14.02 billion kWh (2007 est.)
Electricity - exports:
0 kWh (2007 est.)
Electricity - imports:
0 kWh (2007 est.)
Electricity - production by source:
fossil fuel: 93.9% hydro: 0.6% nuclear: 0% other: 5.4% (2001)
Oil - production:
61,300 bbl/day (2008 est.)
Oil - consumption:
203,500 bbl/day (2006 est.)
Oil - exports:
0 bbl/day (2006)
Oil - imports:
123,200 bbl/day (2005)
Oil - proved reserves:
124 million bbl (1 January 2008 est.)
Natural gas - production:
1.058 billion cu m (2006)
Natural gas - consumption:
1.058 billion cu m (2006)
Natural gas - exports:
0 cu m (2007 est.)
Natural gas - imports:
0 cu m (2007 est.)
Natural gas - proved reserves:
70.79 billion cu m (1 January 2008 est.)
Current account balance:
$240 million (2007 est.)
Exports:
$3.734 billion f.o.b. (2007 est.)
Exports - commodities:
sugar, nickel, tobacco, fish, medical products, citrus, coffee
Exports - partners:
China 27.5%, Canada 26.9%, Netherlands 11.1%, Spain 4.7% (2007)
Imports:
$10.08 billion f.o.b. (2007 est.)
Imports - commodities:
petroleum, food, machinery and equipment, chemicals
Imports - partners:
Venezuela 29.6%, China 13.4%, Spain 10.4%, Canada 6%, US 5.1% (2007)
Economic aid - recipient:
$87.8 million (2005 est.)
Reserves of foreign exchange and gold:
$4.247 billion (31 December 2007 est.)
Debt - external:
$16.79 billion (convertible currency); another $15–20 billion owed to Russia (31 December 2007 est.)
Stock of direct foreign investment - at home:
$11.24 billion (2006 est.)
Stock of direct foreign investment - abroad:
$4.138 billion (2006 est.)
Currency (code):
Cuban peso (CUP) and Convertible peso (CUC)
Currency code:
CUP (nonconvertible Cuban peso) and CUC (convertible Cuban peso)
Exchange rates:
Cuban pesos (CUP) per US dollar - 0.9259 (2007), 0.9231 (2006) note: Cuba has two currencies in circulation: the Cuban peso (CUP) and the convertible peso (CUC); in April 2005 the official exchange rate changed from $1 per CUC to $1.08 per CUC (0.93 CUC per $1), both for individuals and enterprises; individuals can buy 24 Cuban pesos (CUP) for each CUC sold, or sell 25 Cuban pesos for each CUC bought; enterprises, however, must exchange CUP and CUC at a 1:1 ratio.
Communications
Cuba
Telephones - main lines in use:
1.043 million (2007)
Telephones - mobile cellular:
198,300 (2007)
Telephone system:
general assessment: greater investment beginning in 1994 and the establishment of a new Ministry of Information Technology and Communications in 2000 has resulted in improvements in the system; wireless service is expensive and must be paid in convertible pesos which effectively limits mobile cellular subscribership domestic: national fiber-optic system under development; 95% of switches digitized by end of 2006; fixed telephone line density remains low, at less than 10 per 100 inhabitants; domestic cellular service expanding but remains at only about 2 per 100 persons international: country code - 53; fiber-optic cable laid to but not linked to US network; satellite earth station - 1 Intersputnik (Atlantic Ocean region) (2007)
Radio