Gross National Product (GNP): Ranked by United Nations as one of world's twenty-nine least developed countries, World Bank estimated 1991 GNP at US$101 million and per capita income at US$460, with annual growth rate of 6 percent in 1993. Agriculture: Accounted for almost 10 percent of gross domestic product (GDP) in 1990 and employed about 7 percent of labor force. Major products coconuts, cassava, corn, taro, and sweet potatoes. Most food imported. Fishing:Provided 15 percent of GDP in 1992 and employed 22 percent of labor force extensive fishing fleet of domestically built boats 1992 catch record 82,000 tons. Modernization and refrigeration projects underway. Tourism: In l992 represented 17 percent of GDP and major source of foreign exchange. In 1991 had 196,112 tourists, mainly from Germany, Italy, Britain, and Japan. Exports: Fish and fish products, clothing accessories main markets Britain, United States, and Sri Lanka. Imports: Foodstuffs, petroleum products, consumer goods sources India, Sri Lanka, Singapore, and Britain. Balance of Payments: 1992 trade deficit US$110.5 million current account deficit US$33.2 million. Currency and Exchange Rate: 1 rufiyaa (Rf) = 100 laari. June 1995 exchange rate US$1 = Rf11.77. Fiscal Year: Calendar year. Data as of August 1994
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