The World Bank World ,A S, | Development (r Indicators Meoh lqq2 Mar I#11 . . .. ..0 :. 44 ! f } } s s i X iif^ i i ii -CC~~~i I I' di~ IN I~~~~~~~~~~~:Z ' -. 4>R>mEnEJ )sbn <-A * + ' ;ts B@ [I t+' PorSU s v~~~~~~~~~' F X ............ u~~~~~~~~~~~~~heworld by in \ Union (ITU) took its current name in 1934 and became a specialized agency of the United Nations ( a| t -Irin 1947. The ITU is an intergovernmental organization within which the public and private sectors cooperate for the development of telecommunications. The ITU adopts international regulations and treaties governing all terrestrial and space uses of the frequency spectrum and the use of the geostationary-satellite orbit. It also develops standards for the interconnection of telecommunica- tions systems worldwide. The ITU fosters the development of telecommunications in developing countries by establishing medium-term development policies and strategies in consultation with other partners in the sector and providing specialized technical assistance in management, telecommunications policy, human resource management, research and development, technology choice and transfer, network installation and maintenance, and investment financing and resource mobilization. The Telecommunications Yearbook is the ITU's main statistical publication. Publications can be ordered from ITU Sales and Marketing Service, Place des Nations, CH-1211 Geneva 20, Switzerland; telephone: (41 22) 730 6141 (English), (41 22) 730 6142 (French), and (41 22) 730 6143 (Spanish); fax: (41 22) 730 5194; email: sales.online @itu.ch; telex: 421 000 uit ch; telegram: ITU GENEVE; website: www.itu.ch. Organisation for Economic Co-operation and Development The Organisation for Economic Co-operation and Development (OECD) was set up in 1948 as the OECtDU Organisation for European Economic Co-operation (OEEC) to administer Marshall Plan funding in j|j Europe. In 1960, when the Marshall Plan had completed its task, the OEEC's member countries OCDE agreed to bring in Canada and the United States to form an organization to coordinate policy among industrial countries. The OECD is the international organization of the industrialized, market economy countries. Representatives of member countries meet at the OECD to exchange information and harmonize pol- icy with a view to maximizing economic growth in member countries and heloing nonmember coun- tries develop more rapidly. The OECD has set up a number of specialized committees to further its aims. One of these is the Development Assistance Committee (DAC), whose members have agreed to coordinate their policies on assistance to developing and transition economies. Also associated with the OECD are several agencies or bodies that have their own governing statutes, including the International Energy Agency (IEA) and the Centre for Co-operation with Economies in Transition. xlv 1998 Woric Development Indicators The OECD's main statistical publications include Geographical Distribution of Financial Flows to Developing Countries, National Accounts of OECD Countries, Labour Force Statistics, Revenue Statistics of OECD Member Countries, Intemational Direct Investment Statistics Yearbook, Basic Science and Technology Statistics, Industrial Structure Statistics, and Services: Statistics on International Transactions. For information on OECD publications contact OECD, 2, rue Andre-Pascal, 75775 Paris Cedex 16, France; telephone: (33 1) 45 24 82 00; fax: (33 1) 45 24 85 00; websites: www.oecd.org and www.oecdwash.org. United Nations The United Nations and its specialized agencies maintain a number of programs for the collection of intemational statistics, some of which are described elsewhere in this book. At United Nations headquarters the Statistics Division of the Department of Economic and Social Information and Policy Analysis provides a wide range of statistical outputs and services for producers and users of sta- tistics worldwide. By increasing the global availability and use of of ficial statistics, the division's work facilitates national and international policy formulation, implementation, and monitoring. The Statistics Division publishes statistics on international trade, national accounts, demog- raphy and population, gender, industry, energy, environment, human settlements, and disability. Its major statistical publications include the Intemational Trade Statistics Yearbook, Yearbook of National Accounts, and Monthly Bulletin of Statistics, along with general statistics compendiums such as the Statistical Yearbook and World Statistics Pocketbook. For publications contact the United Nations Sales Section, DC2-0853, New York, N.Y. 10017, U.S.A.; fax: (212) 963 3489; email: statistics@un.org; website: www.un.org. United Nations Children's Fund The United Nations Children's Fund (UNICEF), the only organization of the United Nations dedicated exclusively to children, works with other United Nations bodies and with governments and non- ___f governmental organizations to improve children's lives in more than 140 developing countries through community-based services in primary health care, basic education, and safe water and sanitation. uniceF UNICEF's major publications include The State of the World's Children and The Progress of Nations. For information on UNICEF publications contact UNICEF House, 3 United Nations Plaza, New York, N.Y. 10017, U.S.A.; telephone: (212) 326 7000; fax: (212) 888 7465; telex: RCA-239521; website: www.unicef.org. United Nations Conference on Trade and Development The United Nations Conference on Trade and Development (UNCTAD) is the principal organ of the United Nations General Assembly in the field of trade and development. It was established as a per- manent intergovernmental body in 1964 in Geneva with a view to accelerating economic growth and development, particularly in developing countries. UNCTAD discharges its mandate through policy UNCTAD analysis; intergovernmental deliberations, consensus building, and negotiation; monitoring, imple- mentation, and follow-up; and technical cooperation. 1998 World Development Indicators xv UNCTAD produces a number of publications containing trade and economic statistics, includ- ing the Handbook of Intemational Trade and Development Statistics. For information contact UNCTAD, Palais des Nations, CH-1211 Geneva 10, Switzerland; tele- phone: (41 22) 907 12 34 or 917 12 34; fax: (41 22) 907 00 57; telex: 42962; website: www.unicc.org/unctad. United Nations Educational, Scientific, and Cultural Organization The United Nations Educational, Scientific, and Cultural Organization (UNESCO) is a specialized agency of the United Nations established in 1945 to promote "collaboration among nations U ESCO 0through education, science, and culture in order to further universal respect for justice, for the rule of law, and for the human rights and fundamental freedoms . . . for the peoples of the world, without distinction of race, sex, language, or religion . . ." UNESCO's principal statistical publications are the Statistical Yearbook, World Education Report (biennial), and Basic Education and Literacy: World Statistical Indicators. For publications contact UNESCO Publishing, Promotion, and Sales Division, 1, rue Miollis F, 75732 Paris Cedex 15, France; fax: (33 1) 45 68 57 41; email: c.laje@unesco.org; website: www.unesco.org. United Nations Environment Programme The mandate of the United Nations Environment Programme (UNEP) is to provide leadership and encourage partnership in caring for the environment by inspiring, informing, and enabling nations and people to improve their quality of life without compromising that of future generations. UNEP publications include Global Environment Outlook and Our Planet (a bimonthly magazine). For infor- mation contact UNEP, P.O. Box 30552, Nairobi, Kenya: telephone: (254 2) 62 1234 or 3292: fax: (254 2) 62 3927 or 3692; website: www.unep.org. United Nations Industrial Development Organization The United Nations Industrial Development Organization (UNIDO) was established in 1966 to act as the central coordinating body for industrial activities and to promote industrial development UNIDO and cooperation at the global, regional, national, and sectoral levels. In 1985 UNIDO became the sixteenth specialized agency of the United Nations, with a mandate to help develop scien- tific and technological plans and programs for industrialization in the public, cooperative, and pri- vate sectors. UNIDO's databases and information services include the Industrial Statistics Database (IND- STAT), Commodity Balance Statistics Database (COMBAL), Industrial Development Abstracts (IDA), and the International Referral System on Sources of Information. Among its publications is the Jnternational Yearbook of Industrial Statistics. For information contact UNIDO Public Information Section, Vienna International Centre, P.O. Box 300, A-1400 Vienna, Austria; telephone: (43 1) 211 31 5021 or 5022; fax: (43 1) 209 2669; email: unido-pinfo@unido.org; website: www.unido.org xvi 1998 World Development Indicators World Health Organization The constitution of the World Health Organization (WHO) was adopted on 22 July 1946 by the International Health Conference, convened in New York by the Economic and Social Council. The objective of the WHO, a specialized agency of the United Nations, is the attainment by all peo- pie of the highest possible level of health. The WHO carries out a wide range of functions, includ- ing coordinating international health work; helping governments strengthen health services; providing technical assistance and emergency aid; working for the prevention and control of dis- ease; promoting improved nutrition, housing, sanitation, recreation, and economic and working conditions; promoting and coordinating biomedical and health services research; promoting improved standards of teaching and training in health and medical professions; establishing international standards for biological, pharmaceutical, and similar products; and standardizing diagnostic procedures. The WHO publishes the World Health Statistics Annual and many other technical and statis- tical publications. For publications contact Distribution and Sales, Division of Publishing, Language, and Library Services, World Health Organization Headquarters, CH-1211 Geneva 27, Switzerland; telephone: (41 22) 791 2476 or 2477; fax: (41 22) 791 4857: email: publications@-who.ch; website: www.who.ch. The World Intellectual Property Organization The World Intellectual Property Organization (WIPO) is a specialized agency of the United Nations based in Geneva, Switzerland. The objectives of WIPO are to promote the protection of intellec- tual property throughout the world through cooperation among states and, where appropriate, in collaboration with other international organizations and to ensure administrative cooperation among the intellectual property unions-that is, the "unions" created by the Paris and Berne Conventions and several subtreaties concluded by members of the Paris Union. WIPO is respon- sible for administering various multilateral treaties dealing with the legal and administrative aspects of intellectual property. A substantial part of WIPO's activities and resources is devoted to development cooperation with developing countries. For information contact the World Intellectual Property Organization, 34, chemin des Colombettes, Geneva, Switzerland; mailing address: P.O. Box 18, CH-1211 Geneva 20, Switzerland; telephone: (41 22) 338 9111; fax: (41 22) 733 5428; telex: 412912 ompi ch; web- site: http://www.wipo.int. World Trade Organization The World Trade Organization (WTO), established on 1 January 1995, is the successor to the WV ORL D General Agreement on Tariffs and Trade (GATT). The WTO provides the legal and institutional foun- T RADE dation of the multilateral trading system and embodies the results of the Uruguay Round of trade 0 RGAtNIZATION negotiations, which ended with the Marrakesh Declaration of 15 April 1994. The WTO is mandated to administer and implement multilateral trade agreements, serving as a forum for multilateral trade negotiations, seeking to resolve trade disputes, overseeing national trade policies, and cooperat- ing with other international institutions involved in global economic policymaking. 1998 World Development Indicators xvii The WTO's Statistics and Information Systems Divisions compile statistics on world trade and maintain the Integrated Database, which contains the basic records of the outcome of the Uruguay Round. The WTO Annual Report includes a statistical appendix. For publications contact World Trade Organization, Publicatons Services, Centre William Rappard, 154 rue de Lausanne, CH-1211 Geneva, Switzerland; telephone: (41 22i 739 5208 or 5308; fax: (41 22) 739 5458; email: publicatons@wto.org; website: www.wto.org. 04majd rzzrnL e>al Ca@tvrc= Currency Data & Intelligence, Inc. Currency Data & Intelligence. Inc. is a research and publishingfirrm that produces currency-reiated products and undertakes research for international agencies and universities worldwide. Its flag- ship product. the World Currency Yearbook, is the most comprehensive source of information on Currency Data & Intelligence,i- currency. It includes official and unofficial exchange rates and discussions of economic, social, and political issues that affect the value of currencies in world markets. A second publication, the monthly Global Currency Report, covers devaluations and other critical developments in exchange rate restrictions and valuations and provides parallel market exchange rates. For information contact Currency Data & Intelligence. Inc., 328 Flatbush Avenue, Suite 344, Brooklyn, N.Y. 11238, U.S.A.; telephone: (718) 230 7176; fax: (718) 230 1992: email: curncy- data@aol.comn. Euromoney Publications PLC Euromoney Publications PLC provides a wide range of financial, legal, and general business infor- ~TJhI L mation. The monthly Euromoney magazine carries a semiannual rating of country creditworthiness. For information contact Euromoney Publications PLC, Nestor House, Playhouse Yard, London EC4V 5EX, U.K.; telephone: (44 171) 779 8999: fax: (44 1711 779 8407: website: Ww.euromoney.com. Institutional Investor, Inc. Institutional Investor magazine is published monthly by Institutional Investor. Inc., which develops country credit ratings every six months based on information provided by leading international banks. For information contact Institutional Investor, Inc., 488 Madison Avenue, New York, N.Y. 10022, U.S.A.; telephone: (212) 224 3300. International Road Federation The International Road Federation (RF) is a not-for-profit, nonpolitical service organization represent- n ing the views and interests of road-related industries around the world. The IRF has more than 600 corporate and institutional members in approximately 100 countries-companies, associations, research institutes, and administrations concerned with developing and modernizing road infrastruc- ture. To encourage better road and transport systems worldwide. the IRF assists in tne transfer and application of technology and management practices tnat will produce maximum economic and social xviii 1998 World Development Indicators returns from national road investments, through its consultative status with the United Nations and the OECD and its advisory capacity with the European Union. The IRF publishes World Road Statistics. For information contact International Road Federation, 63 rue de Lausanne, CH-1202 Geneva, Switzerland; telephone: (41 22) 731 7150; fax: (41 22) 731 7158; email: IRD@dial.eunet.ch; web- site: http://is.eunet.ch/geneva-intl/gi/egi/egil49.html Moody's Investor Service Moody's Investors Service is a global credit analysis and financial opinion firm. It provides the J Moodys Investors Service international investment community with globally consistent credit ratings on debt and other securities issued by North American state and regional government entities, by corporations worldwide, and by some sovereign issuers. It also publishes extensive financial data in both print and electronic form. Clients of Moody's Investors Service include investment banks, bro- kerage firms, insurance companies, public utilities, research libraries, manufacturers, and gov- ernment agencies and departments. Moody's publishes Sovereign, Subnational and Sovereign-Guaranteed Issuers. For information contact Moody's Investors Service, 99 Church Street, New York, N.Y. 10007, U.S.A.; website: www.moodys.com. Political Risk Services Political Risk Services is a global leader in political and economic risk forecasting and market analy- sis and has served international companies large and small for nearly 20 years. The data it con- tributed to this year's World Development Indicators come from the Intemational Country Risk MIZIIIVUS Guide, a monthly publication that monitors and rates political, financial, and economic risk in 130 countries. The guide's data series and commitment to independent and unbiased analysis make it the standard for any organization practicing effective risk management. For information contact Political Risk Services, 6320 Fly Road, Suite 102, P.O. Box 248, East Syracuse, N.Y. 13057, U.S.A.; telephone: (315) 431 0511; fax: (315) 431 0200; email: custserv@polrisk.com; website: www.prsgroup.com Price Waterhouse Price Waterhouse is one of the world's largest international organizations of accountants and con- sultants. Founded in 1849, it now consists of a network of 27 individual practice firms in 119 countries and territories. Staffed with professionals committed to client service, it is equipped to advise on matters relating to international operations, not only in individual countries but also on a regional or global basis. For information contact Price Waterhouse World Firm Services BV, Inc., 1251 Avenue of the Americas, New York, N.Y. 10020, U.S.A.; telephone: (212) 819 5000; fax: (212) 790 6620; telex: 362196; website: www.pricewaterhouse.com. 1998 World Development Indlcators xix Standard and Poor's Rating Services Standard and Poor's Sovereign Ratings provides issuer and local and foreign currency debt ratings for sovereign governments and for sovereign-supported and supranational issuers worldwide. Standard & Poor's Rating Services monitors the credit quality of $1.5 trillion worth of bonds and other financial instruments and offers investors global coverage of debt issuers. Standard & Poor's also has ratings on commercial paper, mutual funds, and the financial con- dition of insurance companies worldwide. For information contact The McGraw-Hill Companies. Inc.. Executive Offices, 1221 Avenue of the Americas, New York, N.Y. 10020, U.S.A.; subscriber services: (212) 208 1146: website: www.ratings.standardpoor.com. World Conservation Monitoring Centre The World Conservation Monitoring Centre (WCMC) provides information on the conservation and sustainable use of the world's living resources and helps others to develop information systems of their own. It works in close collaboration with a wide range of organizations and people to increase access to the information needed for wise management of the world's living resources. Committed WORLD CONSERVATION to the principle of data exchange with other centers and noncommercial users, the WCMC, when- MONITORING CENTRE ever possible, places the data it manages in the public domain. For information contact World Conservation Monitoring Centre. 219 Huntingdon Road, Cambridge CB3 ODL, U.K.; telephone: (44 12) 2327 7314; fax: (44 12) 2327 7136: website: www.wcmc.org.uk. World Resources Institute The World Resources Institute is an independent center for policy research and technical assistance on global environmental and development issues. The institute provides-and helps other institu- r ' _ < < tions provide-objective information and practical proposals for policy and institutional change that F L will foster environmentally sound, socially equitable development. The institute's current areas of work include trade, forests, energy, economics, technology. biodiversity, human health, climate change, sustainable agriculture, resource and environmental information, and national strategies for environmental and resource management. For information contact World Resources Institute, 1709 New York Avenue, N.W.. Washington, D.C. 20006, U.S.A.; telephone: (202) 638 6300; fax: (202) 638 0036; telex 64414 WRIWASH: web- site: www.wri.org. xx 1998 World Development Indicators The World Bank Group The World Bank Group is made up of five organizations: the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for Settlement of Investment Disputes (ICSID). Established in 1944 at a conference of world leaders in Bretton Woods, New Hampshire, the World Bank is a lending institution whose aim is to help integrate developing and transition countries with the global economy, and reduce poverty by promoting economic growth. The Bank lends for pol- icy reforms and development projects and provides policy advice, technical assistance, and non- lending services to its 181 member countries. 1998 World Development Indicators xxi Esers >'iU Principal sections Are signposted by these icons: - F 9 3.1 Land use and deforestation Section 1 World view ,, Section 2 People 0 2 2 2622 6,''21, 912274a 2. 3 36216633163 2 I0 2 3 24 Algena 2,332 16s 3 3~~~~~1 21 13 11 11 73 23 1 312612 1.226 223 3 3 33 43 53 61 222 2.320 17 366962n 2,707 47 40 00 62 22 0 32 639 292 073 Section 3 Environment s1 46 2 0 443 -40 0 34Al2074a 67 202 20 10 25 24536 67 33 0 2 ` 34252126 67 406 . 23 25 SI 10 0 02 32014422 33 34 23 23 3 21 2 2 56 2 0 0.0 Section 4 Economy b a l link - 1 2 I I" 3I3 -16 4.2 6026,22and 6,6240772 61 516 43 23 61 26 0 0.2 _ 62,2 11 67 07 301 46 76 13 10 0 -34 06 i,:g,. gL3s,a 274~~~~~~~~~~~~~~~~~3 22 S~ 1 I3 2 3 63 4 2 Section 5 States and markets .0-jg- csma 273 0002T40e t a bl e0 .634 1°2 1 2676100e 466 023 5 45 3 . 71 0 1 406 1.492 0I 126262 6.441 16 5 5 3 04 0 2 2332S -1004 -04l c1a60,21 656226 022.11 643 0 00 305 5 i 42 20442.4I2 0 4 Section 6 Global links j ED%2. 9h3na 04 11 10 6 * 33 62 6 4 076666. 17-62 6100 1 ~ 7 1 21 II 3- __0n4.0C m.0Ra 2.27 126 3 v 7 2 - I 0econ.oRe 3w2 766 0 o 2t 24 77 00 145 416 04 002267426610 7 6 24 2 I2 5 46 -2 0 Tables are numbered by section and display the identi by-2 016.0 00 21 26 39 44 23 46 2 1 fying icons of each section. Countries end economies w2062.;be 266 0013 21 20 20 10 36 1o 44 23. are listed alphabetically (except for Hong Kong, China, i n 101 7 5 2- 3 45 I °. whichtappears.afterChina).Data aretshown forl48 O2. °02 470 12 5 64 100 . economies with populations of, more than I million 6 20 0 I0 7 3 2 23s 466 01 betweonomie en222 666 40ml3 3 m3 le e2 46 066 -f 100 -41 people and for which data are regularly reported by 94362072 10 -2 09 20 0 6 0 9 22,4, 70 060 11 07 57 00 0 7O the relevant authority, as well as Taiwan, Chine, in ca l6 466 3 00 14 40 07 0 20 selected tables. Selected indicators for 62 other ities 121 72 90 27 01 37 a 02 66 -0.96 -43 economies small economies with populations Indiat 23r3 72 24 44 62 62 02 632 14 between 30,0C0 and 1 million, smaller economies if j 41 40dms2 363 32 243 44 13 061 44 0l 4.3 423 they are members of the World Bank. and larger economies for which data are not regularly reported- an1 ., 022 are shown in table 1.6. The term country, used inter--__________ey r d - d r l changeably with economy, does not imply political independence or of ficial recognition by the World Bank, but refers to any territory for which authorities report separate social or economic statistics. When .......Indicators available, aggregate measures for income and Indicators are shown for the most recent year or period regional groups appear at the end of each table. for which data are available and, In most tables, for an earlier year or period. Time-series data are available in3 the World Development Indicators CD-ROM. xxii 1998 World Development Indicators __ _ _ _ _ _ _Data are shown whenever possible for the individual countres formed from the former Czechoslovakia-the Czech Republic and the Slovak Republic. 3.1 v Data are shown for Eritrea whenever possible, but in most cases before 1992 Eritrea is included in the data for Ethiopia. Data for Germany refer to the unified Germany unless otherwise noted. 1,,,,7 . , ,, , 93 ,,,, 0993 0939sb 3909, Data for Jordan refer to the East Bank only unless -.444247 02 TO 10 ST 14 12 00 04 10 -0 -40 I.dl, 2T70 -10 ST ST 4 I TO 00 171 -02 00 otherwise noted. 4.9234233p 0,000 000 8 11 44 40 4 61 15 204 20 In 1991 the Union of Soviet Socialist Republics '20 407 0 012 13 0 0 7 7 I 0, 0 00 2e,7> 63 OTT 20 20 37 7. 1O T 6 1 (U.S.S.R.) was dissolved into 15 countries (Armenia, , ge, 2~~~~1 17 20 11 I I 4 7 2'40 0 42 00 03 TO 0- -43 Azerbaijan, Belarus, Estonia, Georgia, Kazakhstan, m6 10 2 40 , 7 0 0' Kyrgyz Republic, Latvia, Lithuania, Moldova, Russian 2400 n 4 71 -2 .012 . 070 IT 100 -:0 -0.0 Federation, Tajikistan, Turkmenistan, Ukraine, and 22 2 0 77 3 73 00 0 Uzbekistan). Whenever possible, data are shown for the 04194 c 1 2 00 05 0 3 7 00 00 0 0 00 individual countries. 176,1313 123 003 0 40 30 7 0 00 La9v. 10 00 . 00 10 00 00 -400 -00 Data for the Republic of Yemen refer to that country LIlItnI 00 . 70 6@ 0 0 00 from 1990 onward; data for previous years refer to .. 73 1.030 40 0 0 0 0 00 00 1 0 00D . 0 1 2 -112 06 aggregated data of the former People's Democratic 3030909949, 0 0 5 01 44 02 10 151 1.000 0.0 Republic of Yemen and the former Yemen Arab Republic - : 0 2 30 01 13a 0.042 20 unless otherwise noted. * 5 26 ~~~7700310061,04010 * . I 00 91 14 0 0 00 Whenever possible, data are shown for the individ- 003,44 20 40 42 4 00 1 .00 0 0 MWICO,3 -0- 3S 43 42 654 4.0 0 o ual countries formed from the former Yugoslavia- M boia 11 2~~~~~~~~~~~~~~2 1 0 0 004014,32oli 1067 7 011007 3 7S 02 20 04 01 40 Bosnia and Herzegovina, Croatia, the former Yugoslav 040 411 05 04 53 0 4 00 : 12 03 Republic of Macedonia, Slovenia, and the Federal 034034 040 300 26 1 00 40 T2 '0 Republic4of Yugoslavia. Allreferences tothe Federal .03 140 110 132 1 004401 10 03 400 ±3 Republic Al to 19403440743 44 40 40 44 01 02 09 0 0.0Republic of Yugoslavia in the tables are to the Federal 091034300 00~~~~~ 31 00 00 0 00 -0 0. euli.nt 3,1343042 120 3001 20 40 40 30 00 13 10 5 09 5 09.342,400 040 . . 1 4 43 o 04 Republic of Yugoslavia (Serbia/Montenegro). 00343 011 224 00 01 00 40~~1 00 40 10 134 0.0 301.330 000 350 35 D 0 D 0 00 0 31 -300 02 Additional information about the data is provided in 0403, 21200,070 4 0 0 0 01 95 0 0 0 0 31,913, 071 400 21 40 0 3 607 01 742 40 2 Primary data documentation. That section summarizes r ,] . 0 44 20000 1 2 700 246 * . ! I O 0 00 T9 3,000 0 national and international efforts to improve basic data ,346433 060 61 20 00 . ..21 1 collection and gives information on primary sources, 0443lL742l 3040 3 40 40 10 40 67 26 -240 0.9 census years, fiscal years, and other background infor- 01uoemtnNR,CO 7 032 20 43 d - -- 24 0.3 mation. Statistical methods provides technical informa- tion on some of the general calculations and formulas used throughout the book. Discrepancies in data presented in different editions of the World Development Indicators reflect updates by countries as well as revisions to historical series and changes in methodology. Thus readers are advised not Statistics to compare data series between editions of the World Data are snown for economies as they were constituted Development Indicators or between different World Bank in 1996, and historical data are revised to reflect cur- publications. Consistent time-series data for 1960-96 rent political arrangements. Exceptions are noted are available on the World Development Indicators CD- throughout the tables. ROM. Except where noted, growth rates are in real On 1 July 1997 China resumed its exercise of sover- terms. (See Statistical methods for information on the eignty over Hong Kong. Data for China do not include methods used to calculate growth rates.) Data for some data for Hong Kong, China, or Taiwan, China, unless oth- economic indicators for some economies are presented erwise noted. in fiscal years rather than calendar years; see Primary Data for the Democratic Republic of Congo (Congo, data documentation. All dollar figures are current U.S. Dem. Rep. in the table listings) refer to the former dollars unless otherwise stated. The methods used for Zaire. For clarity, this edition also uses the formal converting national currences are described in name of the Republic of Congo (Congo, Rep. in the Statistical methods. table listings). 1998 World Development Indicators xxiri The World Bank's classification of economies For operational and analytical purposes the World Bank's main criterion for classifying economies isc gross national product (GNP) per capita. Every econ- 3 3.1 omy is classified as low income, middle income (subdi- vided into lower middle and upper middle), or high L4-4 4:41 L,44,44 64,4,d4,3,6,4' income. For ncome classifications see the map on the inside front cover and the list on the front cover flap. Note that classification by income does not necessarily 114442444 44 1 1494 1945 4444Q45 reflect development status. Because GNP per capita Se n 4452 1 4' 4104 3 04 164442 ~ ~ ~ 44 12 1 12 40 744 44 0 changes overtime, the country composition of income 4444r44or 724 2 4 7 41 426 30 groups may change from one World Development s2o,s.44b 4 -24 -1 Indicators to the next. Once the classification is fixed 4441"I " 65 ' 85 450 44 for an edition, all historical data presented are based 14Lar2 , 0 -45 2 20 on the same country grouping using the most recent e w e 0-n so 3 2O year for which GNP per capita data are available (1996 1l l l4 3 1 32 4, 4 22 2 52 24 in this edition). Low-income economies are those with 4,448 73 4 41 16 1 -4 a GNP per capita of $785 or less in 1996. 4 9 14 43 2 4 2 17'3 12 4 1.4 Middle-income economies are those with GNP per --194 44 1' Is capita of more than $785 but less than $9,636. U11 2° 44 1 I 33 544 40 Lower-middleincome and upper-middle-income 14 3 4 2 4 0 44 4-44544444 -4 12 44 24 47 24 446-2 economies are separated at GNP per capita of $3,115. "I44441440 11 04 44 I _, 2 :2 -6.4 I -0 High-income economies are those with a GNP per -47 2 0 75 capita of $9,636 or more. West 4 42 1 1 7 40 -4 152 14 044044444444441444, 442 4 42 3 31 3C 0 40 Aggregate measures for income groups 4 a4464 444 II 4 3414 2.642 44 The aggregate measures for income groups include 210 economies (economies presented in the main tables 1 I 600405.54 06 plus the economies listed in table 1.6) wherever data 64 44l"4 59.841 4l 0 :4 5 69 164S54458 0.4 LouermatdAmwme 3e310 te2 L0 ~11 21 1 is 71 12e4 378 - . are available. To maintain consistency in the aggregate a 045'4 17 4 9 34 w2 64 5 7.100 36710 05 measures over time and between tables, missing data 145 644 44 3 44 34 4_ 5044.32340 are imputed where possible. Most aggregates are totals o 2 -0^4 0 5 .324 46 5e.765 II (designated by a t if the aggregates incljde gap-filed 6 056 3 44 05 °0 06 estimates for missing data; otherwise totals are desig- 30 6 115 2 nated by an s for simple totals), median values (m). or weighted averages (M. Gap filling of amounts not allo- cated to countries may result in discrepancies between subgroup aggregates and overall totals. See Statistical __| __-- - D______m_r_ n_ _____ methods for further discussion of aggregaton methods. Aggregate measures for regions Footnotes The aggregate measures for regions include only low- Known deviations from standard definitions or breaks and middle-income economies (note that these mea- in comparability over time or across countries are sures include developing economies with populations of either footnoted in the tables or noted in About the less than 1 million, including those listed in table 1.6). data. When available data are deemed to be too The country composition of regions is based on the weak to provide rehlable measures of evels and World Bank's analytical regions and may differ from trends or do not adequately adhere to nternational common geographic usage. For regional classifications standards, the data are not shown. see the map on the inside back cover and the list on the back cover flap. See Statistical methods for further discussion of aggregation methods. xxiv 1998 World Development Ind cators Notes about data About the data provides a general discussion of inter- fl ^national data standards, data collection methods, and . - 1 3.1 sources of potential errors and inconsistencies. Readers are urged to read these notes to gain an understanding of the reliability and limitations of the Thaedahe.bbt h ythalaatetelamdtheaetthatste s-ateo omttttaae,,i dee Rmtsed Fdl,t,aa esat aL ma1saa,a ee tt bbttlaea. ateleedet teattat Theethee ndb .teatewwo dt,ease5 aI eeati-aeeatht,s . ale bedo eh,ettV aeaatatese etl tdateteed aslhete I tstsedatdtet data presented. For a full discussion of data collecton -ateuas at.eng eddetes tests taate weaprd at -etetatItea ate atanesnetedemltee methods and definitions readers should consult the hT,pdeeyhaablittleaei 9 ted bmeX Yaa e ttoaant tnhat. tot apeotee atettseS tat mt be aeaetae to aI atasd attaadan atas -S the teal teP thebn dtetnta sta=-- t t-h-eI ant the a' ttttateaf teats Of 5950 atd 1995- 9RItasaame1aa. hdalae eelattela e technical documentation provided by the original com- dat teethe, er tamtlts nuthesusesa ttlatt ThlS eddsptSt want sD n ea s aett fatateat dl, dttetetmbtaleatedtestubesplthonsmdaeeta f desteeds eat betast pr atey ther I b e ta - -eetlme .teateataebla, -,.ludtlg fhdea-nee e CwM nd leda r dat.tetee m a edoa t .dU tS det t anh on s,o ad us b teapatletetbasde ate tetath m ea' feast tees, hmPTaete pmmeat eatataht,es.t waen y a eaaees.s Pteaeta d att seeat - re-a-eseFTas- - - data a da raaetdatthate- the-ht.me ,tea grd -s.atela,td mmp matytad b acaa toe d a reSh eeatgas a data taeeg enattot ddttgh tae tee eteae t-. the mt .m .at bhOam-ha dO n eth bm Definitions attetalahs 19 L ,ta ttataeetoh eate h. the teeet m e=estcaytette I99Gth Fetasteseeettee etetn tha t daeretthaesPm..utte.aee,..........D fnton rvd s otd scito softe m i appamobezEdbemeretedw9ougaCn be nputSosbeef heWhid^onsbl997w YbW wwbTrMTsDefinitionsfqLpefinitinssprovdedshortdescripions ofthemmai i,y ge - wladtasdaeltTm eaeinhat f atalegeetaete.atetes. agf.steadltdeeaeteeelstde indicators in each table. U =eeteaeeatatewealdes a - e tha t Wdd tatta dtetest eden, se an tl SP aeell tet ass a lefladeT mn= 99 a teteetd t bea teat utedata nteeteeeeetheethdlsea e anm thetalella3tlt thaleelteeeat e teaTO t95eN h.-I, Ml I -elutda ttet ls d ateesle tdeaatehaeeaaaeteletdat hatt W9pplE e st tstdtcatehfco et tbm 0990 tstittteee tav ltetst tteaete,eaM e ta,e lanle,d.taetat. t endIts- aa set e atepp ala at sweamwlo s, a that'h .teattttt t,sat,tt ese lenwamd tt' 9olhea d, e aaaaa ttel p tataeaP ate ree tfi Data sour s ind etatesadeestttettteheea.eeaeatsdatee.slldn eacteea. eta Itlte, elteatesaslfolloetingnteacheatable,etendteady atublicatieoasedSource Idadd ee data aeceet he a tees w ydeelWe t ed tea ICe dlt, th leto1s. a o ltas aalta Partners are i ntfi n the Da ta s ue s s o DfD w forssl ares mGY b =rbwlady uhellDle EGbne Thenew Gformabondescriptionlofaour partner's and information on=their eetnatataseisledaesadeta,hatnaled.tasttset. tts.etlttgaaneF 'atle ehsoeatedeenla description of our partners and information on their t-ea Tasaee e batas taglbttoa[ data publications see the Partners section. Figures 1 When appropriate, tables are accompanied by fig- u ares highlighting particular trends or issues. .._ . ..... =__ . _ _ .D_ P l ........>*._ _ eest..d eaaeeeeahle_.e _ _ Data presentation conventions and symbols The cutoff date for data is 1 February 1998. The sym- bol .. means that data are not available or that aggre- gates cannot be calculated because of missing data in the year shown. A blank means not applicable or that an aggregate is not analytically meaningful. The num- bers 0 and 0.0 mean zero or less than half the unit shown. Billion is 1,000 million. Trillion is 1,000 billion. The symbol / in dates, as in 1990/91, means that the period of time, usually 12 months, straddles two calen- dar years and refers to a crop year, a survey year, or a fiscal year. Figures in italics indicate data that are for years or perods other than those specified. Data for years that are more than three years from the range shown are footnoted. Dollars are current U.S. dollars unless otherwise noted. 1998 World Development Indicators xxv ".. .1 I."w A w NW, 9 I I I On the verge of the 21st century, dramatic political, social, and economic changes have overtaken the world. On this stage a new international dialogue on the future of development has begun. The focal point has been a succes- sion of conferences sponsored by the United Nations, with governments com- ing together to chart development strategies for the next century-for children, for education, for environment, for population, for women, for social development. The debates, often heated, have renewed commitments to the eradication of poverty, the sustainability of the environment, the reduction of infant, child, and maternal mortality, and the elimination of gender differences in access to education, starting with universal primary education. But such commitments are too often received with cynicism. After all, the world's poor are testament to the past lack of political will to achieve such goals. Can we make it different this time? Perhaps, because new forces are at work. First, there is a new consensus on development. Gone with the Cold War are the sterile, ideological debates over the roles of the state and the market. In their place is a more pragmatic approach to effective and broad-based development strategies. Second, the suc- cess of some developing countries shows that the worst forms of poverty can be eradicated, and that investments in human capital and the poor can have high economic returns. Advancing social development Living standards have risen dramatically over the past 25 years. Despite an increase in population from 2.9 billion people in 1970 to 4.8 billion in 1996, per capita income growth in developing countries has averaged about 1.3 per- cent a year. While the number of people living in poverty continues to grow, hundreds of millions have had lifted from them the yoke of poverty and despair. As a result the proportion of the poor is holding steady at less than a third of the developing world's population (table la). This global picture conceals large regional differences. The proportion in poverty is declining in Asia, where most of the poor live. But it is rising rapidly in Europe and Central Asia, and continuing to rise in Latin America and Sub- Saharan Africa. More than 4 in 10 households (over 500 million people) remain in poverty in South Asia, and the financial crisis in East Asia will slow the pace of poverty reduction there. Substantial improvements in social indicators have accompa- social conditions in East Asia that weree responsible tor its subse- nied growth in average incomes. Infant mortality rates have fallen quent strong economic perfor mance. And Sub-Sahar an Africa's from 104 per 1,000 live births in 1970-75 to 59 in 1996. On aver- infant mortality rates are wiell abovc those in East Asia some 25 age, life expectancy has risen by four months each year since years ago. On average. 147 of ever-v 1,000 African children die 1970. Growth in food production has substantially outpaced that before the age of 5, and 91I in 1.001 before the age of 1. Ten of population. Governments report rapid progress in primary African countries have under-five mnortality rates in excess of 200 school enrollment. Adult literacy has also risen, from 46 to 70 per- (Angola, Guinea, Guinea-Bissau. Malawi, Mali, Mozamnbique, cent. And gender disparities have narrowed, with the average Niger, Rwanda, Sierra Leone, and Zambia). ratio of girls to boysin secondary schools rising from 70 to 100 in Grossprimary school enrolliienit rates have riseni in all regionis. 1980 to 82 to 100 in 1993. The developing world today is health- ButSub-SaharanAfrica's rates, having risen from 50 percenat of the ier, wealthier, better fed, and better educated. (For a spirited eligible population to 80 percenit by 1980, fell back to 7 2 in 1993, accounting of development progress, see Fox 1995.) reflecting larger problems. Again, averages disguise wide country But progress has been far from even (table lb). Take mor- disparities. Six countries in Africa have feover than half their chil- tality. All developing regions have seen infant and child mortal- dren enrolled in primarv school (Burkina Faso, Ethiopia.. (.uinea, ity rates decline sharply. But South Asia's infant mortality rates Mali, Niger, and Sierra Leone). today are about the same as EastAsia's in the early 1970s, reflect- Reducing gender disparities in education, as measured by ing both poor progress in South Asia and the favorable initial female enrollment in seconcdarv schools, is one area where Sub- Saharan Africa is doing relatively well. Progress is slower in South Asia, where the ratio of 66 girls to 101) hoys is wvell below the devel- oping world average. Population living on less than S1 a day in developing regions, 1987 and 1993 Progress toward the 2.1st centu - Number Share of The uneven progress of development is worrying. The free flows (millions) population (%) of trade and capital that integrate the global economy may Region 1987 1993 1987 1993 E;:l R ,. ;|z ll-., t>. .: Jr.l 12O bring benefits to millions, but poverty and suffer-ing persist. In Europe and Central Asia 2.2 14.5 0.6 3.5 an integrated world, disease, enviro-nmental degradation, civil L ,v,n.' .. r,I n.lr:: :,,- 23.5 strife, criminal activities, and illicit drugs are also global con- Middle East and North Africa 10.3 10.7 4.7 4.1 cerns. In response, international development agencies have 17 I - .i- 4: begun to reexamine the wav they do business. Thev are looking Sub-Saharan Africa 179.6 218.6 38.5 39.1 at impacts more than inputs by establishing perforrnance tar- gets. And thev are seeking ways to enhance their accountability and transparency bh measuring progress toward those targcts. Source: World Bank 1996e. In May 1996 the Development Assistanice Committee of the OECD published s . . the 21st Ceo turT. This policy paper, known as Strategy 21, spotlights the substantial achievements of Progress in social indicators Gross primary Gross secondary Under-five school enrollment school enrollment Infant mortality mortality (% of relevant (fe.ale as % per 1,000 live births per 1,000 age group) of male) Region 1970 1996 1980 1996 1980 1995 1980 1993 t _,, - -,.. I .,. 79 39 75 47 88 115 73 84 Europe and Central Asia .. 24 .. 30 .. 100 96 101 84 33 82 41 .. 111 95 Middle East and North Africa 134 50 141 63 68 97 63 85 139 73 I9 93 67 99 50 66 Sub-Saharan Africa 137 91 193 147 80 75 50 82 i ; lli * , , , , r I Note; Numbers in italics are for 1994. Source: World Bank staff estimates. 4 1998 World Development Indicators 'k'LSJ ;k 4 g'm F'IAL' the past 50 years as well as the large unfinished agenda. and calls ability, and the World Bank will systematically monitor them in for a global partnership to pursue a new development strategy the countries it assists. that focuses on six key goals (distilled from the many set by vari- ous international conferences) for the start of the 21st century. Reducing poverty For economic well being The common international poverty line of $1 a day suggests that * Reducing by half the proportion of people in extreme some 60 percent of the world's poor live in India and China- poverty by 2015. and that 12 countries, each with more than 10 million in poverty, For social development account for 80 percent of the world's poor (figure la). These * Achieving universal primary education in all countries by 2015. countries require special attention. But this should not be at the * Demonstrating progress toward gender equality and the expense of smaller, less populous countries where grinding empowerment of women by eliminating gender disparities in poverty persists and governments are motivated to implement primary and secondary education by 2005. effective poverty reduction strategies. * Reducing by two-thirds the mortality rates for infants and The poverty goal calls for reducing by half the proportion of children under 5 and by three-fourths the mortality rates for people in poverty by 2015. If nothing is done and the proportion mothers by 2015. in poverty stays at 30 percent, the number of people in poverty * Providing access to reproductive health services for all indi- would rise from 1.3 billion to 1.9 billion by 2015, given the viduals of appropriate age no later than 2015. expected increase in population. A reduction to 15 percent by For environmental sustainability and regeneration 2015 would reduce the number of people living in poverty to 900 * Implementing national strategies for sustainable develop- million. (See the spread showing goals for 2015 that follows). ment by 2005 to ensure that the current loss of environmen- Thus the goals for the 21st century call for lifting nearly 1 billion tal resources is reversed globally and nationally by 2015. people out of poverty over the next two decades. Is this feasible? A recent World Bank study (Demery and The goals are expressed in global terms but "must be pursued Walton 1997) explores the question. Income poverty is a function country by country through individual approaches that reflect of growth and the extent to which the poor participate in growth. local conditions and locally owned development strategies." So, to answer the question, one must form a view of the prospects Achieving them will also require building capacity for effective, for growth and for inequality. Consider the growth in average real democratic, and accountable govcrnance, protection of human consumption pcr person required to halve the incidence of rights, and respect for the rule of law. Strategy 21 commits OECD poverty using a $1 a day international poverty line and assuming countries to help countries that want to make a serious effort to no change in income distribution. Then compare these growth attain these development goals. rates with past experience. The strong consensus emerging around this new develop- Plotting the growth in private consumption per capita ment strategy provides an opportunity for the development com- required to reduce poverty based on the $1 poverty line against munity to galvanize support and political commitment for a set actual growth in 1990-95 shows that many countries have of people-centered goals that ordinary people in rich and poor achieved the required rate of growth (figure lb). Those countries countries can understand. The goals also emphasize account- above the diagonal experienced faster growth than required, Twelve countries accounted for 80% of the world's poor in 1993 % in poverty 36 62 66 68 70 71 73 74 75 76 77 78 100 80 60 '"'TTTT India China ern_l Nigeria i,.:, ,, F'"ot.i, Ethiopia Pakistan Mexico Kenya Peru Nepal Note:r. -:. . .e'c-v-, 1'.'': L- :1- .1 .. andforwhich comparable data are available. Datafor Bangladesh andthe Democratic Source: World Bank staff estimates. International comparisons of extreme poverty are ba;ed or, a common internationar posert' line cl SI a person a daV. espressed in 1985 international prices and adjusted to local currencies using purchasing power p3riik exchange rates. Most cohnmrie na.e their o0n povert~ lines baied on local views of minimum socially acceptable living standards (see About the data In table 2.7). i998 World Development Indicators 5 those below slower. Although manv countries are not growing fast enough, the global poverty targets will be met if China and India Global poverty targets will be met if China and India sustain sustain their recent growth. their recent growth Past trends may not be a good predictor of growth. Some Actual annual change in private consLmption per capita, 1990-95 (%) regions may not be able to sustain rapid growth, and others are 10 v4hina likely to improve their policies and performance. Table I c com- pares the growth rates required to achieve a decline in poverty by one half against recent and projected growth scenarios for 8 Fastergrowth than required each developing region. Most regions should reach the goals by 2015-except Sub-Saharan Africa, where growth will fall short. 6 Forecasts tend to assume current policy choices and strategies. ^- Demery and Walton show that policy changes that contribute to growth could make a big difference. Drawing on the work of Barro .;:.. - (1991) and Sachs and Warner (1995) to classify 36 developing - . - ~countries by good and poor policies, they base their illustrative 2 . - - predictions of growth on the 1990 policy stance. If policies do not change, only half the countries are projected to achieve the 5 . ,:,,|r.C-h.-:n'J growth required to meet the poverty target. If all 36 countries improve their policies, 28 should meet the poverty target. Income distribution also matters. A highly unequal income -2 v ':n.tn distribution makes it harder to reduce poverty. Inequality is lower in South Asia and Eastern Europe and higher in Sub-Saharan -4 Africa (particularly South Africa) and Latin America. While the Slower growth than required distribution of income tends to be stable over time, there is some evidence of worsening inequality in East Asia. Reducing inequal- -6 ity will increase the numbers who benefit from the same average rate of growth. Conversely, higher inequality will increase the rate -8 of growth needed to yield the same reduction in poverty. (See 0 1 2 3 4 5 6 table 1.3 for estimates of the distribution-adjusted rate of growth Required annual change in private consumpton per capita. 1990-95 (%) in private consumption.) Source: World Bank staff estimates. Policies that promote growth are reasonably well understood. Policies that promote better income distribution are not. Policy areas deserving special attention from researchers and policy- makers in this regard include giving priority to rural develop- ment, assets redistribution, inclusive education systems, rapid Required, actual, and projected regional growth in growth in labor demand, and pro-poor tax and spending policies. real consumption Reducing mortality ra-:s LEO. :a;:ii [ _ :;: % Real consumption And what of the social targets? If infant mortality rates were to Annual growth per capion remain at 1990 levels, the number of infant deaths would total some required to annual 8.8 million in 2015. Reaching the target of 35 deaths per 1.000 births reduce poverty growth rate would cause infant deaths to fall about 5.8 million a vear, to slighdy by half by actual projected Region 2015 1991-95 1997-2000 over 3 million. Similarly, attaining the primary school enrollment East Asia and the Pacific 1.2 6.9 2.7 goal would require enrolling some 200 million more children in pri- Europe and Central Asia 0.8 0.7 2.4 mary school in 2015 than are there today, an increase of 41 percent Latin America and the Caribbean 1.8 2.0 1.9 over current levels. These are ambitious targets. Middle East and North Africa 0.3 1.1 1.3 How far are low- and lower-middle-income countries from South Asia 1.3 1.9 3.5 Sub-Saharan Africa 1.9 -1.3 1.1 these goals? * 27 countries will need to reduce under-five mortality rates by Source: Demery and Walton 1997; projections as of January 1998. more than 50 per 1,000 live births between now and 2015, with as many as 12 needing to reduce under-five mortality rates by 100 per 1,000. * 18 of 26 countries reporting net primary enrollment data will need to increase net primary enrollment by more than 25 percentage points. 6 1998 World Development Indicators Countries with high infant mortality in 1970 continue to have Infant mortality rates, 1970 and 1996 high levels today Ranking Infant mortality rate, 1996 progress Infant mortality from per 1,000 live births level in 1970 to Country 1970 1996 1996 1996 *5. 1I~~fl~~ - r,:-3L.-e ,r ..n ~ *I - ,; l ; r.- rl- E I, t.1 , , - - ;r.-..niL -- 1- Tn|;|, 11*.rh;rd .;ieu I _ rn E ur - 3C H 4I. Ii - c -i . r,.;; i - Eabr r , ~ : Ar ._r. ., r1 fi ! . r-; - T*;>rrv> s^ts;,n~~~~~~~- e rl-, rr-.r F _.. i . ; ' * ,, . . . ~ --~- 5-SrLm>; - j 1- l 1 l - - -; Sourr,e: World Bank staff estimates. .r! 5 'l;-'_ 2 formance can provide some guidance for the future. Table Id Guyana 80 59 9 33 shows data on infant mortality rates in 1970 and 1996 for 37 low- H;,, ' - I and lower-middle-income countries. Aturupane, Glewwe, and Honduras 110 44 4 3 Isenman (1994) used similar data for a larger set of developing fJ i; countries to look at progress over time on infant mortality and Kenya 102 57 8 16 primary school enrollment. Following their approach, the r -:,. regression of the log of infant mortality in 1996 on the log of , ;, I ,: - infant mortality in 1970 estimates the average reduction in infant : .J v , 4 mortality over the past 26 years. The slope of the regression line - ;ra 13 J : : - - (0.58), shown in figure Ic, implies that the average reduction Nepal 166 85 20 13 was 42 percent. The dashed lines represent reductions by one- l0i.i II J. 3 third and two-thirds in infant mortality rates. Note that only one Niger 170 :L8 33 29 country-Sri Lanka-achieved a reduction of two-thirds. X I,. ,, lt Countries with high levels of infant mortality a quarter century F 142 1_9 :i earlier continue to have high levels today (except Egypt, which - - - - : I l has almost matched Sri Lanka's improvement). One other coun- . L.- re 1; 4 try, China. has achieved an infant mortality rate below the target .r. L; = 1- 1 level of 35. l- 1- 2 Social indicators are closely related to GNP. Figure Id shows - I , l ., the relationship between GNP per capita and under-five mortal- ity and primary enrollment. As incomes increase, social indica- Source: World Bank staff estimates. tors improve. Table le shows the ratio of the actual values of three social indicators to expected values based on GNP per capita for 43 low- and lower-middle-income countries. The conclude that even with rapid growth, child mortality will be, on United Nations Children's Fund calls the difference between average, some 60 percent above the target for 2015. This is as much these two values the "national performance gap" (UNICEF a comment on the past neglect of social development as on the 1997). The results show that large differences persist even after magnitude of the task facing the international community. accounting for income differences. The third column for each This is not to say that the past must determine the future. indicator shows the difference between the country's 1996 level With sufficient political will, improvements in female education, and the development goal. Although some countries have been health programs, and incomes of the poor could bring the infant relatively successful-given the resources available to them- mortality target within reach. Otherwise, the cost in lost lives they remain far from the goals. would be enormous: Demery and Walton (1997) provide a projection of child mor- * If infant mortality follows its current trend and declines by tality rates, assuming past trends in mortality reduction and pro- 2015 to 37 per 1,000 births, some 4.4 million infants will die jected increases in per capita income and female education. They each year. 1999 World Development Indicators 7 GNP Under-five mortality Net Gross per per 1,000 primary school female primary Capita enrollment school enrollment predicted predicted predicted on the basis ratio of distance on the besis ratio of distance on the basis ~atio of distance of GNP actual to from of GNP actual to fro m of GNP actual to from $ per cepita predicted 1996 value per capita predicted 1996 value per capi'ta predicted 1996 value .1996 1.996 1996 to goal, 1.996 1996 to goal1 1996 1996 to goal 630 100 0.20 8 45 1.11 0 Bangladesh 260 152 0.74 74 61 1.14 30 42 1.06 5 Ber.nr 350 135 1.04 95 63 0.84 47 43 0.77 16 Bolivia 830 53 1.94 67 70 1.30 9 47 1.00 3 j3ur~ra F-.c;:~230 155 1.02 1 13 61 0.52 68 42 0.92 11 Burundi 170 166 1.06 131 60 .84 49 42 1.08 5 Cameroon 610 91 1.12 67 ... .46 1.02 3 Central African Republic 310 142 1.16 .119 ... .43 0.89 11 C n.c.' 160 167 1.13 144 ... .42 0.78 18 China 750 87 0.45 2 6 66 1.46 4 45 1.04 3 Con,g:.-, Oh-m REP 130 167 0.86 99 60 0.90 46 42 1.02 7 Congo, Rep. 670 80 1.80 100 ... .46 1.05 2 cote d1 %O.re- 660 82 1.83 105 68 0.76 48 46 0.93 7 Egypt, Arab Rep. 1,080 8 8.12 44 73 1.22 11 49 0.93 4 Er--r,-ca 100 176 1.01 132 59 0.35 79 Gambia, The .. b. 63 0.88 45 43 0.96 9 Gtorg,3 ~~850 49 0.39 7 71 1.15 18 46 1.02 2 Haiti 310 150 0.87 86 62 0.42 74 43 1.13 2 Hordurat, 660 80 0.62 33 68 1.32 10 46 1.07 0 India 380 130 0.66 56 ... .43 0.99 7 P.~~n, ~i 320 140 0.64 59 ... .43 1.15 1 Lesotho 660 82 1.38 75 68 0.96 35 46 1.15 -3 P I ~~~250 154 0.88 90 .. Malawi 180 167 1.30 172 60 1.53 8 42 1.13 3 Mia" 240 152 1.45 175 62 0.37 77 43 0.92 11 Mozambique 80 179 1.19 169 59 0.69 59 41 1.02 8 Nepal ~~210 159 0.73 77 ... .42 0.92 11 Nicaragua 380 130 0.44 40 63 1.24 21 44 1.15 0 t Ige r 200 ... . 61 0.41 75 42 0.89 12 Nigeria 240 154 0.85 86 ... .42 1.04 6 Pakistan 480 113 1.09 81 ... .44 0.69 19 Rwanda 190 162 1.26 160 61 1.17 29 42 1.18 0 4;eregal 570 99 0.89 58 66 0.76 50 45 0.95 7 Sierra Leone 200 159 1.79 239 -.... 42 0.98 9 Sr, L,hrk.pa 740 68 0.28 7 ... .46 1.04 2 Tajiktistan 340 138 0.27 25 ... .43 1.12 1 r.qrCan, s.1701 166 0.87 99 .. Togo 300 143 0.96 93 62 1.11 31 43 0.93 10 ugar,ri 3 300 143 0.98 96 ... .43 1.03 6 Vietnam 290 145 0.33 32... ).hner' PeLr, 380 130 1.00 86 ... .44 0.64 22 Zambia 360 131 1.54 157 63 1.09 31 43 1.10 2 rmab~~~~~~~~ ~610 90 0.95 57 .. a. The goai for under-five mortality was determined to be the iesser of ane-third of the 1996 level or 45. For countries where under-five mortality was iess than 45 ir 1996, the eon wav assumed to be 12. b. Estimated to be low income (average per capita income of $785 or less). c. Refers to mainland Tanzania only. 8 1998 World Development indicators *C=E l_bIi * Accelerating social development. Social indicators will benefit from improvements in economic growth and income and As incomes increase, social indicators improve wealth distribution, but there is still room for policies that target interventions that appear to have a large impact on Under-five mortality per 1,000 live births health and educational outcomes. At the top of the list are 360 350 - i-e- . . -- - . . , female education, safe water and sanitation, and child 300 - :-: :-K immunization. 250 *4 . . + ~ :- 5Second, donors and intcrnational development agencies 200 must support countries that show a determination to take up 150 - * ~ the challenges of the goals for the 21st century. These goals are 100 *4: 4 - shared, and ownership of these goals must also be shared. This 50 4 e .. implies extending this dialogue to major international forums 0 200 - - anP'enl-o in the United Nations and Bretton Woods systems, and to the 0 200 400 600 800 1,000 1.200 consultative groups and round tables that meet regularly to GNP per capita support development strategies in individual countries. Net primary enrollment nate (%) Donors and their developing country partners need to sur- 100 mount the obstacles to ownership and implementation of v0 ~_ * *sound strategies in support of these international goals. The v . decline in aid flows will need to be reversed, particularly for 60 countries committed to an accelerated development strategy 4 ¼ SLet.JhC. and appropriate policies in support of these goals-and par- 40 * ticularly for the current strong donor support for Strategy 21 2 tn.oe; ' to be seen as credible. 20 el.r Third, international agencies must take the lead in strength- °0 200 400 600 800 1,000 1200 ening the capacity of developing countries to monitor their GNP per capita progress on outcomes. This will involve ensuring that the sta- tistical infrastructure in key countries is adequate to mount Source: World Bank staff estimates. periodic surveys-and to collect and analyze data on the main outcome indicators and on the leading indicators that predict * An average two-thirds reduction to 20 per 1,000 for develop- those outcomes. Data quality, a serious issue in many develop- ing countries would reduce the number of infant deaths to ing countries, will need to be urgently addressed if policy-mak- 2.4 million-2 million fewer infant deaths each year. ers are to take the monitoring of these goals seriously. It will not be easy. But we must move forward. And as Strategy The challenges 21 notes, meeting goals as ambitious and important as these will How do we move forward? First, developing countries must take a significant effort by the world community. It calls for a sub- embark on strategies that help them attain these goals. In the stantial and serious commitment by developing nations-by areas of poverty and social development, this implies particular their governments, their private sectors, and their civil societies. attention by policymakers to: It calls for a renewed effort by international development agen- * Accelerating economic growth. Growth is the most powerful cies, both bilateral and multilateral, to be responsive to these weapon in the fight for higher living standards. If Sub- development efforts in a coordinated partnership. And it calls Saharan Africa is to make a serious dent in its rising num- for a new effort by advanced countries to achieve coherence in ber of poor, it must improve its growth performance over their aid and other policies that affect developing countries. As the early 1990s by as much as 3 percentage points. Latin World Bank PresidentJames Wolfensohn (1997) told the World America and Europe and Central Asia require a more mod- Bank Group's Board of Governors: est acceleration. Faster growth will require policies that encourage macroeconomic stability, shift resources to more Without equity, we will not have global stability. Without a efficient sectors, and accelerate integration with the global better sense of socialjustice, our cities will not be safe, and our economy. societies will not be stable. Without inclusion, too many of us * Improving the distribution of income and wealth. The benefits of will be condemned to live separate, armed, frightened lives. growth for the poor may be eroded if the distribution of Whether you broach it from the social or the economic or the income worsens, which might also undermine the incentives moral perspective, this is a challenge that we cannot afford to for growth-inducing economic reforms. Understanding what ignore. There are not two worlds, there is one world. We share policies improve the distribution of income and wealth in a the same world, and we share the same challenge. The fight wvay that fosters incentives for growth should be high on the against poverty is the fight for peace, ..' .', and growth for agenda of policymakers and researchers. all of us. 1998 World Development Indicators 9 .60 Gender equality in education NO)y5 koDemonstrating progress O1V toward gender equality and the empowerment of women by Primary education eliminating gender disparities in primary Achieving universal and secondary education by 2005 primary education in all countries by 2015 - _~t - r^ Infant, child, and maternal mortality Reducing by two-thirds the mortality rates for infants and children under five and by three-fourths the mortality rates for mothers by 2015 Infant and child Maternal Reproductive health mortality mortality Providing access to reproductive health services for all individuals of appropriate 2 3 age by no later than 2015 _i~~~~~~~ - L0 | 19911 World Development.Indicators 10 1996 World Developmen ld a a rs Goals for "We commit ourselves to the goal e¢O- of eradicating poverty in the world °0 through decisive national actions 4 and international cooperation, as an ;Ot ethical, social, political, and * tS economic imperative of humankind" -World Summit for Social Develop- ment, Copenhagen, March 1995 Poverty Reducing by half the proportion of people in extreme poverty by 2015 1l +2 Meeting goals as ambitious and important as these will require significant efforts by the global community Goal: reduce number in Goal: reduce infant deaths poverty by half by two-thirds Growth of poverty at .e riar,' a. vr,- L _ j ~ current rates , Tc r _ ° ~ ~~~~ ~ ~~~~~~~3 !J.t:..1 o t.:: 001'; ~~~~~~~~~8.38. AdomkC6 2 2015 1.2 ~~~~2015 0 Environment Implementing Goal for 2015 G l 0' 20 national strategies 2 s for sustainable development by 2005 to ensure that Goal: reduce under-five deaths Goal: achieve universal *,vo ? s the current loss of by two-thirds primary education _~~ ,> ~environmental resources is reversed globally A and nationally . ,rs I i.~ Je.Lr Goal for 2015 by 2015 688 10.5 _ .I 1990 2015 Current enrollment level 1998 World Development Indicators |i C ~1.1 Size of the economy Population Land Population GNP GNP per GNP PPPI area density capita average average annua, anneal per thousand people growth grownh raepro ml lions sq. km per sq. km $ billions rank 8$ rank XI $ bil, errs $ rare 1996 1995 1996 199S6 1996 1995-96 1996' 1996 1995-96 1996 1996 1996 Albania 3 27 120 2.7 105 .. 820 80 . Algeria 29 2,382 10 43.7 48 4.1 1~520 63 1.8 132.7 4,620' 56 Angola 11 1,247 9 3 .0 104 1.3 270 113 -1.7 11.4 1.030 113 Argentina 35 2,737 10 295.1 18 4.0 8,380 27 2.7 335.6 9,530 32 Armenia 4 28 130 2.4 110 7.8 630 87 7 4 8.2 2,160 86 Australia 18 7,882 2 387.8 13 4.0 20,090 15 2.6 363.9 19,870 16 Austria 8 83 100 226.5 21 1.2 28,110 7 1.0 174.5 21,650 9 Azerbaijan 8 87 90 3.6 99 -0.4 480 94 -1.3 11.3 1,490 103 Bangladesh 122 130 930 31.2 51 5.5 260 114 3.8 122.9 1 010 116 Belarus 10 207 50 22.5 54 2.6 2,070 55 2.9 45.1 4,380 62 Belgium 10 33 310 268.6 19 1.6 26,440 9 2.4 227.5 22,390 7 Benin 6 111 50 2.0 112 6.2 350 104 3.2 6.9 1,230 109 Bolivia 8 1,084 7 6.3 79 5.0 830 79 2.6 21.7 2,860 77 Bosnia and Herzegovina .. 51 Botswana 1 567 3 .. . .. . 10.9 7.390 40 Brazil 161 8.457 20 709.6 8 8.2 4,400 31 6.7 1,023.1 6,340 46 Bulgaria 8 I11 80 9.9 68 -9.2 1,190 69 --8.8 35.8 4,280 84 Burkina Faso 11 274 40 2.4 109 6.2 230 119 3.3 10.1 C 950C 117 Burundi 6 26 250 1.1 125 -8.9 170 125 -11.1 3.8 590 129 Cambodia 10 177 60 3.1 103 6.5 300 109 3.9 Cameroon 14 465 30 8.4 75 7.6 610 88 4.5 24.1 1.760 94 Canada 30 9,221 3 569.9 9 1.7 19,020 18 0.5 640.6 21,380 11 Central African Republic 3 623 5 1.0 127 -3.0 310 107 -5.0 4.8 1,430~ ics Chad 7 1,259 5 1.0 126 3.0 160 127 0.5 5.6 880 121 Chile 14 749 20 70.1 38 10.1 4,860 29 8.5 168.7 11,700 28 China 1.215 9,326 130 906.1 7 10.0 750 61 8 9 4.047.3 3,330 72 Hong Kong, China' 6 1 6.370 163.3 26 4.7 24.290 13 2.2 153.1 24,260 4 Colombi'a 37 1,039 40 80.2 37 1.2 2,140 54 -0 5 251.7 6,720 43 Congo, Dem. Rep. 45 2.267 20 5.7 85 3.1 130 128 -0.1 35.7 C 790 124 Congo, Rep. 3 342 8 1.8 118 7.6 670 83 4.7 3.8 1.410 106 Costa Rica 3 51 70 9.1 72 -0.1 2,640 48 -2.0 22.3 6,470 45 CMe dIlvoire 14 318 50 9.4 70 7.3 660 84 4.6 22.7 1.580 100 Croatia 5 56 90 18.1 60 4.6 3.800 36 4.7 20.5 4,290 63 Cuba 11 110 100 .. .e Coach Republic 10 77 130 48.9 46 4.4 4,740 30 4.6 112.1 10,870 29 Denmark 5 42 120 166.9 25 2.5 32,100 4 1.8 116.4 22.120 8 Dominican Republic 8 48 160 12.8 66 7.6 1,600O 60 5.7 35.0 4.390 60 Ecuador 12 277 40 17.5 62 3.3 1,500 64 1.2 55 3 4,730 54 Egypt, Arab Rep. 59 995 60 64.3 40 5.4 1,080 73 3.5 169.5 2,860 78 El Salvador 6 21 280 9.9 69 2.6 1.700 58 0.0 18.2 2,790 80 Eritrea 4 101 40 d. . . . . Estonia 1 42 30 4.5 92 4.0 3,080 42 5.2 6.8 4.660 55 Ethiopia 58 1.000 60 6.0 81 10.7 100 129 7.2 29.1 500 131 F8nland 5 305 20 119.1 31 3.8 23,240 14 3.5 93 6 18.260 18 France 58 550 110 1,533.6 4 1.4 26,270 10 1.0 1,255.6 21.510 10 Gabon 1 258 4 4.4 93 1.2 3,950 34 -1.2 7.1 6,300 47 Gambia, The L 10 110 -... , a 1.5 1.280' 107 Georgia 5 70 80 4.6 91 .. 850 78 .. 9.8 1.610 91 Germany 82 349 230 2,364.6 , 3 ,1.3 28,870 6 0.9 1,729.2 21,110 12 Ghana 18 228 80 6.2 80 5.0 360 101- 2.3 31.4 C 1,790C 93 Greece 10 129 80 120.0 30 2.4 11,460 23 2.2 133.3 12.730 26 Guatemala 11 108 100 16.0 64 11.7 1,470 65 8.6 41.7 3.820 66 Guinea 7 246 30 3.8 98 4.4 560 92 1.8 11.6 1.720 96 Guinea-Bissau 1 28 40 0.3 130 6.1 250 11S 3.7 1.1 1.030 114 Haiti 7 28 270 2.3 I11 2.4 310 108 0.0 8.3: 1,130- 110 Honduras 6 112 50 4.0 97 2.7 660 65 -0.3 13.0 2,130 87 12 1998 World Denetopment ~ndicators Population Land Population GNP GNP per GNP PPPa area density capita average average annual annual per thousand people growth growth capita millions sq. km per sq. km $ billions rank % $ rank % $ billions $ rank 1996 1995 1996 19960 1996 1995-96 1996b 1996 1995-96 1996 1996 1996 Hungary.10. 92 110 44.3 47 2.2 4,340 33 2.6 68.6 6,730 42 India 945 2,973 320 357.8 14 6.9 380 98 5.1 1,493.3 1,580 101 Indonesia 197 1,812 110 213.4 22 7.5 1,80 74 5.8. 652.3 .3310 74 Iran, Islamic Rep 63 1622 40 2.80 0.6 335.0 5,360 53 Iraq 21 437 50 *. .... . Ireland 4 69 50 62.0 42 9.9 17,110 19 8.7 60.7 16,7'50 21 Israel 6 21 280 90.3 34 . 15,870 20 103.0 18,100 19 Italy 57 294 29 ... 20 171409.5 6 . 170 129,80 1 907.1,141~.13 19890 .. 15 Jamaica 3 11 240 4.1 96 -1.0 1,600 61 -1.9 8.8 3,450 71 Japan 126 377 330 5,149.2 2 3.9 40,940 2 3.6 2,945.3 23,420 5 Jordan 4 89 50 7.1 77 5.7 1,650 59 2.8 15.4 3,570 68 Kazakhstan 16 2,671 6 22.2 55 0.9 1,350 66 1.8_ ... 53.2 3,230 75 Kenya 27 569 50 8.7 73 5.7 320 106 3.1 30.9 1,130 III Korea, Dem. Rep. . 22 120 19 . .. ... . .......... Koea Re. 46 99 460 483.1 11 6.9 10,610 24 5.6 597 13,080 2 Kuwait 2 18 90 ..........a Kyrgyz Republic5 192 20, 2.5 107 5.5 _550 93 4.1. .9.0 1,970 89 Lao PDR 5 231 20 1.9 115 6.8 400 97 .4.0 5.9 1,250 108 Latvia 2 62 40 5.7 84 2.4 2,300. 51 3.5 9.1 3,650 67 Lebanon 4 10 400 12.1 67 2.4 2,970 45 0.6 24.7 6,060 49 Lesothto2 30 70 1.3 121 9.0 660 86. 6.7 4.80 2,3800 82 Libya 5 1,760 3 . . . Lithuania 4 65 60 8.5 74 2.6 2,280 .52 ...2.7 16.3 4,390 61 Macedonia, FYR 2 25 80 2.0 114 1.3 990 ... 76 .. 0.6 .... Madagascar 14 582 20 3.4. 101 3.5 250. 116 0.5. 12.3 900 119 Malawi 10 94 110 1.8 117 16.0 180 .. 124.. 130.0 ..6.9 690 127 Malaysia ... ..... 21 .329 60 89.8. 35. 8.3 4,370 32 5Z.8 213.7 10,390 30 Mali 10. 1,220 8 .24.4. 106 4.3 240.. 117. 1.2 7.1 710 126 Mauritania 2 1,25 .2 1.1 1..4.4 70 96 . 8 . .2 .1810 . 92. Mauritius 1 2 560 4.2 95 5.6 3,710 37 4.5 10.2 9,000 33 Mexico 93 1,909 50 341.7 16 6.6 3,670 38 4.7 713.8 7,660 37 Moldova 4. 33.. 130. . 2.5 106 -100.0. 590 .90 .-9.7 6.2 1,440 104 Mongolia 3 1,567 2 0.9 129 20.0 . 360 102 -0O.1 4.6 1820 . 90~ Morocco 27 .. 446. 60 34.9 50 12.4 1,290 67 10.4 89.7 3,320 73 Mozambique 18 784 20 1.5 120 8.7 80 130 5.0 9.0C 5000 132 Myanmar 46. 658 70 '.. 0 .......- Namibia .........2.. 823 .. 2 3.6 100 2.8 2,250.. 53 0~3.3 ..... 8.5 C 5,39Q0 52 Nepal 22 143 150 4.7 90 4.6 210 120 1.8..... 24.0 1,090 112 Netherlands .... . . 16 .. 34 460. 402.6 12 4.2 25,940 II 3.9 323.5 20,850 13 New Zealand ......... 4 268 10 57.1 45 0:6 15,720 21 -06.6 60.0. 16,500 22 Nicaragua 5 121 40 1.7 119 7.3 380 99 4.2 7,90 1,7600 95 Niger 9 1,267 .7 1.9 . 116 3.3 200 . 121 --0.1 8.60 9200 118 Nigeria 115 911 130 27.6 52 5:.0 240 11. . i8 .......1.9 .....99.7 870 122 Norway 4 307. 10. .151.2 27 5.1 34,510 ......3 4.6 17017.7 23,2206 Oman 2 212 10 h. . .5 . . 18.9 8.680 34 Pakistan 134 771 170 63.6 41 3.1 480 95 0.3 213.6 1600 99 Panama 3 74 40 8.2 76 5.8 3,080 43 4.1 18.9 7,060 41 Papua New.Guiea. 453 10 5.0 87 -0.1 1,150 72 -2.4 12.40 2,820~ 79 Paraguay5 397 10 9.2 71 1.1 1,850 57 -15.5 17.2 3,480 70 Peru 24 1,280 20 58.7 44 2.0 2,420 49 0.0 107.1 4,410 59 Philippines 72 298 240 83.3 36 6.9 1,160 70 4.5 255.2 3,550 69 Poland 39 304 130 124.7 29 6.3 3,230 41 6.2 231.7 6,000 51 Portugal 10 92 110. 100.9 32 2.4 10,160 25 2.4 133.6 13.450 24 Puert Rico .. .. 4.... 9 . 430 ...I... ... . I-.. . .. ... ... ... Romania 23 230 100 36.2 49 4.4 1,600 62 4.7 103.5 4,580 57 Russian Federation 148 16,889 9 356.0 15 -5.3 2,410 50 -5.0 619.0 4,190 65 1998 World Development Indicators 13 Population Land Population GNP GNP per GNP PPPI area density capita avorage average annual ~~~~~~~~~~~annual per thousand people growth growth capita millions sqt.km per sq. km $ billions rank % $ rank 3 $ bililons $ rank 1996 1995 1.996 19961 1996 1995--96 1996" .1996 1L995-96 j1996 1996 1996 Rwanda 7 25 270 1.3 123 13.3 190 123 7.8 4.2 630 128 Saudi Arabia 19 2,150 9 .. . h 188.3 9,700 31 Senegal 9 193 40 4.9 89 5.9 570 91 3.2 14.1 18650 97 Sierra Leone 5 72 60 0.9 128 10.4 200 122 7.6 2.4 510 130 Singapore 3 1 4,990 93.0 33 7.6 30,550 5 5.6 81.9 26,910 2 Slovak Republic 5 48 110 18.2 59 6.6 3,410 4C 6.3 39.9 7,460 38 Slovenia 2 20 100 18.4 58 3.2 9,240 26 3.2 24.1 12,110 27 South Africa 38 1,221 30 132.5 28 2.9 3,520 39 1.0 280.4 7,450' 39 Spain 39 499 80 563.2 10 1.7 14,350 22 1.6 600.3 15,290 23 Sri Lanka 18 65 280 13.5 65 1.6 740 82 0.5 41.9 2,290 83 Sudan 27 2.376 10 -. . d Sweden 9 412 20 227.3 20 1.0 25,710 12 0.8 166.0 18,770 17 Switzerland 7 40 180 313.7 17 -0.8 44.350 1 -1.2 186.3 26.340 3 Syrian Arab Republic 15 184 80 16.8 63 3.4 1,160 71 0.6 43.8 3,020 76 Tajikistan 6 141 40, 2.0. 113 -7.0 340 105 --8.4 6.3 900 120 Tanzania .30 884 30 5.2 86 4.6. 170 126 1.7- Thailand 60 511 120 177.5 24 5.4 2.960 46 4.4 402.0 6,700 44 Togo 4 54 80 1.3 122 7.4 300 110 4.3 7.0 1.650 98 Trinidad and Tobago 1 5 250 5.0 88 3.8 3,870 35 3.0 7.9 6,100 48 Tunisia 9 155 60 17.6 61 1.3 1,930 56 -0.4 41.5 4,550 58 Turkey 63 770 80 177.5 23 6.8 2,830 47 5.0 379.9 6.060 50 Turkmenistan 5 470 10 4.3 94 -2.4 940 77 -4.3 9.2 2,010 88 Uganda 20 200 100 5.8 83 9. 300 111 6 2 20.3 C 1,0300 115 Ukrai'ne 51 579 90 60.9 43 -9.9 1.200 68 -8.5 113.1 2,230 84 United Arab Emirates 3 84 30 .. . .. . 43.0 1 17.0000 20 United Kingdom 59 242 240 1,152.1 5 2.6 19,600 17 2.3 1,173.3 19,960 14 United States 265 9,159 30 7,433.5 1 2.3 28,020 8 1.4 7,433.3 28,020 1 Uruguay 3 175 20 18.5 57 7.5 5.760 28 6.8 24.9 7,760 36 Uzbekistan 23 414 60 23.5 53 1.1 1,010 75 -0.8 56.9 2.450 81 Venezuela 22 882 30 67.3 39 -1.6 3,020 . 44 -3.7 181.4 6,130 35 Vietnam 75 325 230 21.9 56 9.3 290 112 7,3 118.3 1,570 102 West Bank and Gaza, .2 e-- Yemen, Rep. 16 528 30 6.0 82 -4.7 380 100 -7.8 12.5 790 125 Yugoslavia, FR (Serb./Mont.) 11 102 100 ... ... Zambia 9 743 10 3.4 102 6.1 360 103 3,4 7.9 860 123 Zimbabwe 11 387 30 6.8 78 8.1 610 89 5.8 24.7 2,200 85 Low Income 3,236 39,294 82 1,597 8. 40 62 6.0 2,0 Exci. China & India 1,076 26,994 40 333 5.1 jO~~~~~~~~~~~~~~~~~3 2.5 1,268 1.180 Middle income 1,599 59,884 27 4,141 3.7 2.5~90 .4 8.0 5,200) Lowerr ..m middle income.............. 1,1255 39,310.39 2910 .........2 1,963.. , 1.9............... ..... 1,740.... 0.6 4,699 ...............0.. 6 .......69- ... 4.180 '' '" Low mi d'd"lei n'c"ome ............4",8'35 ......9'9",178 ........4'9'.... 5',7"3"8 5.2 1.190 3.6 15,114 3,130 Ebur'o"pe & Central Asia 478 23,84 20......~ ... 1,050 -0............... 4 2,200... ~o-0.4 2.059 4,310 Latin America.. &.. & r Carib. ............ 486 486 .... 20 20,064........ 24 24 ... 1,804 ........5.8......3,710 ..8.....4.1......3.174....... 6,530 74 6,3 MiddleEast &N. Afica 276 10,972 25 572 .. 2,070 .. 1,251 4,530 South Asia ~~~~~~~1,266 4,781 265 478 6.3 3804. 1,2 150 High incorme -7-:. a. Purhaeaang pamer parity; see Definitions. b. calculatea asing tho World Bank Atlas method. a. The estimate as based an regression; others are extrapalated froam the latest [n:,ersat,aea Camper -a P ogra-me benchmark estimnates. di. Estimated to be loot cnnine l$785 or less), e. Estimated to be lower middle income ($785 to $3,1151. t. GNP data ame GDP. g. Estlmated to be high nconie ~$9C6 38 no mae. h, Estimated to be upper middle income l$3.116 to s9pe35i. i. Data refer to mainland Tanzania anly. 14 1998 World Development Indicators Population, land area, and output are important mea- and to determine borrowing eligibility. See the Users * Population is based on the de facto definition of surements of economy size. They also provide a guide for definitions of the income groups used in this population, which counts all residents regardless of broad indication of actual and potential resources. book. Also see About the data for tables 4.1 and 4.2 legal status or citizenship-except for refugees not Therefore, population, land area, and output-as for further discussion of the usefulness of national permanentlysettled inthe countryof asylum, who are measured by gross national product (GNP) or gross income as a measure of productivity or welfare. generally considered part of the population of the domestic product (GDP)-are used throughout the When calculating GNP in U.S. dollars from GNP country of origin. The values shown are midyear esti- WorldDevelopment Indicatorsto normalizeotherindi- reported in national currencies, the World Bank fol- mates for 1996. See also table 2.1. * Land area is a cators. lows its Atlas conversion method. This involves using country's total area, excluding areas under inland Population estimates are generally based on a three-year average of exchange rates to smooth the bodies of water. * Population density is midyear pop- extrapolations from the most recent national census. effects of transitory exchange rate fluctuations. See ulation divided by land area in square kilometers. See About the data for tables 2.1 and 2.2 for further Statistical methods for further discussion ofthe Atlas * Gross national product (GNP) is the sum of value discussion on the measurement of population and method. Note that growth rates are calculated from added by all resident producers plus any taxes (less population growth. data in constant prices and national currency units, subsidies)that are not included in the valuation of out- Land area is particularly important for under- not from the Atlas estimates, put plus net receipts of primary income (employee standing the agricultural capacity of an economy and Because exchange rates do not always reflect compensation and propertyincome)from nonresident the effects ofhuman activityontheenvironment. See international differences in relative prices, this table sources. Data are in current U.S. dollars converted tables 3.1-3.4 for other measures of land area, rural also shows GNP and GNP per capita estimates that using the World Bank Atlas method (see Statistical population density, land use, and productivity. Land are converted into international dollars using pur- methods). Growth is calculated from constant price area differs from other measures of geographic size chasing power parities (PPPs). PPPs provide a stan- GNP in national currency units. * GNP per capita is such as surface area, which includes inland bodies dard measure of real price levels between countries, gross national product divided by midyear population. of water and some coastal waterways, and gross just as conventional price indexes calculate real val- GNP per capita in U.S. dollars is converted using the area which may include offshore territorial waters. ues over time. The PPP conversion factors used here World Bank Atlas method. Growth is calculated from Recent innovations in satellite mapping techniques are derived from the most recent round of price sur- constant price GNP per capita in national currency and computer databases have resulted in more pre- veys-covering 118 countries-conducted by the units. * GNP PPP is gross national product converted cise measurements of land and water areas. International Comparison Programme (ICP). The sur- to international dollars using purchasing power parity GNP, the broadest measure of national income, veys, completed in 1996, are based on a 1993 refer- rates. An international dollar has the same purchas- measures the total domestic and foreign value added ence year. Estimates for countries not included in the ing power over GNP as the U.S. dollar in the United claimed by residents. GNP comprises GDP plus net survey are derived from statistical models using avail- States. All ranks are calculated for economies report- receipts of primary income from nonresident able data. See About the data for tables 4.10 and ing data. sources. The World Bank uses GNP per capita in U.S. 4.11 for more information on the ICP and the calcu- dollars to classify countries for analytical purposes lation of PPPs. Data sources _ a r-,7=S Population estimates are prepared by World Bank staff from a variety of sources (see Data sources for Population and GNP in selected countries, 1996 table 2.1). Data on land area are from the Food and Agriculture Organization (see Data sources for table 3.1). GNP per capita is estimated by World Bank staff ip3rm _ J3r, _ based on national accounts data collected by World ,sx" Aueula I Bank staff during economic missions or reported by Un,redJ St ite .L_arlteo Siate_ 5e5urnr 8 .eagle um. national statistical offices to other international orga- Frar,-e *Franc _ S.eoi' * nizations such as the OECD. Data for high-income rJi ner In,a ; rur " iet,.rlz X I",r.a i ausUe13 i OECD economies come from the OECD. Purchasing united ,ngom ir,2e.Ji n& power parity conversion factors are estimates by Sp. a,- u-rP-. World Bank staff based on data collected by the Nr:.es necr.. . V.re; Fgp International Comparison Programme. 5ttelll,r, I AregEnuna 5 8,-mi _ Br:,i1 m Rus ;, n Fe-.-r 3w,on _ R9u}rin Feoeerbt,r U Chna Crr,na In].ei _ ~~~~~~~~~~~~~~Ind, a e -Note: !...... - 5, I ar., y 1 Sob,cF: E .,r 5;|i Frestimates. 1998 World Development indicators 1S S I~~.2 ~Quality of life Life expectancy Prevalence Sanitation Safe water Adult Commercial atxbirth of child illiteracy rate enemrgy use malnutrition % of % of 7 of 7crf ceople 7Of peop e kg of oi[ Male Femeale c[iridren popuiatr- peysiet on 15 eod 0bove 15 nclO aeyoc eqourva.ent years years under S with access a to eccess Male 'emnale Der capita 1996 ±1996 1990-96 ±995 1995 1995 1996 1995 Albania 69 75 ... .314 Algeria 68 72 10 . .26 51 866 Angola 45 48 35 16 32 89 Argentina 69 77 2 89 64 4 4 1,525 Armenia 69 76 .......444 Australia, 75 61 ..90 95 ...5,215 Austria 74 60 ..100 ...3.279 Azerbaijan 65 74 10 ... .1.735 Bangladesh 57 59 68 35 79 51 74 67 Belarus 63 74 ..100 ....2.305 Belgium 73 60 ..100 ... .5,167 Benin 52 57 24 20 50 51 74 20 Bolivia 59 63 1-6 44 60 10 24 396 B.osnia and Herzegovina 364 Botswana 50 53 27 55 70 20 40 363 Brazil 63 71 7 41 72 17 17 772 Bulgaria 67 75 ..99 2,724 Burkina Face 45 47 33 18 76 71 91 16 Burundi 45 48 38 - .51 78 23 Cambodia 52 55 368. 13 20 47 52 Cameroon 55 56 15 40 41 25 46 117 Canada 76 62 .. 5 100 . .7,679 Central African Republic 46 51 23 ..16 32 46 29 Chad 47 50 ..21 24 36 65 16 Chile 72 76 1 83 ..5 5 1,065 China 66 71 16 21 90 10 27 707 *Hong Kong, China 76 61 ... .4 12 2,212 Colombia 67 73 6 63 76 9 9 655 Congo, Demn. Rep. 51 54 34 ...13 32 47 Congo, Rep. 49 54 24 9 47 17 33 139 Costa Rica 75 79 2 ...5 5 564 Obte dIlvoire 53 55 24 54 72 50 70 97 Croatia 66 77 ..68 96 1,435 Cuba 74 76 6 66 9.3 4 5 049 Czech Republic 70 77 1 ......3.776 Denimark 73 768. 100 100 ...3,916 Dominican Republic 69 73 6 78 71 16 16 4866 Ecuador 67 73 17 64 70 6 12 553 Egypt, Arab Rep. 64 67 9 11 64 36 61 596 El Salvador 66 72 11 68 55, 27 30 410 Eritrea 54 56 41 . Estonia 63 76 ......3,454 Ethiopi'a 46 51 46 .10 27 55 75 21 Finland 73 61 ,.100 100 ...5,613 France 74 62 ..96 100 ...4,150 Gabon 53 57 15 76 67 26 47 587 Gambia. The 51 55 17 37 76 47 75 55 Georgia 69 77 ... .. .342 Germany 73 60 . 100 ... .4,156 Ghana 57 61 27 27 56 24 47 92 Greece 75 61 ..96 ... .2,266 Guatemala 64 69 33 66 60 36 51 206 Guinea 46 47 24 70 62 50 76 64 Guinea-Bissau 42 45 23 20 23 32 56 37 Haiti 54 57 26 24 28 52 56 50 Honduras 65 69 16 62 65 27 27 236 16 1989 World Deeelopmnent Indicators 1.20 Life expectancy Prevalence Sanitation Safe water Adult Commercial at birth of child illiteracy rate energy use malnutrition % of % of % of % of people % of people kg of oil Male Femnale children population population 15 and above 15 and above equivalent years years under 5 with access with access Male Female per capita 1996 1996 1990-96 1995 1 1995 1995 ±995 1995 Hungary6 57 5 ..94 2,454 India 62 63 66 29 81 35 62 260 Indonesia 63 67 40 51 62 10 22 442 Iran, Islamic Rep. 69 70 16 22 34 1,374 iraq 60 63 12 67 44 29 5 51,206 Ireland .... . 74 79.. ... 100 ' .. I......... . 3,196 Israel 75 79 . 70 99 3,003 Ital 75 81 . 100 2,821 Jamaica 72 77 10 74 70 19 11 1,191 Japan ... 7 7..83 ....3 85 ........ .~3,964 Jordan 69 72 10 100 89 721 1,031 Kazakhstan 60 70 1 ....3,337 Kenya 57 60 23 77 53 14 30 109 Korea. Dem. Rep. 6 6 . ....... 0 10... .. 3 1,113 Korea,Rp 69 76 100 89 13 3,225 Kuwait 74 79 6 100 18 25 9,381 K~yrgyz Republic . . .... 62 . .71 ........ . .... 53 . .75 . . . ..... ....... 513 Lao PDR 52 54 40 19 39 31 56 40 Latvia 63 76... 1,471 Lebanon 68 71 9 10 201120 Lesotho 57 60 21 652 19 38 Libya 66 70 5 90 12 37 3,129 Lithuania 65 76... 2,291 Macedonia, FYR 70. .74 .... .. ... .:.... .... 11,308 Madagascar 60 32 329 36 Malawi 43 43 28 53 45 28 58 38 Malaysia 70 74 23 91 88 11 22 1,655 Mali 48 52 31 31 37 61 77 21 Mauritania 52 55 48 50 74 102 Mauritius 68 75 15 100 98 13 21 388 Mexico 69 75 14 66 83 813 . 1,456 Moldova 64 71 50. 963 Mongolia 64 67 12 1,045 Morocco 64 68 10 40 52 43 69 311 Mozambique 44 46 47 - 21 32 42 7 738 Myanmar 58 61 31 41 38 11 2 250 Namibia 55 5 7 26 34 Nepal 57 57 49 20 48 59 86 33 Netherlands 75 80 100 100 4,741 New Zealand 73 79.... 4,290 Nicaragua 65 70 24 31 61 35 33 265 Niger 44 49 43 15 53 79 93 37 Norway 75 81 100 5,439 Oman 69 73 14 79 ,8 Pakistan 62 65 40 30 60 50 7 6243 Panama 72 76 7 87 83 910 678 Papua New Guinea 57 58 30 22 28 19 37 232 Paraguay 68 74 . 430 7 9308 Peru 66 71 11 44 60 617 421 Philippines 64 68 30 ..5 6 307 Poland 68 77 71 00 2,448 Portuga 72 79 .. 10 1,939 Puerto Rico 7180 ...1,993 Romania 65 ...... 73 6 .. .49 . . .. .. ... 1,941 Russian Federation. 60 ....73 3 ... .. . .. ...4.079 1998 World Development Indicators 17 01.21. Life expectancy Prevalence Sanitation Safe water Adult Commercial at birth of child Illiteracy rate energy use malnutrition % of % of ocf % of people %of peoip.e kg ofoil Male Female ch Idren population population 15 and above 15 and above equivalent years years Loder 5 with access with access Male Femnale per capita 1996 1996 1990-96 1995 1995 1995 1995 1995 Rwanda 39 42 29 ..30 48 33 Saudi Arabia 69 71 86 93 29 510 4,360 Senegal 49 52 22 58 50 57 77 104 Sierra Leone 35 38 29 11 34 55 82 72 Singapore 74 79 14 97 100 4 14 7,162 Slovak Republic 69 77 ..51 ...3,272 Slovenia 71 78 . 90 ... .2,806 South Africa 62 68 9 46 70 18 18 2.405 Spain 73 81 ..100 99 ...2,639 Sri Lanka 71 75 38 ...7 13 136 Sudan 53 56 34 22 50 42 65 65 Sweden 76 82 100 ..5...3736 Switzerland 75 82 ..100 100 ...3,571 Syrian Arab Republic 66 71 ..78 85 14 44 1.001 Tajikistan 66 72 ..62 ....563 Tanzania 49 52 29 86 49 21 43 32 Thailand 67 72 13 70 81 4 8 878 Togo 49 52 25 22 ..33 63 45 Trinidad and Tobago 70 75 7 56 82 1 3 5,381 Tunisia 69 71 9 ...21 45 591 Turkey 66 71 10 94 92 8 281,0 Turkmenistan 62 69 ..60 85 ,..3.047 Uganda.43 43 26 57 34 26 50 22 Ukraine 62 73 ..49 97 ...3.136 United Arab Emirates 74 76 7 95 98 21 20 11,567 United Kingdom 74 80 ..96 100 3.786 UJnited States 74 80 ..85 90 ...7,905 Uruguay 70 77 4 82 83 3 2 639 Uzbekistan 66 72 4 18 ... .2,043 Venezuela 70 76 5 58 79 8 10 2,158 Vietnam 66 70 45 21 36 4 9 104 West Bank and Gaza... Yemen, Rep. 64 54 30 51 52 192 Yugoslavia, FR (Serb./Mont.) 70 75 ..100 ... .1.125 Zambia 44 45 29 23 43 14 29 145 Zimbabwe 55 57 16 58 74 10 20 424 Low income 62 64 ..28 76 24 45 393 Exci. China & India 55 58 ..36 51 36 55 132 Middle income 65 71 ..60 ..14 22 1.488 Lower middle income 64 70 ..58 ..14 25 1,426 Upper middle income 66 73 ..64 76 13 16 1,633 Low & middle income 63 67 ..37 76 21 39 762 East Asia & Pacific 67 70 ..29 84 9 24 657 Europe & Central Asia 64 73 ... .2,690 Latin America & Carib. 66 73 57 73 12 15 969 Middle East & N. Africa 66 68 ...28 50 1,178 South Asi'a 61 63 ..30 78 38 64 231 Sub-Saharan Africa 51 54 ..37 45 34 53 236 High income 74 81 ..92 ..,v5,123 a. UNESCO estimates iliteracy to be lees than 5 percent. 18 1998 World Developwnent Indicators 1.2 The indicators in this table provide an overview of (access to safe water and sanitation), 2.16 (child * Life expectancy at birth is the number of years a the conditions in which more than 5 billion of the malnutrition), 2.17 (life expectancy), and 3.7 (corn- newborn infant would live if prevailing patterns of mor- world's people live. Although not perfectly correlated mercial energy use). tality at the time of its birth were to stay the same with income or consumption per capita, they tend to Literacy is difficult to define and to measure. The throughout its life. * Prevalence of child malnutri- tell a common story: on average, the residents of definition here is based on the concept of functional tion is the percentage of children under 5 whose poor countries enjoy fewer amenities, lack basic literacy-the ability to use reading and writing skills weight by age is less than minus two standard devia- skills, and suffer higher rates of illness and, conse- effectively in the context of the society. To measure tions from the median of the reference population. quently, live shorter lives. These indicators comple- literacy using such a definition requires census or * Access to sanitation is the percentage of the pop- ment those in table 1.3, which measure progress sample survey measurements under controlled con- ulation with excreta disposal facilities that can effec- toward international goals for social and economic ditions. In practice, many countries estimate the tively prevent human, animal, and insect contact with development. number of illiterate adults from self-reported data or excreta. Suitable facilities range from simple but pro- Except for the adult illiteracy rate, all of the indi- from estimates of school completion. Because of tected pit latrines to flush toilets with sewerage. To be cators shown here appear elsewhere in the World these problems, comparisons across countries- effective, all facilities must be correctly constructed Development Indicators. For more information and even over time within countries-should be and properly maintained. * Access to safe water is about them, see About the data for tables 2.14 made with caution. the percentage of the population with reasonable access to an adequate amount of safe water (includ- h3! ~ i ing treated surface water and untreated but unconta- minated water, such as from springs, sanitary wells, Women tend to live longer than men and protected boreholes). In urban areas the source Mv- r.- ,*r.-r.n-: , [,,r,, rfl I l may be a public fountain or standpipe located not more than 200 meters away. In rural areas the defin- ition implies that members of the household do not have to spend a disproportionate part of the day fetch- ing water. An adequate amount of safe water is that needed to satisfy metabolic, hygienic, and domestic < ^ ^ J3pan requirements-usually about 20 liters a person a day. The definition of safe water has changed over time. l Adult illiteracy rate is the percentage of adults aged 15 and above who cannot, with understanding, read F,,F i-an Feaerd3l.an and write a short, simple statement about their every- -41 day life. * Commercial energy use is measured by indigenous energy production (from all commercial sources) plus imports and stock changes less exports and international marine bunkers, stated in kilograms of oil equivalents per capita. " -' '' '" 1., ' Data sources Source: Li rl.] ,,,> 1;, - 1.; -1 The indicators here and throughout the rest of the Tnis figure plots male against femle lile expeclarnc lID 148 econorrne Mosb obsersations lie below the 45 book have been compiled byWorld Bank stafffrom pri- degree line. reflecting women s longer Ire ekpectaric.es Obiersalmons near the line maw ind,cale bhat women in mary and secondary sources. For most of the indica- Tnese countriles lack access to adequate healin care or receuse less than an equmtaule snare ci other esaolCr S. In the Russ,an Federation and otler states of The tormer Soiler Unon. howe-er. the large ,gap between men and tors shown in the tables in this section, the sources women Is the result of a recent drop in male llte expecirancs. are cited in the notes to the tables referred to in About the data. Data on illiteracy are supplied by the United Nations Educational. Scientific, and Cultural Organization and published in its Statistical Yearbook (see Data sources for table 2.9). 19Ss World Development Indicators 19 a, ~1.3 Development progress Private Net primary enrollment Infant Under-5 MaternalI Health consumption ratio mortality rate mortality rate mortality care per capita ratio annual average growth %of relevant % of relevant pe: %of 1980-96 age group age group per 1,000 10M0,00 population distribution Male Female no births per 1,000 ven oirtns with access uncerrected corrected 1980 1999 1980 1999 19710 1996 1970 1896 1990-96 1993 Albania .. . . 95 .. 97 06 37 .. 40 28 Algeri'a -1.9 -1.2 91 99 71 91 139 32 192 39 140 Angola -7.4 ... . 178 124 .. 209 1.500 24 Argentina . ..52 22 71 25 100 Armenia -5.4 . ... ..... 16 .. 20 21 Australia 1.6 1.1 100 98 100 98 18 6 .. 7 9 3100 Austria 2.0 1.5 99 100 98 100 26 5 . 6 10 100 Azerbaijan .. . . . . . . 20 .. 23 44 Bangladesh 0.0 0.0 ~ 66 .. 58 140 7 7 237 112 850 ~74 Belarus -4.5 -3.5 .. 97 .. 94 .. 13 . 17 22 100 Belgium 1. 7 1.3 97 98 98 98 21 7 .. 7 10 100 Benin -0.8 . .. 74 .. 43 148 87 256 140 500 42 Bolivia -0.7 -0.4 84 .95 7 4 8 7 153 67 243 102 370 Bosnia anc Herzegovina 59 19 Botswana 5. 9 .. 69 94 82 99 9 5 5 6 146 85 250 86 Brazil 0.0 0.0 ...... .. .. 95 36 135 42 160 Bulgaria -0.7 -0.5 96 98 96 96 27 16 .. 20 20 100 Burkina Faso 0.0 .. 18 37 1 4 11 98 278 158 930 Burundi -0.8 .. 23 56 16 48 138 97 233 176 1,300 80 Cambodia . .. . .. . .. 161 105 .. 170 900 Cameroon -2.5 .. . . . . 126 54 215 102 550 15 Canada 1.3 0.9 96 .. 94 19 6 .. 7 6 99 Central African Republic -2.4 .. 73 65 41 43 139 96 238 164 700 13 Chad -0.4 .. . . . . 171 115 .. 189 900 26 Chile 3.2 1.4 .. 87 .. 85 77 12 97 13 180 95 China 7.7 4.5 99 98 69 33 115 39 115 Hong Kong, China 5.3 .. 95 90 96. 92 19 4 23 6 7 Colombia 1.3 0.6 74 25 113 31 100 87 Congo, Dem. Rep. -4.2 ..71 50 131 90 245 144 .. 59 Congo, Rep. -0.4 .. 99 .. 93 .. 101 90 .. 145 890 Costa Rica 0.7 0.4 89 86 90 87 62 12 85 15 55 97 C6te d Ivoire -2.6 -1.6 . .. . .. 135 84 237 150 600 60 Croatia .. . . 83 . 82 .. 9 . 10 12 Cuba .. .. 95 .99 95 99 39 8 43 10 36 100 Czech Republic 9.. 98 21 6 .. 7 7 Denmark 1.6 1.2 96 98 95 99 14 6 6 9 100 Dominican Republic 0.6 0.3 .. 79 .. 83 98 40 127 47 110 Ecuador -0.2 -0.1 .. 91 .. 92 100 34 140 40 150 80 Egypt, Arab Rep. 2.0 1.3 .. 95 .. 82 158 53 235 66 170 99 El Salvador 2.8 1.4 .. 78 .. 80 103 34 161 40 300 Eritrea .. . . 33 .. 30 .. 64 .. 120 1,400 Estoni'a 7.8 4.7 .. 93 .. 94 20 10 .. 16 52 Ethiopia -1.7 . .. 28 .. 19 .158 109 239 177 1,400 55 Finland 1.4 1.1 .. 99 99 13 4 .. 5 11 100 France 1.7 1.1 .. 99 99 18 5 . 6 1 Gabon -4.9 ..138 87 .. 145 500 87 Gambia, The 0.5 .. 66 64 34 46 185 79 .. 107 1, 100 Georgia .. 81 . 82 .. 17 . 19 19 Germany .. . . 100 .. 100 23 5 .. 6 22 Ghana 0.1 0.1 . .. . .. 111 71 187 110 740 25 Greece 1.9 .. 103 98 103 98 30 8 .. 9 10 Guatemala -0.4 -0.1 . .. . .. 106 41 168 56 190 60 Guinea 0.9 0.5 . .. . .. 181 122 .. 210 880 45 Guinea-Bissau -1.0 -0.4 63 .. 31 .. 185 134 .. 223 ~910 Haiti -0.8 .. 38 25 37 26 141 72 221 130 600 45 Honduras -0.3 -0.1 78 89 78 91 110 44 170 50 220 62 20 1998 World Development Indicators 1.30 Private Net primary enrollment Infant Under-5 Maternal Health consumption ratio mortality rate mortality rate mortality care per capita ratio annual average growth % of relevant 5 of relevant per % of 1980-96 age group age group per 1,000 100,000 population distribution Male Female live births per 1,000 live births with access uncorrected corrected 1980 1.995 1980 1995 1970 1 996 1970 1996 1990-96 1993 Hungary 1.4 1.0 94 92 95 94 36 11 . 1314 India 2.3 1.6 .... .. . .. .... 137.. .65 .... 202 85.. 4378 Indonesia 4.3 2.8 93 99 83 95 118 49 172 60 390 43 Iran, Islamic Rep 0'0 -....... .. ::................... .. .. 131. 36 ..... 191 .. .. 37. 120 .... 73 Iraq 100 83 94 74 102 101 123 136 310 ..... 98 Ireland .28.8 1:.8 100 100 100 100 20 5 7 10 Israel 3.3 2.1. . .. 25 6 897 10 Ital 2.2 1.5 30 67 12 Jamaica 3.8 2.2 95 100 97 100 43 12 64 14 120 Jap29 100 100 100 100 13 ......4 ........ .6 *.....8 100 Jordan -1.2 -0:7 94 ...I .89 ....9 1 89 .... 30 107 35. 150 90 Kazakhstan . . . . . 25 . 30 53 Kenya ~~~0.9 0.4 92 . 89 102 57 .... 156 90.....g 650... .... Korea, Dem. Rep. . .. . .. .51 5.. 45 100 Korea, Rep. 7.1 . 100 98 100 99 46 9..... 55 11 .. 30 100 Kuwait -5.5 . 89 65 80 6 5 48 1 1 54 14 18 100 Kyrgyz Republic .. 99 9.. 26 36...32 Lao PDR .......O...P. ..... 75 . 61 146 101 .. 140. 650 Latvia 86 82 21 16 . 18 15 Lebanon . .. 50 31 .. 36 30 Lesotho -2.8 -12 54 60 78 71 14 7 90 13 60 80 Libya.. . 100 98 100 96 122 25 30 220 100 Lithuani'a.. . .. . .. . 24 10 13 13 Macedonia, FYR . . .. ...... 86 . 84 ..1618 22 Madagascar .. .. -2.7 -0.2 181 8 135 ..... 660 65 Malawi -0.6 . 48 .100 38 100 193 13 347 217 620 80 Malaysia 3.3 1.7 .. ....... 91 92. 45. 11 ...... .. 14. 34. 88 Mali -1.1 .. . 30 19 204 120 . 220 580 Mauritania .... -0.4 -.792 . . 6 455 148 94 . 155 800 Mauritius 5.4 So 8 96 79 96 60 17 83 20 112 99 Mexico -0.3 -. . . 72 3 1 36 110 9 Moldova . 20 . 24 33 Mongolia . 78 . 81 102 53 . 71 6 0 Morocco 1.7 1:.0 75 81 47. 62 ... 128 53. 187 67. 372 62 Mozambique -1.7 . 39 45 33 35 171 123 281 214 1,500 30 Myanmar 128 80 19 19 50 Namibia -0.6 .. . 118 61 92 220 Nepal 5 2 3:3....... ........ . .... ...... 166 85. 232 116 1,500 Netherlands 1.5 1.1 91 99 94 99 13 5 6 12 100 New Zealand 0 9 100 100 100 100 17 6 7 25 100 Nicaragua -2.7 -1.3 96 82 100 85 106 44 165 57 160 Niger -6.3 -4.0 .. ...2. ..........3 18 170 118... 593 30 Nigeria -3.0 -17 139 78 . 130 1,000 67 Norway 1.5 1.1 98 99 98 99 13 4 .. 6 6 100 Oman.. . 54 72 31 70 119 18 . 20 . 89 Pakistan 1.5 1:.1 .. ... .... ..... 142 88.. 183 123. 340 85 Panama 1.9 0.8 88 91 89 92 47 22 68 2 555 82 Papua New Guinea -0.4 -0.2 . . 112 62 . 85 930 96 Paraguay 2.0 0.8 90 89 88 89 55 24 76 45 190 ,Peru -0.9 -0.5 . 91 . 90 108. 42 178 58 280 Philippines 0.8 0.4 95 92 . 66 3 82 44 208 Poland 0.6 0.4 98 97 98 96 33 12 . 15 10 100 Portugal 2.9 . 97 100 100 100 56 7 . 8 15 Puerto Rico 2-1 . . . . . 29 1 34 14 Romania 0.0 0.0 . 92 . 92 49 22 28 .. 28 . 41 Russian Federation .. 100 100. 17 . 55 l998 World Development Indicators 21 1.3 Private Net primary enrollment Infant Under-5 Maternal He.al.th consumption ratio mortality rate mortality rate mortality cr per capita ratio annua average growth % of relevant % of re evant Der % of 1980-96 age group age group Der 1,000 100 000 Population distribution Male Femnale lve births pe, 1.000 [ive b rths w th access uncorrected corrected 1980 1.995 .1980 1995 1.970 1996 1970 1996 1990-96 1993 Rwanda -1.8 -1.3 62 76 57 76 142 129 209 205 1,300 Saudi Arabia . .. 60 63 37 61 119 22 .. 28 18 98 Senegal -1.0 -0.5 44 60 30 48 135 60 279 88 510 40 Sierra Leone -2.4 -0.9 . .. . .. 197 174 360 284 1,800 Singapore 4.9 - . 100 .. 99 .. 20 4 25 5 10 100 Slovak Republic -3.2 -2.5 . ... .. 25 11 .. 13 8 Sloveni'a .. . . 100 .. 99 24 5 ..6 5 South Africa -0. 1 0.0 .. 95 .. 96 79 49 .. 66 230 Spain 2.3 1.6 100 100 100 100 28 5 .. 6 7 Sri Lanka 2.6 1.8 . .. . .. 53 15 100 19 30 90 Sudan -1.9 .. . . . . 118 74 176 116 370 70 Sweden 0.7 0.5 .. 100 .. 100 11 4 .. 5 7 100 Switzerland 0.6 0.4 .. 100 .. 100 15 5 .. 6 6 100 Syrian Arab Republic 0.4 .. 99 95 80 87 96 31 128 36 179 99 Tajikistan .. . .. . 32 .. 38 74 Tan,zania.. 47 .. 48 129 86 ~218 144 530 93 Thailand 5.6 3.0 . .. . .. 73 34 .102 38 200 59 Togo -0.9 . .. 98 .. 72 134 87 .. 138 640 Trinidad and Tobagn -1.2 .. 89 83 91 94 5,2 13 55 15 90 99 Tunisia 0.8 0.5 92 98 72 95 121 30 201 35 .. 90 Turkey -1.3 . .. 98 .. 94 144 42 201 47 180 100 Turkmenistan .. . . . . . . 41 .. 50 44 Uiganda.1.7 1.0 . .. . .. 109 99 .. 141 550 71 Ukraine . .. . ... .. 22 14 .. 17 30 100 United Aralb Emirates -0.6 . 72 84 75 82 87 15 83 17 .. 90 United Kingdom 2.6 1.7 100 100 100 100 19 6 .. 7 9 United States 1.8 1.1 95 96 96 97 20 7 .. 8 12 Uruguay 3.1 . .. 95 .. 95 46 18 56 22 85 Uzbekistan .. . . . . . . 24 .. 35 24 Venezuela -0.7 -0.4 .. 87 .. 90 53 22 62 28 200 Vietnam .6104 40 .. 48 105 West Bank and Gaza Yemen. Rep. 186 98 .. 130 1,400 Yugoslavia, FR (Serb./Mont.) . .. . 69 .. 70 54 14 .. 19 12 Zambia -4.0 -2.1 81 78 73 76 106 112 181 202 230 75 Zi mbabwe 0.6 .. 100 . 100 .. 96 56 137 86 280 Low income 3.6 2.6 . .. . .. 113 68 .. 94 Excl. China & India -0.8 .. . . . . 139 88 .. 131 Middle income 1.2 ..94 37 45 Lower middle income 1.6 ..102 40 .. 49 Upper middle income 0.3 0.1 76 30 .. 36 Low & middle income 2.9 2.1 -. . . . 107 59 .. 80 East Asia & Pacific 6.8 4.0 .. 99 .. 98 79 39 47 Europe & Central Asia .. 97 .. 96 . 24 .. 30 Latin America & Carib. 0.1 0.0 84 33 .. 41 Middle East & N. Africa 0.6 ..134 50 . 63 South Asia 2.1 1.5 139 73 .. 93 Sub-Saharan Africa -1.6 . .. . 137 91 .. 147 High income 2.4 .. 98 98 98 98 22 6 .. 7 22 1998 World Development Indicators l~ ~ ~ ~ k~. -- a a 1.3 The indicators in this table are intended to measure * Growth of private consumption per capita is the progress toward the development goals for the 21st average annual rate of change in private consumption century proposed by the OECD's Development divided by the midyear population. See the definition Assistance Committee and discussed in the intro- of private consumption in table 4.9. * Distribution- duction to this section. The net enrollment ratio, corrected growth of private consumption per capita infant and child mortality rates, and the maternal is 1 minus the Gini index multiplied by the annual rate mortality rate are included in the set of monitoring of growth in private consumption. * Net enrollment indicators identified in Strategy 21. For further dis- ratio is the ratio of the number of children of official cussion of the monitoring indicators, see the intro- school age enrolled in school tothe numberofchildren duction to section 2 and About the data for the tables of official school age in the population. * Infant mor- in which the indicators appear. tality rate is the number of deaths of infants under one Estimates of the number of people living in poverty year of age during the indicated year per 1,000 live appear in table 2.7. The growth of private consump- births inthesameyear. * Under-5mortalityrate isthe tion per capita is included here as an indicator of the probability of a child born in the indicated year dying effect of economic development has on the welfare before reaching the age of 5, if subject to current age- of individuals. Positive growth rates are generally specific mortality rates. The probability is expressed associated with a reduction in poverty, but where the as a rate per 1000. * Maternal mortality ratio is the distribution of income or consumption is highly number of women who die during pregnancy and child- unequal, the poor may not share in the improvement. birth, per 100,000 live births. The relationship between the rate of poverty reduc- tion and the distribution of income or consumption, Data sources as measured by an index such as the Gini index, is complicated. But Ravallion (1997) has found thatthe The indicators here andthroughoutthe restofthe book rate of poverty reduction is directly proportional to have been compiled by World Bank staff from primary the "distribution-corrected rate of growth' of private and secondary sources. More information about the consumption. The distribution-corrected rate of indicators and their sources can be found in the About growth is calculated as (1-G)r, where G is the Gini the data, Definitions, and Data sources entries that index (0 = perfect equality, 1 = perfect inequality) and accompany each table in subsequent sections. r is the rate of growth in mean private consumption. In empirical tests covering 23 developing countries, Ravallion estimated that factor of proportionality to be 4.4, implying a growth elasticity of poverty reduc- tion of between 3.3 for a low Gini index of 0.25 and 1.8 for a high Gini index of 0.60. 199S World Development Indicators 23 1.4 Trends in long-term economic development Gross national Population Value added Private Gross Exports product lconsumption domestic of goods fixed and investment services average annual average annual[ % growth % growth average annua average annual average vacnua average average average per Labor % growth % growth % growth annual annu.al annua[ Tonal capita Tonal force Agricu[ture Induatry Services % grownh 8 growth % growth 1965-96 1965-96 1965-96 1965--96 1965-96 1965--96 1965-96 1965-96 1965-96 1965-96 Alban ia .. 1.8 .2.2 2.9 -6.1 -1.5 Algeria 3.9 0.9 2.7 3.5 5.0 2.6 5.0 5.5 2.7 2.2 Angola .. 2.4 1.9 . .. Argentina 1.2 -0.3 1.4 1.13 1024. .4. Armeni'a 2.0 0.3 1.7 2.3 . .. Australia 3.2 1.6 1.5 2.1 1.7 2.2 3.5 3.4 2.5 5.6 Austria 2.9 2.7 0.3 0.4 0.8 2.0 2.6 3.0 2.9 6.3 Azerbaijan ....1.6..2.1...._..6 2. Bangladesh 3.5 1.0 2.3 3.7 1.9 4.1 5.2 2.9 4.4 7.2 Belarus .. 0.6 .. 0.7 . .. Belgium 2.5 2.3 0.2 0.5 2.7 ... 2.6 1.7 5.2 Benin 3.1 0.1 2.8 2.2 37.7 3.1 3.1 2.6 ..3.7 Bolivia 1.8 -0.5 22.32.6 0.0 3.0 2.6 -3.1 0.8 Bosnia and Herzegovina. 0.7 1.1 Botswana 13.0 9.2 3.1 2.8 3.6 14.9 10.8 Brazil 4.6 2.4 2.0 3.1 3.5 4.6 5.4 4.6 1.7 8.6 Bulgaria -0.3 0..1 0.1 -0.1 -2.1 -0.4 1.5 -1.1 -4.9 -12.1 Burkina Faso 3.9 1.5 2.3 1.8 2.6 2.4 6.3 3.0 5.5 3.5 Burundi 4.0 1.6 2.2 2 .0 2.9 5.2 4.0 3.3 2.6 2.6 Cambodia .. 1.6 1.5 . .. Cameroon 4.3 1.4 2.7 2.2 3.2 7.2 3.8 3.4 1.0 7.1 Canada 3.3 2.0 1.3 2.3 1.2 2.4 4.1 3.5 4.3 6.0 Central African Republic 1.5 -0.8 2.2 1.5 1.7 2.3 1.0 1.7 2.1 1.0 Chad 1.6 -0.6 2.1 2 .0 1.3 1.4 2.9 ...1.4 Chile 3.3 1.6 1.6 2.2 3.7 2.9 4.3 2.8 3.8 8.0 China 85.5 6.7 1.7 2.0 4.3 11.0 11.1 7.6 10.5 11.1 Hong Kong, China i:51 . 5.6e 1.7 2.7 ... . 7.6 8.2 11.3 Colombia 4.4 2.1 2.2 3.2 3.4 4.5 4.9 4.1 4.8 5.7 Congo, Dem. Rep. . -0.5 . .35 .0 . 2.5 . 1.9 -2.3 -1.4 0.2 0.1 2.9 Congo, Rep. 4.9 1.9 2.8 2.5 2.6 7.4 5.0 3.8 ..6.5 Costa Rica 4.0 1.2 2.6 3.4 3.2 4.8 4.1 3.2 4.8 6.9 C6te dIlvoire 3.9 0.0 3.6 3.0 2.2 6.3 3.3 2.8 -0.4 5.3 Croatia ... 0.3 0.3 . .. Cuba ... 1.1 2.1 . .. Czech Republic ... 0.2 0.4 . .. Denmark 2.1 1.8 0 .3 0.8 2.3 1.9 2.3 1.7 0.4 4.5 Dominican Republic 4.7 2.3 2.3 3.2 3.1 5.8 5.2 4.7 6.5 5.9 Ecuador 4.9 2.2 2.6 3.0 3.5 6.5 4.9 4.4 3.2 7.4 Eypt, Arab Rep. . 6.4 4.0 2.2 3.0 2.8 6.8 9.2 5.3 6.2 5.5 El Salvador 1.3 -0.6 2.1 2.6 0.7 0.5 2.0 1.7 2.3 0.7 Estonia .... 04 0.5 . .. Ethiopia ... 2 .6 2.4 . .. Finland 2.8 2.4 0.4 0.6 0.3 3.0 3.3 2.8 1.1 4.8 France 2.7 2.1 0.6 0.7 1.9 0.9 2.7 2.9 2.0 5.6 Gabon 3.0 0.0 2.6 2.0 0.3 1.8 0.2 2.8 -3.1 5.7 Gambia, The 3.9 0.4 3.3 2.9 2.2 4.2 4.2 1.2 ..3.6 Georgia ... 0.6 0.8 . .. Germany ... 0.2 0.,4 .. Ghana 1.7 -0.9 2.5 2.5 1.2 0.4 3.6 1.3 0.6 -1.5 Greece 3.2 2.5 0.6 0.8 1.3 3.3 3.8 3.5 1.4 7.8 Guatemala 3.2 0.4 2.7 3.1 ... .3.3 2.2 2.1 Guinea ... 2.0 1.6...... Gui-nea-Bi'ssau 2.8 0.0 2.3 1.9 1.2 2.5 9.2 0.8 ..2.2 Haiti . . . . .0.9 -.1.1......1.7 ..3.6 Honduras 3.8 0.5 3.1 3.6 2.5 4.5 4.3 3.8 3.8 2.7 24 1998 World Development Indicators 40 1. 4 Gross national Population Value added Private Gross Exports product consumption domestic of goods fixed and Investment services average annual average annual % growth % growth average annual average annual average annual average average average per Labor % growt % growth % growth annual anneal annual Total capita Total force Agricultere Industry Services growth % growth % growth 1965-9e 1965-96 1965-96 1965-96 1.965-96 1965-96 1965-96 1965-96 1965-96 1965-96 Hungary 0.9 1.1 0.0 -0.3 2.6 ......1.8.2.6 .3.9 India ..4.5 2.3 2~.1 . 2.1 .. ... 28.8 54.4 55.5 .... 4.0 ....... 5.4 ... 6.1 Indonesia 67.7 . 4.6. 2~.0 ... 2..5 3.9 9~.1 .. ... 7.5... _.. 7:.1 .... 8.9 5.6 Iran, Ialamic Rep. 1.1 -2.0 ... 2.9 3.0 .......4:6 . 6 ..-02 0.3 3:6.... ... -14.4 .... -2.2 Iraq~~~~~~... .. -0.3 -.3..5 3.1 3 .1 Ireland 3.6 2.7 0.7 .. 0.8 ....3.. .1 .... .2.7 8.4 I....srael .. ... .. . 3.8. 1.3..59.....5.31.7 Italy 2.8 2.6 0.3 0.6 0 9 . 3:4'. 1.6 .......5.5 Jamaica 0.7 -~~~~~~~~~~~~~~~~~~~~.. 0.5 .. 1.2 .. 20.. 09. -0.2..... 2.2 2..... .0 -2.7.1.7 Japan 4.5 3.6 0.8 1.0 -0 1 4.6__ ...4~8.8 4.2, 4.7_ 7.7 Jordan 4.0 -0.3 4.2 4.3 7.0 59 4.35.2 5.4 8.6 Kazakhstan .1.0 116 Kenya 5.0 1.5 3.2 .. ....3.1 3.6. 5.8. 5.7 . .... 4:2.2 ... . 1.0 3.0 Korea, Dem. Rep.. . 1.9- 24 7. Korea Rep. 8.9 7.3 1.5 2.5 2:0... .... 13.8 .. 9!.0 ... 7:5....... 12-.1....... 16.1 KuwaitI.... ... ..0:.7 .... .-3 4.4 .. .. 3.8 ... ... 47 . .9.8 . ....-4~2 1.2 . .... 78 8... . ...8 5 ......-3.0 Kyrgyz Republic... 1.8 2.1 Lao PDR ...2.1 .... ..1.8 Latvia 2.1 1. 1 0.3 0. .4 -3 6 -5.6 0.3.........- Lebanon ... 1.8 2.4 Lesotho 5.9 3.3 2.3 2.0 -1:7 1 .. . 3.2 6.9 3:8.8.. ... 11.2 5.5 Libya 1.2 -2.9 3.6 3.6 Lithuania 0.7 0.8 Macedonia, FYR ! : Madagascar 0 7' -20 ... 2.6 .. 2.4. 1.5 -0.3 0.2 ......0.1 .. .. -0.7 Malawi 3.5 0.4 2.9 2.6. 2.5 3.8 4.6 2.7 -2.7 3.6 Malaysia 6.8 4.1 2.4 ... 2.9 3:7.7 .... . 8.5 7.0 6:.1 ... ... 9.9.. .9.5 Mali 2.9 0.5 2.3 2.0 .. 3.2 .. ....2.9' 2.2 . ... 2.6 . .... 62.2 ... 7.1 Mauritania 1.9 -0.6 2.4 2.0 0.9 2.1 2.4 3.4 1.2 2.8 Mauritius 5.2 3.9 1.3 2.4 -0 .3 7 6 70 5.0 .......4.1 ........5.6 Mexico 4.1 1.5 2.4 3.3 23.3. 46.6 4.2 3.7 ... 3.8 7.9 Moldova.. . 0.8 0.8... Mongolia........ 2.6 2.7 . Morocco 4.4 2.1 2.2 3.3 2.8 4.1 5.7 4!0~. 4:6 .......5.0 Mozambique ...2.4 2.0.... 04 4 ...... .... Myanmar 2.0 2.0 .Namibia.. 3.3 0.5 2.5 2.1 1.0 1.2 14.4 2:1_ 1.6. 2.3 Nepa 3.6 1.0 2.4 2.0 2.2 Netherlands 2.6 1.9 0.7 1.5 4.1 1.3 .. 2.5 ... 2.7 .. ... 1.3 ...... .~5 0 New Zealand 1.7 0.7 .1.0 ... ...1.8 ... ... 3.5 ..... 1.0 1.. . 8. 1 815 2 3 4.0 Nicaragua -1.3 -4.2 2.9 3.4 0.2 0.1 -0.7 ... -1-.0 .. 0.. 2...... -0.4 Niger .... ... .... 02.2 -2.8 29.9 2.7 -0.1 5~.0 .. -0.4 0.3 ... .. .. -0.6 Nigeria .. -3.1 0.1 2.8 2.6 1.4 4.43 6.0 3.4 -2 . .5. 2.2 Norway 3.5 3.0 0.5 1.2 1.2 3.6 2.52.8 1.9... 5.3 Oman 9.5 5.0 3.9 3.6 . .. Pakistan 5.9. 27.7 . .. 2.9 .. 3.4 4.0 .. ....68.8 . 6.3 5.2 . ...... 4.5. .. 6 4 Panama 3.1 0.8 2.2 2.8 2.2 2.1 2.2 3.9 2.8. 2.6 Papua New Guinea 2.9 0.6 2.2 2.0 2.7 6.3... 24.4 3.0 .......1.3~ .. 7.4 Paraguay 5.1 2.1 2.8 3.3 4.5 5.5 5.8 5.9 4.9 8.6 Peru 2.1 -0.4 2.3 2.9 ..19 2.0 1.7 Philippines 3.5 0.9 2.5 2.8 2.4 3.6 3.93.7 4.5 6.3 Poland 1.2 0.7 0.6 0.7 . .. 1.1 1.5 6.0 Portugal 3.5 3.1 -0.3 1.1 . .... ... 3.4. 29.9 5.4 Puerto Rio2.5 1.2 1.2 2.0 1.7 4.3 3.2 2.8 1.4 4.4 Romania 0.3 0.0 0.5 0.0...... Russian Federation 3.3 1.7 0.5 0.8 1998 World Development Indicators 25 o ~1.4 Gross national Population Value added Private Gross Exports product consumption domestic of'goods fixed and investment services average annual average annual ft growth ft growth average annual average annual average annual average average average per Labor % growth ft grovqn % growth anrnua arnou annual Total capita Total force Agriculture Industry Serv ces % growth % growtn hk growth 1.965-96 1965--96 1965--96 1.965--96 1965-96 1,965-96 1965-96 1.965-96 1965-96 1965-96 Rwanda 2.9 0.1 2.3 2.7 2.7 2.1 4.4 3.2 6.9 3.5 Saudi Arabia 2.0 -3.0 4.4 4.9 7.6 3.4 4.9 Senegal 2.3 -0.5 2.7 2.4 1.3 3.9 2.4 2.2 3.0 3.2 Sierra Leone 0.7 -1.4 2.0 1.6 3.2 -0.7 -0.2 -0.2 -7.5 -5.0 Singapore 8.3 6.3 1.8 3.0 -1.4 8.6 8.3 6.6 9.6 12.2 Slovak Republic .. . 0.6 1.3 . . Slovenia . 0 .6 0.8 . .. South Africa 2.4 0.2 2.1 2.2 2.2 1.7 3.1 3.2 1.6 1.4 Spai'n 3.0 2.4 0.6 1.1 ..2.9 2.7 7.2 Sri Lanka 4.7 3.1 1.5 2.1 2.8 4.8 5.3 4.0 7.9 Sudan 2.4 -0.4 2.5 2.7 2.4 2.4 3.1 4.2 .. -3.0 Sweden 1.8 1.4 0.4 0.9 0.7 1.4 1.8 1.4 1.0 4.4 Switzerland 1.7 1.3 0.6 1.0 ... . 1.8 2.3 3.8 Syrian Arab Republic 5.8 2.4 3.1J 3.3 4.4 8.4 6.7 3.8 -2.2 2.1 Tajikistan . 2.7 2.6 . .. Tanzania ... 3.0 2.8 . .. Thailand 7.3 5.0 2.1 2.6 4.1 9.7 7.4 6.3 9.1 11.2 Togo 2.3 -0.7 3 .0 2.4 3.1 2.9 1.5 2.8 -0.4 3.8 Trinidad and Tobago 1.5 0.3 1.2 1.8 -2.3 0.1 1.7 3.8 ..3.3 Tunisia 5.1 2.7 2.,1 3.1 3.9 6.2 5.0 5.9 4.5 6.9 Turkey 3.8 1.5 2.2 2.0 1.3 5.6 4.9 4.5 .. 11.0 Turkmenistan ... 2.8 3.0 Ugatnda.. . 2.8 2.5 Ukraine . 0.3 0.3 United rbEiae 3.8 -4.0 9.5 9.9 1. . United Kingdom 2.1J 1.9 0.2 0.5 ..2.5 1.7 4.0 United States 2.4 1.4 1 .0 1.6 4.0 1.7 2.5 3.0 2.3 5.5 Uruguay 0.8 0.2 0.5 0.9 1.4 1.2 2.2 1.7 0.2 5.6 Uzbekistan ... 2.5 2.8 . .. Venezuela 2.2 -0.8 2.8 3.6 2.8 1.4 2.7 2.6 1.8 1.2 West Bank and Gaza . .. .. .. Yemen. Rep. 3.1 3.4 Yugoslavia, FR (Sr.Mn.. . 0.7 0.7 .. Zambia 1.0 -2.0 2.9 2.6 1.7 1.0 0.9 0.3 -7.4 -1.0 Zimbabwe 3.5 0.4 3.0 2.9 1.5 1.3 4.3 7.1 0.7 4.4 Low income 5.3 3.1 2.0 2.2 3.1 7.5 6.1 A.6 6.9 5.9 Excl. China.& India. 3.1 0.4 2.5 2.6 ...... 3.0 Middle income 3.3 0.9 1.8 2.0 Lower mniddle income 3.4 0.8 -1.7 2.0 Upper middle income 3.2 1.2 1.8 2.3 2.8 3.2 4.1 ..1.2 6.1 Low & middle income. 3.8 .1.6 1.9 2.1 3.1 .. 3.9 East Asia & Pacific 7.4 5.5 1.8 2.1 4.1 9.7 8.3 6.7 9.4 8.8 Europe & Central Asia -0.6 -1.3 0.8 0.9 Latin America & Carib. 3.3 1.1 2 .1 2.8 2.7 3.3 4.0 4.0 2.0 5.2 Middle East & N. Africa 1.1 --1.8 2 .7 3.2 4.4 0.0 2.0 . South Asi'a 4.6 2.2 .2.2 2.4 2.8 5.5 5.6 4.1 5.3 6.2 Sub-Saharan Africa 2.7 -0.2 2.7 2.5 1.7 2.6 3.3 2.9 -1.1 2.1 High income 3.0 2.2 0.8 1.2 2.0 2.6 3.0 3.3 2.9 5.9 a. Oats are for GOP. 26 1998 World Development Indicators 1.4 The long-term trends shown in this table provide a view All the indicators shown here appear elsewhere in the * Average annual growth rates of gross national prod- of the relative rates of change of key social and eco- World Development Indicators. For more information uct, value added, private consumption, gross domes- nomic indicators over the past 31 years. Like all aver- about them, see About the data for tables 1.1 (gross tic fixed investment, and exports of goods and ages, they reflectthe general tendencybutmay disguise national product and GNP per capita), 2.1 (population), services are calculated from data in 1987 constant considerable year-to-year variation, especially in eco- 2.3 (labor force), 4.1 (value added by industrial origin), prices using the least-squares method. See Statistical nomic indicators. In viewing these growth rates, it may 4.8 (exports of goods and services), and 4.9 (private methods for more information on the calculation of be helpful to keep in mind that a quantity growing at 2.3 consumption). growth rates. * Gross national product is the sum of percent a year will double in 30 years, while a quantity value added by all resident producers plus any taxes growing at 7 percent a year will double in 10 years. (less subsidies) that are not included in the valuation of output plus net receipts of primary income (employee lb ~-,, compensation and property income) from nonresident sources. Growth is calculated from constant price GNP The world's 30 fastest-growing ... include many of the fastest-growing economies ... service sectors in national currency units. * GNP per capita is gross national product divided by midyear population. Average annual % growth of GNP per capita, s r. f value added in * Average annual growth of total population and labor 1965-96 force is calculated using the exponential endpoint Beiv.-na _ f method. * Labor force comprises all people who meet -irea. ReD _ c r-- a rab r; _ the International Labour Organization's definition of the Si.-rg--5re _U economically active population. * Value added is the hor,2 v,,;ng, Cnna ,..rne3 F-o - iha- . m m _ir,ngar, , net output of a sector after adding up all outputs and urnan m rdo'-5 subtracting intermediate inputs. It is calculated without rev 3 a _ rT 31 , _ _ Mel ay'.a m r.,ai ,i 5_ making deductions for depreciation of fabricated E5pr -Aoo Rer, KI3iu _ _ assets or depletion and degradation of natural Japan _,r. jr, rAb P030121i _ resources. The industrial origin of value added is deter- Le otr,u F3 iv.rs 3 mined by the International Standard Industrial Sr, LanT a *_ BS ,n u i Fr Putrum - _ n -, _ _ Classification (ISIC), revision 2. * Agriculture is the Nor hi, Pa- 3tu3 _ value added of SIC majordivisions 1-5. * Industry is Tur,,T,a vr,3_ 1,-Iar1 * the value added of [SIC division 10-15. * Services is P.,i1js3r * _ tauCAl Ar :I , 3_ the value added in SIC divisions 15-37. * Private con- AN,sin3 *inm N%3.3 fI.al, *E, sumption is the marketvalue of all goods and services, Grrcce m* Sr L mro.3 _ including durable products, purchased or received as Friand *_ u! Er wigi ae irm S.7-3r, raPFtupl, 0c.,mrr,p. m income in kind by households and nonprofit institu- oraaf _ r.,,,, *., i _ * tions. It excludes purchases of dwellings but includes Spa,n E E.o: m eici6urn - , m imputed rent for owner-occupied dwellings. * Exports 1.am^-,n,n Permrwr. *- s nran2c,3 _ of goods and services isthe value of all goods and mar- ino,, * m- Eruyic, m.ii;. Ja .r. ket services provided to the rest of the world. - : * loo0 2 4 6 8 10 12 Data sources Source: Worid Bank staff estimates. Source: World Bank staff estimates. The indicators here and throughout the rest of the book have been compiled by World Bank staff from primary and secondary sources. More information about the indicators and their sources can be found in the About the data, Definitions, and Data sources entries that accompany each table in subsequent sections. 1998 World Development Indicators 27 O ~1.5 Long-term structural change Agriculture Labor force In Urban Trade Central Money value added agriculture population government and quasi revenue money %of total % of total % of GDP labor force population % of GDP % of GDP % of GDP 1970 ±.996 1970 1990 1970 1996 1970 1996 1970 1996 1970 1996 Albania 55 66 55 32 38 52 21 47 Algeria 11 13 47 26 40 56 51 56 51 22 Angola 7 78 75 15 32 118 Argentina 10 6 16 12 78 88 10 19 0 13 21 19 Armenia .. 44 27 18 59 69 86 6 Australia 6 4 8 6 85 85 29 42 21 25 44 63 Austria 2 15 5 6 07 28 36 53 91 Azerbaijan 23 35 31 50 5662 9 Bangladesh 55 30 81 65 8 19 21 38 36 Belarus 16 35 20 44 72 96 .1 Belgi'um 3 1 5 3 94 97 101 140 35 45 44 82 Benin 36 38 81 64 17 39 50 57 10 23 Bolivia 20 .. 55 47 41 61 49 47 18 15 45 Bosnia and Herzegovina 50 11 27 42 Botswana 28 4 82 46 8 63 71 84 20 43 25 Brazil 12 14 45 23 56 79 14 15 0 17 26 Bulgari'a 10 35 13 52 69 .. 127 34 54 Burkina Faso 35 35 92 92 6 16 23 41 ...8 22 Burundi 71 57 94 92 2 8 22 19 .. 13 9 18 Cambodia .... 51 79 74 12 21 14 69 ..10 Cameroon 31 40 85 70 20 46 51 32 13 14 13 Canada 8 3 76 77 43 73 19 21 37 62 Central African Republic 35 56 89 80 30 40 74 41 ..15 23 Chad 47 46 92 83 12 23 54 72 11 9 18 Chile 7 .. 24 19 75 84 29 55 29 22 12 36 China 34 21 78 72 17 31 5 40 6 101 Hong Kong, China .. 0 4 1 88 95 181 285 166 Colombia 25 16 41 27 57 73 30 37 11 16 18 20 Congo, Dem. Rep. 15 64 75 68 30 29 35 68 11 5 8 2 Congo, Rep. 18 10 66 49 33 59 93 164 22 17 14 Costa Rica 23 16 43 26 40 50 63 91 15 26 19 36 C6te dIlvoire 32 28 76 60 27 44 65 83 25 27 Croatia .. 12 50 16 40 56 .. 95 .. 45 - 29 Cuba . .. 30 18 60 76 Czech Republic 6 17 11 52 66 .. 117 .. 36 75 Denmark . .. 11 6 0 8 9 6 5 41 45 59 Dominican Republic 23 13 48 25 40 63 42 63 18 16 17 24 Ecuador 24 12 51 33 40 60 33 57 16 20 28 Egypt, Arab Rep. 29 17 52 40 42 45 33 46 37 34 75 El Salvador 40 13 57 36 39 45 49 54 10 11 20 37 Eritrea .. 10. 86 80 .. 17 .. 117 Estonia .. 7 18 14 65 73 .. 159 33 23 Ethiopia' . 55 91 86 9 16 .. 41 40 Finland .. 20 8 50 64 53 68 26 33 40 55 France .. ~ 2 14 5 71 75 31 45 33 41 41 67 Gabon 19 7 79 52 25 51 88 96 ..15 13 Gambia, The 33 28 87 82 15 30 66 132 16 16 25 Georgia .. 35 37 26 48 59 44 Germany .. 1 9 4 80 87 46 31 64 Ghana 47 44 60 59 29 36 44 65 15 18 15 Greece ..42 23 53 59 23 43 22 22 34 45 Guatemala .7 24 62 52 36 39 36 40 9 8 17 24 Guinea .. 26 92 87 14 30 41 9 Guinea-Bissau 47 54 89 85 15 22 34 42 0 Haiti .. 42 74 68 20 32 31 35 12 35 Honduras 32 22 65 41 29 44 62 100 12 19 27 28 1998 World Development Indicators 1.50 Agriculture Labor force In Urban Trade Central Money value added agficulture population government and quasi revenue money % of total % of total % of GDP labor force population % of GDP % of GDP % of GOP 1.970 1996 1.970 ±.990 1.970 1996 1.970 1.996 ±.970 1996 1970 1996 Hungary .... ....... . ... . ....7 25 . 15 49 . 65 .. _ 63 ... .. ..79 .. . .. . ... ..:....... .... 39 India..... ... 45 . ... 28 .... 71 .... .. 64 .... 20 .. .. .. 27 827....... 14 22 . .... 45 Iran, Islamic Rep. 25 44 3 42 60 . 36 .. 24 35 Iraq 47 . ... . .. .. .. ... I .. ... . .. .. .. . .. . . . . . . . 16 . ~.. .. 56 . 75....... .7 5 22 .... ... Ireland. 26 14 52 58 79 134 30 37 54 50 Israel 10 470 69 31 39 44 67 Italy 8 3 19 9 64 67 33 51 . 44 73 60 Jamaica 7 8 33 2 5 42 54 7 1 123 .. . 30 45 Japa6 2 20 ..... 7....... 71. 78 .......20 ..... 17 11 1:.. ...69 ill Jordan 12 5 28 15 51 7 2125 . 29 54 93 Kenya 33 29 86 80 10 30 60 70 17 24 27 41 Korea, Dem. Rep .. 55 38 54 62. Korea, Rep. 25 6 49 18 41 82 37 69 15 21 29 43 Kyryz Republic 52 36 32 37 .. .39 .......: . .... 86 ..... ... ..... ................. ... Lao PDR 52 81 78 10 21 65.. 1 Latvia.. 9 19 16 62 73 . 102 . 30 . 22 Lebanon . 12 2 9 8 9 . 17 82 127 Les ...ho .35.11.43 409 9.. 25.... 85..136..20...I.....32 Libya 2 .. 29 11 45 86 89 .. .. 20 Lithuania . 13 31 18 50 73 . 115 23 18 Madagascar 24 35 84 78 14 27 41 42 14 8 17 17 Malaysia 29 13 54 27 34 54 80 183 20 25 30 85 Mauritania 29 25 84 55 14 53 74 115 . . 9 17 Mauritius 16 10 34 17 42 41 85 126 . 19 35 73 Mexico 12 5 44 28 59 74 15 42 10 15 14 25 Moldova 50 54 33 32 52 . 18 . . . 16 Mongolia . 31 48 32 45 61 . 89 . 24 .. 21 Morocco 20 20 58 45 35 53 39 55 19 28 60 M ozambique 37 86 83~~~~ ...... .... 6 _ 35... - _.. _..-.. 84. .. .... .. ......32-... Namibia 14 6 9 19 7107 . . . 3 Nepal.67 42 94 94 4 11 13 60 5 12 11 36 Netherlands. 3 7 586 9 89 104 55 83 New Zealand 12 12 10 81 86 48 59 28 36 20 79 Nicaragua 25. 34... 50.. 28 47 63 ......55 106 12...... 25 14...... .. 35 Niger 65 39 93 90 9 19 29 3 7 . 5 13 Nigeria 41 43 71 43 20 40 20 28 10 . 9 17 Norway. 2 12 6 65 73 74 72 32 41 49 53 Pakistan 3 7 26 5 9 52 25 35 22 3 7 19 41 41 Panama . 8 ~~~42 26 8 56185 . 26 22 65 Papua New Guinea 37 26 86 79 10 16 72 101 22 . 32 Paraguay 32 24 53 39 37 53 31 46 11 . 17 2 Peru 19 7 48 36 57 71 34 29 14 16 18 20 Philippines 30 21 58 46 33 55 43 94 1 3 18 23 49 Poland ....11...... 6.... . . ... . _39 27 52 ... .. 64 49 .... .. .......... 40 33 Portugal... .. 32~~~~~~~. 18....I.... 26... 36.50...... 74.... ..... 36I....... 76........81.... Romania .. 21 49 24~~.. 42.. .56. .... 60..... ....... 30............. 22........ Russian Federation.. 7 19 1 3 7 2 . 18 14 1998 World Development Indicatora 29 Agficulture Labor force in Urban Trade Central Money value added agriculture population gerent adqa revenue money % of total ~% of total % of GDP l'aboor tfotr'ce population S/ of GDP % of GDP % of GDP 1970 1996 1970 1990 1970 1996 1970 1996 i970 1996 1970 1996 Rwanda 66 40 94 92 3 6 27 28 . .. 11 17 Sudi Arabia 4 64 19 49 83 89 7 .. . 13 5 Senegal 21 18 83 77 33 44 59 67 16 .. 14 20 Sierra Leone 30 44 76 67 18 34 62 43 .. 8 13 9 Singapore 2 0 3 0 100 100 232 356 21 26 62 81 Slovak Republic 5 17 12 41 59 126 .. 66 Slovenia .. 5 50 6i752 . 11l.. 35 South Africa 8 5 31 14 48 50 48 52 21 28 60 54 Spain .. 3 26 12 66 77 27 47 18 31 69 78 Sri Lanka 28 22 55 48 22 22 54 79 20 19 22 31 Sudan 43 77 69 16 32 31 .- 18 -. 17 20 Sweden -. 0 81 83 48 73 29 42 Switzerland -. . 8 6 55 61 67 68 15 23 104 133 Syrian Arab Republic 20 .. 50 33 43 53 39 .. 25 23 35 51 Tajikistan 46 41 37 32 .. 228 Tanzania .. 48b 90 84 7 25 .. 581 ... 23 Thailand 26 11 80 64 13 20 34 83 12 19 27 75 Togo 34 35 74 66 13 31 88 69 17 27 Trinidad and Tobago 5 2 19 11 63 72 84 95 .. 28 27 40 Tunisia 17 14 42 28 45 63 47 66 23 30 32 44 Turkey 40 17 71 53 38 70 10 49 14 18 20 27 Turkmenistan . .. 38 37 48 45 .... ...7 Uganda 54 46 90 85 8 13 43 34 14 . 17 10 Ukraine .. 13 31 20 55 71 .. 93 . . 10 United Arab Emirates . .. 9 8 57 84 .. 139 .. 2 . 54 United Kingdom 3 2 89 89 45 58 37 36 United States . .. 4 3 74 76 11 24 18 21 63 60 Uruguay.20 9 19 14 82 91 40 38 23 31 21 36 Uzbekistan .. 26 44 35 37 41 .. 69 .. - Venezuela 5 4 26 12 72 86 38 61 17 21 19 17 Vietnam ,. 27 77 71 18 19 .. 97 ... . 18 West Bank and Gaza .. . . 0 . . . . Yemen, Rep. .. 18 70 61 13 34 .. 91 .. 20 .. 39 Yugoslavia. FR (Serb./Mont.l . . 50 30 39 57 . . . Zamnbi'a 11 18 79 75 30 43 90 84 22 18 25 16 Zimbabwe 15 14 77 68 17 33 .. 82 .. . . 26 Low income 41 27 78 69 17 29 16 43 10 ..c . Ch'ina ..&.. I'n"dia . ..............4'2 .........34'....... 7,9-.. 67 15 ..9 39 57 Middle income .. 11.48.32.43.1.. Lower middle income 36 6......... ' ...... ' 6. . . . .'20 Upper middleincoe61 9 4 . . 26. 5.452. 7 E'as-t As'ia' & Pacific 39 20 79 69 18 32 17 81 Europe & Central Asia ... ..... . 1 9 2'_''48 66425 Latin America &Cib10 4 26 5 74 4 33 6 MideEsN . Africa 5 5 3 75 So-u'th Asia ................. 44 28 73 . .4 18 . . .14 30 . .. 14 Hihincome . . 16 6 68.76.24. 40 .20 28. a. Oats p,cor to 1992 inciude Eritrea. b. GNIP ad *ts components refer to mainlsnd Tanzanias only. 30 1998 Worid Developmnent indicators 1.5 * = l Over a period of 25 years or longer, cumulative .3h_ * Agriculture value added is the sum of outputs of processes of change reshape an economy and the the agricultural sector (International Standard social order built on that economy. This table high- Agriculture employs a large share Industrial Classification majordivisions 1-5) less the lights some of the notable trends that have been at of the workforce in many cost of intermediate inputs measured as a share of work for much of the 20th century: the shift of pro- gross domestic product (GDP). * Labor force in agri- duction from agriculture to manufacturing and ser- .:.,, -,, iw.-.. _ culture is the percentage of the total labor force vices; the reduction of the agricultural labor force and u .oal recorded as working in agriculture, hunting, forestry, the growth of urban centers; the expansion of trade; Burina u as; . and fishing (ISIC major divisions 1-5). * Urban pop- the increasing size of the central government in most R. r%ja ulation is the share of the total population living in countries-and the reversal of this trend in some; ;uwl_ . areas defined as urban in each country. * Trade is and the monetization of economies that have rur. the sum of exports and imports of goods and ser- achieved stable macroeconomic management. NMiaa" vices measured as a share of GDP. * Central gov- All the indicators shown here appear elsewhere in Erhaor-; ' emment revenue includes all revenue to the central the World Development Indicators. For more infor- kMal, government from taxes and nonrepayable receipts mation about them, see tables 2.5 (labor force in uinea8,s5au (other than grants) measured as a share of GDR agriculture), 3.10 (urban population), 4.2 (agriculture Tan:.bn,a * Money and quasi money is the sum of currency value added), 4.12 (central government revenues), Chad outsidebanksanddemanddepositsotherthanthose 4.15 (money and quasi money), and 6.1 (trade). arJ'Arnrquw - - of the central government, plus the time, savings, Ga3r,D The and foreign currency deposits of resident sectors Er ______________ other than the central government. This measure of Ceri,rsl ln.cbr. RCDa o0,. k'enya the money supply is commonly called M2. Pap.ja !Jew Guu,n-a Mciagasr a Data sources LaC. POr Cerca - * 3rnc,.s The indicators here and throughout the rest of the book 4ngEota have been compiled by World Bank staff from primary ' amit,a a and secondary sources. More information about the ,., mindicators and their sources can be found in the About * Iv my , fmo the data, Definitions, and Data sources entries that Sorace: ir.- - .:.,- , ;: - , accompany each table in subsequent sections. 1998 World Development Indicators 31 O ~1.6 Key indicators for other economies Population Land Population Gross national product Ufe AdulIt Carbon area density expectancy illiteracy dioxide at rate emissions birth Per capita average average PPP % of thousand people annualI growth aninual growth PPP our capita ovple 15 thou.sand thousands sq. km per sq. km $ millions % $ % $ min' cns $ yearn and ab3ove tons 1996 1.995 1996 19961 1995-96 1996, 1995-96 1996, 1996' 1996 pe1995 1995 Afghanistan 24,167 652.1 40 . .. 45 69 1.238 American Samoa 60 0.2 300 . Andorra 71 0.2 160e Antigua and Barbuda 66 0.4 150 462 6.5 7,330 5.5 569 8,660 75 Aruba 77 0.2 400 . Bahamas, The 284 10.0 30 ..e2,891 10,180 73 2 1,707 Bahrain 599 0.7 870 d. 8,368 13,970 73 15 14,832 Barbados 264 0.4 610 d. * 2.778 10.510 76 3 824 Belize 222 22.8 10 600 4.4 2,700 1.9 927 4.170 75 .. 414 Bermuda 62 0.1 1.240 e75 Bhutan 715 47.0 20 282 7.3 390 2.6 ... 53 58 238 Brunei 290 5.3 50 . .. 75 12 8,233 Cape Verde 389 4.0 100 393 3.1 1,010 1.0 1,028 f 2,64-0 66 28 114 Cayman Islands 32 0.3 130 . Channel Islands 148 e ..78 Comoros 505 2.2 230 228 -4.7 450 -8.2 893 ~ 1,770 f 59 43 66 Cyprus 740 9.2 80 .. . . 15,163 f20,490 77 .. 5,177 Djibouti 619 23.2 30 .. . . . . 50 54 370 Dominica 74 0.8 100 228 3.3 3.090 2.3 323 4,390 74 Equatorial Guinea 410 28.1 10 217 24.1 530 20.5 1.104 2,690 50 .. 132 Faeroe Islands 47 1.4 30e Fiji 803 18.3 40 1,983 6.8 2.470 5.6 3,268 4.070 72 8 737 French Guiana 153 88.2 2 e , . . . 872 French Polynesia 220 3.7 60 . ,C *.. 72 Greenland 58 341.7 0 .. ~ . 68 Grenada 99 0.3 290 285 5.2 2,880 1.1 430 4,340 Guadeloupe 422 1.7 250 d 75 Guam 153 0.6 280 e74 Guyana 839 196.9 4 582 13.5 690 11.3 1,912 2,280 64 2 934 Iceland 270 100.3 3 7,175 7.9 26,580 7.1 5,862 21,710 79 .. 1,803 Isle of Ma 72 0.6 120 d. , ..........~~~F This table shows data for 62 economies-smnall *Population is based on the de facto definition of economies with populations between 30,000 and 1 population, which counts all residents regardJess of million, smaller economies if they are members of legal status or citizenship. Refugees not permanently the World Bank, and larger economies for which data settled in the country of asylum are generally con- are not regularly reported. Where data on GNP per sidered part of the population of the country of ori- capita are not available, the estimated range is given, gin. The values shown are midyear estimates for 1996. See asac table 2.1. * Land area a a country's total area, exclud ng areas uncur inland bodies of water. * Population density as midyear population divided by lanc area in square kilometers. * Gross national product (GNP) is the sum of value added by all resident producers plus any taxes (less subsidies) that are net inciuded in the valuation of output plus net -eceipts of primary income (employee compen- sation and property income) from nonresident 32 1e98 World Development Indicators 40 1.6 Population Land Population Gross national product Ufe Aduft Carbon area density expectancy Illiteracy dioxide at rate emissions birth Per capita average average PPP % of thousand people annual growth annual growth PPP per capita people 15 thousand thousands sq. kmn per aq. km $mill ions % $ % $ mill ions $ yearn and above tons ±996 ±.995 1996 19961 1.995-96 1996, 1995-96 1L996b 1996b 1996 1995 1995 Kiribati -82. 0.. 7 110 .... 75 6.0 920 4.5 . .. ... ..... 60 Liberia 2,810 96.3 30 * 49 62 319 Liechtenstein 31 0.2_ 190. . .... Luxembourg 416 2.6 160 18,850 9.3 45,360 7.7 14,328 34,480 77 9,263 Macno 461 0.0 23,070 .a7 7 .. 1.231 Maldives 256 0.3 850 277 10.4 -1,080. 6:9.9..... 802 3,140 64 7 183 Malta 373 0.3 1,170du 5,174 13,870 77 . 1,726 Marshall Islands 57 0l.2 290 108 4.3 1,890 2.7 ...-...... Martinique 384 j1.1 360 e .. 77 2,037 Mayotte.108 .0.3 340'. Micronesia, Fed. Sts. .109 0....O.7. .160 . . 225 4.3 2,070 .2:5 ' . 66 ..... Monaco 32 0.0 16,840 Netherlands Antilles .... 202. 0.8 250e. 76 New Caledonia 197 18.6 10 .. , 74. 1,715 Northern Mariana Islands 63 0.5 110 . Palau 17 0.5 40 . Qatar658 11. 60 10,745 16,330 72 21 29,019 Reunion 664 2.5 270 a. 7 5 1,554 Samoa 172 2.8 60 200 6.9 1,170 6~4 ...................... 69 .......132 S5o Tom6 and Principe 135 1.0 140 45 6.9 330. 3.1... 64 ......25 .... 77 Seychelles .77 0.5 170 . . . 526 3.33..... 6.850. 1.3. ....... 71 21 ........ Solomon Islands 389 28.0 10 349 2.2 900 0.0 876 1 2,250 1 63 . 161 Somalia 9,805 627.3 20 c ,- 49 11 St. Kitts and Nevis .....41 0..4 .110 . ..240 8.0 5,870. 8.3 299 7,310. .70 ... St. Lucia 158 0.6 260 653 4.6 3.500 3.2 777 4,920 70 St. Vincent and the Grenadines 112 0.4 290 264 4.7 2,370... .4.4 .465 4,160.. 73.............. Suriname 432 156.0 3 433 20.5 1,000 19.0 1,136 2,630 71 7 2,151 Swaziland 926 17.2 0 112 14 110 -6 3,075 3,320. 57 . 2 3 454 Tornga 97 0.7. 140 . 175 3.4 1,790 2.9... 72 Vanuatu 173 12.2 10 224 8.7 1,290 5.7 522 1 3,020 f 64 . 62 Virgin Islands (U.S.) 98 0.3 290 . ,e . 76 a. Calculated using the World aank Atlas method. b. Purchasing poser parity, See the notes following these tables. c. Estimated to he low income l$785 or less). d. Estimated to be upper mid- dle income $3,11e to $9,6351. e. Estimated to be high income ($9,636 or more). f. The estimate is based on regression; others are extrapolated from the latest International comparison Programme benchmark estimates. g.Estimated to be lower middle income ($786 to $3,115). Data sources sources. Data are in current U.S. dollars converted economies reporting data. * Life expectancy at The indicators here and throughout the rest of the using the World Bank Atlas method (see Statistical birth is the number of years a newborn infant mould book have been compiled by World Bank staff from methodis). Rank is calculated for economies report- live if prevailing patterns of mortality at the time of primary and secondary sources. More information ing data. Growth is calculated from constant price its birth mere to stay the same throughout its life, about the indicators and their sources can be found GNP in national currency units. * GNP per capita is * Adult illiteracy rate is the percentage of adults in the About the data, Definitions, and Data sources gross national product divided by midyear population, aged 15 and above who cannot, with understanding, entries that accompany each table in subsequent GNP per capita in U.S. dollars is converted using the read and write a short, simple statement about their sections. World Dank Atlas method. Rank is calculated for everyday life. * Carbon dioxide emissions are those economies reporting data. Growth is calculated from stemming from the burning of fossil fuels and the constant price GNP per capita in national currency manufacture of cement. They include carbon dioxide units. * GNP in PPP terms is gross national product produced during consumption of solid fuels, liquid converted to international dollars using purchasing fuels, gas fuels, end gas flaring. power parit rates. An international dollar has the same purchasing power over GNP as the U.S. dollar in the United States. Rank is calculated for 1998 World Development Indicators 33 --Nq~~~l- Development is about people and their well-being-about people develop- S ing their capabilities to provide for their families, to act as stewards of the envi- ronment, to form civil societies that are just and orderly. The international consensus emerging around a set of development goals for the 21st century (see the introduction to the first section, World View) captures many parts of well-being: current and future health status, educational attainment, and free- dom from extreme deprivation. Here we look at the social indicators identified by a recent OECD-United Nations-World Bank conference (box 2a) and at the statistical systems that produce them. Are the indicators reliable? Do they accurately and adequately measure the outcomes they intend to track? Can good decisions be made based on the indicators? Too often the answer is no, but the alternative is to know nothing and do nothing. Poverty The 21st century goals call for reducing poverty by half by 2015. Inadequate income and consumption levels are not only undesirable in themselves, they can lead to such other problems as crime and violence, and the reduced capacity to enjoy the full benefits and opportunities offered by the commu- nity. But poverty is easier to define than to measure, and in many countries there is more than one definition of poverty and more than one way to mea- sure it. The three indicators selected to measure progress in reducing poverty-the headcount index, the poverty gap index (see table 2.7 for def- initions), and either the income or consumption share of the lowest quin- tile-reflect income (or consumption) poverty. The headcount index and the poverty gap are based on an international poverty line of $1 a day defined in constant prices and measured in purchasing power parity dollars. The advantage of a common poverty line is that it permits comparisons based explicitly on equivalent real baskets of goods and services. It also allows aggregations across countries to track regional poverty. The disad- vantage is that it is not based on local development circumstances (and thus might not be adopted by a country) and that it varies widely from measures based on national poverty lines (see table 2.7). Not all countries will be able meet the poverty reduction goal, but poverty for large regions or even for developing countries as a group could be cut in half by 2015 through con- certed effort. All three indicators measure the economic dimensions of measurestheextentto whichtheppoorsharein economicgrowth. poverty. The headcount index provides a count of the people in But being poor means nmuch more than being poor in income. It poverty. The poverty gap measures the amount of additional means being poor in health, educatioin, and access to goods and income per capita, expressed as a proportion of the poverty line. services and involves other sources of vulnerability. The three that, if available to the poor, would lift them out of extreme poverty indicators do not capture these noneconomic dimen- poverty. The income consumption share of the lowest 20 percent sions. Child malnutrition has been proposed as a cross-check on income povertv because the prevalence of malnourished chil- dren is an indication of poverty. It should be noted, however, that the absence of malnourished members does not mean that a Social goals and indicators for the 21st century household is not poor. A recent OECD-United Nations-World Bank conference (held in Paris on The reliability of the income poverty indicators depends on February 16-17, 1998) identified 6 social goals and 16 complementary the quality of the income and conisumption data, which are usu- indicators to be monitored by the development community as part of a ally obtained from household surveys. In poor countries house- new international development strategy. (The table numbers in parentheses show where these indicators appear in the World hold income is difficult to measure because a number of Development Indicators.) activities, products, and services go unrecorded. In these Reduce poverty by half instances calculations may be based on consumption (which * Headcount index (table 2.7) tends to understate inequalitv and household income differen- * Poverty gap index (table 2.7) * Income inequality: share of income accruing to poorest 20 percent tals). Many rural transactions are not conducted i cash and a (table 2.8) part of rural household consumption is obtained from what are * Child malnutrition (table 2.16) called 'common property resources" not usually recorded in Provide universal primary education household consumption aggregates. All this implies that esti- * Net primary enrollment rate (table 2.10) mates of household income and consumption have a high vari- * Progression to grade 5 (table 2.11) e Literacy rate of 15-24 year olds (table 1.2)1 ance and may be understated. Estimates of icome and consumption are also affected by the limitations of sample sur- Improve gender equality in education veys: recall errors, short reference periods, and the exclusion * Gender differences in education and literacy (tables 1.3 and 2.12) from the sampling frame of people in remote areas and other Reduce infant and child mortality marginal groups who are most likely to be poor. * infant mortality rate (table 2.17) * Under-5 mortality rate (table 2.17) The gathermg of household mcome and consumption data therefore presents problems, particttlarlv in subsistence societies. Reduce maternal mortality Somc of the problems, particularly the practical ones rclating to * Maternal mortality ratio (table 2.1 5) * Births attended by health staff (table 2.15) respondents' inability to remember, can be overcome bv carefully questioning individual household members, paving frequent vis- EpContraceptive prevalence rate (table 2.15) its to the household, or applying consistency checks. But the * Total fertility rate (table 2.15) sheer size of the task makes frequent survey's of this kind imprac- * HIV prevalence in pregnant 15-24 year olds (table 2.16)1 tical for poor countries that lack sound statstical systems. This 1. These data are not yet available, but the referenced tables show difficulty is reflected in coverage rates for country poverty indi- comparable indicators. cators, which are well below 50 percent (table 2a). A concerted effort will have to be made to motivate and equip governments Coverage of poverty indicators by region, 1996 Number of Number of low- countries for % Number of and middle-income which data of population countries with two Region countfies are available represented or more data sets 'il 1 .~IIc,- sKI ... . . . .6.. r5 5 Europe and Central Asia 27 18 72 18 | jl.ll s.-,,r,.: ;n,] Ir:: ;r.l.t34 15 84 10 Middle East and North Africa 15 5 47 3 . S1"; - . i 8 5 98 3 Sub-Saharan Africa 49 19 66 3 Source: World Bank. 36 1998 World Development Indicators to undertake household surveys on a regular basis to monitor school censuses organized by the ministry of education at the progress and aid policymaking. beginning of each school year. Low enrollment rates signal The World Bank's program for improving the collection of inadequacies in providing universal access to primary education data on poverty involves twvo main steps. First, an in-house and may in turn identify factors that prevent children from review is being conducted to take stock of existing databases enrolling or remaining in school. They do not, however, fully in all client countries. Second, based on the review results, capture participation in the process, because participation rates strategies will be developed to increase awareness of the need require data on daily attendance by age, grade, and gender. to collect such information at the country level. Because the Some statistical offices collect data on school attendance surveys needed for poverty data are the responsibility of client through household and sample surveys, but such periodic governments, capacity building at the country level will be key assessments serve more as a check on official enrollment statis- to a continued flow of reliable poverty data in developing tics. In addition, coverage of net enrollment data is extremely countries. limited (table 2b), and the rates themselves have been criticized for their unreliability (UNRISD 1993). Universal primary education Progression to grade 5 is concerned with the retention of chil- The formal education system is the principal means by which peo- dren in school and their eventual acquisition of basic literacy and ple acquire knowledge, skills, and shared values. The 21st century numeracy. It has, as its starting point, the number of children goals call for universal primary education by 2015. Through enrolled. But again, enrollment does not mean attendance, and schooling, individual (and ultimately societal) ideas, aspirations, in the absence of detailed individual pupil records, which are and behaviors change. Female autonomy, through reduced fer- costly to build and maintain, assumptions have to made about tility and the ability to take advantage of opportunities that are promotion, repetition, and attrition. So progression estimates are an alternative to childbearing, is powerfully linked to education. likely to be biased upward. More fundamentally, retention does And primary education is important because literacy and numer- not translate to acquisition of basic skills. Thus there is a need to acy expand personal horizons and potential. It is also the entry identify actual learning outcomes through the formal (and non- point for future education. Universal primary education is a com- formal) educational system that are universally accepted and can posite of three dimensions, each measured by a different indica- be applied by all countries. tor: access and participation are measured by net primary The literacy rate of 15-24 year olds is an outcome measure enrollment, retention by progression to grade 5, and achieve- that reflects skills acquired through both formal and nonformal ment of basic literacy by the literacy rate of 15-24 year olds. training. Methods of measuring literacy vary within countries, Net primary enrollment measures the percentage of the and standards have changed over time. So changes in recorded official primary school-age population that is enrolled in pri- literacy rates may not be a reliable measure of the success or fail- mary education. Data are typically collected during national ure of the education system. Still, levels of literacy are important ends in themselves because they represent a key element in the I Mr quality of life. Literacy rates are usually derived from data on self-declared Coverage of net primary enrollment indicators by continent, 1995 literacy in censuses or from updating census or survey estimates neral data Data by gender with current estimates of school enrollment, not criteria-based lit- Toaw Number of %of Number of % of eracy tests. And although the United Nations Educational, number o0 reporting countries reporting countries Scientific, and Cultural Organization (UNESCO) has issued Continent countries counries represented countries represented 1l,,:, -. 4i -.,. l: .. guidelines for estimating literacy levels, international compara- Americas 50 20 40 18 36 bility is affected by differences in methods (some countries test 4 ,,- I,,,z,,. 1,.:. 12 :i. 42 ' J. literacyintheofficiallanguage,othersinthemothertongue) and completeness of coverage. UNESCO has implemented several initiatives to improve Source: UNESCO. the quality and coverage of statistics, including an end of the decade education-for-all assessment, strengthening of national education statistical systems in Sub-Saharan Africa, and similar initiatives in other regions. It is also promoting the increased use of household and sample surveys to supplement national administrative files in order to monitor and test literacy status. Such surveys and the expansion of coverage of statistical infor- mation systems should also be used to providc process indica- tors to monitor the additional dimensions of universal primary education, such as the net intake of students at grade one, school attendance rates, and learning achievements. 1998 World Development Indicators 37 Mortality reduction care and thereby reducing maternal mortality is essential to The 21st century goals call for a two-thirds reduction in child improving women's health status. Improving womein's social mortality by 2015. Beyond its obvious relevance as a measure of status and ensuring gender equity in health care ar-c important health conditions, child mortality is one of the best indicators strategies for achieving these goals. The importance of this goal of overall socioeconomic development in a community. The for society cannot be emphasized enough. Providing repro- two indicators selected to measure progress are the infant mor- ductive health services to women-and men-will have a sig- tality rate and the under-five mortality rate. Both capture the nificant effect on their health and well-being, on the size of the threat to children, but each focuses on a different mix of risks: future world population, and on the quality of life of future the infant mortality rate captures risks at the earliest stage of generations. life closely related to the health of the mother and the socioe- Measuring progress in providing access to reproductive conomic circumstances of the family. The under-five mortality health is a major challenge because the area broadly encom- rate captures a range of influences on health that reflect com- passes many health needs and behaviors. cultural and religious munal development, and are most amenable to change. attitudes, and supply-side factors. The indicators cover several For monitoring this goal in high-mortality countries, the dimensions of reproductive health, and most are available in infant mortality rate is less desirable than the under-five mor- the majority of developing countries: contraceptive prevalence tality rate (which includes infant mortality) for two reasons. rate, total fertility rate, maternal mortality ratio, and births First, less than 20 percent of under-five deaths are infant attended by trained and skilled health staff. TIgether, they deaths. A large portion of these infant deaths are neonatal indicate the degree to which reproductive health services are (occurring in the first month) and are more difficult to affect accessible and used. Ibe use of contraceptioni and lower fer- through policy interventions after the event. While it is possi- tility reduce the risk of dying during pregnancy and childbirth. ble to distinguish neonatal from post-neonatal deaths, such Prenatal care and delivery attended by skilled personnel are data are not easy to come by in the many countries where civil essential for prompt identification, referral, and treatment of registration of deaths is incomplete and where infants dying complications. An additional indicator, HIV prevalence in during the first weeks of life, especially in remote rural areas, pregnant women age 15-24, has been proposed by the Joint may not even have been recorded as being born. United Nations Programme on HIV/AIDS (UNAIDS), Second, in low- and middle-income countries mortality although the methodology is still being finalized. Having this between the ages of 1 and 5 can be quite high (in contrast to information is considered importanit. particularls where HIV high-income countries, where less than 20 percent of under- prevalence is high (WHO 19971)). five deaths are child deaths), reflecting the effects of malnu- A well-functioning referral system for emergency obstetric trition, incomplete immunization, the lack of adequate complications is an important dimension of access to repro- sanitation and safe water, and other basic preventive public ductive health care and is essential to reducing maternal mor- health measures. For monitoring the effects of targeted inter- tality. Key elements of referral systems include skilled birth ventions, the under-five mortality rate is therefore preferable. attendants, emergency transport, and appropriately cquipped All governments are committed to measuring these indica- and staffed referral centers. MIeasuring the quality accessibil- tors, and the expertise to measure them exists in almost all ity, and use of referral systems is difficult and should be aug- countries. The principal sources are vital registration systems mented by maternal death audits, verbal autopsies, and (covering at least 90 percent of the population) and direct or documentation of the social and logistical factors related to indirect estimates based on sample surveys and censuses. referral, numbers of women referred, medical condcition lead- Unfortunately, effective vital registration systems are not comn- ing to referral and upon arrival at referral facilitn, and out- mon in developing counitries. But most countries now have at comes. least one estimate of infant or under-five mortality based on There has been much debate about the feasibility of using empirical data. Because building reliable vital registration sys- the maternal mortality ratio as a measure of the quality of care. tems is a lengthy process, the United Nations Children's Fund Unless there is an excellent vital registration system in the (UNICEF) recommends that countries use international sur- country and medical attribution of cause of death, conducting vey programs such as the Demographic and Health Surveys a survey is the most practical way of getting estimates. But sur- (DHS) that contain questions to measure these indicators. It vey methods differ in several attributes, producing estimates further recommends that survey measurements be done every that can be imprecise. Observed differences in the maternal three to five years. mortality ratio may not reflect improved maternal health sta- tus. Instead they mav be due to changes in the repor-ting sys- Maternal mortality and access to reproductive health tem or to wide random fluctuation from a small nuimber of The objective of reducing maternal mortality by three-fourths events. The World Health Organization (WHO) and UNICEF should be viewed il Lthe cointext Of the imiore comprehlcnsive have derived maternal mortality ratio estimates using a clcmo- goal of providing access, through the primary health care sys- graphic model. But surveys cannot detect significant changes tem, to reproductive health servicesforallwho need them. The in maternal mortality over time. And model-based estimates two are interrelated: providing access to reproductive health cannot monitor trends in maternal rmortality either. 38 1998 World Development Indicators Despite the problems with reliable data collection, mater- nal mortality ratio is now widely used. It may be combined with fertility to calculate a lifetime risk of dying during pregnancy and childbirth. According to WHO (1997b), any alternative outcome indicators for maternal health will have similar prob- lems with reliable data collection. Data issues are also likely to weaken the monitoring capa- bility of the remaining indicators. Survey measures of total fer- tility and contraceptive prevalence are affected by recall errors and nonspecific reference periods. For contraceptive preva- lence derived from program statistics, the accuracy of the assumptions is difficult to assess. International comparisons of births attended by health staff are limited by differing defini- tions of what constitutes trained and skilled. Nor does the mea- sure reflect the content and quality of care provided, so that countries with similar levels could have large discrepancies in actual care provided. While there are no proposals to improve coverage of these indicators, international survey programs such as the DHS provide the most rcliablc information for their estimation. The need for better data Establishing a reliable system for monitoring living standards at disaggregated levels requires a well-functioning sample sur- vey apparatus. Many countries already conduct excellent household surveys that generate sufficiently disaggregated information to facilitate planning, and international survey programs such as the DHS have helped to improve the quality and comparability of basic indicators of living standards. For other countries, however, the state of the data does not even allow an accurate estimate of basic indicators. For these coun- tries the World Bank's Living Standards Measurement and Social Dimensions of Adjustment surveys, with bilateral and multilateral support, provide one way to build local capacity. Beyond data generation, however, the organizational struc- ture in which statistical work takes place is also important, including cultivation of demand for good data by governments. Development institutions such as the United Nations Development Programme and the World Bank can help nur- ture this demand within countries by emphasizing the need for well-informed policy decisions, based on reliable and timely information on economic and social progress. 1998 World Development Indicators 39 Lire r.e:FjnC, r.e E.rv; .e I rrw,-r.r * 'n l :.r AIDr Buri,na F C.:.re ,t Fi.:re Sutr rr,,:a .,nr.ab..e Er.y,i Tr,,3,Iar,,J Eastern Europe and Western Europe Central As.a East Asia and the Pacific North 999999ff ttt i ; 9 JO a America t99999it a t Middle East 9itt9tttt9ttttttttttttt South and Southeast Asia a) 9tttCarribean and North Alrica ittt cttffttttttttttttttttttt :.: f99 3ic.ci:ic, 1,: .:,:,: Nttt999ff9ff*ttitttttttt Latin~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~i Latin 999t9ttt 99999999ff 999999ff 9999199999999 9999999ttttt9rr America t9tt 999999999999999999999fft99 tt9ft*9999 Australia and .° t Nevr Zealand l .r,g Yw[h HIul AIS 193rd I 99919999999999tf9t9999i999|99999*9999 Sub-Saharan h Hit 99999999999999999999999ffff9ff9999999999 ~~~~~Africa in f-o Zr HIIi ..i :: s , a Ii d.-- rr,: ,r, lie,. r,:I,,; .1 r3e HIi, j :1 ;i,Ii Ic ;'1- I : ri-c :, a, i e 1990 2020 SO~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 40 32 # / N 20 g1F ff t8 * HIV Q TB Other S.r, r3rr,, A. Lii3;nr Ar,;,,.: U.Ii le East All ar.j rnd developing Source: World Bank, r.t. ; r, 1J,:, T Africa countries Confronting AIDS: Public ai. Global 40 ~ ~ ~ ~ ~ ; .-. 9 jI. AIDS Is a large and growing problem that has already taken a terrible toll on people and their communities. Many countries still have an opportunity to avert a full-scale AIDS epidemic, but others-mostly in the developing world-are being forced to deal with the consequences of widespread HIV infection. In these countries, until prevention programs become more effective, life expectancy will fall, the number of orphans will increase, poverty will worsen, and health care systems will come under increasing strain. U new HIV infections wil cO Sub-Saharan Africa and Asia have seen the fastest growth in new adult HIV infections 4.0 LO C) L o 0c co cc cc Sub- Saharan Africa 3.0 2.0 South and Southeast Asia 1.0 East Asia and the Pacific Latin America OS.#0° W. , _ . ,.O, * F- I E 0 6- * --. - Source: UNAIDS. Established market economies Note: UNAIDS analytical regions differ from those used elsewhere in the World Development Indicators. 1998 World Development Indicators 41 2.1 Population Total Average aninual populati'on Age dependency Population age Women population growth rate ratio 60 and above age 60 and above sepeneen's as prpo,.rt onofworking- millions % age population 7 of -:otal oe, 100 men 1980 1996 2010 I 1980-96 1996-2010 1980 199e 199e 2010 1996 2010 Albania 3 3 4 1.3 0.9 0.7 0.6 9.3 11.6 118 114 Algeria 19 29 37 2.7 1.9 1.0 0.7 6.8 6.5 112 113 Angola 7 11 16 2.9 2.7 0.9 1.0 4.6 4.3 121 119 Argentina 28 35 41 1.4 1.0 0.6 0.6 1-3.2 14.1 134 134 Armenia 3 4 4 1.2 0.4 0.6 0.5 11.7 14.0 136 143 Australia 15 18 20 1.4 0.7 0.5 0.5 15.6 19 2 122 116 Austria 8 8 B 0.4 0.0 0.6 0.5 19.4 23.3 154 129 Azerbaijan 6 8. 8 1.3 0.5 0.7 0.6 9.5 '10.2 145 154 Bangladesh 87 122 150 2.1 1.5 1.0 0.8 5.0 6.0 82 95 Belarus 10 10 10 0.4 -0.3 0.5 0.5 18.1 19.0 180 172 Belgium 10 10 10 0.2 0.0 0.5 0.5 21.2 23.9 137 130 Basin 3 6 8 3.0 2.7 1.0 1.0 44 4.6 124 126 Bolivia 5 8 10 2.2 2.1 0.9 0.8 6.0 6.4 120 123 Bosnia and Herzegovina 4 ..0.5 Botswana 1 1 2 3.1 1.4 1.0 0.8 3.7 3.8 189 152 Brazil 121 161 190 1.8 1.2 0.7 0.6 7.2 9.0 122 131 Bulgaria 9 8 7 -0,.4 -0.9 0.5 0.5 20.7 24.4 127 138 Burkina Faso 7 11 15 2.7 2.4 1.0 1.0 4.7 3.8 111 140 Burundi 4 6 9 2.8 2.4 0.9 1.0 4.3 3.4 151 147 Cambodia 6 10 13 2.9 1.8 0.7 0.8 4.8 5.8 174 159 Cameroon 9 14 19 2.8 .2.4 0.9 01.9 5.5 4.9 117 114 Canada 25 30 33 1.2 0.6 0.5 0.5 18.2 20.4 127 118 Central African Republic 2 3 4 2.3 1.9 2.8 0.9 4.1 5.2 132 134 Chao 4 7 9 2.4 2.3 0.8 0.9 5.7 5.2 123 121 Chile 11 14 17 1.6 1.1 0.6 0.6 9.7 12.6 134 130 China 981 1,215 1,349 1.3 0.7 3.7 0.5 9.8 11.9 101 100 Hong Kong, China 5 6 7 1.4 0.5 2.5 0.4 14.1 17.7 103 98 Colombia 28 37 45 1.8 1.3 0.8 0.6 7.8 9.2 109 125 Congo, Bem. Re p. 27 45 69 3.2 3.0 1.0 1.0 4.5 4.3 130 123 Congo, Rep. 2 3 4 3.0 2.4 0.9 1.0 5.6 4.1 145 144 Costa Rica 2 3 4 2.6 1.4 0.7 0.6 7.1 9.5 114 114 C6te dIlvoire 8 14 19 3.5 2.1 1.0 0.9 4.6 4.8 94 90 Croatia 5 5 5 0.2 -0.3 0.5 0.5 21.3 23.3 155 143 Cuba 10 11I 1 2 0.8 0.4 0.7 0.5 12.6 17.2 107 114 Czech Republic 10 10 10 0.1 -0.2 0.6 0.5 17.4 22.8 145 133 Denmark 5 5 5 0.2 0.0 0.5 0.5 19.5 23.0 132 121 Dominican Republic 6 8 10 2.1 1.4 0.8 0.6 8.3 7.9 102 106 Ecuador 8 12 15 2.4 1.6 0.9 0.7 6.5 7.6 113 119 Egyt, Arab Rep. 41 59 74 ~ 2.3 1. 6 9.8 . 0.7 8.6 7.7 116 114 El Salvador 5 6 8 1.5 2.0 1.0 0.7 8.5 6.7 120 133 Eritrea . 4 6 ..3.0 .. 0.9 4.8 4.7 114 110 Estonia 1 I 1 -0.1 -1.0 0.5 0.5 18.6 23.9 187 191 Ethiopia 38 58 89 2.7 3.0 1.0 1.0 4.5 4.3 122 111 Finland 5 5 5 0.4 0.2 0.5 0.5 19.0 24.3 151 131 France 54 58 60 0.5 0.2 0.8 0.5 20.2 22.5 139 133 Gabon 1 1 2 3.0 2.1 0.7 0. 8.9 8.0 118 122 Gambia, The 1 1 2 3.6 2.3 0.8 0.8 4.8 5.7 112 112 Georgia 5 5 5 0.4 0.0 0.5 0.5 18 7 18.7 155 157 Germany 78 82 81 0.3 -0.1 0.8 0.5 21.0 25.1 152 128 Ghana 11 18 24 3.1 2.3 0.9 0.9 4.8 5.1 118 118 Greece 10 10 11 0.5 0.1 0.6 0.5 22.4 25.5 121 125 Guatermala 7 11 15 2.9 2.3 1.0 0. 5.3 5.3 108 117 Guinea 4 7 10 2.6 2.8 0.9 1.0 4.2 4.1 109 106 Guinea-Bissau 1 1 1 1.9 2.2 0.8 0.9 6.4 5.7 115 115 Haiti 5 7 9 2.0 1.6 0.8 0.8 5.9 5.8 119 129 Honduras 4 6 9 3.2 2.4 1.0 0.9 4.9 4.9 113 116 42 iass World Development Indicators 2.1 Total Average annual population Age dependency Population age Women population growth rate ratio 60 and above age 60 and above dependents as proportion of working- millions% age population % of total per 100 men 19B0 1996 2010 1980-96 1996-2010 1980 1996 1996 2010 1996 2010 Hungary ~11 1010 0 _-0.3 ........-0.4' ~ 0.5_ _ 0.5 19.3. 21.59. 153 152 India 687 945 1,129 2.0 1.3 0.7 0.6 7.3 8.6 106 106 Indonesia 148 .197 236 1.8 .1.3 0.8 0.6 6.7 8.4 114 117 Iran, Islamic Rep. 39 63 81 2.9 1.9 0.9_ 0.8 6.4 6.5 79. 84 Iraq 13 21 31 3.1 2.8 0.9 0.8 4.7 5.6 112 I1l Ireland 3 4 40.4 0.5 0.7 0.5 15.1 17.4 126 120 Israel 4 6 72.4 1.7 0.7 0.6 10.9 11.7 122 116 Italy .........56 57 55 0.1 .-0.3 0.5 0.. -.5 22. 1 26.1 136 132 Jamaica 2 3 31.1 0.8 0.9 0.6 8.8 9.3 121 122 Japan I..... 117 126 127 0.5 ...... 0:.1 05.5. . 0.4 21.0 29.8 131 123 Jordan 2 4 64.3 .2:6.6 .... 1.1 0.8 4.6 5.6 78 .96 Kazakhstan 15 16 17. 0.6 ....I....0.1 0.6 0..6 . ...10.2 .118.8. 174 ..159 Kenya 17 27 36 .3.1 2.0 1.1. 0.9 4.2 .3~8 114 114 Korea, Dem. Rp ..... 18 22 ~ 26. 1.5. 09 0.8 0.5 7.4 9.6 _168 119 Korea,Rep. 38 46 50 1.1 0.7 0.6 0.4 9.2 13.6 146 130 Kuwait 1 2 2 0.9 2.3 0.7 0.6 3.1 6.9 62 74 Kyrgy Republic 4.. 5 51.4 1.1 0.8 0.7 8.5 7.8 156 146 Lao PDR 3 5 7 2.4 2.4 0.8 0.9 5.6 57 .0.....109, . 125 Latvia ...........3 2 2 -0.1 -0.7 0.5 0.5 19.1 233.3 1.. 94 . .191 Lebanon 3 4 51.9 1.4 0.8 0.6 8.3 83.3 115 125 Lesotho 1 2 32.4 2.0 0.9 0.8 6.0 66.6 126 119 Libya 3 5 7 3.3 2.3 1.0 0.8 4.9 6.3 83 87 Lithuania 3.. ... 4. 4 0.5 -0.2 0.5 0.5 17.6 20.0 175.. 176 Macedonia, FYR 2 .2. 2 .. 0.3 .. . 0j.7 0.6 0.5 12.7 .15.5 118 119 Madag asa 9 14 20 2.8 2.8 0,9 0.9 ~ 4.7 4.8 119 118 Malawi 6 10 14 3.1 2.3 1:.0 1.0 4 .2 4:0 .118 107 Malaysia 14 21 26 2.5 1.6 0.8 0.7 6 0 7.9 117 114 Mali 7 10 15 2.6 2.8 1.0 1.0 4.2 3.9~ 131 140 Mauritania .2 2. 3 26.6 .23.3 .0.9 0.8 5.1 5.2 .. 124. 117 Mauritius 1 1 11.0 1.0 0.6 0.5 8.5 11.0 130 131 Mexico 67 93 115 2.1 1.5 1.0 0.6 6.2 8.1 120 125 Moldova 4 4 40.5 0.0 0.5 0.5 13.6 148.8 157. 152 Mongolia 2 3 32.6 1.9 0.9 0.7 5.8 5.9 123 Ill Morocco 19 27 34 2.1 1.6 0.9 0.7 6.3 7.1 114 127 Mozambique 12 18 25 2.5 2.4 0.9 .0.9 4.1 4.2 126 120 Myanmar ~~34 46 55 1.9 1.3 0.8 0.7 6.8 7.2 116 118 Namibia 1 2 2 2.7 2.1 0.9 0.8 5.7 5.5 120 115 Nepal 14 22 31 2.6 2.3 0.8 0.9 5.5 5.7 97 101 Netherlands 14 16 16 0.6 0.3 0.5 0). 5 17.9 22.3 136 119 New Zealand 3 4 41.0 0.7 0.6 0.5 15.4 17.9 123 120 Nicaragua 3... 5 . 6 3.0 2.4 1.0 0.9 45_.5 . 5:1.1.. . 117. 116 Niger 6 9 14 3.3 3.0 1.0 1.0 3.9 3.7 123 130 Nigeria 71 115 166 3.0 2.60. 0.9 4.1 43.3 130 ..127 Norway 4 4 50.4 0.3 0.6 0.5 20.1 22.0 130 119 Oman 1 2 44.2 3.8 0.9 1.0 3.9 4.8 99 7 Pakistan 83 134 190 3.0 25.5 .0.9 0.9 4.9 5.5 96. 97 Panama 2 3 32.0 1.3 0.8 0.6 7.6 9.6 103 105 Papua New Guinea 3 4 62.2 2.0 0.8 0.7 .. 4.9 . ...58.8 103 109 ParagUay 3 5 7 2.9 22.2 0.9 0.8 5.2 60.0 132 117 Peru 17 24 302.1 1.5 0.8 0.7 6.7 7:8.8. 114 .... 116 Philippines 48 72 92 2.5 1.8 0.8 0.7 5.4 6.8 115 116 Poland 36 39 40 0.5 0.2 0.5 0.5 15.8 18.2 151 149 Portugal 10 10 10 0.1 -. 0.6 0.5 21.0 21.2 149 147 Puerto Rico 3 4 41.0 0.7 0.7 0 5 13.7 16.6 125 152 Romania 22 23 22 0.1-0.3 0.6 0.5 17.4 -19.2 130 138 Russian Federation 139 148 143 0.4 -0.2 0.5 0.5 17.1 18.3 198 181 1998 World Development indicators 43 Total Average annual population Age dependency Population age Women population growth rate ratio 60 and above age 60 and above dependents as millions age populatior of total per 100 men 1980 1.996 2010 1.980-96 1996-2010 ,1,908,o"0, 19,9"6g 1996 2010 1996 2010 Rwanda 5 7 11 1.7 3.5 1.0 1.0 3.6 3.1 122 125 Saudi Arabia 9 19 31 4.6 3.3 0.9 0.6 4.4 5.6 92 Senegal 6 9 12 2.7 2.3 0.9 0.9 4.6 3.9 I11 il1 Sierra Leone 3 5 6 2.2 2.2 0.9 1.0 4.4 4.2 130 131 Singapore 2 3 3 1.8 0.9 0.5 0.4 9.5 14.5 117 113 Slovak Republic 5 5 6 0.4 0.2 0.6 0.5 15.0 17.6 148 146 Slovenia 2 2 2 0.3 -0.1l 0.5 0.4 17.8 22.3 160 138 South Afri'ca 27 36 46 2.0 1.4 0.5 0.5 6.5 7.3 142 140 Spain 37 39 38 0.3 -0.1 0.6 0.5 20.5 22.8 134 141 Sri Lanka 15 18 21 1.4 1.0 0.7 0.5 6.9 11.6 106 120 Sudan 19 27 37 2.4 2.2 0.9 0.6 4,9 5.7 116 110 Sweden 6 9 9 0.4 0.0 0.6 0.6 21.9 26.0 129 119 Switzerland 6 7 7 0).7 0.3 0.5 0.5 19.3 23.6 137 126 Syrian Arab Republic 9 15 20 3.2 2.3 1.1 0.9 4.6 4.9 108 120 Tajikistan 4 6 7 2.5 1.3 0.9 0.8 6.5 6.4 131 124 Tanzania 19 30 42 3.1 2.2 1.0 0.9 4.1 3.9 120 114 Thailand .47 60 66 1.6 0.65 0.8 0,5 7.8 9.8 123 121 Togo.3 4 6 3.0 2.5 0.9 1.0 4.9 4.4 121 117 Trinidad and Tobao . 1 1 1 1.1 0.9 0.7 0.6 9.0 11.1 102 101 Tunisia 6 9 II 2.2 1.4 0.8 0.6 7.1 7.8 102 117 Turkey 44 63 76 2.1 1.3 0.6 0.6 6.2 9.7 113 119 Turkmenistan 3 5 6 3.0 1.5 0.8 0.8 6.3 6.2 143 133 Uganda 13 20 27 2.7 2.4 1.0 1.0 3.6 2.5 116 99 Ukraine 50 51 47 0.1 -0.6 0.5 0.5 19.4 20.9 184 170 United Arab Emirates 1 3 3 5.5 1.9 0.4 0.4 3.2 10.2 45- United Kingdom 56 59 59 0.3 0.1 0.6 0.5 20.7 23.3 131 121 United States- 227 265 294 1.0 0.7 0.5 0.5 16.4 18.6 134 126 Uruguay 3 3 3 0.6 0.6 0.6 0.6 17.0 17.2 133 141 Uzbekistan 16 23 29 2.3 1.6 0.9 0.6 6.6 6.5 141 130 Venezuela 15 22 28 2.5 1.6 0.6 0.7 6.2 8.4 116 116 Vietnam 54 75 94 2.1 1.6 0.9 0.7 7.2 6.8 136 142 West Bank and Gaza 1 2 4 4.0 3.5 0.9 0.9 4.4 4.3 103 119 Yemen, Rep. 9 16 25 3.8 3.3 1.1 1.0 3.9 3.4 126 146 Yugoslavia, FR (Serb./Mont.l 10 1-1 11 0.5 0.2 0.5 0.5 18.0 19.1 122 -123 Zambia 6 9 12 3.0 1.9 1.1 1.0 3.7 3.3 101 106 Zimbabwe 7 11 14 3.0 1.5 1.0 0.6 4.7 4.3 112 103 Low income 2.375 3,236 3,948 1.9 1.4 0.8 0.7 7.4 8.5 105 105 Etx"cl... Ch'i'na ..&.. I"n'dia ..............70' .6.... 1,07..6..... 1',4-7-1.......... 2".6 .. . .......2'.2 .......... 0.'9 0.95. 5.2 114 1 .5 Middle Income 1,227 1,599 1,875 1.7 1.1 0.7 0.6 9.1 10.1.13 . 132. L'owe"r ..m i'dd'le i'n"co"me ............8-6..7.... 1",1"2..5..... 1",3"13 1..... .6 1 1......... 0.. 7.. 0.6 9.2 10. . 1" 13 Upper ..m idde- -i-n-c-o-m..e.... 360 473 562 1.7 1.2 0.7 0.6 8.6 103 13 . 130 Lo-w ..&.. miJd"dle In'co m"e ... 3.602 4,835 5,624......... 1.8.. I3 1.3 ........ 0.'8 0. .6 8.0 9.0.116 114 East- Asias &a.. &...PPacific ....... 1...... 9..I 1.732 1,975 .. 1 1.5 0.9..... 0.7 0.5.............8.7 ...10.6.....0'9 0. 104.06 10 Etu"ro p"e '&.. C'en-t'ral A'sia ... 426 478 490 0.7 020.6 0.5 14.6 16.0 1 . 16 La't'in ..Am ..er'ic"a.. & C.. arilb., 358 486 588 1.9 1.4 0.8 0.6 7.5 9.1 120 1.7 Midl.Est&.. N. A'f"ric'a ....... 1-......2--........-1...........2".9 ..... 2.1 0.9 0.8 5.8 6.3.101. 10 So,u'th ..A's i-a ........... 902 1,266 .1552.1 1.5 0.6 0.7 6.7 7.9.103. 10. 'a'i.S ahra-n' . Afinca 8............. --,. ... . '...... 44~ 2.8.. 2.5 0.9 0.9 4.6 4.5 123 12 High income 825 919 964 0.7 ~~~~ ~~~~ ~~~~ ~~~~~~~0.3 0.5 05.5 .18.0 21.8.134 2.1 44 1998 World Development rindicators 2.1 Knowing the size of a country's population, its and the independence of census agencies from * Total population of an economy includes all resi- growth rate, and its age distribution is important for undue political influence. dents regardless of legal status or citizenship- evaluating the welfare of its citizens, assessing the Population projections are made using the cohort except for refugees not permanently settled in the productive capacity of its economy, and estimating component method. This method compiles separate country of asylum, who are generally considered part the quantity of goods and services that will be projections of future fertility, mortality, and net migra- of the population of their country of origin. The indi- needed to meet future needs. Thus governments, tion levels by age and gender, then applies them to cators shown are midyear estimates for 1980 and businesses, and anyone interested in analyzing eco- the 1995 base year age and gender structure. Future 1996 and projections for 2010. * Average annual nomic performance must have accurate population fertility, mortality, and net migration levels are deter- population growth rate is the exponential change for estimates. minedfromdemographicmodelsthatusecurrentlev- the period indicated. See Statistical methods for Population estimates are usually based on elsandtrendsasinputs.Countrieswherefertilityhas more information. * Age dependency ratio is the national censuses, but the frequency and quality of been falling are assumed to have further declines at ratio of dependents-people younger than 15 and these censuses vary by country. Most countries con- the rate of the previous 10 years until fertility reaches older than 65-to the working-age population-those duct a complete enumeration no more than once a the replacement level of about two children. In coun- age 15-64. * Population age 60 and above is the decade. Precensus and posteensus estimates are tries where fertility has remained high, the transition percentage of the total population that is 60 or older. interpolations or extrapolations based on demo- to smaller families is assumed to occur at the aver- * Women age 60 and above is the ratio of women graphic models. Errors and undercounting occur even age rate of decline of countries that are currently to men in that age group. in high-income countries; in developingcountries such making this transition. Countries where fertility is errors may be substantial because of limits on trans- below two children per woman are assumed to Data sources portation, communication, and resources required to remain at this level for another decade. after which conduct a full census. Moreover, the international fertility rates will gradually return to replacement The World Bank's population comparability of population indicators is limited by dif- level. Similarly, mortality changes are modeled by estimates are produced by the ferences in the concepts, definitions, data collection assuming that the rate of change in the previous __ Human Development Network procedures, and estimation methods used by national decade will continue in the near future. Future mor- and the Development Data statistical agencies and other organizations that col- tality in countries with high levels of HIV infection is Group in consultation with the lect population data. adjusted to reflect the lagged impact of the disease h . Bank's operational staff. Of the 148 economies listed in the table, 129 con- on mortality. Important inputs to the World ducted a census between 1987 and 1997. The cur- Bank's demographic work rentness of a census, along with the availability of come from the following sources: census reports and complementary data from surveys or registration sys- other statistical publications and electronic bulletins Population growrth rates are declining tems, is one of many objective ways to judge the qual- from country statistical offices; demographic and health ity of demographic data. In some European countries % surveys conducted by national sources; United Nations registration systems offer complete information on Department of Economic and Social Information and population in the absence of a census. See Primary ' - Policy Analysis, Statistics Division, Population and Vttal data documentation for the most recent census or Statistics Report (quarterly), and Population Division, survey year and for registration completeness. World Population Prospects: The 1996 Edition; Current population estimates for developing coun- Eurostat, Demographic Statistics (various years); tries that lack recent census-based population data, j ' I Council of Europe, Recent Demographic Developments and precensus and postoensus estimates for coun- ,-, in Europe and North Amenica 1996; South Pacific tries with census data, are provided by national sta- | | Commission, Pacific Island Populations Data Sheet tistical offices or by the United Nations Population rt' Ec*- . * MNA SAS SSA .: 1997; Centro Latinoamericano de Demografia, Boletin Division. The estimation methods require fertility, * .-- - v. * I--L_r1,, Demogratico (various years); Economic and Social mortality, and netmigration data, which are often col- Source. P. E; v ,.,-l Commission for Western Asia, Demographic and lected from sample surveys, some of which may be Related Socio-Economic Data Sheets 1995; and U.S. small or have limited coverage. These estimates are Tne worl,'s population Is e'ipecled to Inciebse ') Bureau of the Census. World Population Profile 1996. more than 1 billon people over the neet 14 veamh. the product of demographic modeling and so are also Of thli Increase. 9 out of 10 people will be adoled Projections are based on the methods discussed in Bos susceptible to biases and errors due to shortcom- In' oe%eloping countrias While the highest growth and others, World Population Projections 1994-95. ratei will continue to be In Sto-Saharan Ahica and ings of the model, as well as the data. the MKdo,e Eas7 and North Africa. the war'ar.on Irr The quality and reliability of official demographic gro.lh rdie. dille.s Irom ite partlem o absomne Increase In popLlation. Th6 largesl popaLlation In- data are also affected by public trust in the govern- creases are expected In South Asla. Ease Asl3. and ment, the government's commitment to full and accu- Sub-Saharan tica. rate enumeration, the confidentiality of and protection against misuse accorded to census data, 1998 World Development Indicators 45 2.2 Population dynamics Crude death Crude birth Projected [ Population [ Future population growth Average annual rate rate additional momentum due to population population growtl irates from 2000 Above- Age Age Age per 1,000 per 1.000 replaceme nt Mortality 0-14 15-64 65± people people Momentum fertiliy improvements % A/ A 1980 1996 1980 1996 mnillions I 1996 millions millions millions ±990-96 1990-96 ±990-96 Albenia 6 6 29 20 2 1.4 1.2 0.1 0 .5 -0.8 0.1 2.6 Algeria 12 5 42 26 31 1.6 18.4 4.8 8.1 0.4 3.5 3.3 Angola 23 19 50 48 37 1.5 6.4 23.7 6.5 3.3 2.8 2.7 Argentina 9 8 24 19 20 1.4 13.5 0.8 5.9 0.2 1.7 2.3 Armenia6 7 23 13 1 1.2 0.9 -1.0 0.6 -0.5 1.1 6.4 Australia 7 7 15 14 2 1.2 3.2 -1.6 0.8 0.7 1.1 2,1 Austria 12 10 12 11 -2 1.0 0.0 -2.0 0.2 0.6 0.7 0.5 Azerbaijan 7 6 .25 17 3 1.3 2.6 -1.8 1.7 0.0 1.0 4.6 Bangladesh 18 10 44 28 127 1.5 69.3 7.8 49.6 0.5 2.6 1.0 Belarus 10 13 16 9 -2 1.0 0.0 -3.2 1.7 -.1.5 0.0 3.0 Belgium 12 11 13 11 -2 1.0 0.0 -1.9 0.4 -0.1 0.2 1.2 Benin 19 13 49 42 13 1.6 3.9 6.9 2.6 2.2 3.7 0.3 Bolivia 15 9 39 34 12 1.8 4.6 4.3 2.9 2.0 2.6 3.3 Bosnia and Herzegovina 7 .. 19 Botswana 14 13 48 33 2 1.4 0.6 0.4 0.9 1.7 3.1 2.1 Brazil 9 7 31 21 107 1.4 61.6 0.3 44.6 -0.4 2.3 3.2 Bulgaria 11 14 15 9 -3 0.9 -0.6 -2.9 1.0 -2.9 -0 6 1.5 Burkina Faso 20 18 47 45 31 1.4 4.8 19.3 6.6 2.5 2.9 4.0 Burundi 16 17 46 43 18 1.4 3.1 11.1 3.8 3.0 2.4 0.7 Camrbodia 27 13 40 34 14 1.4 5.0 5.1 4.3 3.7 2.0 3.2 Cameroon 15 11 47 40 29 1.5 8.0 12.6 8.1 2.7 3.1 2.7 Canada 7 7 15 13 1 1.1 3.7 -3.8 0.8 0.6 1.2 2.6 Central African Republic 19 17 43 38 6 1.4 1.5 2.4 1.7 2.0 2.4 1.9 Chad 22 17 44 42 15 1.5 3.4 8.5 3.0 2.6 2.5 2.2 Chile 7 5 24 19 6 1.4 6.2 0.0 1.5 1.0 1.6 3.1 China 6 7 18 17 348 1.2 278.7 -184.5 255.2 0.1 1.3 3.8 *Hong Kong, China 5 5 17 10 -1 1.0 0.3 -2.1 0.5 -0.8 1.8 4.7 Colombia 7 6 30 23 28 1.4 17.5 0.4 9.8 0.8 2.1 5.0 Congo, Dem. Rep. 17 14 48 45 156 1.6 29.8 100.9 25.7 3.3 3.0 2.8 Congo, Rep. 16 15 46 43 8 1.5 1.5 4.5 1.4 3.1 2.6 3.8 Costa Rica 4 4 30 23 3 1.6 2.2 0).1 0.4 1.1 2.5 4.2 C6te dIlvoi re 16 12 51 37 24 1.5 8.4 9.1 6.9 2.2 3.6 3.8 Croatia . 1 . 11 -1 0.9 -0.3 -1.0 0.6 -2.2 -0.4 4.9 Cuba 6 7 14 14 0 1.2 2.0 -3.0 1.0 -0.1 0.7 1.9 Czech Republic 13 11 15 9 -2 1.0 0.1 -36 1.1 -. . . Denmark 11 12 11 13 0 1.0 -0.1 -0.5 0.4 0.9 0.3 -0.4 Dominican Republic 7 5 33 26 7 1.5 4.6 0.4 1.8 0.8 2.4 4.5 Ecuador 9 6 36 26 11 1.6 7.0 1.0 3.0 0.8 2.9 3.2 Egypt, Arab Rep. 13 8 39 26 58 1.5 31.3 9.0 17.7 0.9 2.6 3.3 El Salvador 11 6 39 31 7 1.6 4.1 1.2 1.7 0.5 3.6 4.2 Eritrea -. 13 .. 40 11 1.5 2.1 6.1 2.3 2.8 2.6 3.3 Estoniea1 13 15 9 0 0.9 -0.1 -.5 0.2 -31 1. 09 Ethiopia 20 17 47 48 216 1.5 34.8 148.5 33.0 2.5 1.9 1.8 Finland 9 10 13 12 0 0.9 -0.7 -0.4 1.0 0.1 0.3 1.5 France 10 9 15 13 -1 1.1 6.3 -8.0 0.8 -0,4 0.4 2.0 Gabon 18 14 33 36 2 1.4 0.5 1.0 0.4 3.3 2.2 2.5 Gambia. The 24 14 48 40 2 1.4 0.5 1.1 0.6 3.3 3.8 3.7 Georgia 9 7 18 11 0 1.1 0.6 -1.5 0.7 -1.2 -0.4 3.6 Germany 12 11 11 9 -723 0.9 -5.5 -19.9 2.8 0.4 0.4 1.0 Ghana 15 10 45 36 33 1.6 12.0 14.3 7.0 2.4 2,9 3.7 Greece 9 10 15 10 -2 1.0 0.2 -2.7 0.3 -2.0 0.6 3.4 Guatemala 11 7 43 35 20 1.7 8.2 7.5 4.0 2.3 3.2 4.3 Guinea 24 18 46 43 17 1.5 3.5 10.2 3.4 2.5 2.8 2.9 .Guilnee-Biessau 25 22 43 .44 2 140.4 1.4 0.6 2.4 1.8 1.7 Haiti 15 12 37 32 9 1.4 3.3 2.1 3.5 2.0 2.1 1.1 Honduras 10 6 43 35 11 1.7 4.8 4.0 2.1 2.4 3.6 4.1 46 1998 World Development Indicators 2.2 Crude death Crude birth Projected Population Future population growth Average annual rate rate additional momentum due to population population growth rates from 2000 Above- Age Age Age per 1,000 per 1.000 replacement Mortality 0-14 15-64 65÷ people people Momentum fertility improvements % % % 1980 1996 ±960 1996 m0llions 1996 millions millions millions 1990-96 1990-96 1990-96 Hungary .14 14. 14 10 -2 1.0 -0.4 -2.5. 1.5 -2.3 0.1 0.6 India 13 9 35 25 724 14.4 391.9 53.5 278.9.. 0.9 2.2 3.1 Indonesia 12 8 34 23 .144 1.4 81.0 1.9. .61.0 0.2.. 2..3. 3... .8I.... Iran, Islamic Rep. 11 5 44 26 66 1.6 37.1 13.1 16.1 0.6 3.8 5.3 Iraq 9 9 41 37 51 1.7 17.2 27.6 5.9 2.1 3.3 3.5 Ireland 10 9 22 14 1 1.3 0.9 0-05 ......0:.3 7-21- 1.4 .0:.5. Israel 7 6 24 21 4 1.4 2.7 0.5 0.7 2.0 4.2 1.5 Italy 10 10 11 9 -18 0.9 -3.0 -15.9 1.1 -1.8 0.1 2.2 Jamaica 7 6 2 8 21 2 _1.5_ 1.3_ _-0.3_ _0.5 0.3 1.4 0.0 Japan 6 7 14 10 -30. 08.8 -210.0 -28.~8 194.4 -2.3 0.2 .4.0 Jordan . 5 . 31 7 1.7 3.4 2-.3 1.3 4.0 60.0. .5.7 Kazakrhstan 8 10 24 15 6 1.2 3.3 -17 4.3 -1.5 0.0 2.7 Kenya 13 9 51 34. 42 16.6 1-82 103.3 13.4 1.4 3-8 1.3 Korea, Dem. Rep.. 6 .9 .22 22 10 1.2 5.0 -0.9 6.1 16.6 1.4... 35.5 Korea. Rep. 6 6 22 15 6 1.2 75.5 -94.4 8.3 -1.0 1.4 3.5 Kumait 4 2 37 22 1 1.5 0.9 0.3 0.2 -4.5 -5.2 1.4 Kyrgyz Republic 9 8 30. 24 4 ..'1.5 2.2 0.2 1.4 0.1. 0.7 3.1. Lao PDR 20 14 45 40 10 -1.5 2.7 4.7 22.2 2.7 2.3 8.2 Latvia 13 14 15 8 -1 1.0 -0. i -0.9 0.3 -2.3 -1.2 0.8 Lebanon- 9 7. 30 24 3 1.5 2.1. 0.1 1.0 -1.4 2.1. 3.2 Lesotho ... .... 15. 11 41. 32 3 1.5 1. i 1.0 0.8 1.2 28.8 -I 19 Libya 12 5 46 28 9 1.6 3.6 2.9 1.9 1.1 3.6 5.8 Lithuania .10 12 16 11 0 ..1.0 0.1 --10.0 . 05.5 -.14.1.. -0,.1 ..2.0 Macedonia, FYR 7 8 21 16 1 1.2 0.4. 0.0 0.3 -0.7 M09 3.5 Madagascar 16 11 46 41 38 1.6 9.9 21.6 6.8 2.1 3.1 4.7 Malawi ~23 20 57 46 24 .1.4 4.6 13.7 5.6 25.5 ..2.9 1.8 Malaysia 6 5 31 27 20 1.5 12.3 2.2 5.2 2.0 2.4 3.2 Mali 22 16 49 49 30 1.6 65.5. 175.5 5.9 3.0 2.5. 3.2 Mauritania 19 14 43 38 4 1.5 1.3 2.0 1.0 2.0 3.0 2.2 Mauritius 6 7 24 18 1 1.3 0.3 0.0 0.2 -0.3 1.6 3.1 Mexico 7 5 33 26 82 1.6 60.2 2.9 19.1 0.3 2.8 2.3 Moldova 10 12 20 12 1 1.1 0.5 -0.9 0.9 -1.4 0.2 1.9 Mongolia 11 7 38 28 3 1.6 16.6 0.4 08'.8 0.7 3.1 1.5 Morocco 12, 7 '38 _25 25 1.5 ~ _151.1 2.2 "7.7 0.4. 2.7_ _3.9 Mozambique ....- 20. 18~ 46 44 47 1.5 9.1 27.9 9.9 4.4 3.8. -0.9 Myanmar 14 10 36 27 39 1.4 21.1 2.7 15.3 0.8 2.2 2.7 Namibia 14 12 41 36 3 1.5 0.8 1 .3 0.8 2.3 2.8 3.0 Nepal 17 11 43 37 421. 12.6 20.4 9.3 2.6 2.7 2.5 Netherlands 8 9 13 12 -2 1.0 0.7 -28.8 0.-6 0.8 0.5 1.3 New Zealand 9 8 .16 16 1 1.2 0.8 -0.1 0.3 0.8 1. 2.70 Nicaragua 11. 63 45 33 7 1~.7 3.7 I1.9. 1.5.. 19.9 3.9 4.6 Niger 23 18 51 51 33 1.5 5.6 21.7 5.7 3.5 30.0 2.9 Nigeria 18 13 50 41 280 1.5 68.3 152.7 59.0 2.8 3.1 1.4 Norway 10 10 12 14 0 1.0 0.1 -0.3 0.4 0.9 0.5 0.1 Oman 10 4 45 42 10 1.8 2.0 7.3 1.0. 5.4 4.9 5.6 Pakistan 15 8 47 37 260 1.7 105.1 121.1 34.0. 2.9 2.8.. 3.9 Panama 6 5 29 22 2 1.5 1.5 0.0 0:4 0.6 2.4. .2.9 Papua Nem Guinea 14... 10 37 32 7 1.4 2.0 2.7 .2.0 1.8 2.4 5.6 Paraguay 7 5 36 30 7 1.7 3.6 1.8 1.3 2.3 3.0 2.0 Peru 11 6 35 25 22 1.5 130.0 1.5 71.1 0.7 27.7. 3.8 Philippines 9 7 35 29 80 1.5 41.0 14.7.. 24.7 1.6 2.7 3.0 Poland 10 10 19 11 1 1.1 3.7 -8.6 5:.5 -. 0.7 2.0 Portugal 10 11 16 11 -2 1.0 0.2 -2.7 0.9 -1.9 0.0 2.8 Puerto Rico 6 8 23 17 1 1.3 1.1 -0.3 0.5 -0.5 1.6.. 1.8 Romania 10 13 18 10 74 1.0 0.3 -7.8 3.7 -32 0.0,. 2.0 Russian Federation 11 14 16 9 -20 1.0 -4.1 -42.6 26. -1.8 0.0 3.2 1998 World Development Indicators 47 O ~2.2 Crude death Crude birth Projectedl Population Future population growth Average annual rate rate additional momentum due to population popiulation gotraes from 2000 got a Above- Age Age Age per 1,000 per 1.000 replacement Mortalit 0-14 15-64 65+- people people Momentum fertjl,t mprvmet % % % 1980 1998 1980 1996 rmillions 1996 millions millions millions 1990-96 1990--96 1990-96 Rwanda 19 21 51 40 18 1.4 3.5 9.3 4.8 -0.3 -0.5 -3.4 Saudi Arabia 9 5 43 35 69 1.6 14.2 46.5 8.0 3.4 3.7 4.7 Senegal 20 14 46 40 1S 1.4 3.8 8.9 5.2 2.2 2.8 2.6 Sierra Leone 29 27 49 48 10 1.4 1.8 5.1 2.7 3.3 1.8 -0. 5 Singapore 5 5 17. 16 0 1.1 0.4 -0.~4 0.3 2.5 1.5 4.3 Slovek Republic 10 10 19 11 0 1.1 0.6 -1.5 0.8 -2.0 0.8 1.1 Slovenia 10 9 15 10 -1 0.9 -0.1 -0.6 0.3 -2.8 0.3 1.8 South Africa 12 8 36 27 32 1.5 18.5 1.5 12.3 0.0 2.8 1.1 Spain 8 9 15 9 -~10 1.0 0.7 -12.9 1.8 -3.0 0.5 2.3 Sri Lanka 6 6 28 19 10 1.4 6.8 -0.4 3.5 -0.9 1.8 3.6 Sudan 17 12 45 34 48 1.5 13.8 21.6 13.0 0.9 3.0 3.0 Sweden 11 11 12 11 -10.9 -0.9 -1.4 1.4 1.3 0).4 0.1 Switzerland 9 9 12. 12. -1 1.0 0.1 -1.1 0.1 1.5 0.7 1.0 Syrian Arab Republic 9 5 46 30 23 1.7 11.6 6.2 5.0 1.5 4.1 4.5 Tajikistan ..... 8 5 37 22 6 1.6 3.9 0.0 1.8 1.0 2.3 4.1. Tanzania 15 14 47 41 66 1.5 16.3 32.8 17.2 2.7 3.1 3.2 Thailand 8 7 28 17 17 1.3 18.1 -14.8 13.2 -1.3 2.2 4.0 Togo 16 15 45 42 12 1.5 2.2 7.6 2.3 3.1 2.9 2.7 Trinidad and Tobago . 7 7 29 16 1 1.3 0.4 0.0 0.2 -1.3 1.8 1.2 Tunisia 9 6 35 2 3 7 1.5 4.7 0.1 2.4 0.4 2.6 3.9 Turk.ey-10 7 32 22 43 1.4 27.5 0.7 14.8 -0.4 2.7 5.3 Turkmenistan 8 7 34 24 4 1.5 2.6 0.3 1.5 3.0 41 5.5 Uganda 18 19 49 49 50 1.4 8.4 27.2 14.2 3.3 3.0 1.7 Ukraine ..... 11 15 15 ...9 -10 0..9 -2.6 -15.1 8.1 -1.7 -0.3 2.1 United Arab Emirates 5 3 30 19 2 1.2 0.6 0.6 0.3 3.8 5.8 6.8 United Kingdom 12 11 13 12 -3 1.1 3.5 -7.8 1.8 0.4 0.3 0.4 United States 9 8 16 15 70 1.2 49.1 11.4 9.9 1.1 1.0 1.2 Uruguay.10 10 19 17 1 1.2 0.7 0.0 0.4 -0.4 0.8 1.6 Uzbekistan 8 6 34 27 24 1.6 14.9 1.9 6.8 1.4 2.4 3.7 Venezuela 6 5 33 25 20 1.5 13.2 1.7 5.1 1.1 2.8 4.3 Vietnam 8 7 36 25 70 1.5 42.8 5.2 22.0 1.2 2.8 2.1 West Bank and Gaza .. 5 . 44 . 2.0 4.5 1.1 4.6 3.9 4.3 Yemen, Rep. 19 13 53 4( 66 1.6 11.1 45.7 9.2 4.3 b.2 ~3.8 Yugoslavia, FR (Serb/Mont.) 9 ~~11 18 13 1 1.0 0.4 -11 18 -1.4 -0.1 4.3 Zambi'a 15 18 50 43 15 1.4 4.0 5.4 5.7 1.9 3.6 1.8 Zimbabwe 13 10 49 31 13 1.5 5.6 1.5 5.6 1.6 2.9 4.2 Low Income 11 9 31 26 3,129 1.5 1,278.8 857.8 992.1 1.2 2.0 3.2 Exci. China & Inda 16 1 5 3 ,5 . 61. 8. 458.0 2.1 2.7 2.5 Middle income 10 8 .29 21 1,078 1.4 616.7 63.8 397.7 0.2 1.9 3. L~o'w-er ..m i'd"dl e in"co"m..e.... 10 9 29 . . 7 21 1.4 418.0 16.5 286.7 0.2 1.9 3.4 U~p-p-er ..m i'd"dl ei"n'c'o"m..e...9 7 28 22 357 1.4 198.7 47.3 111.0 0.1 2.1 2.4 Low' . .. mr'iiidle Ino m"e ...11 9 30 24 4,207 1.4 1,895.5 921.6 1,389.8 0.9 1.9 3.2 E~a-s t A's ia, . & ..P"ac'i'fic ......8 7 22 19 761 1.3 509.3 -160.6 412.0 0. 16 36 E'uro"pe ..& ...Ce'nt'r"al"A"s ia 10 11 19 13 50 1.1 578 -97.6 89.7 -1.2 0.5 2.8 'La't'in ..Am ..e'r'ica ..&.. Ca-rib.....8 7 31 23 385 1.4 238.3 283 183 04 2.4 3.0 South Asia 14 9 37 27 1,163 1.4 585.7 202.4 375.3 1.1 2.3 3.0~~~~~~~~~~~~~~~:2024 33.3 1.1 2.3 3. ..uAbfrSahar .....n..A...rica....18 14.....47...41 1,416.......1.57..330.6..4-1776.8...1 308.1 .. 12.40 632.9 .4 2 2.1. Hihincome 9 9 15 12 -8 1.1 50.7 -114.2 55.8 0.4 1.1 2.1. 48 1998 World Development Indicators 2.2 The vital rates shown in the table are based on data more births than deaths (momentum greater than * Crude death rate and crude birth rate are the derived from registration systems, censuses, and one); mortality will keep falling (the situation in most number of deaths and the number of live births occur- sample surveys conducted by national statistical countries), with the greatest effect on population ring during the year, per 1,000 midyear population. offices. As with the basic demographic data in table growth in countries where infant and child mortality The difference between the crude birth rate and 2.1, estimates for 1996 are based on projections are currently high; and net migration will be positive. crude death rate is the rate of natural increase. from censuses or surveys from earlier years, and Thetable showsthecontributionthateachofthese * Projected additional population from 2000 is the hence international comparisons are limited by dif- components makes to future population growth (mor- projected increase in population between 2000 and ferences in definitions and data collection and esti- tality and migration are combined). For example, the projected stationary population that is reached mation methods. Algeria's population is projected to grow to 62 million after fertility has been at replacement level for many Vital registers are the preferred source of these before it stabilizes. Of the 31 million increase, about decades. A negative number indicates a projected data, but in many developing countries systems for 18 million is the result of population momentum, 5 decline in population. * Population momentum is the registering births and deaths do not exist or are million is due to excess fertility, and 8 million is due ratio of the population when zero growth has been incomplete because of deficiencies in geographic cov- to projected mortality decline. A negative value for any achieved to the population in year t(in this case the year erage or population coverage. For these countries, component indicates that current conditions are such 2000), given the assumption that fertility remains at vital rates are estimated by applying various demo- that they would lead to population decline. A momen- replacement level from year tonward. * Future popula- graphic methods to incomplete vital registration data tum indicator of less than one indicates that even a tion growth due to momentum is the projected increase or to data from surveys and censuses. The United recovery to replacement-level fertility by 2000 will not in population from 2000 onward that would occur if fer- Nations Department of Economic and Social prevent a decline in population. tility were at replacement level. A negabve number indi- Information and Policy Analysis has monitored vital X F_ cates that negative momentum has built up in the age registration systems for many years. Its quarterly pub- structure as the result of fertility being below replace- lication, Population and Vital Statistics Report, shows ment level for several decades. * Future population Population momontum tends to be the. that the proportion of countries with at least 90 per- biggest contributor to population growth due to above-replacement fertlifty is the pro- cent complete vital registration increased from 46 per- growth jected change in population from 2000 onward that cent in 1990 to 52 percent in 1997. Still, some of the would occur if fertility were not at replacement level. most populous developing countries-China, India, .;,,, * Future population growth due to mortality Improve- Indonesia, Brazil, Pakistan, Nigeria, Bangladesh-do 1 ments is the projected increase in population from 2000 not have complete vital registration systems. As a i I onward due to projected changes in mortality and net result less than 25 percent of vital events worldwide , . j I migration. * Average annual population growth rates are thought to be recorded. . I I I I * I are calculated using the exponential end-point method In many countries fertility rates have fallen to near (see Statistical methods for more information). the two-child replacement level, and in some coun- -lo;, tries they have fallen well below that. But almost all -IfO Data sources these countries will continue to have growing popu- -O, lations over the next several decades as large 13P 4f ,5' 1 45' The World Bank's population cohorts born in previous years move through the * Population estimates are produced by the reproductive ages, generating more births than are momentum Human Development Network 0 Above-replacement offset by deaths in the smaller, older cohorts. The fertilty and the Development Data reverse may happen in countries with aging popula- * Mortality Group in consultation with the tions and a history of low fertility rates. This phe- s Bank's operational staff. Source: World Bank statff estimates. V nomenon, called population momentum, is S Bs t e Important inputs to the World measured here as the ratio of the population when Between 2000 and when stationarV population Is Bank's demographic work zero growth has been achieved to the population in reached. tis wsorilos populatiorn will increase bE come from the following sources: United Nations about 4.2 blillion people. This figure showks The 2000, assumingthatfertility remains at replacement contributions that population momentum, high Department of Economic and Social Information and level from 2000 onward. A momentum ratio greater fertility, and nortallty Improvements will make to Policy Analysis Statistics Division Population and Vital future population growth. Population momentum is than one indicates that population will continue to likely to be a major source of population growth In Statistics Report (quarterly), and Population Division, grow even after replacement-level fertility has been all regions except SubSaharan Afdca. In Sub- World Population Prospects: The 1996 Edition; census Saharan Africa the persistence of fertility well achieved; a ratio of less than one indicates that pop- above repiacement level will account for more than reports and other statistical publications from country ulation will decline. half of the region's tluture populatlon growth. In statistical offices; demographic and health surveys contrast. low fertllity In Europe and Ceniral A-la Population will continue to grow in most countries andEastAslaw llreduceoverallpopulationgrowth. conducted by national sources; and Eurostat, for several reasons: fertility will remain above replace- Demographic Statistics (various years). Projections are ment level, increasing the size of each generation; based on the methods discussed in Bos and others, population momentum in the age structure will lead to World Population Projections 1994-95. 1998 World Development Indicators 49 t) ~2.3 Labor force structure Population age Labor force 15-64 Average annua Toat growth rate Feote e Chiloren 10-14 millons milJlers IL of labor force I, of age group 1980 1996 1980 1996 2010 1980-96 1996-2010 1980 1996 1980 1996 Albania 2 2 1 2 2 LB 1 39 41 4 1 Algeria 9 17 5 9 15 3.7 3.6 21 25 7 1 Angola 4 5 3 5 8 2.3 2.7 47 46 30 27 Argentina 1 7 22 1 1 14 18 1.5 1.9 28 3 1 8 4 Armenia 2 2 1 2 2 1.2 0.9 48 48 0 C Australia 10 12 7 9 10 1.8 0.7 37 43 0 0 Austria 5 5 3 4 4 0.5 -0. 1 4 0 4 1 0 0 Azerbaijan 4 5 3 3 4 1.1 1.4 47 44 0 0 Bangladesh 44 66 41 61 81 2.4 1.9 42 42 35 30 Belarus 6 7 5 5 5 0.2 0.0 50 49 0 0 Belgium 6 7 4 4 4 0.3 -0.2 34 40 0 0 Benin 2 3 2 3 4 2.5 2.5 47 48 30 27 Bolivia 3 4 2 3 4 2.4 2.4 33 37 19 14 Bosnia and Herzegovina 3 ..2 33 .. 1 Botswana 0 1 0 1 1 2.9 1.7 50 46 26 16 Brazil 70 103 46 72 87 2.4 1.2 28 35 19 16 Bulgsaria6 6 6 4 4 -0.5 -0.8 4 5 48 0 0 Burkina Faso 3 5 4 6 7 1.9 1.9 48 47 71 50 Burundi 2 3 2 3 5 2.5 2.6 50 49 50 49 Cambodia 4 6 3 5 7 2.5 2.3 56 53 27 24 Cameroon 5 7 4 6 6 2.5 2.5 37 38 34 25 Canada 17 20 12 16 17 1.5 0.5 40 45 0 0 Central African Republic 1 2 1 2 2 1.6 1.7 48 47 39 31 Chad 2 3 2 3 5 2.1 2.3 43 44 42 38 Chile 7 9 4 6 7 2.3 1.9 26 32 a 0 China 566 821 539 718 804 1.7 0.7 43 45 30 11 Hong Kong, China 3 4 2 3 4 1.6 0.7 34 37 8 0 Colombia 16 23 9 16 22 3.2 2.0 26 38 12 8 Congo, Dern. Rep. . 14 . 22 . .2 19 29 2.7 2.6 45 44 33 29 Congo, Rep. 1 1 1 1 2 2.7 2.4 43 43 27 28 Costa Rica 1 2 1 1 2 3.1 1.9 21 30 10 5 Cdte dIlvoire 4 7 3 5 7 2.6 2.0 32 33 28 20 Croatia 3 3 2 2 2 0.2 -0.3 40 44 0 0 Cuba 6 6 4 5 6 L.9 0.7 31 36 0 0 Czech Republic 6 7 5 6 5 0.3 -0.3 47 47 0 Denmark 3 4 3 3 3 0.4 -0.3 44 48 0 0 Dominican Republic 3 5 2 3 5 2.8 2.2 25 29 25 18 Ecuador 4 7 3 4 6 3.2 2.5 20 27 9 5 .Egy.pt,Arab Rep. . 23 35 14 22 32 2.4 2.5 26 29 18 11 El Salvador 2 3 2 2 4 2.3 2.9 27 35 17 15 Eritrea . 2 .. 2 3 .. 2.9 47 47 44 39 Estonia 1 1 1 1 1 -0.2 -027 51 49 0 0 Ethiopia 19 30 17 26 39 2.6 2.7 42 41 48 42 Finland 3 3 2 3 2 0.4 -0.3 46 48 0 0 France 34 38 24 26 27 0.5 0.3 40 44 0 0 Gab on 0 10 1 1 2.0 1.6 45 44 29 18 Gambia. The 0 1 0 1 1 3.1 2.4 45 45 44 36 Georgia 3 4 3 3 3 0.2 0.1 49 46 0 0 Germany 52 56 37 41 40 0.5 0.0 40 42 0 0 Ghana 6 9 5 6 12 2.8 2.4 51 51 16 13 Greece 6 7 4 4 5 1.0 0.3 28 37 5 0 Guatemala 4 6 2 4 6 2.9 3.1 22 27 19 16 Guinea 2 3 2 3 5 2.0 2.4 47 47 41 33 Guinea-Bissau 0 1 0 1 1 1.5 2.0 40 40 43 38 Haiti 3 4 3 3 4 L.4 L.5 45 43 33 25 Honduras 2 3 1 2 4 3.5 3.4 25 30 14 8 50 1996 Warld Developmernt Indicators 2.3 Population age Labor force 15-64 Average annual Total growth rate Femnale Children 10-14 millions millions S S of labor force S of age gtoup 1.980 1996 1980 1996 2010 1.980-96 1.996-2010 1.980 1.996 1980 1.996 Hungar7 7 5 5 4 -0.4 -0.4. 43 44. 0 0 India ~~~~~~~~ ~~395 574 300 408 519 1. 1.6 34 32 21 14 Indonesia 83 124 59 9 1 124 2.6 2.0 35 40 13 9 Iran, Islamic Rep. 20 35 12 19 31 2.8 3.3 20 25. 14 4 iraq 7 12 4 6 9 2.8 3.3 17 18 11 3 Ireland 2 2 1 1 2 0.8 1.0 28 33 1 0 Israe 12 4 1 2 3 2.8 2.5 34 40 0.. 0 Italy 36 39 23 25 24. 0.6 -0.2 33 38 .... 20 Jamaica 1 2 1 1 2 1.9 1.3 46 46 0 0 Japan79 87 5 7 66 6 6 0:9 0.0 38. 41 0 . 0 Jordan 1 2 1 1 2 417 3..8 15. 22 4.. 1 Kazakhatan 9 11 7 8 8 0.6 0.5 48 47 0 0 Kenya8 14 8 13 18 3.1 2.2 46 46 45 41 Korea, Dam. Rep.1018 . 3.2. 141 45 4 5 3 9.. Korea, Rep. 24 32 16 22 26 2.1 1.2 39 41. 0 0 Kuwait 1 1 0 1 1 2:6 1.7 13 29 0 0 Kyrgyz Republi2. ... 3 .2 .2 3 1.4 117 48 47 0 0 Lao PDR 2 .2 2 2 3 1.9 . 2'5 45 .47 31 27 Latvia 2 2 1 1 -1 -0.3 -0.6 5 1 50 0 0 Lebanon 2 2 1 1 2 2.7 2.5 23 28 5 0 LesothoI1 1 1. 1 1. .22.2 2.1 38. 37 28 22 Libya ..2 .3 .. ... ..1 . 1 .2 .2:6 2.4 19 21 9 0 Lithuania 2 2 2 2... .. 2. 0.3 -0.-1 50 48 .....0 0 Macedonia, FYRI1 1 1 1 1 07.7 0.8 36 41 1..0 Madagascar I.... 4 . 7 . ... .4 7 ... 10. 25.5 .28 45 45 40 35 Malawi 3 5 3 5 7 2.6 2.1. 51.. 49 45 34 Malaysia 8 12 5 8 12 2.6 2.4 34 37 8 3 Mali 3 5 3 5 7 2.2 2.6 47 46 61 54 Mauritania1 1 1 1 2 2.1 2.3 ... 45. 44. 30 24 MauritiusI1 1 0 0 1 1.9 1'2 26 32 5 3 Mexico 34 57 22 37 52 30.0 2.3 27 31 9 ~ .. 6 Moldova 3 3 2 2 2 0.1 0.2 50 49 3 0 MongoliaI1 1 1 1 2 2:8 2.348 4E5 .. 42 Morocco 10 16 7 11 15 2.4 2.4 34 35 21 5 Mozambique 6 9 7 9 13 1.8 2.5 49 48 39 34 Myanmar 19 28 17 23 29 1.8 1.5 44 43 28 24 Namibia 1 1 0 1 1 2:3 21.. 40 41 ....34 21 Neapl8 12 7 10 15 2.3 2.4 39 40 56 45 Netherlands 9 11 6 7 7 14.4 0.0 31 40 0 0 New Zealand 2 2 1 2 2 17.7 0.9 34 44 0 0 Nicaragua 1 2 1 2 3 3.1 3.4 28. 36 19 14 Niger . . ..35.. . 3 4 7 2.8 2.8 45 44. 48 45 Nigeria 38 60 30 45 68 25.5 2.6 36. 36 29. 25 Norway 3 3 2 2 2 0.8 0.3 40 46 0 0 OmanI1 1 0 1 1 3.6 4.1 7 15 6 0 Pakistan 44 72 29 48 78 2.9 3.1 23 27 23 17 Panama 1 2 1 1 1 2.7 1.9 30 34 6 3 Papua New Guinea 23 2 2 3 2.0 2.1 42 42 28 19 Paraguay~~2 3 1 2 3 2.7 2.7 27 29 15 7 Peru 9 15 5 9 13 2.9 2.4 24 29 4 2 Philippines 27 42 19 30 42 2.7 2.3 35 37 14 8 Poland 23 26 19 19 20 0.3 0.3 45 46 0 0 Portugal 6 7 5 5 5 0.4 0.0 39 43 8 2 Puerto Rico 2 2 1 1 2 1.7 1.3 32 36 0 0 Romania 14 15 11 11 10 -0.1 -0.1 46 44 0 0 Russian Federation 95 99 76 78 78 0.1 0.0 49 49 0 0 1998 World Developmnent Indicators 51 32.32. Population age Labor force I.5-64 Average annual Total growth rate Female Ch dren 10-14 millions millions %% of labor force % of age group 1980 1996 1980 1996 2010 1980-96 1996-2010 1980 1996 1980 1996 Rwanda 3 3 3 4 6 2.7 2.5 49 49 43 42 Saudi Arabia 5 11 3 6 10 5.0 3.2 8 14 5 0 Senegal ~ ~3 4 3 4 5 2.4 2.3 42 43 43 31 Sierra Leone 2 2 1 2 2 1.9 2.3 36 36 19 15 Singapore 2 2 1 1 2 2.0 0.8 3 5 38 2 0 Slovak Republic 3 4 2 3 3 0.8 0.2 45 48 0 0 Slovenia 1 1 1 1 1 0.2 -41.2 46 46 0 0 South Africa 15 23 10 15 19 2.2 1.6 35 37 1 0 Spain 23 27 14 17 17 1.1 0.2 28 36 0 0 Sri Lanka 9 12 5 8 10 2.0 1.6 27 35 4 2 Sudan 10 15 7 10 15 2.3 2.4 27 29 33 29 Sweden 5 6 4 5 5 0.6 -0.2 44 48 0 0 Switzerland 4 5 3 4 4 1.2 0.2 37' 40 0 0 Syrian Arab Republic 4 8 2 4 7 2.9 3.1 23 26 14 5 Tajikistan 2 3 2 2 3 2.0 2.3 47 44 0 0 Tanzania 9 16 10 16 22 2.9 2.2 50 49 43 39 Thailand 26 40 24 35 39 2.1 0.8 47 46 25 15 Togo 1 2 1 2 3 2.5 2.6 39 40 36 26 Trinidad and Tobago 1 1 0 1 1 1.3 1.8 32 37 1 0 Tunisia 3 6 2 3 5 2.7 2.4 2 9 31- 6 0 Turkey 2 5 40 19 29 38 2.5 1.6 35 36 2 1 2 3 Turkmenistan 2 3 1 2 3 2.6 2.5 4 7 4 5 0 0 Uganda 6 10 7 10 14 2.3 2.4 48 48 49 45 Ukraine 33 34 26 25 24 -0.2 --0.4 50 49 0 0 United Arab Emirates 1 2 1 1 2 4.3 1.8 5 14 0 0 United Kingdom 36 38 27 29 29 0.5 0.1 39 43 0 0 United States 151 174 110 134 150 1.2 0.7 42 46 0 0 Uruguay 2 2 1 1 2 1.3 0.9 31 41 4 2 Uzbekistani 9 13 6 9 14 2.3 2.4 48 46 0 0 Venezuela 8 13 5 9 13 3.2 2.4 27 33 4 1 Vietnam 28 44 26 38 48 2.3 1.6 48 49 22 8 West Bank and Gaza . .. . . . . Yemen, Rep. 4 8 2 5 9 3.9 3.8 33 29 26 20 Yugoslavia, FR (Serb./Mont.) 6 7 4 5 5 0.7 0.2 38 42 0 0 Zambia 3 5 2 4 5 2.8 2.3 45 45 19 16 Zimbabwe 3 6 3 5 7 2.9 1.8 44 44 37 29 Low Income 1,352 1,973 1,153 1,604 2,000 1.....I9- 1...I.5.. ...40 .... 40 ....28 16 Exci. COma & ................India......371... ........ 315.i 47..... 676.... 2... 4 2.3 '40 40 . 1 .i Middle income 715 997 509 695 877 1.6 1.6 .37 36.1 Lower middle income ~~~~~506 700 367 49 26 . 1.7 . 1.6 . .9 39 . 11 7 'Low .. mi..nid-dle .. in"co..m"e .........2...0,6'7'... 2,970 1,663 2,299' 2, .878 ... 1.9...i~6.....T . 1.... . 3.23 . 14. Eta"st A's i'a ..& ..P"a"c'ific ....796 1,140 704 966.1127 . L 1.0 . .2 44 . .7 11 Europe &.. &... Central AAssia .............. 276 313..........215. 234 250.. 0.55 0.4......23. 46........ -50 3 .404 7 'Latiin"m Am.erifca ..&.. C"a'r'ib 200 300 130 201 266 2.6 1.9 28 33 19 South Asia 50838.......... 96 ....... 716..... ...... 2.0 1.8 j ~ 'g l . '-e...................5-28.... 6 .6 372 440 466 1.0 0.4 . 4330 52 1998 World Development Indicators 2.3 The labor force is the supply of labor in an economy. It The population age 15-64 isoften usedto provide a *Populationagel5-64isthenumberofpeoplewhocould includes people who are currently employed and people rough estimate of the potential labor force. But in many potentially be economically actve, excluding children. who are unemployed but seekingwork. Not everyone who developing countries children under 15 work full or part e Total labor force comprises people who meet the ILO works is included, however. Unpaid workers, family work- time. And in some high-income countries many workers definition of the economically active population: all people ers, and students are usually omitted, and in some coun- postpone retirement past age 65. As a result labor force who supply labor for the production of goods and services tries members of the military are also not counted. The participation rates may systematically over- or underes- duringa specified period. It includes both the employed and size of the labor force tends to vary during the year as timate actual rates. the unemployed. While national practices vary in the treat- seasonal workers enter and leave the labor force. The labor force estimates in the table were calcu- ment of such groups as the armed forces and seasonal or Data on the labor force are compiled by the lated by applying gender-specific activity rates from part-time workers, in general the labor force includes the International Labour Organization (ILO) from census or the ILO database to create a labor force series con- armed forces, the unemployed, and first-time job-seekers, labor force surveys. Despite the ILO's efforts to encour- sistent with the World Bank's population estimates. butexcludes homemakers and other unpaid caregivers and age the use of international standards, labor force data This procedure sometimes results in estimates of the workers in the informal sector. * Average annual growth are not fully comparable because of differences among absolute size of the labor force that differ slightly from rate of the labor force is calculated using the exponential countries, and sometimes within countries, in definitions those published in the ILO's Yearbook of Labour end-point method (see Statistical methods for more infor- and methods of collection, classification, and tabulation. Statistics. mation). * Females as a percentage of the labor force In some countries data on the labor force refer to people Estimates of women in the labor force are not com- shows the extent to which women are active in the labor above a specific age, while in others there is no specific parable internationally because in many countries large force. * Children 0-14 in the labor force is the share of age provision. The reference period of the census or sur- numbers of women assist on farms or in other family that age group that is active in the labor force. vey is another important source of differences: in some enterprises without pay, and countries differ in the crite- countries data refer to a person's status on the day of the ria used to determine the extent to which such workers Data sources census or survey or during a specific period before the are to be counted as part of the labor force. inquiry date, while in others the data are recorded with- Reliable estimates of child labor are hard to obtain. :- ' : , Population estimates are from out reference to any period. In developing countries, In many countries child labor is officially presumed not --9- the World Bank's population where the household is often the basic unit of production to exist, and so is not included in surveys or covered in database. Labor force activity and all members contribute to output, but some at low official data. Data are also subject to underreporting rates are from the ILO database, intensity or irregular intervals, the estimated labor force because they do not include children engaged in agricul- Estimates and Projections of the may significantly underestimate the numbers actually tural or household activities with their families. Economically Active Population, working (ILO 199Da, Yearbook ofLabourStatistics 1996). - i 1950-2010. The ILO publishes estimartes of the economically _ _ active population in its Yearbook of Labour Statistics. Children work loSS as ineomes rise % of children who work, 1995 12 1': GNP per capita (1987 $1 Source: ILO and World Bank estimates. Child labor Is a poverty Issue. Children who work rather than attend school cannot fully develop their skills. And premature and extensive engagement In work can damage a child's health and soclal development, leading to lower earning power and reduced productivity over the longer term. Thus the cycle of poverty continues. The Incidence of child labor declines as per capita Income rises. In countries where annual per capita Income Is $500 or less, the proportlon of children age i0-14 who work Is extremely high, at 30-50 percent (see table). But the rate falls to 10-30 percent In countries with annual Incomes between $500 and $1,000. Many factors affect the prevalence of child labor, Including culture and the structure of producton. For Instance, child labor tends to be more common In countriLes where agriculture accounts for a large share of GDP. 1998 World Development Indicators 53 2.4 Employment by occupation Employers and own-account Employees Contributing family workers Male wresFemale Male Female Male Female % of ~~% of % of % of % of % of economically active economical.y active economrically active economically active economnically active econrnomcally active male popuilation female popalation male popalation femrale population maJe population femrale population 1980 1994 1980 1.994 1980 1994 1980 1994 1980 1994 1980 1994 Angola. Argentina . . . .. Australia 15.8 16.6 1-1.2 10.5 78.0 73.2 79.1 79.4 0.3 0.7 0.5 1.3 Austria 15 .6 10.9 19.1 8 .0 84.4 87. 7 80.9 86.9 1.4 1.4 9.1 5.1 Azerbaijan . .. .. . . .. Bangladesh .. 39.2 .. 6.4 .. 15.6 .. 5.2 .. 22.3 .. 83.3 Belarus.. .. ... .. .... Belgium 14.0 16.1 8.1 8.2 79.5 74.6 70.2 69.5 0.8 0.9 6.9 7.0 Bolivia .. 31.2 .. 42.0 .. 5. . 43.6 .. 3.9 .. 8.4 Bosnia and Herz egovina Brazil .. 287.7. 21.9 .. 61.2 .. 64.4 .. 6.4 .. 10.2 Burkina Faso . . . .. . . .. Cambodia . .. .. . . .. Cameroon 61.2 .. 58.7 . 2-1.3 .. 3.5 .9.2 .. 32.7 Canada 10.1 11.1 6.4 7.7 89.3 87.9 90.7 90.3 0.3 0.2 1.9 0.9 Central African Republic . . . .. .. Chile 24.4 29.3 16.5 20.4 46.1 63.0 53.8 67.8 9.3 2.3 11.4 5.0 Hong Kong, China 12.6 14.5 4.1 3.2 83.0 83.4 88.5 92.9 0.6 0.2 3.8 2.0 Colombia 32.9 24.1 66.3 .. 62.2 .. 0.6 .. 2.2 Congo, Dam. Rep.. .. .. Congo, Rep.. Costa Rica 22.6 26.1 10.9 19.1 70.9 70.3 82.8 76.4 5.0 3.2 3.2 3.5 CSte d ivoi're . .. Czech Republic . . . .. .. Denmark 17.2 12.7 3.0 3.2 81.1 86'8 89.1 93.1 0.1 0.2 5.5 3.4 Dominican Republic Ecuador . .. .. . . .. Egypt, Arab Rep. 29.7 28.6 12.0 12.2 52.8 54.7 66.0 35.0 13.6 10.2 2.7 35.8 El Salvador 24.5 30.6 35.3 38.1 62.1 54.5 53.6 40.6 12.6 11.6 7.7 8.9 Finland 11.2 16.2 9.0 8.8 85.3 79.9 86.3 87.0 1.6 0.8 2.4 0.4 France . .. .. . . .. Gambia, The . . . .. Germnany . .. .. . . .. Greece 44.6 41.5_ 18.7 1 7.3 48.4 51.7 41.4 51.3 3.7 4.4 34.2 22.4 Guatemala 34.5 23.6 49.9 26.4 52.0 72.6 40.4 68.0G 11.5 3.4 7.6 4.7 Guinea-Bissau.. ... ... . ..... . Haiti 61.1 60.7 56.9 56.7 15.5 15.4 18.2 18.3 11.0 10.9 9.8 9.7 Hondur as 54 1998 World Developmnent Indicators 2.4 Employers and own-account Employees Contributing family workers workers Male Female Male Femnale Male Female % of % of % of % of % of % of economically active ecornomically active economically active economically active economically active economically active male population female population male population female population male population female population 1.980 1994 1980 1994 1980 1994 1980 ±994 1980 1994 ±980 1994 Hungary 2.9 13.5 1.4 81.1 80.6. 85.3 78.9 88.3 0.3 1.2 5.7 3.6 Indoneaia 21.3 522.2 . 19.4 287.7. 63.3 31.5 37.1 24~.0 .... .12.6 14.1 39.9 44.7 Iran, Islamic Rep. Iraq ~ ~ ~ ~ ~ ~ ~~ ~~~~ . ... ...... ..... ..... ..... .. . :~.. . ..... Ireland 23.5 23.6. 6.3 6.8 68. 7 72.7 84.4 88.6 2.2 .12 4.7 1.7 Israel 23.7 19.0 11..6 8.7. .. 71.2 74.4 78.1 79..9 0.9 0 .3 4.3 1.5 Italy 24.4. 25.9. 13.9. 13.8 685.5 62.3 635.5 63.7. 2.4 2.5 9.7 6.5 Jam aica ........ . ... . ... .... ... Japan 19.0 14.1 13.4 8.9 ... 755.5. .81.0 62.0 75..5 32. 1 8 .....22.5 12.4 Kazakhstan Kenya Korea. Dem. Rp Korea, Rep. . ~36.0 33.7 22.4 18.4 49.0 61.2 38.0 563.3 6 8 2 0 36.1 .23.0 Kuwait Kyrgyz Republic ..:.7 Lao PD R.... ... . ............. .. Latvia Lebanon : Libya Lithuania Madagascar .... Malawi Malaysia -250.... 13.7 ... 71.4. . 7.1.5 3.6. .14.8 Mali.. .. Mauritania M auritiua : ! ! ...... . ...... I..... . Mexico 33.2 .23-1 525 ..56~6 12.0 . 17.1 M oldova . ... . .. ..... Mongolia M orocco .... . .. - .. . . . . . .. . .. .. . ... .... Mozambique I.. ..yan m ar . .. ! . . .. . ... . . . . .. . . .... . ... . . . . . . .. . .. . . .. . . ... ..... . Namibia.. ... . Nepal . .. Netherlands 11.8 12.0 4-9 7.5 81.6 81.7 78.7 82.0 0.4 0.4 5.4 2.4 New Zealand ~66.3 77.7 . 23.1 .. 12.0 0.6 1.5 Nicaragua .. ... ............ Niger . .. . . Nigeria 51.6 . 65'3 33.7 ... 15.7 . 7.6 11.7 Norway 13.6 11.0 4.2 4.8 83.5 82.1. 87 6 89 1 1.4. 0.7 5.5 1.2 Pakistan .. 45 .8 . 13.0 . 34.0 22.6 .. 15.6 . 47.6 Panama 33.6 33.9 12.1 11.2 57.7 58.5 788 8 0 1 6.2 4.4 2.7 2.0 Papua New Guinea .. .. Paraguay.... 33~3 34:8 64.2 60~4.. 2.1.. 4.2 Peru .. 33.1 .. 3.1 . 6.4.. 442 ..3. .. 75 Philippines 40.7 39.5 24.7 30.4 405.5 42.3 38.9 40.8 15.4 10.4 28.0 19.3 Poland .. 24.6 .. 1. . 6. . 69.7 . 4.7 7.5 Portugal 20.9 24.6 8.5 21.2 71.7 73.3 58.5 75'3 4.6 1.4. 25.2 2.2 Puerto Rico 17.9 19.2 4.4 5.9 80.2 79.7 91.1 90.9 0.5 0.3 2.4 1.3 Romania.. . .. . Russian Federation . . . 19o8 World Deveiopment Indicators 55 2.4 Employers and own-account Employees Contributing family workers workers Male Female Male Fenale Male Female % of % of % of % of %iof %o economnically active economnically active economnically active economically active economically active economica ly active mnale population female population male population female population maie population female population 1990 1994 1980 1994 ±.980 1L994 1990 ±L994 1980 1.994 1.980 1.994 Rwanda Saudi.Arabia Senega. Sierra Leone Singapore 15.9 1 7.2 5.1 5.1 79.6 80.0 874.4 90.3 1.7 0.2 4.0 1.8 Siovak Republic .. 87.9 .. 92.5 8'3 2.6 .. 0.1 .. 0.2 Slovenia . . - South Africa . Spain 21.7 20.1 14.1 12.0 71.8 72 9 80!7 67.8 3.2 2.2 17.5 6.0 Sri Lanka 28.2 29.1 11.8 14.9 54. 7 56..4 53.7 51.8 6.4 4.6 13.6 12.0 Sweden 10.1 13.8 3.9 5.3 86.0 ..76.6 92.9 87.4 0.2 0.4 0.9 0.5 Switzerland .. 15.4 9.4 .. 83.3 .. 85.7 .. 1.3 .. 4.9 Syrian Arab Republic 37.1 36.5 9.9 5 7 56.0 50.1 48.1 45.7 5.3 8.3 37.1 34.5 Tajikistan. ... ... ...... T a za i ............ ......... Thailand 43.5 38.1 17.3 22.6 25.9 44.2 16.9 35.4 29.6 11.5 65.1 29.4 To.o Trindad nd Tbago14.6 21.5 9.7 12.8 81:3 75'2 80.8 81.1 2.8 1. 7 6.4 5.4 Tunisia Turkey .. 36.0 8.6 49.2 .. 24.1 .. 12.1 .. 62.9 Turkmenistan Uganda. Ukraine United.Arab Emirates United Kingdom .. 14.9 6.5 . 71.0 .. 84.1 .. 0.3 .. 0.9 United States 10.2 9.8 5.1 6.6 88.9 89.7 92.7 92.6 0.3 0.1 1.2 0.2 Uruguay .. 26.4 .. 19.4 .. 70.8 . 73.8 . 11.. 3.5 Uzbekistan . . . . . .. . . Venezuela 29.9 37.1 17.3 25.1 60.2 53.0 74.4 65.0 3.0 1.6 3.3 1.1 West Bank and Gaza . . . .. . . .. .. Yem.n,Re. Yugoslavia, FR (Serb./Mont.) Zambia . Zimbabwe . 56 1998 World Deveeloyment Indicators 2.4 I.M =_ This table shows the distribution of employment clas- Countries also take very different approaches to the * Employers operate, alone or with one or more part- sified by occupational status according to the treatment of unemployed people. In most countries ners, their own economic enterprise, or engage inde- International Classification of Status in Employment unemployed people with previous job experience are pendently in a profession or trade, and hire one or (ICSE). ICSE classifications are based on the explicit classified accordingtotheir lastjob. In some countries, more employees on a continuous basis. The defini- or implicit employment contract workers have with however,theyandpeopleseekingtheirfirstjobareclas- tion of "a continuous basis" is determined by other people or organizations. The basic criteria for sified as persons not classifiable by status, and so are national circumstances. Partners may or may not be defining classification groups are the type of eco- not included in the table. members of the same family or household. * Own- nomic risk and the type of authority over establish- account workers operate, alone or with one or more ments and other workers that the job incumbent has partners, their own economic enterprise, or engage or will have. Until 1993 the main ICSE groups were independently in a profession or trade, and hire no employers, own-account workers, employees, mem- employees on a continuous basis. As with employers, bers of producers cooperatives, and unpaid family partners may or may not be members of the same workers. In 1993the group unpaid familyworkers was family or household. * Employees are people who changed to contributing family workers and the group workfor a public or private employer and receive remu- own-account workers was expanded to include people neration in the form of wages, salaries, commissions, working in a family enterprise with the same degree of tips, piece rates, or in-kind payments. * Contributing commitment as the head of the enterprise. These peo- family workers (previously referred to as unpaid fam- ple, usually women, were formerly considered unpaid ily workers) work without pay in an economic enter- family workers. prise operated by a related person living in the same Data on employment are drawn from labor force sur- household and cannot be regarded as a partner veys, enterprise censuses and surveys, administrative because their commitment in terms of working time records of social insurance schemes, and official or other factors is not at a level comparable to that national estimates. The concept of employment gener- of the head of the enterprise. In countries where it ally refers to people above a certain age who worked or is customary for young people to work without pay who held a job during a reference period. Shares of in an enterprise operated by a related person, the occupational employment in the labor force are calcu- requirement of living in the same household is often lated using the International Labour Organization's eliminated. (ILO) laborforce estimates, which maydifferfrom those based on the World Bank's population estimates as Data sources shown in table 2.3. Occupational categories should add up to :100 percent. Where they do not, the difference Employment data are com- arises from people who are not classifiable by status. piled by the World Bank's Employment data include both full-time and part- Development Data Group time workers. There are, however, many differences in using an ILO database corre- how countries define and measure employment sta- sponding to table 2a in its tus, particularly for part-time workers, students, mem- ' X Yearbook of Labour Statistics. bers of the armed forces, and household workers. Because of these differences, the content of ICSE groups is not easily comparable across countries (ILO, Yearbook of Labour Statistics 1996, p. 64). In most countries managers and directors of incorporated enterprises are classified as employees, but in some they are classified as employers. Similarly, in most countries family members who receive regular remu- neration in the form of wages, salaries, commissions, piece rates, or in-kind payments are classified as employees, but in some they are classified as con- tributing family workers. Some countries cannot accu- rately measure the number of contributing family workers. And many cannot distinguish between own- accountworkers and employers, so onlythe sum of the two groups is available. 19sa World Development Indicators 57 O ~2.5 Employment by economic activity Agriculture Industry Services Male Female Ma e Fema e Ma[e Fe-pale % of % of % of " of % of % of economically active economically active economically active economica ly active economically active econom cali active male population female popuJation male population female .. at on ma e populat on female populat[on 1.980 1.994 1980 1994 1980 1994 1980 1994 1980 1994 .1980 1,994 Albania 54 51 62 60 28 26 17 19 16 23 21 20 Algeria 27 18 69 57 ~ 33 ~ 38 6 7 40 44 25 36 Angola 67 65 87 86 13 14 1 2 20 21 11 13 Argentine 17 1 6 3 3 40 39 18 1 7 44 46 7 9 80 Armeni'a 21 24 21 11 48 47 38 39 31 29 41 51 Australia 7 6 4 3 34 32 15 11 44 58 67 so Austria 9 6 13 8 51 48 24 19 41 45 62 72 Azerbaijan 28 27 42 36 36 35 20 21 36 38 38 43 Bangladesh 6 7 59 8 1 74 5 1 4 1 4 1 9 2 9 26 5 7 Belarus 29 26 23 13 44 45 33 36 28 29 44 51 Belgium 4 3 2 1 40 34 15 11 50 54 68 72 Benin 66 62 69 65 10 12 4 4 24 27 27 30 Bolivia 53 48 53 45 21 22 11 10 26 30 36 45 Bosnia and Herzegovina 26 9 37 16 45 54 24 37 30 37 39 48 Botswana 53 39 74 55 18 30 2 9 28 31 24 36 Brazil 41 28 26 14 28 28 14 13 31 43 60 74 Bulgaria ... 22 13 . .. .. Burkina Faso 92 91 93 94 3 2 2 2 5 7 5 5 Burundi 88 86 98 98 4 4 1 1 9 10 1 I Cambodia 70 69 80 78 7 7 7 8 23 24 14 14 Cameroon 65 62 87 83 11 12 2 3 23 26 11 14 Canada 6 4 3 3 34 32 14 11 52 63 74 85 Central African Republic 79 74 90 87 5 6 1 0 15 20 9 13 Chad 82 77 95 91 6 7 0 1 12 16 4 8 Chile 20 20 2 5 25 30 13 14 52 45 79 74 China 71 69 79 76 16 17 12 13 14 14 10 11 H-ong Kong, China 1 I 1 1 46 39 56 33 52 60 43 66 Colombi'a .. 2 .. 1 36 .. 24 . 63 75 Congo, Dem. Rep. 62 58 84 81 18 20 4 5 20 23 12 14 Congo,Rep. 42 33 81 69 20 23 2 4 38 44 17 27 Costa Rica 43 34 5 6 23 27 20 26 34 39 75 68 C6te dIlvoi're 60 54 75 72 10 11 5 6 30 34 20 22 Croatia 23 17 28 15 38 38 27 28 39 45 45 57 Cuba 30 24 10 8 32 36 22 21 39 41 68 71 Czech Republic 14 13 11 9 67 54 44 36 19 33 2d5 85 Denmark 10 7 3 3 41 37 17 16 44 55 76 81 Dominican Republic 40 31 11 9 26 32 16 23 34 38 73 68 Ecuador 44 39 22 16 21 20 15 16 34 41 63 68 Egypt, Arab Rep. 43 32 8 43 20 23 10 9 32 38 56 31 El Salvador 56 50 8 7 20 22 18 19 24 29 73 74 Eritrea 79 77 88 85 7 8 2 2 14 16 11 13 Estonia 19 18 12 11 50 48 36 34 31 34 52 55 Ethiopia 90 86 89 86 2 2 2 2 6 11 10 12 Finland 12 10 9 5 42 38 21 14 38 49 64 76 France 9 6 7 4 43 38 22 17 48 56 71 78 Gabon 59 46 74 59 18 21 5 10 24 33 21 32 Gambia,The 77 74 93 92 10 12 2 3 13 14 5 6 Georgia 31 27 34 24 32 38 21 23 37 34 45 52 Germany 6 4 8 4 54 48 33 24 40 48 59 172 Ghana 66 64 57 55 12 12 14 14 22 25 29 31 Greece 25 19 39 23 34 32 18 17 40 47 39 51 Guatemala 64 64 17 16 17 16 27 23 19 21 56 61 Guinea 86 83 96 92 2 2 1 1 12 15 3 7 Guinea-Bissau 81 78 98 96 3 3 0 0 17 19 2 3 Haiti 79, 76 61 57 8 9 8 8 13 15 31 35 Honduras 63 48 40 25 17 23 9 12 20 30 51 64 S8 1998 World Development Indicators 2.5 Agriculture Industry Services Male Female Male Female Male Female % f % o f % o f % o f 01% Of % of economically active economically active economically active economically active economically active economically active male population female population male population female population male population female population 1980 1994 1980 1994 1980 1994 1980 1994 1980 1994 1980 1994 Iran, Ialamic Rap . 36.30.82.73.28 26.6.9.35 44 12 18 Iraq ~~~21 12 62 39 24 19 11 9 55 69 27 52 Ireland.. 1 6 .. 3 28 .. 16 39 69 lareel 7 4 4~~~~~~~~~~....... 2.1 39.........37... . 15.. 15... 51........ 55... 77......... 77......... Kazakhstan 28 28 20 15 38 37 25 25 34 35 55 60 Kenya 77 75 88 85 10 11 2 3 13 14 10 12 Korea, Dam. Rep. 39 35 52 42 37 38 20 23 24 27 28 35 Korea, Rep. 29 13 38 17 30 37 23 25 35 47 36 56 Kyrgyz Republic 34 36 33 28 34 30 23 23 32 34 44 50 Lao PDR 77 76 82 81 7 7 4 5 16 17 13 14 Latvia 18 19 14 12 49 4 7 35 33 32 34 50 55 Libya 16 7 63 28 29 27 3 5 55 66 34 68 Malaysia 36 28 49 26 19 23 18 23 44 48 33 52 M all 86..... ... ... ... .. ... I.. .. . 83... .. .. ... .. . 92 89.. . . ... .. .. 2.. 21 1.. .. . .. .. ...2... .. 12.I ..... .. . 15.. .... . ...... 7.. . . ... .. 9. . . Mongolia 43 34 36 30 21 23 21 22 36 44 43 48 Namibia 52 46 64 54 2 2 21 5 8 27 33 31 39 Netherlandas6 5 2 2 36 30 12 9 50 58 74 77 Nicaragua 49 38 16 9 26 28 21 23 26 34 63 69 Nigeria 52 42 57 44 10 9 5 3 38 49 38 53 Norway 10 7 6 3 40 33 14 10 50 57 80 84 Oman 52 48 25 20 21 22 33 35 27 30 42 45 P......... 56...... ..... ... ......... . ..... .. . .... 45.7372 15....20.. 12......I... .. I13....... 29..I...34 . 15..I............. ...... 5. . .. ..anam a .. 35.. ...... ...... . ..... 30 .......5 .....3. 21... .. .... 21 . 1 10.......... . 38... 46..... 76........ . 80........ .... u. N. .. .. ... .. . . .. ... ..w.... .. ...ui 67 92... . .. . . ..... . . .. . . . 89 . 9... ... I. .. . . .. .. .. .. . . .. . 2... ...3....16... 18 6- . 8.... .. Parag e. .....I .....I......I...... .. ... 58...... ..... .. ..... 51.... ......... 9 8.......20. . ...23.....22... 20....23..26 . 70... 72...... .I .. Peru ...................... ...... ..45.. ..... . 41... .. .....25. ... .. ..22.. ... 20.... 20....14....12.. 35 39.. 61.... 66.. . ...... Ph -I ....... .......p....... .ne.. .... ... 61.. ..... ... 54.... .... I..37.....- 3......15... ..16....16.. 14.... 25 ... 29 47... 56.. .... .... Poland... 28................ '...... ..1 . 27 ....32 .. 28... 46... ......... 45...... 28 25........ 26.........28.... 40.... - ....... 47.I.... Rusaian Federation 19 17 13 10 50 48 37 35 31 34 50 56 1998 World Development Indicatora 59 02.52. Agriculture Industry Services Male Fermale Male Female Male Femnale % of % of % of % of % of % of econommca ly active economically active economically actiee economica ly active economically active ecvnom caJly active mnale population female population ma e popalation female popalation male popu ation fema e populat on 1980 1994 ±980 1994 ±980 1994 1980 1994 1980 1994 1980 1994 Rwanda 88 86 98 98 5 6 1 1 7 8 1 2 Saudi Arabia 45 20 25 12 17 21 5 6 39 59 70 82 Senegal 74 70 90 86 9 10 2 4 17 20 8 11 Sierra Leone 63 60 82 81 20 22 4 4 17 18 14 16 Singapore 1 0 1 0 32 35 39 30 63 62 57 68 Slovak Republic 15 14 13 9 37 35 34 31 48 50 54 60 Slovenia 14 5 17 6 49 52 37 39 37 43 46 54 South Africa 18 16 16 10 45 42 16 14 37 42 68 76 Spai'n 18 10 16 7 42 39 21 14 36 46 56 65 SriLanka 41 29 44 32 16 18 12 17 26 37 20 27 Sudan 66 64 88 84 9 10 4 5 24 26 8 11 Sweden 8 5 3 2 45 34 16 11 46 52 79 81 Switzerland 6 4 42 19 .. 49 .. 74 Syrian Arab Republic 27 22 78 69 35 30 7 6 39 49 15 25 Tajikistan 36 37 54 45 29 28 16 17 35 35 30 37 Tanzania 80 78 92 91 7 8 2 2 13 14 7 7 Thailand 42 38 26 .. 19 26 .. 31 Togo 70 66 67 65 12 12 7 7 19 22 26 29 Trinidad and Tobag .13 5 38 19 49 .. 77 Tunisia 33 22 53 42 30 33 32 32 37 44 16 26 Turkey 45 38 88 82 22 24 5 7 33 38 7 11 Turkmenistan 33 34 46 41 32 30 16 14 35 36 38 44 Uganda~ 84 81 91 88 6 7 2 2 10 12 8 10 Ukraine 26 24 24 16 46 46 33 34 28 31 44 50 United Arab Emirates 5 9 0 0 40 30 7 2 55 61 93 97 United Kingdom 3 3 1 1 44 32 21 13 44 51 72 80 United States 5 4 2 2 39 34 19 13 52 62 78 84 Uruuy22 21 4 4 31 31 23 21 47 48 74 75 Uzbekistan 35 34 46 35 34 30 19 19 32 35 36 45 Venezuela 19 19 3 2 32 25 19 13 48 48 76 76 Vietnam 71 70 75 73 16 17 10 11 13 13 15 16 West Bank and Gaza . . . . . . . . . Yemen, Rep. 60 50 98 88 19 22 1 6 21 29 1 7 Yugoslavia, FR (Serb./Mont.) 34 28 47 32 35 38 19 26 31 34 33 41 Zambi'a 69 68 85 83 13 13 3 3 19 19 13 14 Zimbabwe 63 58 85 81 19 13 4 2 18 29 12 17 Low income 69 66 80 76 14 15 10 12 17 19 10 12 Mlidde income 34 . 32 . 32 29 . .5 2 . .4 21 31 . 35 .... 44 . 49. 'Lo"w er ..m i'd"dlei'n"co"m..e... . . ....35 35 31 24 21 . . .33 40 . 42. UOp"per m i'd"dl ei'n"c"o"m..e 31 25 . 23 . 14 . .7 34 23 19 . 32 . 41 . 54 . 67. Low & miodle income 7. 4~ Europe & Ce'n'tral ..A'sia 2 23 27 . 22 . .5 43 . .1 30 30. 33 . 42 . 48. 'Lain-'m. Ae'ri'c"a..&...C"a'rib 29 12 28 16 42 : 71 &. 471ca ... . . ..5 2 2 . 10.... 11 . . .43 29 . 29 Sub- S' a' ha' r'a'n' A'f r i c a........... . 69 65 . 6 ..531 1 4 4 20 . 17 21 Hihincome. 8 6 .8 4.4 5 23 . 18.4 6 6 7 60 1998 World Deveeopment Indicators 2.5 The International Labour Organization (ILO) classifies 3= t E * Agriculture includes hunting, forestry, and fish- economic activity on the basis of the International ing, corresponding to major division 1 (ISIC revision Standard Industrial Classification (ISIC) of All Women's labor force participation 2) or tabulation categories A and B (ISIC revision 3). Economic Activities. Because this classification is depends on how work is defined * Industryincludesminingandquarrying(including based on where work is performed (industry) rather %oflaborforceworkingin oil production), manufacturing, electricity, gas and than on the type of work performed (occupation), all of u '-: .'r'. 1': water, and construction. corresponding to major divi- an enterprise's employees are classified under the - sions 2 through 5 (ISIC revision 2) or tabulation cat- same industry, regardless oftheirtrade or occupation. egories C through F (ISIC revision 3). * Services The ILO's Yearbook of Labour Statistics reports include wholesale and retail trade and restaurants data by major divisions of the ISIC revision 2 or tab- and hotels; transport, storage, and communications; ulation categories of the ISIC revision 3. In this table financing, insurance, real estate, and business ser- the reported divisions or categories are aggregated vices; and community, social, and personal services, into three broad groups: agriculture, industry, and corresponding to major divisions 6 through 9 (ISIC services. An increasing number of countries report revision 2) or tabulation categories G through P (ISIC economic activity according to the ISIC. Where data AAp E Ca LAC MNA SAS SSA revision 3). are supplied according to national classifications, 6 Men (9 Women however, industry definitions and descriptions may Source: iLO. Data sources differ. Classification into broad groups also may Although there are still significant differences obscure fundamental differences in countries' indus- between men's and women's work by sector, oc- Employment data are com- trial patterns. cupation. and type of work oemen's oserall labol piled by the World Bank's lerce participation r3tes are masine eoaser to those The distribution of economic activity by gender of rnen Women's laboa foice parlic'pation con Development Data Group reveals some interesting patterns. Agriculture tinues to be strongly Influenced by gender differ- using an ILO database corre- ences in he ncefinilcGn o, worh in dilfereni coun accounts for the largest share of female employment tries. This Is Partcularl$ escert in the nformal A sponding to table 2a in its in much of Africa and Asia. Services accountfor much sector and In agrIculture. where I Is sometimes g - - Yearbook of LabourStatistics. dllffcull tO dlsTangu1sn between womnen's house- ,,, of the increase in women's economic participation in work and their unpaid work in a family enterprse or . North Africa, Latin America and the Caribbean, and Iln agdrcullural procaction. t;; Female labor Io,ce Dariclipavlon ano women's high-income economies. Worldwide, women are shareeofthewoktforcetendtobe largeincountdes underrepresented in industry. where corner, s cmnritbirLns to famil) agnictlure are dedned as aorl. IhIs i- particuiarly evidem In There are several explanations for the rising shica. where se.eral countries report more than 90 importance of service jobs for women. Many service percent ol the Temale work force in agricultiue. re- suling In high regional particiontion rates. In other jobs-such as nursing and social and clerical countries. whete du distinct.on between bousework work-are considered "feminine" because of a per- arid a sWbs'stence acfl%irr--,ucn as rending a homns &arde-leIs les cleat. the proportion of wonlel actise ceived similarity with women's traditional roles. in agncutture can be substant'ai', smaller thar' tnat Moreover, women often do not receive training to of men. Thurs women's work In agriculture and the Inromria sector warrants speciae attenion to cioss, take advantage of changing employment opportuni- country conparl,ns lof women's ihare In the *at% ties. Finally, the greater availability of part-time work force. in service jobs may lure more women, although it is not clear whether this is a cause or an effect (United Nations 1991). 1998 World Development Indicators 61 2.6 Unemployment Male Female Total unemployment unemployment unemployment % Of % of % of mnale labor force female labor force total labor force 1980 1.990 1996 1980 1990 196 1980 1990 1996 Argentina ..8.4 ...10.4 .. 2.3 9.2 18.4 Aystralia 5.1 6.7 8.7 7.9 7.2 8.3 6.1 6.9 8.5 Austria 7..3039.36 4.5 ..3.2 4.1 Belgium -. 4.5' 10.5 ..11.4 18.2 ..7.2 13.8 Bolivia 6. .9 3.7 ..7.8 4.5 ..7.3 4.2 Brazil 4.2 3.8 -. 4.4 3.4 .. 4.3 3.7 4.6 Bulgaria 14.1 14.2 ..1.7 14.2 Canada ..8.1 9.8 ..8.1 9.4 -. 8.1 9.7 Chile ~~~~ ~ ~~~~10.6 5.7 10.0 5..7 .. 10.4 5.6 6.4 Costa Rica 5.3 4.2 .. 7.8 5.9 -. 5.9 4.6 Czech Republic ...3.5 ...4.1 ..0.3 3.1 Denmark ...7.8 ...9.9 ...8.8 DomTinican Republic .. 12.5 ~ 102.2 . 33.1 28.7 -. 19. 7 16.7 Finland 4.7 4.0 15.8 4.7 2.8 16.5 4.7 3.4 16.1 France 4.3 6.7 .. 9.5 11.7 .. 6.4 8.9 12.4 Germany 76.0 8.1 8'8 10.2 ..7.2 9.0 Greece 3.3 4.3 .. 5.7 11.7 .. 4.0 7.0 Hungary ...10.7 ...7.6 ..0.8 11.0 Ireland ..12.5 11.9 ..13.8 11.9 ..12.9 11.9 Israel 4.1 8.4. . 60.0 113.3. 4.8 9.6 Italy 4.8 7.3 93.3 13.1 17.1 16.7 7.6 11.0 12.0 Jamaica 16.3 9.3 .. 39.6 23.1 -. 27.3 15.7 Japan 2.0O.. 2O.0 .......33.3 2.0 2.2 3.4 2.0 2.1 3.4 Korea, Rep.. 2.9 2.3 ..1.8 1.6 ..2.4 2.0 Netherlands 6.3 5.4 7.0 13.4 10.7 8.3 7.9 7.5 7.6 New Zealand 81 6.1 ..7.2 6.1 ..7.8 6.1 Nicaragua 90. .15.4 ...11.1 Norway 1.3 5.6 4.9 2.3 4.8 4.9 1.7 5.2 4.9 Panama ..12.8 11.0 ..22.6 19.4 ..16.1 13.9 Paraguay 3.8 6.6 4.8 6.5 .. 4.1 6.6 Philippines 3.2 7.1 7 5 9.8 .. 4.8 8.1 Poland ...9.8 13.7 ..6.1 14.0 Porugl4.1 3.2 6.4 13.0 6.6 8.2 7.84772 Puerto Ri'co 19.5 16.2 .. 12.3 10.7 .. 17.1 14.1 Romania 6.3 ...7.4 ..3.0 6.3 Russian Federation ...9.6 ...9.0 ...9.3 Singapore I. .9 2.9 ..1.3 3.1 ..1.7 3.0 Slovak Republic ... 00. .11.9 ..0.6 13.0 Spain '10.8 12.0 1-7.3 12.8 24.2 29.4 11.4 16.3 21.9 Sweden -1.7 1.7 8.5 2.3 1.6 7.5 2.0 1.6 8.0 Switzerland ...4.4 ...5.1 ...4.7 Trinidad and Tobago . 80 1. 40 2. 002. .. -.. .. -8.0 178 -. 14. 24.2 ..10.0.20. United Kingdom . .6.9 9.2 ..6.5. 6.4 ..6.7 8.0 United States 6.8 5.7 5.3 7.4 5.5 5.4 7.0 5.6 5.4 Venezuela ..10.9 8.2 ..9.3 9.8 5.9 10.4 8.7 62 1998 World Development Indicators 2.6 The International Labour Organization (ILO) defines the survey, for example, can maximize the seasonal effects of * Unemployment is the share ofthe laborforce that is with- unemployed as members of the economically active popu- agricultural unemployment. And informal sector employ- out work but available for and seeking employment. lation who are without work but available for and seeking ment is difficult to quantify in the absence of regulation for Definitions of labor force and unemployment differ by coun- work, including people who have lost their jobs and those registering and tracking such activities. try (see About the data). who have voluntarily left work. Some unemployment is Data on unemployment are drawn from labor force sam- unavoidable in all economies. At any time some workers ple surveys, employment office statistics, and administra- Data sources are temporarily unemployed-between jobs as employers tive records of social insurance programs. Labor force look for the right workers and workers search for better surveys generally yield the most comprehensive data Unemployment data are from an ILO database corre- jobs. Such unemployment, often called frictional unem- because they include groups-particularly people seeking sponding to table 3a in its Yearbook of Labour Statistics, ployment, results from the normal operation of labor mar- workforthefirsttime-not covered in other unemployment the OECD's Employment Outlook (1997), and country sta- kets. Changes in unemployment over time may reflect statistics. In addition, the qualityand completeness ofdata tistical sources. changes in the demand for and supply of labor, but they obtained from social insurance programs and employment may also reflect changes in reporting practices. High and offices vary widely. The most common exclusion from these sustained unemployment, however, indicates serious inef- sources is discouraged workers who have given up theirjob ficiencies in the allocation of resources. search because they believe that no employment opportu- The ILO definition of unemployment notwithstanding. nities exist ordo not register as unemployed aftertheirben- reference periods and criteria for seeking work vary across efits have been exhausted. Thus measured unemployment countries in their treatment of people temporarily laid off may be higher in economies that offer more or longer unem- and those seeking work for the first time. In many devel- ployment benefits. Economies for which unemployment oping countries it is especially difficult to measure employ- data are not consistently available or were deemed unreli- ment and unemployment in agriculture. The timing of a able have been omitted from the table. _Z=~~fa Unemployment continues to be high in transition economies @1992 t:':i: 1 1. 1I So re CF C. T' '- 'c ' I4 -' . 'i' ' - Growth in icngierm ur.emplovmenthas been one ol the mrost troubling deeloprnents accompan%ingCentral ane Eastern Europe's tiansition trom Planned to marker econormes. Follouing an initial rise dunng 19589-93. unemplotment groeth .n eoit countries nas tapered ofl, and registered unempio,fren. raies hase slabilized or clarten to decline. Bt,t throughtout tne region. tne long term unemplo-ed-irdlslduals Aho hbae been out of tark for more tman a gear-now make up the largest snare ol the anemolo-ed. Although goawch in long termn uremplo,ment Is not a phentomenon Unique to trapsition economies The situation in Central and Eastern Europe Is serious oec3use of gaps. in iOcl3 satet nets and a dearth oi labor market programs targeted to rhe needs at the long tenl unemployed. The proportion ot longtrm' unemplooee grew sneadith berheen 1992 aid 1995 in all contr'e Ir. the regacn excePs Ciratia. In l996 the stare oa larig-reno unemplofea began to decline slgtai in manh countries. bua h continued to increise In the Czech Republic Hungrs, and the Slosak Republic Long term unemploamem In Central aind Eastern Europe nows resembles or esen exceeds lesls In Western Europe. In Bulgaria long term unemployment accounts tor more tnan 60 percent oa loLal unernplonment-a nighei micidence than in Spain. inich has eepenenced chronicalls nigh lonrg term unemploament Rates approached or surpas,ed 40 percent in all countnes excep rhe Czech Republic vshere It reached 33 percent. In FYR Macedonia iT was 81 percent. Long term unemplotmeni In Central and Eastern Europe is linked to lob transition patterns. Indikiduals are more Irbels to oe hired out oa the public sector into the pr.ate sector. or between fifns. than lom the ranks ol the LnempioVea or nght out al school A. a result there is ,tlemosement out at unemplohment and the pool of unemploved has become increasingli homogeneous. Recert World Bank po%erey asses-ments for Hungars and Romania shoi that demograpnic chaiaclensn.cs oa tIe unemplovee-age. ethnicit1. noucation-are crucial risk factors for posert) in the region. 1998 World Development Indicators 63 U ~2.7 Poverty National poverty line International poverty line Population below the Population below the Pope ation Poverty Populat cn Poverty poverty live poverty ne below gay at below gap at Survey Rural Urban National Survey Ruiral Uroan Nationa Survey $1 a evy $1 a dya S2 a toy $2 a day year % S year S % N ye: % %. Albania 1996 . .. 19.6 . . . Algeria 1988 16.6 7.3 12.2 1995 30.3 14.7 22.6 1995 <2 .. 17.6 4.4 Angola Argentina. 1991 . .. 25.5 Armenia.. . Australia.. . Austria.. . Azerbaijan.. . Bangladesh 1991-92 46.0 23.3 42.7 1995-96 39.6 14.3 35.6 Belarus . .. ... 1993 <2 .. 6.4 0.8 Belgium.. . ... Benim 1995 . .. 33.0 . Bolivia.. . ... ,Bosnia and Herzegovina.. . ... Botswana . .. ...1985-86 33.0 12.4 61.0 30.4 Brazil 1990 32.6 13.1 17.4 .. 1995 23.6 10.7 43.5 22.4 Bulgaria .. 1992 2.6 0.4 23.5 6.0 Burkona Faso Burundi 1990 . .. 36.2 Cambodia Cameroon 1984 32.4 44.4 40.0 Canada.. . ... .. . Central African Republic.. . ... .. . .Chla.d.. . ... .. Chile 1992 . .. 21.6 1994 . .. 20.5 1992 15.0 4.9 36.5 16.0 China 1994 11.6 <2 8.4 1995 9.2 <2 6.5 1995 22.2 6.9 57.6 24.1 Hong Kong, China. Colombia 1991 29.0 7.5 169.9 1992 31.2 6.0 17.7 1991 7.4 2.3 21.7 6.4 Congo, Dem. Rep.. . . Congo. Rep.. Costa Rica .. . . 1969 18.9 7.2 43 8 19.4 MSe dilvoire .. 1966 17.7 4.3 54.8 20.4 Croatia Cuba Czech Republic .. 1993 3.1 0.4 55.1 14.0 Denmark.. . . Dominican Republic 1989 27.4 23.3 24.5 1992 29.8 10.9 20.6 1969 19.9 6.0 47.7 20.2 Ecuador 1994 47.0 25.0 35.0 1995 .. . . 1994 30.4 9.1 65.8 29.6.. Egypt, Arab Rep.. . . . . 1990-91 7.6 1.1 51.9 15.3 El Salvador 1992 55.7 43.1 48.3 . Eritreea... Estonia 1994 14.7 6.6 6.9 .. 1993 6.0 1.6 32.5 10.0 Ethiopia ..1981-82 46.0 12.4 69.0 42.7 F:inla"nd France.. Gabon.. Gambia. The 1992 64.0 Georgia.. Germany.. Ghana 1992 34.3 26.7 31.4 Greece.. Guatemala .. 1969 53.3 26.5 76.8 47.6 Guinea ... 1091 26.3 12.4 50.2 25.6 Guinea-Bissau 1991 60.9 24.1 48.8 .. 1991 88.2 59 5) 96.7 76.6 Haiti 1987 65.0 . .. Honduras 1992 46.0 56.0 50.0 .. 1992 46.9 20.4 75.7 41.9 64 1998 World Development Indicators 2.7 National poverty line International poverty line Population below the Population below the Population Poverty Population Poverty poverty line poverty line below gap at below gap at Survey Rural Urban National Survey Rural Urbani National Survey $1 a day $1 a day $2 a day $2 a day year % %year % % % year % % Hungary 1993 .. . 25.3 ... .... 1993 <2_-10.7 2.1 India 1992 43.5 33.7 40.9 1994 36.7 30.5 35.0 1992 52.5 15.6 .. 88.8. 45.8 Indoneaia 1987 16.4 20.1 17.4 1990 14.3 .168.8 15.1 1995.. 11.8 1.8 58..7 19.3 Iran, Islamic Rep.. Iraq..... Ireland Israel Italy Jamaica 1992 . 34.2.. . 1993 4.3 0.5 ..24.9 7.5 Japan 7.: Jordan 1991 .. . 15.0 1992 2.5 0.5 23 63 Kazakhstan ......... .. .. ... .... .. .. 1993 <2 7. ... 12.1 2.5 Kenya 1992 46.4 29.3 42.0 1992 50.2 22.2 78.1 44.4 Kore.Den. R~~~~~~~~~~~~~~~~........ Korea, Dm Rep. Kuwait. .. . Kyrgyz Republic 1993.... 48:1. 28.7 40.0 . ...-. 1993 18.9 5.0 55.3 21.4 Lao PDR 1993.. 53.0 24.0_ 46.1 Latvia Lebanon Lesotho 1993 53.9 27.8 49.2 1986-87 48.8 23 8 74.1 43.5 Libya Lithuania 1993 <2 18.9 4.1 Macedonia, PYR Madagascar.. . 193 73 32 32 56 Malawi 1990-91. 54!0 0 . :....I... Malaysia 1989 -15 5....I.... .. 1989 5.6 0.9.. 26:6. 8.5 Mali Mauritania .1990 .. .5770. 1988 31.4 1-5.2 .....684.4.. 2330 Mauritius 1992 . 10:6 Mexico 1988 . 10.1 1992 14.9 3.8 40.0 15.9 Moldova . 1992 612 30.6 9.7 M ongolia . 1995...33.1 38.5 . 36.3 . .... ................... . ..... ..... Morocco ........1984-85 .'32.6. 17:3 ..26.0. 1990-1... 18 0 7.. 6. 131 1990-91 <2 19.6 ...4.6 Mozambique Myanmar. Namibia Nepal 1995-96 44.0 23.0 42.0 1995 50-.3 ....16.2 ....86.7 44.6 Netherlands New Zealand Nicaragua 1993 76.1 31.9 50.3. 1993 43.8 18.0 74.5 39.7 Niger.... .. . 1992 61.5 22.2 92.0 51.8 Nigeria ..... 1985 .495.5 31 7 43.0 .1992-93 36.4 30.4 34.1 1992-93 31.1 12.9 59.9 29.8 Norway. Oman Pakistan 1991 369.9 280. _34 0 ........... .... .. 1991 11.6 2.6 57-0 18 6 Panama -1989 2. 12.6 46.2 24.5 Papua New Guinea Paraguay 1-991 28.5 19.7 218 8 ..... ................. Peru 1986 64.0 45.0 52.0 1991 68.0 50.3 54.0 .... Philippines 1985 58:.0 42.0. 52.0 1991 71.0 39.0_ 54.0. 1991 28.,6 7.7. . 64.5_. 28.2 .Poland .. ............... 1993 ..23.8 1993 6. 47 15.1 7. Puerto Rico Romania 1994 27 9. 20:4. 2-15 5.... 1992 17.7 4.2 70.9 24.7 Russian Federation 1994 30 9 1993 <2 10.9 23 1998 World Development Indicators 88 O ~2.7 National poverty line International poverty line Population oelow the Population below tie Populat on Poverty' Pope ation Poverty poverty fine poverty line below gap at ueIO. gap at Survey Rural LJrban National Survey Rural Urban aon, Survey 51 a nayv $1 a day $2 a dlav $2 a day year % S year % % S year % % Rwanda. 1993 .... 51.2 .. . . 1983-85 45.7 11.3 88.7 42.3 Saudi Arabia . . . . . .. Senegal . .. ... . .. 1991-92 54.0 25.5 79.6 47.2 Sierra Leone 1989 76.0 53.0 88.0... Singapore . . . .. Slovak Republic . . ... 1992 12.8 2.2 85.1 27.8 SIlovenia... .. ......- South Africa ... . .. 1993 23.7 6.6 50.2 22.5 Spain . . . .. Sri Lanka 1985-86 45.5 26.8 40.6 1990-91 38.1 28.4 35.3 1990 4.0 0.7 41 2 11.0 Sudan Sweden Switzerland Syrian Arab Republic Taji-kistan . . . . . .. Tanzania 1991 . .. 51.1 .. . . 1993 10.5 2.1 45.5 15.3 Thailand 1990 . .. 18.0 1992 15.5 10.2 13.1 1992 <2 .. 23.5 5.4 Togo 1987-89 . .. 32.3.. . ... Trinidad and Tobago 192 ..21.0 . .. Tunisia 1985 29.2 12.0 19.9 1990 21.6 8.9 14.1 1990 3.9 0.9 22 7 6.8 Turkey . . . . . .. Turkmenistan . .. ... . .. 1993 4.9 0.5 25.8 7.6 Uganda 1993 . .. 55.0 .. 1989-90 69.3 29.1 92.2 56.8 Ukraine 1995 . .. 31.7 United Arab Emirates United Kingdom.. .... United States.. .... Uruguay. Uzbekistan Venezuela 1989 .. 31.3 .. 1991 11.8 3.1 32.2 12.2 Vietnam 1993 57.2 25.9 50.9 West Bank and Gaza . Yemen, Rep. 199)2 19.2 18.6 19.1I Yugoslavia, FR (Serb./Mont.l . . .. . . . . Zambia 1991 88.0 46.0 68.0 19~93 . .. 86.0 1993 84.6 53.8 98.1 73.4 Zimbabwe 1990-91 . .. 25.5 .. 1990-91 41.0 14.3 88.2 35.5 66 1998 World Developmnent Indicators 2.7 International comparisons of poverty data entail both living standards. The choice between income and con- v Survey year is the year in which the underlying data were conceptual and practical problems. Different countries sumption as a welfare indicator is one issue. Incomes collected. * Rural poverty rate is the percentage of the have different definitions of poverty, and consistent are generally more difficult to measure accurately, and rural population living below the national rural poverty line. comparisons between countries can be difficult. Local consumption accords better with the idea of the stan- * Urban poverty rate is the percentage of the urban pop- poverty lines tend to have higher purchasing power in dard of living than does income, which can vary over ulation living below the national urban poverty line. rich countries, where more generous standards are time even if the standard of living does not. But con- * National poverty rate is the percentage of the popula- used than in poor countries. sumption data are not always available, and when they tion living below the poverty line deemed appropriate for Is it reasonable to treat two people with the same are not there is little choice but to use income. There thecountrybyits authorities. Nationalestimatesarebased standard of living differently-in terms of their com- are still other problems. Household survey question- on population-weighted subgroup estimates from house- mand over commodities-because one happens to live naires can differ widely, for example, in the number of hold surveys. * Population below $1 a day and $2 a day in a better-off country? Can we hold the real value of distinct categories of consumer goods they identify. are the percentages of the population living on less than the poverty line constant between countries, just as we Survey quality varies, and even similar surveys may not $1 a day and $2 a day at 1985 international prices, do when making comparisons over time? be strictly comparable. adjusted for purchasing power parity. * Poverty gap is Poverty measures based on an international poverty Comparisons across countries at different levels of the mean shortfall below the poverty line (counting the line attempt to do this. The commonly used $1 a day development also pose a potential problem, because nonpoor as having zero shorffall) expressed as a per- standard, measured in 1985 international prices and of differences in the relative importance of consump- centage of the poverty line. This measure reflects the adjusted to local currency using purchasing power par- tion of nonmarket goods. The local market value of all depth of poverty as well as its incidence. ities, was chosen for the World Bank's World consumption in kind (including consumption from own Development Report 1990: Poverty because it is typi- production, particularly important in underdeveloped Data sources cal of the poverty lines in low-income countries. rural economies) should be included in the measure of Purchasing power parity (PPP) exchange rates, such as total consumption expenditure. Similarly, the imputed l, . , Poverty measures are pre- those from the Penn World Tables, are used because profit from production of nonmarket goods should be pared by the World Bank's theytake into accountthe local prices ofgoods and ser- included in income. This is not always done, though Development Research Group. vices that are not traded internationally. But PPP rates such omissions were a far bigger problem in surveys National poverty lines are were designed not for making international poverty before the 1980s. Most survey data now include valu- based on the Bank's country comparisons, but for comparing aggregates from ationsfor consumption or income from own production. poverty assessments. Interna- national accounts. As a result there is no certaintythat Nonetheless, valuation methods vary-for example, tional poverty lines are based an international poverty line measures the same some surveys use the price at the nearest market, on nationally representative pri- degree of need or deprivation across countries. while others use the average farmgate selling price. mary household surveys conducted by national statisti- Just as there are problems in comparing a poverty The international poverty measures shown here are cal offices or by private agencies under government or measure for one country with that for another, there can based on the most recent PPP estimates from the latest international agency supervision and obtained from gov- also be problems in comparing poverty measures within version of the Penn World Tables (PWT_5.6). It should be ernment statistical offices and World Bank country countries. For example, the cost of living is typically noted, however, that any revisions in the PPP of a coun- departments. higher in urban than in rural areas. (Food staples, for try to incorporate better price indexes can produce dra- The World Bank has prepared an annual review of example, tend to be more expensive in urban areas.) So matically different poverty lines in local currency. poverty trends since 1993. The most recent is Poverty the urban monetary poverty line should be higher than Whenever possible, consumption has been used as the Reduction andthe World Bank: Progress in Fiscal 1996 and the rural poverty line. But it is not always clear that the welfare indicatorfordecidingwho is poor. When only house- 1997. actual difference between urban and rural poverty lines hold income is available, average income has been found in practice properly reflects the difference in the adjusted to accord with either a survey-based estimate of cost of living. For some countries the urban poverty line mean consumption (when available) or an estimate based in common use has a higher real value-meaning that it on consumption data from national accounts. This proce- allows poor people to buy more commodities for con- dure adjusts only the mean, however; nothing can be done sumption-than does the rural poverty line. Sometimes to correct for the difference in Lorenz (income distribution) the difference has been so large as to imply that the inci- curves between consumption and income. dence of poverty is greater in urban than in rural areas, Empirical Lorenz curves were weighted by household even though the reverse is found when adjustments are size, so they are based on percentiles of population, not made only for differences in the cost of living. As with households. In all cases the measures of poverty have international comparisons, when the real value of the been calculated from prmary data sources (tabulations or poverty line varies, it is not clear how meaningful such household data) ratherthan existing estimates. Estimation urban-rural comparisons are. from tabulations requires an interpolation method; the The problems of making poverty comparisons do not method chosen was Lorenz curves with flexible functional end there. Further issues arise in measuring household forms, which have proved reliable in past work. 1998 Worid Development Indicators 67 O ~2.8 Distribution of income or consumption Survey year Gin! index Percentage share of income or consumption Lowest L.owest Second Third Fourth H ghest Highest 10% 20% 20% 20% 20% 20% 10% Albania Algeria 1995a, 35.3 2.8 7.0 11.6 16.1 22.7 42.6 26.8 Angola Argentina Armenia Australia 1989c0.d 33.7 2.5 7.0 12.2 16.6 23.3 40.9 24.8 Austria 1987C, d23.1 4.4 10.4 14.6 18.5 22.9 33.3 19.3 Azerbaijan Bangladesh 19920" 28.3 4.1 9.4 13.5 17.2 22.0 37.9 23.7 Belarus 19930, d 21.6 4.9 11.1 15.3 18.5 22.2 32.9 19.4 Belgium 19920, 25.0 3.7 9.5 14.6 16.4 23.0 34.5 20.2 Benin Bolivia 19900,0d 42.0 2.3 5.6 9.7 14.5 22.0 48.2 31.7 Bosnia and Herzegovina Botswana Brazil 19950, 0 60.1 0.8 2.5 5.7 9.9 17.7 64.2 47.9 Bulgaria 19920,01 30.8 3.3 6.3 13.0 17.0 22.3 39.3 24.7 Burkina Faso Burundi Cambodia Cameroon Canada 1994c0.d 31.5 2.8 7.5 12.9 17.2 23.0 39.3 23.6 Central African Republic Chad Chile 19940, 0 56.5 1.4 3.5 6.6 10.9 18.1 61.0 46.1 China 19950,01 41.5 2.2 5.5 9.8 14.9 22.3 47.5 30.9 Ho~ng Kong China. Colombia 1995c,0d 57 2 1.0 3.1 6.8 10.9 17.6 61.5 46.9 Congo, Demn. Rep.. Congo, Rep.. Costa Rica 19960, d 47 01.3 4.0 8.8 13.7 21.7 51.6 34.7 CMe dIlvoire 1988a, b 36.9 2.8 6.8 11.2 15.6 22.2 44.1 28.5 Croatia Cuba Czech Republic 19930.0d 26.6 4.6 10.5 13.9 16.9 21.3 37.4 23.5 Denmark 1992c0.d 24.7 3.6 9.6 14.9 18.3 22.7 34.5 20.5 Dominican Republic 19890,01 50.5 1.6 4.2 7.9 12.5 19.7 55.7 39.6 Ecuador 1994a, 46.6 2.3 5.4 8.9 13.2 19.9 52.6 37.6 Egypt, Arab Rep. 1991a,' 32.0 3 .9 8.7 12.5 16.3 21.4 41.1 26.7 El Salvador 19950.0d 49.9 1.2 3.7 8.3 13.1 20.5 54.4 38.3 Eritrea Estonia 19930.0d 39.5 2.4 6.6 10.7 15.1 21.4 46.3 31.3 Ethiopia Finland 199lc, 1 25.6 4.2 10.0 14.2 17.6 22.3 35.8 21.6 France 19890 1 32.7 2 .5 7.2 12.7 17.1 22.8 40.1 24.9 Gabon Gambia, The Georgia Germany 19890.01 28.1 3.7 9.0 13.5 17.5 22.9 37.1 22.6 Ghana 1992a, b 33.9 3.4 7.9 12.0 16.1 21.8 42.2 27.3 Greece Guatemala 19890.0I 59.6 0.6 2.1 5.8 10.5 18.6 63.0 .46.6 Guinea 1991" 46.8 0.9 3.0 8.3 14.6 23.9 50.2 31.7 Guinea-Bissau l99la, b 58.2 0.5 2.1 6.5 12.0 20.6 58.9 42.4 Guyana.1993, b' 40.2 2.4 6.3 10.7 15.0 21.2 46.9 32.0 Haiti Honduras 19960. I 53.7 1.2 3.4 7.1 11,7 19.7 58.0 42.1 88 1998 World Development Indicators 2.8- Survey year Gini index Percentage share of income or consumption Lowest Lowest Second Third Fourth Highest Highest 10% 20% 20% 20% 20% 20%/ 10% Hungary 19930, d27.9 41.1 9.7 .... 13.9 16.9 21.4 38 .1. 24.0 India 1994a, b29.7 4.1 9.2 13.0 16.8 21.7 39.3 25.0 Indonesia 1995a b34.2 ..... ....36.6 ... 8.4 12.0 15.5 21.0 .. .. 43.1 28.3 Iran, Islamic Rep. I raq. Ireland 19870, d 35.9 25.5... .. 6.-7 11.6 16.4 22.4 42.9 .....27.4 Israel 19920, d35.5 2.8 .... 6.9 11.4 16.3 22.9...... 425.5 26.9 Italy 19910. d 31.2 2:9 .... 7.6 12.9 17.3 23.2 ..... 38.9 ....23.7 Jamaica 1991a' b 41.1 ..... 2:4 ..... 5.8 10.2 14.9 21..6 4775.5.... 31.9 Japan Jordan 19,b43.4 2:4. 5.9 98 ....139 ......20.3 501 ....34:7 Kazakhstan 19930, d 32:7 .... 3:1.. 7.5 12.3 16.9 22.9 ... 40.4 . . . 24 9 Kenya 1992a, b57.5 12.2 3.4 6.7 10.7 17.0 62.1_ 47.7 K orea, O em I . . .. . .. R ep. . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . .. . . . . . .. . . . ... . : . . . Korea, Dm Rep. Kuwait Kyrgyz Republic 19930. d..... .35.3 ...... ....2:7 ... 6.7 11.5 16.4 23.1 ... .. 42:3.3 .... 26.2 Lao PDR 1992a, b30.4 ......I....4:2 . ....9.6 12.9 16.3 21.0 402_.2 .. 26.4 Latvia 1993cd 27.04:3 .......96 136 17.5 22.6 36:7...... 22.1 Lesotho 1986-87a, b 56~.0. ..... 0.9. 28 6.5 11.2 19.4 ...60:1_ 43....4 Libya Lithuania 1993c,5 336.. 6 ...... 3:4. 8.1 .....12.3 16.2 213 3..... 42:1, 28.0 Luxembourg 19910, d 26~9. 4:2 ... 9.5 .....136 17.7 22.4 36.7 22.3 Macedonia, FYR Madagascar 1993a, b........ 43~4 .....23 ... 5.8 99 9 140...... 203 50.0 34.9 Malawi Malaysia 1989,5 d48.4 ..........1.9 ~ .4.6 ......83 13' 0... . 20.4 .....537 37.9 Mali % Mauritania 19888, b42.4 .... 07.7 .... 3.6 10 3 16.2 23 0...... 46 5 ........30.4 Moldova 1992, d34~4 2.7 .....8 .9 11.9 16-.7 23 1 41.5 25.8 Mongolia 1995a, b 33.2 2 9 73 12.2 16.6 23.0 40.9 ........24.5 Morocco 1990-..la, b39~2 ........ .28 . ....6.6 10.5 150 217 ......463 ........30.5 Mozambique Myanmar. Neap 1995-96a, b36.7 372 7:6 ....11.5 15.1 21.0 44.8.. 29~8 Netherlands 1991.5 d31.5 2 9 80 13.0 16.7 22.5 399 24.7 New Zealand Nicaragua 1993a, b 503 ... 1:6 42 7.9 12.6 20.0 .552 ... 39~8 Niger 1992a, b 36.1 30.0 7.5.... 11.8 15.5 21.1 ......441.1 .29.3 Nigeria 1992-93a, b 45.0 1.3 4.0 8.9 14.4 23.4 494.4. 31.4 Norway 19910.5 d25 2 4.1 10.0 14.3 17.9 22.4 35.3 21... .22 Oman Pakistan 19la, b31.2 3.4 8.4 12.9 16.9 22.2 39.7 25.2 Panama 19910. d56.8 0.5 2.0 6.3 .. 11.3 20.3 60.1 42.5 Papua New Guinea 1996a. b50.9 .... 1.7 4.5 7.9 11.9 .... 19.2 56.5 40.5 ~ ~~~~ . t:~~~.... . ....... :..1........... . ... Peru 1994a, b44.9 1.9 4.9 9.2 :14~1.... 21.4 .... 50.4 ..34.3 Philippines 1994, b42.9 24.4 5.9 9.6 13.9 21.1 49.6 33.5 Poland 1992a, b272.2. 4:0 9.3 13.8 17 .7 .. 22.6 3 6 .6.....I22.1 Portugal Puerto Rico Romania 19920.5 d25.5 378.. 9:2 14.4 18.4 23.2 34.8 20.2 Russian Federation 1993c.d 31.0 30.0 7.4 .. 12.6 17.7 24.2 38:2.2.... 22.2 1998 World Development Indicators 69 O ~2.8 Survey year Gini index Percentage share of income or consumption Loesest Lossest Second Thrid Fourth Highest Highest 10% 20% 20% 20% 20% 20% 10% Rwanda 1983-85a, b28.9 4.2 9.7 13.2 16.5 21.6 39.1 24.2 Saudi Arabia Senegal 1991a5,b 54.1 1.4 3.5 7.0 11.6 19.3 58.6 42.8 Sierra Leone 1989a, 62.9 0.5 1.1 2.0 9.8 23.7 63.4 43.6 Singapore Slovak Republic 1992c, 19.5 5.1 11.9 15.8 18.8 22.2 31.4 18.2 Slovenia 1993c. d 29.2 4.0 9.3 13.3 16.9 21.9 36.6 24.5 South Africa 1993a, b 58.4 1.4 3.3 5.8 9.8 17.7 63.3 47.3 Spain 1990c. d 32.5 2.6 7.5 12.6 17.0 22.6 40.3 25.2 Sri Lanka 1990a, b 30.1 3.8 8.9 13.1 16.9 21.7 39.3 25.2 Sudan Sweden i92,d25.0 3.7 9.6 14.5 18.1 23.2 34.5 20.1 Switzerland 1982c, 36 .1 2.9 7.4 11.6 15.6 21.9 43.5 28.6 Syrian Arab Republic Tajikiatan Tanzania 1993~~ 38.1 2.9 6.9 10.9 15.3 21.5 45.4 30.2 Thailand 19928, b 46.2 2.5 5.6 8.7 13.0 20.0 52.7 37.1 Togo Trinidad and Tobago Tunisia 1990a0.b 40.2 2.3 5.9 10.4 15.3 22.1 46.3 30.7 Turkey . .. .. Turkmenistan 1993c0.0 35.8 2.7 6.7 11.4 16.3 22.8 42.6 26.9 Uganda 1992a~ 40.8 3.0 6.8 10.3 14.4 20.4 48.1 33.4 Ukraino 1992c. d 25.7 4.1 9.5 14.1 18.1 22.9 35.4 20.8 United Arab Emirates United Kingdom 19860. d 32.6 2.4 7.1 12.8 17.2 23.1 39.8 24.7 United States 1994c. d 40.1 1.5 4.8 10.5 16.0 23.5 45.2 28.5 Uruguay Uzbekistan Venezuela 19950. d 46.8 1.5 4.3 8.8 13.8 21.3 51.8 35.6 Vietnam 19931~ 35.7 3.5 7.8 11.4 15.4 21.4 44.0 29.0 West Bank and Gaza Yemen, Rep. 19921 39.5 2.3 6.1 10.9 15.3 21.6 46.1 30.8 Yugoslavia, FR (Serb./Mont. . . . . .. Zambia 1993a, 46.2 1.5 3.9 8.0 13.8 23.8 50.4 31.3 Zimbabwe 1990,, 56.8 1.8 4.0 6.3 10.0 17.4 62.3 46.9 a. Refers to experdituer sahren by eercentiies of population. b. Ranked by per capita expenditure. c. Refers to income snares bv percentlen of population. d.Ranked tDy per canpIa incomwe. 70 1998 World Developpnent Indicators 2.8 Inequality in the distribution of income is reflected in World Bank staff have made an effort to ensure * Survey year is the year in which the underlying data the percentage share of either income or consump- that the data are as comparable as possible. were collected. * Gini index measures the extent to tion accruingto segments of the population ranked by Whenever possible, consumption has been used which the distribution of income (or, in some cases, income or consumption levels. The segments ranked rather than income. Households have been ranked consumption expenditures) among individuals or lowest by personal income receive the smallest share by consumption or income per capita in forming the households within an economy deviates from a per- of total income. The Gini index provides a convenient percentiles, and the percentiles are of population, fectly equal distribution. A Lorenz curve plots the summary measure of the degree of inequality. not households. The income distribution and Gini cumulative percentages of total income received Data on personal or household income or con- indexes for high-income countries are directly cal- against the cumulative number of recipients, starting sumption come from nationally representative house- culated from the Luxembourg Income Study data- with the poorest individual or household. The Gini hold surveys. The data in the table refer to different base. The estimation method used here is index measures the area between the Lorenz curve years between 1985 and 1996. Footnotes to the sur- consistent with that which is applied to developing and a hypothetical line of absolute equality, expressed vey year indicate whether the rankings are based on countries. as a percentage of the maximum area under the line. per capita income or consumption. For the first time, Thus a Gini index of zero represents perfect equality every distribution (including high-income economies) while an index of 100 implies perfect inequality. is based on percentiles of population-rather than * Percentageshareofincomeorconsumptionisthe households-with households ranked by income or share that accrues to subgroups of population indi- expenditure per person. Where the original data from cated by deciles or quintiles. Percentage shares by the household survey were available, they have been quintiles may not add up to 100 because of rounding. used to directly calculate the income (or consump- tion) shares by quintile. Otherwise, shares have been Data sources estimated from the best available grouped data. The distribution indicators have been adjusted for Data on distribution are compiled by the World Bank's household size, providing a more consistent measure Development Research Group using primary house- of per capita income or consumption. No adjustment hold survey data obtained from government statisti- has been made for spatial diFferences in cost of living cal agencies and World Bank country departments. within countries, because the data needed for such Data for high-income economies are from national calculations are generally unavailable. For further sources, supplemented by the Luxembourg Income details on the estimation method for low- and middle- Study database. income economies, see Ravallion and Chen (1996). Because the underlying household surveys differ in method and in the type of data collected, the dis- tribution indicators are not strictly comparable across countries. These problems are diminishing as survey methods improve and become more standardized, but achieving strict comparability is still impossible (see the notes to table 2.7). The following sources of noncomparability should be noted. First, the surveys can differ in many respects, including whether they use income or con- sumption expenditure as the living standard indicator. Income is typically more unequally distributed than consumption. In addition, the definitions of income used in surveys are usually very different from the economic definition of income (the maximum level of consumption consistent with keeping productive capacity unchanged). Consumption is usually a much better welfare indicator particularly in developing countries. Second, household units differ in size (number of members) and in extent of income sharing among members. Individuals differ in age and con- sumption needs. Differences between countries in these respects may bias distribution comparisons. 1998 World Development Indicators 71 2.9 Education policy and infrastructure Public expenditure Expenditure per student Expenditure Primary Duration on education on teaching pupil- of materials teacher primary ratio education Primary Secondary Tertlary Primar,y Secondary % f%o f%of % of toa of tt. pu.pils per GNP GNP per capita GNP per capita GNP per capita fon level for le,el yeco ears 1980 19950 1980 1994 1980 19950 1980 19950 1994 1994 19950 19950 Albania .. 3.4 .. . . 23.0 .. 36.0 .. 5.4 is 8 Algeria 7.8 .. 8.9 1106.6. . 1.1 0.0 27 6 Argentina 2.7 4.5 6.5 116.2 .. 12.0 110.4 17.0 ...7 Armenia ... . .. . .. 19.0 ..22 4 Australia 5.5 5.6 . .. . .. 29.6 30.0 . . 16 6 Austria 5.6 5 .5 16.1 1188 .. 25.0 37.9 32.0 . ..12 4 Azerbaijan 3.0 .. . . 13.0 .. 0.3 20 4 Bangladesh 1.5 2 .3 4.8 . .. 23.0 46.8 30.0 ...5 Belarus 5.2 5.6 19.6 37.4 . .. 32.8 20.0 ..20 4 Belgium 6.1 5.7 17.8 . .. 25.0 34.8 35.0 0.2 12 6 Benin 3.1 .. . . 22.0 ..240.0 ..49 6 Bolivia 4.4 6.6 13.7 . .. 18.0 .. 67.0 . .8 Bosnia and Herzegovina Botswana 9.6 113.6 .. . .. 665.5 ... .26 7 Brazil. 3.6 .. 8.7 . 1.1.0 .. 0.1 ... .23 8 Bulgaria 4.5 4.2 17.5 28.9 .. . . 21.0 . ..17 4 Burkina Faso 2.6 3.6 26.5 .. . .3,371.1 ..0.8 ..58 6 Burundi 2.6 24.2 14.2 .. 69.0 ..941.0 1.4 2.5 65 6 Cambodi'a ... . . . . .. 45 5 Cameroon 3.2 . 110 .. . .. 362.8 ... .46 6 Canada 6 .9 7.3 . .. . .. 27.9 36.0 .. 4.0 16 6 Central African Republic 22.1 .. . .. . ... ..6 Chad 2.2 . 112.3 .. 33.0 ..234.0 .. 0.9 62 6 Chile 4.6 2.9 9.6 8.5 .. 9.0 .. 21.0 0.0 ..27 8 China 2.5 2.3 3.8 5.6 .. 14.0 .. 81.0 . ..24 5 Hong Ko0ng, China 2.8 .. 12.0 .. 52.0 0.3 ..24 6 Colombia 1.9 3.5 5.2 110.5 .. 11.0 41.1 29.0 . ..25 5 Congo, Dem. Rep. 2.6 ... . . . 748.9 ... .45 6 Congo, Rap 7.0 5.9 10.1 . .. . ..224.0 0.1 ..70 6 Costa Rica 7.8 4.5 13.1 110.6 .. 19.0 76.1 44.0 0.4 ..31 6 CSte dIlvoire 7.2 . 22.5 . 1113.0 .. . ... 45 6 Croatia 5.3 . . . . . . . ..20 4 Cuba 7.2 .. 10.4 .. . . 28.5 ..5.7 ..14 6 Czech Republic 6.1 . 411.2 .. 25.0 .. 41.0 .. 36.11 20 4 Denmark 6.9 8.3 38.4 .. . .. . 55.0 4.3 la 1 6 Dominican Republic 2.2 1.9 3.1 2.9 .. 5.0 . 5.0 . ..35 8 Ecuador 5.6 3.4 5.6 3.9 .. 15.0 22.3 34.0 . ..26 6 Egypt, Arab Rep. 5.7 5.6 .. . . . . 108.0 .. 0024 5 El Salvador 3.9 2.2 12.4 . .. 5.0 103.5 8.0 . ..28 9 Estonia .. 6.6 .. . . . . 40.0 .. 3.4 17 5 Ethiopia .. 4.7 19.4 56.9 .. 62.0 ..592.0 2.5 . 33 6 Finland 5.3 7.6 20.7 24.0 .. 30.0 27.8 46.0 6.2 4.7 ..6 France 5.0 5.9 12.0 115.9 .. 26.0 21.8 24.0 .. 0.3 19 5 Gabon 2.7 ... 5.5 .. . . . . 0.6 52 6 Gambia, The 3.3 5.5 21.1 . .. 28.0 ..235.0 . . 30 6 Georgi'a .. 5.2 . 28.0 . ..16 4 Germany .... ..4.7 . 35.0 ...18 4 Ghana 3.1 .. 3.9 .. . . . .1.6 .28 6 Greece.. 3.7 8.3 . .. 19.0 27.0 29.0 2.4 ..16 6 Guatemala .. 1.7 4.9 6.2 .. 5.0 .. 33.0 . ..34 6 Guinea .... 110.4 .. 38.0 .. 498.0 . . 49 6 Guinea-Bissau ... 32.7 . .. . .. ......6 Haiti 1.5 5. .9 .. . . 65.3 ..1.5 ...6 Honduras 3.2 3.9 10.9 . .. 22.0 72.1 59.0 3.6 ..35 6 72 1998 World Development Indicators 2.9 Public expenditure Expenditure per student Expenditure Primary Duration on education on teaching pupil- of materials teacher primary ratio education Primary Secondary Tertiary Primary Seconcdary % of S of % of % of % of total % of total pupils per GNP GNP per capita GNP per capite GNP per capita for level for level teacher yearn 1980 1.995a 1980 1994 1.980 1.995a j980 19950 1994 1.994 ±9950 19950 Hunga.ry 4.7 6.0 14.0 26.0 .. 28.0 ..75.3 7. . .73. 11 8 India 2.8 3.5 9.4 11.9 . 13.0 . 78 0. 63 5 Ind. onesia 1.7 ... ...236 Iran, Islamic Rep. 7.5 4.0 22.4 82.2 .. 120.0 . .. 62.0..... .... 32 . ......5 Iraq 3 0 7.0 .. .. .. .. .. .... . ..... 2 2.. 6.. . . . . . . . . . Ireland .... 6.3. 11-5.5 . 149.9 ..230 0. 38 8. 38.0 0.3 0:5 23 6 Isreel ..7.9 6.6 15.4 . . ... . .29.0 ..5 22 31.0 9.9 ........ .... 16 8 Italy... - ... ... 49.. 199.9 .... 26:0 . 23.0 .. 1.4 11 5 Jamaica 7.0 8.2 14.0 14.7 25.0 166~6 193.0 1.7 . 37 6. Japa ..5.8 3.8 14.8 ..19:0 2 1 1.0 4.8 ..18 6 Jordan . 6.3.. . . 111.0 . 3.0 21 10 Kazakthstan .. 4.5 .. . 00. .204 Kenya . . 6.8.. 7.4 15.6 1 7.7 4770 808.2_540.0 .31.8 - orea .. e m. R ep.... ... . . . . . . . . . . . .. . . ..... .. .. ..... . .. ...4 Korea, Rep. 3.7 3.7 10.4 14.7 . 120.0 7.1 6.0 2.2 0.1 32 6 Kuwait 2.4 5.6 6.1 . .27.9 . 6:9....I..... 15 4 ,rf.: ~~~~~~~~~~~~~~~~~~~ - .. .. ~~~~~~~~~~~~~~~~~~~~~49.0 0.6 20 _4 Lao PDR ...........2:4 .... 4.7 25.0. 55.0 . 0.3 30 5 Latva.. ... . 3:3 . 6.3 -.7 . 45.0 1.... . 4 ... .4 Lebanon .. 2.0 126 Lesotho 5.1 5.19 8:8 -126 ........ 51.0 642.3 399.0 0.4 . 49 7 Libya 3.4 ... ............. ........ 9 Lithuania 5.5 6.1 . . . 51.0 . 04.4 17 4 Macedonia, FYR 5520.6 0.1 20 8 Madagascar 4.4 7:8 35 6 1:1 .40 5 Malawi, 3.4 5.7 7.5 9.6 . 1450.0 11136.7 979.0 .... 8. 162 8 Malaysi'a 6.0 5.3 12.0 10.9 . 22.0 148.6 77.0 6.0 8.8 20 6 Mali ......... 3.8 2.2 .329.9 17.5 . 35.0 . 522.0 2:.2 . 66 6 Mauritani'a .. 5.0 30.4 12.7 .. 59.0 ..157.0 .. 48526 Mauritius 5.3 4.3 15.6. . .. I. .. 130 .0. .....22476 Mexriico47 53 43s. .2. 5.3 61.0 1.360.0. 2296 Moldova .. 6.1 ~~~ ~~~ ~~~ ~ ~ ~ ~~ ~ ~ ~~... . . ... .... .. . 0 ... . ..... 23......4. M ongolia.. ....5.6 ......... 3.0 .. 7 .0... .. ...... .....25 . 3..... Morocco 6.1 5.6 15.5 15. 205.0 . 74.0 0.21: ., 2896 M o a m biqe.4.4.. .. .. ... .. . .. 4. . . .5 Mongolia .... 1. 7 .334. . 0.0 104 Namib. a 1.5..9.4......... 4.08 740 325 7.... 3 Nethrlands 7.6 5.3 13.8 ... .. 205.0 5....744.0 3.1 28196 Niger 3.1 ~~ ~ ~~~~ ~ ~ ~ ~~ ~~... ... 2.4..........1,492. ... 37.. 6. ..... .. N igeri 6.4.. .... ...... 4.5. .. .. . . ... . ... . . ... .... . ... ..... .. .....344.6. . 37 6... ... . ... Mynoarwa 17. 8.3 300 82 . .. 2875 2 . Oman 2.1 4.8 .. 16.8 .. 23.0 2.2 26 6~~~~~~~~~~~~~~~~~~~~~~~~~~~~1. 4 Pakistan 2.0~ ~ ~ ~ ~~~~ ~ ~ ~ ~ . ... 8.7... .... ... .... .... ...23..6.......... .. .... .S.. . PNamiba 4.8 5.2 12011741.0 2. 47.0 1.327. Npalau 1.5 2.9 14. 7.49 .. 11.0 . 7: 152.0 7.2 24.6 Peru 3.1 .. 7.2 .. .. .. 5.1 .. 0.7 .. 28~~~~~~~~.. 6 . . . Pohelands 7.6 4.6 8.28 1470.90 53. 42.0 3.1. 16 8 New Zealn 3. . .8 5.4 1350 .17.2 .... 20.0 33.. 25.0 0.2 12 6 P uerto. Rico. . - .- . .. .. .. . .... . . .. . .. .........8 Romani...a 3 .3 3.2..- .. .. 21.7 .... 7 .0 . .I... 4.0..2 Russan Federation 3.534.1. 2063 1998 World Development .ndca. r 73. .... C ~~2.91 Public expendiiture Expenditure per student Expenditure Primary Duration on education on teaching puipil- of materials teacher primary ratio education Primary Secondary Tertiary Primary Secondar % of S~~~ ~ ~~~ of S of %f % of totl %oVt pupils per GNP ~~~~GNP per capita GNP per capita GNP per capita for level fo r .nece er 1980 1995a 1980 1994 1980 1995a 1980 1995, 1994 1994 1995, 1995a Rwanda 2.7 .. 11.1 .. . . . .3.5 -.. 7 Saudi Arabi'a 4.1 5.5 .. 40.8 . 63.0 .. . 3 6 Senegal .. 3.6 24.6 .. ..4.0 ..58 6 Sierra Leone 3.8 .. . . . . .. 7 Singapore 2.8 3.0 6.8 .. . 13.0 30.9 32.0 0.0 ...6 Slovak Republic .. 4.4 .. 22.1 .. 4.0 .. 39.0 -. . 241 4 Slovenia .. 5.8 .. 23.0 .. 24.0 .. 38.0 .. 6.9 14 4 South Africa .. 6.8 .. 32.3 .. . . 59.0 .. 37 7 Spain .. 5.0 . 14.1. . 21.0 .. 18.0 ...18 5 Sri Lanka 2.7 3.1 . .. . .. 62.2 64.0 ...28 5 Sudan 4.8 .. 26.9 .. . . 440.6 ... .36 8 Sweden 9.0 8.0 43.0 45.2 . .. 25.6 76.0 3.9 6.8 11 6 Switzerland 5.0 5.5 . . . .. 55.7 ... .12 6 Syrian Arab Republic 4.6 .. 8.0 . .. 17.0 . ..1.9 7.9 24 6 Tajikistan 8.2 8.6 . .. . .. 29.7 39.0 ...23 4 Tanzania 4.4 .. 11.1 .. . .2,195.3 ... .37 7 Thailand 3.4 4.2 8.8 . .. 11.0 .. 25.0 1.0 ..20 6 Togo 5.6 5.6 8.3 11.9 .42.0 891.5 621.0 0.2 2.3 51 6 Trinidad and Tobago 4.0 4.6 9.2 .. . 17.0 55.1 77.0 5.7 . 25 7 Tunisia 5.4 6.8 11.8 13.5 .. 23.0 193.9 89.0 2.0 ..25 6 Turkey. 2.8 3.4 8.0 13.2 .. 9.0 107.7 51.0 0.1 0.1 28 5 Turkmenistan ... . . . . . . .. .4 Uganda 1.2 .. 3.77 . . . . . . 35 7 Ukraine 5.6 7.7 21.2 42.9 . .. 38.5 20.0 ...20 4 United Arab Emirates 1.3 1.8 . . . . ... ..17 6 United Kingdom 5.6 5.5 16.01) . 22.0 79.7 44.0 2.9 . 19 6 United States 6.7 5.3 27.1 .. . 24.0 48.3 23.0... 16 6 Uruguay 2.3 2.8 9.3 8.3 .. 8.0 .. 28.4 5.8 ..20 6 Uzbekistan 6.4 9.5 .. . . . . 28.0 .. 0.3 21 4 Venezuela 4.4 5.2 3.0 .. . . 56.68 . 1.3 .23 9 Vietnam .. 2.7 . .. . .. . .....34 5 West Bank and Gaza .. . . .. . . . . . . 2 6 Yerren. Rep. .. 7.5 . .. . .. . ..... 9 Yugoslavia. FR (Serb./Mont.) . . . . .. . . . . . 9.3 22 4 Zambia 4.5 1.8 10.6 . .. 9.0 762.3 160.0 2.8 -. 39 7 Zirnbabwe 6.6 8.5 24.2 1.8.9 .. 39.0 259.8 234.0 0.1 4.1 39 7 Low income 3.4 3.6 11.0 12.4 .. 33.5 362. 15. .. .. 4 Exci. Chna & Inda 3.4 3.9 11.1 12.6 . 34.5 362.8 192.0 . .. 6 Middle income J : !4 ' . -4! UOp'per middle income 4.0 5. 6.2 16.5 .. 95 6. 4. .i Lo6w& . . m'iddle icme 3.9 4.6 .. 10.4 12.9 2ino e. ..............2.0 ...107 .7 57 .0 ...3 Ea's-t As'ia & Pa'ci!f'ic ....2.1 2.6 7.5 56 . 18.0 186 64.5 25 bur'op'e" ~&e traAsia 5.0 . 5..6.. -..... 15.7 23. .. 21.0 38~.5 39.0..... .. 216 . L~ati n m.. A e'r'i'ca '& ...Ca"r!b' . .......... 3'.9 .......3.9 8.7 8.i.1 . 51 39.0 2 Middle East & N. Africa 5.0 56 10.3 14.5 .. 2.0 193.9 81.5 6 Suti sia 20 30 91 0. .. 13.0 148.9 71...2 Sub-Sahr An: Afic.41..3 156.2. ....42.0 78 .9.240. ....41 Hihincome 5.6 5.5 15.0 .. .....- 22.5 30.2. 33.5. .... .... 17 .6 a. Data are from IJNESCO's forthcoming World Education Reporr 1992 They are not yet avadable in time series 74 1998 World Development Indicators 2.9 Data on education are compiled by the United Nations * Public expenditure on education is the percentage Educational, Scientific, and Cultural Organization of GNP accounted for by public spending on public (UNESCO) from official responses to surveys and from education plus subsidies to private education at the reports provided by education authorities in each coun- primary, secondary, and tertiary levels. * Expenditure try. Because coverage, definitions, and data collection on teaching materials is the percentage of public methods vary across countries and over time within spending on teaching materials (textbooks, books, countries, data on education should be interpreted with and other scholastic supplies) to total public spend- caution. Although exceptions are noted in the table, ing on primary or secondary education. * Primary readers seeking greater detail should consult the coun- pupil-teacher ratio is the number of pupils enrolled in try and indicatorspecific notes in the source cited primary school divided by the number of primary below. In addition, Behrman and Rosenzweig (1994) school teachers (regardless of their teaching assign- contains a generaldiscussion ofthe reliabilityofdata on ment). * Duration of primary education is the mini- education. mum number of grades (years) a child is expected to The data on education spending refer solely to pub- cover in primary schooling. lic spending-that is, spending on public education plus subsidies for private education. Unless specified, the Data sources data exclude foreign aid for education. They also may exclude spending by religious schools, which play a sig- International data on educa- nificant role in many developing countries. Data for tion are compiled by some countries and for some years referto spending by UNESCO's Division of the ministry of education of the central government only Statistics in cooperation with (excluding education expenditures by other ministries national commissions for and departments, local authorities, and so on). Data for UNESCO and national statis- a few countries include private spending, although tical services. The data in the national practices vary with respect to whether parents 1 i table were compiled using a or schools pay for books, uniforms. and other supplies. UNESCO electronic database corresponding to vari- In most cases the percentage of GNP devoted to edu- ous tables in its Statistical Yearbook 1996. cabon spending has little or no correlation with cross- national indicators of educational attainment. This percentage can be expected to be reflected in education indicators only when comparing countries that have the same national income per capita. Otherwise, this per- centage reflects effort rather than achievement. The comparability of pupil-teacher ratios is affected by whether both full- and part-time teachers are included, whether teachers are assigned nonteaching duties, and by differences in class size by grade and in number of hours taught. Moreover, the underlying enroll- ment levels are subject to a variety of reporting errors. (See About the data in table 2.10 for further discussion of enrollment data.) While the pupil-teacher ratio is often used to compare the quality of schooling across coun- tries, it is not strongly related to the value added of schooling systems (Behrman and Rosenzweig 1994). In many countries the duration of primary education changed between 1980 and 1995 (see table 2.10 for definitions of primary, secondary, and tertiary educa- tion). As a result the relative size of public spending on education by level and primary pupil-teacher ratios also may have changed. These changes may affect the comparability of enrollment ratios over time and across countries. 1998 World Development Indicators 75 2.10 Access to education Gross enrollment Net enrollment ratio ratio Preprimary Primary Secondary Tertiary Primnary Secondary % of relevant % of relevant % of relevant % of relevant % of relevant % of reJevant age group age group age group age group age group age group ±.995 1980 1995 1980 1995 1980 1.995 1980 1.995 1980 1.995 Albani'a 38 113 87 67 35 8 10 96 Algeria 2 94 107 33 62 6 11 81 95 31 56 Angola 68 174 88 21 14 0 1 70 Argentina 50 106 108 56 72 22 38 .. . . 59 Armeni'a 22 82 79 30 49 . Australia 73 112 106 71 147a 25 72 100 98 70 69 Austria 76 99 101 99 104 26 45 99 100 90 Azerbai'jan 20 115 104 93 74 24 20 Bangladesh 61 92 18 3 Belarus 80 104 97 96 39 965. - Belgium 116 104 103 91 1448 26 4.9 97 98 98 Benin 3 67 72 16 16 1 3 59 Bolivia .. ~~~~~~~~~~~~~87 37 .16 79 16 Bosnia and Herzegovina... Botswana ..91 115 19 56 1 4 75 96 14 45 Brazil 56 98 112 33 45 11 11 s0 90 14 19 Bulgaria 62 96 94 84 78 16 39 96 97 73 75 Burkina Faso ..17 38 3 8 0 1 15 31 .. 7 Burundi ..26 70 3 7 1 1 20 52 . 5 Cambodia 6 . 122 3 2 2 7 1 2 . Cameroon 11 98 88 18 27 2 .. . . 15 Canada 63 99 102 88 106 57 103 .. 95 .. 92 Central African Republic .71. 58 14 10 1 1 56 Chad 1 . 55 .. 9 . 1. Chile 96 109 99 53 69 12 28 .. 86 55 China 29 113 118 46 67 2 5 .. 99 Hong Kong, China 84 107 96 64 75 10 95 91 61 71 Colombia 28 124 114 41 67 9 17 .. 85 .. 50 Congo, Dem. Rep. 180 72 24 26 1 2 .. 61 .. 23 Congo, Rep. 1 141 1.14 74 53 5 .. 96 Costa Rica 70 105 107 48 50 21 32 89 92 39 43 Cdte dIlvoire 2 75 69 19 23 3 4 . Croatia 31 .. 86 .. 82 19 28 .. 82 . 066 Cuba 89 106 105 81 60 17 14 95 99 .. 59 Czech Republic 9.1 ~96 96 18 2-1 .. 98 88 Denmark 81 96 99 105 1.18 28 45 96 99 86 86 Dominican Republic 20 118 103 42 41 . .. . 81 .. 22 Ecuador 49 117 109 53 60 35 . . 92 Egypt, Arab Rep. 8 73 100 50 74 16 18 .. 89 65 El Salvador 31 74 66 25 32 13 18 .. 79 .. 21 Eritreea . 57 .. 19 .. I .. 31 15 Estoni'a .56 98 .91 .. 86 25 38 .. 94 -. 77 Ethiopia 1 36 31 9 11 0 1 .. 24 Finland 39 96 100 100 116 32 67 .. 99 93 France 84 111 106 85 I11 25 50 100 99 79 88 Gabon ... 142 . .. .. Gambia, The 24 53 73 11 22 .. 2 50 55 -. 18 Georgia 32 8. 2 . 73. .30 38 .. 82 .. 71 Germany 84 .. 102 98 103 34 43 .. 100 .. 88 Ghana ..79 76 41 37 2 ... Greece 61 103 .. 81 95 17 38 103 ..85 Guatemala 32 71 64 18 25 8 8 58 .. 13 Guinea 9 36 48 17 12 6 . . 37 Guinea-Bissau ..68 64 6 ..47 .. 3 Haiti ..76 . 14 ..1 .38 . Honduras 14 98 111 30 32 8 10 78 90 21 76 1998 World Development Indicators 2.10 Gross enrollment Net enrollment ratio ratio Preprimary % Of Primary Secondary Tertiary Primary Secondary relevant % of relevant % of relevant % of relevant % of relevant % of relevant age group age group age group age group age group age grouip 1995 1980 ±995 ±980 1995 ±980 1995 1980 ±995 1980 ±995 H~ungary 86 ..96. 97 70. .81 14. I9 95 93 ':..... 73 India 5 83 100 30 49 5 6 Indonesia 1910 114 29 48 4 11 88 97 42 Iran, Islamic Rep. 7.... 8 ......9 .....4 6.. ......I......... ....... .87..99..42 69...5 Iraq 8 113 90 57 44 9 99 79 47 37 Ireland 107 100 104 90 114 18 37 100 -100 78 85 Israel 71 95 99 73 89 29 41 Italy 9 100 98 72 74 27 41 . 97 Jamaica 81 103 109 67 66 7 6 96 100 64 64 Japan 49 101 102 93 99 31 40 100 100 93 96 Jordan 25 104 94 75 . 27 . 93 68 Kazakhstan 29 84 96 93 83 34 33 Kenya 26 115 85 20) 24 1qi Korea, Dem. Rep. Korea, Rep. 85 110 101 78 101 15 52 100 99 70 96 Kuwait 52 102 73 80 64 11 25 85 65 .54 Kyrgyz Republic 8 116 107 110 81 16 149 Lao PDR 7 113 107 21 25 0 2 68. 18 Latvia 44 78 89 100 85 24 26 84 78 Lebanon 74 III 109 59 81 30 27 Lesotho 102 918 21 2 665 13 16 Libya 125 110 76 97 8 16 100 97 62 Lithuania 36 79 96 114 84 35 28. 80 MacedJonia, FYR 24 100 89 61 57 28 18 . 85 51 Madagascar 133 7213 3 Malawi 60 135 3 98 1 2 43 100 66 M alays.Ia.... ....... ..... .. ..... 93 .. ....91 . . 48 .61 4.11 . . . . .. .. .91 .... .. Mali 3 26 34 8 9 1 . 20 25 M auritania 0 .. ....... 37 . ....78 ... 11 15 .4:. . .. 60 . ... Mauritius 85 93 107 50 62 1 6 79 96 Mexico 71 120 115 49 58 14 .14 .. 10 Moldova 45 83 94 78 80 30 25 . Mongolia 23 107 88 01 89 Is15. s0o. 57 M orocco ......... .. 63 .. . 83 .... 83 .. ... .. 26 ... 39 . .. .. . 6~ . 11 62 72 20 ' .. Mozambique 99 60 5 7 0 1 36 40 6 Myanmar. 91 100 22 32 5 5 Namibia 11 .. 133 62 . 8 92 36 Nepal . 86 110 22 383 5: Netherlands 100 100 107 93 .139a 2 9 49 93 99 81 New Zealand 77 Ill 104 83 117 27 58 100 100 81 93 Nicaragua 20 98 110 43 47 -13 9 98 83 23 2 7 Niger 1 25 29 5 7 0 .. 21..4 Nigeri 105 89 .16 30 2 4 Oman 3 51 80 12 6 5 43 71 10 56 Pakistan . 39 74 14 26 . 3 . Panama 76 106 106 61 68 21 30 89 . 46 Papua New Guinea 1 59 80 12 14 2 3 Paragua 38 106 109 27 38 9 10 89 89 33 Peru 36 114 123 59 70 17 31 86 91 53 Philippines 13 112 116 64 79 24 27 94 100 45 60 Poland 45 100 98 77 96 18 27 98 97 70 83 Portugal 58 123 128 37 102' II 34 98 100 78 Puerto Rico... ... ..4 Romania 53 102 100 71 66 12 18 92 7 3 Russian Federation 63 102 108 96 87 46 43 . 100 1998 World Development Indicators 77 O ~2.10~ Gross enrollment INet enrollment ratio ratio Prepriruary %of Primary Secondary Tert~ary Primary Secondary relevant % of relevant % of relevant %of relevant Sof relevant yy of relevant age group age group age group age group age group age group ±.995 ±980 1995 1.980 ±995 1980 ±999 ±980 1995 1980 ±.995 Rwanda 63 82 3 11 0 59 76 8 Saudi Arabia 8 61 78 29 58 7 15 49 62 21 48 Senegal 2 46 65 11 16 3 3 37 54 Sierra Leone 52 14 1 . Singapore 106 104 58 62 8 34 99 Slovak Republic 71. 97 .. 91 .. 2C Slovenia 66 98 .. 91 . 32 .. 100 South Africa 28 85 117 84 -. 17 .. 96 -. 52 Spain 69 109 105 87 118 23 46 100 100 74 94 Sri Lanka 103 113 55 75 3 5 Sudan 37 50 54 16 13 2 Sweden 60 97 105 88 132u 31 43 100 .. 96 Switzerland 94 107 91 1s 32 .. 100 Syrian Arab Republic 7 100 -10 1 46 44 17 18 89 91 39 39 Tajikistan 10 89 82 24 20- Tanzania -. 93 67 3 5 .. 1 68 48 Thailand 58 99 87 29 55 15 20 Togo 3 118 118 33 27 2 3 .. 85 Trinidad and Tobago 10 99 96 70 72 4 8 90 88 .. 64 Tunisi'a 10~2 116 27 61 5 13 82 97 23 Turkey 6 96 105 35 56 5 18 .. 96 .. 50 Turkmenistan ... 23 . Uganda -. 50 73 5 12 1 2 39 Ukraine 54 .102 87 94 91 42 41 . United Arab Emirates 57 89 95 52 78 3 .9 74 83 71 United Kingdom 29 103 115 83 134a 19 48 100 100 79 '92 United States 68 99 102 91 97 56 81 95 96 .. 89 Uruguay 33 107 111 62 82 17 27 .. 95 Uzbekistan 54 81 77 105 93 29 32 . Venezuela 43 93 94 21 35 21 29 82 88 14 20 Vietnam 35 109 114 42 47 2 4 95 West Bank and Gaza . . . .. .. Yemen, Rep. 1 .. 79 .. 23 . 4 Yugoslavia, FR (Serb./Mont.) 31 29 72 .. 65 .. 21 . Zambia ..90 89 16 28 2 3 77 77 .. 16 Zimbabwe 85 116 8 47 1 7 Low income 19 93 107 34 56 3 6 E'xo'.-C1hin-a ..&.. I"n'dia ......75 822 3. . Middle income 38 100 105 54 . 60 . 19 . 19 93 Lower middle income . 32.9 14 57 . 60 . 21 .29 Upper.middle.incom 56.. 101.107 47 62... 14 ......91 Lowpp"" .. middle~ income.-.....-~............ii......i~... 41.dii j Latin America & Carin ........ 56 106 .Il 42 5 14 15 9 Middle East & N~. Arca ... 2 6 .1 .76..~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~i9 .6~~~~~~~.....-............- Sb-ahr'anx AfriCa ......78 . 75 . 14 27 1 Hignhcome 69 . 102 . 03 . 87 . 04 . 35k 57 .. 98 a includes training for the unemployed. 78 1.989 World Deaveopment Indicators 2.10 School enrollment data are important indicators of developing countries, leading to a substantial number i Gross enrollment ratio is the ratio of total enroll- the size and capacity of a country's education sys- of overage children enrolled in each grade and raising ment. regardless of age, to the population of the tem and may be useful measures of education out- the gross enrollment ratio. Thus gross enrollment age group that officially corresponds to the level of comes, but they are notoriously rife with errors. The ratios provide an indication of the capacity of each education shown. Estimates are based on indicators in the table are reported to the United level of the education system, but a high ratio does UNESCO's classification of education levels, as fol- Nations Educational. Scientific, and Cultural not necessarily indicate a successful education sys- lows. * Preprimary provides education for children Organization (UNESCO) by national education author- tem. Net enrollment ratios provide a better indicator not old enough to enter school at the primary level. ities on the basis of annual enrollment surveys, typ- of a school system's efficiency, but neither indicator * Primary provides the basic elements of education ically conducted at the beginning of the school year. measures the quality of the education provided. at elementary or primary schools (see table 2.9 for They do not reflect actual rates of attendance or the duration of primary school). * Secondary pro- dropouts during the school year. Furthermore, school vides general or specialized instruction at middle, administrators may have incentives to exaggerate secondary, or high schools, teacher training schools, Enrollments are improving. but the enrollments. Behrman and Rosenzweig (1994), com- school-age population is gohsing and vocational or technical schools; this level of edu- paring official school enrollment data for Malaysia in cation is based on at least four years of instruction 1988 with gross school attendance rates from a r 1 ' " 1 ': -' 1 '" ' at the primary level. * Tertiary requires, as a mini- household survey, found that the official statistics m,, mum condition of admission, the successful comple- systematically overstated enrollment. ,, tion of education at the secondary level or evidence Overage or underage enrollments may occur, par- of attainment of an equivalent level of knowledge and ticularly when parents prefer for cultural or economic is provided at universities, teachers colleges, and reasons to have children start school at other than higher-level professional schools. * Net enrollment the official age. Children's age at enrollment may . ratio is the ratio of the number of children of official also be inaccurately estimated or misstated, espe- £ ' : school age (as defined by the education system) cially in communities where registration of births is . - I I - I | enrolled in school to the number of children of offi- not strictly enforced. Parents who want to enroll their - cial school age in the population. underage children in primary school may do so by overstating the age of the child. And in some educa- < - -, - Data sources Souirce:" r*-i. tion systems ages for children repeating a grade may be deliberately or inadvertently underreported. Er.ro,ment ranioi have mproaea cons'derabiV m all Enrollment ratios are from region, ann at all education le.els. pari,cularlo the 1 * As an international indicator, the gross primary primary le%el. Still. a liwlar.tial porbton 0 ch.idien | UNESCO's Statistical Yearbook enrollment ratio has an inherent weakness: the or school age continue tb be out ol school The 1997. challenge for le%eloping countries 13 to create an length of primary education differs significantly environmem both 'i scnoo. and ot ol scnool. itat across countries (see table 2.9), so a short duration ;s connoacie to nwimnging out-oliscnool cnildien lo schools and ieLaoing them. In mang coumriei thil increases the ratio, and a long duration decreases it challenge vill be ectacroated oD sizale prolectko (partly because of more dropouts among older chil- growihtntnepoDulaiion 3ge6-1-lgrowThth3t 111E pul increasing pressure on tne physlcal ann fin necal j - dren). Other problems affecting cross-country com- resources ol education sVstems. parisons of enrollment data stem from errors in estimates of school-age populations. Age-gender structures from censuses or vital registration sys- tems, the primary sources of data on school-age pop- ulations, are commonly subject to underenumeration (especially of young children) in order to circumvent laws or regulations; errors are also introduced when parents round up children's ages. While census data are often adjusted for age bias, adjustments are rarely made for inadequate vital registration systems. Compounding these problems, pre- and post-census estimates of school-age children are interpolations or projections (see the discussion of demographic data in the notes to table 2.1) based on models that may miss important demographic events. In using enrollment data, it is also important to consider repetition rates, which are quite high in some a998 World Development Indicators 79 EEi~2.11 Educational attainment Percentage of cohort Progression to Average years of reaching grade 4 secondary school schooling (general) Male -ernale Male Female % % ~~~~~~~~~~~~~~~~Male Female 1980 1991 1980 1991 1980 1991 1980 1991 1980 1992 1980 1992 Albania . . * Algeria 92 97 91 96 55 78 62 83 9 11 5 9 Angola . .8 ..7 Argentina . ... 13 .. 14 Armenia Auatralia ... . 12 13 12 14 Auatria . ... . 11 15 11 14 Azerbaijan Bangladeah .. 56 .. 47 Belarus Belgium 78 81 14 14 13 14 Benin 64 62 41 39 .. . Boli :via . 92 90 9 11 8 9 Bosnia and Herzegovina... Botswana 91 95 .. 74 77 7 10 8 11 Brazil ... .9 ..9 Bulgaria. 93 .. 90 40 88 11 11 11 12 Burkina Faso 79 81 79 82 ..2 3 1 2 Burundi 83 78 83 76 8 12 7 11 3 5 2 4 Cambodia... Cameroon 81 81 .. 24 32 19 30 8 .. 6 Canada ..15 17 15 18 Central African Republic 85 81 38 35 .. Chad .. 74 .. 65 . 36 35 . Chile ... ... 79 .. 80 . . 12 .12 Hong Kong. China 100 .. 100 . 87 .. 93 . 12 .. 12 Colombia .. 72 .. 74 . .. . Congo, Dem. Rep..7 0313 Congo, Rep. 91 88 91 89 86 .. 80 . Costa Rica 80 90 84 91 .. 66 67 10 10 10 9 C8te dIlvoire 94 85 91 83 25 21 . . Cuba .. 12 .. 13 Czech Repu blic . Denmark 98 98 14 15 14 15 Dominican Republic .. 10 .. 10 Ecuador . Egypt ,Arab Rep 95 . 65 . ... . 11 9. El Salvador 28 21 26 18 .. 9 .. 9 Eritrea .. Finland .. 100 .. 100.. ... . France ... . . ...13 14 13 15 Gabon 82 .. 79... ... ... Gambia,The .. . .41 . 42 ... 5 8 3 Georgia Germany .. . . 15 .. 14 Ghana 87 82 Greece. 98 .. 98 12 13 12 13 Guatemala.. . . ...... - Guinea .. 80 . 73 .. 49 .. 44 .4 2 Guinea-Bissau 63 .. 46 .. 71 46 .. 6 3 Haiti .. 60 .. 60 38 80 45 92 . Honduras 80 1998 World Development indicators 2.11 Percentage of cohort Progression to Average years of reaching grade 4 secondary school schooling (general) Male Female Male Female %% % % ~~~~~~~~~~~~~~Male Female 1980 1991 1980 1991 1980 1991 1980 1.991 1980 1992 19ao 1992 Hungary 96 9 7 96 9 7 . . . .. 9. 12 10 12 In d ia.. . . . . . ... . . . . . ... . . . . Indonesia . .10 . Iran, Islamic Rep... 9493. 83 82 0. Iraq4 1....... 12 .9 9 7 Ireland .. . . . 1 1 1 13 Is a I. . . I . . . .. .. ..a.r. . . ..ae l. . . . . . . . . . . . . . . . . . .. . . . . . .. . . . . . . . . . .. . . .. . . . . . . Italy 100 100 100 100 98 99 98 100 . Jamaica . 98 . 100 100 98 89 95 10 11 11 11 Japan 100 100 100 100 13 . 12 Jordan 95 100 95 9 7 88..... ..88 7 0 12 11 12 12 Korea, Dem. Rep. . .... Korea, Rep. 96 100 96 100 99 96 12 14 11 13 Kuwait . . . . 98 . 98 11.. 1 Kyrgyz Republic Lao PDR.. . .. .. 65 60 . 8. Lesothb 61 74 77 84 . 7 8 10 10 Libya Lithuania ~ . :- ~ . . : Madagasca 63~~7. 64 .. 44 .. 41 Malawi 62 73 55 68 .. . 6 5 Malaysia 98 99 . . . Mali . 41 61 3 1. 2 . Mauritania 82. 83 . 37 29 Mauritius 99 . 99 47 45 47 48 Mexico Moldova Mongolia Morocco 90 85 89 85 79 . 84 8 8 5 6 Mozambique .. ......... .66 ..... .60 ..... 25. 39. 23 39 5 4 4 3 Myanmar Nam ibia ' .- I .I .... .... ....... .. ...... 76 72 12.. 13 Nepal .. 79 77 Netherlands 97 . 100 . 6575 . 4 16 13 15 New Zealand .. 97 .. 97 .. .. 14 15 13 16~~~~~~~~~~~~~~~~~~~~~~~~~~~~~.. ... ...... Nicaragua 51 . 55 .8 8 9 9 Niger 82 79 . . 42 . 37 .. 3 .1. Nigeria Norway 99 100.. . .. . 13 15 13 16 Oman 74 84 83 88 5 8 2 7 Pakistan Panama 87 85 88 88 .. . .. . 11 11 11 11 Papua New Guinea 6867 Para uay 79 81.9..... ..... ....8 Peru 85 . 83 8.. 7.. 1.. 10 Philippines .... .... .. 10 1 11 Poland 12 12 12 12 Portugal 67 . 78 . .. Puerto Rico Romania .. 11.. 1 Russian Federation 1998 World Development Indicators 51 O ~2.11 Percentage of cohort Progression to Average years of reaching grade 4 secondary school schooling (general) Male Female Ma[e Fema e % % ~~~~~~~~~~~~~SMae Female 1980 1991 1980 1991 1980 1991 1980 1991 I1980 1992 1980 1992 Rwanda 83 72 84 75 5 2 .. 6 6 Saudi Arabia 91 90 85 96 94 94 7 9 5 8 Senegal 93 94 90 90 . ..6 .. 4 Sierra Leone.. . Singapore 82 84 .. 1 . i Slovak Republic Sloveni'a South Africa 87 .. 91 .. 12 12 Spain 95 97 95 98 91 .. 13 14 12 15 Sri Lanka 97 98 8892 -. Sudan 78 78 . Sweden 99 100 . .. 12 14 13 14 Switzerland 92 94 42 46 42 48 14 15 13 14 Syrian Arab Republic 94 95 91 95 76 68 76 61 11 10 8 9 Tajikistan . Tanzania 89 90 ... ...- Thailand Togo 90 84 84 79 39 40 34 35 11 .. 6 Trirnidad and Tobgo11 11 11 11 Tunisia 94 93 90 93 31 60 31 60 -10 11 7 10 Tu,key .. 99 98 47 62 33 44 . Tu'kmenistan . . . . . .. Uganda.. ........ . Ukraine.. ........ . United Arab Emirates 94 .. 93 91 92 93 96 8 11 7 12 United Kingdom 13 15 13 16 United States .. . .14 16 15 16 Uruguay 93 99 99 99.. ... .... Uzbekistan . .. Veniezuela ..69 70 70 75 .. 10 .. 11 Vietnam West Bank and Gaza Yemen, Rep. Yugoslavia, FR (Serb./Mont.) Zimbabwe .. 81 .. 80 ... .. 92 1998 World Development Indicators 2.11 Indicators of students' progress through school pro- ondary levels, rules governing repetition and promo- * Percentage of cohort reaching grade 4 is the share vide a measure of an education system's success in tion, and the availability of special programs and of children enrolled in primaryschool in 1980 and 1991 maintaining a flow of students from one grade to the other alternatives to the general secondary educa- who reached grade 4 in 1983 and 1994, respectively. next and thus in imparting a particular level of edu- tion system. The estimate is based on the reconstructed cohort cation. Although school attendance is mandatory in The average years of schooling measures educa- method (see About the data). * Progression to sec- most countries, at least through the primary level, tional attainment for men and women. ondary school (general) is the number of new entrants students drop out of school for a variety of reasons- in the first grade of secondary school (general) divided including discouragement over poor performance, by the number of children enrolled in the final grade of the cost of schooling, and the opportunity cost of primary school in the previous year (according to the time spent in school. In addition, students' progress country's duration of primary education, as shown in to higher grades may be limited by the availability of table 2.9). * Average years of schooling is the aver- teachers, classrooms, and educational materials. age number of years of formal schooling received. The rate of progression, or persistence, is mea- sured by the proportion of a single-year cohort of stu- Data sources dents that eventually reaches a particular grade or level of schooling. Because tracking data for individ- Estimates of the percentage ual students are not available, aggregate student of cohort reaching grade 4 flows from one grade to the next are estimated using and progression to sec- data on average promotion, repetition, and dropout ondary school were compiled rates. Other flows caused by new entrants, reen- - using UNESCO's database trants, grade skipping, migration, or school transfers on enrollment by level. grade during the school year are not considered. This pro- or field, and gender. cedure, called the reconstructed cohort method, makes three simplifying assumptions: dropouts never return to school; promotion. repetition, and dropout rates remain constant over the entire period in which the cohort is enrolled in school; and the same rates apply to all pupils enrolled in a given grade, regardless of whether they previously repeated a grade. Because data from the United Nations Educational, Scientific, and Cultural Organization (UNESCO) do not include dropouts or dropout rates, the number of dropouts is estimated as the differ- ence between enrollments in successive grades in successive years, after netting out repeaters. The remaining students are assumed to be promoted. Repeated application of the same calculations leads to an estimate of the number of students entering each successive grade (Fredricksen 1991). The percentage of the cohort reaching grade 4, rather than some other grade, is shown for two rea- sons. First, four grades are the minimum needed to acquire literacy (United Nations 1993b). Second, using grade 4 minimizes the effect of repetition at or close to the final grade of primary education. Progression to secondary school measures the percentage of students in the final grade of primary school who enter the first year of the general sec- ondary system. The comparability of this indicator across time and between countries may be affected by changes in the definition of the primary and sec- 1998 World Development Indicators 83 2.12 Gender and education Primary education Secondary general Secondary vocational Teachers Pupils Teachers Pupils Teac hers Pupils % female % female % female % female %1 "emale % female ±980 1995, 1980 1994 1980 1899S 1980 1994 1980 1994 1980 1994 Albani'a 50 60 47 48 46 51 59 54 32 50 41 31 Algeria 37 44 42 46 45 39 47 .. 20 21 34 Angola 47 . 32 Argentina 92 49 75 84 4 7 Armenia -97. 50 85 Australia 70 76 49 49 45 52 50 49 - Austria 75 84 49 49 54 61 49 49 36 44 41 43 Azerbaijan 83 47 48 . .. 32 38 Bangladesh 8 37 7 24 .. 5 . 2 Belarus .. 4 . 50 Belgium 59 72 49 49 . . . Benin 23 24 32 ..26 Bolivia 48 47 Bosnia and Herzegovina Botswana 72 76 55 50 35 44 56 53 45 32 25 23 Brazil 85 49.. . Bulgaria 72 89 49 48 64 75 88 67 49 59 40 38 Burkina Faso 20 24 37 39 .. 18 33 34 . 2-1 40 49 Burundi 47 47 39 45 18 .. 25 38 10 14 18 39 Cambodia 37 .. 44 .. 28 38 -. Cameroon 20 32 45 47 18 25 34 40 24 28 39 41 Canada 66 67 49 48 44 67 49 49 . Central African Republic 25 37 .. 12 .. 25 . 25 25 49 Chad 8 32 4 .. 1 7 Chile 72 49 49 55 54 . .. 47 47 China 3 7 47 45 47 25 36 40 44 25 25 34 46 Hong Kong, China.73 76 48 51 51 .. . . 32 Colombia 79 80. 50. 50 41. . 50 .. 42 42 45 Congo, Dem. Rep. 22 42 43 ... 30 Congo, Rep. 25 36 48 48 8 15 40 41 . . 54 Costa Rica 79 .. 49 49 57 54 52 50 so 5 48 OSte dIlvoire 15 18 40 43 28 34 . . 49 Croatia 73 89 49 49 .. 67 . 65 .- 58 .. 46 Cuba 75 81 48 49 50 61 51 54 25 34 46 48 Czech Republic .. 93 49 72 .- 52 -. 55 .. 41 Denmark .. 58 49 49 .. 49 51 52 . . 41 46 Dominican Republic 71 40 50 50 .. 57 .. 45 75 57 Ecuador 65 68 49 49 38 44 48 47 37 .. 60 5S Egypt, Arab Rep. 47 53 40 45 35 41 36 44 21 21 38 45 El Salvador 6.5 49 49 24 - 43 48 32 -. 48 53 Eritrea 35 44 .. 13 .. 42 . 3 .. 11 Estoni'a 89 49 48 83 53 .. 64 .. 47 Ethiopia 22 27 35 38 10 10 36 46 .. . . 18 Finland ..49 49 53 53 42 42 47 54 France 68 78 48 48 58 49 51 42 .. 68 45 Gabon 27 44 49 50 28 19 42 .. 17 .. 28 Gambia, The 34 34 35 41 27 30 .. 20 .. 19 Georgia 94 . . . . . Germany ~85 .. 49 48 .. 50 - 35 44 Ghana 42 - 44 46 21 38 .. 21 . 252- Greece 48 55 48 48 55 56 50 50 24 44 20 34 Guatemala 62 .. 45 46 .. 43 .. . . 39 Guinea 14 25 33 33 10 12 28 24 4 .. 34 25 Guinea-Bi'ssau 24 .. 32 .. 20 .. 22 .. 3 22 14 Haiti 49 46 .. 11 47 .. Honduras 74 73 50 50 5..49 84 1998 World Development Indicators 2.12 Primary education Secondary general Secondary vocational Teachers Pupils Teachers Pupils Teachers Pupils % female % female % female % female % female % female 1980 1995, 1980 1.994 1.980 l995, 1.980 1.994 1980 1994 1980 1994 Hungary 80. ..~ . .. 84 ... ... 49 .... 49 61 .... .. 67..... 65 .... 63 39.. .... 45 Ireland 74.. ...... .......- - ..... 78. 49........... 49..... .. . . . . . . 51 .. . 50 . .. .. ... ... . ....... ... 72.. 49......... .. Israel 83 49 49 . . .. .. ... . . . ..... 56 . ...53 . .... .. ...... ...... 46 . .... 45 Italy 87 93 49 49 64 71l' 48.. .50..... 45 45 . .. 41 43 Jamaica 87 89 50 49 67 52 . 56 56 65 Japan 57 60 49 49 34 50 50 . 28 .. 47.. ... 45 .... ...z ... . . .. .... ..t...a...... 97... ..I... ... .4 9972 .. .......74 . . . . ... ..52... Korea, Dem. Rep. . .. ..~: :: : Kyrgyz Republic 88 83 49 50 58 71 49 51 . 38 50 50 Latvia 97 49 48 . 81 . 52 . . 45 Lebanon 48 48 .515 3 8 35 40 4 Liya4747 49 2439 53 2 25 Macedonia, FYR 53 .. 48 . 52 . 60 .. 44 Madagascar . 56 49 49 . 50. 11 34 Malawi 32 38 41 .. .. 47 . ...I ..29. .39 . ... .. ...!. .. : . 4 Malaysia 44 59 49 49 46 54 48 51 22 34 29 27 Mauritania 9 20 35 45 8 10 21 36 .. 4 7 23 M exico .... .... . .... . .... ...... 49..... 48..... ...... ...43..48 .. .. ... .. .66 59. ... M oldov ....a ........ 96... ....... ... 97 .. ... .. ..I .49 ...... .. 49.. . ..... 5 51... . ...... .. .. .. .. 43.. M on olia...................91 ... 49 51.. ..... ... 67 .. 52. 58 44 56 63 ..... ..48 Morocco 30 38 37 42 . 32 3 42 26 23 40 Mozambique 22 23 43 42 27 19 29 40 15 24 17 25 Namibia 65 50 . 46 ... 55 20 39 Nepal.10 16 28 39 . Nicaragua 78 84 51 50 . 56 52 53 5 9 Norway1. ............ .. . .. 6. 49.. . 49 .. ... .. ...51 .. .. 51 47 . 41 Oman 34 50 34 48 27 48 25 48 6 . 7 17 Pakistan 32 33 31 30 . 26 . 20 20 17 33 Panama 80 48 .. 55 . 5 47 47 54 Papua New Guinea 27 37 41 45 34 35 32 41 31 3-1 . 31 Para u5 48 48 .. 65 49 51 43 . Peru 60 58 48 . 46 39 46 . . . 40 Philippines 80 . 49 50 . . 53... Poland. 49 48 71 6 44 41 Portugal 48 . 59 48... . P u erto.. Rico..... .... ..................... Romania 70 84 49 49 53 65 65 53 41 54 45 42 Russian Federation 98 98 49 49 76 79 51 52 . . . 1998 World Development Indicators 85 O ~2.12 . Primary education Secondary general Secondary vocational Teachers Puipils Teaciners Pup is Teachers Pupils % female % female % female % female %/ female % female 1980 1995a 1980 1994 I ±980 1995- ±1980 1994 1980 1994 1980 ±.994 Rwanda 38 48 50 ..28 .. . . 55 Saudi Arabia 39 51 39 47 33 49 37 44 ,. 15 .. 12 Senegal 24 26 40 43 15 15 34 35 ... 25 35 Sierra Leone 22 42 21 30 . . Singapore 66 48 56 51 .. 24 .. 23 Slovak Republic 91 49 75 51 6. 3 .. 48 Slovenia .. 92 49 76 .. 52 ,. 58 44 South Africa ,. 58 .. 49 .. 64 .. 53 . Spain 67 71 49 48 43 51 51 31 46 52 Sri Lanka 83 48 48 62 51 51 Sudan 31 60 40 44 26 .. 37 ..21 Sweden .. 72 49 49 64 51 51 52 50 Switzerland .. 69 49 49 49 50 ... 39 41 Syrian Arab Republic 54 65 43 47 22 44 37 44 15 34 Tajikiatan -. 51 -. 49 - 34 .. 47 . Tanzania 37 43 47 49 28 25 33 43 . Thailand 49 48 49 57 46 50 Togo 21 14 38 40 13 11 24 26 Trinidad and Tobago 66 74 50 49 52 56 50 51 Tunisia 29 49 42 47 36 39 47 Turkey 41 44 45 47 36 40 35 39 34 39 Turkmenistan .... . -- Uganda 30 32 43 44 20 .. 29 38 Ukraine 97 98 49 49 51 United Arab Emirates 54 69 48 48 48 55 45 51 United Kingdom 78 82 49 49 49 57 49 49 57 52 Urited States .. 86 49 49 .. 56 49 49 Uruguay . .. 49 49 .. . 58 55 Uzbekistan 78 82 49 49 48 49 46 48 Venezuela 83 75 50 50 .. . . 58 Vietnam 65 .. 47 . 58 .. 47 West Bank and Gaza .. 48 .. . . 41 Yemen, Rep. 11 . . 28 Yugoslavia, FR (Serb./Mont.l . 75 . 49 .. 51 Zambi'a 40 43 47 48 . .. 35 38 3 Zimbabwe 38 41 48 48 .. 32 42 44 . Low income 32 39 42 44 26 33 41 30 31 Ec.Cia& In"d ia 3'1 . 42 Middle income 47 48 Lo-w-e-r ..m i'd dle ie)n c"o' m ..e . 65 . 68.4 4 Uprmid ii ncome .49 Low & middle income 42 47 45 31 32 E'ast As-ia'. & .aci. c41 . 46.45 7 28 .3 4 4 Etu"ro"p"e & ...C"ent'r"alA As i a 84 85 48 48 .. 6. Latin America' 'a arib~. .. ...................49 .... Middle East & N. Africa ~44 51" 42 5 3 42 30 Hgh income .. .~~~~~~~~~~~....... ... .......... ... a. Dat are from UJNESCO's forthcominlg World Education Report 1998. They are sot yet available in timne Series. 86 1599 World Developmenrt rinclcators 2.12 EM l= Although data on female enrollment suffer from the _ * Female teachers as a percentage of total teachers same problems affecting data on general enrollment includes full-time and part-time teachers. * Female discussed in the notes to table 2.10, female enroll- Gender disparities in education do not pupils as a percentage of total pupils includes enroll- ment as a share of total enrollment is a relatively sim- respond to changes in GNP per capita ments in public and private schools but may exclude ple indicator that does not raise serious problems of % specialized schools and training programs. cross-country comparability. Most countries could achieve gender parity in primary and secondary Data sources schools, especially if education resources kept pace with the population of children. Yet disparities : The estimates in this table remain, and female enrollment rates tend to be pos- I I - were compiled using the itively correlated with other indicators of development j United Nations Educational, (UNRISD 1977). l j Scientific, and Cultural Girls' enrollments have caught up with boys' in . Organization's electronic most high-income countries, as well as in Latin database on institutions. America and the Caribbean. But they lag behind in ; . - - . teachers, and pupils. Sub-Saharan Africa, South Asia, and the Middle East. --. ::.i: -l In low- and lower-middle-income countries dropout r :"..e,' 1 rates at the primary level are higher for girls than for .. 1 . .,. .i boys, indicating that the gender gap in these coun- Souice: 'itEi,: .v.-r.j iyir.l tries is wider than is reflected by enrollment rates. Although the disptlin between the enrollmeni of One reason for this is early child-bearing in many of hoes and g.r s has nariowed. tne percentage ol these countries, which is clearly incompatible with emolld girs continues to lag bellna that of boVs schooling. in tratlv Daret oi the deseloping world. The oo- 6racles to female educarion ,tem from mans fac The economic incentives for educating girls lie in tars. naxional education policlea that atlect bas and girls aifetently: uneven distnbutirt oa primary the opportunities women have to work. Teaching has schooli. esoecially n raial areas: 'act ol schools always been one of the first professions open to for gtirs in sstens segregated bh see: nerceived women, making the number of female teachers a itielecance o primarV school currlcu'a to women's emplosmemn possibilitles: and demand For tne revealing indicator of employment opportunities. In household labor of girls. addition, female teachers are important role models Gender dis5parities In educational enrollmrenl are noat correlated With an o%etall stanoara of 1..ng for girls, particularly in societies where female edu- such as GrhP per capita. so gender alsparit) Is not somethir.g that economies -grow our or MFmer. cation is not encouraged or male teaching of females Zing. and Pr.tchett l998f. TPuz ans itrategv to is forbidden. Over the past decade the proportion of 'molrose remale enrollment shouid aim at esrab female primary school teachers has increased every- ishing supportive nat'onal policies. preosding ac cesS to schools Mith adecLtate Intiastr,rcture. and where. But data on teachers may not reflect the func- reducing the direct a-id opporannty cost of girls' tions they perform. Schools may employ teachers in atltedance. many capacities outside the classroom, and the responsibilities assigned to male and female teach- ers may differ systematically. 1998 World Development Indicators 87 2.13 Health expenditure, services, and use Health expenditure Health Physicians Hospital beds Inpatient Average Outpatient expenditure admission length visits per capita rate of stay per capita Pubolic Private Total ppp per 1,000 per 100 % of % of GDP % of GDP % of GDP $ $ people poop e oulo dubs 199O-95~ 199O95, 1990-95a,b 1990-95 1,990-95 I1980 1994 190 994 1990-97 1909 19-7 Albania 2.7 .... .. 0.9 1.3 .. 3.0 .. 11 2 Algeria 3.3 1.3 4.6 247 109 .. 0.8 .. 2.1 Angola 4.0 .. . .. . 0.0 .. 1.3 Argentina 4.3 6.3 10.6. 932 877 .. 2.7 .. 4.6 Armenia 3.1 4.7 7 .8 140 10 3.5 3.1 8.4 7.8 8 15 3 Australia 6.0 3.0 8.9 1,728 1,578 1.8 2.2 .. 8.9 14 14 11 Austria 5.9 1.9 7.9 1,720 1,926 2.3 2.6 11.2 9.4 25 11 6 Azerbaijan 14.4 6.1 7.5 96 3 3.4 3.8 9.7 10.0 6 18 1 Bangladesh 1.2 1.3 2.4 35 5. 0 .1 0.2 0.2 0.3 Belarus 5.3 1.1 6.:4 280 245 3.4 4.1 12.5 12.4 28 18 11 Belgium 7.0 1.0 8.0 -1,784 2.082 2.5 3.7 9.4 7.6 20 12 8 Benin 1 .7 . . .. 0.1 0.1 1.5 0.2 Bolivia 2.7 2.4 5.0 138 38 0.5 0.4 .. 1.4 Bosnia and Herzegovina .. 0.6 . 2.0 .. 15 Botswana 1.9 1.4 3.1. 171 109 0.1 0.2 2.4 1.6 Brazil 2.7 4.7 7.4 428 261 0.8 1.4 .. 3.0 or . 2 Bulgaria 4.0 1.4 6.9 296 197 2.5 3.3 11.1 10.2 18 14 6 Burkina Faso 2.3 3.2 5.5 43 22 0.0 . .. 0.3 Burundi 0.9 .. . .. . 0.1 .. 0.7 Cambodia 0.7 6.5 7.2 .. 18 0.1 0.1 .. 2.1 Cameroon 1 .0 0.4 1.4 33 7 .. 0.1 .. 2.6 Canada 6.8 2.7 9 .6 2,238 1,835 1.8 2.2 .. 5.4 13 12 7 Central African Republic 1.9 .... .. 0.0 0.0 1.6 0.9 Chad 3.4 0.1 3.5 26 6 .. . . 0.7 Chile 2.5 4.0 6.5 652 241 .. 1.1 3.4 3.2 China 2.1 1.8 3.8 100 23 0.9 1.6 2.0 2.4 4 15 Hong Kong, China 1 .9 2.5 4 .3 1,036 944 0.8 1.3 4.0 .. 2 I. Colombia 3.0 4.4 7.4 487 138 .. 0.9 1.6 1.4 Congo, Dem. Rep. 0.2 .. . .. . 0.1 .. 1.4 Congo, Rep. 1.8 3.2 6.3 170 102 0.1 0.3 .. 3.3 Costa. Rica 63.3 2.2 8.5 .536 214 .. 0.9 3.3 2.5 C6te dIlvoire 1 .4 2.0 3.4 71 22 .. 0.1 .. 0.8 Croatia 8.5 1.6 10.1 .. 302 .. 2.0 . 5.9 14 Cuba 7 .9 .... .. 1.4 3.6 .. 5.4 Czech Republic 7.7 1.9 9.6 970 383 .. 2.9 .. 7.4 . 19 13 16 Denmark 5.3 1.1 6.4 1,508 1,849 2.4 2.9 .. 5.0 25 8 5 Dominican Republic 2 .0 3.3 5 .3 220 71 .. 1.1 .. 2.0 Ecuador 20.0 3.3 573 253 78 .. 1.5 1.9 1.6 Egypt, Arab Rep. 1.6d 21ld 3.7d 1.1 1.8 2.0 2.1 3 8 4 El Salvador 1.2 3.8 5.0 132 74 0.3 0.7 .. 1.5 Eritree 1 .1 0.9 2.0... .. . .. . Estonia 6.3 .... .. 4.2 3.1 12.4 8.4 18 12 6 Ethiopia 1.7 ..0.0 0.0 0.3 0.2 Finland 5.7 19.9 7.7 1,521 1,526 1.9 2.7 15.5 10.1 23 12 4 France 8.0 1.9 9.9 2,156 2,576 2.2 2.8 .. 9.0 21 11 6 Gabon 0.6 .... .. 0.5 0.5 .. 3.2 . .Gambia, Th-e 1.9 .. . .. . . . 0.6 . Georgia 0.8 ..4.8 4.2 10.7 8.2 5 13 2 Germany 8.2 2.3 10.4 2,123 2,578 2.2 3.3 .. 9.7 21 14 13 Ghana 1.3 0.1 1.4 30 4 .. . . 1.5 . Greece 5.5 1.8 7.3 706 488 2.4 4.0 6.2 5.0 14 8 Guatemala 0.9 1.7 2.7 92 33 .. 0.3 .. 1.1 ... Guinea 1.2 .... .. 0.0 0.2 .. 0.6 ... Guinea-Bissau 1.1 .... .. 0.1 .. 1.8 1.5 ... Haiti 1.3 2.3 3.6 36 8 0.1 0.1 0.7 0.8 Honduras 2.8 2.8 5.6 121 34 0.3 0.4 1.3 1.0 58 1998 World Development Indicators 2.13 Health expenditure Health Physicians Hospital beds Inpatient Average Outpatient expenditure admission length visits per capita rate of stay per capita Public Private Total ppp per 1,000 per 1,000 % of % of GDP % of GDP % of GDP $ $ people people population days 1990-95a 199O-95, j.990-95a,b 1990-95 1990-95 1.980 1994 1980 1994 1990-97 1990-97 1990-97 Hungary .. -6.8 0.. O5 7.3 496 295. 2..5 3.6 9.1 9.6 24 10 .. 14 India D.7 4.4 5.6 68 24.. 0.4. 0.4 0.8 0.8 Indonesia 0.7 1.1 1-.8 76. 17 0.1 0.2 . 0.7. 6 Iran, Islamic Rep. 2.8 2.0 4.8 239 1,343 3.. 0.3 0.3 1.5 14.4.. .-..: ...I... Iraq .. .. ~~~~~~~~~ ~~~ ~~~ ~~~ ~ ~~~~~~~~~.. . ... .. ..... .. 06. 0...19 ....7 Ireland 5.4 13.3 67 1,451 1,151 1.3.20 9. 7 5.0 157 ... Israel .... .2.1 .. 2.1 .. 4.1 560 825.. ... 2.5 5.1 6.0 ...... Italy ~~~5.4 2.4 7.7 1,605 1,404 .1.3 ... 1.7 . 65.5 16 1 1.... Jamaica 3.0 2.3 5.4. 212. 91 0. O4 0.5 .. 2.1 Japan .. 5.7 16.6 7.2 1,587 2.580 1.4. 1.8 11.3 16.2 9 46 16 Jordan. 3.7 4.2 7.9 347 118 0.8 1.6 1.3 .1.6 113 3 Kazakhstan 2.2 .... 3.2 38 13.1 12.2 6 1 Kenya.1.9 1.0 2.5 34 13 0.1 0.0 . 1.7 Korea, Dem. Rp.. . . 25.5 . . Korea,Rep...........-1~8 ... .36_ ... 5.4 . 518 ..420 0.6. 1.2 1.7 4:1 ..6 19 2 Kuwait 3.6 ... . .7 0. 4.1.......... K~yrgyz Republic 3.7 ......... . ... 2.9 3..1 12.0 ..99 16 15 1 Lao PDR 1.3 .. 1.3 .2.6 8 .. 0.2 . 2-6. Latvia ..4... 4 4 4.1 . 37 91 144 Lebanon 2.1 3.3 .. ...5.3 -I1.7 1.9 .. 3.1. .. . ... Lesotho 3.5... 00 Libya 1.3 11 48 4. Lithuania 5.1 .. 3~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~. ...9 ... 4.0 12.1 11.1 20 147 Macedonia, FYR 7.3 0.9 8.3 .. 2.3 ... 5.5 9.. 15.. 3 Madagascar 1.1 ..01 1 0. 0.1 Malawi .. ... . 2.3 ... ... . .. .. . 0.0 0... 0 . ... 1.6 .. Malaysia 1.4 1O.0 2.5 220 85 0.3 0.4 2.3 ...2.0 mali 2.0 -1.3 2.9 1.5 1-1 0.0 0...1.. ... Mauritania1. 41 5.2 75 35.. 0.1 . 0.7 Mauritius 2.2 17.7 3.4 408 109. 0.5 0.8 3.1 3.1 .. 04 Mexico 2.8 3.0 5.3 365 223 0.9 1.3 . 1.2 6 42 Moldova 4.9 . . . 3.1 36 2. 12.2 19 18 8 Mongolia .... .... 4.8 0... 7 6.7 174.. 158. 9.9 2.7 11.2 .11.5. ... 23 ..5 Morocco 1.6. 1.6 3.4 126 36 0.1. 0.4~ 1.2 1.1 Mozambique 4.6 ...... 0.0 . 11 0.9 Myanmar 0.4 . 0.2 0.1 0. 6 Namibia 3.7 3.7 7.6 303 153 . 0.2 .. . Nepal .. 1.2 .3.8 5:0.0 .... 60 .9 0.0 0.1 0.2 0.2 Netherlands 6.7 2.0. 8.8 -1,813 2.198 2.1 2.5 12..I5 11.3 6 33 . 6 New Zealand 5.7 1.8 7.4 1,260 1,018 1..6. 2.1 ... 7.3 14 7. Nicaragua .4.3 3.5 7.8 . 34 0.4 0.7 I.8 Niger 1.6 .. ... .............00.. Nigeria 0.3 1.0 1.4 18 5 0~1 0,2 0.9 1.7 Norway 6.6 1.4 . 2,980 2,274 1.9 3.3 15.0 13.5 15 10 4 Oman 2.5 .7. .. .. 0. ..9 1.63 . 2.1 1 54 Pakistan 0.8 2.7 3.5 70 17 03 0.5 06 0.7 ... 3 ... . Panama 5.4 2.0 7.5 485 201 1.0 1.8 . 2.5 Papua New Guinea 2.8 ... . 0.1 0.1 5.5. 4 .0 . ... .. Paraguay 1.0 3.3 4.3 161. 72 0-.6 0.3. ..0.6 Peru 2.6 2.3 4.9 199 106 0.7 1.0 . 1.4 O02 Philippines 1.3 1.0 2.4. 60 22 0.1I 0.1 1.7~ -1.1 Poland 4.8 1.1 6.0 283 226 1.8 2.3. 5.6 6.3 14. 11. 6 Portugal 4.5 3.6 8 1.058, 797 2.0 2.9. . 4.3 11 10 . 3 Puerto Rico 6.0...... .. . ... Romania 3.6 . . . 1.5 1.8 8.8 7.7. 18. 10 5. Ruasian Federation 4.1 0.6 4 .8 225 96 4.0. 3.8 13. 1.8 20 -17 8 1998 World Development Indicators 89 C ~2.131 Health expenditure Health Physicians Hospital beds InpatientJ Average Outpatient eXpenditure admission [length visits per capita rate of stay per capita Pub[ic Private Tot al PPP Per 1,000 per 1 000 1f % of GDP % of GDP % of GDP $ $ peop le peop a pop lat on days 1990-95- 199O-95, 1990-95e.b ±990-95 1990-99 1980 1994 1980 1994 1990-907 1990-97 1990-97 Rwanda 19. ... .. 0.0 0.0 1. F 1.7 Saudi Arabia 3.1 ... 202 169 0.5 1.3 1.5 2.5 Senegal 2.5 ... . 0.1. 0.1 .. 0.7 Sierra Leone 1.6 2.0 3.6 22 18 0.1 .. 1.2 Singapore 1.3 2.3 3.65 845 987 0.9 1.4 4.2 3.6 12 Slovak Republic 6.0 ... 2.8 . 7 1 20 11 12 Sloveni'a 7.4 .. . .. . 2.2 7.0 5.8 16 11 South Africa 3.6 4.3 7.9 396 257 . . . Spain 6.0 1.7 7.6 1,166 1,043 2.8 4.1 .. 4.0 10 11 Sri Lanka 1.4 0.4 1.9 61 12 0.1 0.1 2.9 2.7 Sudan .. 2.7 0.3 .. 29 0.1 .. 0.9 -1.1I Sweden 6.0 1.3 7.3 1,523 1,724 2.2 3.0 14.8 6.5 12 8 3 Switzerland 7.2 2.6 10.0 2.395 3.533 .. 3.1 .. 20.8 15 .. 11 Syrian Arab Repuolic .. . .. . 0.4 0.8 11 11 Tajikiatan 6.4 ... . 2.4 2.1 10.0 66 16 15 Tanzania 3.0 D. .. . . 1.4 0.9 Thailano 1.4 3.9 5.3 336 111 0.1 0.2 1.5 1. 7 Togo 1.7 2.2 3.4 40 20 0.1 0.1 .. 1.5 Trinidad and Tooago 2.6 1.3 3.9 381 151 0.7 0.7 .. 3.2 Tunisia 3.0 2.9 5.9 .. 104 0.3 0.6 2.1 1.8 8 Turkey 2.7 1.5 4.2 239 100 0.6 1.1 2.2 2.5 6 6 Turkmenista,i 2.8 .... .. 2.9 3.2 10.6 11.5 17 15 Uganda 1.6 2.2 3.9 61 10 0.0 .. 1.5 0.9 Ukraine 5.0 -. . .. 3.7 4.4 12.5 1 2.2 23 17 10 United Arab Emirates 2.0 0.5 2.5 376 379 1.1 0.8 2.8 3.1 11 5- United Kingdom 5.8 1.1 6.9 1.373 1.208 1.6 1.5 9.3 4.9 23 IC 6 United States 6.6 7.7 14.2 3.801 3.667 1.8 2.5 5 9 4.2 12 8 6 Uruguay 2.0 6.5 8.5 642 439 2.0 3.2 .. 4.5 Uzbekistan 3.5 .... .. 2.9 3.3 11.5 8.7 19 14 Venezuela 2.3 4.8 7.1 602 202 0.8 1.6 0.3 2.6 Vietnam 1.1 4.1 5.2 ... 0.2 0.4 3.5 3.8 7 8 3 Weat Bank and Gaza.. . .. . . . Yemen, Rep. 1.2 1.5 2.6 .. 39 0.1 0.1 .. 0.8 Yugoslavia, FR (Sr./Mn.) .. . . 3.4 2.0 13.8 5.4 8 12 2 Zambia 2.4 0.7 3.3 31 362 0.1 0.1 3.5 Zimbabwe 2.0 4.2 6.5 122 86 0.2 0.1 3.1 0.5 Low income 1.5 2.7 4.2 78 22 0.6 1.0 1.5 1.6 Excl. 'Ch"i'na ..&" I"n'dia 1... ...........1 2I.. .......0... 3.1.....I........... Middle income 4.3 ~~~~ ~~ ~~2. 5. 247. .4..6 . 4.- Loer midence ........ .... ~.. 6 1.6 1.8 . . Low &diddlen incoe.24.2..4. 13 .6o 1. . .. .7 Middl East.. & ...m '"Iein'c .. Amric 2.4 2.2 45.5...... 2139........83 0.9. .... 1 27.. 12.87 South Asia 1.2 ~~~~ ~~~~ ~~3.8 6: 5.0 648 .0. 0.4 0.7 0- Sub-aha"r'an A'fri"ca ..... 1.6 1.6 2.9 87 655. . . 1.2 High income 6.9 ~~~~ ~~~~ ~~~~ ~~~~~~3. 9. 2,2 2,404 1. 2. . 74 a. Data are for most recent year savalable. b. Data may not sum to totals becaLse of roundinnt. c. Less thar 0.5. d. Oata are for 1997. 90 1a98 World Developmsent lnd caters L 2.13 Most industrial countries have national health account- - E- * Public health expenditure consists of recurrent and ing systems that track and compare public and private capital spending from government (central and local) health care expenditures. Data on private and public Low-income countries devote relatively budgets, external borrowings and grants (including health expenditures are required for the public sector to less public spending to health ... donations from international agencies and nongovern- rationalize its spending and to devise policies that are Log public health <- * 1; ,,,: mental organizations), and social (or compulsory) both efficient and equitable. Few developing countries, ? health insurance funds. * Private health expenditure however, have national health accounts. As a result , includes direct household (out-of-pocket) spending, pri- cross-country comparisons of health financing data are vate insurance, charitable donations, and direct ser- difficult, especially because records of private out-of- vice payments by private corporations. * Total health pocket expenditures are often lacking. Compiling esti- - * expenditure is the sum of public and private health mates of public health expenditures is also complicated * * _ expenditures. It covers the provision of health services in countries where state, provincial, and local govern- * * (preventive and curative), family planning activities, ments are involved in health care financing because e* * nutrition activities, and emergency aid designated for such data are not regularly reported and are often of health but does not include provision of water and san- poor quality. Furthermore, in some countries health ser- ;; - itation. * Physicians are defined as graduates of any vices are considered social services, and so are ... than do high-income countries faculty or school of medicine who are working in the excluded from health sector expenditures. The data on country in any medical field (practice, teaching, health expenditures shown here were collected by the m ri. vi . r U l .' j research). * Hospital beds include inpatient beds World Bank as part of its health, nutrition, and popula- available in public, private, general, and specialized tion strategy. No estimates were made for countries with *7 hospitals and rehabilitation centers. In most cases incomplete data. - beds for both acute and chronic care are included. Health services indicators (physicians and hospital * Inpatient admission rate is the percentage of the beds per 1,000 people) and health utilization indicators population admitted to hospitals during a year. (inpatient admission rates, average length of stay, and v * Average length of stay is the average duration of outpatient visits) come from a variety of sources (see i inpatient hospital admissions. * Outpatient visits per below). Data are lacking for many countries, and for oth- capita is the number of visits to health care facilities ers comparability is limited by differences in definitions. . per capita, including repeat visits. For example, some countries incorrectly include retired Log per capita GDP physicians or those working outside the health sector in Note: fr:. ,3i;i c.l: .,, -; u.s capita GDP Data sources estimates of health personnel. Moreover, it is important t;, v. - C. J -i . . r... .-:l. lr. r :- 3rity. Source: to recognize that these indicators show the availability Health expenditure estimates and use of health services but do not reflect their qual- Tne Income elansicilt ol heath spending. come from country sources, ity-that is, how well trained physicians are or how well derined as The percentage change in he3nth supplemented by information spending reauiting nron a percentage change in equipped hospitals are. income can Proaide a iusenl measie of now from international agencies Average length of stay in hospitals is one indicator of dlfferences in income translate Imn differences and World Bank country and in ne3lTs e%pendrtiures. Glc.bail~. e.ErV 1 percent the efficiency of resource use. Longer stays may reflect ircrease in per capita income causes total sector studies; including the a waste of resources if patients are kept in hospitals healin expenditures to Increase b, 1.24 Human Development Net- iercent. Income elastlcllies are 1.08 for ow. beyondthetimemedicallyrequired,inflatingdemandfor income countrles. 110 for middle incc.me work's Sector Strategy: hospital beds and increasing hospital costs. Aside from cotnries. anor 1.96 for nighincome countries. Health, Nutrition, and Population. Data were also Tnits countries oirn higher incomes tend lo differences in cases and financing methods, cross- spend a iarger share ot their Income on health. drawn from World Bank public expenditure reviews, country variations in average length of stay may result Public reaith espencditlres irnciease b. 1.33 the International Monetary Fund's government percent for esero 1 percent Increase in pe- from differences in the role of hospitals. Many develop- capita incorne. Private health erpendilures are finance data files, and other studies. Data for private ing countries do not have separate extended facilities, ess responsl6e to Income changes tinccme expenditure are largely from household surveys and elastlclza of 0.991. so hospitals become the source of long-term as well as World Bank poverty assessments and sector studies. acute care. Data for some countries may not include all The Organisation for Economic Co-operation and public and private hospitals. Admission rates may be Development (OECD) provided data on public and pri- overstated in some countries if outpatient surgeries are vate health expenditures and health services and use counted as hospital admissions. And in many countries data for member countries. Data for physicians and outpatient visits, especially emergency visits, may result beds are from the World Health Organization (WHO), in double counting if a patient receives treatment in supplemented by country data. more than one department. S998 World Development Indicators 91 2.14 Access to health services Health care Safe water Sanitation Child immunization % of % of % of Meas es DPT popul ation population population % of children % of ch odren with access with access with access under 12 monorhs under 12 months 1990 1993 I1990 1995 1990 1995 1980 1999 1980 1995 Albania 100 92 90 91 94 97 Algeria 77 17 69 33 75 Angola 70 24 32 .. 16 26 32 6 21 Argentina ..64 89 58 76 41 82 Armenia ....... .95 ..83 Australia 99 100 99 95 99 90 68 ... 86 Austria .. 100 100 .. 85 100 25 60 90 90 Azerbaijan . .....91 ..90 Bangladesh .. 74 .. 79 .35 0 96 0 91 Belarus .. 100 ...50 100 ..96 .. 89 Belgium .. 100 ...99 100 50 70 95 97 Benin .. 42 .. 50 . 20 . 81 8. 7 Bolivia .. . . 60 .. 44 13 83 11 88 Bosnia a nd Herze govina 57 .. 67 Botawana ~~~ ~~~~~~~86 . 70 .. 55 63 68 64 76 Brazil .. 72 .. 41 56 78 40 83 Bulgaria .. 100 96 99 98 93 97 100 Burkina Faso . .. 35 78 5 18 23 55 2 47 Burundi .. 80 ......30 44 38 57 Cambodia .. . . 13 ... 75 .. 79 Cameroon 20. -1.5 . 41 . 4 0 1 6 5 1 5 48 Canada .. 99 9 7 100 60 85 .. 98 80 93 Central African Republic .. 13 16 18 ...12 70 13 40 Chad 26 .. 24 .. 21 .24 1 18 Chile 95 ... . 83 87 93 94 96 China .. 90 .. 21 78 89 58 92 Hong Kong. China ......74 72 73 83 Colombia 88 87 76 .. 6 4 7715 9 Cog,Dem. Rep. . . . 18 41 18 35 Congo, Rep. .. 47 ..9 49 39 42 50 Costa Rica .. 97 ......60 94 86 85 C6te dilvoire .. 60 20 72 1 7 54 .. 57 .. 40 Croat'ia .. . . 9 . 68 .90 ..87 Cuba .. 100 61 93 31 66 48 100 67 100 Czech Repunlic 96 .. 96 Denmark .. 100 100 100 100 100 .. 88 85 89 Dominican Republic .. . . 71 .. 78 29 100 35 83 .Ecuad.or .. 80 .. 70 .. 64 24 100 10 74 Egypt, Arab Rep. 100 99 90 64 70 11 78 82 84 91 El Salvador .. . . 55 .. 68 45 94 43 100 Eritrea .. . .. .. .29 -. 35 .Estonia . ........74 81 84 84 Ethiopia .. 55 4 27 .. 10 4 38 3 47 Finland .. 100 .. 100 100 100 70 98 92 100 France .. . . 100 85 96 0 78 79 89 Gabon .. 87 .. 67 .. 76 .. 50 14 48 Gambia, The . ..42 76 .. 37 71 68 80 78 Georgia .. . .. .. .63 Germany .. . .. . 100 35 75 .. 6 Ghana .. 25 .. 56 .. 27 16 54 7 51 Greece .. . .. . 96 ..70 72 78 Guatemnala .. 60 .. 60 .. 66 23 84 43 80 Guinea .. 45 .. 62 12 70 -. 69 ..73 Guinea-Bissau 30 ..24 23 .. 20 .. 68 9 74 Haiti .. 45 -. 28 .. 24 ..24 3 30 Honduras .. 62 .. 65 .. 62 35 90 31 96 92 1.998 World Development Indicators 2.141 Health care Safe water Sanitation Child immunization % of % of % of Measles DPT population population population % of children % of childiren with access with access with access under 12 months under 12 months 1980 1993 1980 1.995 1980 1995 1950 1995 1980 1995 ....... ..... .... . ... . ... . .... I.... ... .... 94 .. ..999 . ...100 .... 99... 9100.. 0 India .... .. .. ..... .. .. - ..5.. .. .. .. ...V.81.. . BJ. ... ..... ... 29 . ... 0 . ... 84 . 31 86 indonesia .. 43 62 .. 51 0. 89 092 Iraq......-.1 . .... . . .. 8 . 74 . 44 87 .. 35 .. 88 ... 13 ... 91 Ireland . ...... .. .... ...... ..... .. .... 100 ... 10. 34. 65 Israel 100.. 99 . 70 69 94 84 92 Italy.... .... . .. .. 99.. 99. 100 5 . 50 . ..... .50 Jamaica 70. 74 12 23 0 Japan 100 85 69 860 85 Kazakhstan . ... .72 . 80 Kenya . .... .... . 53.. . .. ... ..... .77 .. . .. ..... 35 40 Korea, Dem. Rep. . 100 100 100 29 98 50 96 Korea, Rep. 100 8 0 27 00 uwit 00 100 10 100 1004 932670 100 Kyrgy Rep blic....75... 53........89..... 83. ... L atvia . . . . . . . . . . . . . . . . . . . . . . . 8 5 .. . . . . . . . 7 . .. 6 5 Lebanon 92. .... ...... ........ . . ...5 ....65.4 94 Lesotho .. 80 18 52 12 6 49 82 56 58~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~.!I...I. ........4... Lithuania 94 9 Macedonia, FYR 85 87 Madagascar 6 9. 59 48 67 Malaysia 8 .. 88.. .. 88 75 91 .11 81 .58 90 Mali 20 ... 37 31 . 49 46 Mauriltania . . .45 53 18 50 Mauritius .........100 .. ...99 . .. ... ..98 ........ 100 34 .... 85 87 89 M oldo a ....I .......... .. ....50.98 ....86 M orocco P.I . ... .... .. ..2.2 I 5 ....... 50 . ...40 ... ..... 1 787 439 Mozambique ..... .... ... 30 ... 9 32 10 21. 32 71 56 57 M y nna r 30.... ..... .. .. 20 .... 38... ......I ... 20 41 . .... . : . . 66 4...84. Namib .... 34...5 61.... .... Nepal 10 ....I ....11 ..... 48. 0. 20 ..2 . 78 865 Netherlands 100 100 10 100 1091 9596 9 NewZeaand. 10 7 . 80 87 6997 Nicaragua. 61 . 31 15 81 15 85 Niger . 30 53 15 19 38 6 19 Nigeria 40 67 39355 0.. 44 Norway ...100. 110000 o oo80. 9 90 9 Oman 75 89 15... .. ...... .... .... ..... ..79.22..98 18... 100.... ....... .. Panama 82 83. 87 47 84 4 7 86 Papua New ..GuineaI....... . 96. .. .. ..... .... .. . . ...... 28 22......... 1 55....I ..... 32.... 50.... Par~apu.. 30 19 76 1 79 Peru 60........ . .... ... ..... ... .. . ... .... 44 .. .... .. 21 97 14 94 . . ........... . ....I..Philippines...9 86 47 86 Poland 100 100 67 . 50 100 92 96 96 95 ......a .. . . . . . . . . . . . . .. . . . . . . .. . .. . 5 7. .. . .1 0 0 .54 . .. . ..9 4 . . . . . . . 7 3 . . _ .9 3 Puerto Rico Romania ...... .. 77 50. 49 83 93.. 98 Russian Federation 91 . 72 1999 World Development Indicators 93 2.14 Health care Safe water Sanitation Child immunization % of Itof % o Measles DPT population population po p u[atioc)n %of chiltreni % e oh ldret with access with access with access under 12 months under 12 months 1980 1993 I 1980 1995 1980 1995 1980 1995 1980 1995 Rwanda ... .. .42 74 17 83 Saudi Arabia 85 98 91 93 76 86 8 94 41 96 Senegal. 40 .. 50 58 .. 80 . 80 Sierra Leone 26 ..34 .13 11 36 44 13 41 Singapore 100 100 100 97 47 88 84 95 Slovak Republic ..43 51 .. 99 ..99 Slovenia .... 90 .91 ..98 South Africa .. 70 . 4677774 81 Spain 98 99 95 100 8 90 . 688 Sri Lanka .90 90.. .. .. 88 46 91 Sudan 70 .. 50 .. 22 1 74 1 77 Sweden 10 , 85 100 56 96 99 99 Switzerland 100 .. 100 85 100 8.. . 9 Syrian Arab Republic 99 71 85 45 78 13 98 13 92 Tajikistan 62 ..90 ..95 Tanzania -72 93, 49 .. 86 45 75 59 79 Thailand 30 59 81 .. 70 .. 86 49 94 T 0ogo' . . .. . . : .. . . .. 2 . Trinidad and Tobago.99 .. 82 .. 56 .. 87 24 89 Tunisia 95 90 72 ..46 ..65 89 35 92 Turkey .. 100 67 92 .. 94 27 65 42 66 Turkmenistan .. . . 85 . 60 -. 90 ..87 Uganda .. 71 .. 34 .. 57 22 79 9 79 Ukraine .. 100 .. 97 50 49 .. 96 53 94 United Arab Emirates 96 90 100 98 75 95 34 90 11 90 United Kingdom .. 100 .. 96 52 92 44 92 United States .. 90 98 85 86 89 96 94 Uruguay . . 83 .. 82 50 80 53 87 Uzbekistan ... . 18 .71 ..65 Venezuela .. 79 .. 58 50 94 56 68 Vietnam 75 . 36 .. 21 1 95 4 94 West Bank and Gaza . .. .. .. Yemen, Rep. .16 . . 52 .. 51 2 49 1 53 .Yugos lavia. FR (Serb./Mont.) ..58 100 95 81 90 .92 Zamnbia .. 75 .. 43 .. 23 .. 78 83 76 Zimbabwe 85 . 74 5 58 56 77 39 80 Low income 76 28 40 80 39 81 E ..... C ia &.India 51 36 18 ... ....63 . .... . ..13 . 6 Middle i'n"com'e .................60 . 38 86 41 . 87 Upper middle income 7 45 D Lo"w ..&; . middlei income 76.3 9 82 . 40 .8 East Asia & Pacific 84 29 Europe& Central Asia 87 81 L~atiin A"merica & Carib. 35 48 38 South Awls ~~~~~~ ~ ~~~~~~ ~~~~~~~~~~~~~78 30 . . 82 25 83 .incom. 92 .53 82.79... 94 1998 World Development Itdicators 2.14 The indicators in the table are provided to the World these diseases account for about 10 percent of the * Percentage of population with access to health Health Organization (WHO) by member states as part disease burden among children under 5, compared care is the share of the population that can expect of their efforts to monitor and evaluate progress in with an expected 23 percent had vaccination cover- treatment for common diseases and injuries, includ- implementing national health-for-all strategies. age remained at the 1970s level. In many developing ing essential drugs on the national list, within one Because reliable, observation-based statistical data countries, however, data recording practices make hour's walk or travel. * Percentage of population for these indicators do not exist in many developing immunization difficult to measure (WHO 1996a). with access to safe water is the share of the popu- countries, in most cases the data are estimates. In lation with reasonable access to an adequate amount some cases these estimates may be skewed by a of safe water (including treated surface water and country's desire to show progress or to establish a untreated but uncontaminated water, such as from need for international assistance. springs, sanitary wells, and protected boreholes). In Access indicators measure the supply of services urban areas the source may be a public fountain or but reveal little about benefits or rate of use. For standpipe located not more than 200 meters away. In example, data on access to health care provide no rural areas the definition implies that members of the informatiDn on the quality of care or on how the con- household do not have to spend a disproportionate sumption of services differs among groups within part of the day fetching water. An adequate amount of countries, regions, or communities. Moreover, safe water is that needed to satisfy metabolic, unless these indicators are based on survey statis- hygienic, and domestic requirements-usually about tics, they may not fully reflect the situation. In many 20 liters a person a day. The definition of safe water developing countries services by nongovernmental has changed over time. * Percentage of population organizations and private charities play an increas- with access to sanitation is the share of the popula- ingly important role for the poor and for many rural tion with at least adequate excreta disposal facilities residents, widening the gap between official statis- that can effectively prevent human, animal, and insect tics and the actual production and consumption of contact with excreta. Suitable facilities range from many essential services. It is not known, however, simple but protected pit latrines to flush toilets with whether such services truly replace publicly provided sewerage. To be effective, all facilities must be cor- services, and if so, how they differ in quantity and rectly constructed and properly maintained. * Child quality from public services. In addition, health care immunization is the rate of vaccination coverage of facilities tend to be concentrated in urban areas. children under one year of age for four diseases- Separate data for rural areas (not shown here) indi- measles and DPT (diphtheria, pertussis or whooping cate much lower coverage and access. cough, and tetanus). A child is considered adequately People's health is also influenced by the environ- immunized against measles after receiving one dose ment in which they live. A lack of clean water and of vaccine, and against DPT after receiving two or basic sanitation is the main reason diseases trans- three doses of vaccine, depending on the immuniza- mitted by feces are so common in developing coun- tion scheme. tries. Drinking water contaminated by feces deposited near homes and an inadequate supply of Data sources water cause diseases that account for 10 percent of the total disease burden in developing countries --. - The table was produced (World Bank 1993c). To date, however, efforts to < using information provided to improve the provision of water, sanitation, and - . - i the WHO by countries as part drainage have been disappointing. At the end of the of their responsibility for 1980s-which had been declared the International monitoring progress toward Drinking Water Supply and Sanitation Decade by a "health for all" and reported coalition of international aid agencies-most people in the WHO's World Health in poor regions still lacked adequate sanitation. Report 1996 and 1997; the Governments in developing countries usually WHO's Expanded Programme of Immunization finance immunization against measles and DPT (diph- Information System; and WHO, the United Nations theria. pertussis or whooping cough, and tetanus) as Children's Fund (UNICEF), and the Water Supply and part of the basic public health package, but person- Sanitation Collaborative Council's Water Supply and nel with limited training are often used to provide the Sanitation Sector Monitoring Report 1996. vaccines. According to the World Bank's World Development Report 1993: Investing in Health, i99s World Development Indicators 95 2415 Reproductive health 'Total ferti'ity Adolescent Unwanted Contraceptive Birthstattended Maternal rate fertility fertility prevaleance by tained mortality rate rate rate healt'h staff ratio births births per 1,000 per 1,000 7- o f per births women wornen women 100.000 per womean age 15-19 age 15-49 age '5-49 I,of teMPl ri-e l,th 1980 1996 1995 1990-97 1990-96 1985 1992 1990-96 Albania 3.6 2.6 26 .. 99 ..28a Algeria ~6.7 3.4 17 51 ..1400 Angola 6.9 6.8 218 .. i 16 1,500b Argentina 3.3 2.7 62 ..oo . 100 Armenia 231.6 50 ... .21' Australia 1.9 1.8 31 99 90 Austri'a 1.6 1.4 23 j00 Azerbaijan 3.2 2.1 33 440 Bangladesh 6.1 3.4 116 1.3 45 ..7 8500b Belarus 2.0 1.3 39 ...100 ..220 Belgiumn 1.7 1.8 11 IN. 10. 100 Benin 7.0 5.9 127 ..17 34 34 5000 Bolivia 5.5 4.4 82 1.9 45 36 29 3790 Bosnia an'd H'erzoegovina 2.1 ..28 Botswana 6.7 4.3 106 ..52 .. 2500 Brazil 3.9 2.4 37 77 73 .. 160, Bulgaria 2.1 1.2 60 100 ..200 Burkina Faso 7.5 6.7 149 0.9 8 33 930b Burundi 6.8 6.4 66 .. . 26 1.3000o C~ambodia 4.7 4.6 -108 ..... . b0 Cameroon 6.5 5.5 136 0.6 16 .. 25 55Q0 Canada 1.7 1.7 25 99 100 60 Central African Republic 5.8 5.0 145 14 . . 7001 Chad 5.9 5.6 183 .. 21 9000 Chile 2.8 2.3 48 95 . 1800 China 2.5 1.9 17 85 .. 51 1150 Hong Kong, China 2.0 1.2 13 . 70 Colombia 3.8 2.7 80 0.8 72 51 .. 100 Congo, Demn. Rep. 6.6 6.3 221 Congo, Rep. 6.2 6.0 140 .... 890 b Costa Rica 3.7 2.7 67 ... .550 M6e dIlvoir(e 7.4 5.1 136 1.0 11 6000 Croatia ..1.6 28 ...121 Cuba 2.0 1.6 68 99 100 360 Czech Republic 2.1 1.2 34 69 70 Denmark 1.5 1.8 18 .... gb Dominican Republic 4.2 3.1 53 ..64 96 44 1100 Ecuador 5.0 3.1 68 .57 27 .. 1500 Egypt, Arab Rep. 5.1 3.3 56 1.0 48 .. 24 170b El Salvador 5.3 3.5 91 ..53 35 .. 30001 Eritrea . 5.9 125 ..8 .. . 40001 Estoni'a 2.0 1.3 36 520 Ethiopia 6.6 7.0 164 4 58 .. 1.4000 Finland 1.6 1.8 20 .. . 1b France 1.9 1.7 17 ...15b Gabon 4.5 5.0 150 92 .. 5000 Garnbia, The 8.5 5.3 167 54 CD5 i.10oo Georgia 2.3 1.5 40 ...19~ Germany 1.4 1.3 14 ......22b Ghana 6.5 5.0 109 ..20 73 42 7400 Greece 2.2 1.4 19 job . . 0 Guatemala 6.2 4.6 106 1.1 32 .. 22 1900 Guinea 6.1 5.7 213 .2 .. 76 8800 Guinea-Bissau 6.0 6.0 186 ...16 glo91b Haiti 5.9 4.3 70 1.8 18 20 .. 000 Honduras 6.5 4.5 112 ..47 50 63 220b 96 1998 World Development Indicators 2.15 Total fertility Adolescent Unwanted Contraceptive Births attended Maternal rate fertility fertility prevalence by trained mortality rate rate rate health staff ratio births births per 1.000 per 1,000 % of per births women women women 100,000 per woman age 15-19 age 15-49 age 15-49 % of total line births 1980 1996 1995 1990-97 1990-96 1985 1992 1990-96 Hungary 1.9 1.5 31 .. .. 9 914a India 5.0 3.1 81 0.8 43 33 7 5 4370 .Indonesia ..43.3.2. 57 ...0.5 55 .31 3900c Iran, Islamic Rep. 6.1 3.8 80 52 . 70 10 Iraq ~~~~6.4 5.3 61.2 4 30 Iraq ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~.. . ... 24.. 74.... ...... Ireland .....-. 3.2 ... 1.9 23 6 0 ..0b. Israel 3.2 2.6 28 .99 Ital 1.6 1.2 14 100 1 b Jamaica 3.7 2.3 67 69 8820 Japan 1.8 146 100 100... 8 Jordan 6.8 4.4 43 75 86 150 b Kazakhstan 2.9 21.1 40 53a Kenya ~~~7.8 46.6 95 2.0 650b Korea, Dem. Rep..30213 0 . Korea, Rep. 2.6 ... 1.7 8 .....65 953 Kuwait5. 29.9 45 99 98 18a Lao PDR? 6.7 5.7 .. 59 ......... . 650b Latvia 2.0 12.2 34 .. ia Leba on 4.0 2.7 43 45 300 b Lesotho 5.6 4.6 55 23 28 . 610b Libya 7.3 4.0 106 45 7 68 20 Lithuania ....2.0 1.4 34 ,,a Macedonia, FYR 2.5 2.1 38 .. 22~ Madagascar 6.. .5. 5 .7 . .... 145 09: 17 ... .. ...62 . .. 71 6600 Malawi 76.6 6.5 151 1.0 22. 59. 41 6200 Malaysia 4.2 3.4 30 . .82 92 4 Mali 7.1 ... 6.7 .. 190 0 77 ....27.. 5800 Mauritania ......6.3 5.1 123 ..23 .... .. 800b Mauritius 2.7 21.1 42 ...... ..75 84 91 112a Mexi.co 4.5 2.9 .57 .. ~ .. .. ..~45 1 job Moldova 24.4 19.9 46. 33a Mongolia .......I5A.4 . 3.3 45 . ... ..... ....I100 .... .. 100 65b Morocco ... . .. .-54.4 _3.3 38 1:4 50. 26 . 372e Mozambique 6.5 6.1 122...... ...... 28 29 1,500b Myanmar 5.1 34.4 30 25 97 50 Namibia 5 . .9.. .4.9 .. .130 29. 71 2200 Nepal 6.1 5.0 82 10 . 1,500b Netherlands 1.6 158 .. 12b New Zealand 2.0 2.0 43 .99 10025 Nicaragua .6.2 .. . 40.0.. 136 44 . .. 42 160 b Niger 7.4 .. 7.4 222 0.34.. 47. ..21 5930 Nigeria 6.9 5.4 120 1.0 6 .. 45 1,00b Norwa 1.7 19.9 .. 22 ....... 100 .... Oman 997.0 13.. 60 9 Pakistan 7.0 5.1 107 1.21424 70 30 Panama 3.7 2.6 61 83. 85 55b Papua New Guinea .....- .7. 4.7 44 34 20 930b Paraguay 4.8 3.9 72 51 22 1. 90C Philippines 4.8 3.6 47 1.2 48 . .. 76 . .... 208 c Poland 2.3 1.6 28 .. loa Portugal 2.2 .. 1.4 23 ..........151, Puerto Ric 2.61. 48 78 Rormania 2.4 1:3.3 . 34 57 99 ... .......... 41a Russian Federation 1.9 1.3 31 34 . . 538 1998 World Development Indicators 97 C ~2.15 Total fertility Adolescent Unwanted Contraceptive Births attended Maternal rate fertility fertility prevalence by trained mortality rate rate rate health staff ratio births births per 1,000 per 1,000 % of per birthss women women women 100.000 per woman age 15-19 age 15-49 age 15-49 % of tote ve births 1980 1996 1995 1990-97 1990-96 1985 1992 1990-96 Rwanda 8.3 6.1 65 2.0 21 .- 28 1.30Cb Saudi Arabia 7.3 6.2 61 .. 79 . 8 Senegal 6.7 5.7 118 0.9 7 -. .. 51 Sierra Leone 6.5 6.5 203 25 .. 1.8000 Singapore. 1.7 1.7 13 1oo icc Jon Slovak Republic 2.3 1.5 35.. . Slovenia 2.1 1.3 19 . .5 South Africa 4.6 2.9 68 69 .230b Spain 2.2 1.2 11 96 ..70 Sri Lanka 3.5 2.3 33 67 65 300 Sudan 6.5 4.7 84 10 20 -. 370a Sweden 1.7 1.7 20 ..100 .. Switzerland q1.6 157 -. - 100 6 Syrian Arab Republic 7.4 4.0 89 40 37 80 1790 Tajikiatan 5.6 3.7 48 --740 Tanzania 6.7 5.6 123 0.7 18 74 530C Thailand 3.5 1.8 18 -., 59 71 2Qo b Togo 6.6 6.2 124 .. 6401 Trinidad and Tobago 3.3.214 -9 ( Tunisia 5.2 2.8 32 60 80 50 Turkey 4.3 2.6 44 0.9 78 .. loon Turkmenistan 4.9 3.3 26 . 440 Uganda 7.2 6.7 193 1.3 15 . , 550, Ukraine 2.0 1.3 48 ...100 ..3Q0 United Arab Emirates 5.4 3.5 58 9.. 6 94 United Kingdom 1.9 1.7 30 98 . 9 United Statea 1.8 2.1 46 09 100 l2b Uruguay 2.7 2.2 47 .. io 85b Uzbekiatan 4.8 3.4 43 ...24a Venezuela 4.1 3.0 60 .. 82 2000 Vietnam 5.0 3.0 42 i 15b Weat Bank and Gaza Yemen, Rep. 7.9 7.2 141 1.7 1.40C00 Yugoalavia, FR (Serb./Mont.) 2.3 1.9 41 ..121 Zambia 7.0 5.6 122 ..26 . 43 2300 Zimbabwe 6.8 3.9 68 0.8 58 67 49 2800 Low income 4.3 3.2 .81 &xl hn India 6.349 1 Middle in'come 3.8 2.6 54 Lower middle income 3.8 2.6 51 Upper middle income 3.7 2.6 63 Low &'middle income 4.1 3.0 72 East A'sia & Pacific 3.1 2.2 25 Europe&~ Central Aaia 2.5 1.8 40 Latin America & -Car ib. 4.1 2.8 72 Mdidle Easat & N. Africa 6.1 4.0 5 South Aaia 5.3 3.4 106 Sub-Sa'haran Africa 6.6 5.6 136. High in'come 1.9 1.7 27 a. Official estimate. b. UNICEF WHO estimate based en stat,st,osi modeeiing. c. indireet estimate bones on sample sursop d. Based on a sjrvey ODvering 30 provinces e. Boson o srnop e surmev. 98 1998 World Development Indicators 2.15 The number of women and men in need of reproduc- sure. The data in the table are from the World Health *Total fertility rate is the number ofchildrenthatwould tive health services is expected to nearly double over Organization (WHO), supplemented by data from the be bom to a woman if she were to live to the end of her the next two decades (Conly and Epp 1997). Thus any United Nations Children's Fund (UNICEF). They are childbearing years and bear children in accordance with action taken now to expand reproductive choices- based on national sources, derived from official com- current age-specific fertility rates. * Adolescent fertil- including improved access to safe and reliable con- munity and hospital records; some reflect only births ity rate is the number of births to women age 15-19 per traception-is likely to have a significant effect on in hospitals and other medical institutions. In some 1,000 women in the same age group. * Unwanted fer- the health, well-being, eventual size, and quality of cases smaller private and rural hospitals are tilityrateisthedifferencebetweenthetotalfertilityrate life of a country's population, excluded, and sometimes even primitive local facili- and the wanted fertility rate. Unwanted births are Reproductive health behavior is complex and is ties are included. Thus the coverage is not always defined as those that exceed the number considered influenced by a broad range of relevant interventions. comprehensive, and cross-country comparisons ideal or wanted by women of reproductive age. Fertility outcomes, maternal mortality, births should be made with extreme caution. * Contraceptive prevalence rate is the percentage of attended by skilled providers, and contraceptive Civil registers in many developing countries provide women who are practicing, orwhose sexual partners are prevalence are complex measures and indicate the extremely unreliable mortality statistics, especially for practicing, any form of contraception. It is usually mea- demand for, access to, and use of reproductive maternal mortality. Classifying a death as maternal sured for married women age 15-49 only. * Births health services. requires a cause of death attribution, which depends attended by trained health staff is the percentage of Total and adolescent fertility rates are based on on the information available at the time of death. In deliveries attended by personnel trained to give the nec- data from vital registration systems or. in their many developing countries causes of death are essary supervision. care. and advice to women during absence, from censuses or sample surveys. assigned by nonphysicians and often attributed to "ill- pregnancy, labor, and the postpartum period, to conduct Provided that the surveys are fairly recent, the esti- defined causes." Even when causes are assigned by deliveries on their own, and to care for newborns. mated rates are generally considered reliable. In medically qualified staff with the aid of diagnostic infor- * Maternalmortalityratioisthenumberofwomenwho cases where no empirical information on age-specific mation, some doubts remain about the diagnosis in the die during pregnancy and childbirth, per 100,000 live fertility rates is available, a model is used to estimate absence of autopsies and the assignment of appropri- births. the proportion of all births that are teenage births. ate International Classification of Diseases (ICD) As with other basic demographic data (see About the codes. Maternal deaths are also likely to go unrecorded Daia sources data in table 2.1), international comparisons of fer- if they occur in remote and rural areas. Differences in tility rates are limited by differences in data defini- definitions also may affect the comparability of esti- Data on reproductive health come from demographic tions and collection and estimation methods. Fertility mates over time and across countries. The maternal and health surveys and from WHO and UNICEF, rates for 1996 are generally based on projections mortality ratios shown here are official estimates from Revised 1990 Estimates of Maternal Mortality. A from censuses or surveys from earlier years. administrative records, survey-based indirect esti- New Approach. The unwanted fertility rate is based on survey mates, orderived from a demographic model developed responses by women of reproductive age and so is by UNICEF and the WHO. Official or survey-based esti- affected by response bias. In many developing coun- mates are shown wherever they are available. In all tries fertility is not seen as within the control of an cases the standard errors of maternal mortality ratios individual; women do not report a numerical ideal are large, which makes the ratio particularly unsuitable family size, and hence no birth is reported as for monitoring changes over a short period. unwanted. In such cases women are assumed to want all their births. Contraceptive prevalence reflects all methods- ineffective traditional methods as well as highly effective modern methods. Unmarried women are often excluded from surveys, which may bias the esti- mate. Contraceptive prevalence rates are obtained mainly from demographic and health surveys and contraceptive prevalence surveys (see Primary data documentation for the most recent survey year). Births attended by health staff is an indicator of a health system's ability to provide adequate care for pregnant women. Good health care improves mater- nal health and reduces mortality. However, data may not reflect this because health information systems are often weak, maternal deaths are underreported, and rates of maternal mortality are difficult to mea- 1998 World Development Indicators 99 2.16 Health: risk factors and future challenges Prevalence Low- Prevalence Smoking Incidence Adult HiV-1 seroprevalence of anemia birthweight of child prevalence of babies malnutrition tuberculosisj % rifcted Women % of % Of attending pregnant children of adult per 100,000 urban women % of births under 5 male femate popuiacio,, S-ref Urbno nugh- S-eny antenatae 1985--95 1980 1989-95 1990-96 1985-95 1985-95 1995 I ear r[sl, group year clinic Albania . .. 7 .. 50 8 40 Algeria 42 .. 9 10 53 10 53 1981-89 con Angola 29 .. 19 35 . .. 225 1988 24.7 an 1995 1.O1, Argentina 26 7 2 40 23 50 1996 41.4~ 1995 2.8 d Armenia . .. 40 Australia 29 21 6 Austri'a 6 .. 42 27 20 Azerbaijan .. 10.. . 47 1995 0.00 Bangladesh 53 .. 34 68 60 15 220 1996 0.6 , Belarus ...5 ... .50 . Belgium . .. 6 .. 31 19 16 . Beni'n 4.1 .. 10 2 4 . . 135 1993-94 5330b.0 1993 0.49 Bolivia 51 10 10 16 50 21 335 1968 5.1f,g,h Bosnia and Herzegovina 60 Botswana .. .. 27 21 .. 400 1995 42.8a,g 1995 34.2g Brazil 33 .. 11 7 40 25 80 1994-95 40.4 nd9 1995 1.79, Bulgaria 6- 49 17 -40 1993 0 .0~ - 1993 0.0 Burkina Faso 24 21 21 33 289 1994 60.4 b,e 1995 12.0 Burundi 68 . .. 38 367 1986 18.5 at 1993 17.2 Cambodia .. . . 38 . .. 235 1996 43.0 e.g 1996 3.2 Cameroon 44 .. 13 15 . .. 194 1994 2 1.20b,0 1996 1.9 Canada 6 6 .. 31 29 8 . Central African Republic 67 23 15 23 . .. 139 1994-95 34.0 a 1993 10.0g Chad 37 11 . .. . .. 167 . . 1992 4.59 Chile 13 .. 7 1 38 25 67 1994 0.7a,g 1994 0.1 China 52 .. 6 16 61 7 85 1994 66.5 c.1 1993 O.Oi Hong lKong, China . . . . 140 - .. .- . . - Colombia 24 3 9 8 35 19 67 1994 26.2 g,h 1994 0,5g Congo, Denm. Rep. 76 13 15 34 . .. 333 1995 30.30 1993 4.6 Congo, Rep. -.15 16 24 . .. 250 1987 49.2 e.t,g 1994 .7.1 Costa Rica 28 .. 7 2 35 20 '15 1994 4.9 1992 0.0 CSte d'ivoire .. 14 14 24 . .. 196 1994-95 67.6 ne1995-96 11.6 o,g Croatia . .. 8 .. 37 38 65 . Cuba 47 .. 8 8 39 25 20 1993 0.00a 1996 0.01 Czech Republic 23 .. 6 1 43 31 25 1995 10.3h 1995 0.0 Denmark .. .. 5 .. 37 37 12 . Dominican Republic . .. 16 6 66 14 110 1994 7,701 1995 2.89 Ecuador 17 .. 13 17 . .. 166 1988 28.8tg9,n 1992 0.3 Egypt, Arab Rep. 24 7 12 9 40 1 78 1994 7.60c 1992 0.0 El Salvador 14 9 11 11 38 12 110 1995-96 6.00a 1994-95 0.0' Eritrea . .. . 41 . .. 151989 5.8e Estonia . .. . .. 52 24 60 1996 0.00 Ethiopia 42 .. 16 48 . .. 155 1991 67.5 e- 1991 4,99 Finland .. 4 5 . 27 19 15 . France .. 5 5 . 40 2 7 20 Gabon . .. 10 15 . .. 100 1988 4.2 ah 1994 1. Gambia, The 80 35 10 17 . .. 166 1993 34.7 0.0 1993-95 17,7b Georgia .. .... . . . . .70 70 Germany . . . .. 37 22 18 . Ghana 17 27 . .. 222 1986-87 30,80.0 1995 2.20.g Greece 6 9 .. 46 28 12 Guatemala 39 10 14 33 38 25 110 1990-93 5.3 n.e 1990-91 0.0 Guinea .. 18 21 24 40 2 166 1994 36.60 1990-91 0.70b Guinea-Bissau 74 13 20 23 . .. 220 1987 3670b,e.f 1995 6.90 Haiti 38 . 15 2.. . 333 1989 4 1993 8.4 Honduras 14 9 9 18 36 11 133 1992 3c0.0 1996 1.00 100 1998 World Development Indicators 2.16 Prevalence Low- Prevalence Smoking Incidence Adult HIV-1 seroprevalence of anemia birthweight of child prevalence of babies malnutrition tuberculosis % infected Women % of % of attending pregnant children % of adult par 100,tOO urban women of births undJer 5 male female populatian Survey Urban high- Survey antenatal 1985-95 1980 1.989-915 1990-96 1-985-95 1985-95 1995 year risk group year clinic Hungary . .9. 40 27 50 . India 88. 33 66 40 3 220 1994 .0 1995 0k Indonesia 64 :14 40 53 4 220 1994 0.3e 1986-87 0.0 Iran, Islamic Rep.. 4 12 1650. Israel .. ... ...... . .......... :.... 45 . .. 30 12 Italy7 7 7 : 3 8 26 25 Jamaica 40 10 11 10 43 13 10 1994-95 246 6e 1996 0.7 Japan .. .. 6 3 59 15 42 Jordan. I... . .. .... . .. .. .. .. .. .. . . .7.10.43.5 14. . . .... ... . .. - .. .. .... .. .. .. .. .. Kazakhstan 11 . .1 . :77 Kenya 35 18 16 23 52 7 140 1992 85.5 e 1995 13.79 Korea, Dem. Rep. . . . 162 Korea, Rep. 9 4 . 68 7 162 1988 0.1e Kyrgyz Republic...... 68. Lao PDR 18 40-. . 235 1990-93 12 e Lebanon 9 35 Lesotho 7 8 11 21..... 38 1. 250 1993 152 a29 1993 6.1 Libya.. 5 5 5 12 Lithuania ....... ..... ..... ...... ....... ... ......... . 52... 10.. 82 . . 1995 0... 0: a 1995 0.0 Macedonia. FYR . . 60 ....ad ...... ....g........ .ca... ...r. 10.. ..... 32 29 28 310 1995 0.3 1995 0.1 Malawi 55 22 20 28 .. . 173 194 78.0 e.g 1996 32,8 Mal 58 13 17 31 .. . 289 1995 55.5hbe 1994 3.59 Mauritania.. . 11 48 .. .. 220 1993-94 0.9 a1993-94 0.5b' Mauritius ... .. . .29 ..... ...8..... 15 47. 4..... 50 1988-91 0.8 a 1986 0.0 Mexico 14 . 12 14 38 14 60 1994 32.7h 1996 0.0 Moldova 50.. . .. . 70 1995 0.0 Mongolia 45 10 1 40 7 100 1987-93 QQae 1987-93 0.0 Morocco 45 9 9 10 40 9 125 1990 7.1 e,f 1993 0.2 Mozambique 58 16 20 47 .. . 189 1994 24.0 ag9 1994 10.5g Myanmar . 58 . 16 31 189 1995 56.5 c 1995 1.3 Namibia 16 12 26 . 400 1992 7.2 a,d 1996 17.6 Nepal 65 26 49 . 67 1993 0.9 e 1992 OOdj N ethe lan. 4...I .. . .... .... .. .... . . .. 4 .. ... . ....36 . .... ..29 .13 ....... . New Zealand 5 6 .. 2 22 1 Nicaragua 36 15 24 . 110 1990-91 1.6 ej Niger-.... ....... ...... . 41 - .. .. ...15 ... .. .. 43 . .. . .. 144 ... .. 1993 15.4 b.e 1993 1.3b Nigeria 55 18 16 35 24 7 222 1993-94 22.5e,g 1993-94 3.89 Norway.. 4 5.. 36 3 O m an..- 54 .. ... .. ... 10 . . .. ..14 .. . .. 20 ........ .. ... ... .... .. Pakitan 7 .. 25 40 27 4 150 1995 .11 5~ 1995 0. Panama.. 8 10 7 56 2 0 90 1984-86 3.1' h 1994 0.3' Papua New Guinea 13 . 23 30 46 28 275 1992 0.1a,g 1992 0.0 Paraguay . 29 7 8 4 24 6 166 1987-90 8.8 h 1992 0.0 Peru 53 9 11 11 41 13 250 1989-90 41.0Oh Philippines 48 .. . 30 43 8 400 1993 06g Polan 16.88....51 29..... 50.1995 _4.76vg Port gal8 5 3 5 6 Puefrto Rico .. .8 Romania 31 6 .. 120 Russian Federation 30 3 67 3 99 1995 0.5 1995 0.0 1998 World Development Indicators ±01 O ~2.161 Prevalence Lw-i Prefvalece Smoking Incidence Adult HIV-1 seroprevalence of anemia birthweglht ochild prevalence of babies malnutrition tuberculosis % infected Womnen % of % of attending pregnant children % of adult per 100.000 urban women % of births uOder5 male femnale, population Survev Urban h.gn- Survey antenatal le8s-es 198 189 19 199-9 6 1985-95 1985--9 1999 yea, risk group year clinic Rwanda . .. 17 29 ... 260 1984 87.9e 1995 25.39 Saudi Arabia . ..... 53 .. 22 Senegal.26 .. 11 22 48 35 166 1994 22.1 e.g 1994 1.1 b,9 Sierra Leone 17 29 . . 167 1995 26.70e 1990 0.8b,0 Singapore 8 7 14 32 3 82 . Slovak Republic 6 .. 43 26 40 1995 0.0 0,c 1992 0.0 Slovenia 6 . 35 23 35 1995 0.0 1995 0.0 South Africa 37 ...9 52 17 222 1994 20.10a 1995 10Am r Spain I. 1 .. 48 25 250 . Sri Lanka 39 25 17 38 55 1 49 1993 0.5 d,e Sudan 36 17 15 34 ... 211 1989 19.1 a 1995 3.00 Sweden. .. . S. 2.2 24 7 . Switzerland . .. 5 .. 36 26 18 . Syrian Arab Republic .. 10 8 56 TaJikistan 50o . 133 Tanzania . . 14 29 ... 187 1993 4950e 1995-96 13.909 Thailand 57 12 13 13 49 4 173 1995 34.4 0.9 1995 2.4g. Togo 48 .. 20 25 244 1993 7.3a,b.d Trinidad and Tobago 53 10 7 42 8 ~~~~20 1983-84 40905 1990 0.3~ Tunisia .. 7 10 9 58 5 55 1987 000e 1991 0.0 TurKey 8 8 10 63 24 57 1992 ala 1987-88 0.0 Turkmenistan . ..... 27 1 72 . Uganda 30 ... 26 10 0 300 1987 86,00e 1994-95 21.2 Ukra.ine .. ~ 6 ~ 5 ... 50 1995 13.0 c 1995 0.0 United Arab Emirates 46 8 8 7 ... 30 . United Kingdom 28 28 .12 United States .. 7 7 .. 28 23 10 . Uruguay.20 .. 8 4 41 27 20 1996 13.0 0,0 1991 0.0 Uzbekistan .. . ,4 40 1 55 . Venezuela 29 .. 9 5 ... 44 1994 25.0 1.n Vietnam 52 .. 17 45 73 4 166 1995 7,5v, 1995 ,0.0 West-Bank -and Gaza.. . ... Yemnen. Rep. 19 30 ... 96 1992 0.0a. Yugoslavia, FR (Serb./Mont.) ... 52 31 50 Zambia 34 .. 13 29 39 7 345 1992-93 58,90 1994 27.9 Zimbabwe .. 15 14 16 36 15 207 1994-95 86.0 0.0 1995 35.2 9 Low income 51 6 160 Eroci. China & india . 195 Middle income 48 16 118 Lower middle income 52 13 136 Upper middle income 42 22 74 Low & middle income 50 9 146 East Asia & Pacific 59 6 125 Europe & Central Asia 58 26 72 Latin America & Carib. 40 20 89 Middle East & N. Africa ... 71 South Asia 41 4 209 Sub-Saharan Africa ... 220 High income 39 22 37 a. Patients witOi sexually transmitted diseases. 0. HJV-1 and/or HIV-2. c. injecting drug users. d. Sample size unknown. e. Sex sorkein f. Oats are best avai.able but not re[roble because of small sample size. g. Data averaged. h. Homosexual or bisexual mnen. i. Not specificaily urban. j. For Yurnan Province. k. For Tamil Nacs Stone. J. UNAIDS dots. m. Nat ona data. n. Oata ore from UNAIDS 10996. 102 1998 World Developmnent Indicators 2.16 The limited availability of data on health status is a of this indicator is that it cannot indicate whether * Prevalence of anemia, or iron deficiency, is defined major constraint to assessing the health situation malnutrition is due to wasting or stunting. Still, as hemoglobin levels less than 11 grams per deciliter in developing countries. Surveillance data are lack- weight for age is useful for comparisons with earlier among pregnant women. * Low-birthweight babies ing for a number of major public health concerns. surveys because it was the first anthropometric are newborns weighing less than 2,500 grams, with Estimates of prevalence and incidence are available measure in general use. Assessment methods vary, the measurement taken within the first hours of life, for some diseases but are often unreliable and vari- but the indicator used here reflects weight less than before significant postnatal weight loss has occurred. able. National health authorities differ widely in minus two standard deviations from the median * Prevalence of child malnutrition is the percentage their capability and willingness to collect or report weight for age of the U.S. National Center of Health of children under 5 whose weight for age is less than information. Even when intentions are good, report- Statistics reference population age 0-59 months. minus two standard deviations from the median of the ing is based on definitions that may vary widely This reference population, adopted by the WHO in reference population (see About the data). * Smoking across countries or over time. To compensate for 1983, is based on children from the United States, prevalence is the percentage of men and women over the paucity of data and ensure a reasonable degree who are assumed to be well nourished. 15 who smoke tobacco products. * Incidence of tuber- of reliability and international comparability, the Data on smoking are obtained through surveys culosis is the estimated number of new tuberculosis World Health Organization (WHO) prepares esti- and should be interpreted with caution because a cases (all forms). * Adult HIV-1seroprevalence is the mates in accordance with epidemiological and sta- one-time estimate of the prevalence of smoking estimated percentage of people over 15 who are HIV- tistical procedures. does not give any information on its duration (usu- 1 positive. Adequate quantities of micronutrients (vitamins ally longer for males). and minerals) are essential for healthy growth and Tuberculosis (TB) has reemerged as a global Data sources development. Studies indicate that more people are health problem. From an economic point of view this deficient in iron (anemic) than any other micronutri- epidemic is about wasted lives and lost productiv- , ; The data presented here are ent, and most of those suffering are women of ity. From a health perspective it is about the need CONFRONTING drawn from a variety of reproductive age. Anemia during pregnancy can to efficiently organize and finance the health sector t sources. including the United harm both the mother and the fetus, causing loss to serve the needs of the population. And from a Nations Update on the of the baby, premature birth, or low birthweight. social perspective it is about the need to provide - . Nutrition Situation; the WHO's Estimates of the prevalence of anemia among preg- equitable access to appropriate health services F v World Health Statistics nant women are generally drawn from clinical data, because TB is most likely to be contracted by the , Annual, Global Tuberculosis which suffer from two weaknesses: one, the sam- poor. Data on case notifications and treatment out- - Control Report 1997, and ple is not random, but based on those who seek comes are reported to the WHO by national TB con- Tobacco or Health: A Global Status Report 1997; the care; and two, private clinics or hospitals may not trol offices. WHO checks these data for World Bank's Confronting AIDS: Public Priorities in a be part of the reporting network, inconsistencies and adjusts them where necessary. Global Epidemic; the WHO-EC Collaborating Centre on Low birthweight. which is assoc ated with mater- The data in the table show the overall incidence of AIDS' European HIV Prevalence Database; and the nal malnutrition, raises the risk of infant mortality TB rather than just smear-positive incidence. U,S. Bureau of Census' HIV/AIDS Surveillance and stunts growth in infancy and childhood, increas- Adult HIV-1 seroprevalence rates reflect the rate Database. ing the incidence of other forms of retarded devel- of HIV-1 infection for each country's adult popula- opment. Estimates of low-birthweight infants are tion. The global HIV pandemic currently involves two drawn mostly from hospital records. But many HIV viruses: HIV-1 and HIV-2. HIV-1 is the dominant births in developing countries take place at home type worldwide. HIV-2 appears to be less easily without assistance from formal medical practition- transmitted than HIV-1, and the progression from ers and are seldom recorded. How this factor skews HIV-2 infection to AIDS appears to be slower than the data is uncertain. A hospital birth may indicate that for HIV-1. AIDS is late-stage infection charac- higher income and therefore better nutrition, or it terized by a severely weakened immune system that could indicate a higher-risk birth, possibly skewing can no longer ward off life-threatening opportunis- the data toward lower birthweight. Changes in this tic infections and cancers. This table uses only indicator are more likely to reflect changes in report- seroprevalence surveys measuring HIV-1, except ing practices than improvements or deterioration. where otherwise noted. Estimates of HIV sero- The data should be treated with caution and no com- prevalence are not based on national samples. parisons within or across countries should be Most HIV data originate from diagnostic centers or attempted. screening programs and so are subject to selection Estimates of child malnutrition are from national (usually high-risk groups) and participation bias. survey data on weight for age. Weight for age is a The results from high-risk groups should not be con- composite indicator of both weight for height (wast- sidered indicative of prevalence in the general, low- ing) and height for age (stunting). The disadvantage risk population (World Bank 1997a). 1998 World Development Indicators 103 O ~2.17 Mortality Life expectancy Infant mortality Under-five Child mortality Adult mortality at birth rate mortality rate rate rate per 1,000 Male Femnale Mae e emnale years lice births per 1,000 per 1.000 per 1,000 per 1.000 per 1,000 1980 1996 I 1980 1996 I 1980 1996 1988-97 1998-97 1980 1995 1980 1995 Albania .69 72 47 37 .. 40 15 15 140 122 82 65 Algeria 59 70 98 32 139 39 226 177 197 133 Angola 41 46 153 124 .. 209 569 493 458 406 Argentina 70 73 35 22 38 25 205 176 102 84 Armenia 73 73 26 16 .. 20 .. 158 209 85 108 Australia 74 76 11 6 7 167 110 80 60 Austria 73 77 14 5 6 2 1 197 148 92 64 Azerbaijan 68 69 30 20 .. 23 ..262 231 127 91 Bangladesh 48 58 132 77 207 112 47 62 383 314 388 292 Belarus 71 69 16 13 .. 17 ..255 301 95 100 Belgium 73 77 12 7 .. 7 2 1 173 135 90 68 Benin 49 55 120 87 205 140 89 90 486 472 397 399 Bolivia 52 61 118 67 171 102 53 47 357 202 273 237 Bosnia and Herzegovina 70 31 181 104 Botswana 58 51 69 56 80 85 18 16 341 212 278 153 Brazil 63 67 67 36 86 42 8 9 221 181 161 123 Bulgaria 71 71 20 16 .. 20 .. 190 213 106 106 Burkina Faso 44 48 121 98 241 158 107 110 467 426 362 340 Burundi 47 47 121 97 195 176 101 114 489 481 400 403 Cambodi'a 40 53 201 105 .. 170 ... 473 370 355 298 Carneroon 50 56 94 54 172 102 64 75 489 413 415 341 Canada 75 79 10 6 ., 7 2 1 161 125 85 65 Central African Republic 46 49 117 96 193 164 63 64 540 505 424 406 Chad 42 48 147 115 208 189 ... 556 470 449 385 Chile 69 75 32 12 37 13 3 2 218 155 120 82 China 67 70 42 33 60 39 10 11 185 155 148 130 Hong Kong, China 74 79 11 4 12 6 ..150 109 87 57 Colombia 66 70 45 25 56 31 7 7 237 214 162 118 Congo, Dem, Rep. 49 53 111 90 Congo, Rep. 50 51 89 90 .. 145 .. 408 405 298 313 Costa Rica 73 77 20 12 29 15 .. 159 115 100 68 C6te dIlvoire 51 54 108 84 157 150 421 392 346 333 Croatia 70 72 21 9 .. 10 233 176 106 78 Cuba 74 76 20 8 22 10 .. 135 122 94 78 Czech Republic 70 74 16 6 .. 10 2 2 225 195 102 83 Denmark 74 75 8 6 .. 6 1 1 163 145 102 92 Dominican Republic 64 71 74 40 92 47 18 20 183 155 138 100 Ecuador 63 70 67 34 98 40 12 9 229 179 176 110 Egypt, Arab Rep. 56 65 120 53 175 66 22 28 257 278 204 238 El Salvador 57 89 81 34 125 40 17 20 410 229 178 15'1 Eritrea 46 55 .. 64 ., 120 82 69 -. 429 .. 342 Estonia 69 69 17 10 .. 16 ... 291 284 110 95 Ethiopia 41 49 155 109 213 177 ..491 442 401 352 Finland 73 77 8 4 .. 5 1 1 206 150 74 64 France 74 78 10 5 .. 6 2 2 190 155 05 58 Gabon 48 55 116 87 .. 145 .. 474 386 387 322 Gambia. The 40 53 159 79 .. 107 83 79 584 511 466 419 Georgia 71 72 25 17 .. 19 ... 210 189 94 77 Germnany 73 76 12 5 .. 6 2 1 177 145 90 70 Ghana 53 59 100 71 157 110 63 62 400 320 334 253 Greece 74 78 18 8 .. 9 134 113 66 61 Guatemala 58 66 81 41 140 56 22 24 336 245 266 166 Gui'nea 40 46 185 122 .. 210 122 112 589 498 507 497 Guinea-Bissau 39 44 168 134 223 535 584 517 372 Haiti 52 55 123 72 200 130 59 58 348 391 275 329 Honduras 60 67 70 44 101 50 .. 306 166 237 111 104 10998 World Deveeopmenr Indicators 2.17 Life expectancy Infant mortality Under-five Child mortality Adult mortality at birth rate mortality rate rate rate per 1,000 Male Female Male Female years live births per 1,000 per 1,000 per 1,000 per 1,000 per 1,000 1980 1996 ±980 ±.996 1980 1996 1988-97 1988-97 1980 1995 1980 1995 Hungary 70 70 23 11 13. 2 .. 2 270 330.. 130 138 India 54 63 116 65 173 85.. 29.. 42 261. 229 279 219 Indonesia 55 65 90 49 124 60. 30 27 368 . 262 ..308.. 205 Iran, Islamic Rep. 60 70 92... . 36 130 37 .... ..... 221.....158.. 190. 149 ....... Iraq 62 62 80 101 93 136 . .... 207 182 191 143 Ireland 73 76 11 5 7 2 1 175. 125 103. .72 Israel 73 .77 15 6 19 9 2 .2. 138 105 85 . 65 Italy 74. .78. 15 6 7 1 1 163 125 80 57 Jamaica 71 74 21 12 34 14 . 186 144 121 90 Japan 76 80 8 4 . 6 1 1 129 101 70 47 Jordan . 71 41 30 64 35 6 6. 171 .120 Kazakhstan 67 65 33 25 . 30 8 7 312 296 140 120 Kenya* 55 58 72 57 115 90 33 33 417 362 339 295 Korea, Dem. Rep. 67 63 32 56 - .. 270 215 156 102 Korea, Rep. 67 72 26 9 18 11 -. 270 230 156 96 Kuwait 71 77 27 11 33 14 6 5 172 126 116 68 . ,. . . . . .. . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . I . . . .. . ..... ...4 ...... ..1 1... .. Lao PDR 45_ _53 127 101 140 . 531 444 439 375 Latvia 69 69 20 16 . 18 . 281 328 106 102 Lebanon 65 70 48 31 . 36 . 241 191 181 135 Lesotho 53 58 108 74 113 . 371 347 279 258 Liby 57 68 79 25 . 306 5 276 215 218 166 Lithuania 71 70 20 10 . 13 . 243 304 92 97 Macedonia, FYR 72 54 16 . 18 .. 144 .. 9 Madagascar 51 58 138 88 175 135 85 82 353 445 278 384 Malawi 44 43 169 133 271 217 126 114 429 553 349 487 Malaysia 67 72 30 11 . 14 4 4 230 182 149 110 Mali 42 50 184 120 291 220 136 138 454 412 362 326 Mauritania 47 53 120 94 . 155. . 505 467 416 396 Mauritius 66 71 32 17 38 20... 277 222 181 116 Mexico 67 72 51 32 76 36 15 17 205 162 121 89 Moldova 66 67 35 20 . 24 . 289 275. 173 128 Mongolia 58 85 82 53 -. 71 - 320 221 273 182 Morocco 58 66 99 53 147 67 21 19 264 213 207 163 Mozambique 44 45 155 123 285 214 468 431 361 339 Myanmar 52 60 109 80 134 109 . 384 308 313 252 Namibia 53 56 90 61 108 92 30 34 427 356 366 304 Nepal 48 57 132 85 179 116 376 327 395 354 Netherlands 76 77 9 5 6 2 1 133 110 74 65 New Zealand 73 76 13 6 - 7 .. . 177 137 91 .7 Nicaragua 59 68 90 44 120 57 . 277 177 189 130 Niger 42 47 150 118 300 . 212 232 562 510 453 401 Nigeria 46 53 99 78 196 130 -118 102 535 450 453 377 Norway 76 78 8 4 . 6 2 1 144 118 71 60 Oman 60 71 41 18 . 20 13 17 389 201 326 134 Pakistan 55 63 124 88 161 123 22 37 283 208 291 228 Paaa70 74 32 22 47 25 - 172 139 117 88 Papua New Guinea 51 5867 62 . 85 . 514 371 478 339 Praguay 67 71 50 24 59 45 10 12 198 158 144 108 Peru 60 68 81 42 126 58 29 31 287 211 229 157 Philippines 61 66 52 37 69 44 28 25 323 254 259 189 Poland 71 72 21 12 . 15 2 2 253 179 105 92 Portugal 71 75 24 7 8. . 199 163 95 76 Puerto Rico 74 75 19 12 22 14 159 147 78 61 Romania 69 69 29 22 . 28 7 5 216 270 116 119 Russian Federation 67 66 22 17 . 25 3 2 341 472 120 172 1998 World Development Indicators 108 2.17. Life expectancy Infant mortality Under-five Child mortality Adult mortality at birth rate mortality rate rate rate per 1,000 Male Female Male Fema e years live births per 1,000 per 1,000 per 1.000 per 2-000 per 1,000 1980 1996 1980 1996 1980 1996 1988-97 1988-97 1980 1995 1980 1995 Rwanda 46 41 128 129 218 205 87 73 503 542 409 461 Saudi Arabia 61 70 65 22 .. 28 ... 283 181 241 149 Senegal 45 50 91 60 218 88 96 80 586 561 516 496 Sierra Leone 35 37 190 174 335 284 ... 540 589 527 470 Singapore 71 76 12 4 13 5 1 1 199 130 115 75 Slovak Republic 70 73 21 11 .. 13 ... 226 221 105 93 Slovenia 70 74 15 5 .. 6 . . 250 188 105 81 South Africa 57 65 67 49 .. 66 .. Spain 76 77 12 5 .. 6 2 2 144 140 69 57 Sri Lanka 68 73 34 15 48 19 10 9 210 172 152 108 Sudan 48 54 94 74 132 116 62 63 537 445 462 378 Sweden 76 79 7 4 .. 5 1 1 142 102 76 60 Switzerland 76 78 9 5 .. 6 I 1 145 113 70 58 Syrian Arab Republic 62 69 56 31 74 36 ... . 217 .. 154 Tajikistan 66 69 58 32 .. 38 ... 190 200 129 197 Tanzania 50 50 108 86 176 144 59 52 451 485 370 417 Thailand 63 69 49 34 58 38 11 11 280 199 210 119 Togo 49 50 110 87 175 138 75 90 457 377 375 311 Trinidad and Tobago 68 73 35 13 39 15 4 3 234 170 166 130 Tunisia 62 70 69 30 100 35 19 19 227 171 224 148 Turkey 61 69 109 42 133 47 12 14 153 158 98 i11 Turkmenistan 64 66 54 41 .. 50 . . 263 250 154 122 Uganda 48 43 116 99 180 141 82 72 463 622 395 558 Ukraine 69 67 17 14 .. 17 .. 282 294 112 112 United Arab Emirates 68 75 55 15 .. 1 7 6 5 153 122 106 92 United Kingdom 74 77 12 6 .. 7 1 1 180 120 96 69 United States 74 77 13 7 .. 8 2 2 194 160 102 85 Uruguay 70 74 37 18 43 22 ... 176 174 91 83 Uzbekistan 67 69 47 24 .. 35 ... 219 209 116 101 Venezuela 68 73 36 22 42 28 .. 219 173 123 94 Vietnam 63 68 57 40 650 48 -.. 262 206 204 136 West Bank and Gaza .. 68 . 38 . ..10 7 . Yemen, Rep. 49 54 141 98 198 130 41 47 382 384 304 331 Yugoslavia, FR (Serb./Mont.) 70 72 33 14 .. 19 . . 164 170 106 99 Zambia 51 44 90 112 149 202 96 93 482 534 413 494 Zimbabwe 55 56 82 56 107 86 26 26 389 391 321 393 Low income 58 63 98 68 145 94 263 231 241 206 Excli. Chine & India 51 . 56 116 88 175 131 402 354 3A6 304 Middle incorne 63 68 . .5 37 456 6 268 238 168 141 Low-er m-iddile in'co-me 63 ..79. 40 . . 49 7 7 285 260 180 155 ipp,er middle income 66 70 . .3 30 . . 36 2 2 226 181 138 107 Low &middle income 60 65 . .7 59 133 80 6 6 265 233 215 184 East Asia & Pacific 65 68 56 . 39 75 47 -222 180 180 145 Europe &Central Asia 68 68 . ...2430 269 303 114 128 Latin America & Caribbean . . . .059 33 82 41 3 2 225 182 151 114 MideEst & North Africa 9 6 6 50 . .41 63 -249 211 208 177 Sou'thAsia 5 62120 . .3174 93278 239 292 230 Sub-sahiaran' Africa' 48 52 115 91 193 147 487 448 404 376 Highrinc'om'e ...7713 6 7 2 2 174 142 91 70 106 1998 World Development Indicators 2.17 Age-specific mortality data such as infant and child developing countries. Thus estimates must be * Life expectancy at birth is the number of years a mortality rates, along with life expectancy at birth, obtained from sample surveys or derived by apply- newborn infant would live if prevailing patterns of are probably the best general indicators of a com- ing indirect estimation techniques to registration, mortalityatthetime of its birth were to staythe same munity's current health status and are often cited census, or survey data. Survey data are subject to throughout its life. * Infant mortality rate is the as overall measures of a population's welfare or recall error and require large samples, especially if number of infants who die before reaching one year quality of life. They may be used nationally to iden- disaggregation is required. Indirect estimates rely of age, per 1,000 live births in a given year. * Under- tify populations in need, or internationally to com- on estimated actuarial ("life") tables that may be five mortality rate is the probability that a newborn pare levels of socioeconomic development. Despite inappropriate to the population concerned. The life baby will die before reaching age 5, if subject to cur- variations in the quality of these data, discussed expectancy at birth that is estimated using this rent age-specific mortality rates. * Child mortality below, there is general agreement that age-specific method would be accurate only if current mortality rate is the probability of dying between the ages of 1 mortality rates, especially child mortality rates, are conditions were to remain the same for the entire and 5, if subject to current age-specific mortality a key indicator in any health monitoring system. life of the birth cohort. rates. * Adult mortality rate is the probability of The main sources of mortality data are vital reg- Life expectancy at birth and age-specific mortality dying between the ages of 15 and 60-that is, the istration systems and direct or indirect estimates rates for 1996 are generally estimates based on the population of 15-year olds who will die before their based on sample surveys or censuses. However, mostrecentlyavailablecensusorsurvey(seePrimary 60th birthday. civil registers with relatively complete vital registra- data documentation). Extrapolations based on dated tion systems-that is, systems covering at least 90 surveys may not be reliable for monitoring changes in Data sources percent of the population-are fairly uncommon in health status. United Nations Department of Economic and Social Information and Policy Child mortality rates show gender discrimination Analysis, Population and Vital Child mortality rate per 1,000 Statistics Report; demo- graphic and health surveys :-: ..c - _ ~from national sources; and United Nations Children's Fund (UNICEF), The State of the World's Children 1998. P.:, 0 Girls Source: i E L -la -:,,, In narn' countries parents nave 6ete, 3 preference for sons or a Dreference for a certain see oist'ihroTion ot their cnidren. Son prelerence s most promminent in North Arrica Soenm Asia. anr East A,ia. and as be-en ocLnnented b' demograpilc and health arvase In tnese regions Nc consistent pattern tor gender preference has been found In Sub-Sanaran Africa. shile in some counie; In Lat.n America tnere is a veak preterence for daughter;. Preferences ror boa5, lead to discrimination In how parems trel Thelir aons and daugriters. For esample. bo); receise clear preterence wit respect tc senoor athennance. Finding. are less clear and consistent in other areas. althourgh InsomenSo.thAsianco.nirles ons-earolddbhoahasehigherinmnonizoTionrate;thanonre-searoldgirls TheettecT ot gender preferences on mort3ata .s ohea o.frcalt to ascertain because infan mortalnv is nigher for boss than ocr girls n all counrr,es. Cnlo morralir i best,een ages l and s btrter captures the effect of gender discrimination. 3- malnuiritlon and medic3a interven.ons are often more important tor tnis age groun. When rernaie child rmortaln, is, higher, there is good reason to betlese that girls are discriminated against. The data orosroe oniv Indirect esidence or uiscrimination bt parents. baT an alternatise esplanaTlon esists. One consequence olfson preference .; dint girls tend to grovs up in larger families than bha). a, parents attempt to ach.es mcin de.red set distribution ol chidren through continuen clildbearrng. 7ne nigher number ol siblings reduce; the amoeni of resources per cnild esen if Inere Is no discrimination in allocation ol household resources It has been estimated that. d gender preerences s.erc absem. pregnanc' rates soulo decrease bV 9-21 percem In countries that hate high sorn preference. 199s World Development Indicators 107 t ) ',t~~~~~~~ X '< X ~~~ U-~,, a W here developing countries are making economic progress, they risk repeating the mistakes of the past by putting growth before the environ- ment-because growth can be a two-edged sword. Although economic growth raises living standards and gives people the means to enjoy their envi- ronment, it is often accompanied by urbanization, more motor vehicles, and increased energy consumption. And because unbridled growth can lead to congestion, overloaded infrastructure, and dangerous declines in air and water quality, growth at the expense of the environment is likely to be unsus- tainable. Economic and social change is putting increasing pressure on the world's environmental resources. Much of the world's biological diversity is in devel- oping nations and it is estimated to be disappearing at 50 to 100 times nat- ural rates. Wetlands and forests are being lost at 0.3 to 1 percent a year. Greenhouse gas emissions are growing strongly with increasing economic activity. Reversing these trends will require actions by both developed and developing countries. Many governments are adopting policies for sustainable development- that is, development that preserves the opportunities for well-being of both current and future generations. Economic growth and better environmental management can be complementary, because growth provides the resources to improve the environment. Striking a better balance between the costs and benefits of economic development will require reliable information to guide policy design and track progress toward sustainable development. Measuring the environment Understanding the environment and its links to economic activity requires a sound base of data and indicators. Some indicators deal with environ- mental "goods" such as protected areas or biodiversity (table 3.4). Others measure "bads" (deforestation, soil loss, air and water pollution). Still oth- ers monitor the effects of environmental degradation-waterborne disease, species loss, and numbers of threatened species. Such indicators are impor- tant because the links between the environment and the economy are often direct and immediate. Many relevant indicators are not available because of weaknesses in country coverage and concerns about the quality and comparability of data. More- over, some environmental indicators are not meaningful at a national level. Although the world is divided into nation-states, air and water assets being valued. Natural resource extraction (which pollution do not respect national boundaries, and many other includes the economic rent associated with the scarcity of the environmental problems are highly localized and location-spe- resource being exploited) is explicitly treated in genuine saw- cific. Thus a comprehensive set of environmental indicators ing by deducting the value of depletion of the underlying must embrace local, national, regional, and global aspects of resource. (Where forests, water resources, and other renewable environmental problems. assets are sustainably managed, there is no net depletion). The main indicators presented here cover important Deducting pollution damages. including lost welfare in the themes for which national information is available: land use, form of human sickness and death, is also necessary if it is deforestation, biodiversity, protected areas, freshwater and assumed that society is aiming to maximize welfare. Finally, water pollution, energy production and use, energv efficiency genuine saving estimates consider current education spending and net trade, sources of electricity generation, carbon diox- (on books, teacher salaries, and the like) as a component of ide emissions, urbanization, traffic and congestion, air pollu- saving (rather than consumption, as in the traditional national tion, and government commitment. There are important accounts), since education spending is an investment in innovations in environmental indicators, however, for cases human capital. where limitations in data and coverage do not permit compre- Table 3a provides genuine saving estimates for selected hensive national-level tabulations. Three such indicators are countries in Latin America and the Caribbean. Extended domes- highlighted here. tic investnment is measured as gross domestic investment plus cur- "Green GNP" is one indicator gaining currency. There is rent education spending. While this adjustment does not have widespread concern that standard national accounts indicators a large effect for some countries (Bolivia), it more than dou- do not reflect environmental depletion and degradation and so bles the rate of domestic investmnent for others (Haiti). The may send false policy signals for nations aiming for environ- next step in the accounting is to deduct net foreign borrowing, mentally sustainable development. While a greener measure of gross national product would have some policy uses, a related measure, genuine saving (described below), gets directly to the question of whether a country is on a sustainable path. Environmental indicators for the 21jt century Trade and the environment is another issue high on the A recent OECD-United Nations-World sank conference identified six international agenda, particularly since the formation of the environmental indicators to be monitored by the development World Trade Organization in 1995. Whether trade liberaliza- community as part of a new international development strategy. (The tion is good or bad for the environment is hotly debated, and table numbers in parentheses show where these indicators appear in tio ig ob f t ei m ihthe World Development Indicators.) questions of environmental protection and competitiveness are of great concern to developing countries. A significant Government and institutional commitment C countries with a national strategy for sustainable development issue is whether polluting industries and firms will move to (table 3.13) countries where environmental legislation is poor or weakly enforced. Indicators comparing exports to imports of pollu- * Population with access to sate water (tables 2.14 and 3.5) tion-intensive sectors can speak to these questions. * Intensity of freshwater use: percentage of annual available resources Finally, while many aspects of growth are beneficial to the used (table 3.5) environment (rising income means increased willingness and Biodiversity ability to pay for environmental protection), certain concomi- * Nationally protected area as a percentage of total land (table 3.4 tants of growth are harmful. Indicators relating growth in Energy use incomes to the demand for polluting transport fuels provide * GDP per unit of energy use (table 3.81 an important link between growth and the environment. * Total and per capita carbon dioxide emissions (table 3.8) Three other topics were identified as important for obtaining a more Genuine saving complete picture of the state of the world's environment-air quaJity. Achieving sustainable development is a process of creating and land use, and the marine environment. maintaining wealth. For this to be a satisfactory definition, how- ever, it is essential that wealth be broadlv conceived to include human capital, natural resources, and the natural environ- ment. The rate at which this expanded notion of wealth is being created (or destroyed) is measured by an indicator of genuine saving. This is a comprehensive measure of a country's rate of saving after accounting for investments in human capi- tal, depreciation of produced assets, and depletion and degra- dation of the environment. Genuine saving departs from standard national accounting conventions in several ways, notably by expanding the range of 110 1999 World Development Indicators add net official transfers, and subtract depreciation of pro- _ duced assets to arrive at an extended measure of net saving. Next the value of resource depletion is deducted from Adjusting for environmental costs lowers Ecuadors savings and extended net saving to arrive at genuine saving 1. The natural investment rates resources included are bauxite, copper, gold, iron ore, lead, nickel, silver, tin, coal, crude oil, natural gas, phosphate rock, - Larded and timber. (Several assets-including water, fish, and soil-are not included because of difficulties in valuation.) The depletion ' of metals and minerals is measured as the difference between extraction values at world prices and the total cost of produc- C- "' - E,ten& L tion (including depreciation of fixed assets and return on cap- -.3v*n ital). (For technical reasons this approach probably overstates Genuine depletion. More detailed estimates could embody rising scarcity I' rents and account for the reserve life by applying a discount - -;4 rate.) The difference between the rental value of roundwood Sosice: ri.e., harvest and the corresponding value of natural growth both in forests and plantations gives the measure of timber depletion. Genuine saving I equals genuine saving I less pollution damage. Because much pollution damage is localized (and difficult to estimate without location-specific data), table 3a includes only global damage from carbon dioxide emissions. Genuine savings rates in selected countries in Latin America and the Caribbean .-.I: r,f Gross Extended Extended Genuine saving 11 domestic domestic net Genuine Genuine Average Average Average investment investment saving saving I saving 11 1970s 19SOs 1990-94 1994 1994 1994 1994 1994 ".-,;,, I -, - ,. -,, ,~~~~~ ~~-F ,, 3 ,.JA eu -, - ,l..i;1 -r 1. 1 13- Li~~~~~~~~~~~~~~~~~~~- E : .1; - 3 2 -:.E:e -114| | 1= 2 1-0 E33 1E30 1 9 E- 7~~~~~~~~~~~~~~ ' U J j e, ., ': ; J Li l; _3 :a1 1 7 1 9r l. -1 S 3 - : 3S'1 f : 2-41 0 27 1; : 12 ; ; | | ! -4 - - a91L41 E-|.3J.: I! A -I i -? ' :J 30 7 1Ž. -S 9 -E.4 T. ..... T.- - _1 13 i : 3- 1: .,r;;,j... , -, - . . - . l : l - ..7 ... . 1. .- . - Tn.I is,, Tn: -: l -il 13 11 13-1 -14. -13 1998 World Development Indicators Ill Figure 3a shows genuine saving in Ecuador from 1970 to collecting resource royalties and charging pollutiorn taxes both 1994 and carries some important messages. First, Ecuador's raise development finance and ensure efficient use of'the envi- genuine saving rate was near zero or negative for much of the ronment. Measuring genuine saving also makes tLIC growth- period of oil exploitation. Second, investment in human capi- environment tradeoff more explicit, because countries tal as a share of GNP shrank for the last decade. Finally, nega- planning to grow today and protect the environmrent tomorrow tive genuine saving implies that total wvealth is in decline. will have depressed rates of genuinie saving. Policies resulting in persistently negative genuine saving lead to unsustainability. Trade and tlds stl rie rm As well as serving as an indicator of sustainability, genuine Are developing countries net exporters and developed coun- saving has other advantages as a policy indicator. It presents tries net importers of pollution-intensive goods. The export- resource and environmental issues within a framework that import ratio for polluting goods can shed soine light on this finance and development planning ministries can understand. issue. It reinforces the need to boost domestic saving, and hence the The export-import r-atio compares the total value of need for sound macroeconomic policies. It highlights the fis- exports to the total value of imports of the products of each cal aspects of etivironment and resource management, since country's six most polluting industrial sectors. These sectors Export-import ratios for selected countries, 1986 and 1995 1986 1995 1986 1995 t.1 ,., Malaysia 0.39 0.36 Argentina 0.60 0.58 Mexico 0.82 0.71 I 2..'. 11 Morocco 0.82 0.66 Austria 1.29 1.21 Netherlands 1.91 1.33 FRel .,; ' ;, : 0s New Zealand 0.46 0.80 Bolivia 1.24 0.51 Norway 1.26 1.19 E ,:,l - 1'. Oman 0.11 0.27 Canada 1.91 2.05 Pakistan 0.06 0.02 :r.,l.- ; :- E 5: F- ; 0.04 0.07 Colombia 0.35 0.34 Peru 0.92 1.01 E !I r' .- 1 ;!F,. l,r,e 0.44 0.20 El Salvador 0.19 0.20 Poland 0.95 0.98 2.81 Portugal 0.69 0.60 Germany 1.14 1.18 Senegal 0.92 1.16 0.48 Singapore 1.63 0.65 Guatemala 0.09 0.15 Spain 1.00 0.77 0.03 Sweden 1.60 1.65 India 0.13 0.37 Switzerlandb 0.82 1.01 ci,,) :r._, > | . A ^ 1:l 2 - Thailand 0.16 0.17 Ireland 0.69 1.08 Tunisia 0.80 0.67 l l,.r l' ;e,0.57 Turkey 0.55 0.41 Italy 0.77 0.71 United Kingdom 0.89 0.85 a ,,.: j 0.66 i . J -Uruguay 0.22 0.24 Japan 1.26 1.19 United States 0.51 0.89 - -Cr.,;. 0.32 0.41 Venezuela 2.61 0.95 Korea, Rep. 0.65 0.68 Zimbabwe 0.89 0.56 Madagascar 0.06 . .. a. Includes Luxembourg. b. Includes Liechtenstein. Source: World Bank staff estimates. 112 7 1998 World Development Indicators were identified, first, by ranking pollution control spending per unit of output for industries in the United States and other OECD economies, and then by ranking emission intensities (in Higb4Incomee countries generate more exports from the six most terms of air pollutants, water pollutants, and heavy metals) for polluting industries U.S. industries. The six most polluting sectors are iron and Export-import ratio steel, nonferrous metals, industrial chemicals, petroleum !' refineries, nonmetallic mineral products, and pulp and paper products. (Some highly polluting sectors such as low-technol- ogy coal-fired thermal power stations that are basically domes- ' : tic in orientation are not included.). Table 3b shows the calculated export-import ratio for . selected countries in 1986 and 1995. A ratio greater than one , . indicates that the country is a net exporter of polluting prod- - ucts. Contrary to a common perception, the results show that Low-income Lower-middle- Upper-middle- High-income with few exceptions developing countries tend not to special- countries income countries income countries countries ize in heavily polluting industries-instead, exports are lower * 1986 0 1995 than imports for the polluting sectors and the export-import Source: World Bank staff estimates. ratio is less than one. Figure 3b shows that lower-income coun- tries tend to have lower export-import ratios. Most high- income countries have ratios near or greater than one. These countries, particularly those with large resource sectors, - appear to be the source of polluting goods. Has trade liberalization in 1986-95 influenced this pattern? Trade of the six most polluting industries by region Whereas the average export-import ratio for middle-income Export-import ratio countries has fallen, those for high- and low-income countries 1 ^ increased (see figure 3b). For high-income countries the ratio increased by 29 percent, to 1.32. For the United States the increase was 75 percent. For low-income countries the increase was 71 percent, possibly the result of the rapid export growth 00 typical of the early stages of industrialization. Mexico, which has , I swiftly lowered trade barriers, had a lower export-import ratio in 1995 (0.71) than in 1986 (0.82), signaling a shift away from I pollution-intensive goods. But Sub-Saharan Africa and Asia u Sub-Saharao Middle East and Latin America and Asia tended to increase their ratios during this period (figure 3c). Africa North Africa the Caribbean There may be several explanations for these results. * 1986 01995 Environmental protection costs may be lower than wage and cap- Note: Sample includes 5 countries for Sub-Saharan Africa, 5 countries for the Middle East and North Africa. 20 countries for Latin America and the Caribbean, ital costs, so that specialization is driven largely by entrenched and 7 countries for Asia. technologies and by an economy's relative abundance of labor Source: World Bank staff estimates. and physical capital. Thus countries with a large labor supply tend to specialize in relatively "clean" labor-intensive sectors, whereas physical- and human capital-intensive countries specialize in more polluting sectors. (World Bank research finds that the five over time, however. And some resource-dependent sectors, such most pollution-intensive sectors are about three times as energy as petroleum refineries, tend to be close to the market rather intensive, twice as physical capital intensive, and 2.5 times less than to the source of the input. labor intensive than the five cleanest sectors; Mani and Wheeler 1997.) The tendency of countries to specialize in sectors in which Growth and the environment they are relatively well endowed with factor inputs is reinforced Many of the indicators in this section relate to energy production by lower trade barriers. Given that the most capital-intensive and use and to the emissions of carbon dioxide associated with economies are in the OECD, this implies that pollution-intensive fossil fuel combustion. This is because energy use is both perva- production increasingly takes place in countries with relatively sive in economic activities and pollution-intensive. While global stringent regulation. As environmental regulations become more pollutants such as carbon dioxide are emphasized in the follow- strict, however, comparative advantage may shift. Morcover, some ing indicator tables, energy production and use is also a major of these industries tend to be relatively immobile, given their source of local pollutants such as acid rain and particulates sus- heavy dependence on a natural resource as a main factor of pro- pended in air. Excess mortality and morbidity are strongly linked duction. This cannot explain changes in the export-import ratio to high concentrations of particulates. 199E World Development Indicators 113 Income elasticity of demand for motive fuels in selected Asian economies, 1973-90 Gasoline Diesel Hong Kong, China 0.89 0.56 Indonesia 1.63 1.59 Malaysia 1.62 1.53 Philippines .. 3.16 Source: World Bank staff estimates. Consumption of motive fuel (diesel and gasotine) is par- ticularly important in the urban environment because pollu- tants are emitted at ground level, where there is the greatest exposure to humans. Historical data on energy production and consumption tell much about pressures on the environment, but the rate of growth of energy demand can help indicate the likely future state of the environment. Extrapolating past growth rates is one method of analysis, but greater insight is gained by estimating one of the key determinants of energy use-the income elasticity of demand for motive fuels. This is economists' jargon for a simple ratio: the percentage change in demand for gasoline (for example) divided by the percent- age change in income. Does demand for motive fuels rise pro- portionately at a greater or lesser rate than income? The answer to this question has profound implications for the rela- tionship between growth and the environment (table 3c). The pattern is clear. Except for Hong Kong and (for gaso- line) Thailand and Bangladesh, income elasticities for motive fuels are greater than one and in many cases sharply greater. Hong Kong may be an outlier because of its limited land area, high vehicle taxes, and well-developed public transit system. Setting aside the outliers, a 1 percent increase in income leads to a 1.2-1.9 percent increase in demand for gasoline and a 1.3-3.2 percent increase in demand for diesel. Although only income elasticities are shown, the underlying analysis embodies a more complete specification of demand, including the effects of own-price and cross-price change (that is, how an increase in the diesel price would affect the demand for gasoline). Past behavior may or may not be a good guide to the future, but the pressures that growth in incomes could place on the urban environment in developing countries are evident. If eco- nomic growth rates of 6-8 percent a year are typical of countries that have made the transition to industrialization and urbaniza- tion, growth rates in motive fuel demand of 10-15 percent a year are possible. Without policies to curb pollution emissions, espe- cially of particulates, serious health consequences could follow. 114 1998 World Development Indicators AI 4 .l y _fe India i Z * _ _~~ Japan. ;,~~~~~~~~~~~~~~~~~~o c5, w0d a year =_______ es t aS _ : s . ______ * Coal Natural gas Hydropower . Renewables --;t ,: - Oil Nuclear Biomass @ Solar ; 0/:> A 700 * J~~~~r. 4444444 _~~~nr,r [a|r!,,r =8§ l., ,r>'J I[L ,, --. . - 4-,:,,,- ..jErs r on- - r . L' r,, 1-J 7-10M ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~~~, .E ~ ~ 4 - _ _ _ _ 1_ ::0_ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~-I * ~ ~ ~ 4 ___ . .. a F,~~~~~~~~~~~~~~~~~~~NO t;ern,an,______ , a' s 41 3a; _ _ _01_| _ . __rre -x __ __ - ' .:. E Sou~rce: 3 Enr7 uer1 3r-. ,lr :r,),a(.:r,I ar.¾ -1. :r 1131.~n.z .:.i i Q 4 :* u ° L.1.F ,f,:re .0 .- _' %L*: rr(.rc . r - -) r.:.unrr ~~~~~~~~~~~~~~- 0) 60 H.gn ,rJrra':ouranrew 40 r,r-ee.r;1$9- 2| :16l,v.:|{1| u ,rj:l . 1-9 ..... ..r 1,,gl ,n.:m :..6 li .9 -:. dS,w-,r The United States, European Union, and Japan contain 13 percent of the world's people-but account for 42 percent of global carbon dioxide emissions Carbon dioxiae e 's have M'ssions ~~~~~~~~avo - e MO"e- 2s ""6~~~~1 srn..:....1mn a=;.; I UiT - U PI~~~~~~~~~~~~~~~~~~~~ r~~~~~~~ -aa ._= me __~~~~~~~~~_ - I- a==- rrS .- I. _ a0 _~~~~~~~~~~~~~~~~E E *f:'D U - - O ~341 Land use and deforestation Land Rural Land use Forest I Annual area populration area deforestation density Permanent thousand people Cropland pasture Othrerland tnousandl average sq. km per sq. km % of land area % of land area % of land a'rea sq,. sq. kmn % change ±995 1995 ±980 1995 1980 1994 1980 1994 ±995 .1990-95 1990-95 Albania 27 354 26 26 15 .15 59 59 10 0 0.0 Algeria 2,382 165 3 3 15 .13 82 83 19 234 1.2 Angola 1,247 248 3 3 43 43 54 54 222 2,370 1.0 Argentina 2,737 17 10 10 52 52 38 38 339 894 0.3 Armenia 28 198 .. 25 .. 24 .54 3 -84 -2.7 Australia 7,682 6 6 6 57 54 37 40 409 -170 0.0 Austria 83 202 20 18 25 24 56 57 39 0 0.0 Azerbaijan 87 208 .. 23 .. 25 .52 10 0 0.0 Bangladesh 130 1,157 70 67 5 5 25 29 10 88 0. Belarus 207 49 .. 30 .. 14 ..56 74 -688 -1.0 BelgiuMa 33 39 24 23 23 21 53 55 7 0 0.0 Benin III 236 16 17 4 4 80 79 46 596 1.2 Bolivia 1,084 137 2 2 25 24 73 73 483 5,814 1.2 Bosnia and Herzegovina 51 516 .. 13 .. 24 .61 27 0 0.0 Botswana 567 168 1 1 45 45 54 54 139 708 0.5 Brazil ~~~~~~ ~~~~8,457 65. 6 .8 20 22 74 .71 5,511 25,544 0.5 Bulgarlia Ill 67 38 38 18 16 44 46 32 -6 0.0 Burkina Faso 274 255 10 13 22 22 68 65 43 320 0.7 Burundi 26 623 46 43 39 42 15 14 3 14 0.4 Cambodia 177 209 12 22 3 8 85 70 98 1,638 1.6 Cameroon 465 123 15 15 4 4 81 81 196 1,292 0.6 Canada 9,221 15 5 5 3 3 92 92 2,446 -1,764 -0.1 Central African Republic 623 103 3 3 5 5 92 92 299 1,282 0.4 Chad 1259 154 3 3 36 36 62 62 110 942 0.8 Chile 749 57 6 6 17 1 7 77 77 79 292 0.4 China 9,326 913 11 10 36 43 53 47 1,333 866 0.1 H-ong Kong, China 1 5,130 7 .. 7 1 1 92 92, Colombia 1,039 419 5 6 39 39 56 55 530 2,622 0.5 Congo, Dem. Rep. 2,267 429 3 3 7 7 90 90 Congo, Rep. 342 755 0 0 29 29 70 70 195 416 0.2 Costa Rica 51 600 10 10 39 46 51 44 12 414 3.0 C8e dIlvoire 318 272 10 13 41 41 49 46 55 308 0.6 Croatia 56 189 .. 22 .. 20 .59 16 0 0.0 Cuba 110 71 30 41 24 20 46 39 16 236 1.2 Czech Republic 77 114 .. 44 .. 12 .45 26 -2 0.0 Denmark 42 33 63 55 6 7 31 37 4 0 0.0 Dominican Republic 48 221 29 39 43 43 27 19 16 264 1.6 Ecuador 277 299 9 11 15 18 77 71 I11 1.890 1.6 Egypt, Arab Re.. . 995. 1j44 . 2 . 3 . 0 0 0.0 El Salvador 21 572 35 37 29 28 36 35 1 36 3.3 Eritrea 101.. .673 .. 5 . 69 ..26 3 0 0.0 Estonia 42 36 .. 27 ..7 ..66 20 -196 -1.0 Ethiopia 1,000 421 .. 12 .. 20 .69 136 624 0.5 Finland 305 74 ...1 0 ... 200 166 0.1 France 550 80 34 35 23 19 42 45 150 -1.608 -1. 1 Gabon 258 169 2 2 18 i8 80 80 179 910 0.5 Gambia, The 10 452 ... 19 20 ...1 6 0.9 Georgia 70 290 .. 16 .. 27 .57 30 0 0.0 Germany 349 93 36 35 17 15 47 50 107 0 0.0 Ghana 228 391 16 20 37 37 47 43 90 1.172 1.3 Greece 129 178 30 27 41 41 29 32 65 -1,408 -2.3 Guatemala 108 479 16 18 12 24 72 58 38 824 2.1 Guine 46 3 4 44 44 54 5364 748 1.1 Guinea-Bissau 28 279 10 12 38 38 51 50 23 104 0.4 Haiti 28 873 32 33 18 18 49 49 0 8 3.4 Honduras 112 196 16 18 13 14 71 68 41 1,022 2.3 118 1998 World Development Indicators 3.10 Land Rural Land use Forest Annual area population area deforestation density Permanent thougand people Cropland pasture Other land thousand average sq. km per sq. km t of land area % of land area % of land area sq. km sq. km % change 1595 1995 1980 1995 1980 1994 1980 1994 1995 1990-95 1990--95 H-ungar 92 75 58 54.. 14 12 28. 34 17 -88 -0.5 India 2973 410 57 5743 39 650 -72 0.0 Indonesia 1812 732 14 177777 108 084 . Iran. Islamic Rep 162 148 8.1 7 27 6 1 1 8 . Iraq ~~~437 96 12 13 9 9 78 78 1 0 0.0 Ireland 69 115 16 19 67 45 17 36 6 -140 -2.7 Israel 21 147 20 21 867 74 72 1 0 0.0 Italy 294 236 42 37 17 16 40 . 47 65 -8 -. Jamaica 11 660 22 22 24 24 54 56 2 158 7.2 Japan ~~~~ ~~~~ ~~~ ~~ ~ ~ ~ ~~377 692 13 12 2 2 85 87 251 132 0.1 Jordan 89 375 4 5 9 9 87 87 0 12 2.5 Kazakhstan 2,671 21 12 ... 70 . 1.7 105 -1,928 -1.9 Kenya 569 476 8 8 37 37 55 55 13 34 0.3 Korea, Dem. Rep. 120 504 16 17 0 0 84 83 62 0 0.0 Korea. Rep. 99 471 22 20 1 1 77 78 76 130 0.2 Kuwait 18 927 0 0 8 8 92 92 0 0 0.0 P~~ rh: ~~336 7 .. 47 . 4657 0 0.0 Lao PDR 231 417 3 4 3 3 94 93 Latvia 62 40 . 28 . 1 3 .5 9 29 -250 -0.9 Lebanon 10 236 30 30 1 1 69 69 1 52 7.8 Lesotho 30 470 .. . 6 6 6.. 0 0 0.0 Liby 1,760 41 1 1 7 8 91 91 4 0 0.0 Lithuania ... 65 35. .. 46 ..8.. 46 20 -1 -0.6 Macedonia, FYR 25 130 . 26 .. 25 49 10 2 0.0 Madagasca58r37 5 5 ~ 41 41 54 53. 151 1,300.. 0.8 Malawi 94 505 14 18 20 20 66 62 33 546 1.6 Malaysia 329 512 15 23 1 1 85 76 155 4,002 2.4 Mali 1,220 208 2 3 25 25 74 73 116 1,138 1.0 Mauritania 1,025 541 0 0 38 38 62 62 6 0 0.0 Mauritius 2 668 53 52 3 3 44 44 0 0 0.0 Mexico i'09 95 13 14 39 42 48 45 554 . 5,080 0.9 Moldova 33 118 66 . 11 .22 4 0 0.0 Mongolia 1,67 73 1 1 79 75 20 24 94 0 0.0 Morocco 446 148 18 21 47 47 35 32 38 118 0.3 Mozamnbique 784 391 4 4 56 56 40 40 169 1,162 0.7 Myanmar 658 351 1 15 1 1 84 84 272 3874 1.4 Namibia 823 121 1 1 46 46 53 53 124 420 0.3 Nepal 143 659 16 21 13 12 71 69 48 548 1.1 Netherlands 34 193 24 27 35 31 41 42 3 0 0.0 New Zealand 268 32 13 12 53 51 34 38 79 -434 -0.6 Nicaragua 121 67 11 23 40 40 49 39 56 1,508 2.5 Niger 1,267 148 . 8 8... 26 0 0.0 Nigeria 9 11 222 33 36 44 44 23 20 138 1,214 0.9 Norway 307 118 3 3 0 0 97 97 81 -10 -0.2 Oman 212 3,256 0 . 90 5 5 95 95 0 0 0.0 Pakistan 771 405 26 28 6 6 67 66 17 550 2.9 Panama 74 234 7 9 17 20 75 71 28 636 2.1 Papua New Guinea . 453 6,023 1 1 0 0 99 99 369 1,332 0.4 Parauy~ 397 105 4 6 40 55 56 40 115 3,266 2.6 Peru 1,280 182 3 3 21 21 76 76 676 2,168 0.3 Philippines 298 586 29 32 3 4 67 64 68 2,624 3.5 Poland 304 99 49 48 13 13 38 39 87 -120 -0.1I Portugal 92 278 34 33 9 10 57 57 29 -20 -0.9 Puerto Rico 9 3,022 11 9 38 26 51 65 3 24 0.9 Romania 230 107 46 43 19 21 35 36 62 12 0.0 Russian Federation 16,889 27 8 5 . 8 7 7,635 0 0.0 1398 World Development Indicators 119 0~~~3 ' Land Rural Land use Forest Annual area population area deforestation density Permanent thoLasano people Croplarrd pasture Otter and thousand average sq. km per sq. km % of land area 8k of and area of eand area sq. km sq. P,m % change 1995 1998 1980 ±995 ±980 ±994 ±980 1994 ±-995 ±990-95 ±990-95 Rwanda 25 710 41 47 28 28 30 25) 3 4 0.2 Saudi Arabia 2,150 88 1 2 40 56 60 42 2 18 0.8 Senegal 193 208 12 12 30 30 58 58 74 496 0.7 Sierra Leone 72 619 7 8 31 31 62 62 13 426 3.0 Singapore 1 0 13 2 . ....0 0 0.0 Slovak Republic 48 148 .. 33 . 1 7 ..49 20 -24 -0,1I Slovenia 20 414 .. 14 -. 25 ..61 11 0 0.0 South Africa 1.221 125 11 '13 67 67 22 21 85 1.50 0.2 Spain 499 60 41 40 22 21 37 36 64 0 0.0 Sri Lanka 65 1.549 29 29 7 7 64 64 18 202 1.1 Sudan 2.376 142 5 5 41 46 54 48 416 3,526 0.8 Sweden 412 54 7 7 2 1 91 92 244 24 0.0 Switzerland 40 668 10 11 41 29 49 60 11 0 ,0. Syrian Arab Republic 184 134 31 32 46 45 23 22 2 52 2.2 Tajikistan 141 483 . 6 .. 25 69 4 0 0. Tanzania 664 726 3 4 40 40 57 56 325 3,226 1.0 Thailand 511 278 36 40 1 2 63 58 116 3,294 2.6 Togo 54 138 43 45 4 4 53 52 12 186 1.4 Trinidad and Tobago 5 486 23 24 2 2 75 74 2 26 1.5 Tunisia 155 120 30 31 22 20 48 49 6 30 0.5 Turkey 770 77 37 35 13 16 50 48 89 0 0.0 Turkmenistan 470 177 .. 3 . 64 ..33 38 0 0.0 Uganda 200 331 26 34 9 9 63 57 61 592 0.9 UJkraine 579 46 .. 59 .. 13 ..26 92 -54 -0.1 United Arab Emirates 84 1.172 0 1 2 3 97 96 1 0 0.0 United Kingdom 242 107 29 25 47 46 24 29 24 -128 -0.5 United States 9,159 34 21 21 26 26 53 53 2,125 -5.886 -0.3 Uruguay 175 25 8 7 78 77 14 15 8 4 0.0 Uzbekistarr 4.14 327 .. 11 .. 50 ,.39 91 -2,260 -2.7 Venezuela 882 115 4 4 20 21 76 75 440 5,034 1.1 Vietnam 325 1.082 20 21 1 1 79 78 91 1,352 1.4 West Bank and Gazea. . . . .. .. Yemen, Rep. 528 702 3 3 30 30 57 67 0 0 0.0 Yugoslavia. FR (Serb./Mont.) 102 123 .. 40 - 21 ..39 18 0 0.0 Zambia 743 97 7 7 40 40 53 53 314 2,644 0.6 Zimbabwe 387 244 7 8 44 44 49 48 87 500 0.6 NEIMS IM~~~~~~ ~~IA lP K ' 11, -Y-W& 611111 (0 lVli Low income 39,294 634 12 13 31 32 56 54 6,227 38,690 0.6 Ex-c-... Ch"i'na & ..I"n'd ia .......... 2"6,'9..9'4.. 515 8 9 . 32 . 32 ..939 .4.243. 37,896 . 0.9. Middle income od . :, Lower middle income 39,310 462 10 ~ ~~~ ~ ~~~ ~~.........11. ... ......I..... .18....1.......37,888..0.3 Upp"we"r ..m i'd"die i'n"c"o"m ..e.......... ""'"" 57. 170 .... .... 7...3.32 . 5.09 jI 6.71 0. Lmo-w&n.n..mddi4Wn'c'o ..m"e .........9'9,1"78... 5-8-3 10 11 28 27 61 62 26.211 1,13.288 0.4 East Asia & Pacific 15,869 ~~~~ ~~~841 11 . 12 30 . 94 . 59 . 54 3.756 29.826 0.8 LEa t i n ..A"m..enrc"a ..& ...Ca'r'ib. 20,044 . 230 . 7 . . 28 . 29 . 85 633. 9064 .57,766 0.6 Hihincome 30.951 215 25 24 .. 6.501 -11,564 -0.2 a. inciudes Luxernbourg. 120 1998 World Development Indicators 3.1 The data in the table show that land use patterns are mate of forest cover in 1990. Forest cover data for * Land area is a country's total area, excluding area changing. They also indicate major differences in developing countries are based on country assess- under inland water bodies. In most cases the definition resource endowments and uses among countries. ments that were prepared at different times and of inland water bodies includes major rivers and lakes. True comparability is limited, however, by variations in that, for reporting purposes, had to be adapted to * Rural population density is the rural population definitions, statistical methods, and the quality of the standard reference years of 1990 and 1995. divided by the arable land area. Rural population is the data collection. For example, countries use different This adjustment was made with a deforestation difference between total and urban population (see def- definitions of land use. The Food and Agriculture model that was designed to correlate forest cover initions in tables 2.1 and 3.10). * Land use is broken Organization (FAO), the primary compiler of these change over time with ancillary variables, including into three categories. Cropland includes land under data, occasionally adjusts its definitions of land use population change and density, initial forest cover, temporary and permanent crops, temporary meadows, categories and sometimes revises earlier data, and ecological zone of the forest area under consid- market and kitchen gardens, and land temporarily fal- Because the data reflect changes in data reporting eration. Although the same model was used to esti- low. Permanent crops are those that do not need to be procedures as well as actual changes in land use, mate forest cover for the 1990 forest assessment, replanted after each harvest, excluding trees grown for apparent trends should be interpreted with caution. the inputs to State of the World's Forests 1997 had wood ortimber. Permanent pasture is land used forfive Satellite images show land use different from that more recent and accurate information on boundaries or more years forforage crops, either cultivated orgrow- given by ground-based measures in terms of both area of ecological zones and, in some countries, new ing wild. Other land includes forest and woodland as undercultivation and type of land use. Furthermore, land national forest cover assessments. Specifically, for well as logged-over areas to be forested in the near use data in countries such as India are based on report- the calculation of the forest cover area for 1995 and future. Also included are uncultivated land, grassland ing systems that were geared to the collection of land recalculation of the 1990 estimates, new forest not used for pasture, wetlands, wastelands, and built- revenue. Because taxes on land are no longer a major inventory information was used for Bolivia, Brazil, up areas-residential, recreational, and industrial source ofgovernment revenue, the quality and coverage Cambodia, Cote d'lvoire, Guinea-Bissau, Mexico, lands and areas covered by roads and other fabricated of land use data (except for cropland) have declined. Papua New Guinea, the Philippines, and Sierra infrastructure. * Forest area is land under natural or Data on forest area may be particularly unreliable Leone. The new information on global totals raised planted stands of trees, whether productive or not (see because of different definitions and irregular surveys. estimates of forest cover. For industrial countries, About the data). * Annual deforestation refers to the Estimates of forest area are from the FAO's State the United Nations Economic Commission for permanent conversion of natural forest area to other of the World's Forests 1997. which provides infor- Europe and the FAO use a detailed questionnaire to uses, including shifting cultivation, permanent agricul- mation on forest cover as of 1995 and a revised esti- survey the forest cover in each country. ture, ranching, settlements, and infrastructure develop- ment. Deforested areas do not include areas logged but intended for regeneration or areas degraded by fuel- wood gathering, acid precipitation, or forest fires. Arable land Per capita in selected countries, 1995 Negative numbers indicate an increase in forest area. Square meters 6.000 Data sources 5,000 4,000 - Data on land area and land use are from the FAO's elec- 3.000 use tronic files and are published 2,000 in its Production Yearbook. 1,000 The FAO gathers these data 0 i * * 1 1 I I I I from national agencies ,~~~ ~~~,w ,~~~~~o ~~~~ ~ ~ ~ r. ~ &through annual question- g9be .lCia. tx 8.0 7.3 10.7 7.6 8.5 6.9 8.2 2.9 -5.2 -4.5 21.700 3.5 Mauritius 6.1 5.5 6.1 5.8 5.8 5.4 6.0 5.0 0.4 -2.3 1,026 4.2 Mexico 5.9 6.9 -18.9 13.0 -16.6 18.8 30.8 17.4 -0.6 -1.6 27,581 2.4 Morocco 11.5 -2.2 6.3 2.8 -3.9 6.2 2.3 3.0 -1.7 -2.6 4,367 4.2 r1, :,, 3.5 3.3 15.9 7.4 14.4 7.8 31.0 8.8 9.7 3.2 7,040 6.4 Pakistan 4.6 3.5 2.0 -6.2 13.6 -3.1 11.3 11.4 -6.5 -6.0 1,964 1.4 Peru 2.8 6.5 10.1 12.7 0.2 9.6 9.4 9.0 -5.9 -5.5 7,093 6.9 Philippines 5.7 5.1 20.3 8.9 21.1 8.7 9.0 7.0 -4.5 -4.5 8,800 2.0 w.--j l 15.9 6.0 9.8 12.2 23.6 19.0 18.6 14.1 -2.4 -4.1 21,030 6.0 Russian Federation -4.9 0.0 -2.0 2.2 -1.6 4.6 45.5 18.0 2.6 0.9 25,721 3.3 Si.:, l. -vr,r,- 6.7 5.5 -1.6 6.8 18.5 1.3 5.8 5.5 -11.0 -8.6 3,719 3.4 South Africa 3.3 2.3 7.8 6.0 7.5 5.9 8.2 8.0 -1.6 -1.9 3,595 1.2 SI, LarI 3 3.8 6.0 3.9 3.0 2.8 8.6 10.9 9.5 -4.7 -5.1 Thailand 6.4 0.4 2.4 3.4 2.8 -7.8 5.1 6.0 -7.9 -2.6 23,000 4.3 Tr,ra;, .no T.t .: 3.2 2.9 -7.7 4.0 -2.4 2.9 4.1 5.7 1.7 -0.6 396 1.7 Tunisia 7.0 5.7 0.5 5.2 -2.9 6.9 4.4 3.6 -2.7 -2.6 2,612 3.2 l,>' #6.7 6.5 21.7 14.8 19.0 14.6 78.3 85.0 -0.8 -2.4 30,721 6.2 Venezuela -1.6 5.7 4.3 7.0 -5.9 19.4 111.4 .. 13.1 7.7 21,601 12.8 Zimbabwe 7.3 4.5 12.2 -4.4 8.1 1.3 23.0 23.5 -2.1 -3.7 399 1.4 Note: Data for 1997 are preliminary. Source: World Bank staff estimates. 174 1998 Wold Development Indicators Nominal exchange rate Real effective Money and Gross Real Interest Short- exchange rate quasi money domestic credit rate term debt local currency units average annual average annual % Of per $ % change 1990 =100 % growth 96 growth 96 9 exports 1997 1996 1997 ±.996 :1997 1996 1997 1996 1997 1996 1.997 1996 E;r.r:Iviz:r 46.6 42 71 10.6 1>7 11 136~~~~~~~~~~~~~~~~~~~~~. 60 lIt 2.8 1.1 .~~~~~~~~~ . c.e i&t 11'..' ~~~~~~~~~~~~~~~~~~~~~ 7.4 ss em:;.'; :.: 7K fec it e I Si.' I ~ ~ ~~~~~~~~~~~~~~~~~~~~~~4 14.4 44 >5 1236 1.33-i 1Ž6 1~~~~~~~I.1.? - iC' 1 3.1I 9.7 T 6 36 1 r r i 5 ~ ~ -g ~ ''SC 14 36 4 14.1 1:031 16 CE'S 1439 13>5 ~~~~~ ~~~ ~~~2.14 615 26 ICli .7 12 .>., -, QC. t~~~~~~~~~7 7K-I dC 3d ~~~~~~87.3 :3:9 r' ns aŽi '16.6 ~~~~~ ~~~1371: E 341' C.3 -16C1 194 A 0 Es MAr. Pr 3 .' -'.' I ''K' 1K' 6 11 .3 13 14 *' *: 11.8~~~~~~~~~~~~~~~O 1. 211 326 ~~~~ ~~~~~~~~~~~~~~~~~~~~201,2 .3 H I~~~~~~~i3 I.' K 1C 6. loLa :4': 21 ~~~~~~~~~~~~~~7.1 6 1)7 6 61 128E -4.~~~~~~~ C. ~17 1 915 '> '7 211 55.3 J ~~~~~~n! -3K .7Ic' 176 26 ' 66I5 636 I C1.i 13 6 6: 7 UK 1.- 17$ .1) n'.'.' '.' ' -3:' -1-I ~~~~~~~~~~~~~~ ~~~~~~~24.9 -3.6 1.9 3.8 U jl C.~~~~~~~~~~~~~~I 1K'9' .1 C 11. If r 0 9 p- '. : .K f 15.3 27 . 262 L 424 4 1~ 17 1 3'. 20.1. 1 4-1 '11 :. 23.6 Pe ru 2 7 12' 4337 2' *1O5. 15C2 1 93 7930 Foi ar,.d ( 11 1 29 2 6. -. 02 jn F~~.J~ C -'I" C Ž Ki 3 C' A 6 3.' 33 1. 1'.aI 10rOut'I'C ~~~~~~~7:i1.3 2 6 0 1.44 C, S ArrnF;c 43 ' . . 15 4 ' :' 4 03 5 i-am 3 --(1 7 : I'S 1 1 -1-, 7 6 .1 - Tnr.,i;j ;rIr. '93 3. 1 62 4 5 I ¶1- 6% 8 9 T,,,..~11 '< IK .13 17S 2 1 Note: Date for 1997 are preliminary and may not cover the entire year. Source: international Monetary Fund, international Finance Statistics: World Bank, Debtor Reporting System. 1998 World Development Indicators 175 4. 1 Growth of output Gross domnesti c Agricuilture Industry Manufacturing Services product average annual average annual average annua[ averag, annual average a nnual % growth % growth % growth 8 growth- % growth 1980-90 1990-96 i1980-90 1990-96 1980-90 1990-96 1980-90 1990-96 1980-90 1990-96 Albani'a 1.5 1.5 1.9 8.2 2.1 -11.0 . . -0.4 7.2 Algeria 2.8 0.5 4.6 3.0 2.3 -0.4 3.3 -8.9 2.9 0.8 Angola 3.7 -0.9 0.5 -9.5 6.4 4.3 -11.1 5.3 2.2 -4.7 Argentina -0.3 4.9 09.9 0. -0.9 .5.0 -05- 0.0 5.5 Armenia 3.3 -21.2 -3.9 -0.6 5.1 -28. 7 . .4.6 -19. 7 Australia .3.4 3.7 3.3 -1.2 2.9 2.2 2.0 1.8 3.7 4.6 Austria 2.2 1.6 1.1 -1.1 1.9 1.3 2.7 0.7 2.4 2.0 Azerbaeijan -. -17.7 .. -6.0 .. -10.8 ... . -11.1 Bangladesh 4.3 4.3 2.7 1.2 4.9 7.2 2.8 7.3 5.7 5.7 Belarus -. -8.3 .. -9.8 . -10..... -5.6 Belgium 1.9 1.2 2.0 3.3 ...2.8 0.3 Beni'n 3.3 4.4 5.1 5.1 1.3 4.2 ...2.6 3.8 Bolivia 0.0 3.8 2.0 - -2.9 .. -1.6 .. -0.1I Bosnia end Herzegovina- Botsawna 10.3 4.1 2.2 -12 11.1 1.8 8.8 2.6 11 7.1 Brazil 2.7 2.9 2.8 3.7 2.0 2.1 1.6 2.2 3.5 3.7 Bulgaria 4 .0 -3.5 -2.1 -3.3 5.2 -4.9 ...4.8 -0.6 Burkina Faso 3.7 2.8 3.1 3.8 3.7 1.4 2.0 9.8 4.7 2.1 Burundi 4.4 -3.8 3.1 -3.4 4.5 -8.3 5.7 -17.3 5.4 -2.7 Cambodia .. 6.5 .. 2.1.. 11.3 .. 7.8 ..8.4 Cameroon 3.3 -1.0 2.1 2.6 5.9 -5.2 11.8 -2.1 2.6 -0.9 Canada 3.4 1.9 1.5 0.7 2.9 1.8 3.2 2.7 3.6 1.8 Central African Republic 1.7 0.7 2.3 2.6 1.8 -1.9 4.9 -5.5 0.6 -0.4 Chad 6 .1 1.5 2.3 5.2 8.1 -2.5 4.4 -2.6 7.7 0.4 Chile 4.1 7.2 5.6 5.5 3.7 6.2 3.4 6.3 4.2 8.2 China 10.2 12.3 5.9 4.4 11.1 17.3 10.7 1 7.2 13.6 9.6 Hong Kong, China 6.9 5.5....... Colombia 3.7 4.5 2.9 1 .2. 5.0 2.9 3.5 1.4 3.1 6.8 Congo, Dem. Rep. 1.6 -6.6 2.5 3.0 0.9 --15.9 1.6 -13.4 1.2 -17.4 Congo, Rep. 3.6 0.1 3.4 0.7 5.2 2.0 6.9 -1.9 2.5 -1.8 Costa Rice .3.0 4.3 3.1 3.2 2.8 4.0 3.0 4.3 3.1 4.8 C6te dIhvoire 0.8 2.4 0.3 2.3 4.4 3.4 3.0 1.6 -0.2 2.0 Croatia .. -1.0 .. -4.4 .. -8.2 ... . -3.9 Czech Republic 1.7 -1.0 .. -8.2 .. -5.2 ... . -3.6 Denmark 2.4 2.2 3.1 1.7 2.9 1.9 1.4 1.3 2.2 2.0 Dominican Republic 3.0 4.7 0,4 3.3 3.6 5.2 2.9 3.8 3.5 4.6 Ecuador 2.0 3.2 4.4 2.6 1.2 4.4, 0.0 3.2 1.8 2.6 Egypt, Arab Rep. 5.3 3.7 2.7 2.8 5.2 3.9 .. 4.3 6.6 3.4 El Salvador. 0.2 5.8 -1.1 1.2 0.1 5.3 -0.2 5.3 0.7 7.5 Eritreea., .... .. Estonia 2.1 -6.5 .. -6.5 .. -11.6 ... . -1.7 Ethiopia' 2.3 3.9 1.4 2.3 1.8 3.0 2.0 3.3 3.1 6.7 Finland 3.3 0.3 -02 0.9 3.3 1.0 3.4 4.3 3.7 -1.6 France 2.4 1.1 2.0 0.1 1.1 -0.3 0.8 0.0 3.0 1.6 Gabon -0.5 2.3 1.4 -2.7 0.6 2.7 -3.8 0.2 -1.8 2.8 Gambia, The .3.0 2.6 0.7 1.1 5.4 1.4 6.7 1.6 4.0 3.5 Georgia .. -26.1 . .. .. Germanyn' 2.2 .. 1.7 . 1.2 .. .. .2.9 Ghana 3.0 4.4 1.0 2.6 3.3 4.3 3.9 2.6 6.4 6.4 Greece 1 .8 1.6 -0. 1 3.1 1.3 -0.8 0.5 -1.7 2.3 1.6 Guatemala 0.8 4.2 2.3 2.8 2.1 4.0 ...2.1 4.8 Guinea .. 3.9 . 4.4 .. 2.7 ... 4.4. Guinea-.Bissau ..4.0 3.5 .4.7 4.8 2.2 2.2 ...3.7 2.0 Haiti -0.2 -5.0 .. -0.8 . -13.7 ... . -5.2 Honduras 2.7 3.5 2.7 3.1 3.3 4.0 3.7 3.7 2.5 3.7 176 1998 World Development Indicators 4.1 Gross domestic Agrlculture Industry Manufacturing Services product average annual average annual average annual average annual average annual % growth % growth % growth % growth % growth 1980-90 1990-96 1980-9O 1990-96 1980-90 1990-96 1980-90 1990-96 ±980-90 1990-96 Hungary .6 -0.4 0.6 -5.0 -26 1..36 32 Indonesia 6.1J .... 7..7 .........3.4 .. .. ..2..8 .........6.9 10 2... .... 12.6 11.1 7.0 7.4 Iran, Islamic Rep. 1.5 .. .....4:2 4.5 4~8 ........3:3 3.8 45.5 4:6 .... . -0.3 4:2 Iraq-6.8 .. .. .. Irelan d . . .. I . . .. . . . .. . . . .. . . . .. . .. 3 2 6.1.. . . . . . . . . . . . . . . .. . . I . . .. .. . . . . . ... ... .. .. . . . . Israel 3.5 6.4 . Italy...........2..4 .. 1. . 0. 0. . ...... .1 1.4 . 2.9 1.0 Jamaica .. ...2.0 0... ....O.8, 0.6 6-.7 ..... ...2.4 ... .. -0.2 .. .. . 2.7 -1.4 1. 9 ........0:8 Japan 4.0 1~4 ..... ..13 -2.0 42.........02 _..2 .. . 48.8 . 0 0 .. . . 3.9 ... .... 20 Jordan 2.6 7.6 6:8.8 ..... -3.7 1.7 10.9 0.5 .......10:8.8 . .... 2.1 6.3 Kazakhstan . -10..5 -15.3 . -15 7 . Kenya 4.2 1.9 3.3 0.6 39 1.8 ........ 4.9 2.5 4.9 3.5 Korea, Dem. Rep. .. .. Korea, Rep. 94 7.3 2.8 1.8 13.1 .. .... 7~5..... 13:2 ...... .7.9 8.2 8.0 K uwa.I...t ...... .0..I. . 9...1 22.. 14........ . 7.... ........... . .. 1. . 0... ..2 .....0... . 9...... . .... .... Kyrgy Republic ............I-12-.3 . ..._.... 7........ -4.6 . -21 7 . -13 4 Lao PDR 3.7 6.7 3.5 4.4 6.1 12.1 89 12:9' .. 3,3 .......8:0 Latvia 3.4 --10.7 .........2.3 -13 4:3 -20.2 4 4 ......-20 :1 .... 3.1 -1.2 Lebanon 78.2 9.3:I.., .. .-.:. : Lesotho 4.3 6.7 2~.0 ...... -0.8 ...... . 7.1 ......12~5.5 . . .. 13.6 9.4 ... 5.1 .... ... 5:9 Libya -5.7 .... Lithuania . -6.0 . 8.7 . -10.4 ..-4 6 Macedonia, PIYR -9~.1 . . .. Madagascar 1.1 04 .........2.5 .........18 ........0!9 0. . .... 5 1.9 3.5 0.3 .... . 0:4 Malawi 2.3 2.6 2.0 5.1 2.9 1.1 .........3.65 0.7 3.5 .. ...-2 5 Malasa 5.2 873.8 1.9 7.2 11.2 .........8.9 132 4.2 .... 8:5 Mali ....I... 2,.9 . .... 2~8 .........3.3 3.3 4.3 5.6 6.8 ... 4:9 2.1 1.5 Mauritania1.7 4.1 ........ 1.7 4.7 4.9 4.1...-2.14 2.1 0.3 3.8 Mau ~ ritius 6 2 .. ......5-.0 ..... 2.9.0.2 10.3 ........57.7 .. . -1.1 5.7 5.4 .... ...6:3 Mexico1.1 J.18 08 12 11 1.8 1.5 20 1.2 1:9 M old... a ol. -16.7 .......... -14..7 ... ...... ... -23 .7. -1 .... ..... . ..... ... .2.3 Mongolia Morocco 4.2 2~1 .........6:7 .......-0.7 ...3.0 2.1 41.1 __ 25 .. 4.2 2.9 Mozambique 1.7 7.1 5.5 4.2 -5.2 1.4... 13.6 11.9 M y:anrnar ...... .............9 ~ ... .... 0. .8~.... 0...... 5 ........6.2 .........0.5 .......10.7 .. .... _-0 2.2 . 8 5 .........0 7 6 4 Namibia 1.2 4.1 1.2 4.6 ~~~~ ~~~~ ~~~-0O1 .........2.9. .... 7.8 3.8014 Nepal 4 .65.1 4.0 1.9 6.0 8.5 .........3.~7 .......120 48.... .. ... . . 6.9 Netherlands 2.3 2.2 3.4 3.7 1t .6... . . 1.2 .. ~2.3 1..... .A7 2.62.3 New Zealand 1.7 3.3 39_.9 ...... 0.9 1.1 3,8.8..... . 0.4 4.4 1.8 ......34 Nicaragua-2 0 2.1 -2.2 ... ...4.4 -1..2. -3.1 0.6 -2.0... . 0.. 4 Niger -1.1 1.0 178 2.8 -I 7.. .....0.2 1.2... -2.9 -0.2 Nigeria 1.8 2.6 33.2.4.-1..0.5.0.7.1.5 4.4 4 Norway 2.8 3.9 -02_.2 ..... 4.4 ......._33 _.3 ... 5.2 0.1 2:2 ..... 2.7 2.8 Oman8. 7910.3 . 20:6 6.0 Pakistan 6.3 4.6 43.3 ....... 3.8 7.3 5 5. 7.7 ....... 5:5.5 ....... 6.8 ~... .. .5.0 Papua.New Guna1.9 7.6 1.8 4.8 1-9 ........13~6 . ......0!1 5.2 2.0 ........40 Paraguay 2.5 3~i 1 .. .... 3..6 2.7 -0.3 2.2 2.1 1.2 ...... 3.4 ..... 3.7 Peru -0.3 8. .. . 0.. ~ .......... 5... . 6... 5,165 . 5.8 Philippines 1.0 2.9 1.0 17 -0:9 3.1 0.2 2.6 2.8........ 3.3 Poland 1.9 3 2.2 ....... -0.1 -1.6 -0 9..9 .. ... 4 7 ........... ...... ... ... .... 5.1 3.0 P ru a.2....I.............. . 9........... 14. .. .... ......-1.8 .... .. ....-0 . ......I... Puerto Rico4 13.0 1.8 . .. .......... ....3:6 1.5. 4.6 I.... Romania 0.5 0.... . 0... OO........ .. . .... ..-0.4 .........-2.1 . .-2. Russian Federation 2.8 -9 .0 . 8 -11 0... 8.4 1968 World Development Indicators 177 4.1 Gross domestic Agriculture Industry Manufacturing Services product average annual average annual average annuai a~erage vnnue, aeage d-f.a % growto ~~~~~% growth Cgrowth ' rwn3got 1980-90 1990-96 1990-90 199-6I18-0 1990-96 1980-90 1990-96 1980-90 1990-96 Rwanda 2.6 -9.7 0.5 -8.4 2.6 -1 4.9 2.6 -16.6 6.6 -9.0 Saudi Arabia -1.2 1.7 13.4 .. -2.3 ..7.5 .. -1.2 Senegal 3.1 1.8 3.3 2.3 4.1 3.1 4.6 3.5 2.6 1.3 Sierra Leone 0.6 -3.3 3.1 -1.5 1.7 -6.4 ... -2.6 -3.2 Singapore 6.6 8.7 -6.2 1.3 6.4 9.1 6.6 7.9 7.6 8.6 Slovak Republic 2.0 -1.0 1.6 1.9 2.0 -7.2 - .0.8 6.4 Slovenia 4.3 .. -0.2 .. 0.1 -.... 3.6 South Africa 1.2 1.2 2.9 1.4 0.0 0.5 -0, 1 0.6 2.3 1.6 Spain 3.2 1.3 .. -4.8 . -1. 1 .. -0.7 .. 1.7 Sri Lanka 4.2 4.8 2.2 1.7 4.6 6.6 6.3 6.6 4.7 6.1 Sudan 0.6 6.8 0.0 -. 2.68. 3.7 .0.4 Sweden 2.3 0.6 1.6 -1.9 2.8 -0.7 2.6 0.8 2.1 -0.6 Swivtzerlandl 2.2 -0.1 -. -.. .. Syrian Arab Republic 1.5 7.4 -0.6 .. 6.6 ... .0.4 .Taji,kis,tan. -~16.4 . .. . Tanzania' .. .. . .- Thailand 7.6 8.3 4.0 3.6 9.9 10.3 9.5 10.7 7.3 7.9 Togo 1.8 -0.6 5.6 0.1 1.1 0.6 1,7 -01 -0.3 -2.0 Trinidad and Tobago . -.5 1.2 -5.8 13 -5.5 .8 -10.1 1.1 -3.~3 0.8 Tunisia 3.3 4 .1 2.8 -0.1 3.1 4.3 3.7 6.2 3.6 5.2 Turkey 5.3 3.6 1.3 1.2 7.8 4.6 7.9 6.3 6.6 3.7 Turkmenistan -9.6 . .. .. Uganda .3.1 7.2 2.3 4.0 6.0 12.2 4.0 13.4 3.0 6.6 Ukraine -13.6 .. -26.1 .. -20.0 ... . -6.0 United Arab Emnirates -2.0 .. 9.6 9.3 -4.2 -1.8 3.1 1.3 2.0- United Kingdom 3.2 1.6 United States 2.9 2.4 4.0 3.6 2.8 1.2 3.1 1.6 2.9 1.6 Uruguay 0.4 3.7 0.1 4.4 -0.2 0.4 0.4 -1.0 0.9 5.6 Uzbekistan -3.5 -. -1.8 .. -6.0 .. -6.6 .. -2.3 Venezuela 1. 1 1.9 3.0 1.1 1.6 ~ 3.1 4.3 1.5 0.6 1.0 Vietnam 4.6 8.5 4.3 5.2 .. 13.3 ... .5 West Bank and Gaza . .. .. Yemen, Rep. 2.8 .. 2.9 .. 2.9 ... 2.7 Yugoslavia, FR (Serb./Mont.)......... Zambia 0.8 -1.1 3.6 0.5 1.0 -3.2 4.0 -1.9 0.1 0.5 Zimbabwe 3.0 1.3 2.4 4.5 3.0 -2.1 2.9 -3.7 2.5 2.5 Low income 6.1 7.6 3.7 3....................... :. 5.. ... . 80.0 . .. .12.2 8.7 .13.2 .7.1 6.8 Err,cl. "Ch'i'na --& ..I'n"d ia 3.2 3.1 31 29 ......3.4 Middle 'inc-ome 2.1.... 0.8' . .5 3.8 Low er . 'idd ""'""om..............2:7........ '".7....................... ......... .... m iddle..... .incom e 2.7..........-0.7.... .. .. ... .... ULppe mdlinoe14 292.5 1.7 0.7 2.9 1.3 3.4 2.0 3.7 jo-' ..&.. j ddej n--o.. m, ......2.9. 3.2..3 2..........4..3 .. . 4....6..... 3...... 4.6.' East Asia & Pacific 7.7 10.2~ 4.8 4~.0 8.9 145978. .9 8.3 Europe & Central ....Asia .. 2.9... Z ... ... -.6.4 .................. .......... .............. .......... .. ... .. .. La"t in ..Am ..er'i'ca ..&.. C-a,r,ib............ 1'.8 ... 3.2 2.0 2.5 1.42.12 2 6 1.9 3.8 Middle East& N. Africa 0.4 2.6 ~~~~ ~~~~4.6 3.2 1.3 .. .j. S'o u"th ..A"s ia 5............... ..7.... ...........6.6 ... ... 3.2 3.0 6. 6.7 7.2 7.46.67 Sub-Saharan Africa 1.7 2.0 1.3 2.1 1.1~ ~~~~ ~~~ ~ ~~~~~ 0.9 1.3 08 2.2 2.0 Hihincome 3.2 2.0 2. .j.2 0.7~... . 3.5 0.4, 3.3 1.9' a. Dats prior to 1992 inclade Eritrea. b. bate prior to 1990 refer to the Federal Republin of Germnany before anifiateon. n. Data Goner mainiand Tanzania orny 178 1998 World Deveiopwent Indicanors 4.1 Growth rates are calculated using constant price data home use, barter exchanges, and illicit or deliberately * Gross domestic product at purchasers' prices is in the local currency. Regional and income group unreported activity. How consistent and complete such the sum of the gross value added by all resident and growth rates are calculated after converting local cur- estimates will be depends on the skill of the compiling nonresident producers in the economy plus any taxes rencies to U.S. dollars using the average official statisticians and the resources available to them. and minus any subsidies not included in the value of exchange rate reported by the International Monetary the products. It is calculated without making deduc- Fund for the year shown or, occasionally, an alterna- Rebasing national accounts tions for depreciation offabricated assets orfor deple- tive conversion factor determined by the World Bank's Countries occasionally rebase their national tion and degradation of natural resources. Value Development Data Group. The growth rates in the accounts by collecting a complete set of observa- added is the net output of a sector after adding up all table are annual average compound growth rates. tions on the value and volume of production in a new outputs and subtracting intermediate inputs. The Methods of computing growth rates and the alterna- base year. Using these data, they update price industrial origin of value added is determined by the tive conversion factor are described in Statistical indexes to reflect the relative importance of inputs International Standard Industrial Classification (ISIC), methods. and outputs in total output, and generate volume rev. 2. * Agriculture corresponds to ]SIC divisions indexes to reflect relative price levels. The new base 1-5 and includes forestry and fishing. * Industry Measuring growth year should represent normal operation of the comprises value added in mining, manufacturing (also An economy's growth is measured by the increase in economy-that is, a year without major shocks or dis- reported as a separate subgroup), construction, elec- value added produced by the individuals and enter- tortions. But the choice of base year and the timing tricity, water, and gas. * Manufacturing refers to prises operating in that economy. Thus measuring real of economic surveys are also determined by admin- industries belonging to divisions 15-37. * Services growth requires estimates of GDP and its components istrative convenience, resource availability, and inter- correspond to ISIC divisions 50-99. valued in constant prices from one period to the next. national agreement. Some developing countries have In principle, real value added can be estimated by not rebased their national accounts for many years. Data sources measuringthe quantity ofgoods produced in a period, Using an old base year can be misleading because valuingthem at an agreed setof base yearprices, and implicit price and volume weights become progres- National accounts data for developing countries are subtracting the cost of inputs, also in constant prices. sively less relevant and useful. collected from national statistical organizations and This double deflation method, recommended by the The World Bank collects constant price national central banks by visiting and resident World Bank mis- United Nations (UN) System of National Accounts, accounts series in national currencies and the coun- sions. Data for industrial countries come from OECD requires detailed information on the structure of try's original base year. To obtain comparable series data files. The World Bank rescales constant price prices of inputs and outputs. In some sectors, how- of constant price data, GDP and its main sectoral com- data to a common reference year. The complete ever, value added is extrapolated from the base year ponents by industrial origin (agriculture, industry, and national accounts time series is available on the using volume indexes of inputs and outputs. In other services) are rescaled to a common reference year, World Development Indicators CD-ROM. For informa- sectors, particularly services, real output is imputed currently 1987. This process gives rise to a discrep- tion on the OECD national accounts series see OECD, from labor inputs, such as real wages or the number ancy between the rescaled GDP and the sum of the National Accounts. 1960-1995. volumes 1 and 2. of employees. The real output of governments and rescaled components. This discrepancy is allocated other unpriced services are calculated in the same to the estimate of services value added on the output way. In the absence of well-defined measures of out- side and to private consumption expenditure on the put, measuring the real growth of services remains expenditure side. problematic. Technical progress can lead to improvements in Changes in the System of National Accounts production and the quality of goods. If not properly Most countries use the definitions of the UN System accounted for, either effect can distort measures of of National Accounts (SNA), series F, no. 2, version 3. value added and thus of growth. When inputs are used referred to as the 1968 SNA. Version 4 of the SNA to estimate output, as in services, unmeasured tech- was completed in 1993. Until new economic surveys nical progress leads to underestimates of the quan- can be implemented, most countries will continue to tity and real value of output. Unmeasured changes in follow the 1968 SNA. A few low-income countries still the quality of goods produced also lead to underesti- use concepts from older SNA guidelines, including val- mates of real value. The result can be underestimates uations such as factor cost and market prices, in of real growth and productivity change and overesti- describing major economic aggregates. mates of inflation. Nonmarket services pose a particular problem, especially in developing countries, where much eco- nomic activity may go unrecorded. Obtaining a com- plete picture of the economy requires estimating household outputs produced for local sale and for 1998 World Deveiopment Indicators 1 79 4.2 Structure of output Gross domestic I Agriculture I Industry Manufacturing Services product value added Value added value added value added S ilin % of GDP %, of GDP ofGP/ -GD 1980 1996 1980 1996 1980 1996 1980 1996 .1980 1996 Algeria 42,345 45,699 10 13 54 48 9 6 36 38 Angola 6,721 7 -. 69 7 ..24 Argentina 76,962 294,687 6 6 41 31 29 20 52 63 Armnenia 1,454 16 44 56 35 25 25 20 Australia 160,109 392,507 5 4 36 28 19 15 58 68 Austria 78,539 226,100 4 2 36 31 25 20 60 68 Azerbaijan .. 3,650 ..23 ..19 -. 18 ..56 Bangladesh 12,950 31,824 50 30 16 16 11 10 34 52 Belarus .. 19,346 ..16 ..41 ..35 ..43 Belgium 118,915 264.,400 2 1 ...22 1 _9 Benin 1,405 2,210 35 36 12 14 6 8 52 49 Bolivia 3,074 6,131 16 . 35 .15 ..47 Bosnia and Herzegovina Botswana 1.035 4,936 11 4 45 46 4 5 43 50 Brazil 2505 748.916 11 14 44 36 33 23 45 50 Bulgaria 20,049 9,464 14 10 54 33 . .32 57 Burkina Faso 1,709 2,538 33 35 22 25 16 19 45 40 Burundi 920 1,137 62 57 13 17 7 17 25 26 Cambodia .. 3,125 ..51 ..15 -. 5 -. 35 Cameroon 6,74-1 9,252 29 40 23 22 9 10 48 39 Canada 263,193 579,300 . .. .. Central African Republic 797 1,062 40 56 20 18 7 7 40 26 Chad 727 1,172 54 46 12 16 -. 15 34 38 Chile 27.572 74,292 7 ..37 .21 ..55 China 201,668 615,412 30 21 49 48 41 38 21 31 Hong Kong, China 28.495 154,767 1 0 32 16 24 9 67 84 Colombia 33,397 85.202 19 16 32 20 23 16 49 64 Congo, Bem.Rnp. 14,922 6,904 25 64 33 13 14 5 42 23 Congo. Rep. 1.706 2,386 12 10 47 34 7 6 42 56) Costa Rica 4,615 9,015 16 16 27 24 19 18 55 60 C6te dIfvoire 10.175 10,668 29 28 20 21 11 13 51 51 Croatia .. 19.081 .12 ..25 .20 ..62 Czech Republic 29,123 54.890 7 6 63 39 ...30 55 Denmark 66,322 174,247 Domninican Republic 6,631 13,169 20 13 28 32 15 17 52 55 Ecuador 1,733 19,040 12 12 38 37 16 21 50 51 Egypt, Arab Rep: 22.913 67,691 18 17 37 32 12 24 45 51 El Salvador 3,574 10,469 36 13 22 27 16 21 40 60 Eritrea ... .10 .27 ..15 .63 Estonia .. 4,353 ..7 ..26 ..16 ..65 Ethiopiaa 5,179 5.993 56 55 12 10 8 32 36 Finland 51.306 123,966 . .. .. France 664,595 1.540.100 4 2 34 26 24 19 62 71 Gabon 4,279 5,704 7 7 60 52 5 6 33 41 Gambia, The 233 363 30 28 16 15 7 7 53 56 Georgia .. 4,308 24 35 36 35 26 20 40 29 Germany ..2,353,200 I.1. .. 24 Ghana 4,445 6,344 56 44 12 17 6 9 30 39 Greece 48.613 122,946 . .. .. Guatemala 7,879 15.817 ..24 ..20 .14 ..56 Guinea .. 3,934 ..26 ..36 ..5 ..39 Guinea-Bissau 195 271 44 54 20 11 .0 36 35 Haiti 1,462 2,617 ..42 ..13 9.2. 45 Honduras 2.566 4,011 24 22 24 31 15 18 52 47 180O 1998 World Developmnent rsdicators sTe sjoleoopul juowdo(GaAe P[IOM 866T r~~~~~~~~~~~~~~~~~~~~~~~~~~~ r ..rr 88 65~~~~~~~~~~~~~~~~~~~~~e cTOi!4 olJend 6.................. LVVT &.9'860.S . PUeid . .....6t~~~~~se 6os~~~~.s.s... .u. ... z 61'& 9~~~ 6z' ~~~ ~r -' .*, I, T 21 -~~~~~~~~.. . . .. . . .. .. 99 ½ ~~~17 . OS SS . 17 . V . 1769~~~~8T AeMioTN yr .:c I: C~~~~~~~~~~~~~~~~~~~~~~~~. . .... .. L... . ... r.. r. .. 02.17..... 6;17~.S'L .7.V . 17. 19 . r r i 65 . . .~~~~~~t........~6,...... . .b.......... .......... 17 64 ~~ 6ST 57'T.odo VS.6.~~~~~~6 .;. . ½ SO OT~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~. ........ ... ..... § * 69 . 0o7 . 1717.S . 9 . GLt'S LL'6T. SC. ..L L.ST.ej tv ov ve ~~~~~~~~t~~~ 9t,~~~~ 8c ST zz &tW SSVte e!SAej2Vj~~~~~~~~~~~~~~~~I2V .. ~ ~ ~ ~ S ...... ..76 .9V....7 179 VS.ST. ;..eAqfl~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ . .... LIV . LV . 2LT . L . e5 . 61 . TT . 917 689 695 oL41osal T9 LT.S~T . 66ST uoue6q6 : . ..~~~~~~~CC T " ... 6z 619. t7LT Iqnda8-AR9,04 9½-S ST 4 .. .6 ~ ~ ~ 6~ !emn T9 SV . 917 .. 09 . .. LLVVOV .½~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~9'59........... .s9O5L. V9.VVL~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~666 owzrpe 98 ... T . 95 95 91799.~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~. .. ..... 966 06T 966 06T 966 06T 966 06 0969T 06617 d(3 ~o% dID 0 %d(I ~ % 59929. suiSiI popt' ½.91e7n A9T.f nlA OPOOne 4npi TV VAJS. ST . SV . SV . I fusnulsT . 917.jOV 1717uo STO'82 4.2~ Gross domestic Agriculture Industry r Manufacturing Services product value added value added value added value added $ mjlioros 5of GDP % f GDP of GDP 'oof GOP 1980 1996 1980 1996 1980 1996 1980 1996 1980 1996 Rwanda 1,163 1,330 50 40 23 14 17 14 27 45 Saudi Arabia 156.487 126,266 1 .. 81 ..5. 18 Senegal .3,016 5.155 16 18 21 17 13 11 63 65 Sierra Leone 1,199 940 33 44 21 24 5 6 47 32 Singapore 11.718 94,063 1 0 38 36 29 26 51 64 Slovak Republic .. 18,963 ..5 .. 31 6.. . 4 Slovenia .. 18,558 ..5. 38 . 28 ..57 South Africa 78,744 126,301 7 5 50 39 23 24 43 57 Spain 211.542 581,600 ..3 . . Sri Lanka 4,024 13.912 28 22 30 25 18 16 43 52 Sudan 6,760 .. 34 .. 14 .7 ..52 Sweden 125,557 250.240 . .. .. Switzerland 102,719 293,400 . .. .. Syrian Arab Republic 13,062 17,587 20 .. 23 ..56 Tajikistan .. 2,033 . .. .. Tanzania' . 5,838 .. 48 .. 21 ..7 ..31 Thailand 32,354 185.048 23 11 29 40 22 29 48 50 Togo.1.136 1,420 2735 25 23 8 11 48 42 Trinidad and Tobago 6,236* 5,464 2 2 60 45 9 9 38 53 Tunisia 8,742 19,516 14 14 31 28 12 18 55 58 Turkey 68,790 181,464 26 17 22 28 14 16 51 55 TurKmenistan .. 4,310 . .. .. Uganda 1.245 615 72 46 4 16 4 8 23 39 Ukrai'ne .. 44,007 .. 13 .. 39 ... .48 United Arab Emirates 29.625 39,107 1 .. 77 .4 ..22 United Kingdom 537.382 1,1i45.801 United States 2,709 000 7.341,900 3 .. 33 .22 ..64 Uruguay 1012 1,8 49 34 26 26 18 53 65 Uzbekistan .. 25,198 .. 26 .. 27 ..8 ..47 Venezuela 69,377 67,311 5 4 46 47 16 18 49 49 Vietnam .. 23.340 .. 27 .. 31 ....42 West Bank and Gaza ... . . .... Yemen, Rep. .. 6,016 .. 18 .. 49 .. 11 ..34 Yugoslavia, FRl(Serb./Mont.) Zambia 3,884 3,388 14 18 41 41 18 29 44 42 Zimbabwe 5,355 7,550 14 14 36 28 25 19 50 59 Low income 702,232 1.535,031 33 27 35 35 26 25 32 37 Exci. China & India 375,820 349.196 32 34 26 24 12 12 42 42 Middle income 2,373,585 4.374,039 12 11 45 36 . .43 53 Lower middle incomne ..2,090,188 15 12 43 37 ..42 51 Upper middle income 1,021,067 2,258,327 8 9 48 34 24 23 4457 Low & middle income 3,061,860 5,924,712 18 15 42 34 22 22 40 51 East Asia & Pacific 465,223 1,553.518 28 20 44 44 32 33 28 36 Europe & Central Asia ..1,118,817 .. 11 .. 36 ... .53 Latin America & Carib. 758,650 1,875,727 10 10 40 33 27 21 50 57 Middle East & N. Africa 459.114 .. 12 .. 48 9 ..40 South Asia 219,283 480,044 38 28 25 28 17 19 37 44 Sub-Sa!hararn Africa 264,750 305,131 22 24 35 30 14 15 43 46 High Income 7,810.607 22,756,455 3 .. 36 .24 ..61 s. Oats prior to 1992 Include Entree. b. Data cover mainland Tuoanzni only. 1812 1998 World Developwent Indicators 4.2 Output by industrial origin is the sum of the value of For further discussion of the measurement of agricul- * Gross domestic product at purchasers' prices is gross output of producers less the value of interme- tural production see the notes to table 3.3. the sum of the gross value added by all resident and diate goods and services consumed in production. The output of industry ideally should be measured nonresident producers in the economy plus any taxes This concept is known as value added. A country's through regular censuses and surveys of firms. But in and minus any subsidies not included in the value of gross domestic product (GDP) represents the sum of most developing countries such surveys are infrequent the products. It is calculated without making deduc- value added by all producers in that country. Since and quickly go out of date, so many results must be tionsfordepreciation offabricated assets orfordeple- 1968 the United Nations (UN) System of National extrapolated. The sampling unit, which may be the tion and degradation of natural resources. * Value Accounts (SNA) has called for estimates of GDP by enterprise (where responses may be based on financial added is the net output of a sector after adding up all industrial origin to be valued at either basic prices records) or the establishment (where production units outputs and subtracting intermediate inputs. The (excluding all indirect taxes on Factors of production) may be recorded separately), also affects the quality of industrial origin of value added is determined by the or producer prices (including taxes on factors of pro- the data. Moreover, much industrial production is orga- International Standard Industrial Classification (ISIC), duction, but excluding indirect taxes on final output). nized not in firms but in unincorporated or owner-oper- rev. 2. * Agriculture corresponds to ISIC divisions Some countries, however, report such data at pur- ated ventures that are not captured by surveys aimed 1-5 and includes forestry and fishing. * Industry chasers' prices-the prices at which final sales are at the formal sector. Even in large industries, where reg- comprises value added in mining, manufacturing (also made-which may affect estimates of the distribu- ularsurveysare more likely, evasion ofexcise and other reported as a separate subgroup), construction, elec- tion of output. Total GDP as shown in the table and taxes lowers the estimates of value added. Such prob- tricity, water, and gas. * Manufacturing refers to elsewhere in this book is measured at purchasers' lems become more acute as countries move from state industries belonging to divisions 15-37. * Services prices. GDP components are measured at basic control of industry to private enterprise, because new correspond to ISIC divisions 50-99. prices. When components are valued at purchasers' firms enter business and growing numbers of estab- prices, this is noted in Primary data documentation. lished firms fail to report. In accordance with the SNA, Data sources While GDP by industrial origin is generally more output should include all such unreported activity as reliable than estimates compiled from income or well as the value of illegal activities and other National accounts data for expenditure accounts, different countries use dif- unrecorded, informal, or small-scale operations. Data X iI developing countries are col- ferent definitions, methods, and reporting stan- on these areas need to be collected using techniques ; lected from national statisti- dards. World Bank staff review the quality of national other than conventional surveys. cal organizations and central accounts data and sometimes make adjustments to In sectors dominated by large organizations and t . r banks by visiting and resident increase consistency with international guidelines. enterprises, such as public utilities, data on output, World Bank missions. Data Nevertheless, significant discrepancies remain employment, and wages are usually readily available for industrial countries come between international standards and actual prac- and reasonably reliable. But in the service sector the from OECD data files (see tice. Many statistical offices, especially those in many self-employed workers and one-person busi- OECD, National Accounts, 1960-1995, volumes 1 developing countries, face severe limits on the nesses are sometimes difficult to locate, and their and 2). The complete national accounts time series is resources, time, training, and budgets required to owners have little incentive to respond to surveys, let available on the World Development Indicators produce reliable and comprehensive series of alone report their full earnings. Compounding these CD-ROM. national accounts. problems are the many forms of economic activity that go unrecorded, includirng the work that women and Data problems in measuring output children do for little or no pay. For further discussion Among the difficulties faced by compilers of national of the problems of using national accounts data see accounts is the extent of unreported economic activ- Srinivasan (1994) and Hesten (1994). ity in the informal or secondary economy. In develop- ing countries a large share of agricultural output is Dollar conversion either not exchanged (because it is consumed within To produce national accounts aggregates that are inter- the household) or not exchanged for money. Financial nationally comparable, the value of output must be con- transactions also may go unrecorded. verted to a common currency. The World Bank Agricultural production often must be estimated indi- conventionally uses the U.S. dollar and applies the aver- rectly, using a combination of methods involving esti- age official exchange rate reported by the International mates of inputs, yields, and area undercultivation. This Monetary Fund for the year shown. An altemative con- approach sometimes leads to crude approximations version factor is applied if the official exchange rate is that can differ over time and across crops for reasons judged to diverge by an exceptionally large margin from other than climatic conditions or farming techniques. the rate effectively applied to domestic transactions in Similarly, agricultural inputs, which cannot easily be foreign currencies and traded products. Shares of out- allocated to specific outputs, are frequently 'netted put by industrial origin are calculated from data in local out" using equally crude and ad hoc approximations. currencies and current prices. 1938 World Development Indicators 183 4.3 Structure of manufacturing Value added In Food, Textiles Machinery Chemicals Other manufacturing beverages, and clothing and transport manufacturing' and equipment tobacco $ millions % Of total % of total % of total % of total 9. 18% of total 1980 1991 1990 1995 1950 1995 1990 1995 1980 199 190 1995 A lbania ... .. . ....... .. ...... .. Algeria 3,257 3,154 27 113 18 14 10 15 3 5 43 54 Angola... 383 . . * Argentin 22.685 56,50 91 . 1 . 4 Armenia . ..35 ....... . Australia 30,722 51,706 17 7 .. 21 . 7 .. 46 Austria 19,263 46,451 16 15 10 5 25 29 7 8 42 42 Azerbaijan . 725 .. .... Bangladesh 1,422 2,804 24 43 4 16 .. 14 Belarus 6,152 . . . . . Belgium 25,773 51,744 17 18 8 7 24 11. 15 40 53 Benin .....112 .174 . 59 14 ..6 .. 21 Bolivi-a 449 28 34 11 5 4 1 3 3 54 57 Bosnia and Herzegovina Botswana 43 ..217. 46 ... 16 ..... 38 Brazil 71,098 140,179 14 11 .. 25 .. 11 40 Bulgaria . .. 19 .. 10 . 12 . 5 .. 54 Burkina Faso 261 438 59 . 193 1 .. 17 Burundi 63 212 . ... . Cambodia .. 149 .. ... . Cameroon 593 794 56 31 9 8 4 1 3 3 29 56 Canada 47,077 . 14 14 7 5 23 30 8 9 48 42 Central African Republic 54 93 49 22 . 8 .. 11 .. 10 Chad ~ ~ ~ ~ ~ ~ . .. ..... .. . 165...... ... ... .. .... . .. ... .. . .... Chile 5,911 . 27 29 9 6 6 5 8 12 51 47 China 81,836 262,657 10 14 18 14 22 25 11 10 38 38 Hong Kong, China . 6,392 11,598 5 10 42 32 18 23 2 2 34 3 Colombia 7,762 15,233 .. . ...... Congo, Dem. Rep. 2,144.337 . . . . . . . .og, e.128 . 139 35 . 1.6 *. .44 Costa Rice 895 1,725 46 46 10 7 8 9 7 12 28 26 C6te dIlvoire 1.096 1,272 35 15 .. 10 . . 40 Croatia .. 2,847 . .. Cubsa. 55 7 .. 1 .. .. 37 Czech Republic... ... ... Denmark 11,411 29,628 24 5 .. 25 . 10 .. 37 lie ~ ~ ~~~. .. ...... Dominican Republic 1,015 . 211 66 6 .. 1 .. 6 . 21 Ecuador 2,072 3,783 Egypt, Arab Rep. 2,678 13,740 19 30 11 .. 9 .. 31 El Salvador 589 2,002 37 29 22 18 4 6 11 16 27 32 Esto ia.. 617 . . .. . . . . .. . Ethiopia 381b 374 Finland 13,019 29,441 .. 11 3 .. 26 .. 8 .. 53 France 160.811 296,107 13 14 8 5 30 30 8 9 41 42 Gabon 195 297 24 .. 4 9 . 4 .. 58 Gambia,The 15 23 35 .. 2 . .. 3 .. 60 Georgia .. 854 . .... .....-. Germany .. 581,335 . . . . . . . Ghana 347 594 37 36 11 5 2 2 5 10 46 47 Greece 6,968 9,891 18 28 23 14 14 12 8 11 37 35 Guatemala ... 39 . 10 . 5 .. 17 .. 28 Guinea .. 76 . .. .. ... Guinea-Bissau . . . . . .. .. . Honduras 344 614 5-1 51 9 16 2 2 5 4 34 27 184 1998 World Development Indicators 681 SJOWEO!PUI lUawudOIeAeO PIJOM S66T 5.Jr . rr.~~~~ ... .... . ... ... ... i~O 917.1 .. 6 . 6~~~~~~~~~~~-6 i ~ ST. ST. 20Jr ..TSnJod 96 XE LT VT LT lT 6 . LE . OS os 690LT 'S .. 9X E t6 ESSE 9LTu'6 Cu 6ed TV S 9X X.SE.~~~~~~~~~~~~~~~~~~~~~~~~~Vt69 St e2e .Ta 'TE'6 6Et'E .. . ueTsiJIed XV S L ~~~ ~~~ ~~~96.L66 17 CZ ST CL'T96X'6 AeM>JN C?. :1~~ I Im .7,9T 6 96 6E TZX... t6'JEO ....4z .... OX X. ... . E.... . S os . 6k. ... eX . 6 6iqiwe~ a . ~~~~~~~~~~~~~~~~~~~~~~~JeWUBF17J 66 6~~~~~~.4 . ... . 9. ...6 ..... .... S~ :. . .6E9X 86 LX~~~~~~~. .....66..... .... .E9...80.V. Oi... 60T e!uewpneA TE . 66 69X 9OX 66N 06 o9 .. . 6T 69XniM 5LAJ J r 9 ~~~~~. . .. . .... ... ..3. . ... . .. . .. . - - -t .... ... ZT. 89 kz ~~~~~~~gT... !meleVqS. £ 66... ....91..... ....6.~~e6 ~~~r ..... .. ..... ,F ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ GLX iuntf 6* . ... . . ... 6 ... . ......XE... ...689.. . ...X...9..... Xun6.! ... .... .. . .. .. 6 .. .. .. .. . . .. .. .. . .u... . . ...d.. . . ..u.. . . .. . . . .. . . . .. . . . . . . . . . 88L'Xlse 9L 9L S 17.L~~~~~~~~~~~~~~~.. .... 9 .. L . ....6 X. 'X..f * ~~~.. ...... .. ....... *V9 T~ .is . St . TX 6 65 9 L 6 6 . V8~~~~~~~~~~~~~~~~~~~~~~~~~~~~896'T LVL'605.~~~~~~T6z iis' .15 65 .1 TX . . 66 . . . Pr . . 699966 BT&96.~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~.... ... . 6k 69 9 . £ . 96 .Xt T 6t 6.. t LO7'~' 6~§ 60: .. . ..... . ......6 '6 ...... gi C, ~ ~ ~~~~f ... 14 " V~~ ot'4 66i .... 6xuaei~ 6£ 07 T 6 61 T . 9 .. L 6 6. 9661 0661 9661 0861 9661 0861 9661 0661 9661~~~~~ 0661 6661' 0861eowe ;uowd!nbe pu,epulai .3UIJIUOB .........U8W........... e . .US.....O pu.........Iuinos;us SISO!WOLIO AJou!LIohln 68111161 'pOOj U! poppa OflIBA~~~~~~~~~~~~bei a~~~~~~~~~~~~~~~~~~~~~~~~...... ........ i~6~ U r.vr.i ~ ~ ~ ~ ... ....... ... . ... ~ T . .. . .. .. ... 4.3 Value added in Food, Textiles Machinery Chemicals Other manufacturing beverages, and clothing and transport manufacturing' and equipment tobacco S rr lEonsg 8of total, 9 of total % of tota of total 7C` total 1980 199 I1980 1995 ±.980 ±995 1-980 1995 1980 1995 1980 1995 Rwanda 178 179 .. .... ... Saudi Arabia 7,740 . . . . . Senegal 389 574 50 48 19 5 4 3 8 23 20 21 Sierra Leone 54 51 5-1 69 5 ~ 1 . .. . .. 44 30 Singapore 3,415 22.428 5 4 5 ~ 1 44 59 5 8 41 28 Slovak Republic ... . 13 . 10 .. 20 .. 10 . 47 Slovenia .. 4,589 .. 15 .. 11 .. 18 .. 13 . 43 South Africa 16,607 28.839 12 .15 9 8 21 20 9 9 48 48 Spain .. 97,182 16 18 12 7 23 27 9 11 41 38 Sri Lanka 668 1,836 . . . . . Sudan 424 . .. .. .. .- Sweden 26,293 38.821 10 9 3 1 33 34 7 11 47 44 Switzerland ... . 10 .. 4 . 29 b.. 7 Syrian Arab Republic . . . .. .. Tajikistan . . . .. .. Tanzania' . 334 23 .. 33 .. 8 ..S. 30 Thailand 6,960 47,963 55 .. 8 .. 9 . 7 .. 21 Togo 89 139 47 .. 13 .. . . 8 . 32 Trinidad and Tobag 557 441 22 33 4 2 9 3 4 24 61 38 Tuni'sia 1,030 3,390 18 20 19 24 7 6 15 6 42 45 Turkey 9.333 32.158 18 19 15 15 14 16 10 10 42 39 Turkmenistan .. .. ... ...-- Ug anda 53 359 . . . . . U nited Arab Emirates 1,130 2,967 12 .. 2 .. 2 7... 77 United Kingdom 125,830 185.594 13 14 65 5 33 31 10 13 38 37 United States 593,000 1.126,200 11 12 6 5 34 33 10 12 40 38 Uruguay 2,626 3,143 28. .. 17 .. 10 7. . 38 Uzbekistan .. 1,782 ...... ... Venezuela 11.112 13.200 19 22 7 2 9 10 8 11 57 54 Vietnam .. 2.760. . .. .. West Sank and Gaza... ...... ... Ye men. Rep. .. 697 Yugoslavia, FR (Serb./Mont.) Zambia 718 891 44 44 13 10 9 5 9 16 25 25 Zimbabw,e 1,248 1.260 23 36 17 13 8 11 9 3 42 36 Low income 146.716 372,808 .. . 'Ex"c'i. C..lh,in-a ..& ..Inr)d i'a ......... ........ ....3,7...4 5,1 ... ... ... .. .. .. UOp p er "mi d,dl e-Tinc'o-m'.e.........204,869 393,534 -Lo-w .. & ...mid-dle innc'o..m"e .... 5-7-8.J773 1,3-17-,5-9-7............. .... L~atin'. Am-er,i,ca ..&.. Ca'r'ib .........1-86,150 . 345,442 .... ................ 33.6-9-5 73.885 Sub'-Sa-h'a-ra-n. A"fric"a ............3,3",9-18..... 4,4,5-7-5 Hihincome 1,891,432 4.003,267 a. Includes ujrallocated data, b. Includes Eritrea. c. Data cover mainiand ranzania only. ±86 1998 World Developmnent Indicators 4.3 Data on the distribution of manufacturing value added estimates by the UNIDO Secretariat. Nevertheless, cov- * Value added in manufacturing is the sum of gross by industry are provided by the United Nations erage may be less than complete, particularly for the output less the value of intermediate inputs used in Industrial Development Organization (UNIDO). The informal sector. To the extent that direct information on production for industries classified in ISIC major divi- classification of manufacturing industries is in accor- inputs and outputs is not available, estimates may be sion 3. * Food, beverages, and tobacco comprise dance with the United Nations International Standard used that may result in errors in industry totals. SIC division 31. * Textiles and clothing comprise Industrial Classification (ISIC), rev. 2. Manufacturing Moreover, countries use different reference periods (cal- ISIC division 32. * Machinery and transport equip- comprises all of ISIC major division 3. endar or fiscal year) and valuation methods (basic, pro- ment comprise ISIC groups 382-84. * Chemicals UNIDO obtains data on manufactunng value added ducers', or purchasers' prices) to estimate value added. comprise ISIC groups 351 and 352. * Other manu- from a variety of national and international sources, (See also the notes to table 4.2). facturing includes wood and related products (ISIC including the Statistical Division of the United Nations Data on manufacturing value added in U.S. dollars division 33), paper and related products (ISIC division Secretariat, the World Bank, the Organisation for are from the World Bank's national accounts files (see 34), petroleum and related products (ISIC groups Economic Co-operation and Development, and the About the data for table 4.2). These figures may dif- 353-56), basic metals and mineral products (ISIC International Monetary Fund. To improve comparability fer from those used by UNIDO to calculate the shares divisions 36 and 37), fabricated metal products and over time and across countries, UNIDO supplements of value added by industry. Thus estimates of value professional goods (ISIC groups 381 and 385), and these data with information from industrial censuses, added in a particular industry group calculated by other industries (ISIC group 390). When data for tex- statistics supplied by national and international organi- applying the shares to total value added will not match tiles and clothing, machinery and transport equip- zations, unpublished datathat it collects in the field, and those from UNIDO sources. ment, or chemicals are shown as not available, they are included in other manufacturing. Data sources Manufacturing takes off in China z] U1 Il ln.:lJ e 1 -.; Ll- Data on value added in man- ufacturing in U.S. dollars are from the World Bank's , .r1i it~, ~ national accounts files. The "i " Wlf ; X data used to calculate shares of value added by industry are , / >rwiz, S provided to the World Bank in electronic files by UNIDO. The Arqenri most recent published source is UNIDO's it,. 1;-_ t-uJ 1fl-' t.'s' :-'p.' -':': .;9> 1--. Intemational Yearbook of Industrial Statistics 1997. Source: .-,, i . ;r., . . ;, ..... l_ China' growth as a manufacturing power has p3raleled iti rise as an exporter of mrnnufaclfred goodi. In conlrast. Brazi.v which began the 19S0, as a e.ading mnanufacturer among de.elopling counTries. has tallen far behind and i, oeing c.erlahen bV ndia. 1998 World Development Indicators 187 4.4 Structure of merchandise exports Merchandise Food Agricultural Fuels Ores and Manufactures exports raw metals materials $millions % of total % of total f oa % of total %of total 1980 1996 1980 1996 1980 19 190 1996 ±.980 1.996 1980 1996 Albania 296. . ... Algeria 15,624 12,6090 1 1 0 0 98 95 0 1 0 4 Angola 1.902 4,4721 9 0 .. 78 .. 0 . 13 Argentina 8.019 23.810 65 52 6 4 3 13 2 1 23 30 Armenia ..290 . . . Australia 21,279 53,252 34 2 5 1 1 7 1 1 1 9 1 7 1 6 2 2 3 0 Austri'a 17,478 57,822 4 4 8 3 2 1 4 3 83 88 Azerbaijan 618 a .. . . . Bangladesh 740 3,2970 12 19 0 .. 0 68 Beiarus 5,1220 .. BelgiUMb 63,967 168,010 9 10 2 1 8 3 7 3 69 77 Benin 49 255 0 62 .. 25 .. 4 . I .. 3 Bolivia 1,036 1,087 8 29 3 10 24 13 82 32 3 18 Bosnia and Herzegovina Botswanta..... . .. .. ...- Brazil 20,132 47,164 46 30 4 4 2 1 9 10 37 54 Bulgaria 10,372 4,5430 * *,* Burkina Faso 90 2160 41 .. 48 .. C . 0 .. 11 Burundi 129 3701 70 6 .. . 6 . 4 Cambodia-15 3000 2 7 0 .. 27 .. 64 Cameroon 1,321 1,758 48 24 16 25 31 36 2 6 4 8 Canada 63,105 199,071 12 8 11 8 14 10 14 6 48 83 Central African Republic ill 115 31 1 43 24 0 0 C 28 28 43 Chad 72 12501 4 .. 81 .. 0 . 0 .. 15 Chile 4,584 14,979 15 28 10 9 1 0 64 46 9 15 Chinat 18,136 0 151.047 .. 8 . 2 .. 4 . 2 .. 84 Hong Kong, China' . 19,703.180,744. . .3 2 1 0 1 2 2 91 92 Colombia 3,945 10,976 72 26 5 5 3 34 0 1 20 34 Congo. Dem. Rep. 2,507 1.46501 11 .. 3 . 8 .. 47 .. 6 Congo, Rep. 955 1,83301 1 1 2 12 90 83 0 1 7 2 Costa Rica 1,032 2,882 64 63 1 6 1 1 0 1 28 24 Obte dIlvoire 2,979 4,99860 64 .. 28 .. 2 . 0 .. 5 Croatia .. 4,512 .. 11 .. 5. 9 .. 2 .. 72 Cuba 5,541 1,8340 89 .. 0 .. 3 .- a. Czech Republic .. 21,882 .. 5 . 3 .. 4 . 3 .. 84 Denmark 16.407 48,868 33 23 5 3 3 4 2 1 55 59 Domninican Republic 704 3,8930 73 20 0 0 0 0 3 0 24 77 Ecuador 2,481 4.62 33 51 1 3 63 36 0 0 3 9 EytArbRep..304*,54 7 10 16 . 4 64 48 2 6 11 32 El Salvador 720 1,023.4. 52.12* 1 3~ 3 3 2 35 41 Estonia .. 2,074 .. 15 .. 8 . 6 .. 2 .. 68 Ethiopia' 424 4940 74 .. 18 .. 7 C . Finland 14.140 40,520 3 3 19 7 4 3 4 3 70 83 France 110,865 283,318 16 14 2 1 4 3 4 2 73 79 Gabon 2,189 3,146 1 0 7 13 88 83 12 2 5 2 Garnbia,The 36 22a 99 .. 0 .. . . 3 ..7 Georgia ..261. . . .. . Germany 19.1,647 511,728 5 1* 1 4 1 3 2 85 87 Ghana 942 1,6840- 78 . 4 .. 0 .. 17 .. 1 Greece 5,142 9,5580- 26 30 2 4 16 7 9 7 47 50 Guatemala 1.486 2.031 53 61 16 5 1 3 5 1 24 31 Gui'nea 374 7740 4 .. 0 .. 0 . 95 ..1 Guinea-Bissau 11 560 85 .. 2 .. 0 . 0 .. 8 Haiti 376 1800 31 .. 1 .. 0 . 4 .. 63 Honduras 813 845 75 65 5 3 0 0 6 2 12 31 t Data for Taiwan. China 19,837 115,646.. . .. . . . . 188 1998 World Development Indicators 4.4 Merchandise Food Agricultural Fuels Ores and Manufactures exports raw metals materials $ mnilions % of total % of total % of total tt of total % of total 19ao i9sse i980 ie99e 1980 199e e980 ie99e 1980 i99e ±980 ie99e Hungary 8,677 13,138 22 .... 19 ...3 2 ...5 .3 .. 4. 4.. 65 68 India 7,511 32,325a 28 19 5 1 0 2 7 3 59 74 Indonesia 21,909 49,727 8 11 14 6 72 26 4 6 2 51 Iran, Islamic Rep. 13,804 22,102 a 1i1 93 05 Iraq ~~~28,321 502 . 9 0 99 00 Ireland 8,473 45,565.37.16 2 1. .9 3 1 54 82 Israel 5,540 20,504 12 5 4 2 0 1 2 1 82 9 Italy 77,640 250,718 7 7 1 1 6 1 2 1 84 89 Jamaica 942 1,347. . .9. . . .221 6* 63 69 Japan 129,542 410,481 1 0 1 1 0 1 2 1 95 95 Jordan 402 1,466 25 25 1 2 0 0 40 24 34 49 Kazakhstan .. 6,230 . . . Kenya 1.313 2,203 a 44 .. 8 .. 33 .. 2 12 .orea Dem Rep 1,007 a ........... Korea, Rep. 17,446 124,4047 2 1 1 0 3 1 1 90 92 Kuwait 20,435 13,420 1 0 0 0 89 95 0 0 10 5 Kyrgyz Republic . 507 . 28 .. 1115 .. 6. 38 Lao PDR 9 334 ~ 13 . 41 ..4 .. 34 Latvi'a .. 1,443 . 15 . 19 2 . 1 61 Lebanon 930 1,153 a 28 .. 2 .. 09 58 Lesotho Libya 21,910 10,126 a 100 . Lithuania. 3,356 17 . 6 .. 15 2 60 Macedonia, FYR 1,119 a Madagascar 387 6161 80 69 4 6 6 1 4 7 6 14 Malawi 269 5011 91 90 2 2 0 0 0 0 6 7 Malaysia 12.939 78.151 15 9.... 31 .... 5 25 .... 8......101..... 19 ... 76 Mali 235 2881 30 69 0 .. 0 1 - Mauritania 255 5741 16 10 ... 83..0 Mauritius 420 1,699 72 31 0 1 0 0 0 0 27 68 Mexico 15.442 95.199 12 6 2 1 67 12 6 2 12 78 Moldova 1,104 . 72 .. 2I. 1 . .3-. 23 Morocco 2,403 4,742 28 3 35 2 41 13 24 50 Mozambique 511 226 68 69 7 9 2 1 5 4 18 17 Myanmar 460 1,187a 40 33 910 .. 7 Namibia . Nepal ~~~94 3581 21 1 48 00 0 30 99 Netherlands 73.871 177,228 20 19 3 4 22 8 4 2 50 63 New Zealand 5,262 13,789 48 47 26 17 1 2 4 4 20 29 Nicaragua 414 653 75 60 8 5 2 1 1 1 14 34 Niger 580 791 11 .. 1 .. 1 .. 85 2 Nigeria 25,057 15,610 a 2 .. 0 -. 97 .. 0 0 Norway 18,481 48,922 7 8 3 1 48 5.5 10 7 32 23 Oman 3,748 6,395 - 1 5 0 0 96 79 0 2 3 14 Pakistan 2,588 9,266 24 9 20 6 7 1 0 0 48 84 Panama 353 658 67 73 0 0 23 5 1 2 9 20 Pau Ne Guinea 1,133 a 2,554 a 33 7 050 . Paraguay 310 1.043 38 58 50 24 0 1 0 0 12 17 Peru 3.266 5,226 16 32 4 3 21 7 43 42 17 16 Philippines 5,751 20,328 36 10 6 1 1 2 21 3 21 84 Poland 16,997 24,387 6 11 3 2 13 7 7 6 61 74 Portugal . 4,629 23.184 12 7 9 3 6 2 2 1 70 86 Puerto Rico . .. . . . . Romania 12,230 8,984 . 9 3 . 7 .. 3.. 77 Russian Federation .. 81,438a 1998 World Development Indicators 189 sjol0oipuI juawcO[aA8(] PIJM 8661 06T 0otjlV y4ln09 pue [0iqIw2N 0j10001 0eu0m0108 sOpnoJu! LoiLAA 00u0n swolsofl U000LV JIlnoS 0qL4 104 a1e e2420 4 uoI2ieipunl E0j04q AuewJSg 40 o! qnddie,;0~P%~ ~q 04 9;40 0661 01 JO id 0100] 'a e9i1] Spnou!O 9661 04 0oud e2100 p sliodx9ai s0pn1oul 1) PjnoqwaxO7 sapOEYu -q SJUIS!404S OP&W1 Jo U0044000 'JAI w0J4 a10 0!400 0 TS 9L 9 9 9 L 9 8 0T 9998970't 9699991' 9WUOOI ON~ : : eo!~~~~~~04j; uejeLleS-qnS 92 ES 91 9 9 £ 9 TT 21 8il 618'09 t7gtV91 L0!SV 49lnOS 997 61 8 01 ST 99 E 9 99Z 99 90619N 90t9901 q!je0 '9 00!SwV ui]e]1 * ~~~~~~~~~~~~~~~~eisV' IejueC) o dojn3 9L 6 9 6 9T81T±9 l4!Oed '9 eisV 400-3 09 1'9 8 8 ±9 9 9 ST 61 Z~Z9tt99 0999C6T OwoouI clppiw j0ddn aolpu! l '9014 4003 2 2 -- 9~~~. .. . . . . .. . . .. . . .. . . . . . .. . . . . . .. . . . . . . .. .. . .. . .. . .. . .. . .. . .. . .. . .. . . .. . . .. .O.. . . .. . . . .U.. .. . . .. . . .. . . .. . . . 09 99 01 ±1 9 9 8 9 19 09 9609 999 0M~~~~~~~~~~~~~awou!qlOqW! 9 1. . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ... ..8..0.0... .. .. .. .. .. . 0 99.. . .. . . .. . .. . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . -- - 0Z8 9VT6V~ PU2oU884S2M oc 9 OT - I 9999 - 0 t916 99 J24i 91 9 9 98 96 0 6 - -~~~~~~~~~~~~~~~~~~~~T3 ~ 9 - - 999 696- ~ fleqU,1 -- 9- - -- -- -. .OZC)T ELT !q e 6t, El ST E c L T 7rm T v,-:-j j 1. HA t,~~~~~~~~~~~~~~~~~~O40l0zf 99 89 1 1 6 0 91 99 89 69 - 16996901 -- aoo8n 8L 99 9 9 9 9 9 9- - - - -1±99±9 - ±88919 - S0409 p04iUfl t -- I -- -- 9 ~~~~~~~~~~~~~~~~~~~~~ ---- 6p~~~~~~~9uel ~ qz SL L9 9~ L , 1, 9 94 - T ST 19 9V069-0S,T69-01eis fl 08s 99 9 CT 9 T T1 - L 6C99 -699- -OtlsTwp,3!i Puni 92 99 9 ~~~~~~~~~~~1 9 0 - 11 61 - 068L8~~~~~~~~~~~~~~~ 9q 9699 ePUOIIL -- 9 -- 9 -- 81 69 869 2!UOZUOI~C69' V6 06 9 9 0S 06 1 1 - 9 - £ 9t9L08 - 69 - Pue 6&Sp - 2 61 1 V 1 - 91 - 8 - T9 - eLPue-£901 06 6- 9 -- 1 T- I 9 6698~O tZiU0Is 98 8L 9 9 8 99 1 01 9" -l 8 - V91Z 9±91-e0d2U 0T T-- 99 0 T- - 9`9 - 89t7 969S 0Uepn1S 09z 91 T T 0 T t ST 09 9L - 61L66-- - - - -p9T LL9ue2 US L z7 -- 0 -T66 0---- -L&±69- Va LoIqOZ pdS 6- - OT - 61 t- 0 -. ± T 98 ZC891 891'g lopUvloM SOn09 AflTU2W pUBS9J S 6l I cf~flI~ p00 t, 9sIpuBLva9LA T 0 66 0 ~ LLT'S CTT'60t ~ ~ ej17ne OT0 ~st ETe0e? 4.4 Data on merchandise trade come from customs - * Merchandise exports show the f.o.b. value of reports of goods entering an economy or from reports goods provided to the rest of the world valued in U.S. of the financial transactions related to merchandise Manufactured exports dominate trade dollars. * Food comprises the commodities in SITC trade recorded in the balance of payments. Because in goods sections 0 (food and live animals), 1 (beverages and of differences in timing and definitions, estimates of $ trillions tobacco), and 4 (animal and vegetable oils and fats) trade flows from customs reports are likely to differ " ,, and SITC division 22 (oil seeds, oil nuts, and oil ker- from those based on the balance of payments. ra.A., ' ;i nels). * Agricultural raw materials comprise SITC Furthermore, several international agencies process ;. ma - section 2 (crude materials except fuels) excluding divi- trade data, each making estimates to correct for unre- ,r,l sions 22, 27 (crude fertilizers and minerals excluding ported or misreported data, and this leads to other coal, petroleum, and precious stones), and 28 (met- differences in the available data. - alliferous ores and scrap). * Fuels comprise SITC The most detailed source of data on international - section 3 (mineral fuels). * Ores and metals com- trade in goods is the COMTRADE database main- prise the commodities in SITC divisions 27, 28, and tained by the United Nations Statistical Division 0 68 (nonferrous metals). * Manufactures comprise 1o980 1984 :1988 1992 1996 (UNSD). The International Monetary Fund (IMF) also the commodities in SITC sections 5 (chemicals), 6 Source: World Sank staff estimates. collects customs-based data on exports and imports (basic manufactures), 7 (machinery and transport of goods. The value of merchandise exports has more than equipment), and 8 (miscellaneous manufactured doubled since ± 980, while manufactured exports The value of exports is recorded as the cost of the have more than tripled. Traditional exports of goods), excluding division 68. goods delivered to the frontier of the exporting coun- primary comn nodirlea remain importlant lo,i many try for shipment-the f.o.b. (free on board) value. developing countries, but world trade is increas- Data sources try fr shimentthe fo.b. freeon bord) vlue. ingly dominated by manufactured goods. Many countries collect and report trade data in U.S. dollars. When countries report in local currency, the `-r7 The United Nations Con- UNSD applies the average official exchange rate for - ference on Trade and the period shown. Development publishes data Countries may report trade according to the gen- on the structure of exports eral or special system of trade (see Primary data doc- .51ff and imports in its Handbook umentation). Under the general system exports of Intemational Trade and comprise outward-moving goods that are (a) goods Development Statistics. wholly or partly produced in the country; (b) foreign Estimates of total exports of goods, neither transformed nor declared for domestic goods are also published in the IMF's lntemational consumption in the country, that move outward from Financial Statistics and Direction of Trade Statistics customs storage; and (c) goods previously included as and in the United Nations Monthly Bulletin of imports for domestic consumption but subsequently Statistics. exported without transformation. Under the special system exports comprise categories a and c. In some compilations categories b and c are classified as reexports. Because of differences in reporting prac- tices, data on exports may not be fully comparable across economies. Total exports and the shares of exports by major commodity groups were estimated by World Bank staff from the COMTRADE database. Where neces- sary, data on total exports were supplemented from the IMF's Direction of Trade Statistics. The classifica- tion of commodity groups is based on the Standard International Trade Classification (SITC), revision 1. Shares may not sum to 100 percent because of unclassified trade. See table 6.2 for data on the growth of merchandise exports. 1998 World Development Indicators 191 4.5 Structure of merchandise imports Merchandise Food Agricultural Fuels Ores and Manufactures imports raw metals materials $ millions % of tota[ % of total % of t0ta 3 of total S of total 1980 1998 1980 1998 1980 1996 1980 1996 1980 1996 1980 1998 Albania 1,283.. ... . ... Algeria 10,524 8,372 21 29 3 3 2 1 2 2 72 65 Angola 873 2,0390 18 .. 1 7 I 73 Argentina 10,539 23,762 6 5 4 2 10 4 3 2 77 87 Armenia ..862.. . .. ... . Australia 1'9,870 60,897 5 5 3 1 14 6 2 1 75 86 Austria 24.415 67,142 6 6 4 2 15 5 5 3 69 82 Azerba'ijan .. 1,255 . . . . . . . Bangladesh I1.980 6,8980 24 .. 6 .. 9 . 3 .. 58 Belarus .. 6,778 7.. . . . . . Belgium' 71.192 157,860 11 11 3 2 17 7 6 4 58 73 Benin 302 8690 26 I. 1 . 8 .. 1 . 62 Bolivia 655 1,601 19 11 1 1 1 3 2 2 78 83 Bosnia and Herzegovina Botswana..... . . ... -- Brazil 24,949 53,736 10 11 1 3 43 12 5 3 41 71 Bulgaria 9,650 4.313 Burkina Faso 358 7830 20 .. 2 . 13 . 1 6. 4 Burundi 106 1250 13 .. 2 . 19 .. 2 . 61 Cambodi'a 108 1,6470 51 .. 3 .. 2 .. 0 . 26 Cameroon 1,538 1.204 9 14 0 2 12 16 1 1 78 67 Canada 57,707 170.265 7 6 2 1 12 4 5 3 72 82 Central African Republic 80 180 21 12 1 14 2 8 2 1 75 61 Chad 37 2170a 23 24 2 1 2 18 1 1 72 56 Chile 5,123 16,810 15 7 2 1 18 11 2 1 60 78 Chinat 19,5010 138,833 .. 6 5 5 4 79 *Hong Kong, China 22,027 196,543 12 6 4 2 6 2 2 2 75 88 Colombia 4,663 .13,863 12 9 3 3 1-2 3 3 3 69 78 Congo, Dem. Rep. -1 ,117 1,33-1 9 .. 2 .. 12 I. 1 . 75 Congo, Rep. 418 1,5900 19 26 1 1 14 1 2 1 65 71 Costa Rica 1,596 3,671 9 12 2 1 15 9 2 2 66 77 OSte dIlvoire 2,552 2,9090 13 .. 0 . 16 . 2 .. 68 Croatia .. 7,7880 . 11 .. 2 . 1 . 3 .. 69 Cuba 1,656 3,0040 32 .. 1 . 11 .. 2 53 Czech Republic .. 27,7090 . 7 .. 2 ,, 9 * 3 .. 79 Denmark 19,315 43,093 11 12 5 3 22 4 3 2 57 71 Dominican Republic 1.426 6,3000 17 .. 2 .. 25 . 2 .. 54 Ecuador 2,215 3,733 8 10 2 3 1 4 2 2 87 81 Egypt, Arab. Rep. . 4.860 13,020 32 29 6 6 1 1 1 3 59 60 El Salvador 976 2,670 18 17 2 3 18 12 2 1 61 66 Estonia .. 3,1960. 15 .. 3 .. 9 .I.. 72 Ethiopia' 721 1,4920 6 3 .. 25 . 1 .. 64 Finland 15.632 30,853 7 7 3 3 29 11 5 5 56 73 France 134,328 274,088 10 10 4 2 27 6 5 3 54 78 Gabon 674 8980a 19 19 0 1 1 4 1 1 78 75 Gambia,The 169 2720 26 .. 1 . 9 . 0 .. 61 Georgia .. 8840 , . . , , * Germany 165,922 443,043 12 10 4 2 23 8 6 3 52 71 Gha na 1,129 3.2190 10 .. 1 . 27 . 2 .. 59 Greece 10,531 26.881 9 16 5 2 23 7 2 3 60 71 Guatemala 1,559 3,146 8 14 2 1 24 15 1 1 65 68 Guinea 299 8100a 12 .. 1 . 19 . 4 6. 2 Guinea-Bissau 55 107 0 20 .. 0 . 6 . 2 .. 69 Haiti 536 8650 22 .. 1 . 13 .. 1 . 62 Honduras 1,009 1,922 10 15 1 1 16 14 1 1 72 69 1' Data for Taiwan, China 19,791 101,338.. . .. . .. . 192 .1998 Wanld Development Indicators Merchandise Food Agricultural Fuels Ores and Manufactures imports raw metals materials $ millions 36 of total 36 of total % of total% of total % of total 1980 1996 1980 ±998 1980 1998 1980 1996 I 1980 19 1980 1998 Hungary 9,212 16,207 8 5 7 3 16 14 6 4 62 73 India 13,819 36,0550 9 4 2 4 45 24 6 7 39 54 Indonesia 10,834 42,925 13 11 4 5 16 9 2 4 65 71 Iran, Islamic Rep. 9,330 13,926 21 4 1I2 72 Iraq 11,534 4920 13 .. 2 . 0I. 83 Ireland 11,133 35,750 12 8 3 1 15 4 2 2 66 77 Israel 8,023 29,796 I1 7 3 1 26 6 4 2 57 82 Italy 98,119 202,908 13 12 7 5 28 9 6 4 45 68 Jamaica i,78 2,916 20 15 1 2 38 15 2 1 39 65 Japan 139,892 347,496 12 16 9 5 50 17 10 6 19 55 .Jordan 2,394 4,293 18i 21 2. _2 .17 .13. .1.... 3. 61 61 Kazakhstan 4,261 1 .. . :40'.' .. 1 .. ~~~ ~~~ ~~~34 .. 156 Korea, Dem. Rep. .. 2,201 Korea, Rep 22,228 144,724 10 6 11 5 30 17 6 5 43 67 Kuwait 6,554 8,113 15 16 1 1 1 1 1 2 81 81 KxrgyzRepublic .. 838 . 2.1 1. 29 1I48 Lao PDR 85 6420 21 0 19 1 . 56 Latvia 2,319 . 13 2 .. 22 62 Lebanon 3132 7,560 16 2 15 463 Lesothto Libya 6,776 5,1910 19 11178 Lithuania .. 4,559 13 3 .. 18 3 61 Macedonia, FYR 1,941 Madagascar 676 6710 9 16 3 2 15 14 1 1 73 65 Malawi 440 6870 8 14 1 1 15 11 I1 1 75 73 Malaysia 10,735 76,082 12 5 2 1 15 3 4 3 67 85 Mali 491 1,1590 19 .. 0 . 35 . 0 . 45 Mauritania 287 616 0 30 ~ -1 . 14 .. 0 .. 52 Mauritius 619 2,255 26 16 4 3 14 86 1 1 54 71 Mexico 19,591 97,63 16 6 3 2 2 2 4 2 75 80 Moldova 1,522~ . 8 . . 4 . 4 Mon olia .. 451.1 .. 14 .. 1I. 19 I. 165 Morocco 4,182 8,254 20 19 6 5 24 16 4 4 47 57 Mozambique 550 7830 14 22 3 2 9 II1 3 :1 70 62 Myanmra 577 2,5240 6 1 .. 3 .. 2 87 Namibi'a ... . Neap 226 66401 4 15 1 5 18 20 1 5 73 4 Netherlands 76,889 160,700 15 14 3 2 24 9 4 3 53 72 New Zealand 5,515 14.716 6 8 2 1 22 6 4 2 65 83 Nicaragua 882 1,076 15 19 1 1 20 9 1 1 63 71 Niger 608 5670 14 .. 0 . 26 .. 3 . 55 - Nigeria '13,408 6,433 0 15 .. 0 .. 7 .. 2 . 76 Norway . 16,952 34,290 8 7 3 2 17 55 5 67 80 Oman 1,732 4,610 0 15 20 1 111 2 0 2 66 70 Pakistan 5,50 11,812 13 15 3 4 27 21 3 3 4 5 Panama 1,447 2,778 10 11 1 1 31 16 1 1 58 71 Papua New Guinea 958 1,8660 21 .. 0 .. 15I. 1 61 Pareg ay 615 3,107 I1 21 1 0 28 8 1 3 60 67 Peru 2,573 7,947 20 17 3 1 2 10 2 1 73 71 Philippines 8,295 34,663 8 8 2 2 28 9 3 3 48 78 Poland 19,089 37,092 14 10 5 3 18 9 6 3 51 75 .~~~~~~~~~.9293 . 33,979. .14 . 13 ~ 7 3 24 .8. _4 .... 2.. 52.. .74 Puerto Rico . .. . . Romania 13,201 11,435 .. 7 2 .. 21 .. 4.. 65 Russian Federation .. 43,31-80 1998 World Development Indicators 193 4.5~ Merchandise Food Agricultural Fuels Ores and Manufactures imports m rials metals $ millions 8 of total % of total % of total Sof total 7S of total 1980 1996 1980 1996 1980 1996 I1980 1996 1980 1996 1980 1996 Rwanda 155 385 a 10 3 13 .. 0 72 Saudi Arabia 29.957 27,764 14 13 1 1 1 0 1 4 82 79 Senegal 1,038 1.6720 25 32 1 2 25 10 0 2 48 53 Sierra Leone 268 3340 24 .. 1 . 2 I. - 71 Singapore 24,003 131,083 8 4 6 1 29 9 2 2 54 83 Slovak Republic .. 10,924 .. 7 -. 2 .. 12 .. 4 61 Slovenia .. 9.4120 - 8 -. 3 . 8 4 77 South Africa' 18,551 26,861 3 6 3 2 0 1 2 1 62 72 Spain 33,901 122.842 13 12 5 3 39 9 3 3 38 72 Sri Lanka 2,035 5,0280 20 16 1 2 24 6 2 1 52 75 Sudan 1,499 1 ,4390 26 . 1 .. 13 . 1 .. 60 Sweden 33,426 63,970 7 7 2 2 24 7 5 3 62 79 Switzerland 36.148 79,192 8 7 3 2 11 4 7 3 71 R5 Syrian Arab Republic 4,124 6,399 0 14 .. 3 .. 26 .. 2 .. 55 Tanzania 1,211 1,642a 13 . 1 .. 21 .. 2 . 63 Thailand 9.450 73,2890 5 4 3 4 30 7 4 3 51 82 Togo 550 1,032 017 . 1 .. 23 .. 0 . 59 Trnddand Tobago 3,178 2,204 11 14 2 1 38 19 1 4 49 62 Tunisi'a 3,509 7,681 14 10 4 3 21 8 4 3 58 75 Turkey 7.673 42,733 4 7 2 5 48 14 3 5 43 69 Turkmenistan .. 1.3130 Uganda 417 7250 11 I. 1 . 23 . 0 6. 5 Ukrai'ne .. 24.042 0. United Arab Emirates 8,098 30,374 0 11 .. 1 .. 11 .. 2 .. 74 United Kingdomn 117,632 283,682 13 10 4 2 13 4 7 3 61 80 United States 250,280 814,888 8 5 3 2 33 9 5 2 50 78 Uruguay 1,652 3.322 8 I1 4 3 29 11 3 1 56 74 Uzbekiatan .. 4,7610 Venezuela 10.669 8.902 14 16 3 3 2 1 2 3 79 77 Vietnamn 618 13,9100 37 .. 2 . 5 .. 0 . 55 Weat Bank and Gaza . . . . , . . . . Yemen, Rep. 1,853 3,4430 28 29 0 2 7 8 1 1 63 59 Yugoslavia, FR (Serb./Mont.l 15.064 4,101 8 14 7 4 24 14 5 7 5 7 60 Zambia 1,100 1,1060 5 .. 1 . 22 I. 1 . 71 Zimbabwe 193 2,808 6 10 2 2 12 10 1 1 73 73 Low income 246746 Middle income UOp'p er ..m i'd"d'le in"com..e......... 174.248 457.717 . .2 8 3 2 14 7 38 4 . 77 &PataacaiPfcifc 395,405 7 4 6 4 78 'La't'in ..Am ..er'i'ca ..& ...Carib,. 110.273 315,627 . 13 10 . 2 2. . . .7 3 . 2 63 76 Middle East& N. C Afia 10...0.. 712 ................ . 1 . . . 70 So6ut-h ..A' s ia .......................... 62.294 8 .62 .. Sub- ~ah~ar'an' . A'f r i ca . .......... ... .. ...... .................4 ._ _ _ _ ~ 2 iiii"nCo,..Me.... .... 1,488,876 4,145,913 . . . . .4d .26 8.5 3 52 7 a. Data are fromn IMF. Direction of Trade Statistics. b. Includes Luxembourg. c. Data priot to 1992 include Eritrea. d. Data prior to 1990 refer to heFederal Rep jbl,c of Geimatyh efore umfi- cation a. Dat.a are for the South African Customs Union, which includes Botawana, Lesotho, Narmbia. and South Africa. 194 1998 World Development Indicators S. c 4. Data on imports of goods are derived from the same _ 1_al__ * Merchandise imports show the c.i.f. value of sources as data on exports. In principle, world exports goods purchased from the rest of the world valued in and imports should be identical. Similarly, exports Regional imports follow U.S. dollars. e Food comprises the commodities in from an economy should equal the sum of imports by similar patterns SITC sections 0 (food and live animals), 1 (beverages the rest of the world from that economy. But differ- and tobacco), and 4 (animal and vegetable oils and East Asia and tnre Pac.fic. 1996 ences in timing and definitions result in discrepancies F: fats) and SITC division 22 (oil seeds, oil nuts, and oil in reported values at all levels. For further discussion '.L''- - ' l -> ' kernels). * Agricultural raw materials comprise SITC of indicators of merchandise trade see About the data section 2 (crude materials except fuels) excluding divi- for tables 4.4 and 6.2. sions 22, 27 (crude fertilizers and minerals excluding The value of imports is generally recorded as the coal, petroleum, and precious stones), and 28 (met- cost of the goods when purchased by the importer alliferous ores and scrap). * Fuels comprise SITC plus the cost of transport and insurance to the fron- section 3 (mineral fuels). * Ores and metals com- Latin Amienca and thr- C3ribbearn. 1995 tier of the importing country-the c.i.f. (cost, insur- prise the commodities in SITC divisions 27, 28, and ance, and freight) value. A few countries, including .1:-,- t f'- 68 (nonferrous metals). * Manufactures comprise Australia, Canada, and the United States, collect , ,, the commodities in SITC sections 5 (chemicals), 6 import data on an f.o.b. (free on board) basis and a (basic manufactures). 7 (machinery and transport adjust them for freight and insurance costs. Many equipment), and 8 (miscellaneous manufactured countries collect and report trade data in U.S. dollars. goods), excluding division 68 (nonferrous metals). When countries report in local currency, the United Nations Statistical Division applies the average offi- Mdle East and North At,ca. 1992 Data sources cial exchange rate for the period shown. * .... . Countries may report trade according to the gen- "-i, -- , The United Nations Con- eral or special system of trade (see Primary data doc- -x---. ference on Trade and umentation). Under the general system imports .,-,. Development publishes data include goods imported for domestic consumption * on the structure of exports and imports into bonded warehouses and free trade and imports in its Handbook zones. Under the special system imports comprise Stuth A-ia. 199S of International Trade and goods imported for domestic consumption (including *1 ;,-,,, .:,.;* - Development Statistics. transformation and repair) and withdrawals for domes- Estimates of total imports of tic consumption from bonded warehouses and free F goods are also published in the IMF's Intemational trade zones. Goods transported through a country en Financial Statistics and Direction of Trade Statistics route to another country are excluded. and in the United Nations Monthly Bulletin of Total imports and the share of imports by major Statistics. commodity groups were estimated by World Bank Hige Income economies. 1996 staff from the COMTRADE database. Where neces- r.,-,-,:,-. sary, data on total imports were supplemented fromr the IMF's Direction of Trade Statistics. The classifica- -i tion of commodity groups is based on the Standard International Trade Classification (SITC), revision 1. Shares may not sum to 100 percent because of Source: I' -rc3'e 31.. Sr unclassified trade. See table 6.2 for data on the Because nmanufactured goods dominate sorrd growth of merchandise imports. t ;de the structure tr r,giona iimport and eooris tend to look ather sirmilar A fews ekceptional cases Incide the laige portisn of fuel and tne relatisel) smalkr share of mrianufactured Imports In South Asia and the larger .hare oa looo inporTs in the Middle Eait and Noith Atrica. 1998 World Development Indicators 195 4.6 Structure of service exports Service Transport I Travel I Communications, Insurance exports computer, and financial information. services and Other services 190$ nmillions 19 80% of total 196 J90% of total 19 s % of total19o18 % of total 99 Albania 11 129 42.1 23.4 6.4 59.4 46.8 13.5 4.7 3.6 Algeria 476 .. 41.0 .. 24.1 .. 29.5 .. 5.4 Angola .. 150 .. 21.4 ..0.0 .. 68.5 .. 10.1 Argentina 1,876 3,221 42.9183. 3.4. 03 Armenia .. 78 . 49.9 4.9 .. 45.2 Australia 3,860 18,424 49.3 28.1 29.5 49.3 19.9 17.8 1.3 4.8 Austri'a 9,423 24,15 7.3 11.5 68.9 52.0 21.3 23.6 2.6 12.9 Azerbaijan .. 186 . .. .. Bangladesh 163 626 18.5 10.1 7.5 3.6 74.0 86.3 0.0 0.0 Belarus .. 613 . .. .. B~elgiuma 12,925 36,325 32.7 26.1 14.1 1 7.7 48.6 41.8 4.7 14.4 Benin 62 104 56.8 56.8 14.1 22.5 26.8 20.6 2.3 Bolivia .. .... . 88 207 33.5 .40.2 41.0 29.3 16.6 21.7 8.9 8.8 Bosnia and Herzegovina Botswana ~~~~ ~~~~101 260 41.7 .14.7 22.2 62.2 32.0 16.0 4.1 7.1 Brazil 1,737 6,135. 46.8 42.4 7.3 15.8 38.1 25.3 7.9 16.5 Bulgaria 1.211 1,357 . 363. 31.7 28.7 28.6 31.0 39.6 4.0 Burkina Faso 49 56 17.3 11.8 10.2 32.6 72.5 55.6 Burundi .. 17 .. 12.0_. 8.4 .. 78.5 . . Cambodia .. 163 .. 30.5 .. 50.2 .. 19.3 Cameroon 374 438 48.4 38.5 15.5 11.8 30.9 44.0 5.2 5.7 Canada 7.441 28,512 34.1 20.3 34.2 31.1 31.7 48.6 Central African Republic 54 33 6.5 0.0 5.1 0.0 86.1 100.0 2.4 Chad 0 55 0.0 1.9 100.0 21.3 .. 76.1 0.0 0.7 Chile 1,263 3.356 32.2 39.7 13.9 27.6 51.9 29.0 2.1 3.8 China 2,512 20,601 523.3 14.9 28,0 49.5 11.7 35.0 8.0 0. Hong Kong, China . .. .. Colombia 1,342 3,867 31.1 36.6 35.6 23.5 27.6 26.1 5.6 13.9 Congo, Demn. Rep. 57 .. 40.4 .. 15.8 .. 42.1 .. 1.8 Congo, Rep. 111 96 46.0 46.7 6.7 6.1 42.7 47.3 4.6 Costa Rica 194 1,310 24.9 13.7 43.7 51.2 30.7 35.1 0.7 C6te dIlvoire 564. 734 50.0 27.3 14.4 10.3 25.7 58.1 9.9 4.3 Croatia 3.496 19 .5 .. 62.5 .. 18.0 Czech Republic 8,181 16.3, 49.9 .. 31.6 ..2.2 Denmark 5,853 15,699 444.4 45.6 21.1 21.8 31.8 32.6 2.7 Dominican Republic 309 2,132 . 7.8 . 1.7 55.8 86.4 35.9 11.9 0.5 Ecuador 367 658 35.1 40.0 35.6 32.8 13.3 17.1 16.0 10.1 Egyt, Ara Rep..233 10,636 524 29.0 . 24.8. .34.6 22.4 35.4 0.4 1.0 El Salvador 139 388 18.3 24.9 9.6 22.0 50.5 46.3 21.6 6.9 Eritrea 105... Estonia .. 1.108 .. 39.8 .. 43.7 .. 15.4 ..1.1 Ethiopia' 110 373 53.2 55.5 5.7 9.4 40.9 33.4 0.2 1.7 Finland 2,733 7,276 35.1 29.3 25.0 21.2 37.0 50.0 2.9 -0.5 France 43,506 88,891 24.2 22.8 19.0 31.9 53.4 36.2 3.4 9.1 Gabon 325 273 21.5 35.2 5.2 2.6 67.7 56.2 5.6 6.0 Gambia, The 18 101 0.0 15.5 100.0 52.4 0.0 31.9 0.0 0.2 Georgia .. 122 . .. .. Germany' 33.062 84,639 26.6 23.3 15.1 20.8 57.4 48.9 0.8 7.0 Ghana 107 157 33.6 53.1 0.4 8.1 64.9 36.0 1.2 2.9 Greece 3,947 9,348 23.6 4.0 43.9 39.8 32.4 55.9 0.1 0.3 Guatemala 211 559 18.9 11.2 29.2 38.7 46.5 44.1 5.4 6.1 Gui~nea .. 124.. 12.2 ..5.2 .. 80.2 ..2.3 Guinea-Bissau 6 .. 8.9 .. 12.5 .. 78.6 Haiti 90 109 5.9 5.5 85.0 87.6 7.8 6.9 1 2 0.5 Honduras 82 258 36.9 21.9 30.1 31.1 18.5 45.3 14.5 1.7 196 1998 World Devetopment Indicators 4.6 Service Transport Travel Communications, Insurance exports computer, and financial information, services and other services $ millions % of total % of total % of total % of total 1980 1996 1.980 1.996 ±980 1996 1980 1996 1980 1.996 Hungary 633 5,004 . .. 5.4 8.3 63.5 44.9 30.5 42.2 0.6 4.6 India 2,949 10,087 15.0 27.9 52.2 38.1 315.5. . 31.5 1.2 2.5 Indonesia 449 5,681 15.1 0.0 50.8 95.9 34.1 41..1.. .... .... Iran, Islamic Rep. 731 593 4.5 23.3 4~O.0... ...11.3 91.5 57'5 7.9 Ireland .. .. .. . 1,381 5,563 36.6. ._ .20:4 .. . 42.0 44.4 21:4.4 .... 352 2 .. ........I. Israel 2,722 8,004 38.1 24.3 36.0 36.3 24.9 39.3 .... 1 0 0.2 Italy 19,192 69,910 23.9 21.6 46.7 42.9 22.9..... 28:1 .. 6 5 7.3 Jamaica 401 1,388 28.0..... 18 .1 ... 61 2 73-6 67.7 74...... 4.2 0.9 Japan 20,240 67,724 62.9 31.:9 3'2 ..... 60 32.4 .... 554 .. ...~1.6 ..... 4..9 Jordan 750 1,846 27.0 20.4 51.9 40.3 21:1 1... 393 3... '1... ..... " Kenya 577 956 38.0 335.5..... 41.4 46:9. 198 .. 1816 0.. 8.. 1.0O Korea Dem. Rep.. . Korea,Rp 4,710 26,806 33.5 36!8 ... 7.8 18.2 53:1. .. 41.83 56 6... .. 3.2 Kuwait 1,225 1,613 .......57.7 73.3 ..30 8 8.9 ... 115 ....... 17~8 . .. .........R ..... 97 .. .. 15.5..:. .528....312.I 0...4.. Latvia . 1,126 628 19.1 . 6.8 11.4 Lebanon 630 Lesotho 32 --38 .... 20 8.2 ... 37.8 46.0 602 45:8 Libya 164 . 64.5 .. ......'......1.6.2 .... 29:4.4 . . .. ......... Lithuania 798 .. 44.9 39 6 1 4.4. 1.1 Macedonia, FYR 185.... Madag scar 79 293 49.4 27.1 6.3 22.1 44.0 49.2 0.4 1.6 Malawi 32 22 49.8 58.5 29.5 20.6 19.8...... 20.6 0.9 0.3 Malaysia 1,135 11,269 41.6 21.3 28.0 35.2 29.8 43.4 0.6 0.1 Mali....- 58 .. . 67. 30.9 38.2 25.8, 270.0. 42.2 34.0..... 1.0 0.9 Mauritania 56 28 26.3 ....-6.3 11.9 4.1. 61.8 . ... _53.6 ...... 0.0 Mauritius 140 908 38.4 22.9 30.2 55.5 31.2 21 6 0.2 0.0 Mexico 4,591 10,901 9.7.. 69.7 ~ . .. .. ........ ..... .10.4. .. 10.2.................. Moldova . 104 49:3 31.6 . 14.5. 2.8 Mongolia 37 57 26.5 26.2 8.6 36.0 64.9 33.5. 4.4 Morocco 783 2,360 ... 20.3 18:.1 57.9 56.7 207.7.. . . 23~4 .1 ....... 1.8 Mozambique 118 242 78.5 24.8 0.0 .. 21.5 752 Myanmar .... 60... 309 34.5 19.7 .:. . 436.6 2 3 Namibia .. 242 . . 86.0 . 26. 1.4 Nepal 127 643 5.9 10.0 40.8 21.2 53.3 68.8 Netherlands .17,150 49,185 51-.5 41.0 1.1 -13.3 34.3 44.2 1.2 1.4 New Zealand 1,009 4,708 58.2 .. 33.9 .. ..21.1. 51j.7.. . 19,.6 14.6 1.1 -0.1 Nicaragua 44 132 36.0 13.0 48.6 44.2 .. 14.9 40 8 0. .5 . ... 2.0 Niger 41 33 33.5 1:2.2.... 15.2 21.3 50.9 ... 77.5 0.4 0.0 Nigeria 1,127 640 80.9. 10..5 6.0 4.8 6.5 ... 844.4 .66 0.... .3 Norway 8,615 13,918 74.5.... 56.9 8.8 16.7 16.3. 19 0 0.4 7.4 Pakistan 617 1,665 41.3 44.7 22.8 5.9 34.1 48.7 1.8 0...I....O8 Panama 902 1,537 47.0 51.7 19.0 22.3 258.8 20.5 6.2 5.5 Papua New Guinea 43 436 33.8 7.7 28.3 3.1 36.9 86.0 1.0 3.1 Paraguay 118 1.229 2.0 2.9 55.3 56.5 42.6 40.5 0.2 Peru 715 1,371 30.9 24.9 40.9 46.1 24.9 214.4. .. 3..2 7.6 Philippines 1,447 9,348 14.2 2.9 22.1 12.2 63.6 84.3 . 0.7 Poland 2,018 9,833 59.2 ... 28.0 11.9 32.1 24.1 32.4 4.8 7.5 Portugal . 2006. 8,141 23.5 17.9 57.3 57.7. 18:.1 19 5 1 2 4.9 Puerto Rico......... Romania 1.063 1,563 37.6 36.6 30.5 33.8 27.8 24.8 4.2.. 4..7 Russian Federation . 12,217 25 6 56 3 1. . 07 199s World Development Indicators 197 4.6 Service Transport Travel Communications, Insurance exports computer, and financial information, services and other services 1980 $ ilos1996 ±980 % fttl1996 1980 % fttl1996 1980 % fttl1996 1980 'oftal1996 Rwanda 32 21 42.3 33.1 10.8 16.3 46.3 50.7 0.6 Saudi Arabia 5,191 3,518 15.3 0.0 25.9 0.0 58.8 100.0 Senegal 337 556 19.1 10.1 29.3 30.2 51.3 59.3 0.3 0.4 Sierra Leone 49 100 31.4 12.3 25.5 69.0 43.1 18.5 ..0.2 Singapore 4,856 30,040 26.9 17.3 29.5 26.6 42.5 54.5 1.1 1.6 Slovak Republic -.2,066 31.1 .. 32.6 .. 30.9 ..5. 4 Slovenia .. 2,127 .. 22.6 .. 57.8 .. 19.1 .. . 5 South Africa 2.929 4,253 41.8 27.0 47.1 52.3 2.5 11.0 6.6 9.6 Spain 11593 44,364 25.9 15.2 60.0 62.3 11.6 16.8 2.43. Sri Lanka 231 765 18.8 44.3 42.9 21.7 37.4 ~ 30.4 1.0 3.6 Sudan 216 115 9 .2 1.6 17.9 16.6 72.4 81.9 0.5 0.0 Sweden 7,489 16,930 40.5 30.2 12.9 21.8 44.0 45.7 2.6 2.4 Switzerland 6.888 26,225 18 .8 94 46.0 3420. 269.795 Syrian Arab Republic 365 1.833 17.2 13.4 42.9 65.8 39.9 20.8 Tajikistan ..2 . .. . Tanzania 165 667 39.5 11.5 12.6 77.8 46.4 7.7 1.5 0.4 Thailand 1.490 17,008 20.1 15.4 58.2 53.4 21.2 29.0 0.5 0.7 Togo 74 73 38.3 14.2 35.2 32.6 25.0 52.7 1.4 0.5 Trinidad and Tobago 411 343 27.7 56.6 37.3 22.6 35.0 12.0 ..8.9 Tuni'sia 1,067 2,632 19.4 24.4 64.1 60.3 14.8 13.4 1.6 1.9 Turkey 711 13,051 37.4 13.5 45.9 43.3 16.3 40.9 0.4 2.3 Turkmenistan . .. .. .. Uganda 10 135 0.0 13.7 40.4 61.1 59.6 5.2 Ukrai'ne .. 4,799 .. 75.6 ..6.7 .. 15.0 ..2.7 United Arab Emirates . .. .. .. United Kingdom 36,452 79,389 38.9 22.6 19.0 25.2 42.1 41.0 .. 11.2 United States 47.550 234,687 299.9 20.4 22.3 34.2 44.6 41.1 3.2 4.3 Uruguay 468 1.359 18.6 29.5 63.7 47.5 14.8 21.7 2.9 1.2 Uzbekistan .. 380 . .. .. Venezuela 693 1,565 . 4.1 30.4 35.1 56.5 9.5 13.0 14.4 0.1 Vietnam .. 2,364 -.. . .. West Bank and Gaza . .. .. .. Yemen, Rep. .. 191 .. 17.3 .. 27.8 .. 54.9 Yugoslavia, FR (Serb./Mont.) . .. .. Zambia 152 .. 56.8 .. 13.9 .. 25.3 .. 4.1 Zimbabwe 169 383 56.9 24.3 14.6 46.7 25.1 28.7 2.4 0.3 Low income 11,623 46,899 Exci ~ '''d ' ....... ... 7,O..6 ... . 15,95' ........ .......... ..................... .... . China.....&....ndia....7,064.....15,956... M iddle c re...............68,474 .....24,..524 .......... .......... ..................... ......... ....-. incom e 68,474. .....242.524... Lo- --wer m m iddle inco e.m e .. . . . .... ...... .. .. .: . ... .. .. . . . .. . .... . .. . .. .. .. .... .. ... .. . . . .. ..... . .. .... ... ... . . ..... .. .. :.. . . Euroe &CenralAsia Leti-n "Am-eri'ca' & Carib. 17.799 48.:369 Middle East& N. Afric..... ... 5......................1......3.... South Asia 4,180 14,128~ ~ ~ ~~~~~~: ........... ......... ........ ... . .. . ........ . ..... .... ....:~ ... a. Incoludes Luxembourg. b. Data pror to 1992 include Eritree. c. Oats prior to 1990 refer to the Feoerai Republic of Germany before urnficat on. 198 1998 World Development Indicators 4.6 . Balance of payments statistics, the main source of new classification of trade in services introduced in * Service exports refer to economic output of intan- information for international trade in services, the fifth edition of its Balance of Payments Manual gible commodities that may be produced, transferred, have many weaknesses. Until recently some large (1993). and consumed at the same time. International trans- economies-such as the former Soviet Union-did Still, difficulties in capturing all the dimensions of actions in services are defined by the IMF's Balance not report data on trade in services. international trade in services mean that the record of Payments Manual (1993), but definitions may nev- Disaggregation of important components may be is likely to remain incomplete. Cross-border intrafirm ertheless vary among reporting economies. limited and varies significantly across countries. service transactions, which are usually not captured * Transport covers all transport services (sea, air, There are inconsistencies in the methods used to in the balance of payments, are increasing rapidly as land, internal waterway, space, and pipeline) per- report items. And the recording of major flows as foreign direct investment expands and electronic net- formed by residents of one economy for those of net items is common (for example, insurance trans- works become pervasive. One example of such trans- another and involving the carriage of passengers, actions are often recorded as premiums less actions is transnational corporations' use of movement of goods (freight), rental of carriers with claims). These factors contribute to a downward mainframe computers around the clock for data pro- crew, and related support and auxiliary services. bias in the value of the service trade reported in cessing, exploiting time zone differences between Excluded are freight insurance, which is included in the balance of payments. theirhomecountryandthehostcountriesoftheiraffil- insurance services; goods procured in ports by non- Efforts are being made to improve the coverage, iates. Another important dimension of services trade resident carriers and repairs of transport equipment, quality, and consistency of these data. Eurostat and not captured by conventional balance of payments which are included in goods; repairs of railway facili- the Organisation for Economic Co-operation and statistics is establishment trade-sales in the host ties, harbors, and airfield facilities, which are included Development, for example, are working together to country by foreign affiliates. By contrast, cross-border in construction services; and rental of carriers with- improve the collection of statistics on trade in ser- intrafirm transactions in merchandise may be out crew, which is included in other services. * Travel vices in member countries. In addition, the reported as exports or imports in the balance of covers goods and services acquired from an economy International Monetary Fund (IMF) is implementing the payments. by travelers in that economy for their own use during visits of less than one year for business or personal NNEMMZkM purposes. * Communications, computer, informa- tion, and other services cover international telecom- Service exports are increasing munications and postal and courier services; % of regional exports of goods and services % of giobal service exports, 1996 computer data; news-related service transactions E -. s ,^ _ _ between residents and nonresidents; construction services; royalties and license fees; miscellaneous .,;E: jr,' ,r7-j-. Er< Mg n t s., 6r,:;3rr, business, professional, and technical services: per- n,,d| E-.-- _ c;_ 1- sonal, cultural, and recreational services; and gov- .,,..rl E I u-! i.: . rtrF uil,-, .. .. ernment services not included elsewhere. Insurance and financial services cover various tii 1l-,,;*, _- e* .gr ,,.D(,r, _ _ . . .. ^ t ypes of insurance provided to nonresidents by resi- e. -^; . r;,e >ahsrJ, dent insurance enterprises and vice versa, and finan- cial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents. o 5 10 16 20 25 0 1985 0 1995 Data sources Source: international Monetary Fund, balance of payments data files. The importance of service exports has increased in every region except South Asia, which already had the Data on exports and imports largest share of services in Its export trade. East Asia and the Pacific was the fastest-growing service exporter during 1985-95, but service exports remain overwhelmingly a business of high-ncome countries. of services come from the IMF's balance of payments . !1 2 data files. The IMF publishes balance of payments data in its International Financial Statistics and Balance of Payments Statistics Yearbook. 1998 World Development Indicators 1i99 4.7 Structure of service imports Service Transport Travel Communications, Insurance imports computer, and financial information, services and other services 190$ mill ions 19 s % of total 19 180% of tota[ 96 18 % of total]96 18 % of Total 19 Albania 18 189 43.7 43.3 0.0 6.2 51.4 34.5 4.9 15.9 Algeria 2,697 39.9 12.4 .. 40.9 .. 6.8 Angola -1,563 20.1 5.6 .. 72.0 ..2.3 Argentina 3,788 6,716 33.6 47.3 .. 19.1 Armenia 129 71.7 17.0 .. 3.6 ..7.7 Australia 6,532 18,495 47.4 36.4 28.1 31.3 23.2 27.0 1.3 5.3 Austria 6,204 22,455 12.7 8.6 50.6 48.9 32.4 26.7 4.2 15.8 Azerbaijan 399... Bangladesh 173 733 64.3 65.5 3.3 11.7 26.4 16.3 6.0 6.4 Belarus 183... Belgium' 12,827 33,811 29.7 22.3 25.7 28.3 39.4 38.4 5.2 11.0 Benin 109 111 56.9 65.8 7.1 5.3 25.9 23.0 10.1 5.8 Bolivia 259 377 53.3 61.7 21.3 13.4 15.2 15.8 9.1 9.1 Bosnia and Herzegovina . Botswana 216 444 42.4 42.2 26.0 32.7 27.8 1 7.1 3.7 8.0 Brazil .4,871 13,630 56.5. 42.6 7.5 24.9 35.0 23.3 1.0 9.2 Bulgari'a 549 1,23.4 51.3 .38.5 8.6 16.1 34.4 45.4 5.7 Burkina Faso 209 138 58.0 46.9 15.3 16.4 21.9 32.6 4.8 4.0 Burundi.. 102 30.0 24.9 .. 41.2 ..3.9 Cambodia 222 44.9 6.5 .. 44.6 .4.0 Cameroon 377 657 39.0 34.4 11.5 21.1 44.1 37.5 5.4 7.0 Canada 10,805 35,772 29 .5 22.6 30.5 31.0 40.0 46.4 Central African Republic 142. 114 47.3 43.7 24.5 38.0 23.5 10.4 4.7 7.9 Chad 2 4 199 6.4 48.1 57.5 13.0 35.4 37.6 0.7 1.3 Chile 1,583 3,587 52.4 52.9 12.6 22.4 32.3 26.8 2.7 -2.0 China 2,024 22,585 61.6 45.7 3.3 19.8 30.7 33.5 4.4 1.0 Hong Kong, China. Colombia 1,170 4.094 45.3 28.2 20.5 22.1 24.0 32.7 10.2 16.9 Congo, Dam. Rep..608 41.9 .. 8.1 4. . Congo, Rep. 480 708 27.0 33.3 6.1 7.5 63.5 57.1 3.5 2.1 Costa Rica 286 947 58.2 40.1 21.1 34.6 13.9 18.7 6.7 6.6 C6te dIlvoi're 1,531 1,502 38.6 40.1 15.8 16.5 37.7 41.6 7.9 1.8 Croatia .. 3,185. . 42.4 .. 32.4 .. 25.2 Czech Republic .. 6.264 .. 11.2 .. 4. . 3. 4.5 Denmark 4,663 14,819 47.7 47 274 27.9 22.9 27.4 2.0 Dominican Republic 399 962 39.6 56.8 41.6 21.1 14.7 9.9 4.1 12.2 Ecuador 704 975 36.0 43.0 32.4 22.5 19.1 19.5 12.4 15.1 Egypt, Arab Rep. 2,343 6,253 40.3 32.6 7.2 25.9 49.1 37.7 3.4 3.8 El Salvador 273 490 29.3 52.7 38.8 14.8 20.7 21.5 11.2 11.0 Estonia .. 608 .. 45.0 . 16.6 .. 34. 1 ..4.3 Ethiopia, 90 234 72.2 60.9 2.2 8.2 25.6 25.1 ..5.8 Finland 2,555 8,773 39.4 23.1 23.1 25.3 35.1 49.6 2.4 1.9 France 32,148 72,087 . 2.4 28.6 18.7 24.3 48.1 35.8 4.8 11.3 Gabon 789 949 22.0 29.6 12.2 18.3 60.1 48.3 5.7 3.8 Gambia. The 42 77 55.8 40.3 3.5 20.6 33.2 35.1 7.4 3.9 Georgia .. 105 . .. .. Germany' . 42,378. 128.060 . .~1 19.3 41.2 39.7 33.2 38.5 0.6 2.6 Ghana 270 456 39.7 47.0 12.1 4.9 45.8 41.1 2.3 7.0 Greece 1,428 4,238 41.5 29.8 21.6 28.6 31.1 36.9 5.8 4.7 Guatemala 487 660 37.0 43.5 33.6 20.5 26.0 28.4 3.3 7.6 Guinea .. 422 .. 34.7 .. 6.3 .. 52.6 ..6.3 Guinea-Bissau 14 21 47.9 52.6 11.0 . 36.0 41.5 5.0 5.8 Haiti 162 283 49.3 66.8 25.1 13.1 23.0 20.1 2.7 Honduras 174 334 53.3 58.9 17.8 1 7.1 16.6 21.6 12.3 2.4 200 1998 World Development Indicators 4.7 Service Transport Travel Communications, Insurance imports computer, and financial information, services and other services $ millions % of total % of total % of total % of total 1.980 1996 19830 ±996 1980 ±996 1980 1996 1980 1.996 Hungary 524 3,506 .. 60.3 .. 9:0.0..... 26.9 27.3 6.1 56.9 6.7 6.7 India 1,516 8,287 60.0. 55.5 ..3.8 9.7 31.0 29.3 5.3 5.4 Indonesia 4,998 13,475 40.1_ . 35.2 11.9 16.1 44.2 45.4 3.8 3.2 Iran, Islamic Rep. 5,223 2,339 43.6 40.3 325.5 103.3 17..4 40.1 6.4 .... 93 Ireland 1,593 13,260 43.9 14.3. 36 6 16.4 16.1... 68~1 34... 1.3 ... Israel 2,310 10,980 44.1 33.6 . 35.6 36.3 18.5 28.0 1.8 2.1 Italy 16,249 67,445 43.8 35.0 1 1.8 23.4 31.3 33.1 13.1 8.5 Jamaica 370 1,034 55.4 47.6 8.9 14.3 23.8 28.7 11.8 9.4 Japan 32,360 129,962 52.2 25.9 -14.2 28.5. 31..3 . .. 40.0.. 2.3 3.8 Jordan ......819 1,603 32.8 45.0 331.1 23.9 28.1. 25.2 ....... 6'.0.... 6 0 K aza...... n ~ . . . I . . . . . . . . ... 9 2 .... ..I . ... ... . . ... . . . . . . Kenya.. ..502 860 .66.2 53.8 46.6 19.4 18!0. 21.0 . ... 11.2 5.8 KoraDem. Rep. Korea,Rp 4,089 32,154 55.8 ~ 35.9 .... 8.6 I... 23.3 30.0 38.0 5.6 2.8 Kuwait.3067 5,107 38.8 ..33.4. 43j.7 48.8 16.9 ... 165.5 0.6 1.3 Kyrgyz Republic .. 49 Lao PDR .... ....... 119 .... . 3415 249 .. 39.8 . ... 0.8 Latvia . 742 ....... 23.4 503 194 ..... 7.0 Lebanon .. 604 Lesotho 50 64 31.6 50.8 .158 10.6 49.7 33,6 2.8 5'0 Libya 2,303 . 51.4 . 20.4 . 23.2 5 0 Lithuania .. 677 44.2 . 9.3 156 0 Madagascar 311 373 57.3 46.7 9.9 19.3 28.0 33.2 4.8 0.8 Malawi 179 234 81.7 83.0 5.6 6.5 5.3 2.0 7.4 8.5. Malaysia 2,957 14,442 44.3 38:2.2. .. 24.5~ .. 16.0 31.2 45.7 Mali 212 324 65.8 51.1. 9!.6 16.7 1-8.3 26.7 6.2 5.6 Mauritania 128 217 59.1 55.7 13.6 10.5 24.2 32.4 3.1 1.3 Mauritius 1. .. 74 680 64.7 411. 12.9 .. 26.3 15.2 28.5 .... 7.2 4 .1 Mexico 6,514 10,819 28.2 38.6 .47.0 .. 31.3 16.3 .. 19~.0.... 8.5 ....8 .9 Moldova .. 182 .. 4. . 2. . 2. . 3.9 Mongolia 31 95 48.4 63.7 0.3 20.4 51.3 15. Morocco 1,436 1,984 34.4 .. ...36.5 .... 6.8 15.1 55.5 42.4 3.3 5.9 Mozambique 14 350 ....79.0 32.7 0.0 . 14.5 65.-1 6.5 2.2 Myanmar 85 122 56.8 . 4.67. 31.7 6.9 Namibia . 494 .. 3. . 15.1 .. 39.9 . 6..8 Nepal 81 261 30.1 22.9 29.2 51.4 38.2 25..7 2.5 Netherlands 18,148 45,736 43.9. . 30.2. 26.6 25.2. 27.1. 41.7 .... 2.4 2..9 New Zealand 1,843 5,037 39.4 41.2 283.3 29.4 31.8. 259 ... 0 .6 3.5 Nicaragua 104 246 50.7 36.9 29.9 24.4 14.2 35.1 .. 5.2 ... 3.7 Niger 279 152 430.0-..... 589.9 . 6.6 8.8 43..7. 30.3 ... 6.7 2.0 Nigeria 5,285 4,215 33.7 9A.4 18.7 27.0.. 44.8 62.6 2.8 1.0 Norway 6,996 13,465 52.2 38.5 21.1 28.5 23.3 22.9 3.4 10.1 Oman 518 1,037 34.1 42.8 6.2 4.5 55.9 47.9 3.8 4.8 Pakistan 853 3,159 64.5 55.4 9.6 15.2 22..8 25 .8 3.0... 3.6 Panama 588 1,012 65.4 66.7 9.5 13.4 14.9 11:.5 10.2 8.3 Papua New Guinea 302 747 60.4 24.1 5.9 9.6 28.9 58.3 . .. 4.8 7..9 Paraguay 260 960 58.0 53.8 21.0 23.6 13.2 12.5 7.9 10.1 Peru 880 2,050 55.4 41.2 12.2 17.1 25.2 30.9 7. .2.. 10.7 Philippines 1,439 6.926 52.1 29.6 7.4 6.1 39.8 62.7 0.8 1.6 Poland 2,23 6,429 59.9 263.3 12.9 9.1 25.3 50.. ..2 . 2.0 14.4 Portugal 1.525 6.943 48.8 25.1 19.1 33.9 27.2 33.8 4.9 7.2 Puerto Rico............ Romania 1,045 1,948 76.8 35.5 7.0 34.1 7.7. 25.8 8.5 4.5 Russian Federation .. 18,595 . 13.4 . 57.7 .. 28.2 . 1998 Worldl Development Indicators 201 4.7 Service Transport Travel Communications, Insurance imports computer. and financial information, services and othe rservices 1980 $n[los1996 1980 % fttl1996 1980 ofttl1996 1980 %otta1996 1980 f t 1996 Rwanda 123 150 63.5 30.0 9.3 8.3 27.3 51.7 Saudi Arabia 30,231 22,049 17.1 9.8 8.1 0.0 73.3 59.1 1.5 1.1 Senegal 340 578 46.9 39.9 17.6 12.4 29.0 42.8 6.5 4.9 Sierra Leone 85 108 54.8 14.5 9.8 57.5 23.4 24.8 11.9 3.2 Singapore 2,912 18,730 38.3 33.8 11.4 32.5 46.1 28.3 4.3 5.3 Slovak Republic .. 2,027 .. 19.4 .. 23.8 .. 47.8 .9.0 Slovenia .. 1.423 .. 28.4 .. 38.1 .. 31.9 ..1.5 South Africe 3,805 5.689 48.4 46.7 20.3 27.5 20.0 17.0 11.3 8.8 Spein 5,732 24,352 38.6 28.4 21.5 20.2 34.6 44.4 5.4 7.1 Sri Lanka 351 1,202 60.4 57.3 9.5 14.6 23.5 22.1 6.5 6.0 Sudan 258 193 34.3 64.0 16.8 13.8 44.5 21.7 4.5 0.3 Sweden 7,018 18,755 35.9 26.2 31.6 33.3 28.1 39.1 4.4 1.4 Switzerland 4.885 15,387 30.4 24.9 48.8 49.0 19.3 25.1 1.8 1.0 Syrian Arab Republic 521 1.555 26.8 51.3 33.9 33.0 37.3 15.7 2.2- Tajiki stan . .. .. .. Tanzania 132 1,018 82.1 23.1 8.7 43.2 25.6 30.1 5.5 3.4 Thailand 1,644 19,585 64.4 40.1 14.8 21.9 14.8 31.7 5.9 4.9 Togo 167 78 62.7 48.4 14.1 29.7 16.7 11.5 6.63 10.4 Trinidad and Tobago 645 242 45.7 38.9 21.6 28. 7 23.5 25.1 9.2 7.3 Tuni'sia 600 1.259 51.1 40.1 17.7 19.9 25.5 33.6 5.7 6.4 Turkey 569 6,396 50.5 26.7 18.3 19.8 27 1 46.9 4.2 6.6 Turkmenistan . .. .. .. Uganda 123 383 58.2 34.7 14.6 20.4 22.8 41.0 4.4 3.9 Ukraine .. 1,625 .. 34.0 .. 15.7 -. 42.9 .7.3 United Arab Emirates...... ... United Kingdom 27,933 68.153 47.5 28.0 22.9 38.2 29.6 32.7 i. .2 United States 40,970 152,774 37.5 29.0 25.4 32.7 35.0 33.4 2.1 5.0 Uruguay 476 820 31.8 43.7 42.6 27.2 18.1 27.7 7.5 1.5 Uzbekistan .. 463 . .. .. Venezuela 4,253 4,900 31.7 25.0 47.0 46.4 16.5 25.8 4.8 2.8 Vietnam .. 2.390 . .. .. West Bank and Gaza . .. .. .. Yemen, Rep. .. 757 .. 45.4 .. 12.8 .. 41.8 Yugoslavia, FR (Serb./Mont.) . .. .. Zambia~ 851 -. 53.5 .. 8.5 .. 33.9 .. 4.0 Zimbabwe 395 712 43.3 50.7 40.3 16.9 13.9 29.8 2.6 2.6 Low income 22.029 64,428...... E'xc I'. C i'n a' & n India............ .....j k b .... Middl'e' i n' c'o"m'e ..... 161,500 279.679 Low ..&.. mi'd"d'le ..i'nc"o..m"e ........15-7,2-8-6 .....3'3'6,906...... EAst Ai"a &Pa"cifi"c 14.719 86,060 u.ope&Cetra Asa Lat-in-' . A e'rijc"a & ...Ca'rib. 32,:387 58.696 . ........ Middle East & N. Africa 55,014 48 ..............471. So'Uth Ai ia ...................3,18'6... 14 0 0 H4iih in-c'..m"e ........... ...31-3-87-2 ....1,0"1"9",6..8'0 ....... a. IncJudes L-,Omebourg. b. Data prior to 1992 include Eritrea. c. Data prior to 1990 refer to the Federal Republic of Germany beforc unlficot,or. 202 1998 World Development Indicators 4.7 Although the data have many deficiencies, it is clearthat such as financial, brokerage, and leasing services. * Services imports refer to economic output of intan- trade in services has grown faster than trade in mer- Growing by an average 9.5 percenta year, trade in these gible commodities that may be produced, transferred, chandise over the past 15 years. During 1980-95 ser- services rose from 37 percent of commercial services and consumed at the same time. International trans- vice trade grew an average 8 percent a year, compared trade in 1980 to 45 percent in 1993. Tourism is another actions in services are defined by the International with 6 percentfor merchandise trade (in nominal terms). rapidly growing sector (see table 6.15). Monetary Fund's (IMF) Balance of Payments Manual This rapid growth boosted commercial services' share Data on service imports are taken from balance of (1993), but definitions may nevertheless vary among in global trade from 16 percent in 1980 to 18 percent payments statistics. For more information on trade in reporting economies. * Transport covers all transport in 1995. The most dynamic trade is in private services services see About the data for table 4.7. services (sea, air, land, internal waterway, space, and pipeline) performed by residents of one economy for those of another and involving the carriage of passen- gers, movement of goods (freight), rental of carriers The top 25 service importers in 1996 with crew, and related support and auxiliary services. $ bYlions Excluded are freight insurance, which is included in 2 insurance services; goods procured in ports by non- resident carriers and repairs of transport equipment, IT-: which are included in goods; repairs of railway facili- ties, harbors, and airfield facillties, which are included to .~ in construction services; and rental of carriers without crew, which is included in other services. * Travel cov- ers goods and services acquired from an economy by |I I I I I i ii ii ii . | | | | | | | | g | | |travelers in that economy for their own use during vis- its of less than one year for business or personal pur- poses. * Communications, computer, information, oand ther services cover international telecommuni- cations and postal and courier services; computer So UWE e,. data; news-related service transactions between resi- dents and nonresidents; construction services; royal- The sare coumri., Lhi are Lne lage .t export6rs of services also Ten Tobe tihe ia,gel imworters. As irnoe In sGr.[cES coni;nue; ia gr&... n.ore dee'iopnig cc.unteles lIII begin to enrer tne ranks of major trader,, ties and license fees; miscellaneous business, professional, and technical services; personal, cul- tural, and recreational services; and government ser- vices not included elsewhere. * Insurance and financial services cover various types of insurance pro- vided to nonresidents by resident insurance enter- prises and vice versa, and financial intermediary and auxiliary services (except those of insurance enter- prises and pension funds) exchanged between resi- dents and nonresidents. Data sources Data on exports and imports of services come from the IMF's balance of payments data files. The IMF publishes balance of payments data in ,l l its International Financial Statistics and Balance of Payments Statistics Yearbook. 1998 World Development Indicators 203 VA" " 4.8 Structure of demand Private General Gross domestic Exports Im ports Gros domestic consumption government investment of goods of goods savings consumption and services and services % of GDP % of GDP %ofGDP 18% of GDP % of GDP % of GDP 1980 1996 1980 1996 1980 1996 I 90 1996 1980 1996 1980 1996 Albania 56 94 9 13 35 21 13 40 .. -7 Algeria 43 52 14 14 39 27 34 32 30 25 43 34 Angola 19 33 -11 .. 77 40 .. 48 Argentina 76 82 a ~ 25 19 5 9 6 9 24 18 Armenia 47 115 16 13 29 10 24 .. 62 37 -28 Australia 59 61 18 18 25 21 16 21 18 21 24 21 Austria 55 56 18 20 29 25 36 39 38 39 27 24 Azerbaijan 87 9 . 24 2.. 42 4 Bangladesh 92 79 6 14 15 17 6 14 18 24 2 7 Belarus .. 59 .. 23 25 .. 44 .. 52 17 Belgiumn 63 62 18 15 22 18 62 73 65 68 19 23 Benin 96 80 9 11 15 17 23 25 43 33 -5 9 Bolivia 67 79 14 .13 15 15 21 20 17 27 19 8 Bosnia and Herzegovina Botswana 47 28 18 29 35 24 50 51 49 33 36 43 Brazil 70 66 9 16 23 19 9 7 11 8 21 18 Bulgar'a 55 71 6 12 34 14 36 65 31 62 39 17 Burkina Faso 95 79 10 13 17 25 10 12 33 29 -6 8 Burundi 91 91 9 10 14 9 9 4 23 14 -1 -1 Cambodia .. 87 8 .. 21 .. 27 .. 43 . Cameroon 70 71 10 8 21 16 27 19 27 13 20 21 Canada 55 60 19 20 24 18 28 38 27 35 25 21 Central African Republic 94 89 15 8 7 6 25 19 41 22 -9 3 Chad 99 85 8 13 4 19 2z 25 41 44 -6 3 Chile 71 65 12 9 21 28 23 27 27 29 17 26 China 51 45 15 11 35 42 6 21 7 19 35 44 I-I:.,,~~~~~~ v..:Kr,,,~~~~~~~~ -- !4. I ~~~..143 34 31 Colombia 70 72 10 10 19 21 16 17 16 20 20 17 Congo, Dem. Rep. . 82 88 8 4 10 6 16 35 16 33 10 8 Congo, Rep. 47 59 18 11 36 61 60 67 60 97 36 30 Costa Rica 66 60 16 17 27 23 26 45 37 46 16 22 C6te dIlvoire 63 68 17 12 27 14 35 45 41 38 20 20 Croatia .. 66 .. 30 s15. 42 .. 53 .3 Czech Republic .. 51 . 22 . 35 .. 55 . 62 .. 27 Denmark 56 54 27 25 19 17 33 34 34 30 17 21 Dominican Republic 77 75 8 6 25 24 19 29 29 34 15 19 Ecuador 60 66 15 12 26 17 25 31 25 26 26 22 Egypt, Areb Rep. 69 78 16 10 28 17 31 21 43 25 15 12 El Salvador 72 87 14 9 13 16 34 21 33 33 14 3 Eritrea .. 127 . .. 26 .. 32 . 85 .. -27 Estonia . 61 .. 25 . 27 .. 73 . 86 .. 14 Ethioplab 83 82 14 12 9 21 11 13 17 27 3 ~ 7 Finland 54 53 18 22 29 16 33 38 34 30 28 25 France 59 60 18 19 24 18 22 23 23 21 23 21 Gabon 26 46 13 11 28 20 65 60 32 37 61 43 Gambia,The 79 77 20 18 26 21 47 58 72 74 1 5 Georgia 56 100 13 7 29 4 .. 17 .. 28 31 -7 Germany .. 57 .. 20 .. 23 . 24 .23 . 23 Ghana 84 79 11 12 6 19 8 27 9 38 5 8 Greece 71 81 12 14 24 14 16 16 22 27 18 5 Guatemala 79 87 8 5 16 13 22 18 25 23 -13 8 Guinea .. 82 .. 8 . 13 .. 109 22 .. 10 Guinea-Bissau 77 93 29 7 30 22 8 10 44 32 -6 1 Haiti 82 101 10 9 17 2 22 7 31 28 8 -7 Honduras 70 63 13 9 25 32 36 48 44 52 17 27 204 1998 World Deve.opment Indicators 4.8 Private General Gross domestic Exports Imports Gross domestic consumption government investment of goods of goods savings consumption and services and services % of GDP %of GDP % of GDP % of GDP % of GDP % of GDP 1980 1996 1.980 1996 1980 1996 1980 1996 1980 1996 1980 1996 Hungary 61 64 10 10 31 27 39 39 41 40 29 26 India 73 66 10 10 21 27 7 12 10 15 17 24 Indonesia 51 59 11 8 24 32 34 26 20 25 38 33 Iran, Islamic Rep. 53 53 21 13 30 29 13 2.1 16 16 26 34 Ireland 55 19 15 15 48 75 6593 Israel 50 58 39 29 22 24 40 29 51 40 11 13 Italy 61 61 15 16 27 .18 22 28 25 23 24 22 Jamaica 64 71 20 16 16 27 51 55 51 68 16 14 Japan 59 60 10 10 32 29 14 9 15 8 31 30 Jordan 79 66 29 23 37 35 40 50 84 75 -8 11 Kazakhstan .. 68 .. 12 23. 31 . 34 .. 2 0 Kenya 62 69 20 15 29 20 28 33 39 37 18 17 Korea, Dem. Rep. . . Korea, Rep. 64 55 12 I1 32 38 34 32 41 36 25 34 Kuwait 31 49 11 33 14 12 78 55 34 49 58 18 Kyrgyz Republic 87 . 17 . 19. 31 55-4 Lao PDR .. .. 3 342 . 12 Latv a 59 7 0 8 20 26 19 46. 55 33 10 Lebanon .. 102 .. 15 30.. 11 58 -17 Lesotho 133 68 26 20 43 104 20 22 122 114 -5 12 Libya 21 . 22 22 . 66 31.. 5 Lithuania 70 . 18 . 21I .. 52 . 62 . 11 Macedonia, FYR 82 . 14 . 5. 37 . 49 .4 Madagascar 89 90 12 6 15 10 13 18 30 24 -1 4 Malawi 70 72 19 17 25 17 25 21 39 27 11 11 Malaysia 51 47 17 11 30 41 58 92 55 91 33 42 Mali 92 78 10 11 16 27 16 21 34 36 -2 12 Mauritani'a 68 72 25 14 36 2 2 37 54 67 62 7 14 Mauritius 75 68 14 10 21 26 51 61 61 65 10 22 Mexico 65 66 10 10 27 21 11 22 13 20 25 23 Moldova.. 66 .. 20 28 . 52 .. 66 14 Mongolia 44 64 29 16 63 22 21 44 57 46 27 20 Morocco 68 68 18 16 24 21 17 25 28 30 14 16 Mozambique 103 68 21 12 0 48 21 28 45 56 -24 20 Myanmar 82 89 . a 21 11 91 13 2 18 11 Namibia 44 59 17 30 29 20 76 49 67 58 39 11 Nepal 82 82 7 10 18 23 12 23 19 37 11 9 Netherlands 61 60 17 14 22 19 51 53 52 47 22 26 New Zealand 62 63 18 14 21 22 30 30 32 29 20 23 Nicaragua 83 84 20 13 17 28 24 41 43 66 -2 3 Niger 67 85 10 11 37 10 24 16 38 22 23 4 Nigeria 56 64 12 11 21 199 1 19 I1 31 2 Norway 50 . 19 21 25 . 43 41 37 31 31 Oman 28 42 25 31 22 17 63 49 38 40 47 27 Pakistan 83 73 10 12 18 19 12 17 24 21 7 14 Panama 45 53 18 15 28 29 98 94 89 91 38 32 Papua New Guinea 61 36 24 24 25 27 43 57 53 44 15 40 Paraguay 76 73 6 10 32 23 15 21 29 26 18 17 Peru 57 73 11 8 29 24 22 12 19 16 32 19 Philippines 67 74 9 12 29 24 24 42 28 52 24 14 Poland 67 64 9 18 26 20 28 23 31 26 23 18 Portugal 67 65 13 18 330 250 25 33 38 41 20 17 Puerto Rico 75 . 16 . 17 . 65 73 . 10 Ro.mania 60 70 5 11 40 25 35 27 40 33 35 1 Russian Federation 62 63 15 11 22 22 . 23 19 22 25 1998 World Development Indicators 205 W ~4.8 Private General Gross domestic Exports Imports Gross domestic consumption government investment of goods of goods savings consumption and services and services %kof GDP % of GDP % of GDP %of GDP % of GDP S GDP 1980 1996 1980 1996 1980 1996 1980 1996 1980 1996[ 1980 1996 Rwanda 83 92 12 10 16 14 14 6 26 22 4 -3 Saudi Arabia 22 42 16 26 22 20 71 42 30 30 62 32 Senegal 78 78 22 10 15 17 28 31 44 36 0 11 Sierra Leone 79 99 21 11 17 9 28 12 45 31 0 -10 Singapore 53 41 10 9 46 35 216 187 224 169 38 50 Slovak Republic 49 24 38 57 69 .. 27 Slovenia 57 20 23 .. 55 56 .. 22 South Africa 50 61 13 21 28 18 36 26 28 26 36 18 Spain 66 62 13 17 23 21 16 24 18 23 21 21 Sri Lanka 80 73 9 10 34 25 32 35 55 44 11 17 Sudan 81 .. 16 15 .. 12 .. 24 .. 3 Sweden 51 52 29 26 2-1 15 29 40 31 33 19 22 Switzerland .63 14 15 27 C 36 36 40 32 23 Syrian Arab Republic 67 2.3 ~ 28 18 .. 35 .. 10 Tajikistan .. 71 .. 11 17 .. 114 114 .. 18 Tanzania' 83 13 18 .. 22 . 36 .. 3 Thailand 65 55 12 10 29 41 24 39 30 44 23 35 Togo 54 80 22 13 28 14 51 31 56 38 23 6 Trinidad and Tobago 46 63 12 12 31 15 50 53 39 42 42 26 Tunisia 62 61 14 16 29 24 40 42 46 44 24 3 Turkey.77 71 12 12 18 24 5 22 12 27 11 18 Turkmenistan Uganda 89 84 11 10 6 16 19 12 26 22 0 6 Ukraine . 58 .. 22 . 23 .. 46 . 48 .. 20 United Arab Emirates 17 54 11 18 28 27 78 70 34 69 72 27 United Kingdom 59 64 22 21 17 16r 27 28 25 29 19 15 United States 64 68 17 16 20 18 10 11 11 13 19 16 Uruguay 76 76 12 13 17 12 15 18 21 20 12 11 Uzbekistan . 66 .. 25 . 16 .. 31 . 38 ..9 Venezuela 55 66 12 5 26 17 29 37 22 24 33 30 Vietnam .. 86 . . .. 28 .. 42 . 55 .. 14 West Bank and Gaza . .. Yemen,Rep. .. 70 .. 15 .. 25 .. 40 .. 50 .. 16 Yugoslavia. FR (Serb./Mont.) Zambia 55 74 26 18 23 15 41 38 45 45 19 8 Zimbabwe 46 63 27 19 23 18 30 41 26 41 27 18 Low income 64 59 13 11 27 31 10 20 13 23 24 29 Middle income59 6 13 1 26 2 25 2 23 8 27 2 LCo"w emddl income 61 5 1 13 26 20 . . . . . 24 East Asia & Pacific . . . . . 32 . . 16 . . 15 3 38~~~~~~~~~~~~~~~~~~~~~~~~~~.. ....I.. ....... eur..mp '"'Ie&..Cintraol Asia 8 6 1 5 25 2 6 2 2 64..232.33. 30 21 .11 21 25 . .~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~. .. . ... . 1.*... ....2 aub-naharian africa.. 5.18.7 12 2 2 6 . . 291 18 18 2 .r.1 . 2 . 9 lo20 23 a. Genera] govern ent conssmption igures are not aailable separatey;7the...re.inclded.in.private ...umpt.o.... Oat .prier to ..99... i. de. Erit..... r .c...... ......t ...C.s.re ..n.. d''u -h..As a.................... - ........ Oats.....cover.9...mainland -Tanza....... 2 ia8 3 3niy. 2 206 1998 w orl O.... v..... o...m.....t . ind ................ _......... ..........cators.... ........ ... . .... ... .... - . ..... 4.8 Because policymakers have tended to focus on fostering of inventories due to price changes, but this is not always * Private consumption isthe marketvalue of all goods and the growth of output, and because data on production are done. In highly inflationary economies this element can be services, including durable products (such as cars, wash- easier to collect than data on spending, many countries substantial. ing machines. and home computers) purchased or received generate their primary estimate of GDP using the produc- Exports and imports are compiled from customs as income in kind by households and nonprofit institutions. tion approach. Moreover, many countries do not estimate returns and from balance of payments data obtained from It excludes purchases of dwellings but includes imputed all the separate components of national expenditures or, if central banks. Although the data on exports and imports rentfor owner-occupied dwellings. In practice it may include they do, derive some of the main aggregates indirectly from the payments side provide reasonably reliable records any statistical discrepancy in the use of resources relative using GDP (output) as the control total. of cross-border transactions, they may not adhere strictly to the supply of resources. * General government con. Expenditures from GDP include private consumption, to the appropriate valuation and timing definitions of the sumption includes all current spending for purchases of general government consumption, gross domestic fixed balance of payments or, more important, correspond with goods and services(includingwages and salaries) by all lev- capital formation (private and public investment), changes the change-of-ownership criterion. This issue has assumed els of government, excluding most govemment enterprises. in inventories, and exports (minus imports) of goods and greater significance with the increasing globalization of It also includes most expenditures on national defense and services. Such expenditures are generally recorded in pur- international business. Neither customs nor balance of security. * Gross domestic investment consists of outlays chasers' prices and so include net indirect taxes. payments data capture the illegal transactions that occur on additions to the fixed assets of the economy plus net Private consumption is often estimated as a residual, in many countries. Goods carried by travelers across bor- changes in the level of inventories. Fixed assets include by subtracting from GOP all other known expenditures. The ders in legal but unreported shuttle trade may further dis- land improvements (fences, ditches, drains, and so on): resulting aggregate may incorporate fairly large discrepan- tort trade statistics. plant, machinery, and equipment purchases; and the con- cies. When private consumption is calculated separately, For further discussion of the problems of building and struction of roads, railways, and the like, including com- the household surveys on which a large component of the maintaining national accounts see Srinivasan (1994), mercial and industrial buildings, offices, schools, hospitals, estimates are based tend to be one-year studies with lim- Heston (1994), and Ruggles (1994). For a classic analysis and private residential dwellings. Inventories are stocks of ited coverage- Thus the estimates quickly become out- of the reliability of foreign trade and national income sta- goods held by firms to meet temporary or unexpected fluc- dated and must be supplemented by price- and tistics see Morgenstern (1963). tuations in production or sales. * Exports and imports of quantity-based statistical estimating procedures. goods and services represent the value of all goods and Complicating the issue, in many developing countries the other market services provided to the world. Included is the distinction between cash outlays for personal business and value of merchandise, freight, insurance, travel, and other those for household use may be blurred. General govern- nonfactor services. Factor and property income (formerly ment consumption usually includes expenditures on called factor services), such as investment income, inter- national defense and security, some of which ame now con- est, and labor income, is excluded. Transfer payments are sidered to be part of investment. excluded from the calculation of GDP * Gross domestic Gross domestic investment consists of outlays on addi- savings are calculated as the difference between GDP and tions to the economy's fixed assets plus net changes in the total consumption. level of inventones. Underthe revised (1993) guidelines for the United Nations System of National Accounts (SNA), Data sourcs gross domestic investment also includes capital outlays on defense establishments that may be used by the general National accounts data for developing countries are col- public. such as schools and hospitals, and on certain types lected from national statistical organizations and central of private housing for family use. All other defense expen- banks by visiting and resident World Bank missions. Data ditures are treated as current spending. Investment data for industrial countries come from Organisation for may be estimated from direct surveys of enterprises and Economic Co-operation and Development (OECD) data administrative records or based on the commodity flow files. For information on the OECD national accounts series method using data from trade and construction activities. see OECD. National Accounts, 1960-1995, volumes l and While the quality of public fixed investment data depends 2. The complete national accounts time seres is available on the quality of govemment accounting systems iwhich on the World Development Indicators CD-ROM. tend to be weak in developing countries), measures of pri- vate fixed investment-particularlycapital outlays by small, unincorporated enterprises-are usually very unreliable. Estimates of changes in inventories are rarely complete but usially include the most important activities or com- modities. In some countries these estimates are derived as a composite residual along with aggregate private con- sumption. According to national accounts conventions, adjustments should be made for appreciation of the value 1998 World Development Indicators 207 W ~4.9 Growth of consumption and investment Private consumption Private General Gros consumption governmelnt domestic per capita consumption investment averagge annual average annual average~ annua. average annual $ mniJilons % growth % growth % growoh % growth 1980 1996 1980-9O 1990-96 1990-90 1990-96 1980-90 199,-96 .1980-90 1990-96 Albania .. 2,532 ......... -0.3 41.8 Algeri'a 18,293 24.081 1.9 0.8 -1.1 -1.5 4.7 4.2 -2.3 -4.8 Angola .. 1,269 0.3 -3.8 -2.5 -8.7 2.7 -3.9 -6.8 1.8 Argentina ... ......... -4.7 12.7 Armenia .. 1,692 3.5 -1 7.6 2.2 -18.6 5.9 -8.9 6.2 -17. 7 Australia 9360 224,020 3.0 3.5 1.5 2.3 3.6 2.6 2.7 5,2 Austria 43,264 19,065 2.4 . 2.0 2.2 1.3 1.4 2.0 2.2 2.3 Azerbaijan .. 3.187 .. 8.2 ... .. . -5.3 Bangladesh 11,857 25,178 4.1 0.8 1.5 -0.8 an 1.4 13.6 Belarus 11,482 .. -7.8 .. -7.9 .. -7.2 .. -17.1 Belgium 75.166 167,800 1.7 1.2 1.6 0.8 0.4 1.2 3.1 -0. 7 Benin 1,356 1,775. 2.3 .. -0.8 .. 2.4 .. -4.0 6.6 Bolivia 2,6 .5 0.6 3.1 -1.4 0.7 -3.1 5.8 -9.9 4.2 Bosnia and Herzegovina Botswana 483 1,402 -3.3 9.8 -5.7 I 3.4 9.7 .. -1.7 Brazil 163,832 492.282 1.6 4.4 -0.4 2.9 7.3 -0.8 0.2 3.7 Bulgaria 11,089 8,777 2.5 0.1 2.6 0.8 9.1 -10.4 2.4 -15.4 Burkeina Faso 131 2,014 2.6 2.7 0.0 -0. 1 6.2 2.2 8.6 1.1 Burundi 840 1,033 3.7 -2.9 0.8 -5.4 6.4 -1.5 4.5 -4.7 Cambodia 2,720 ...... Cameroon 4.710 6.570 3.9 -2.8 1.1 -5.6 5.3 -7.6 -2.7 -2.5 Canada 145,745 334,215 3.5 1.5 2.3 0.3 2.4 -0. 1 5.2 1.8 Central African Republic 747 945 0.4 0.1 -2.0 -2.1 -2.0 -5.0 9.9 -12.8 Chad 579 991 3.7 0.2 1.2 -2.3 12.4 -7.2 25.1 -1.3 Chile 19,489 50,55 1.9 8.8 0.3 7.1 0.4 3.3 6.1 11.5 China 103,442 366,169 9.7 10.9 8.1 9.6 7.8 12.3 11.0 15,5 Hon Kong, China ..,03 93,004 6.7 5.9 5.3 4.2 5.0 5.8 4.0 11.3 Colombia 23,456 58,348 2.6 4.6 0.7 2.7 4.2 8.3 0.5 20.8 Congo. Dem. Rep. 12.167 6.049 3.4 -7.0 0.0 -9.9 0.0 -19.6 -5.1 -5.0 Congo, Rep. 797 1,403 2.7 5.8 -0.5 2.5 4.0 -9.9 -11.9 -3.2 Costa Rica 3,156 5,430 2.9 3.6 0.0 1.4 1.1 2.3 5.3 2.4 C6te dIlvoire 6,388 7,232 .16 0.4 -2.2 -2.6 -0.1 0.9 -9.8 13.6 Croatia .. 12,647 . .... Cuba .. ..... Czech Republic .. 27,821 . 14.. 1.4 . -2.6 2.3 0.9 Denmark 37,050 93,823 1.8 3.0 1.8 2.6 1.1 1.6 4.0 2 4 Dominican Republic 5,109 9.847 1.9 4.5 -0.3 2.5 10.1 -3.2 5.2 8,9 Ecuador 6,995 12,640 1.9 2.8 -0.7 0.5 -1.6 -0.9 -3.8 3.2 Egypt, Arab Rep. 15,848 51,192 4.1 4.2 1.5 2.1 2.7 1.9 0.0 0.4 El Salvador 2,567 9,160 0.8 7.2 -0.2 4.7 0.1 2.0 2.2 11.8 Estonia .. 2,637 .. -3.5 .. -2.3 .. 4.5 .. -10.1 Ethiopiab 4,282 4.893 0.7 3.5 -2.5 1.6 4.4 -3.9 4.4 22.2 Finland 27,761 67,324 3.8 -0.5 3.4 -0.9 3.4 -0.9 3.0 -5.4 France 391,263 925.063 2.6 1.3 2.1 0.8 2.2 2.2 2.8 -2.1 Gabon 1.119 2,626 -0.7 -2.4 -3.9 -4.9 0.2 2.0 -7.1 0.1 Gambia. The 185 277 3.6 7.6 -0.1 3.4 2.5 -10.0 0.8 3.0 Georgia .. 4.302 . .. .. Germany .. 1,377,876 . .. .. Ghana 3,730 5,043 2.8 3.5 -0.6 0.7 2.4 7.3 3.3 3.0 Greece 32,706 85,184 2.4 1.4 1.9 0.8 2.7 1.2 -0.9 1.0 Guatemala 6,217 13,731 .1. 1 4.5 -1.7 1.5 2.7 3.9 -1.8 4.0 Guinea .. 3.222 . 4..4 .. 1.7 O1. . -0.S Guinea-Bissau 81 252 -0.8 7.1 -2.6 4.9 5.6 -1.1 .. -6.6 Haiti. 1,197 1,684 0.9 -0.6 -1.0 -2.6 -4.4 -2.8 .-0.6 -10.1 Honduras 1.806 2,534 2.7 3.3 -0.7 0.3 3.3 -2.3 2.9 9.2 208 1998 World Development Indicators 4.9 Privarte consumption Private General Gross consumption government domestic per capita consumprtion Investment average annual average annual average annual average annual $ milliona % growth % growth % growth % growth 1.980 1.996 1.980-90 ±.990-96 1980-90 1.990-96 1.980-90 1990-96 1.980-90 1990-96 Hungary 13,562 28,772 0.8 0.2 1.2 0.5 2.5 -6.3 -0.4 8.1 India 125,809 .233,232 4.6 47.7 2'5.5. .. 2.8 7.7 4.0 ... 6-5 ........8.8 Indonesia 40,821 131,695 5.6 73.3 3.7 5.5 ... 46.6 2.7 6 7. 9 9 Iran, Ialamic Rep. 48,854 2.8 2.2 - -0.4-. 8.6 -2.5 --0.8 Ira q .... . . . . . . . . . . . . . . . . . . . . .. ... . .. . . . . Ireland 13,585 35,360 2.4 3.8 21 3.4 -0.3 2.5 -2.4 Israel 1,9 53,387 .. 5.3 7.7 35 5.... 4.2 0.5 2.5 2.2 11.5 Italy 273,819 667,582 ..... 3:0 0.3 2.9 0 1 2.5 0~.3. 19 -2'.2 Jamaica 1,710 3,128 .4.5 ..... . 5.6 ...... 3.3 4.6 . ...6.3 -2.3 .......-0-~ 1.. .... 4.9 Japan 623,286 3,080,624 3.7 2.0 3.2 1.7 2.. .4 . .22.5 5 3 ........0.2 Jordan 3,1234 2.2 .... 6.2 . ...-1.5 . 1.2 2.3 7 3 -1.5...... 11.9 K za.............s.-tan........ . 13,241... ......... .... 5.0 . ... ......... ... ........ . .... .. .. -10.....-13.. 3....... Kenya.4,506 6,348 ... 4.7 . 31.1 1.1 0.4 2.6 12 1 0.... . .O8 1.1 Kore.,Dem. Rep. Kuwait 8,836 13,045 -1.4-5.5. 22. -5 Kyrgyz Republic 1,522 .: -1~5. -11.7 -7.8 Lao PDR Latvia 3,358 -12.9 -11 8 5-02.34 -0 Lebanon 13,263 Lesotho 492..... 604 .1.9 .... -3.0 .... -0.7 -5 2.9 8.4 ...... .6~3.. 10.7 Lithuania 5,461 0 0 0.0 0 Macedonia, FYR .........1620 -5 4-6.0 - -24..3 Madagascar 3,611 3,719 -0.6 0~7 -3,5- -2:0 0.5 -2.1 4...... 9....... -3.0 Malawi 866 1,576 1.7 1 8 -1.6 -1.0 6.3 -1.4 -2 8 ....-.-5.3 Malaysia 12,378 46,507 3.7 7 3.. 1.0 4.8 2.7 7.7 .......2 6. 15.6 Mali.1,547 2,064 ...1.9 . .1 .-.6 . -1.7 7..3.... -2~.0... .7-.1 .......6.3 Mauritania 481 790 .... 3.0 1.1 0.44 -1.4.-6.9 8 8 -4.1....... 4.0 Mauritius 854 2,930 . 6.7 ........4.9 ... ..5'8 .... 37 ...3~3 4 .4 ... 9.0 .........0.1 Mexico 126,745 222,549 1.0 03 -3-1.5 2.09.8 -33 0.1 Moldova ~~~~~~~1,190 14.9 -14.. .......... ... ... 8..-1.38~.8 ........... .. -21.3 Mongolia 621 Morocco 12,788. 24,966 ... 3.7 2.8 1.5 0:8 ...... 55 1~0. 25..... ..... -0.1 Mozambique ..,81 1,168 ..-3 1.8 . -1.2 . 2:6 -2.1 -0 .2 ...2.7 4.0 Myanmar ............. . ..0.6 5.2 ..-4..131.-.7-2. Namibia ..............950 1,902 .13.3. -1.5. 175 ... . 3.7 .... ..27.7 -3.9 ..... . 3.8 Nepal 1,600 3,643 6.9 9.0 4.2 . 6.1 4.7 6.1 1.8 ......I.-5.2 Netherlands 104,571 236,978 1.7 2.1 1.2 1.4 2-.1 ..... -1...... 3 1 ...._.-0.5 New Zealand 13,801 36,867 ... 2.1 ... ...3.0 ... .. 1.3 1... J 6. 1..4 .... 0.4 ...... .0.2 .........8.1 Nicaragua 1,770 1,661 -3.4 3.2 -6.2 0 1 3.0 -8.3 -4.7 11.2 Niger 1,704 1,688 -32.2 I........I....-. 6.3 9.8 -2.2 Nigeria 36,258 20,557 -2.6 3.2 -5.5 0.2 -3.5 -3.5 -8.5 0 1 Norway 29,694 75,083 2.2 26.6. 1.9 2-0 23.3.... 28 0.6 Oman 1,657 4,732 . . .. Pakistan 19.688 47,628 4.7 6.1 1.6 3.1 10.3 13.3. 5~9 ...... 4.2 Panama 1,709 4,201 ~~4.2 2.8 2.1 1.0 1.2 1.1 -8~9 .__15-0 Papua New Guinea 1,568 1,876 0.4..7.10-1.7 4.7 -0 .1 .... -13 -0........O9 .........3 7 Paraguay 3,467 7,045 2.4 6.1 -0.6 3.3 1.5....1... 9 2 ... -0 8 ... .....3 1 Peru 12,006 44,236 1.0 4.8 -1 2 .. 27.7 -1.4 4:9.. -4.5 ... 13.6 Philippines 20,910 66,998 ... 2.6 4.2 0 0 1.8 0.6 3 7 -2.1 .... 4 7 Poland 38,182 86,502 1.1 4.9 0.4 4.6 1.2 4.6 0.9 6 1 P~ortugal .19,166 65,262 2:3 2.2 2.2 ......21 4.92.3 ...... . 05 Puerto Rico 10,756 . 3.5 2.3 2'5 1~5 5.1 0.2 6~9 ~...._.3.7 Romania .. 24.917 . 1.0 .I.4..0.8 ...... ..... .... .. -7.5 Russian Federation . 279,314 . 5.6 5.7 -13.8.. -13.2 1998 World Development Indicators 209 49r Private consumption Private General Gross consumption government domestic per capita consumption investment average annual average arnnua average annual average annua $ millions % growth % growth % growvth %k rowtrl- 1980 1996 1980-90 1990-96 1980-90 1990-96 1980-90 1990-96 1980-90 1990-96 Rwanda 969 1,227 1.4 -6.2 -1.6 -4.6 5.2 -12.9 4.3 -2.4 Saudi Arabia 34,538 52,897 . .. Senegal 2,365 4.031 2.5 1.3 -0.3 -1.3 3.0 -4.3 3.6 4.8 Sierra Leone 951 928 0.1 1.2 -2.0 -1.3 9.0 1.6 -6.7 -12.8 Singapore 6,030 38.252 5.8 7.2 4.1 5.1 5.6 7.4 3.1 9.0 Slovak Republic 9.333 3.8 -3.7 3.5 -3.9 4.8 -0.7 1.1 -1.0 Slovenia 10,626 .. 5.4 5.5 ..2.0 -7.8 South Africa 39.543 76,867 2.3 1.6 0.1 -0. 1 3.5 2.6 -4.7 5.4 Spain 139,348 346,651 2.7 0.9 2.4 0.7 5.3 2.0 5.7 -1.5 Sri Lanka 3.230 10,302 3.8 6.0 2.4 4.7 7.3 5.3 0.6 6.4 Sudan 5,447 .. 0.2 .. -2.3 -0.3 .. -1.1 Sweden 64,624 132,017 1.8 -0. 1 1.5 -0.7 1.5 -0.2 Switzerland 65,117 183,474 1.7 0.4 1.2 -0.4 3.0 0.9 Syrian Arab Republic 8,690 . .- 3.4 - . 0.1 . . -2.9 .. -7.0 Tajikistan 1.300 . .. Tanzania' 4,870 .. 2.7 -0.3 .. -4.1 . -21.0 Thailand 21,175 100,112 5.9 7.9 4.1 6.6 4.2 4.3 9.4 10.3 Togo 619 1,142 2.8 1.1 -0.3 -1.9 -1.7 -3.2 5.9 -1. 5 Trinidad and Tobago - , 2.860 3,418 -1.3 -0.3 -2.6 -1. 1 -1.7 0.4 -10.1 10.1 Tuni'sia 5.380 11,931 2.9 3.7 0.3 1.8 3.8 3.9 -1.8 1.7 Turkey 42.067 122,590 -4.1 3.4 -6.3 1.5 2.7 3.0 4.9 4.0 Turkmenistan.. . . Uganda 1,935 5,089 2.9 6.9 0.2 3.6 1.8 7.2 9.6 10.6 Ukraine 25,524 . .. United Arab Emirates 5,116 .19,423 4.6 -0.5 -3.9 .. -8.7 United Kingdom 320:290 701,563 4.1 1.5 3.8 1.1 1.1 1.0 6.4 United States 1.720.600 4,8,0 3.4. 2.5 2.5 1.5 2.8 -0.3 Uruguay 7.681 14.597 0.5 10.0 -0.1 9.4 1.8 1.2 -7.8 6.0 Uzbekistan .. 16,698 ... .. . -4.1 .. -7.6 Venezuela 38,066 44,308 1.3 1.4 -1.4 -0.8 2.0 -1.2 -5.3 2.8 Vietnam .. 15,537 .. 8.1 . .. West Bank and Gaza . . . .. .. Yemen, Rep. .. 4,209 .. -2.8 -6.8 .. -1.6 .. 13.2 Yugoslavia, FR (Serb./Mont.) Zambia 2.145 2,907 3.5 -4.5 0.4 -7.1 -3.4 -15.0 -4.4 2.5 Zimbabwe 2.488 4,757 3.2 2.5 -0.2 0.1 3.2 -1.9 2.7 -3.4 Low income 413.442 873,223 4.9 5.9 2.8 4.1 5.9 5.8 6.7 11.2 Endl.-Chin-a- &'I'ndi'a 1......... ,97,66 ...... ........ -.......9 . .1..... .."§.......8 . -0.4 ....j. 6 .. -1.1 3J.7... Mkiddle inco-me ............... ........2',766,558 . Upp-e-r ..m"iddle income 572,571 136709 1.6 35 -0.3 2.0 4.3 2.9 -1.3 5.8 -Low & miaddl income I-~ 1 ~ --a Europe & Central Asia . .. 759,734 .. .. ..~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~...... 'Latiin.A-merica & Carib. 504,693 1,178,615 1.5 ......39.9 . ... -05.5 ..... 2 .1 .4.3 ..2.7 .-1.6 5.9 South Asia 165.188 325.891 ~~~~ ~~~~ ~~~ ~~4.6 4.7 2 3 2.7 8.0 3.7 6.65 Sub - laharn-Afri'ca ..........1-5..8,8-4-1 ......2-0..3.7-8-5 1.... .4 i1.-16 -1.0 2.0 '0.3 . ... -3.7 3.1 a. General governmnent consumption figures are not available separate y: they are included in prvate consumption. b. Oats prior to 1992 include Eritrea c Data cover lra,nad Tanzana -vey 210 1998 World Developmernt Indcctors I-~ ~~~~~ I 4.9 Measures of consumption and investment growth are conversion factors differ from the purchasing power * Private consumption is the market value of all subject to two kinds of inaccuracy. The first stems parity conversion factors used to calculate private con- goods and services, including durable products (such from the difficulty of measuring expenditures at cur- sumption per capita in table 4.10, which provide bet- as cars, washing machines, and home computers) rent price levels, as described in About the data for ter estimates of comparative domestic purchasing purchased or received as income in kind by house- table 4.8. The second arises in deflating current price power. Growth rates of private consumption per holds and nonprofit institutions. It excludes pur- data to measure growth in real terms, where results capita, general government consumption, and gross chases of dwellings but includes imputed rent for depend on the relevance and reliability of the price domestic investment are estimated using constant owner-occupied dwellings. In practice it may include indexes used. Measuring price changes is more diffi- price data. Consumption and investment as shares of any statistical discrepancy in the use of resources rel- cult for investment goods than for consumption goods current GDP are shown in table 4.8. ative to the supply of resources. * Private consump- because of the one-time nature of many investments To obtain government consumption in constant tion per capita is calculated using World Bank and because the rate of technological progress in cap- prices, countries may adjust current values by apply- population estimates. * General government con- ital goods makes capturing quality change difficult. (A ing deflators that use a weighted index of government sumption includes all current expenditures for pur- classic example is computers-prices have fallen as wages and salaries, or simply take a government chases of goods and services (including wages and quality has improved.) Many countries estimate employment index as a measure of output. Neither salaries) by all levels of government, excluding most investment from the supply side, identifying capital technique captures improvements in productivity or government enterprises. It also includes most expen- goods entering an economy directly from detailed pro- changes in the quality of government services. d[tures on national defense and security. duction and international trade statistics. This means Deflators for private consumption are usually calcu- * Gross domestic investment consists of outlays on that the price indexes used in deflating production and lated from consumer price series. Many countries additions to the fixed assets of the economy plus net international trade, reflecting delivered or offered estimate private consumption as a residual that changes in the level of inventories. Fixed assets cover prices, will determine the deflator for investment includes statistical discrepancies accumulated from land improvements (fences. ditches, drains, and so expenditures on the demand side. other domestic sources; thus these estimates lack on); plant, machinery, and equipment purchases; and The data in the table on private consumption in cur- detailed breakdowns of expenditures, the construction of roads, railways, and the like, rent U.S. dollars are converted from national curren- Because the methods used to deflate consumption including commercial and industrial buildings, offices, cies using official exchange rates or an alternative and investment can vary widely among countries, schools, hospitals, and private residential dwellings. conversion factor as noted in Primary data documen- comparisons between countries in a given year, per- Inventories are stocks of goods held by firms to meet tem- tation. (Alternative conversion factors are discussed haps even more than those over time, should be porary or unexpected fluctuations in production or sales. in Statistical methods.) These exchange rates and treated with caution. Data sources National accounts data for Government consumption has risen steadily in most regions developing countries are col- :1987 $ biliions l ected from national statisti- -- W cal organizations and central i.s ., o,-n,,,/ /n,j re-i:,n.:s ,-: U banks by visiting and resident _ =7l '. Am: "C 3 ~nd t.- World Bank missions. Data for industrial countries come EI, ,- .. a r,:: - from Organisation for - - --- Economic Co-operation and Development (OECD) data files. For information on the OECD national accounts series see OECD, National Accounts, 1960-1995, li 1;-: !.^;J m.| 1:9; I ||.] 1. : 199J 1|.|5 ~~volumes 1 and 2. Source: World Bank staff estimates. Ate, r6ine oramalicalwy since 1980, governmenn com,umprion in East Aiia and ihe Pacific begar' Lapedng o,l ,n 1995. Laln Ame'ica and in. Ca,lonean. b cr,ma.il. Iegiotered M sub,lantial increae i, 1995. SuotSanaran Aii.cas ga%ernment consumDlic.n na, no irncreased rmnh &,nce 1sso. 1s99 World Development Indicators 211 4.10 Structure of consumption in PPP terms Private Household consumption consumption per capita Transport Other Breed snd Clocthrng and Fuel and Heath and 0055cm- All food cereals footwear power core Education comnmunicenorns ptors ppp %%%%I 1996 1996 1996 1996 1996 1996 1996 1996 1996 Antigua and Barbuda 4,616 33 9 3 2 12 17 6 27 Australia 14.177 14 2 4 3 12 9 13 46 Austria 14.293 13 2 7 4 13 11 13 41 Bahamas 7,784 31 5 4 2 10 11 6 36 Bangladesh 722 41 2 1 4 9 7 23 3 14 Belarus 2.851 16 0 6 4 1b 21 3 35 Belgium 15,107 15 2 6 3 14 11 11 40 Belize 2,789 28 4 10 2 5 10 11 34 Benin 1,074 45 13 8 3 3 8 14 17 Botswana 3,067 25 9 4 1 7 22 21 19 Bulgaria 3.462 15 0 5 5 9 24 6 36 Cameroon 1,270 38 7 14 2 6 9 6 24 Canada 15,176 9 2 5 4 11 9 11 51 Congo, Rep. 865 36 5 3 1 10 15 18 17 OSte dIlvoire 1.302 35 6 9 ..8 26 11 11 Croatia 3,279 .17 1 3 4 12 13 10 41 Czech Republic 6,_63 15 1 4 6 10 16 5 46 Denmark 15,295 10 1 4 3 9 13 9 52 Dominica 2.777 32 5 6 2 9 16 11 23 Egypt, Arab Rep. 1,622 44 11 7 3 8 8 5 26 Fij i 2,814 30 5 4 2 5 12 7 40 Finland 12,402 11 2 3 5 12 11 10 49 France 15,260 12 2 4 3 21 8 12 40 Gabon 2,370 37 7 3 2 8 6 20 23 Germnany 15,186 11 2 6 3 15 6 12 47 Greece 9,486 28 2 5 2 7 6 15 37 Grenada 2,955 26 8 4 1 24 14 4 26 Guinea 1,399 32 6 19 2 14 9 9 15 Hong Kong, China 16,435 10 1 18 2 11 4 10 45 Hungary 5,18 7 14 0 4 . 5 10 17 6 43 Iceland 15,656 13 2 5 5 13 10 10 44 Indonesia 1,766 45_ 19 3 3 7 4 15 22 Iran, Islamic Rep. 3,619 23 6 7 12 13 11 11 23 Ireland 10.943 14 3 6 3 11 13 6 45 Italy 14.301 14 2 7 3 14 7 9 46 Jamaica 2,125 26 7 B 1 9 8 24 24 Japan 14,929 11 3 5 2 17 8 9 47 Kenya 849 38 11 8 2 5 22 10 16 Korea, Rep. 648 21 4 3 5 13 16 17 24 Luxembourg 22,369 10 2 4 6 9 6 17 46 Malawi 698 45 17 18 2 8 9 8 10 Mali 646 48 13 13 ..2 7 14 15 Mauritius 6,371 24 4 8 3 10 5 19 30 Moldova 666 28 1 5 7 11 25 3 20 Morocco 2,441 45 11 9 2 5 10 10 16 Nepal 804 37 24 8 5 15 20 2 13 Netherlands 14,228 11 2 6 3 16 8 9 47 New Zealand 11,716 12 2 4 3 11 913 47 Nigeri'a 700 48 15 8 6 3 4 5 27 Norway 14,109 13 2 5 10 14 11 8 38 Pakistan 1.078 40 10 6 5 12 7 4 27 Philippines 2,735 33 9 3 1 3 3 4 52 Poland 4,689 20 1 3 5 12 19 6 34 Portugal 9,390 20 4 6 2 7 16 11 39 Romani a 3.384 24 1 7 5 6 15 4 39 Russian Federation 2,752 18 1 7 11 13 22 7 22 21 2 1998 World Deveiopmnent Indicators 4.10 Private Household consumption consumption per capita Transport Other Bread and Clothing and Fuel and Health and consumn- All food cereals footwear power core Education communications ption ppp % 1996 1.996 1.996 1996 1996 1996 1996 1.996 1996 Senegal 1,499 52 11 14 2 2 11 6 13 Sierra Leone 332 48 13 12 3 13 14 8 2 Singapore 15,043 14 2 7 3 11 7 18 4 2 Slovak Republic .5594 17 ....... 2 432 Slovenia 8,864 13 0 4 4 11 12 11 45 Spain 10,395 17 2 7 2 11 8 12 43 Sri Lanka 1.304 38 11 0 4 8 7 28 14 St. Kitts and Nevia 4,171 30 8 4 4 24 9 5 24 St. Lucia 3,339 39 5 5 3 13 7 6 26 St. Vincent and Grenadinea 2,903 24 7 4 2 28 14 5 23 Swaziland 2321 27 6 6 4 10 1 7 18 19 Sweden 13,411 10 2 5 5 1 1 9 11 50 Switzerland 16,577 12 2 . 6 . 4 . 13 . 8 . 11 . 45. Thailand 3,265 23 7 8 3 22 10 17 17 Trinidad and Tobago 4,593 20 3 11 4 9 7 15 35 Tunisia 3,322 3 5 7 6 2 6 7 1 5 29 Turkey 4,100 23 6 7 4 5 9 7 44 Ukraine 1,470 21 1 5 14 13 26 4 17 United Kingdom 14,929 126.10.D 8 11 52 United States 20,890 8 1 6 3 12 7 14 49 Vietnam 1,140 40 17 5 4 1 7 10 2 0 Zambia 591 47 7 8 1 3 12 10 19 Zimbabwe 1,544 28 7 11 2 9 23 14 12 1998 World Development Indicators 213 4.10 Cross-country comparisons of consumption expendi- include government as well as private outlays. The * Private consumption inc udes the consumption tures must be made in a common currency. Butwhen International Comparison Programme's (ICP) con- expenditures of individuals. households, and non- expenditures in different countries are converted to cept of enhanced consumption, ortotal consumption governmentaJ organizations. In the ICP goods and ser- a single currency using official exchange rates, the of the population, focuses on who consumes goods vices accruing to households are Included n private comparisons do not account for the sometimes sub- and services rather than on who pays for them. That consumptionwhethertheyarefinancedby ndividuals. stantial differences in relative prices. Thus the is, it emphasizes consumption rather than expend - governments, or nonprofit institut ons. Thus private results tend to undervalue real consumption in ture. This approach, adopted in the 1993 SNA, consumption as defined by the ICP ncludes govern- economies with relatively low prices and to overvalue improves international comparability because aggre- ment expenditures on education. health. social secu- consumption in countries with high prices. gate measures based on consumption are less sen- rity. and we fare services. * Household consumption Differences in the structure of prices also distort the sitive to differences in national practices in financing shows the percentage shares of selected compo- apparent structure of consumption-for example, health and education services. nents of consumption computed from deta[ls of GDP services (such as health care or education) tend to Because national statistical offices tend to con- converted using PPPs. * All food includes all food pur- be relatively cheaper than goods in low- and middle- centrate on the procuction side of national chased for household consumpton. * Bread and income economies. Thus when domestic prices are accounts, data on the detailed structure of con- cereals comprise the main staple products-nce, used to calculate consumption patterns, services sumption in low- and middle-income economies are flour, bread. all other cereals, and cereal prepara- appear to be undervalued. The problem of making generally weak. Consumption estimates are typica ly tions. * Clothing and footwear inc ude purchases of consistent comparisons of real consumption across obtained through household budget surveys or new and used clothing and footwear and repair ser- countries has led to the use of purchasing power par other, similar surveys. These surveys are carried out vices. * Fuel and power exclude energy used fortrans- ities (PPPs) to convert reported values to a common irregularly and may be targeted at specific income port (rarely reported to be more than 1 percent of total unit of account. groups or geographic areas. In some countries sur- consumption in ow\- and middle- ncome economies). PPPs measure the relative purchasing power of veys are limited to urban areas or even to capital * Health care and education inc ude government as different currencies over equivalent goods and ser- cities and so do not reflect national spending pat- well as private expenditures. * Transport and com- vices. They are international price indexes that allow terns. Urban surveys tend to show lower-than-aver- munications cover all persona costs of transport. comparisons of the real value of consumption expen- age shares for food and higher-than-average shares telephones, and the like. * Other consumption cov- ditures between countries in the same way that con- for gross rent, fuel and power, transport and com- ers gross ent (including repair and maintenance sumer price indexes allow comparisons of real munications, and other consumption. Controlled charges): beverages and tobacco: nondurable house- values overtime within countries. To calculate PPPs, food prices and incomplete accounting of subsis- hod goods, household services, -ecreational ser data on prices and spending patterns are collected tence activities may also contribute to low measured vices, services including mea s) supDlied by hotels through surveys in each country. Then prices within shares of food consumption. and restaurants. ans purchases of carryoutfood: and a region. such as Africa, or a group. such as the The ICP collects price data from different outlets consumer durab es. such as houserold appliances, Organisation for Economic Co-operation and on several hundred consumption items that are care- furniture. foor coverings. recreationaJ equipment, and Development (OECD), are compared. Finally, regions fully reviewed to ensure comparability. ICP surveys are watches and jewelry. are linked by comparing regional prices, to create a conducted about every five years, but because not all globally consistent set of comparisons. The result- countries have participated in all surveys, regression Data sources ing PPP indexes measure the purchasing power of methods are used to extrapolate results from earlier national currencies in "international dollars" that surveys and to provide a complete set of estimates PPP data come from the ICP, have the same purchasing power over GDP as the in a given year. See Ahmad (1994) for an extensive which s coorc nated by the U.S. dollar has in the United States, discussion of the ICP and its methods, regional econom c commis- Because the goods and services that make up con- Although PPPs are more useful than official saons of the United Nations sumption are valued at uniform prices, PPP-based exchange rates in comparing consumption patterns, and other nternat onal orga- expenditure shares also provide a consistent view of caution should be used in interpreting PPP results. nizations. The World Bank col- differences in the real structure of consumption PPP estimates are based on price comparisons of . ects detai ed CP benchmark between countries. In other woros, the shares shown comparable items, but not all items can be matched data from regional sources, in the table reflectthe relative quantities of goods and perfectly in quality across countries and over time. establishes global cons stency across the regional services consumed rather than their nominal cost. Services are particularly difficult to compare, in part data sets, and computes regress on-based estimates Table 4.11 provides the corresponding data on the because of differences in productivity. Many services, for nonbenchmark countries. For detailed information structure of prices within countries, such as government services, are not sold on the on the regional sources and compilation of bench- Private consumption refers to private (that is, open market in all countries, so they are compared mark data see the Wor d Bank's Purchasing Power of household) and nonprofit (nongovernmental) con- using input prices (mostly wages). Because this Cuirrencies: Comparing National Incomes Us/rng ICP sumption as defined in the Lnited Nations (UN) approach ignores productivity differences, it may Data (1993h). System of National Accounts (SNA). Estimates of pri- inflate estimates of real quantities in lower-income vate consumption of education and health services countries. 214 1998 wor d Deve opmen: Indicators Relative prices in PPP terms 4.11 International Relative price level price level (price level of GDP =100) Private consumption Gross ratio of PPP Transport fixed rate to $ Private All Bread ann Clothing and Foal and Health and Government capital exchange rate consumption fond cereals footwear power care Education communications oonrsumption formation 1993 1993 1993 1993 1993 1993 1993 1993 1993 1993 1993 Antigua and Barbuda 86 106 105 107 178 187. 116 43.. 154 63 112 Australia 92 100 77 97 113 75 88 83 102 93 105 Austria 119 100 102 97 108 101 92 82 115 90 102 Bahamas 110 100 90 93 103 112 111 94 166 112 93 Bangladesh 24 101 .154 153 122 61 37 17 66 52 201 Belarus 101 149 151 135 13 67 36 114 78 119 Belgium 108 101 95 89 125 114 72 80 110 90 102 Belize 71 95 90 80 75 167 80 71 118 79 128 Botswana 37 125 103 113 157 256 105 98 65 113 108 Bulgaria 33 85 128 136 103 62 58 21 149 7 0 133 Cameroon 50 93 87 98 102 173 88 60 97 123 141 Canada 96 103 96 93 101 77 110 104 109 115 85 Congo. Rep. 64 98 115 105 109 288 58 55 67 78 193 CSte dIlvoire 52 96 101 112 97 89 60 78 116 151 Croatia 83 116 106 118 65 85 38 119 68 183 Czech Republic 39 85 106 63 123 74 61 41 157 73 174 Denmark 136 105 108 107 104 130 111 85 123 90 87 Dominica 81 101 112 125 98 179 58 60 147 62 147 Egypt, Arab Rep. 35 90 88 97 124 80 54 49 92 92 106 Fij I 54 90 100 112 124 146 89 66 140 59 170 Finland 107 108 121 138 112 79 99 79 126 82 85 France 116 101 102 95 124 124 71 94 116 101 97 Gabon 80 126 147 95 131 284 90 119 79 152 91 Germany 127 99 90 91 107 106 84 96 110 104 103 Greece 80 105 104 126 161 149 80 68 98 74 98 Grenada 76 96 120 110 109 191 47 53 189 65 142 Guinea 33 97 106 118 75 173 37 68 94 80 127 Hong Kong, China 95 91 76 78 73 57 59 145 80 136 106 Hungary 69 66 74 78.. 87 50 50. 29 122 84. 114 Iceland 123 103 120 109 136 42 89 68 115 87 94 Indonesia 30 93 93 82 99 98 38 31 89 34 163 Iran, Islamic Rep. 24 79 105 115 113 17 35 47 38 68 182 Ireland 97 100 -101 90 106 110 100 61 146 85 104 Italy 97 99 105 100 125 122 82 102 108 105 101 Jamatca 55 101 119 100 118 181 57 64 85 69 Ill Japan 161 99 130 135 113 Ill 61 83 90 86 104 Kenya 21 90 91 123 85 140 45 41 71 72 196 Korea, Rep. 70 112 137 173 157 66 61 72 53 95 87 Luxembourg 115 95 93 84 128 86 80 109 97 119 109 Malawi 34 87 98 109 54 148 31 50 73 79 279 Mali 36 90 92 131 866. 59 31 90 63 179 Mauritius 39 93 81 65 72 Ill 59 87 67 108 134 Moldova 32 87 131 127 102 60 62 41 122 88 137 Morocco 37 93 83 77 68 282 81 81 77 106 182 Nepal 22 93 129 129 116 94 25 30 61 61 Netherlands 115 97 92 79 101 100 71 86 119 92 112 New Zealand 82 98 91 93 102 65 96 74 100 78 119 Nigeria 36 101 150 171 58 56 46 40 47 61 115 Norway 126 106 117 114 108 50 97 87 139 98 88 Pakistan 28 101 115 103 133 113 35 60 108 42 167 Philippines 35 82 105 124 122 277 30 29 114 58 183 Poland .. 83 9 84 120 82 46 31 10 7 2 -: ~~: u:v u:: Fl i90 8 140 7 12 Romanra 33 82 132 74 106 59 59 22 116 78 132 Russian Federation 25 84 122 61 154 2 36 30 75 79 145 1998 World Development Indicators 216 Y,cE. 4.11 Internationall Relative price level price level (price level of GDP = 100) Private consumption Gross ratio of PPP Transport f-ixed rate to $ Private Al Bread and Cdothing and Fuel and Health and Government capital exchange rate consumption food cereals footwear power care Education comnmunications consurnpt on formation 1993 1993 1993 1993 1993 1993 1893 1993 1993 1993 1993 Senegal 48 90 87 119 74 227 75 45 79 81 237 Sierra Leone 29 115 141 192 107 185 34 39 76 37 147 Singapore 85 95 6 7 72 88 46 46 86 100 88 107 Slovak Republic 40 80 87 55 ill 68 53 33 123 74 124 Sloveni'a 76 93 108 104 146 71 70 55 110 76 109 Spain 92 102 100 112 120 Ill 83 76 125 85 102 Sri Lanka 34 86 123 109 113 58 26 33 53 31 170 St. Kitts and Nevis 80 95 105 118 108 121 47 81 145 69 129 St. Lucia 83 101 ill 140 107 157 49 61 114 77 Ill St. Vincent and Grenadines 69 97 132 125 113 236 43 55 146 56 173 Swaziland 35 92 84 100 138 187 53 66 54 91 Sweden 126 103 103 103 86 86 103 86 110 93 93 Switzerland 144 .106 108 96 102 70 89 102 -106 115 85 Thailand 43 122 106 79 158 74 40 71 103 68 93 Trinidad and Tobago 59 98 89 98 87 38 106 98 108 87 129 Tunisia 39 92 81 62 142 105 80 109 79 124 159 Turkey 55 106 123 100 140 141 75 53 116 62 106 Ukraine 86 145 65 187 21 56 29 64 60 134 United Kingdom 96 102 86 73 83 115 89 89 126 90 98 United States 100 100 88 82 84 90 145 125 89 113 94 Vietnam .. 98 .125 116 90 114 30 59 39 266 Zambia 43 113 126 185 98 282 29 46 89 34 213 Zimbabwe 26 105 81 97 91 221 51 77 62 89 Health care services are relatively expensive In high-income economies ... Relative price of health care lGDP 100) 150 United States 120 o' enmark, .. Canada 60 ~ ~ ~ ~ ~ ~ ~ ~ ~ .'r~ v ,Hong Kong Singapore 30 0 10 20 30 40 so 60 70 80 Countries ranked by GNP per capita (low to nign) Source: World Bank staff estimnates. Price levels measured using purchaslng power parities demonstrate the systematic differences in the relative prices of services and capital goods In developed and developing countries. 216 19981 World Development Inidicators The Intemational Comparison Programme (ICP) col- trast, Kenya's price level of 21 means that a bundle v International price level is the ratio of a country's lects data on prices paid for a large set of comparable of goods and services purchased for $100 in the PPP rate to its official exchange rate for U.S. dollars. items in more than 100 countries. Purchasing power United States costs only $21 in Kenya. * Private consumption includes the consumption parities (PPPs) computed from these data allow com- The relative prices of components of GDP shown expenditures of individuals, households, and non- parisons of prices and real GNP expenditures across in the table are calculated from their international governmental organizations. * All food includes all food countries. PPPs are used in table 1.1 to measure GNP prices measured relative to each country's price purchased for household consumption. * Bread and at internationally comparable prices and in table 4.10 level of GDP. A figure above 100 indicates that the cereals comprise the main staple products-rice, flour, to evaluate the structure of consumption. This table price of that component is higher than the average bread, all other cereals, and cereal preparations. presents information on the relative prices of compo- price level of GDP. This is not the same as saying * Clothing and footwear include purchases of new and nents of GDP based on the most recent ICP data. that the component is more expensive in that coun- used clothing and footwear and repair services. * Fuel A country's international price level is the ratio of try than in the United States. It indicates only that and power exclude energy used for transport (rarely its PPP rate to its official exchange rate for U.S. dol- the price for that component is higher than the gen- reported to be more than 1 percent of total consump- lars. PPPs can be thought of as the exchange rate of eral price level prevailing in the country. tion in low- and middle-income economies). * Health dollars for goods in the local economy, while the U.S. Relative prices for consumption items tend to be care and education include government as well as pn- dollar exchange rate measures the relative cost of close to the overall price level of GDP. This is to be vate expenditures. * Transport and communications domestic currency in dollars. Thus the international expected because consumption accounts for a large cover all personal costs of transport, telephones, and price level is an index measuring the cost of goods in share of GDP. The data also indicate that the relative the like. * Government consumption includes spending one country relative to a numeraire country, in this price of investment goods in developing countries on goods and services for collective consumption less case the United States. An international price level tends to be higher than for other components of GDP. spending on recreational and other related cultural ser- above 100 means that the general price level in the For example, Indonesia's relative price level of 163 vices, education, health, and housing. Expenditure on country is higher than that in the United States. For indicates that the price level of investment goods is government final consumption consists of compensa- example, Japan's international price level of 161 63 percent higher than the overall price level. This tion of employees, consumption of intermediate goods implies that the price of goods and services in Japan reflects the fact that a large share of physical capital and services, and consumption of fixed capital and indi- is 61 percent higher than the price of comparable must be imported from high-income economies with rect taxes paid less proceeds from sales of goods and goods and services in the United States. By con- higher price levels. services to other sectors (such as fees charged by municipalities and other government agencies, school fees, fees for medical and hospital treatment and drug sales, and sales of maps and charts). * Gross fixed ... but capital investment Is far more expensive in low- and middle-income economies capital formation comprises expenditures on construc- tion. producer durables, and changes in stocks. Relative price of capital formation (GDP = 100) Construction includes residential and nonresidential buildings and roads, bridges, and other civil engineering * .anlr,a activities. Producer durables include machinery and non- a* electrical equipment, electrical machinery and appli- e 'C-t.:rf REoUbhiC ances, and transport equipment. Changes in stocks cover increases in the value of materials and supplies, -.orks in progress, and livestock (including breeding Tr,sir, * * 0 lsstock and dairy cattle). I -. a, - -. ,:,, - .,, Data sources Countries ranked by GNP per Source: World Bank staff estimates. PPP data come from the ICP, Prlfc levelm measured using purchaiing power parities nernonstale the slstematic J,tILrerces in trne olrl.e which is coordinated by the prices ol ser%ices and capital good, In developed ana developing coumnies. regional economic commis- sions of the United Nations. The World Bank collects detailed ICP benchmark data from regional sources, estab- lishes global consistency across the regional data sets, and computes regres- sion-based estimates for nonbenchmark countries. 1998 World Development indicators 217 4412 i Central government finances Current Total Overall Financing Domestic Debt revenue' expendilture budget deficit frmaraIiacigaditrs (including payments grants) -tl Itrs debt Cx o f P Y current 38 of GDP 8 of GDP of GDP ¾/ c' GDP % of GOcP GOC evonue 1980 1995 1 980 ±995 1980 1995 I 980 1999 1980 1-999 1995 1995 Albania .. 21.2 .. 31.0 . -9.0 .. 1.9 . 7.1 35.3 11.1 Argentina 15.6 12.9 18.2 14.5 -2.6 -1.1 0.0 1.3 2 6 -0.3 .. 11.3 Australia 21. 7 24.5 22.7 27.4 -1.5 -2.5 0.2 0 7 11.3 1.8 22.7 7.0 Austria 33.9 36.2 36.6 42.2 -3.3 -5.2 0.6 1.3 2.5 3.4 58.4 10.9 Azerbaijan . . . . . . . .. Bangladesh 11.3 .. 10.0 .. 2.5 .. 2.5 .. 0.7 Belarus -. -. . -. -.. .. Belgiumn 43.4 44.6 50.6 49.4 -6.1 -3.9 2.4 -3.3 5.7 7.2 127.9 19.4 Bolivia .. 17.5 .. 23.1 .. -2.5 .. 5.4 .. -2.8 62 9 14.1 Bosnia and Herzegovina BotsWana 31.8 42.8 31.8 38.0 -0.2 2.8 1.3 -0.4 -1.2 -2.4 11 5 1.7 Brazil 22.6 25.6 20.2 37.4 -2.4 -9.4 0.0 .. 2.4 ... 75.6 Bulgaria .. 36.0 . 41.6 .. 5.3 -. -0.6 . 6.1 .. 41.2 Burkina Faso 11.8 .. 12.2 .. 0.2 .. 0.4 .. 0.0 Burundi 13.9 15.7 21.5 24.9 -3.9 -3.7 2.0 1.7 1.9 2.0 105.0 7.7 Cambodia . . . . . . . . . Carneroon 16.4 13.0 15.7 12.7 0.5 0.2 0.7 0.3 -1.2 -0.3 139.6 23.0 Canada .18.7 20.8 .21.3 24.6 -3.5 -3.7 0.6 .. 2.9 ... 21.3 Central African Republic 16.5 .. 22.0 .. -3.5 .. 2.1. 5 Chile 32.0 21.5 26.0 19.2 5.4 2.5 -0.6 . -4.7 .. 19.0 3.4 China 5.7 .. 8.3 .. -1.6 0 0 . 1.7 Hong Kong, China.. . .. . Colombia 12.0 16.3 13.4 14.4 -1.8 -0.5 -.. . .. 10.5 Congo, Dem. Rep. 9.4 4.9 12.4 7.6 -0.6 0.0 0.3 0.0 0.5 0.0 214.1 1.0 Congo, Rep. 35.3 .. 49.4 .. -5.2 .. 3.8 . 1 4 Costa Rica 17.6 26.3 26.0 29.1 -7.4 -2.9 1.1 -1.1 6.3 4.0 . 21.4 MSe dIlvoi're 22.9 .. 31.7 .. -10.6 . 6.5 .. 4.4 Croatia 44.9 .. 46.65 . -0.9 .. 0.8 .. 0.1 32.5 3.3 Czech Republic .. 36.68 39.9 .. 0.4 .. -0.5 .. 0.1 15.3 3.2 Denmark 35.5 40.6 39.4 43.4 -2.7 -2.0 ... .... 14.2 Dominican Republic 14.2 16.2 16.9 15.6 -2.6 0.6 1.4 -1.0 1.2 0.3 5.6 Ecuador 12.8 15.7 14.2 15.7 -1. 0.0 0.5 .. .9 ... 21.4 Egypt, Arab Rep. 45.5 36.9 45.6 37.4 -6.3 0.3 2.1. -1.2 4.2 0.8 .. 25.8 El Salvador 11.4 12.6 17.1 13.7 -5.7 -0.1 0.3 -0.5 5.5 0.6 27.7 11.3 Estonia .. 34.2 .. 35.2 .. 0.0 .. 0.3 .. -0.4 . 0.6 Ethiopia' 16.3 11.8 19.5 18.1 -3.1 -5.9 1.2 2.7 1.9 3.2 .. 14.8 Finland 27.2 32.7 28.1 42.7 -2.2 -9.8 0.6 0.0 1.4 9.9 66.1 14.5 France 39.6 40.5 39.5 46.4 -0.1 -6.5 0.0 0.7 0.1 5.6 . 7.9 Gabon 35.5 .. 36.5 .. 6.1 .. 10 .. -5.1 Gambia, The 23.4 24.5 32.1 21.5 -4.5 3.7 1.2 3.0 3.3 -5.8 Georgia .. . . . ... .. Germany .. 32.1 .. 33.9 .. -1.8 .. 1.6 .. 0.2 37.3 7.6 Ghana 6.9 1 7.9 10.9 22.1 -4.2 -2.6 0.7 1.4 3.5 1.2 .. 20.5 Greece 25.3 21.9 29.3 33.6 -4.1 -9.6 1.6 1.1 2.6 6.5 114.9 57.8 Guatemala 9.4 8.5 12.1 8.9 -3.4 -0.7 1.4 .. 3.0 .. 11.1 Guinea-Bissau . . . . . . . . . Haiti 10.6 .. 17.4 .. -4.7 . .. Honduras 14.6 . .. .. .. .. 218 1998 World Development Indicators 4.12 W Current Total Overall Financing Domestic Debt revenue' expenditure budget deficit from abroad financing and interest (including payments grants) Total Interest debt % of % of current % of GDP % of GOP % of GDP % of GOP % of GDP GOP revenue 1980 1995 1980 1995 1980 1.995 ±.980 1995 1.980 1.995 ±1995 1995 Hungary 53.4 .. 56.2 .. -2.8 . 2.1 .... 0.7 7 India 11.7 13.3 13.3 16.4 -6.5 -6.0 0.5 0.2 6.0 5.8 52.2 33.6 Indonesia 21.3 17.8 22.1 14.7 -2.3. 2.2 2.1 -0.4 0.2 -1.9 30.9 8.9 Iran, slami Rep.21.6 24.5 357.7 23.2 -13.8 1.4 -0.6 0:.0. 14.4 -1.4 0.0 Iraq :!: Ireland 34.7 36.7 45.1 40.3. . -12.5 -20 .. 15.3 Israel 50.4 38.5 70.2 44.7 -15.6 -4.7 7.9 0.2 7.8 4.6 113.9 15.9 J 41 1 E -0 - C Jamaica 29.0 .. 41.5 .. -15.5 .. . ... Japan 11.6 20.9 18.4 23.7 -7.0 -1.5 . 1.5 44.7 Jordan .... 17.9 28.6 413.3 _316.6 -9.3 1.1 5..7 1:5.5.... 3.6 -2.6 90-2 10-0 Kazakhstan Kenya 21.9 23.6 25:3.3... 29.8 . . -4 .5... -3.4 2.4 . 2.1... 31.7 Korea, Dem. Rep Korea, Rep.. -17.4 20.1 -..170.0. 17.7 -2.2 0.3 0.8 -70.1 ......1.4 -02 9..0..30 Kuwait 89.3 .. 27.7 51.4 58.7 .. . Lao PDR Latvta ~28.3 32.2 -4.2 . 1.7 2 ... 2.5 16.0 3.6 Lebanon 16 8 . 32.5 . -15.7 . 2... 14.0 77.9 59.8 Lesotho 34.2 55.0 . 50.7 . 6.4 . 6.6 4.8 -12.9 Lithuania .. 23.7 .. 25.5 .. -5.3 .. 4.1 .. 1~~ ~ ~~~~~~~~~~~~~~~~~.2 18.. .... Macedonia, FYR .. .. .. .. .. .. ..~~~~~~~~~~~~~~~~~~~~~~~~~~~~. . ... .... MLihaysia 263 25.4 28. 22.9 -60 5.3 0.6 -0 ...8 .4 -. 428 11 M .....l........10.... . 5.......... .. 2 .6 .... .... . .... .-.5 .. 1 ...... . 41 1.... 0.4... :21 M a ri a n a - . ... .- - ... .. .. . . . . . . . .. . . . . . Mauragisc20. 21.0227.2 1722. 1. -1.2 -18 2 78 0.4 338.74 1. Mexico 15.1 15.3 15.7 15.9 -3.0 -0.5 -0.4 5.4 3.4 -4.9 40.9 18.5~~~~~~~~~~~~~-5.9 3 7. M aldow i .. . . .. . . .. . .....9 3 .. .. .. ... .. .. .. ... .. Mongolia 26 2.3 254 2.5 21.5 6.0 -3. 0.6 8.7 5.4 01.4 428 127 Myanl r160 6 115.8 10.6 1.25 -4.1 1 20 0 -.4 4. Neurtherans 49.4 46.0 52.92 50.2 -.6.71 -.9. 0.0 31.2 4.6 1.7 63.0 10.4 Neicaragua 23 .3 25. 53.4 33.2 -6.8 -0.6 30.6 0.2 3.2 04.5 0 1858 Mngoige 14.4. ...1.4. 2~ .... .4 4.03. 0. Nigeria .. .. ~~~~~~~~~~~~~~~~~~~~~~~~.... ... ......8 Panamao 25.3 261 30.51 4. -5.27 . 5.43 . 02 326 Papua New Guinea 23~~~~~~~.0.20 3..9. 19 -. 2.5 .-0.2 -0..5. 4.3 430 2. Peruma 17.1 15.2 19.5 17. .2 -2.4 1. 0.6 2.2 12.8 -0.81 59 1. Portbgal 60 3. 33.1 44.15 8. -5.5 1. . 6 164. 4. P u erto Rico .. .. .. ~~~~~~~~~~~~~~~.. .. . . . . . . . . . . .. .. . . . . . . .. .. ...... Nehrlands 45.3 29.9 44.8 32.0 04 5 -25 9 0.0 3 .6 2.5 6.0 40.4 Russian Federatio ..185..240 .. -44..1... .9.-1. -6 3~6 .. ... ...199 . worl ......... Indicators ....9 4.12 Current Total Overall Financing Domestic Debt revenue' expenditure budget deficit from abroad financing and interest (including payments grants) Total Interest debt % of % of current % of GDP %of GDP % of GOP % of GOP %of GDP GDP revenue 1980 1995 1980 1995 1980 1995 1980 1995 1980% 1995 1995 1995 Rwanda 12.8 .. 14.3 25.8 --1.7 -7.4 2.6 .. -0.9 Saudi Arabia . .. . . .. .. Senegal 24.1 23.1 .. 0.9 -2.7 .. 1. 8 Sierra Leone 15.1 9.4 26.5 16.4 -11.8 -6.1 3.5 5.7 8.3 0.4 114.1 20.4 Singapore 25.4 25.9 20.0 15.9 2.1 14.3 -0.2 0.0 -2.0 -14.3 74.8 3.9 Slovak Republic South Africa 23.5 27.6 22.1 33.7 -2.3 -5.9 -0.2 0.4 2.5 5.6 57.4 22.3 Spain 24.2 31.2 26.7 38.2 -4.2 -7.2 0.0 -4.3 4.2 11.5 52.8 14.8 Sri Lanka 20.2 20.4 41.4 29.3 -18.3 -8.3 4.5 3.2 13.8 5.1 94.6 28.1 Sudan 13.8 .. 19.6 .. -3.3 .. 2.8 .. 0.5 Sweden 35.0 38.4 39.3 49.5 -8.1 -11.1 3.2 -1.3 4.9 12.4 71.1 16.6 Switzerland 19.5 23.2 20.1 26.8 -0.2 -1.0 -. 0.0 .. 1.0 22.5 4.0 Syrian Arab Republic 26.8 22.6 48.2 24.5 -9.7 -1.7 -0.2 .. 9.8 Tajikistan .. . .. . .. .. Tanzania . .. .. .. .. Thailand 14.3 18.6 18.8 15.8 -4.9 2.9 1.1 0.2 3.7 -3.1 4.6 1.8 Togo 30.3 30.8 .. -2.0 .. 1.6 .. 0.4 Trinidad and Tobago . 43.2 28.2 .3.9 29.2 7.4 0.2 .. 2.7 .. -2.9 53.5 18.3 Tunisia 31.3 30.1 31.6 32.8 -2.8 -3.2 2.3 2.9 0.5 0.3 57.7 12.4 Turkey 18.1 17.9 21.3 22.2 -3.1 -4.1 0.4 -1.0 2.6 5.1 41.4 15.2 Turkmenistan... .. .... ... Uganda 3.2 6.2 .. -3.1 .. 0.0 .. 3.1 Ukrai'ne... ...... United Arab Emiratea 0.2 2.5 12.1 11.8 2.1 0.2 0.0 0.0 -2.1 -0.2 United Kingdom 35.2 36.4 38 .3 42.0 -4.6 -5.3 0.3 .. 4.3 -.. 10.2 United States 20.2 20.5 22.0 22.7 -2.8 -2.2 0.0 2.7 2.8 -0.5 51.3 16.1 Uruguay 22.3 30.1 21.8 31.5 0.0 -1.3 0.9 1.1 -0.9 1.7 26.3 5.9 Uzbekistan... .. .... ... Venezuela 22.3 16.6 18.7 18.8 0.0 -3.7 1.8 0.1 -1.9 3.5 . 29.03 West Bank and Gaza... .. . ... Yemen, Rep. 19.9 .. 24.7 .. -5.5 .. -0.2 .. 5.8 .. 17.1 Yugoslavia, FR (Serb./Mont.)... .. . .. . ... Zambia 25.0 21.2 37.1 25.0 -18.5 -7.2 8.8 4.2 9.7 3.0 161.8 8.7 Zimbabwe 24.1 27.4 34.8 34.1 -10.9 -10. 7 2.3 7.2 6.6 3.5 69.5 23.4 Low income .. 9.9 .. 12.9 Excl. China & India . .. . . Middle income .. . . . . . . -. . 0.4 .. 11.3 Lower middle income .. 20.0 .. 22.6 .. -4.9 .. . . . . 11.1 Upper middle incomne 21.1 22.3 20.3 29.0 -2.2 -6.6 0.9 0.6 2.4 0.1 37.3 11.4 Low & middle income . 18.9 .. 21.9 . East Asia & Pacific .. 10.7 .. 11.5 . .. 1.2 -0.2 0.3 -0.7 . 11.5 Europe & Central Asia .. 25.5 .. 30.9 .. -7.7 . .. Latin America & Carib. 19.3 19.8 18.8 24.5 -2.0 -5.8 1.0 -0.4 1.5 0.0 .. 12.7 Middle East & N. Africa . ... .. . .. 2.6 0.4 3.1 0.8 .. 11.2 South Asia 12.4 14.2 14.2 17.6 .. -6.2 2.1 2.8 4.7 3.7 66.2 28.8 Sub-Saharan Africa 20.0 .. 22.2 .. . . 2.4 .. 1.9 High income 23.1 28.0 26.3 31.3 -4.1 -3.4 0.4 0.5 2.9 1.8 60.7 11.4 a. Excluding grants. b. Data prior to 1992 inciude Eritrea. 220 1998 World Oeve opment Indicators 4.12 Tables 4.12-4.14 present an overview of the size Centralgovemmentcan referto one oftwo account- * Currentrevenueincludesallrevenuefromrtaxesand and role of central governments relative to national ing concepts: consolidated or budgetary. For most nonrepayable receipts (otherthan grants)fromthe sale economies. The International Monetary Fund's (IMF) countries central government finance data have been of land, intangible assets, government stocks, or fixed Manual on Government Finance Statistics describes consolidated into one account, but for others only bud- capital assets, or from capital transfers from non- the government as the sector of the economy respon- getary central government accounts are available. governmental sources. It also includes fines, fees, sible for "implementation of public policy through the Countries reporting budgetary data are noted in recoveries, inheritance taxes, and nonrecurrent levies provision of primarily nonmarket services and the Primary data documentation. Because budgetary on capital. * Total expenditure includes nonrepayable transfer of income, supported mainy by compulsory accounts do not necessarly include all central govern- current and capital expenditure. It does not include gov- levies on other sectors' (1986, p. 3). ment units, the picture they provide of central govern- ernment lending or repayments to the government or Data on government revenues and expenditures are ment activities is usually incomplete. A key issue is the government acquisition of equity for public policy pur- collected by the IMF through questionnaires distrib- failure to include the quasi-fiscal operations of the cen- poses. * Overall budget deficit is current and capital uted to member governments and by the Organisation tral bank. Central bank losses arising from monetary revenue and official grants received, less total expen- for Economic Co-operation and Development (OECD). operations and subsidized financing can result in siz- diture and lending minus repayments. * Financing Despite the IMF's efforts to systematize and stan- able quasi-fiscal deficits. Such deficits may also result from abroad (obtained from nonresidents) and domes- dardize the collection of public finance data, statistics from the operations of other financial intermediaries, tic financing (obtained from residents) refer to the on public finance are often incomplete, untimely, and such as public development finance institutions. Also means by which a government provides financial noncomparable. missing from the data are governments' contingent lia- resources to cover a budget deficit or allocates finan- Ingeneral, the definition ofgovernment excludes non- bilities for unfunded pension and insurance plans. cial resources arising from a budget surplus. It includes financial public enterprises and public financial institu- Government finance statistics are reported in local alI govemment liabilities-otherthan those forcurrency tions (such as the central bank). Units of government currency. The indicators here are shown as percent- issues or demand, time, or savings deposits with gov- meeting this definition exist at many levels, from local ages of GDP. Many countries report government ernment-or claims on others held by government and administrative units to the highest level of national gov- finance data according to fiscal years; see Primary changes in government holdings of cash and deposits. ernment. Inadequate statistical coverage precludes the data documentation for the timing of these years. For Government guarantees of the debt of others are presentation of subnational data, however, making further discussion of government finance statistics excluded. * Debt is the entire stock of direct, govern- cross-country comparisons potentially misleading. see the notes to tables 4.13 and 4.14. ment, fixed term contractual obligations to others out- standing at a particular date. It includes domestic debt 11°^Nh (such as debt held by monetary authorities, deposit money banks, nonfinancial public enterprises, and Prudent fiscal management is not a guarantee against financial crisis households) and foreign debt (such as debt to interns- :iii'i.-' i-f.;l.';,,:'.,i;, . i 1991-96 tional development institutions and foreign govem- uI.k ,t,: ments). It is the gross amount of government liabilities not reduced by the amount of government claims .. - against others. Because debt is a stock rather than a l. flow, it is measured as of a given date, usually the last , day of the fiscal year. * Interest includes interest . I I payments on government debt-including long-term *- U I | * - g * * bonds, long-term loans, and other debt instruments- - | to both domestic and foreign residents. - *-- . : .. v- - .. -- . , ,- ... - . - .-. Data sources Data on central government a. 1991-93. b. 1991-95._ Source: IMF. Govemment Finance Statistics. financea are from the IMF' Govemment Fnance Statistics The flne Asian courirles shat e%oererrcedfinarcia errsi i n 1d997-Indonesia Lhe RepLolic of Korea. Malaw ia. tne Yearbook (1996) and IMF data Phmlrppures. and Thamand-ian srrall s,Cal surplIae* or modesr deflcint- in tie preceerurg period. mne problem, In ASia did nor arise trom fical management b.t horn e%cE,Isle short term borrowimg bV the p-rh ate sector that helped to files. Each country's accounts lel an inestment bubole. Brzil. China. india. Mexico and Sirgapore are sliown lor reference are reported using the system of common definitions and classifications found in the IMF's Manual on Government Finance Statistics (1986). See these sources for complete and authoritative expla- nations of concepts, definitions, and data sources. 1998 World Development Indicators 221 4.13 I Central government expenditures Goods and Wages Interest Subsidies and Capital services and salaries, payments othesr current expenditure transfers % of tota I 8 of totalI % of total 8 f total oi total ependiture 1.e,penditure eXpenditu.re exped it ure expendo ture 1980e 1995 190 1995 I 1980e 1995 1980 1995 1980 e 1995 Albania 26 12 8 48 . 16 Algeria .. Angola. . Argentina 57 22 17 0 10 43 60 ..7 Armenia - - Australia 22 23 7 6 65 67 7 4 Austri'a 26 25 11 9 5 9 60 59 9 7 Azerbaijan.... Bangladesh Belarus... .- Belgium 23 19 16 15 10 17 59 59 8 5 Benin Bolivia ~57 3.4 11 .. 13 ..19 Bosnia and Herzegovina -. Botswana 47 52 29 26 2 2 19 29 32 16 Brazil 20 13 16 7 8 52 64 40 8 2 Bulgaria 24 6. 36 .. 37 ..4 Burkina Faso 67 3 13 .. 19 Burundi 39 39 25 22 2 5 7 12 46 42 Cambodia... Cameroon 55 53 32 37 1 23 11 13 33 8 Canada 22 10 12 18 65 ..1 Central African Republic 67 54 I 16 ..6 Chad . Chile 41 29 29 19 3 4 46 52 10 16 China . Hong Kong, Chi-na....... Colomnbia 36 29 23 19 4 11 36 43 31 18 Congo,Dem . ,ep. .... 42 58 8 1 8 2 20 3 Congo, Rep. 45 Costa Rica 53 48 44 36 9 19 24 25 61 M6e d1voire .... ... 28 Croatia 59 25 3 .. 30 ..8 Cubsa.. .. Czech Republic .. 15 -. 8 3 -. 69 .12 Denmark 22 19 13 11 7 13 65 64 7 4 Dominican Republic 50 38 39 27 6 6 12 12 31 42 Ecuador 28 47 26 42 9 22 34 9 16 21 Egypt, Arab Rep. 38 31 19 17 6 25 36 24 20 19 El Salvador 50 48 40 38 3 10 16 25 15 12 Eritreea.... Estonia 50 1 .. 43 ..7 Ethiopia' 85 63 37 39 3 11 4 12 ~ 15 19 Finland 22 17 11 7 2 11 66 67 11 5 France 30 24 20 16 2 7 62 64 5 5 Gabon... Gambia,The 46 .. 23 14 .. 48 23 Georgia . .. Germany' .34 31 9 6 37 5775 Ghana 48 45 27 28 16 17 26 23 10 15 Greece 45 29 29 23 8 38 35 20 16 13 Guatemala 50 52 35 35 5 11 6 -12 42 26 Guinea Guinea-Bissau Haiti 82 ..2 ..5 .20 Honduras 222 1998 World O)eveloprment Indicators SEE SJoleoIPUI IuetuCoIlaAea PIJOM 866T S 6tP CT PlT OP UO!PeMGpGd ueiSSnN ST ST IS~~~~~~~ T 9Sgsa!di~ .:.....Pt t T T V . tn ST. T Z.. k T o c99. ewSeued . T . ST . ES . PS . T St~~~~~~~~~~~~~~~~~~~~~~17 T . LTL ue;s16 ...... . TS 9~~~~~~~~. .... . .. ...SST...TI... .....6T.ST ST .. 6T. 069 . 9 . PS.ST~ ~~ ~~~~~ ~ ~~.T.6 OT.Tz 9 6S pueleaZ MeN ...... ... 6" TI 516 TT ST ST sp~uej)aiaq ..~~ ~ .. . . .. . ... . . . ~~: ....... ........ 'a~~~~~~~~~~~~~~~~~~~~~~ebiqw~ez6pj ........ ~OPePoSpioij tt ~P ..P.A.. .... . .O.... LT . IT §PS.tT 6 Z snfl!9IfeP ..6. .... . .... T........... .SC~ev CZ SE TZ 6T ET OT 9S SS Pt 59 aseiselej .t.6 mISI O S ~ ~ . .. . . .. . .. . . . . . . . ST SS . I~ ~ ~~~~~~~~~~~~~~~s. £S. 6Suou6qbj . . . . . . . . . V S.. . . .... . . . . . .d . . . . -1s .. 6 .... S..T.T......I. T TZ vS6 ...tuiede ........ ..... ~ ~ ~ ~ ~ ~ ~ . . S . I . 9T . T . I . T . 95 . PP.IS . dad dwei~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~i 'URild'q( 'a~~ 6T CT ~~~ . P ST ST . . .. . . . . . . ..... 9661 06 V966 08 T 961 T96 966 086 E66 0861eis air6ipudxe ejnipuedx EtllPedO ihi Tex ejrflLpuedxe EC n;Iuedx ;unno eqp s;uw T 9se ~St puES LAJScldoLes uj Ie.;..... d... pu.ep8n sj; ~S~$ u po 9- £117 T v E t Z 9 . ... ...... ... ...... .. . .....S .. u Tr.ir 6 T 6i7 Cr.pu 4.13 Goods and Wages Interest Subsidies and Capital services and salariesa payments other current expenditure transfers % of total %of tota. % of total % oftota lof total expenditure expenditure e perditu.re experditure expend tore 1980 1995 1980e 1995 1980' 1995 1980 1995 1980 1995 Rwanda 56 . 30 2 5 .. 35 Saudi Arabia . .. Senegal 72 45 6 ..18 .8 Sierra Leone 37 21 12 ..28 20 24 Singapore 58 59 29 30 15 6 6 11 22 23 Slovak Republic . .. .. Slovenia . .. ... South Africa 47 27 20 26 S 1s 31 46 14 9 Spain 40 1 6 32 11 1 1.2 48 66 11 5 Sri Lanka 31 39 13 18 8 20 20 21 40 21 Sudan 46 .12 ..6 .268. 23 Sweden 17 15 8 5 7 13 71 70 5 3 Switzerland 27 30 6 5 3 3 53 653 7 4 Syrian Arab Republic ....... ....37 38 Tajikistan......... Tanzani a 52 ..19 ..7 .4 ..40 Thailand 55 57 21 32 8 2 14 7 23 33 Togo 52 ..28 ..9 .12 -. 27 Trinidad and Tobago 34 51 28 33 3 16 24 21 39 10 Tunisia 42 38 29 32 5 11 24 31 30 20 Turkey 47 37 32 27 3 12 23 42 28 8 Turkmenistan . U.gan wa ... .. .. .13 Ukraire . .. .. United Arab Emirates 80 8 7 .. 35 ...12 9 8 5 United Kingdom 32 30 14 9 11 9 53 56 5 5 United States 29 23 11 9 10 15 54 59 6 3 Uruguay 47 27 30 15 2 6 43 60 8 6 Uzbekistan........, Venezuela 50 27 41 21 8 26 22 32 22 16 Vietnam......... West Bank and Gaza............- Yemen, Rep. .. 67 .. 58 14 ..7 ..11 Yugoslavia, FR (Serb./Mont.) . .. Zambia 55 48 27 24 9 8 25 19 11 34 Zimbabwe 56 49 31 29 7 19 32 20 5 13 Low income . .......... . . ... Ex-cI. "Ch"i'na ..& ..I nd i'a..... ....... .... Middle ,ncon'e J.], -- - tt- I Eas-t-As-ia'. & ..P"a"cifi"c ....... ..................45' 27......... 18258 Latiin-Am-e-ric-a &Cer'ilb.- SO.6I. 2611 24 26.2014 Middle East & . Africa .. ..... .............. 5'5 ................... ..3-2 ....... 332. 1 ~''''h AS ' ........... 31 . 412.2423 21 . 17 18 .noe28.2I1I1 7 9 56.597 Note: Includes expenditures finanted by grants in kind and other cash adjustments. a. Part of goods and services. b. Data nrio' to 1992 include Eritrea. c. Data prior to 1990 refer to the Federal Republic of Germaoy before unification.. 224 1998 Wor.d Deve.npment indicators 4.13 Government expenditures include all nonrepayable plete. and coverage varies by country because func- * Total expenditure of the central government payments, whether current or capital, requited or tional responsibilities stretch across levels of gov- includes both current and capital (development) expen- unrequited. Total central government expenditure as ernment for which no data are available. Defense ditures and excludes lending minus repayments. presented in the International Monetary Fund's (IMF) expenditures, which are usually the central govern- * Goods and services include all government pay- Government Finance Statistics is a more limited mea- ment's responsibility, are shown in table 5.7. For ments in exchange for goods and services, whether in sure of general government consumption than that more information on education expenditures see the form of wages and salaries to employees or other shown in the national accounts (see table 4.9) table 2.9: for more information on health expendi- purchases of goods and services. * Wages and because it excludes consumption expenditures by tures see table 2.13. salaries consist of all payments in cash, but not in state and local govemments. At the same time, the The classification of expenditures by economic kind, to employees in return for services rendered, IMF's concept of central government expenditure is type can also be problematic. For example, the dis- before deduction of withholding taxes and employee broaderthan the national accounts definition because tinction between current and capital expenditure may contributions to social security and pension funds. it includes government gross domestic investment be arbitrary, and subsidies to state-owned enterprises * Interest payments are payments made to domes- and transfer payments. or banks may be disguised as capital financing sub- tic sectors and to nonresidentsforthe use of borrowed Expenditures can be measured either by function sidies may also be hidden in special contractual pric- money. (Repayment of principal is shown as a financ- (education, health, defense) or by economic type ing for goods and services. For further discussion of ing item, and commission charges are shown as pur- (wages and salaries, interest payments, purchases of government finance statistics see the notes to tables chases of services.) Interest payments do not include goods and services). Functional data are often incom- 4.12 and 4.14. payments by government as guarantor or surety of interest on the defaulted debts of others, which are classified as government lending. * Subsidies and A large portion of government spending goes to transfers and subsidies other current transfers include all unrequited, nonre- payable transfers on current account to private and Subsidies and transfers as % of public enterprises, and the cost to the public of cover- centrai government expenditure, 1995 central,government0expenditure, 1995 ing the cash operating deficits on sales to the public by departmental enterprises. * Capital expenditure : is spendingto acquire fixed capital assets, land, intan- | gibe assets, government stocks, and nonmilitary, non- ': V financial assets. Also included are capital grants. ~~ ~~~ ~~~ ~~ Data sources ~~~~~~~~~~~~ Data on central government expenditures are from the , (sW042~ a v- i +0, IMF's Govemment Finance Statistics Yearbook (1996) Source_ m,-,.- j j - f-and IMF data files. Each coun- try's accounts are reported In high4ncome economIes a large part of the central govemment's budget goes to subsidies and transfer paymests. using the system of common Subsidies and transfers are also quite high In some middie4lncome economies (Uruguay, Argentina, Chile) and transition economles line Czech Republic. Poland. L3rnIa. Russia. Romanial. definitions and classifica- tions found in the IMF's Manual on Govemment Finance Statistics (1986). See these sources for com- plete and authoritative explanations of concepts, def- initions, and data sources. 1998 World Development Indicators 225 4.14 Central government revenues Taxes on Social Taxes on Taxes on ( Othier Nuntax income, profit, security goods and international taxes revenue and capital txssrie rd gains txssrie rd % of total e3ta of total I/ of tora S of toy3orota of otrota current revenue i c ur ranotf revenue, currant revenue current reverLe curent evenue current revenue 1.980 1995 1980 1995 1980 1995 1980 1995 .1980 1995 1980 1995 Albania 8 .15 40 14 _121 Algeria - Angola Argentina 0 10 17 35 17 36 0 5 33 5 33 5 Armenia Auatralia 61 64 0 0 23 21 5 3 0 2 10 10 Austria 21 21 35 40 26 23 2 0 9 7 8 9 Azerbaijan - Bangladesh 10 0 25 29 4 32 Belarus Belgiumn 39 35 31 34 24 25 C 0 2 3 4 3 Benin Bolivia 3 7 40 7 IL 33 Bosnia and Herzegovina- Botswana 33 21 0 0 1 4 39 15 0 0 27 59 Brazil 11 15 25 31 32 19 7 2 4 5 2128 Bulgaria 17 21 28 8 3 22 Burkina Faso 18 8 16 -. 44 4 11 Burundi 19 19 1 7 25 41 40 26 8 1 6 7 Cambodia Cameroon 22 17 8 0 18 25 38 28 5 3 8 27 Canada 53 48 10 19 17 19 7 2 0 0 14 11 Central African Republic 18 6 21 40 8 9 Chad Chite 18 17 17 6 36 45 4 9 5 5 20 17 China 11 0 72 9 0 8 Hong Kong, China Colombi'a 25 34 11 0 23 41 21 9 7 0 14 17 Congo, Dem. Rep. 30 33 2 0 12 19 38 33 5 8 12 8 Congo,Rep. 49 4 8 .. 13 3 24 Costa Rica 14 11 29 26 30 33 19 15 2 1 5 14 C6te dlvoire 13 6. 25 43 .. 6 8 Croatia .. 11 . 33 .. 42 .,9 .1 4 Cuba . .. .. Czech Republic .. 15 ~ 40 .. 32 ..4 I 8 Denmark 36 39 2 4 47 41 0 0 3 3 12 13 Dominican Republic 19 16 4 4 22 34 31 37 2 1 22 9 Ecuador 45 50 0 0 17 26 31 31 3 1 4 12 Egypt,Arab Rep. 19 19 9 10 9 13 20 10 7 10 37 39 El Salvador 23 27 0 0 30 51 37 17 8 1 4 5 E'ritrea . .. Estonia .. 20 .. 31 .. 39 ..0 2 ..7 Ethiopia, 21 22 0 0 25 23 34 23 4 3 16 2.9 Finland 29 28 10 14 49 41 2 0 3 2 8 15 France 18 18 41 44 31 28 0 0 3 4 7 6 Gabon 40 0 .. 5 20 .. 2 .. 34 Gambia, The 15 14 0 0 3 32 65 42 2 5 15 6 Georgia . .. .. .. Germanve 19 18 54 48 23 23 0 0 0 7 4 8 Ghana 20 17 0 0 28 34 44 27 0 0 7 23 Greece 17 33 26 2 32 59 5 0 10 -5 11 11 Guatemala 13 19 0 0 31 46 36 23 12 3 5 9 Guinea-Bissau . . . . . . .. Haiti 14 .. 0 .. 15 . 48 .. 9.. 1 Honduras 31 . 0 .. 24 . 37 .. 2 .7 2216 1999 World Development Indicators 4.14 Taxes on Social Taxes on Taxes on Other Nontax income, profit, security goods and international taxes revenue and capital taxes services trade gains % of totalI % of total % of total % of totalI % of total % of total current revenue current revenue current revenue current revenue current revenue current revenue ±980 1.995 1980 1995 ±980 1.995 .1980 1995 1.980 1995 1.980 1.995 Hungary ~~19 15. -38 7 5 16 India 18 22 0 0 42 29 22 24 1 0 17 25 Indoneaia 78 46 0 6 9 33 7 4 1 1 5 9 Iran, aslamicRe.2.9 7 6 4 2 3 5 8 7 I.a ... . ... .12. ... .. .. . .. Ireland 34 40 13 14 30 32 9 5 2 4 11 Isarel 41 39 10 10 25 34 4 0 8 4 14 13 Italy 30 33 35 .. 31 25 .. 26 0 0 4. 3 8 7 Jamaica 34 4 49 49 3 6 4 J.aan 71 .36 0 27 21 .. 15 2 1 3 6 5 16 .. Jordan 13 11 0 0 7 26 48 25 10 10 22 27 Kazakhstan .. Kenya 29 28 0 0 39 46 19 16 1 1 13 10 K o e . e . R ep... .... . . .. I .. .. . ... .. .. . -. .I .. I . - . . . . . . .. . .. . . . .... ... Korea,Rep. 22 31 1 8 46 32 15 7 3 10 12 12 Kuwait 2 . 0 .. 0 .. 1 . - . 97 Kyrgyz Republic . . - . - . - L a o. P. . ................... ..... Latvia .. 7 . 35 .. 41 3 .0.. 13 Lebanon . 6 .. 05 .. 4. 14 31 Lesotho 13 13 0 0 10 15 61 59 2 0 14 13 Lithuania ~~~~~~~~~~~~~. ...13 .. 30 .. 50 .. 3 . 0 .... 4 ... Macedonia, FYIR .............. .... . Madagascar 17 15 11 0 39 26 28 55 3 2 2 2 Malawi 34 .. 0 . 31 .. 22 .. 0 . 13 Malaysia 38 37 0 1 17 26 33 12 2 5 11 19 Mali 18 . 4 .. 37 .. 18 15 ..8 M a u it ni ..... . .. .. . . . .. .. .. .. . . . . . . . . . Mauritiua 15 13 0 6 17 24 52 35 4 6 12 16 Mexico 34 27 12 14 50 54 7 4 -11 -15 7 16 Mongolia .. 33 15 .. 19 ..9 ..II. 24 Morocco 19 .. 5 35 21 .. 7 12 Mozambiquae. . . . . Myanmar 3 20 0 0 42 26 15 12 0 0 40 41 Namibia . 29 .0 .. 29 31 . . Neap 6 12 0 0 37 40 33 30 8 4 16 15 Netherlanda 30 25 36 42 21 23 0 0 3 4 11 7 New Zealand 67 59 0 0 18 25 3 2 1 .1 10 12 Nicaragua 8 11 9 13 37 43 25 21 8 6 0 6 Norway 27 18 22 22 39 38 1 1 1 1 9 21 Oman 26 21 0 0 0 1 1 3 0 2 72 73 Pakiatan 14 16 0 0 34 37 34 25 0 1 18 21 Panama 21 20 21 ..16 17 17. 10 11. 4 3... 27 34. Papua NewGuinea 60 50 0 0 12 10 16 24 1 2 10 14 Paraguay 15 10 13 0 18 36 25 12 19 6 9 35 Peru 26 17 0 9 37 49 27 10 2 3 8 11 Philippines 21 33 0 0 42 286 24 29 2 4 1.1 8 Poland . 28 .. 25 .. 2 .8 . . 10 Portugal ~~19 25 26 25 34 37 5 0 9 3 7 10 Puerto Rico P. . .. .. ... .. Romania 0 30 13 29 0 23 0 4 9 2 78 12 Ruasian Federation .. 15 . 32 .. 36 9 6 1998 World Development Indicatora 227 s.1o4241pul 4uawdo[aAa0 P[JOM 866T szz JUO jeog!un a1o40q 4uewJeC 40 o!jqnldaG 0.jgp~4 ~ql4 04 .94GJ 066T 04 jopd eOeC 9 0g,1IJ3 apnjoi3U Z66T 04 jo!Jd ejeg *e 'fnU9AOJ xi4 o0: s4uawjsn4pe sapnloul :SION CT CT S S C 6 CT, Vtl Z6 6T CT 6E aWOOUiI 14,5f OT S VSc CT T ZZT eopV uejeqS-qnlS CT LT 6 6 9~ SE 65 V7S C C VT VT i?!sV 4lnoS T S Z5 V1 9 6T CT CT C C 9 9T C T eOPW VNS'RM3 IPPMV ET 6 S 9 6 CT ov L C .LT OT .eaR2pwVu1 O T T T TT OT 9cT 6Z: T C SE 6Z 04!3ed '2!SV lse3 TT S~ CT 96 C 6T MOWOOUeippiLW 18MO1 C T tVT 5 9 ST ST CS CJ C V, LT 65 GWOOUr OIpp!W JE6MOj V7T 9 T S C 6 C T VSC CJ C V L T 6 T ewUoou! ejpp!1A TT SVS CT C 61 eipu '2 eU!L49 C1x3 T TS VS CT C 6T awooul mo1 T T 06 6 T 6 T t7 CT CT C 6, 9tV emqeqwiuz z c ~ 7T 8 Rt, et, 0 T ECCVC .E e[qOJeZ C0 6T CT C T -da u~woXk 6T CT C 6 6 L SS.CcSE.6I1IZGuGA ueisi4lEqznl C C CT S V V7T c:S EtV . ST CT tTT. B.njf 6 C T I T T V, V C z9 is s04iei ;Jfl6 C ST L C c 8 C C 55 CT.CS W0pCAOpOUNfll C!2 OCT C 0 l C C T CC.s9wwqe~jv pq9Ufl auiemnj C 0 ~~~~~~~~CTV TT. LT TT~ V V CT CT CTE VT7 CT 6 CT CT ei!sunli VT C T T T 9 L Z V *6 T.0 zLo~eqoj puepepuiu VT CT FE6 ST C VS Oto 6 C 5 6 CT CT 65 C T . TS CTPllJpIIP C 6 T TV7 C 65 2iU67U 6T TC C CT ST VT LE C C C0 ST CT D!lqncld qeVueI:AS 5 6 ~ ~~ ~~ ~~~~~ ~ 6 9 6.T T t7 t T VT puPU2flZ4M6 TT VT S V T T TS 6 LE CS cTT Ct LIep2ms CT T SC 96 VTuen ST C V7 6 CT C9 E C ST.S 9T 2~ue !JS / C C V7 0 V, FE ST V . 0S, O SZTued eIUAOAIS oijqnde8 leAOJ§ LE TS CT V7T T S T6 CT 6 CT, S ajodce9w V CT C 6 TV CC 6 . 9T~~~~~~~~~~~~~~~~~~~~~~~~~TT C TT t7c CT V, CT t?T ~ ~~~6tV 6T V7 CTepe 6S66 086T 966T 0RGT 966T 086T S66r 086T 966T 086T 966T 086T 440: 4C 4', 4404 ~~~~~~~~~4 % 4444 40% 0404 40~~~~~~~~% 0404440% 0404i 0% 8pB4l Sa3!AJGS sexe; IB1!de3 pue anUaAal Je IBUO!1BUJalUi PUB SPOO~l A41pnoes l!joid IoLuoou! XBIUON . iBiflo uo saxB1 UO SaxelBjoo UO SBXB-i l ~~~~S.. 11 - X 4.14 The International Monetary Fund (IMF) classifies gov- instances the government budget may include trans- * Taxes on income, proft, and capital gains are ernment transactions as receipts or payments and fers used to finance the deficits of autonomous, extra- levied on the actual or presumptive net income of indi- according to whether they are repayable or nonre- budgetary agencies. viduals, on the profits of enterprises, and on capital payable. If nonrepayable, they are classified as capital The IMF's Manual on Govemment Finance gains, whether realized on land, securities, or other (meant to be used in production for more than a year) Statistics (1986) describes taxes as compulsory, assets. lntragovernmental payments are eliminated in or current, and as requited (involving payment in return unrequited payments made to governments by indi- consolidation. * Social security taxes include for a benefit or service) or unrequited. Revenues viduals, businesses, or institutions. Taxes tradi- employer and employee social security contributions include all nonrepayable receipts (other than grants), tionally have been classified as either direct (those and those of self-employed and unemployed people. the most important of which are taxes. Grants are levied directly on the income or profits of individu- * Taxesongoodsandservicesincludegeneralsales unrequited, nonrepayable, noncompulsory receipts als and corporations) or indirect (sales and excise and turnover or value added taxes, selective excises from othergovernments or international organizations. taxes and duties) levied on goods and services. on goods, selective taxes on services, taxes on the Transactions are generally recorded on a cash rather This distinction may be a useful simplification, but use of goods or property, and profits of fiscal monop- than an accrual basis. Measuring the accumulation of it has no particular analytical significance. For fur- olies. * Taxes on international trade include import arrears on revenues or payments on an accrual basis ther discussion of taxes and tax policies see the duties, export duties, profits of export or import would normally result in a higher deficit. Transactions notes to table 5.5. For further discussion of gov- monopolies, exchange profits, and exchange taxes. within the same level of government are not included, ernment revenues and expenditures see the notes * Other taxes include employer payroll or labor but transactions between levels are included. In some to tables 4.12 and 4.13. taxes, taxes on property, and taxes not allocable to other categories. They may include negative values that are adjustments (for example, for taxes collected on behalf of state and local governments and not sIlo- Direct taxes account for a larger share of government revenue in high-income economies cable to individual tax categories). * Nontax revenue includes requited, nonrepayable receipts for public Direct taxes/current revenue 1i%), 1995 purposes, such as fines, administrative fees, or entre- i-, -;,n ee:.c:iv ,e ~preneurial income from government ownership of -- :,re- property, and voluntary, unrequited, nonrepayable * LOu * j:ume receipts other than from government sources. ^ ^ g + ^ * s Proceeds of grants and borrowing, funds arising from 2 * * * 9 the repayment of previous lending by governments, - * % * incurrence of liabilities, and proceeds from the sale A A4 + * of capital assets are not included. 100 1,000 10,000 100,000 Data sources GNP per capita 1o; iog scale) Source: International Monetary Fund, government finance statistics data files. Data on central government Govemments of lowincome economies typically ralse a large share of their revenues through indirect taxes, such as revenues are from the IMFs tariffs and sales taxes. Nigh4income economies usually rely mere on direct taxes on Income, wages, and profits-taxes that require a more sophisticated administrative apparatus but yield higher revenues. The figure shows the share of Government Finance Statistics current revenues raised through direct taxes, including social security taxes, plotted against GNP per capita. Although Yearbook (1996) and IMF data the clustering of points and thefitted curves confirm the general observation, there are many exceptions in each group. files. Each country's accounts are reported using the system of common definitions and classifications found in the IMF's Manual on Govemment Finance Statistics (1986). The IMF receives additional information from the Organisation for Economic Co-operation and Development (OECD) on the tax revenues of some of its members. See the IMF sources for complete and author- itative explanations of concepts, definitions, and data sources. 1998 World Development Indicators 229 4.15 Monetary indicators and prices Money and Claims on Claims on GDP Consumer Food quasi money private sector governments implicit price price and other deflator index index public entities annual % growtn annual growtn annual growth average annual average annual ave-age annual of 142 an of M2 an 8 at M2 % growth % growth % growth .1990 199e 1.990 1996 1990 1996 1990-90 1990~-96 1990-90 1990-96 1980-90 1990-96 Albania .. 43.8 .. 2.4 .. 35.4 -0.4 67.9 .. . . 50.9 Algeria 11.4 -59.6 12.2 4.3 3.2 2.5 8.0 25.4 9.1 27.0 6.8 28.6 Angola ... ... ... 5.9 1,103.2 .... 1,401.0 Argentina 1,113.3 18.7 1,444.7 6.3 1,573.2 2.5 389.1 15.8 390.6 20.1 206.9 19.5 Armenia .. 32.8 .. -1.9 .. 33.8 0.3 896.6 . Australia 1 2.8 1-0.6 1-5.3 1-0.9 -2.2 3.3 7.3 1.1. 7.9 2.4 7.4 2 2 Auntria 9.7 2.6 12.1 6.8 1.6 -0.4 3.3 3.0 3.2 3.1 2.6 2.2 Azerbaijan .. 17.1 .. 2.5 .. 31.1 .. 589.9 ... 1.5 585.5 Bangladesh 10.2 10.8 9.2 5.0 -0.2 4.4 9.5 4.9 10.5 3.6 10.4 4.0 Belarus- - 52.4 .. 27.5 .. 30.2 .. 714.9 -. . 2.4 784.4 Belgium 4.1 6.8 3.5 5.1 4.8 1.1 4.4 2.8 4.2 2.4 4.0 0.6 Beni'n 28.6 13.0 -1.3 8.9 12.4 -6.6 0.9 10.8 . Bolivia 52.8 24.2 40.7 15.3 17.5 -2.2 317.4 10.5 322.6 11.1 322.0 11.9 Bosnia and Herzegovina Botswana -14.0 30.4 12.6 2.1 -52.4 -25.3 13.1 9.7 10.0 12.4 10.7 12.9 Brazil 1,289.2 6.8 1,566.4 3.7 2,704.2 9.2 284.5 675.4 371.1 643.9 238.2 646.5 Bulgaria 50.4 117.8 1.8 76.4 88.9 238.1 1.2 80.3 . .. . 114.7 Burkina Faso -0. 5 5.2 3.6 3.8 -.1.5 3.2 3.1 7.1 3.4 7.0 -0.5 5.4 Burundi 10.4 .33.3 16.3 6.5 -5.3 11.1 4.4 14.3 7.1 12.6 6.1 6.7 Cambodia .. 40.4 .. 21.7 .. -3.1 .. 44.7 . Cameroon -1.7 -10.1 0.9 2.2 -3.0 -6.7 5.6 6.4 8.7 8.9 3.9 Canada 7.8 5.0 9.2 11.9 0.5 -1.5 4.4 1.3 5.3 1.8 4.6 1.4 Central African Republic -3.7 4.9 -1.6 0.1 2.3 -2.2 7.3 6.6 3.2 7.4 2.0 7.8 Chad -2.4 27.9 -1.3 2.3 -17.3 18.9 1.3 8.6 0.6 8.7 .. 5.3 Chile 23.5 19.6 21.4 26.5 16.4 -1.7 20.9 13.6 20.6 12.5 20.8 12.4 China 28.9 25.3 26.5 20.7 1.5 0.8 5.8 12.0 .. 13.5 6.8 Hong Kong, China 8.5 12.5 7.9 14.1 -1. 0 1%2 7.7 7.0 . . 6.8 8.1 Colombia 32.7 24.4 8.7 21.2 -7.5 0.9 24.7 23.0 22.7 23.9 24.5 21.3 Congo, Demn. Rep. 195.4 147.9 18.0 92.8 429.7 21.2 62.9 2,746.5 57.1 2,824.8 Congo, Rep. 18.5 15.7 5.1 7.8 -12.6 1.7 0.3 8.3 6.1 15.3 4.1 10.2 Costa Rica 27.5 47.6 7.3 19.6 8.2 32.0 23.5 18.4 23.0 17.6 23.0 16.3 COte dIlvoire -2.6 3.9 -3.9 1.6 -3.0 2.1 2.6 9.8 5.4 9.4 6.0 Croatia .. 49.4 .. 3.8 .. -1.9 . .. 304.1 232.3 246.3 229.9 Czech Republic .. 6.4 . 7.2 .. -1.5 1.5 17.7 .. . . 11.2 Denmark 6.5 8.1 3.0 3.9 -3.1 -1.6 5.5 1.8 5.5 1.9 4.8 1.6 Dominican Republic 39.1 21.2 20.8 17.2 0.8 6.0 21.6 12.3 22.4 10.9 22.5 Ecuador 101.6 43.7 46.7 27.4 -22.4 -1.8 36.4 35.0 35.8 36.6 43.0 34.8 Egypt. Arab Rep. 28.7 19.8 6.3 05 53 2.5 13.7 11.3 17.4 12.4 19.0 9.5 El Salvad or 32.4 15.5 6.8 14.8 9.6 -0.1 16.4 10.8 19.6 12.6 21.4 15.5 Estonia 71.1 36.4 27.6 33.0 -13.5 3.7 2.4 116.7 .. . . 116.2 Ethiopia' 18.5 9.4 -1.0 19.9 21.7 -3.4 3.4 9.7 4.0 8.9 3.7 12.4 Finland 5.0 -2.9 17.1 -1.0 -0.1 -2.3 6.8 1.8 6.2 1.8 5.8 -1.1 France 3.3 4.0 15.7 -1.3 0.3 6.3 6.0 2.0 5.6 2.1 6.7 1.0 Gabon 3.3 17.2 0.7 -1.2 -20.6 -2.9 3.7 9.8 5.1 6.6 2.8 5.1 Gamble, The 8.4 5.8 7.8 0.1 -35.4 2.8 16.7 5.4 20.0 5.7 20.4 5.6 Georgia ... ...... 1.9 2,279.3 . Germany# 18.6 7.5 26.6 11.9 2.0 3.8 .. 2.9 2.2 3.3 .. 2.2 Ghana 13.3 32.6 4.9 21.2 -0.8 8.4 42.0 26.9 39.1 29.8 33.1 27.5 Greece 14.3 13.3 4.6 8.0 16.3 1.6 18.0 12.2 18.7 12.8 18.0 12.4 Guatemala 25.8 13.8 15.0 7.3 0.5 2.0 14.6 13.0 14.0 12.7 14 6 13.2 Guinea 23.3 3.6 13.1 2.0 7.3 10.4 .. 8.8 9. . P Guinea-Bissau 65.3 48.4 57.4 8.8 109.9 11.9 56.9 47.8 .. 44.5 Haiti 2.5 0.6 -0.6 6.1 0.4 1.5 7.S 25.0 5.2 26.8 4.1 19.2 Honduras 21.4 41.2 13.0 30.6 -10.9 -8.5 5.7 20.0 6.3 19.6 S.1 19.1 230 i99s World Development lend nature 4.15 Money and Claims on Claims on GDP Consumer Food quasi money private sector governments implicit price price and other deflator index index public entities annual % growth annual growth annual growth average annual average annual average annual of M2 as % of M12 as % of M2 % growth % growth % growth 1990 1996 1990 ±998 1990 1996 1980-90 ±1990-96 1980-90 1990-96 1980-90 1990-96 Hungary 29.2 18.4 22.8 .5.5 2,0 -7.3 8.6 22.5 9.6 24.1 9.5_ 24.4 India 15.1 18.7 5.9 10.5 10.5 .. 9.3.. 8.0 9.2 8.6, 9.9 .8.4 10.8 Indonesia 44.6 27.2 66.9 23.9 -6:7 -0.4 8.5 8.1I 8.3 . ... 8.8 8.6 9.5 Iran, Islamic Rep. .... 18.0 32.5 14.7 11.3 5.8 26.5 14.6 32.3.. 18..2 29.3. 163.3.. 32.6 Iraq 10.3 . ... ...... 14.3 I.reland 8.9 13:6 0.6 .98 1.9 -2.6 6.6 .1.9 6.8 ...2.3 10.5 2.0 .Israel .19.4 . 15-.1 18.5 17.0 4.9 2.2 101.5 .12.2 101.7 12.1 102.4 9.6 Italy 10.2 2.2 11.8 ~ 0.8 .....1:.8 3.7 10.0 4..7 9.1 48.8 8.2 4.3 Jamaica 21.5 10.9 12.5 8.8 -16.0 5.6 18.6 36.1 15.1 36.5 16.2 ..37.1 Japan 8.2 2.3 9.7 1.2 1,5 0.4 1.7 0.7 1.7 1.1 1.6 0.8 Jordan .. ....... 8.3 .-0.9 4.7 34.4 1.0 -2.8. 4.2 4.0 5.7 4.2.. 4.7 41.1 Kazakhstan .. . . . . . . 604.9 ... .. 777.8 Kenya 20.1 26.2 8.0 15.1 21.5 21.6 -9.0 16..6 11.1 .... .23.5 24.5 Korea, Dem. Rep. ... .... Korea, Rep. 1-7.2 15.8 36.1 27.5 -1.5 -0.7 5.9 5-8 4 .9 5-8 ......50O..... 671 Kuwait 0.7 -0.6 .3.3 .. 10.0 -3.1 .-11.3 -2.4 .-2.0 . 2.9 2..3 1.6 1713 Lao PDR7. 26.7 3.6 139.9 7.0 -17.9 37.5 11.1.... ....... Latvia .. 18.6 .. 3.4 .. -0.3 0.0. 110.6 .. 61.2 Lebanon 55.1 26.4 27.6 11.3 18.5. 12.9 1.6 32.8 75.5 36.8 Lesotho 8.4 18.1 6.8 -6.3 -17.4 -16.9 13.9 8.8 13.6 12..1 13.2 13.0 Libya .-20.3 1.8 0.9 -4.5 85.5 -2.5 0.2 .. Lithuania .. -3.0 .. -4.8 .. 3.9i. 79.3. .. 154.7 Macedonia, FYR . . . . . . . 286.4 242.1 197.0 Madagascar 4.5 16.2 23.8 0.9 -14.8 -2.7 17.0 25.4 16.6 23.9 15.7 24.3 Malawi 11.1 39.6 15.8 3.6 -2.8 6.8 149 33.2 16.9 34.2 16.3 39.7 Malaysia 10.6 200.0 20.8. 26.3 -1..-.6 1.7 4.4 2..6 .. 4.2 1.3 4.8 Mali -4.9 24.5 0.1. 16.3 -13.4 -16.0 3.6 10.6 . . . 1.8 Mauritania 11.5 -5.1 202 15.3 1.5 -60.6 8.6.. 6.2. 7.1 7.0 Mauritius 21.2 76 1. . 0.8 2.2 9.4 6.5 6.9 7.2 7.4 7.5 Mexico 75.8 26.2 64.0 -177 12.1 -. 71.5 18.5 73.8 18.2 73.1 17.3 Moldova 358.0 14.8 53.3 13.5 447.0 9.6 . 307. 7 .. .. ... .. 230.3 Mongolia 31.6 -17.2 402.2 13.2 38.5 37.3 -1.8 106.2 .. .. Morocco ..21.5 6.6 12.4 4.7 -4.9 1.2 7.2 4.0. 7.0 55 .5. 6.7. 8.4 Mozambi'que 37.2 19.0 22.0 19.2 -6.8 -25.6 35.9 47.2 . 48.5 24.4 Myanmar 37.7 18... 12.8.. -23.4 . 12.2 21.9.. 11.5 25.5 11.9 27.1 Namibia 30.3 29.0 15.4 19.7 -4.7 8.4 13.3 9.6 12.6 11.2 14.9 -11.1 Nepal 18.5. 12.2 5.7 1-25.5 7.3 2.2 11.1 10.1 10.2 10.4 -10.0. 10.5 Netherlands 6.9 5.6 6.7 13.4 0.1 0.6 1.6 ......1.9 . .2.0 . 26.6 . 1.6 New Zealand 74.0 17.6 76.6 14.8 0.1 -5.2 10.8 1.8 10.9 2.0 9.9 0.7 Nicaragua 7.677.8 40.6 4,932.9 -8.6 12,679.3 -56.7 422.6 70.9 536.0 63.2 Niger ~~~~~~~~~~~~~-4.1 -6.6. -5.1 1.0 1.4 5.0 3.0 7.'4 0.7 .2 -1.5 Nigeria 32.7 20.1 7.8 13.1. 26.3 -52.9 16.5 37.6 21.5 48.8 21.6 36.2 Norway 5.6 4.5 5.0 14.2 -0. 1 -4.9 5.6 1.7 7.4 2.1 7.8 0.9 Oman 10.0 8A.1 9.6 13.7 -09 -. -36 2... . .. 0.2 Pakistan 11.6 20.1 5.9 9.1 7.7 15.4 6.7 11.3 6.3 11.1 6.6 11.9 Panama 36.6 6.1 0.8 10.5 2. . . . . . 1.9 1.4 Papua New Guinea 4.3 30.7 1.3 -0.3 7.2 5.7 5.3 6.6. 5.6 7.4. 4.6 6.8 Paraguay 52.5 18.2 33.1 17.2 -9.5 -5.3 24.4 17.4 21.9 17.0 24.9 18 6 Peru 6,384.9 :72. 2,123.7 37.8 2,127.1 -25.1 231.3 49.1 246.3 54.3 . 50.2 Philippines 22.5 23.2 15.7 363.3 3.4 3..7 14.9 9.0 14.4 9.5 14.1 ..8.7 Poland 160.1 2.9.3 '20.8. 18.6 75.6 9.6 53.7 32..4 50.9. 37.5 52.4 32.7 Portugal 9.4 6.1 7.4 10.9 3.2. -1.3 18.1 7.0 17.1I 6.4 16.9 4.9 Puerto Rico ...... 3.4 23... 2.8 7.1 Romania 26.4 64.1 133.3 -68.6 2.5.. 132.7 ... 1.8 18. Russian Federation .. 33.0 .. 12.1 .. 58.8 24 340 ... .. 390.9 1998 World Development indicators 231 W ~4.15 Money and Claims on Claims on GDP Consumer Food quasi money private sector governments implicit price price and other deflator Index index public entities Ennua. % growth annual growth annual growth average anna[a vrg a,oa average annual of M2 au % of M2 e asa%of M2 % growth % growth % growth 1990 1996 1990 199 1990 1996 1960-90 1990-96 1980-90 1990-96 1980-90 1990-96 Rwanda 5.6 10.9 7100.0 0.5 26.8 -16.6 3.6 19.5 3.9 22.6 6.1 Saudi Arabia 4.6 7.7 -4.5 -1.0 4.2 -3.2 -3.7 1.1 -0.8 1.8 -0.4 1.7 Senegal -4.8 11.7 -8.4 11.2 -5.3 -3.7 6.5 8.4 6.2 7.6 5.3 8.3 Sierra Leone 74.0 29.6 4.9 6.2 228.7 32.4 63.7 37.7 72.4 37.5 71.0 Singapore 20.0 9.8 13.7 17.1 -4.9 -4.6 2.2 3.4 1.6 2.4 0.9 2.1 Slovak Republic .. 16.2 .. 11.6 .. 9.6 1.8 14.2 ... 1.6 18.1 Sloveni'a 123.6 21.3 96.1 15.2 -10.4 -2.7 . .. ... 252.3 50.6 So uth Africa 11.4 14.3 13.~7 20..2 1.8 1.9 14.9 10.6 14.8 10.4 15.1 13.0 Spai'n 13.6 2.9 8.4 6.5 5.3 1.4 9.3 5.0 9.0 4.9 9.3 3.7 Sri Lanka 21.1 10.5 16.2 7.5 6.8 4.3 10.8 10.4 10.9 10.7 10.9 10.9 Sudan ~46.8 65.3 12.6 27.1 29.4 48.4 37.1 86.2 37.6 114.3 38.0- Sweden 7.4 2.8 7.0 3.4 8.2 -0.5 Switzerland 0.8 9.6 .11.7 -0.8 1.0 0.5 3.7 2.3 2.9 2.6 3.1 0.7 Syrian Arab Republic 26.1 -70.1 3.4 1.5 11.4 3.9 15.3 8.5 23.2 11.3 24.5 8.9 Tajikistan ... . . .. . 394.3 . Tanzania 41.9 8.4 .22.6 7-11.1 80.6 -2.4 . .. 31.0 26.8 30.2 26.0 Thailand 26.7 12.6 30.0 18.1 -4.0 -1.6 3.9 4.8 3.5 4.8 2.7 6.0 Togo ~~~9.5 -6.3 1.8 4.8 6.9 3.8 4.7 9.4 2.5 9.8 1.2 Trinidad and Tobago 62 5.8 2.7 10.5 -1.9 -6.5 4.1 6.5 10.7 7.0 14.6 14.7 Tunisia 7.6 13.3 5.9 1.3 1.8 -1.3 7.4 5.1 7.4 5.3 8.3 5.0 Turkey 53.2 117.3 42.9 73.4 9.7 35.9 45.3 78.2 44.9 80.2 .. 81.4 Turkmenistan .. 449.1 .. 666.5 .. -520.5 ..1,074.2 . Uganda 60.2 17.3 .. 13.3 .. 0.5 125.6 20.4 102.5 16.9 .. 13.4 Ukraine .. 35.4 .. 4.7 .. 47.1 .. 800.5 ... 2.0 United Arab Emirates --8.2 6.9 1.3 8.8 -4.8 1.7 0.7 .. . United Kingdom 5.7 3.3 5.8 3.0 4.6 2.6 United States 4.9 6.1~ 1.1 7.1 0.7 0.7 4.3 2.5 4.2 3.0 ~ 3.8 4.0 Uruguay .115.8 33.6 58.5 25.8 28.0 2.3 61.3 49.8 611 53.7 62.0 48.7 UzbeKistan .. . . . . . . 546.5 . Venezuela. 71.2 69.1 17.0 33.9 42.8 -20.4 19.3 46.7 20.9 50.6 29.7 48.1 Vietnam .. 24.8 .. 14.7 .. 6.4 210.8 22.7 . West Bank and Gaza . . . . . . . . . Yemen, Rep. 11.3 8.1 1.4 -0.6 10.2 -10.8 .. 27.1 ... 2.6 Yugoslavia, FR (Serb./Mont.) Zambia 52.3 35.0 21.2 22.7 175.3 52.8 42.4 86.8 72.5 93.3 42.8 98.4 Zimbabwe 15.1 33.3 13.5 19.1 5.0 13.3 12.1 26.4 13.8 26.8 14.6 33.5 a. D ata pr oor to 199 2 i nclIu de E r trea. b. Data pri or to 199 0 refe r to th e Fed eralI Re pu blIic of Ge rm a ny b efo re u nifi cati on, 232 1a9s World Development ldnccatora 4.15 Money and the financial accounts that record the sup- uation duringthe reporting period. The valuation offinan- * Money and quasi money comprise the sum of cur- ply of money lie at the heart of a country's financial cial derivations can also be difficult. rency outside banks, demand deposits other than system. There are several commonly used definitions The quality of commercial bank reporting also may those of the central government, and the time, sav- of the money supply. The narrowest, Ml, encom- be adversely affected by delays in reports from bank ings, and foreign currency deposits of resident sectors passes currency held by the public and demand branches, especially in countries where branch other than the central government. This definition of deposits with banks. M2 includes Ml plus time and accounts are not computerized. Thus the data in the the money supply is frequently called M2; it corre- savings deposits with banks that require a notice for balance sheets of commercial banks may be based sponds to lines 34 and 35 in the International withdrawal. M3 includes M2 as well as various money on preliminary estimates subject to constant revision. Monetary Fund's (IMF) Intemational Financial market instruments, such as certificates of deposit This problem is likely to be even more serious for non- Statistics (IFS). The change in money supply is mea- issued by banks, bank deposits denominated in for- bank financial intermediaries. sured as the difference in end-of-year totals relative to eign currency, and deposits with financial institutions Controlling inflation is one of the primary goals of the level of M2 in the preceding year. * Claims on pri- other than banks. However defined, money is a liabil- monetary policy. Inflation is measured by the rate of vate sector (IFS line 32d) include gross credit from the ity of the banking system, distinguished from other change in a price index. Which index is used depends financial system to individuals, enterprises, nonfinan- bank liabilities by the special role it plays as a medium on which set of prices in the economy is being exam- cial public entities not included under net domestic of exchange, a unit of account, and a store of value. ined. The GDP deflator, the most general measure of credit, and financial institutions not included else- The banking system's assets include its net for- the overall price level, takes into account changes in where. * Claims on governments and other public eign assets and net domestic credit. Net domestic government costs, inventory appreciation, and invest- entities (IFS line 32an + 32b + 32bx + 32c) usually credit comprises credit to the private sector and ment expenditures. The GDP deflator reflects changes comprise direct credit for specific purposes such as credit extended to the nonfinancial public sector in in prices for all the final demand categories, such as financing of the government budget deficit, loans to the form of investments in short- and long-term gov- government consumption, capital formation, and inter- state enterprises, advances against future credit ernment securities and loans to state enterprises; national trade, as well as the main component, private authorizations, and purchases of treasury bills and public and private sector deposits with the banking final consumption. It is usually derived implicitly as the bonds. Public sector deposits with tne banking system system are netted out. DomestMc credit is the main ratio of current to constant price GDP. It may also be also include sinking funds for the service of debt and vehicle through which changes in the money supply calculated explicitly as a Laspeyres price index in which temporary deposits of government revenues. * GDP are regulated, with central bank lending to the gov- the weights are base period quantities of output. implicit deflator measures the average annual rate of ernment often playing the most important role. The Consumer price indexes are constructed explicitly, price change in the economy as a whole for the peri- central bank can regulate lending to the private sec- based on surveys of the cost of a defined basket of ods shown. The least-squares method is used to cal- tor in several ways-for example, by adjusting the consumer goods and services. Indexes of consumer culate the growth rate of the GDP deflator. cost of the refinancing facilities it provides to banks, prices should be interpreted with caution. The defini- * Consumer price index reflects changes in the cost by changing market interest rates through open mar- tion of a household and thegeographic (urban or rural) to the average consumer of acquiring a fixed basket of ket operations, or by controlling the availability of and income group coverage of consumer price sur- goods and services. The Laspeyres formula is gener- credit through changes in the reserve requirements veys can vary widely across countries. Moreover, the allyused. * Foodpriceindexisasubindexofthecon- imposed on banks and ceilings on the credit provided weights are derived from household expenditure sur- sumer price index. by banks to the private sector. veys, which for budgetary reasons tend to be con- Monetary accounts are derived from the balance ducted infrequently in developing countries, leadingto Datasouices sheets of financial institutions-the central bank, com- poor comparability over time. Consumer price indexes mercial banks, and nonbank financial intermediaries. should be distinguished from retail price indexes, The IMF collects data on the Although these balance sheets are usually reliable, they which are used in a few countries. Retail price indexes financial systems of its mem- are subject to errors of classification and valuation and are based on prices at retail outlets weighted by sales ber countries. The data in the differences in accounting practices. For example, turnover, so the weights may differ by country and table are published in whether interest income is recorded on an accrual or a over time. In addition, the basket of goods chosen the monthly International cash basis can make a substantial difference, as can varies by country. Although a useful indicator for mea- iFnancial Statistics and the the treatment ofnonperforming assets.Valuation errors suring consumer price inflation within a country, the .,. j annual International Financial typically arise with respect to foreign exchange transac- consumer price index is of less value in making com- . *'4.. Statistics Yearbook. The World tions. particularly in countries with flexible exchange parisons across countries. The food price index Bank receives data from the IMF in electronic files that rates or in those that have undergone a currency deval- should be interpreted with similar caution. may contain more recent revisions than the published sources. GOP data are from the World Bank's national accounts files. The discussion of monetary indicators draws from an IMF publication by Marcello Caiola, A Manual for Country Economists (1995). 1998 World Development ledicators 233 4.16 Balance of payments current account Goods and services Net income Net Current Gross current account international transfers balance reserves Exports Imr,ports $M mllions $ mli lions $ mill ons $ Ti ions $ mT nons$ millios 1980 1998 1980 1996 1980 1998 1980 1996 i98o 1998 1980 1996 Albania 378 373 371 1,111 4 72 6 559 16 -107 .. 323 Algeri a 14,128 13,960 12.311 .. -1,869 .. 301 .. 249 7,064 6,296 Angola -. 5,201 .. 3,017 .- -735 -. 245 .. -340 Argentina 9.897 27,032 13,182 27.905 -1,512 -3.591 23 334 -4.774 -4,130 9.297 19.719 Armenia .. 368 .. 888 .. 44 .. 185 -291 .. 168 Australia 25,752 7848 27,053 79,450 273 -1,01 -416 107 -4,450 -15,870 6,366 17,452 Austr ia 26,650 97,310 29.921 100,172 -528 -552 -66 -788 -3.865 -4,202 17,725 26,633 Azerbaijan ,. 757 .. 1.443 .. 60 ., 80 .. -666 .. 211 Bangladesh 885 4,508 2,545 7,614 14 -6 802 1,475 -844 -1.637 331 1,869 Belarus .. 6,017 .. 6,922 .. 65 .. 62 .. -909 .. 469 Belgium, 70,498 190.732 74,259 .1902 61 6,944 -1,231 -4,217 -4,931 14,387 27.974 22.610 Ben in 226 544 421 477 8 -41 151 149 -36 36 15 266 Bolivia 1.030 1,280 833 1.759 -263 -186 60 287 -6 -378 553 1,302 Bosnia and Herzegovina -. ... Botswana 645 2.610 818 2,023 -33 -32 55 -27 -151 342 344 5.098 Brazil 21,869 53.950 27.826 63,293 -7,018 -11,105 144 3,621 -12,830 -24,300 6.875 59.685 Bulgaria 9.302 6.081 7.994 5,813 -412 -395 58 104 954 -23 8. 64 Burkina Faso 210 360 577 483 -3 -29 322 255 -49 15 75 343 Burundi .. 50 .. 277 .. -9 .. 151 ..6 105 146 Cambodia .. 806 .. 1,294 .. 45 .. 235 . -298 .. 266 Cameroon 1,792 2,159 1,829 1,857 -628 -595 102 74 -564 -220 206 3 Canada 74,973 234,311 70.399 211,509 -10,764 -20,311 95 318 -6.095 2.608 15,462 21,562 Central African Republic 201 196 327 244 3 -23 81 83 -43 -25 62 232 Chad 71 308 79 411 -4 -7 24 191 12 -38 12 164 Chile 5,968 18.709 7,052 20,086 -1,000 -2,016 113 472 -1,971 -2,921 4.128 15,520 Chinat 23,637 171,680 18,900 154,127 451 -12,437 486 2.129 5,674 7,243 10.091- 111.728 Hong Kong, China .. . . . . . . . .. . 63.833 Colombia 5.328 14,516 5,454 16.878 -245 -2.925 165 532 -206 -4,754 6,474 9,690 Congo, Dem. Rep. 1,658 2,001 1,905 .. -496 .. 150 .. -593 .. 380 83 Congo, Rep. 1,021 1.584 1,025 2,133 -162 -455 -1 -30 -167 -1.034 93 91 Costa Rica 1,195 3.980 1,661 3,901 -212 -186 15 154 -664 -143 197 1.001 C6te dIlvoire 3.577 5,110 4.145 4,017 -553 -915 -706 -381 -1,626 -204 46 622 Croatia .. 8,008 .. 10.194 .. -45 ,, 779 ., -1.452 . 2.440 Czech Republic .. 29,874 .. 33,834 .. -722 .. 364 .. -4,299 .. 13,065 Denmark 21.989 64,359 21.72 7 56,166 -1.977 -4,447 -161 -1.826 -1,875 1,920 4.347 14.754 Dominican Republic 1.271 3,936 1,919 4.609 -277 -596 205 1,158 -720 -110 279 357 Ecuador 2,887 ,5,748 2,946 4,4463 -613 -1,282 , 30 ,290 -642 293 1.257 2,011 Egypt. Arab Rep. , 6,246 ,1,5,245 ,9,157 18,951 , -316 539 , 2.791 3,666 -138 499 2.480 18,296 El Salvador 1,214 2,202 1,170 3,673 -62 -87 52 1,389 34 -322 382 1,110 Eritrea .. 200 5 67 ,, -7 . 244 .. -131 Estonia .. 3,172 .. 3.730 .. 2 .. 109 .. -447 . 640 Ethiopia' 569 783 782 1,646 7 -44 80 446 -126 -461 262 733 Finland 16,802 47.815 17,307 38,277 -783 -3.651 -114 -1,098 -1.403 4,790 2,451 7,507 Franca 153,197 362,954 155.915 331,050 2,680 -5,095 -4,170 -6.297 -4,208 20.511 75,592 57,020 Gabon 2.409 3,398 1.475 1,848 -426 -770 -124 -198 384 100 115 249 Gambia, The 66 220 179 294 -2 -3 26 30 -87 -48 6 102 Georgia .. 479 . 798 .. -87 . 190 .. -216 Germany 224,224 604,077 225,599 576,283 914 -4,469 -12,858 -36.397 -13.319 -13,072 104,702 118,323 Ghana 1,210 1,728 1.178 2,393 -83 -140 81 482 30 -324 330 930 Greece 8.122 15,238 11,145 25.633 -273 -2.161 1.087 6,022 -2,209 -4,654 3.607 16.762 Guatemala 1,731 , 2,796 ,1,960 ,3,540 -4 -230 110 523 -163 -452 753 948 Guinea .. 761 . 948 .. -93 . 102 .. -177 ..87 Guinea-Bissau 17 23 75 80 -8 -16 -14 46 -80 -26 ..12 Haiti 306 192 481 782 -14 -10 89 463 -101 -138 27 115 Honduras 942 1.775 1.128 1,852 -152 -226 22 243 -317 -201 159 257 tData for Taiwan. China 21.495 126,126 22,361 121.082 48 2.814 -95 -2,202 -913 5.656 4,055 93.047 234 1998 World Development Indicators 4. 16 Goods and services Net income Net Curfent Gloss current account international transfers balance reserves Exports Imports $ millions $ millions $ millions $ millions $ millions $ millions 1980 1996 1980 1996 1980 1996 1980 1996 1990 1996 1980 1996 Hungary 9,671 19,188 9,152 20,342 -1,113 -1,456 63 921. -531 -1,689 9,832 I.nd.ia 11,265 43,855 17,378 53,087 356 -4,429 2,860 9,780 -2,897 -3,881 12,010 24,889 Indonesia 23,797 56,130 21,540._53,244.-3,073 -5,778 250. 839.-566 -7,023.. 6,803 19,396 Iran, Islamic Rep. 13,069 18,953 16,111 15,1-13 606 -4 78 -.2 -4 -2,438 3,358 12,783. Ira q. . . ..7 .. . .. . . . Ireland 9,610 54,063 12,044 46,566 -902 -8,279 1,204 2,184 -2,132 1,402 3,071 8,338 Israel 8,668 28,421 11,511 38,566 -757 -2,491 2,729. 6,338 -871 -6,298 4,055.11,418 Italy 97,298 320,752 110,265 257,467 1,278 -14.967 1.101 -7,280 -10,587 41,040 62,428 70,566 Jamaica 1,363 3,275 1,408 3,640 -212 -320 121 535 -16 -245 105 .. 880 Japan .146,980 468,002 156,970 446,679 770 53,553 -1,530 -8,993 -10,750 65,884 38,919 225.594 Jordan 1,181 3,663 .247 5,420 36 -282 1,481 1,834 281 -.0 ,4 ,5 ..206.1,745..... .. 2,055 Kazakhstan . 6,966 . .. 7,546 . -222 . 50 . -752 . . 1,961 Kenya 2,007 3.027 2,846 3,441 -194 -221 157 561 -876 -7 539 776 Korea, Dem. Rp.. Korea, Rep. 21,924 155,110 25,687 175,763 -2,102 -2,526 592 119 -5,273 -23,060 3,101 34.158 Kuwait 21,857 16,309 9.823 12,769 4,847 4,916 -1,580 -1,683 15,302 6,773 5,425 4,452 Kyrgyz Republic .. 548. .. ... .950. . ..: -80...-78-404 'i.. ...5,229 Lao PDR .. 457 . 660 . -6 . 106 . -106 . 176 Latvia .. 2,628 . 3.171 . 41 . 87 . -415 . 746 Lebanon . 1,413 . 7,596 ... 290 . 2,550 . -3,343 7,025 9,337 Lesotho 90 205 475 874 266 330 175 471 56 108 50 461 Libya 22,084 . .12.671 . -65 .. -1,134 . 8,214 2,550 14,905 Lithuania . 4,211 . 4,986 . . -91 . 144 . 73.. 841 Macedonia, FYRI. ,302 . 1,8-16 -84 . 236 . 28. 268 Madagascar . 516 803 1,075 1,002 -44 -163 47 210 -556 -153 9 241 Malawi 313 469 487 873 -149 -86 63 124 -260 -450 76 230 Malaysia 14.098 91,387 13,526 86,595 -836 -4,236 -2 148 -266 -7,362.5,755 27,892 Mali 263 535 520 746 -17 -36 150 23-1 -124 -164 26 438 Mauritania 253 550 449 5-10 -27 -48 90 76 -133 22 146 145 Mauritius 574 2,701 690 2,767 -23 -40 22 123 -117 17 113 919 Mexico 22,622 106,900 27,601 100,288 -6,277 -13,067 834 4.531 -10,420 -1,923 4,175 19,527 Moldova . 906 1,238 . -27 59 . -300 . 314 Mongolia 475 481 .1,272 52-1 -11 -25 0 77 -808 39 .7. 161 Morocco 3,233 9,247 5,207 10,980 -562.-1,399 1,130 2,416 -1,407 -627 814 4,054 Mozambique 399 480 844 1,055 22 -140 56 339 -367 -445 . 344 Myanmar.539 1,120 806 -1,669 -48 -11 9 478 -222 -1 73 409 315 Namibia . 1,591 1,868 . 97 263 . 84 ..: 194 Nepal 224 1,003 365 113.33136 4 -93 -56 272 628 Netherlands 90,380 224,733 91,622.20137~ 1,535 3,644 -1,148 -6,647 -855 20,414 37,549 39,607 New Zealand 6,403 18,876 6,934 18,712 -538 -4,665 96 553 -973 -3,948 365 5,953 Nicaragua 495 807 907 1,299 -124 -300 124 357 -411 -435 75 203 Niger 617 315 956 457 -33 -47 97 31 -276 -152 132 83 Nigeria 2071.14,743 20,014 9,836 -1,304 -2,639 -576 824 5,178 3,092 10,640 432 Norway .27264 63,870 23,749 49,509 -1,922 -1,638 -515 -1,488 1,079 11,246 6,746 26,954 Oman 3,757 7,352 2,298 5,423 -257 -56 -260 -1,659 942 -265 704 1,497 Pakistan 2,958 10,317 5,709 15,174 -281 -1,956 2,163 2,695 -869 -4,208 1,568 1,307 Panama 3,422 7,426 3,394 7,530 -397 -18 40 12 -2 6 1 6 Papua New Guinea 1,029 2,966 1,322 2,260 -179 -465 184 72 -289 313 458 607 Paraguay 701 3,936 1,314 4,951 -4 306 0.3 42 -618 -668 783 882 Peru 4.631 7,268 3,970 9,947 -909 -1,575 147 647 -101 -3,607 2,804 10,990 Philippines 7,235 34,330 9,166 33,317 -420 3,662 47 880 -1,904 -1,980 3,978 11747 Poland 16,061 37,390 17,842 41.273 -2,357 -1,075 721 1,694 -3,417 -3,264 574 18,019 Puerto Rico . . . .. * . .. Romania 12,087.9.648 13,730 12,593 -777 -309 0 593 -2,420 -2,571 2,511 3,143 Russian Federation . 102,450 .. 86.001 . -5,213 . 164 .. 11,399 .. 16,258 1998 World Development Indicators 235 W ~4.16 Goods and services Net income Net Current Gross current account international transfers balance reserves Exports Im ports $millions $ millions $millions $ millions $ millions $" mil n 1980 1996 1980 ±.996 1 980 1996 1980 1996 1980 1996 1980 1996 Rwanda 165 86 319 363 2 -13 104 291 -48 1 187 155 Saudi Arabia 106.765 60,22.1 55,793 47.407 526 3,214 -9,995 -15,813 41,503 215 26,129 8,491 Senegal 807 1.588 1,215 1,821 -98 T-168 .120. 382 -386 -58 2 5 299 Sierra Leone 275 Il1 471 296 -22 -56 53 47 -165 -89 31 27 Singapore 24,285 156,052 25,312 142,461 -429 1.702 -106 -1,010 -1,563 14,283 6,567 76,847 Slovak Republic .. 10,889 .. 13,134 :7 -47 .. 201 ..-2,090 .. 3,895 Slovenia .. 10.497 .. 10.674 155 . 6 2 . 3 9 .. 2,297 South Africa 28,627 33,309 22,073 32.716 -3,285 -2,552 239 -74 3,508 -2.033 7.888 2,341 Spain 32,140 146,404 38,004 141,304 -1.362 -5,928 1.646 2.584 -5,580 1,756 20,474 63.699 Sri Lanka 1,293 4,861 2,197 6,074 -26 -203 274 764 -655 -653 283 1,985 Sudan 810 609 1,597 1,341 -70 -868 293 143 -564.1 -1,457 49 107 Sweden 38,151 101.620 39,878 84.809 -1,380 -8,303 -1,224 -2,61 6 -4,331 5,892 6,996 20,843 Switzerland 48,595 121,738 51,843 109,064 4,186 11,597 -1,140 -3,801 -201 20.470 64,748 69,183 Syrian Arab Republic 2,477 6,131 4.531 6,071 785 -399 1,520 624 251 285 828 Tajikistan .. 772 .. 808 -68 .. 20 .. -84 Tanzania 673 1,363 1,221 2,183 -14 -124 22 20 -540 -924 20 440 Thailand 7,939 71.416 9,996 83,482 -229 -3,385 210 760 -2,076 -14,690 3,026 38,645 Togo 550 490 691 444 -40 -45 86 30 -95 -57 85 93 Trinidad and Tobago 3,139 2,900.2.434 2,110 -306 .-30 -42 -4 357 294 2,813 564 Tunisia 3,262 8,151 3,766 8,582 -259 -965 410 860 -353 -536 700 1.689 Turkey.3,621.45,354 8,082.8,331 ,-1,118 -2.920 2.171 4,447 -3,408 -1,450 3,298 17,819 Turkmenistan 1,691 1.532 .. 4 .. 43 Uganda 329 726 441 1.601 -7 -46 -2 421 -!21 -500 3 528 Ukraine 20,346 21,468 -572 .. 509 ..-1,185 .. 1,972 United Arab Emirates . .. . .. 2.355 8.350 United Kingdom 146,072 339,301 134,200 347,532 -418 15,027 -4,592 -7,247 6.862 -451 31,755 46,700 United States 271,800 848,664 290,730 956,004 29,580 -897 -8.500 -40,489 2,150-148,726 171,413 160,660 Uruguay 1,526 3.799 2,144 3.962 -100 -206 9 74 -709 -296 2,401 1,892 Uzbekistan 4,161 . . 5,175 -69 . 8 ..-1.075 Venezuela 19,968 25,258 15,130 14,837. . .9 -1,735 -439 138 4.728 8,824 13,360 16.020 Vietnam 9,695 12,870 -505 .. 1,045 ..-2.636 .. 1,324 West Bank and Gaza . . . Yemen, Rep. 2,409 3.044 -617 .. 1,182 .. -70 .. 1,036 Yugoslavia, FR (Serb./Mont.) .. . . . . Zambia 1,609 1,296 1,765 -205 -155 .. -516 .. 206 163 Zimbabwe 1,610 3,092 1,730 2,515 -61 -294 31 40 -149 -425 419 834 WE'T"9M P '11-YIT Low income 80,994 308,987 110,030 340,761....... Exi hna & India 68,382 93.703 83.939. .1.013 . Middle i'n"come 640,017 1,309,634 575,683 1,365,247 Lw & middle income 633.124 1.623,10 671,73 .9,6 East Asia& .......Pacific.... 7",2"8"4 447,383 85.129 422.216 Europe ....Ceta Asi.. Latin America & Carib. 121.191 320.894 142,086 316,469 Middle East & N. Africa 205,272 .169,488 ...148.981 160.504 .. . ... ... ... Higtb income - .. i'Ia a. Inclodes Luxembourg. b, Data prior to 1992 include Eritresi. c. Data prior no 1990 refer no the Federal Republic of Germany before uflificatnon. 236 1998 World Development Indicators swLLYAHl 4.16 The balance of payments is divided into two groups of _ * Exports and imports of goods and services com- accounts. The current account refers to goods and prise all transactions between residents of a country services, income, and current transfers. The capital Current account balances for the three and the rest of the world involving a change in owner- and financial account refers to capital transfers, the biggest traders ship of general merchandise, goods sent for pro- acquisition or disposal of nonproduced, nonfinancial $ billions cessing and repairs, nonmonetary gold, and services. assets, and financial assets and liabilities. This table Germany * Net income refers to employee compensation paid presents data from the current account with the addi- ?n to nonresident workers and investment income tion of gross international reserves from the capital (receipts and payments on direct investment, portfo- and financial account. . lio investment, other investments, and receipts on The balance of payments is a double-entry account- reserve assets). Income derived from the use of intan- ing system that shows all flows of goods and services . . gible assets is recorded under business services. into and out of a country; all transfers that are the I - * Net current transfers are recorded in the balance counterpart of real resources or financial claims pro- 1 | | 1 l1 l l of payments whenever an economy provides or vided to or by the rest of the world without a quid pro receives goods, services, income, or financial items quo, such as donations and grants; and all changes in 1980 1984 1988 1992 1996 without a quid pro quo. All transfers not considered to residents' claims on, and liabilities to, nonresidents be capital are current. * Current account balance is Japan that arise from economic transactions. All transactions the sum of net exports of goods and services, are recorded twice-once as a credit and once as a income, and current transfers. * Gross international debit. In principle the net balance should be zero, but reserves comprise holdings of monetary gold, special in practice the accounts often do not balance. In these ;" drawing rights, reserves of IMF members held by the cases a balancing item, net errors and omissions, is r IMF, and holdings of foreign exchange under the con- included in the capital and financial account. | ltrol of monetary authorities. The gold component of Discrepancies may arise in the balance of pay- these reserves is valued at year-end (December 31) ments because there is no single source for balance ' * London prices ($589.50 an ounce in 1980 and of payments data and therefore no way to ensure that .. $369.25 an ounce in 1996). the data are fully consistent. Sources include cus- 1980 1984 1988 1992 1996 toms data, monetary accounts of the banking system, Unlted States Data sources external debt records, information provided by enter- a? prises, surveys to estimate service transactions, and . g | . More information about the foreign exchange records. Differences in collection I | | | I | | design and compilation of the methods-such as in timing, definitions of residence I I I I I balance of payments can be and ownership, and the exchange rate used to value |||||, foundi in the IMF's Balance of transactions-contribute to net errors and omissions. | l Payments Manual, fifth edi- In addition, smuggling and other illegal or quasi-legal tion (1993), Balance of transactions may be unrecorded or misrecorded. . Payments Textbook (1996a), The concepts and definitions underlying the data -:' and Balance of Payments 1980 1984 1988 1992 1996 here are based on the fifth edition of the International Compilation Guide (1995). The data come from the Monetary Fund's (IMF) Balance of Payments Manual Source: Intemational MonetaryFund, balance of IMF's balance of payments database, Balance of payments data files. (1993). The fifth edition redefined as capital transfers Payments Statistics, and Intemational Financial some transactions previously included in the current The United States has run deficits and Japan and Statistics (IFS). The World Bank exchanges data with account, such as debt forgiveness, migrants' capital oerma ohave. unosurpl o eourses efhIbr t oteater the MF through electronic files that in most cases are transfers, and foreign aid to acquire capital goods. wariabhIlty In tnelr cufrent account balances, wshich more timely and cover a longer period than the pub- respond to changes In demand and the terms of Thus the current account balance now reflects more trade. lished sources. The IFS is also available on CD-ROM. accurately net current transfer receipts in addition to transactions in goods, services (previously nonfactor services), and income (previously factor income). Many countries maintain their data collection systems according to the fourth edition. Where necessary, the IMF converts data reported in earlier systems to con- form with the fifth edition (see Primary data docu- mentation). Values are in U.S. dollars converted at market exchange rates. 1998 World Development Indicators 237 ydEE* 4.17.External debt Total Long-term Public and publicly Private Use of IMF external debt guaranteed debt noniguaranteed credit debt external debt IBRD loans ann Total IDA credits $ millions $ millions $ millions $ r [lions $ millions $ mnillions 1980 .1996 1980 199e 1980 ±.996 ±980 1996 1980 1996 1.980 1.996 Albania .. 781 .. 673 673 .. 137 ..0 .54 Algeria 19,365 33,260 17,040 30,808 17,040 30,808 253 1,939 0 0 0 2,031 Angola ..10.612 .. 9,400 . . 9,400 0 115 ..0 ..0 Argentina 27,157 93,841 16,774 75,348 10,181 62,392 404 5,372 6,593 12,956 0 6.293 Armenia . 552 . 434 .. 434 .. 184 ..0 . 117 Azerbaijan . 435 .. 245 .. 245 .. 64 .0 . 175 Bangladesh 4,230 16,083 3,594 15,403 3,594 15,403 981 5,759 0 0 424 517 Belarus. 1.071 .. 695 .. 665 .. 121 . 30 .. 274 Benin 424 1.594 334 1,449 334 1,449 52 520 0 0 16 99 Bolivi a 2,702 5,174 2,274 4,523 2,162 4,236 239 904 92 265 126 276 Bosnia and Herzegovina .. . . . . . . . .. .45 Botswana 147 613 143 607 143 607 66 80 0 0 0 0 Brazil 71,520 179,047 57,961 143,541 41,375 94,567 2,035 5.876 16,605 46,953 0 68 Bulgaria *. 9,619 8,348,3 453 .. 196 .. 586 Burkina Faso 330 1.294 261 1,160 281 1,160 77 636 0 0 15 81 Burundi 166 1,127 118 1,081 118 1,081 37 588 0 0 36 38 Cambodia .. 2.111 .. 2,023 .. 2,023 0 108 ..0 0 69 Cameroon 2,588 9.515 2,251 8,184 2,073 8,001 298 1.033 178 183 59 72 C a n a d a .. .. ~~~~~~~~~~~~~~~. .. .. . . . . . .. .... ..... Central African Republic 195 928 147 844 147 844 29 422 0 0 24 28 Chad 284 997 259 914 259 914 36 433 0 0 14 65 Chile 12.081 27.411 9,399 20,421 .4.705 4,890 184 1,103 4.693 15,531 123 0 China 4,504 128,817 4,504 103,410 4,504 102,260 0 15.195 0 1,150 0 0 Hong Kong, China . .. . . . . . . Colombia 6.941 28.859 4,604 22,975 4,089 14,814 1.012 2.187 515 8.162 0 0 Congo, Dem. Rep. 4.770 12,826 4,071 9,262 4,071 9,262 246 1.370 0 0 373 433 Congo, Rep. 1.526 5,240 1,257 4,665 1,257 4,665 61 253 0 0 22 38 Costa Rica 2,744 3,454 2,112 3,062 1.700 2,889 183 248 412 13 57 1 C6te dIlvoire 7.462 19,713 6,3 14,720 4,327 11,367 314 2,323 2,012 3,353 65 503 Croatia .. 4,634 .. 3,960 .. 3,101 .. 195 .. 859 .. 209 Czech Republic -.20,094 .. 14,145 .. 12,017 .. 435 .. 2,128 ..0 Denmark . .. . . . . Dominican Republic 2.002 4,310 1,473 3,520 1,220 3,515 83 261 254 5 49 96 Ecuador 5.997 1449 4,422 12.755.3.3900 12,435 146 1,005 1,122 320 0 145 Egypt, Arab Rep. 19,131 31,407.14,693 29,045 14,428 28,918 728 2,165 265 127 411 16 El Salvador 911 2,894 659 2,298 499 2,297 114 302 161 2 32 0 Eritreea. 46 .. 46 .. 46 .. 27 ..0 ..0 Estonia .. 405 . 220 . 217 .. 62 .4 ..78 Ethiopia' 624 10,077 688 9,483 688 9,483 304 1,555 0 0 79 92 France . .. .. . . .. Gabon 1,514 4,213 1,272 3874 1.272 384 19 92 0 0 15 120 Gambia, The 137 452 97 412 97 412 16 166 0 0 16 18 Georgia . .1,356 1,100 .. 1.100 .. 157 ..0 .. 192 Germany . .. . . . . . . Ghana 1,398 6,202 1,162 4,955 1.152 4.684 213 2,574 10 271 105 543 Greece . .. .. . . .. Guatemala 1,166 3,785 831 2,887 549 2.766 144 200 282 121 0 0 Guinea 1,133 3,240 1.019 2,981 1.019 2.981 87 863 0 0 35 82 Guinea-Bissau 140 937 133 856 133 856 5 2'16 0 0 1 8 Haiti 303 897 242 836 242 836 66 442 0 0 46 25 Honduras 1.473 4,453 1,168 3,981 976 3,855 216 774 191 126 33 58 238 1998 World Development Indicators 4.17 Total Long-term Public and publicly Private Use of IMF external debt guaranteed debt nonguaranteed credit debt external debrt IBRD loans and Total IDA credits tmillions $ millions $ millions $ millions $ millions $ millions 1980 1996 1980 1996 1980 1996 1980 1996 1980 1996 1980 1996 Hungary 9,764 26,958 6,416 23,428 6,416 18,423 0 1,650 0 5,005 0 171 India 20,58-1 89,827 18,333 81,788 17,997 74.406 5,969 26,384 336 7,382 977 1,313 Indonesia 20,938 129,033 18,163 96,803 15,021 60,108 1,606 11,874 3,142 36,694 0 0 Iran, Islamic Rep. 4,500 21,183 4,500 16,153 4,500 15,917 62 . 87 0 . 236 o . Irean. Jamaica 1,913 4,041 1,505 3,306 1,30 3.183 .. . 176 515 75 123 309 161 Jordan 1,971 8,118 1,486.7,182 1,486 7,137 102 844 0 45 0 340 Kazakhstan .. 2,920 .. 2,147 . 1,932 .. 490 -. 215 . 552 Kenya 3,8 ,9 ,8 ,2 ,52.5.647 528 2,375 437 375 254 337 Koree, Oem. Rep ~~~ ~~ ~ ~~ ~~ ~~~.. .. .... ... -I................. .......... .. Korea, Dm Rep. Kyrgyz Republic .. 789 . 640 . 640 .. 197 . . 140 Lao PDR 350 2,263 333 2,186 .333 2,186 6 335 0 0 16 67 Latvia .. 472 .. 298 . 298 .. 75 .0 .. 130 Lebanon...... .... 510 3,996 216 2,343 216 1.933 27 132 0... .. 410 0 0 Lesotho 72 654 58 612 58 612 24 216 0 0 6 34 Libya.. .... Lithuania . 1,286 . 856 . 792 . 101 64 273 Macedonia, FYR .. 1,659 .. 1,387 . 863 .. 203 .. 524 ..68 Madagascar 1,249 4,175 919 3,589 919 3.589 152 1,153 0 0 87 73 Malawi 831 2,312 635 2,092 635 2.092 156 1,388 0. ... 0 .. 80 119 Malaysia 6,611 39,777 5,256 28,709 4,008 15.701 504 907 1,248 13,008 0 0 Mali 727 3,020 664 2,776 664 2,77 121 915 0 0 39 165 Mauritania 843 2,363 717 2,073 717 2.073 38 368 0 0 62 107 Mauritius 467 1,818 318 1,399 294 1,153 55 140 24 246 102 0 Mexico 57,378 157,125 41,21 1378 395 9348 203 12,568.7,300 2340 132 . Moldova .. 834 . 560 . 560 .. 142 ..0 . 248 Mongolia .. 524 .. 474 474 .. 68 .0 ..... .... 44 Morocco 9,247 21,767 8,013 21,165 7,863 20.774.... 578 3,764 150 392 457 .... 3 Mozambique . 5,842 . 5,475 . 5,433 0 1,076 . 43 .0 181 Myanmar 1,500 5,84. 1,390 4,804 1,390 4.804 146 742 . 0 106 0 Namibia ... . .. . .. 0 Nepal 205 2,414 156 2,349 156 2,349 76 1,049 0 0 42 39 Netherlands .......... New Zealand Nicaragua 2,189 5,929 1,668 5,122 1,668 5,122 135 379 0 0 49 29 Niger 863 1,557 687 1,460 383 1,350 66 609 305 110 16 53 Nigeria 8,921 31,407 5,368 25,731 4,271 25,431 554 3,110 1,097 300 0 0 Norway . . . . . . . Oman 599 3,415 436 2,649 436 2,646 14 19 0 3 0 0 Pakistan 9,931 29,901 8,520 25,690 8,502 23,694 1,151 6,486 18 1 .9 674 1,396 Panama 2,975 6,990 2,271 .5211 2,271 5,136 133 199 0 75 23 131 Papua New uinea . 719 2,359 624 227 486 1,522 110 375 139 752 31 51 Paraguay 955 2,141 780 1,398 630 1,377 124 172 151 21 0 0 Peru 9.386 29,176 6,828 21,793 6,218 20,415 359 1,633 610 1,378 474 924 Philippines 17,417 41,214 8,817 32,839 6,363 27,937 960 4,859 2,454 4,902 1,044 405 Poland 40,895 .. 40,819 . 39,217 0 2,175..602.... Portugal . . . .. .. Puerto.Rico : : Romania 9,762 8,21 .7131 6.825 7,131 6,456 807 1,009 0 369 328 651 Rusaian Federation ..124,785 ..100.463 . 100,463 0 2.509 ..0 0 12,508 1998 World Development Indicators 239 4.17 Total Long-term Public and publicly Private Use of IMF external debt guaranteed debt nonguaranteed credit debt external debt 8BRD oars ana Tota IDA credits $ millions $ mni[lions $ millions $ -n ions $ millions $ illions 1980 1996 1980 1996 1980 1996 1980 1996 1980 1996 1980 1996 Rwanda 190 1.034 150 977 150 977 58 536 0 0 14 24 Saudi Arabia.. ...... . Senegal 1,473 3,663 1,114 3.142 1,105 3,103 156 1,217 9 39 140 326 Sierra Leone 469 1.167 357 892 357 892 43 260 0 0 -59 171 Singapore . .. . . . . . . Slovak Republic .. 7,70 4.. 4.437 .. 3,891 0 250 .. 546 0 319 Slovenia .. 4.031 .. 3,972 .. 2,038 0 155 .. 1,935 0 1 South Africa .. 23.590 .. 13.907 . 10,348 0 0 .. 3,559 0 884 Sri Lanka 1,841 7.995 1,231 6,898 1,227 6,818 129 1~556 3 80 391 531 Sudan 5,177 16.972 4.147 9.865 3,822 9,369 236 1~250 325 496 431 893 Sweden . . . . . . . Switzerland... ..... .... Syrian Arab Republic 3,552 21.420 2,921 16,698 2,921 16,698 257 426 0 0 0 0 Tajikistan 707 .. 672 .. 672 .. 30 .0 .22 Tanzania 2,452 7.412 1,963 6,149 1,879 6,104 440 2.298 84 45 171 206 Thailand 8,297 90,824 5,646 53,210 3,943 17.039 703 1.707 1,703 35,171 348 0 Togo.1,049 1.463 8961 1,285 896 1,285 47 576 0 0 33 90 Trinidad and Tobago 829 2,242 713 .1,949 73 1,871 57 79 0 78 0 24 Tunisia 3,526 9,887 3,390 8.877 3,210 8,689 337 1.657 180 188 0 237 Turkey.19,131 79.789 15.575 58,591 15,040 48,172 1,347 4.385 535 10,419 1.054 662 Turkmenistan 825 . 538 .. 538 .. 3 .0 ..0 Uganda 689 3,674 537 3.151 537 3,151 47 1.849 0 0 89 417 Ukraine 9.335 .. 6,629 .. 6,451 .. 859 .. 178 .. 2.262 United Arab Emirates.. . . . . . . United Kingdom United States . . . . . . . Uruguay ...60 5 *99 1,338 4,232 1,127 4,097 72 446 211 135 0 9 Uzbekistan 2,319 .. 1,990 .. 1,990 .. 155 ..0 .. 238 Venezuela 29,345 35.344. . .795 30,266 10,614 28,452 133 1.408 3.181 1,814 0 2.196 Vietnam 26,764 .. 22.344 .. 22,344 2 412 ..0 0 539 West.Bank and Gaza . . . . . . . Yemen, Rep. 1,684 6,356 1,453 5,622 1,453 5,622 137 893 0 0 48 121 Yugoslavia. FR lSerb./Mont:j 848 349C. 556 129 4,581 8,480 1,359 1.178 11.005 2,759 760 81 Zambia 3,261 7.113 2,227 5.323 2,141 5.307 348 1.510 87 16 447 1,198 Zimbabwe 786 5.005 696 3.766 696 3,338 3 848 0 428 0 437 Low income 106,308 537,017 87,607 451,688 82,516 435,298 14,028 97.656 5,091 16,392 5,803 13.097 Endl. China & India 81,223 318,374 64,770 266,490 60,015 258,631 8,060 56.077 4,755 7,860 4.826 11,784 Middle income C497,014 1,558,411 357,693 1,198,409 294,517 961,800 18,179 82,958 63,1'76 236,609 5,761 47.010 Lower middle income 251,877 881,547 191,656 685,473 165.166 578,201 11,413 50,277 26,491 107,273 5.516 25.626 Upper middle income 245,137 676,863 166,037 512,935 129.351 383,599 6,766 32,662 36,686 129,336 245 21,384 Low & middle income 603.321 2,095.428 445,300 1,650,097 377.032 1,397,096 32.208 180.615 68,268 253,000 11,564 60,107 East Asia & Pacific 64,600 477,219 48,438 356,170 39,688 263,394 4,077 36.704 8.751 92,776 1,551 1,175 Europe & Central Asia C75,503 370,172 56.283 297,042 44.743 270,109 3,513 18.070 11,540 26,933 2,143 20,053 Latin America & Carib. 257,263 656,388 187,253 517,632 144.795 406,990 8,134 36,400 42,458 110,642 1,413 23,892 Middle East & N. Africa 83,793 212,389 61,734 162,197 61.139 158.468 3,053 12.226 595 3,729 916 2,748 Sooth Asia 38,015 152,098 33,053 137,971 32.696 128,513 8,306 41,295 357 9,458 2,508 3,795 Sub-Saharan Africa 84,148 227,163 58,539 179,085 53.973 169.621 5,125 35.921 4,567 9,463 3.033 8,445 High incoern .. .. .. ... a. Oats prior to 1992 include Eritrea. b. Duts refer no tte former Yugoslav a. c. Includes duos for G bra tar not included in other tables. 240 1998 World Denelopment indicators F = =~~~~~~~~~~FI Data on the external debt of low- and middle-income * Total external debt is debt owed to nonresidents economies are gathered by the World Bank through its repayable in foreign currency, goods, or services. Debtor Reporting System. World Bank staff calculate Total external debt is the sum of public, publicly guar- the indebtedness of developing countries using loan-by- anteed. and private nonguaranteed long-term debt, loan reports submitted by these countries on long-term use of IMF credit, and short-term debt. Short-term public and publicly guaranteed borrowing, along with debt includes all debt having an original maturity of information on short-term debt collected by the coun- one year or less and interest in arrears on long-term tries or from creditors through the reporting systems of debt. * Long-term debt is debt that has an original or the Bank for International Settlements and the extended maturity of more than one year. It has three Organisation for Economic Co-operation and components: public, publicly guaranteed, and private Development (OECD). These data are supplemented by nonguaranteed debt. * Public and publicly guaran- information on loans and credits from major multilateral teed debt comprises long-term external obligations of banks and loan statements from official lending agen- public debtors, including the national government, cies in major creditor countries and by estimates from political subdivisions (or an agency of either), and World Bank country economists and International autonomous public bodies, and external obligations Monetary Fund (IMF) desk officers. In addition, some of private debtors that are guaranteed for repayment countries provide data on private nonguaranteed debt. by a public entity. * IBRD loans and IDA credits are In 1996, 34 countries reported their private nonguar- extended by the World Bank Group. The International anteed debt to the World Bank; estimates were made Bank for Reconstruction and Development (IBRD) for 28 additional countries known to have significant pri- lends at market rates. Credits from the International vate debt. Forestimates oftotalfinancial flowsto devel- Development Association (IDA) are at concessional oping countries see table 6.8. rates. * Private nonguaranteed external debt com- Despite an ongoingeffortto standardize the report- prises long-term external obligations of private ing of external debt (see, for example, International debtors that are not guaranteed for repayment by a Working Group of External Debt Compilers 1987), the public entity. * Use of IMF credit denotes repurchase coverage, quality, and timeliness of debt data vary obligations to the IMF for all uses of IMF resources across countries. Coverage varies for both debt instru- (excluding those resulting from drawings on the ments and borrowers. With a widening spectrum of reserve tranche). These obligations, shown for the debt instruments and investors and the expansion of end of the year specified, comprise purchases out- private nonguaranteed borrowing, comprehensive cov- standing under the credit tranches, including enlarged erage of long-term external debt becomes more com- access resources, and all special facilities (the buffer plex. Reporting countries differ in their ability to stock, compensatory financing, extended fund, and monitor debt, especially private nonguaranteed debt. oil facilities), trust fund loans, and operations under Even public and publicly guaranteed debt is affected the structural adjustment and enhanced structural by coverage and accuracy in reporting-again, adjustment facilities. because of monitoring capacity and, sometimes, will- ingness to provide information. A key part that is often Data sources underreported is military debt. Variations in reporting rescheduled debt also affect The main sources of external cross-country comparability. For example, rescheduling (uI,,al debt information are reports underthe auspices ofthe Paris Club of official creditors Dr'eIel qp' I I'!I to the World Bank through its may be subject to lags between the completion of the [ F ilil 't Debtor Reporting System general rescheduling agreement and the completion of from member countries that the specific, bilateral agreements that define the terms t have received IBRD loans or of the rescheduled debt. The World Bank estimates the - IDA credits. Additional infor- effects of the general agreements and then revises the A - K mation has been drawn from data when countries report their bilateral agreements. the files of the World Bank and the IMF. Summary Other areas of inconsistency include country differences tables of the external debt of developing countries are in treatment of arrears, reporting of debt owed to the published annually in the World Bank's Global Russian Federation, and treatment of nonresident Development Finance and Global Development national deposits denominated in foreign currency. Finance CD-ROM. 199S World Development Indicators 241 4.18 External debt management Present value of Total debt service Public and Short-term debt publicly debt guaranteed debt service % of % of exports of exports of % of centra½ 0cof goods and of goods and government % of GNP services GNP services current revenue tocal dent 1996 1996 1.980 1996 1980 1996 I1980 1996 1980 1996 Albania 32 101 .. 1.2 .3.5 ... .7.0 Algeria 71 228 9.9 9.7 27.4 27.7 ... 12.0 1.3 Angola 310 219 .. 20.1 .. 13.3 ... 0.0 11.4 Argentina 31 323 5.5 4.8 37.3 44.2 6.1 .. 38.2 13.0 Armenia 27 114 .. 3.0 .. 10.7 ...0.3 Australia . .. .. Azerbaijan 10 .45 .. 0.3 ..1.3 ...3.6 Bangladesh 30 166 2.1 2.2 23.7 11.7 7.9 .. 5.0 1.0 Belarus 4 21 .. 0.6 ..2.0 ....9.5 Belgium . .. .. Benin 57 - 2150 1.4 2.0 6.3 6.8 ... 17.3 2.9 Bolivia 570- 2700 12.6 6.5 35.0 30.9 .. 23.9 11.2 7.2 Bosnia and Herzegovina 53 408 . .. Botswana 11 17 1.6 3.1 2.1 4.9 4.2 .. 2.7 1.0 Brazil 26 292 6.5 3.4 63.3 41.1 16.3 .. 18.9 19.8 Bulgaria 89 151 0.2 14.1 0.5 20.65. 29.2 0.0 9.2 Burkina Faso 310 2410 1.3 1.9 5.9 10.8 8.4 .. 10.6 4.1 Burundi .47 538 0.9 2.7 .. 54.6 4.8 13.8 7.2 0.7 Cambodia 54 191 .. 0.3 .. 1.2 ... 14.3 0.9 Cameroon 106 399 4.6 6.3 15.3 23.6 17.0 .. 10.7 13.2 Canada......... Central African Republic 51 242 1.3 1.2 4.9 6.3 . . 12.6 6.0 Chad 51 181 0.8 2.7 8.3 9.5 ... 4.0 1.8 Chile 48 166 10.2 8.7 43.1 32.3 15.6 21.7 21.2 25.5 China 17 76 0.5 2.0 ..8.7 ...0.0 19.7 Hong Kong, China. Colombia 40 206 2.9 6.6 16.0 34.6 13.2 .. 33.7 20.4 Congo, Dem. Rep. 127 693 3.8 0.8 2.4 29.2 .. 6.8 24.4 Congo, Rep. 260 342 7.1 18.0 10.6 21.3 11.7 .. 16.2 10.2 Costa Rica 37 83 7.7 6.5 29.1 14.1 23.9 .. 21.0 10.8 C6te dIlvoire 1710 2990 14.6 13.8 38.7 26.2 37.4 .. 14.2 22.8 Croatia 24 58 . 2.4 ..5.5 ..2.9 .. 10.0 Czech Republic 42 70 1.6 4.8 .. 8.3 .. 10.0 100.0 29.6 Denmark . .. .. .. Dominican Republic 33 108 5.9 3.5 25.3 11.4 16.3 .. 24.0 16.1 Ecuador 78 246 9.0 7.4 33.9 22.6 37.2 .. 26.3 11.0 Egypt, Arab Rep. 35 117 5.8 3.4 13.4 11.6 ... 21.1 7.5 El Salvador 26 78 2.7 3.0 7.5 9.5 10.3 23.6 24.1 20.6 Eritrea 3 6 ... .0.0 ... .0l Estonia 9 14 .. 1.0 .1.3 .1.4 .. 26.4 Ethiopia' 149 1.093 .. 5.8 7.6 42.2 4.6 .. 6.9 5.0 France . .. .. .. Gabon .86 123 11.2 .7.8 17.7 11.1 26.2 .. 15.1 5.2 Gambia, The 64 113 1.9 .. 6.3 12.7 1.4 .. 17.0 5.0 Georgia 26 209 .. 0.3 ... .. .4.7 Germany . .. .. .. Ghana 560 2080 3.6 7.6 13.1 26.4 10.0 .. 9.4 11.4 Greece . .. .. .. Guatemala 23 110 1.8 2.3 7.9 11.0 6.0 .. 28.7 23.7 Guinea 61 298 .. 3.0 .. 14.7 ...7.0 5.5 Guinea-Bissau 248 2,312 4.5 4.2 .. 48.7 ... 3.7 7.8 Haiti 20 297 1.8 1.0 6.2 13.8 13.2 .. 4.6 4.0 Honduras 92 200 8.5 14.1 21.4 28.8 26.0 .. 16.5 9.3 242 1.998 World Development Indicator$ t sioleDiPul luaudolaAaC PiJOM 8661 9 6 9 9 9T L 6 96 uo!PPjgpaA ueissnlH 8'6 956.2.: 96-t 961: 95 68 S6. 2ueo - . J.:f~~~~~~ r' r'.m:I.: -i S 6T t.V4VSW.'T 'T 969 - .T 1 L p ~'~1d'3 1:66 666 566 .~~~~~~~~ ~ ~~L617.SC617 . aOT STE 56.j6 68t' 'T0:T ..6-:2 . 09.. T L 9....!l....8 956. ... .... .... .....069.....-u T9 LE eau!nE) mON eAPPJnde tl'ZZ Z'R, VLT L'6 6'6 t,'9 L'17 St,9*9 p91 VT t~~~~5 £..... 9~6f, .. -T tT 1 1:.. Va 170 9 T'CT 9'TZ C,9F6T 1796 966 65 WNf T£6 t' EV 97 L6 6 . 6 6 L ' Zg:O T9z e ... .. ... ..........66.A..... 96 V'S . .6.LT T9 . 01: 7T9 .*9T . 96.91S 8T 176 . 06 6:: .2. 961: 6 S6 90 ti .eAoPeOP ....... .... .. 66 ...T 9.... .... T'6T Z'8k ........q... 16 06 sT.' .9;J~~~~~~~~~~~~~~~ . .. 6 6...VT.~~~~~~~~~~~~~~~~~~~~~~... ..... .. ~: T i . ...6.t .. tt V&' C% ~ .. -t.. ...67 ... i a96ep v ..... ............... ...... .1:99 . 0.:. OT 6z .. T. .... 6. C'ET 46t~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~j1 09'VT T'T 9T 8-95...~- : 66 6V.96.9s.... ..t.6. s . OTt' uT' 8 9: 6 ... ...6 .. ... 1 ........ .6 ......966 ... 0.6.. ...... 966.. lIS 501 nUAP WSifO SOIJ; dN SOiASS dN t o%7uIuJA6 6 so1'J %PP pOZJ T wT p:cAIoIIqn..d lqdedqAX U U. T emuG1 4.181 Present value of Total debt service Public and Short-term debt publicly debt guaranteed debt service % of % of exports of exports of % of central %of goods and % of goods and government 5/ o GNP services GNP services ocurent revenue total debt 1996 1996 1980 1996 1980 1996 1980 1996 1980 1996 Rwanda 47, 682 0.7 1.4 4.2 20.3 2.9 -. 13.7 3.2 Saudi Arabia............ Senegal 53 150 8.9 5.4 28.7 15.9 30.1 .. 14.9 5.3 Sierra Leonie 78 516 5.6 6.4 23.8 52.6 22.7 70.8 11.3 9.0 Singapore......... Slovak Repu.blic 41 66 7.0 . 11.9 ... . 38.3 Slovenia 21 36 ,. 5.1 .8.7 ...1.4 South Africa 18 67 . 31.. 11.1 . . 3. Sri Lanka 41 97 4.5 3.1 12.0 7.3 10.3 13.0 11.9 7.1 Sudan 260 1,964 3.9 .. 25.5 5.0 9.3 .. 11.6 36.6 Sweden . .. .. .. Switzerland . .. .. .. Syrian Arab Republic 120 301 2.9 1.5 11.4 3.8 8.6 .. 17.8 22.0 Tajikistan 24 69 -. 0.0 .. 0.1 -.... 1.9 Ta nzanial .114 499 -. 4.5 23.5 18.7 8.1 .. 13.0 14.3 Thailand 56 131 5.0 4.8 18.9 11.5 9.5 6.3 27.8 41.4 Togo 80 191 4.8 4.0 9.0 10.8 11.0 .. 11.5 6.1 Tiidad and Tobago . 46 80 3.9 9.5 6.8 15.6 8.4 .. 14.0 12.0 Tunisia 53 106 6.4 8.0 14.8 16.5 15.6 23.1 3.9 7.8 Turkey 47 184 2.3 5.9 28.0 21.7 8.5 25.2 13.1 25.7 Turkmenistan 18 39 .. 4.1 .. 10.6 ... . 34.8 Uganda 321 2941 4.6 2.5 17.3 20.0 6.7 ..9.1 2.9 Ukraine 18 48 .. 2.9 .. 6.1 ....4.8 United Arab Emirates . United Kingdom ........ . .. . United States . .. .. .. Uruguay 33 143 3.1 3.7 18.8 15.6 8.8 9.7 19.4 28.1 Uzbekistan 9 56 .. 1.2 .. 8.1 ... .3.9 Venezuela 51 147 8.7 6.9 27.2 16.8 19.1 22.5 53.0 8.2 Vietnam, 123 322 1.5 .. 3.5 ... 14.5 West Bank and Gaza . .. .. .. Yemen. Rep. 88 160 .. 1.6 . 2.4 ... 10.6 9.7 Yugoslavia, FR (Serb./Mont.)0 .. 5.2 ... . 10.9 .. 11.6 15.8 Zambia 161 389 11.4 .9.8 25.3 24.6 29.6 50.4 16.0 8.3 Zimbabwe 57 154 1.2 9.2 3.8 21.2 3.9 .. 11.5 16.0 Low income 1.6 ~~~~ ~~~~ ~~~~~~~~~ ~ ~~~2. 9.4 13.3 12.1 13.5 Middle income ~~~~ ~~~~ ~~~~ ~ ~~~~3.7 5.1 13.5 . 18 3 26.9 20.1 Eta s"t A"S i'a ..& 'Pa"cifi"c .......................2.3 43 11.5 13.0 22.6 25.1 Eu'r op"e ..& ...Ce'nt'r"al"A"s ia 1..................... .6 3 7 6.8 11.4 22.6~ 14.3j Latiin-f Ae r i'ca arib 6.5 6. 36.3 32. 26.7 17.5 Middle East& N. Africa ~~~~ ~~~~ ~~ ~~2. 5 32 5. 14 25.22. S§o u"th ..A"s i'a ............. .............. ............1.33.1 11 7 _ 22.0 6.5 6.8 Sub-Sah ra .......................Africa.............3'.6" 5.0 9814.2 26.6 17.4 a. Data are Prom debt sustainabillty analyses undertaken as part of tee Heavily Indebted Poor Countries Deot Initiative. Present value estimates for thtese countries are for pub. v and publicly guaranteed debt only, and export figures excnlde worker remittances. b. Data prior to 1992 include Eritrea. c. Data refer to mainsand Tanzania onip. d. Data refer to the former Yugos avia. 244 1998 World Development Indicators 4.18 The indicators in the table measure the relative bur- * Present value of debt is the sum of short-term den on developing countries of servicing external external debt plus the discounted sum of total debt debt. The present value of external debt provides a All regions except Asia have reduced service payments due on public, publiclyguaranteed, measure of future debt service obligations that can their reliance on short-term debt and private nonguaranteed long-term external debt be compared with the current value of such indicators % over the life of existing loans. * Total debt service is as GNP and exports of goods and services. In this ?O the sum of principal repayments and interest actually table the present value of total debt service in the , paid in foreign currency, goods, or services on long- most recent year (1996) is presented as a percent- term debt, interest paid on short-term debt, and age of average GNP in 1994, 1995, and 1996 or the repayments (repurchases and charges) to the IMF. average of exports in the same three-year period. The i' * Public and publicly guaranteed debt service is the ratios of total debt service and public and publicly l,, sum of principal repayments and interest actually paid guaranteed debt service compare current obligations on long-term obligations of public debtors and long- with the size of the economy and its ability to obtain term private obligations guaranteed by a public entity. foreign exchange through exports. Because worker 9N * Short-term debt includes all debt having an origi- S-AP ECA LAC MNA SAS SSA remittances are an important source of foreign * 1980 0 1996 nal maturity of one year or less and interest in arrears exchange for many countries, they are included in the Source: World Bark 1998. on long-term debt. value of exports used to calculate debt indicators. The ratios shown here may differ from those published Data sources elsewhere because estimates of exports and GNP have been revised to incorporate data available as of The main sources of external February 1, 1998. l ;It ij I debt information are reports The present value of external debt is calculated by Dev 1l It-p i to the World Bank through its discounting the debt service (interest plus amortiza- FilliIt t" Debtor Reporting System tion) due on long-term external debt over the life of from member countries that existing loans. Short-term debt is included at its face * have received IBRD loans or value. Data on debt are in U.S. dollars converted at IDA credits. Additional infor- official exchange rates. The discount rate applied to * ie mation has been drawn from long-term debt is determined by the currency of repay- the files of the World Bank and the IMF. Data on GNP ment of the loan and is based on the Organisation for and exports of goods and services are from the World Economic Co-operation and Development's (OECD) Bank's national accounts files. Summary tables of the commercial interest reference rates. Loans from the external debt of developing countries are published International Bank for Reconstruction and annually in the World Bank's Global Development Development (IBRD) and credits from the International Finance and Global Development Finance CD-ROM. Development Association (IDA) are discounted using an SDR (special drawing rights) reference rate, as are obligations to the International Monetary Fund (IMF). When the discount rate is greaterthan the interest rate of the loan, the present value is less than the nominal sum of future debt service obligations. The ratios in the table are used to assess the sus- tainability of a country's debt service obligations, but there are no absolute rules that determine what val- ues are too high. Empirical analysis of the experience of developing countries and their debt service perfor- mance has shown that debt service difficulties become increasingly likely when the ratio of the pre- sent value of debt to exports reaches 200 percent and the ratio of debt service to GNP exceeds 20 per- cent. Still, what constitutes a sustainable debt burden varies from one country to another. Countries with fast-growing economies and exports are likely to be able to sustain higher debt levels. 1998 World Development Indicators 245 -- ~ ~ ~ ~ ~ ~ ~ . $r, - 2t4' * 0 . A ~ i>g -~~ T he state grew everywhere in the 20th century-in vem different ways, shaped by two world wars, the Russian revolution, the 1930s' depression, and decolonization. Today state involvement in economic activities ranges from 0 percent (Somalia) to 100 percent (Democratic People's Republic of Korea). Few would deny that "without an effective state, sustainable development, both economic and social, is impossible" (World Bank 1997g). But the diversitv of experience makes it difficult to draw conclusions about what makes states and markets effective-and what size state is right for any set of social and economic circumstances and objectives. Ratios of government spending to total GDP in 1996 range from less than 10 percent up to about 50 percent (table 5.1). The average for the OECD was 46 percent, having risen steadily since World War I. More than half of this goes for transfer payments and subsidies, the trappings of the modern welfare state. Investment spending by the state accounts for less than 5 percent. Governments of different persuasions are looking for wavs to freeze and eventually reduce this spending without losing votes. The market is often the most acceptable and efficient solution-with private health and unemploy- ment insurance, private contributions to higher education costs and the care of the elderly, and even private prison services among reforms initiated in the 1990s. Industrial and agricultural subsidies are also being cut back, thus direct- ing private investment where profitability does not depend on the profitability of handouts. The challenge for the developing world is to provide as good an institutional framework for development as its capabilities will allow. Governments should not intervene where markets can operate more efficiently. But thev do, everywhere. State-owned enterprises, prominent in many low-income economies, rarely operate as efficiently as private firms. They also absorb a large share of the econ- omy's resources. Their investments may be financed with government guaranteed external loans, adding to debt burdens. They are heavy users of domestic credit, often granted on preferential terms, crowding out private borrowers and giving the state-owned firms a competitive cost advantage. Their loan servicing is gener- allv poor, and many are far in arrears on payments for goods and services pur- chased from other public sector entities. Many state-owned enterprises benefit from tax reductions or exemptions, distorting competition and further reducing the income to government. More often than not, thev are a drain on the budget, and so constrain official allocations to more worthy social causes (table 5.8). Containing corruption and making government more effective In many developing countries local business people believe the Until recentlyapreoccupation with shrinking the size of the state state to be both incompetent and corrupt (box 5a). They invest led many development economists to neglect the vital task of less and operate less efficientlv than they would in a more sup- understanding how to improve the state. One lesson from suc- portive policy environment. The main reason for this underper- cessful states is that they use market-like mechanisms to improve formance is that, to survive, they must divert time and money their efficiency. from their businesses into negotiations with bureaucrats and The World Bank's World Development Report 1997 showed that unreliable institutions. an effective state is vital for development. Using data from 94 coun- tries over three decades, the study shows thatitis notjust economic The need for bedker gofi 7rnmcea., policies and human capital but the quality of a country's institu- Corruption, the abuse of public pover for private gain, is a prob- tions that determines economic outcomes. Institutions determine lem in every country. And the way it undermines the legitimacy of the environment in which markets operate. A weak institutional government has become a central issue for discussion in the 1990s. environment allows greater arbitrariness on the part of state agen- A series of widely publicized scandals helped to put the problem at cies and public officials. the center of international concerns. Politicians and bureaucrats If laws are applied arbitrarily, or not applied at all, the mar- were prosecuted for taking bribes in several OECD countries, in ket will consider them irrelevant. Similarly, if rules are changed the former Soviet Union, in Asia, and in Latin America. The crimes frequently or unexpectedly, they lose credibility. The wider the involved illegal payments for public contracts for infrastructure, discretionary controls of politicians and bureaucrats, the greater defense, manufacturing, and services projects. They also involved the opportunities for briberv. In these circumstances, noncom- campaign finance excesses-and protection money for the drug pliant behavior may be the most efficient way to operate. trade and other organized crime pavoffs. Governments with poor records in enforcing law and order Transparency International-an anticorruption nonprofit can soon ruin even a thriving economy. If such countries attract group-has developed a corruption perception index that draws investors, it is into areas that the state cannot afford to develop on surveys by Gallup International, the World Competitiveness on its own. Infrastructure projects and those that exploit natural Yearbook, Political & Economic Risk Consultancy in Hong Kong, resources are usually set up under one-off, all-inclusive agree- DRI/McGraw Hill Global Risk Service, Political Risk Services in ments that insulate the investor from the deficiencies of the reg- Syracuse, New York, and data gathered from Internet sources. ulatory system. Low-income countries often have weaker markets and weaker International investors can stay away from states perceived to institutions. As a result they may be more corrupt. And the con- be incompetent and corrupt. Local business communities can- nection runs both ways: countries are corrupt because they are not. They must operate within the system, with all its faults, or poor, and they are poor because they are corrupt. Corruption not operate at all. The credibility of the state in the eyes of local damages economic performance by depressing investment in an entrepreneurs has a direct bearing on economic performance. unpredictable policy environment. On a corruption perception index with a range of zero to 10, a 2.4-point improvement led to a 4-point increase in a country's investment rate and a real rise in per capita income (Mauro 1997). A credible stae promotes private sector developmentpecaianom(Muo19) Reducing entrenched corruption requires far-reaching pol- A survey of 3,600 firms in 60 countries prepared for the World Bank's icy reforms, starting with strengthening institutions and liberal- World Development Report 1997 conciuded that the credibility accorded izing markets. Other measures include clearly separating by the private sector to state institutions was linked to cross-country differences in economic growth and Investment. Entrepreneurs were executive and judiciary powers, revising public pas scales, and asked about their perceptions of the stability of laws and policies-and launching tax and tariff reforms. of the institutions set up to administer them. They were also asked about crime and corruption. Since the early 1990s the World Bank has been promoting The predictability of rulemaking. The fewer surprises, the better. good governance in its country assistance strategies and lending. Worst off were entrepreneurs in the Commonwealth of Independent Its research programs have improved understanding of the causes States (CIS), where 80 percent found their business seriously hampered by unpredictable changes in rules and policies. and effects of corruption in developing countries. And it has estab- The continuity of institutions. Business communities in the CIS, the lished a framework for addressing corruption as part of a broader Middle East and North Africa. and Sub-Saharan Africa were beset by institutional upheavals stemming from political changes. Entrepreneurs promotion of good governance practices (World Bank 1997c). in both industrial and developing countries worried about crime against A two-part strategy aims to help countries match the state's persons and property. And few respondents in developing countries role to its capability and improve the quality of its institutions. trusted the system of law enforcement. Freedom from corruption. Of the 3,600 firms, 40 percent had to This requires taking stock of a state's capabilities and ranking the resort to bribery in the normal course of business-30 percent in Asia, economic and social fundamentals that can be supplied effi- 60 percent in the CIS. More than half the respondents knew that the bribes would not bring forth the necessary permits, but would lead to ciently with existing resources. States can improve their capabili- yet further bribes to other officials. ties by reinvigorating their institutions. This means not only building administrative or technical capacitv but also instituting rules and norms that provide officials with incentives to act in the collectivc interest while restraining arbitrary actioni and corrup- 248 1998 World Development Indicators tion. An independent judiciary, institutional checks and bal- State enterprises have shrunk most visibly in the former ances, and effective watchdogs can restrain arbitrary state action socialist countries and in some middle- and high-income and corruption. Competitive wages for civil servants can attract economies. In Sub-Saharan Africa, by contrast, reforms could more talented people and increase professionalism and integrity. have done much for macroeconomic stabilization, but the gov- ernments in power saw the risks as too great. Sell-offs met least Privatization resistance in the wake of economic crises, as in the former Soviet Since the 1980s the privatization of public sector enterprises has Union and Latin America. Although proceeds from privatization been central in economic policy reforms-helping economies provide governments with valuable revenues at no immediate better match the state's role to its capabilities. The process was cost to taxpayers, governments (and therefore taxpayers) lose an accelerated by far-reaching changes in political systems and by asset that might have provided future cash flows, and govern- information technology that facilitated the globalization of pri- ments often provide guarantees to the new owners that later cost vate business operations. Governments of former socialist coun- taxpayers. tries opened the way for greater private participation by lifting The privatization of infrastructure has proceeded worldwide restrictions on local and foreign private investments in their at great speed since the 1980s. Today, more than 25 countries in economies. Developing countries elsewhere took steps to reduce Sub-Saharan Africa are transferring all or part of their telecom- the state's involvement in production and trade. Technological munications monopolies from the state to the private sector (table advances have fundamentally changed the nature of the telecom- 5a). Most had looked at what was happening elsewhere and liked munications sector. What was once seen as a public good with a what they saw-faster growth, new technology, lower costs, and single dimension (the telephone call) is today a broad array of better services. Privatizations were most likely to succeed if they services (fixed, wireless, facsimile and other value-added) that had support at the highest government levels-and from the can be efficiently and effectively provided by the private sector. workforce. Some important lessons: First, the ownership change from The state monopolies being transformed into private-led, states to markets must be seen as politically desirable. Second, it competitive markets in Africa and Latin America show how impor- must be politically feasible-benefits to the reforming govern- tant it is to establish lines of authority-and to set clear policies, ment must outweigh the foreseeable costs, including the poten- rules, and procedures-before calling for tenders. For sales strate- tial loss of political support. Third, the reforms must be credible. gies, privatization's long-run benefits deserve more emphasis than The proposals must include adequate compensation for losers, cash up front. Allowing competition is the best solution. Even particularly with forced layoffs and evictions. Equally, the reforms though the government gets less revenue from the sale of firms must protect investors' property rights. Enterprise reform is and licenses, it acquires growing future flows of tax revenues from unlikely to succeed if these three conditions are not present the successful businesses. Phased privatizations that commit a gov- (World Bank 1995b). ernment to sell only enough shares to give the private partner a Privatizaton of state-owned telecommunications companies in 1997, selectod countries t Price paid Countrr CompanV name sold CS millions) TIpe of sale u nl:la re':lr >- " 2 L.-, a. I-I rns,.u.r,l lclvrlrinu :. 1- .] | 1- 1: l T-l.- :.,1, ~ ~ ~ ~ ~ ~ ~~~ ! | | _~C 16:^ Tefe,..Li ;e Sr e*.:e Fr- ,rr, 7 rle-rilTs :-<; . _ . L Ir Irrn .i raD.ic . rrInm IIITEL iu9 5 e ,lu parTr.er ,.:ll.Tr 51r., T-5 :.rm rr ,. 1 2::1 sTua[egl: Coal, p'Lr.Er ,, I, ,; iF, _rc f.S:1;1 I T.-,-I 7.-;, ; .,,, J9 IrJ F .,,,Ic . al,,l.5,Lc a. With this sale of the state's e,; r T- l,A -1-i1I .. '- E . -, ,r .:.-: '. . 0 r.:r.r .1. . led. Source: International Telecomr., ... ' !1h. 1998 World Development Indicators 249 controlling interest have also proved successful. If the partly pri- vatized utilitv is making satisfactory profits, and if share prices increase, the remaining government shareholding may be sold at higher prices than the original shares, providing the government with a windfall. Of course, the downside is that share prices may fall, resulting in revenue losses for the government. Private monopoly should not succeed public monopoly, but some infrastructure businesses, such as water distribution, may inevitably be monopolistic. Even so, privatization may still be desirable-regulated private monopoly may be better than pub- lic monopoly. Governments should ensure that there are no bar- riers to new market entrants; the usc of limited-duration concessions is one way of limiting market power. The rules of competition must be clear, with the amount of discretion reflect- ing the government's capacity and credibility to regulate such matters as tariffs and service obligations. The climate for infra- structure projects can be greatly improved if the state agrees to abide by an international treaty, such as the 1997 WNorld Trade Organization Agreement on Basic Telecommunications. Many private infrastructure firms may need to be permanently regulated to facilitate an efficient market. As new technologies (wireless, satellite, Internet) enter the market, the agenda of reg- ulatory agencies is likely to change. Few developing countries had fully operational regulatory systems in 1997, though scvcral Latin American and Eastern European states were creating them. The problem is that if newly privatized utilities are poorly regulated, then the supply and quality of telecommunications, water, or energy may be as unsatisfactory as it was when provided by a state entity-and possibly worse. One unsuccessful privatization acts as a disincentive to investors. Governments that change the rules unpredictably-or fail to abide by them for one privatization- have difficulty finding buyers for the next privatization. In telecommunications, wireless services create a competitive market where consumers have a real choice (table 5.11). The push of new technology has also improved competition in other infrastructure sectors so that regulatory requirements at the start of a privatization program run the risk of being overtaken by events unless adapted to the new technological developments. International cooperation in regulatory standards will help achieve this flexibility. A parallel need has been created by the globalization of bank- ing and financial services. Since the 1980s regulators have coop- erated internationally to fight fraud and the laundering of proceeds from crime and corruption. Recent financial scandals and bank liquidity crises helped push governnients normally pro- tective of their authority closer to agreement on common stan- dards and supervision systems-essential for an efficient international financial market and for the flow of investment funds. Here again, better-regulated markets-where investment decisions are not distorted by corruption-attract the greatest private capital flows. 250 1998 World Development Irdicators A recent survey of local entrepreneurs in 69 countries found that many states are performing their core functions poorly; they are failing to ensure law and order, protect property, and apply rules and policies predictably. Because investors do not consider such states credible, growth and investment suffer. Local entrepreneurs were asked to rank each of several indicators on a scale from 1 (no problem) to 6 (extreme problem); survey results for four indicators are shown below Regional average Regional average 1 2 3 4 5 6 1 2 3 4 5 6 C~rfr5 lr _ r,i _! :hl!' 4.0 E3aterr, Eur N 01 IrOeCir,derT 4 J __ 4 3.9 L: L n)er.V 3 _ _ _ _ _ _ _ _ _ _ _ _ _4_ 5 an. In.r Crnorea K r.1,ooie E 3 . .in; Pior!. Afc RIM M , -~4.6 OEC A _ _ _ _ _ _ _ _ _ _ _ _ _ I- 43 OECD World 3.7 World 4.0 Regional average Regional average 1 2 3 4 5 6 1 2 3 4 5 6 Central and _ _ _ _ _ _ 49 4 Eastem Europe 4 Commonwealth of Independent 5.2 StatesX Latin America 4_5 and the Caribbean Middle East 4.2 23 and North Africa South and 41_' __3_4 Southeast Asia 4 3 Sub-Saharan 747 K~ Africa =..... High-income 4427_ 4 World 4.6 World 3.9 252 1998 World Development Indicators Countries must establish mechanisms that give state agencies the flexibility and the incentive to act for the common good-while at the same time restraining arbitrary and corrupt behavior in dealings with businesses and citizens. th and development in Sub-Sa n Local entrepreneurs were asked to rank corruption on a scale from 1 (no problem) to 6 4 (extreme problem); survey results are shown below Corruption Regional average 1 2 3 4 Central and 4.3 Eastern Europe Commonwealth of Independent ; e 4.4 States Latin Americ and e Ae vMq! Z ? . the Caribbean3 Middle East and North Africa 1 * 4.3 South and A 3 6 Southeast Asia j1 H K. Sub-Saharan Africa 4.7 - High-income 2 8 OECDD World 4.2 e Source for both pages: World Bank, World Development P Report 1997: The State in a Changing World. and Aymo Brunetti, Gregory Kisunko, and Beatrice Weder, Institutional Obstacles to Doing Business," World Bank Policy Research Working Paper 1759. 1998 World Development Indicators 253 5.I Credit, investment, and expenditure Private Foreign direct investment Credit to Private non- Central investment private sector guaranteed government debt expenditure % of gross % of gross domestic domestic ft of externa fixed investment investment % of GDP % of GDP debt ft of GDP ±980 1999 1980 1996 ±980 1996 ±980 1996 ±980 1996 1 980 1995 Albania .. . . 16.3 .. 3.4 .. 3.9 .. 0.0 .. 31.0 Algeria 67.4 74.8 2.1 0.0 0.8 0. 42.2 5.5 0.0 0.0 Angola .. 68 .9 .. 39.7 .. 4.5 .. . . 0.0 Argentina 85.8 35 7.9 0.9 1.5 25.4 18.6 24.3 13.8 18.2 14.5 Armenia 33 .6 .. 9.4 .. 1.0 .. 7.3 .. 0.0 Australia 4.6 18.9 1.2 1.6 51.9 77.4 ... 22.7 27.4 Austria 1.1 1.1 0.3 1.7 74.2 99.3 ... 38.6 42.2 Azerbaijani. 67.3 .. 16.5 .. 1.0 .. 0.0 Bangladesh 58:9 62.5 0.0 0.3 0.0 0.0 8.1 20.6 0.0 0.0 10.0 Belarus .. . . 0.4 .. 0.1 . 6.9 .. 2.8 Belgium . .. . .. . .. 29.1 67.5 ... 50.6 49.4 Benin .. 61.7 2.0 0.5 .0.3 0.1 28.6 9.1 0.0 0.0 Bolivia 51.3 41.9 10.3 17.9 1.5 6.4 15.5 52.8 3.4 5.5 .. 23.1 Bosnia sod Herzegovina 7 Botswana 62.1 .. 30.5 6.3 10.8 .1.5. 11.3 11.1 0.0 0.0 31.8 38.0 Brazil 89.7 86.2. 3.5 6.8 0.8 1.3 42.5 30.7 23.2 27.3 20.2 37.4 Bulgari'a 85.9 85.0 0.0 8.6 0.0 1.2 .. 36.9 .. 2.0 .. 41.6 Burkina Faso .. 57.9 0.0C 0.0 0.0 0.0 16.7 7.0 0.0 0.0 12.2 Burundi 8.1 15.7 0.0 1.0 0.0 0.1 9.8 15.8 0.0 0.0 21.5 24.9 Cambodia .. 68.6 .. 45.4 . 9.4 .. 5.3 0.0 0.0 Cameroon .77.8 9.5.5 9.2 2.4. 1.9 0.4 29.5 8.3 6.9 1.9 15.7 12.7 Canada . .. 9.4 10.5 2.2 1.1 68.7 88.8 ... 21.3 24.6 Central African Republic 46.5 41.8 9.5 8.4 0.7 0.5 13.9 4.3 0.0 0.0 22.0 Chad 4.8 3-5.8 0.0 8.0 0.0 1.5 24.4 5.0 0.0 0.0 Chile 72.2 80.0 3.7 199.9 _08.8 5.5 46.8 55.2 38.8 56.7 28.0 19.2 Chins 43.4 47.0 0.0 11.6 0.0 4.9 53.4 94.7 0.0 0.9 .. 8.3 Hong Kong, China 85.1 86.8 .. . . .. 16.1.7 . Colombia 58.3 47.8 2.5 18.7 0.5 3.9 30.5 41.4 7.4 28.3 13.4 14.4 Congo, Dem. Rep. ~ 42.4 .. 0.0 0.5 0.0 0.0 2.8 1.0 0.0 0.0 12.4 7.6 Congo, Rep. .. 91.4 6.6 06 23 .3 15.5 8.0 0.0 0.0 49.4 Costa Rica 61.3 75.1 4.1 19.7 1.1 4.5 27.9 17.6 15.0 5.6 25.0 29.1 CSte dIlvoire 53.2 69.1 3.5 1.4 0-.9 0.2 40.8 19.7 27.0 17.0 31.7 Croatia 59.6 .. 12.4 .. 1.8 .. 30.1 .. 18.5 .. 46.5 Cuba Czech Republic 0.0 7.6 0.0 2.6 .. 59.0 0.0 10.6 .. 39.9 Denmark 1.1 14.1 0.2 0.4 42.1 33.4 ... 39.4 43.4 Dominican Republic 68:4 66,5 5.6 12.3 .1.4 3.0 30.8 26.6 12.7 0.1 16.9 15.6 Ecuador 59.7 78,3 2.3 13.4 0.6 2.3 22.8 33.5 18.7 2.2 14.2 15.7 Egypt, Arab Rep. 30.1 59.1 8.7 5.7 2.4 0.9 15.2 41.5 1.4 0.4 45.6 37.4 El Salvador 44.8 78.0 1.2. 1.5 0.2 0.2 33.8 36.8 17.6 0.1 17.1 13.7 Eritreea. 52.7 . . . .. . . 0.0 Estonia .. 80.2 .. 12.9 .. 3.5. . 18.1 .. 0.9 . 35.2 Ethiopia 63.9 0.0 0.4 00 .1 20.1 21.7 0.0 0.0 19.5 18.1 Finland 0... .O.2 5.1 0.1 0.9 48.5 61.5 ... 28.1 42.7 France 2. 0 8.5 0.5 1.4 104.8 81.7 ... 39.5 46.4 Gabon 80.1 72.0 2.7 -.5.7 0.7 -1.1 15.8 6.6 0.0 0.0 36.5 Gambia, The 35.4 63.1 0.0 10.2 0.0 2.2 24.2 10.6 0.0 0.0 32.1 21.5 Georgia . . .... 73.7 .. 4.6 .. 0.2 .. . . 0.0 Germany .. . . 2.2 .. -0.1 .. 104.9 .. . . 33.9 Ghana .. 26.3 6.2 10.1 0.4 1.9 2.2 6.6 0.7 4.4 10.9 22.1 Greece 5. . .9. 7.0 14.4 0.7 43.9 35.7 ... 29.3 33.6 Guatemala 63.8 81.3 8.9 3.8 1.4 0.5 16.2 18.9 24.2 3.2 12.1 8.9 Guinea .. 57.7 .. 4.7 . 0.6 .. 4.8 0.0 0.0 Guinea-Bissau .. 32.5 0.0 1.7 0.0 0.4 .. 0.1 0.0 0.0 Haiti .. 27.6 5.3 .0.0 0.9 0.2 15.7 14.3 0.0 0.0 17.4 Honduras 62.1 62.7 0.9 5.8 0.2 1.9 28.8 26.7 13.0 2.8 . 254 1998 World Development Indicators 5.1 I Private Foreign direct investment Credit to Private non- Central investment private sector guaranteed government debt expenditure % of gross % of gross domestic domestic % of external fced investment investment % of GDP % of GDP debt N of GDP 1980 1996 ±980 ±996 1980 1996 1980 ±1996 1980 1996 1980 1995 Hungary . .. 0.0 16.5 .. .0.0 4.4 48.3 22.3 0.0 18.6 56.2 India 55.5 66.1 0.2.. 2.7 0.0 0.7 25.4 23.7 1.6 8.2 13.3 .. 16.4 .n.o.e.. . 605....1.0 ..11.1 0..2 35.5 . 8.8 55.8 . 15.0. ..28.4. 22.1 .. ..14.7 Iran, Islamic Rep.00 . 00.. 43.8 23.2.. 1.1 35.7 23.2 I raq 0 . ... . ... .. . 0- .... ... . .. 0 0.0 . ... 0 0. . . ... 11... ..7.. ireland...... 23....6 1.7 3.5... 44.0 78.3. 45.1 40.3 Israel 1.0 73 0.2 1.7 68.3 66.8 70.2 44.7 Italy 0.5 25 01 .3 55.9 52..1.4.3 48.6 Jamaica 6.5 .. 14.9 1.0.. 4.0 219.9. 31..1 3:9 3.0 41.5.. Japan 0.1 00 .0 0.0 132.7 207.1 . 18 4 2 Jordan. 51.4 77.1. 2.3. .. 0.6. 0.9 0.2 51.0 71.5 070 0.5 41.3 31 6 Kazakhstan .. 98.8 .. 6.4 .. 1.5 . 7.1 7 4 Kenya 54.7 44.5 3.7 0.7 1.1 0.1 29.5 34.6 1-2.9 5.4 25.3 2908 Korea, Dem. Rep. Korea, Rep. 7..2. 76.0.. 0.0 1.3 0.0 0.5 50.9 74.8 17.0... 17.7 Kuwait . .. 00 . 00 .. 33.1 3. 77 5. Kyrgyz Republic .. 87.5 13:8 .. 2.6. 0 0 . ....7 .. .1 ..... Lao PDR ....... 18.4 5.6.. 5. 9.1 0.0 0.0... .... Latvia .... .... . 89-3 .. 34.9 65.. .....657.3 . 0.0 32.2 Lebanon 71.8 2.0 . 0. 164 638 .0 10.3 . 32.5 Lesotho 36.8 2.9 3.0 1.2 3.2 9.8 17.5 0.0 0.050.7 Libya 8:3 -13.9 .. -3.1 .. 11.2..... Lithuania. 86.3 9:3.... .2:0 .. 11.9 5'0 ..... 25~5 Macedonia, FYR . 4.6 0.7.. .31 Madagascar 42.5 -0.2 24.4 0.0 0.2. 19.2 9.4 0.0 0.0 . 17.2 Malawi .... -21.4. .84.3 3..1 0.3 0.8 0.0 20.7 4.2 0.0 0.0 34.6 Malaysia ...... ...-62.6 69.8 12.5 11.0 38.8 4.5 49.9 129.5 189.9.. 32.7 28.5 229.9 Mali . 54.4 0.9 3.3 0.1. 0.9 23.0 13.0 0~.0 ... 0.0 20.6 Mauritania . 68.3 10.6. 2.1 3.8. 0.5 31.0 23.6 0(.0 .... 010.0 ............. Mauritius 64.0 64.8 0.5 3.3 0.1 0.9 21.6 44.7 5.1 13.5 27.2 22.6 Mexico 57.0 79.1 4.1 10.9 1.1 2.3 19.7 21.6 12.7 12.9 15.7 15.9 Moldova ... 78.5. ..... 8.0 .. 22.2 .. 7.3 0'0 . .. . ... Mongolia .- 2.3 . 05.. 12.3 0 . 2. Morocco 44.0 57.8 2.0 4.1 0.5 0.8 27.0 45.8 1:6 ...1.8 33!1 Mozambique 27.0 65.3 0.0 3.5 0.0: 17.7 17.8 0.7 Myanmar 206.6 . 60.6. 5.5 ..15.8 10.6 Namibia 4270 ... 62.2 0.0 .. 214.4 0.0 4.2 . 50.5 0.0 0.0 . .. 381.5 Nepal 60:2. 67:8. ... 0-0.0.... 1:9.9 .. 0.0 0.4 8.6 24.6 0:0 ..... 0 0 14.3 17.5 Netherlands .... . . . -6.0 18.7 1.3 2.0 93.6 105.7- 52.9 50.8 New Zealand..,. .. 3.7. 3 .5 . 0.8 0.4 18.4 93.3 38.3 32.9 Nicaragua 38 6. 0.0 8.2 0.0 2.3 48.3 28.6 0.0 0.0 30.4 33.2 Niger 50.6 5.3 0.0 19 00 16.9 3.1 3.3 70184 Nigeria 62:5 -5.4 23.2 -1.2 4.3 12.2 10.6 123.3 1.0 Norway ~~ ~ ~~~~~~~ ~~~~~.. ... 0.4... .. 0.1 2.5 51.4 72.3 344 4.. 39.0 Oman 34.1 . 7.4 4.0 1.6 0.4 13.7 29.2 0 0 .....041 38.5 42.4 Pakistan 36.1 52.5 1.4 5.7 .0.3 . 1.1 24.0.. 26.7 0 2 6 7 17.5 23.2 Panama .. 8. 44 99 -12 2.9 58.1 8. . .1 30.5 24.7 Papua New Guinea 586.6 85.8. 11.8 16.2 3.0 . 4.4 17.6 18.2 19.3 31.9 34.4 29.4 4 i~~~~~~~~~~~~~~~~~~~~~ 4 ..~ ~ ~ ~ ~ ~ ~ ~ ~~.. .................. Peru 75 6 82.9 0.4 25.0 0.1 .. 5.9 ...129 19.6 65.5 4'7.7... 19.5.. .17.2 Philippines690 8. -1.1 6.9 -0.3 1: .7 . 42.2 54.2 14.1 1-1.9 13.4 17..9 Poland . 81.9 0.1 16.4 0.0 3:3' 6.4 15.5 3'9 ... 430O Portugal . . . 8.3 0.5 06 5. 64.3. 33.1 44.1 Puerto Rico.. . .. . Romania .. 73.8 .. 2.9 077 .. 0 4.5. 44:8 32.0 Russian Federation .. 91.1 .. 2.5 06 .. 74. . 24.0 1998 World Development Indicators 255 @5.~51 Private Foreign direct investment Credit to Private non- Central investmnent private sector guaranteed government debt expenditure % of gross %of gross domnestic domnestic Ik of externa. fioed investment investment % of GDP % of GDP debl A f GDP 1980 1999 1980 1996 1980 1996 1980 1996 1980 1996 1980 1995 Rwanda .. 70.0 8.7 0.6 1.4 0.1 5.7 7.1 0.0 0.0 14.3 25.8 Saudi Arabia . .. -9.4 -7.7 -2.0 -1.5 22.8 63.8 . Senegal 62.1 70.3 3.1 5.3 0.5 0.9 42.3 15.8 0.6 1.1 23.1 Sierra Leone .. 64.4 -9.0 5.7 -1.5 0.5 7.2 2.5 0.0C 0.0 26.5 16.4 Singapore 75.6 .. 22.8 28.6 10.5 10.0 81.0 108.8 .. 20.0 15.9 Slovak Republic .. 3.9 .. 1.5 . 31.7 0.0 7.1 Slovenia .. 26.7 . 4.3 .. 1.0 . 28.5 .. 48.0 South Africa 50.8 .. -0. 1 0.6 0.0 0.1 60.3 137.1 .. 15.1 22.1 33.7 Spain 3.0 5.2 0.7 1.1 78.2 74.9 26.7 38.2 Sri Lanka 77.4 . 3.2 3.4 1.1 0.9 17.2 25.2 0.2 1.0 41.4 29.3 Sudan 38.9 .. 0.0 .. 0.0 .. 14.9 5.3 6.3 2.9 19.6 Sweden 0.9 41.2 0.2 2.2 78.0 37.1 39.3 49.5 Switzerland .. . . . . 1.2 113.7 161.7 . . 20.1 26.6 Syrian Arab Republic 36.1 .. 0.0 .. 0.0 0.6 5.7 10.9 0.0 0.0 48.2 24.5 Tajikistan .. 4.7 .. 0.8 .. .. 0.0- Tanzania .. 14.2 .. 2.6 .. 3.4 3.4 0.6 Thailand 68.1 77 6 2.0 3.1 0.6 1.3 41.7 100.0 20.5 39.8 18.8 15.8 Togo 28.3 78.2 13.1 0.0 3.7 0.0 27.5 19.2 0.0 0.0 30.8 Trinidad and Tobago .. 88.0 9.7 38.1 3.0 5.9 28.7 46.3 0.0 3.5 30.9 29.2 Tnisia 4. 510 91 68 2. 1.6 46.4 63.5 5.1 1.9 31.8 32.8 Turkey ..~ 81.4 0.1 1.7 0.0 0.4 13.6 22.8 2.8 13.1 21.3 22.2 Turkmenistan .. . . . . 2.5 . 1 7.5 .. 0.0 Uganda .. 63.9 0.0 12.1 0.0 2.0 3.9 4.7 0.0 0.0 6.2 Ukraine .. 3.5 .. 0.8 - 1.4 .. 1.9 United Arab Emirates.. . . . 22.9 50.0 ... 12.1 111.8 United Kingdom 11.2 .. 1.9 2.8 27.6 124.1 38.3 42.0 United States . .. 3.1 5.4 0.6 1.0 80.3 115.4 ... 22.0 22.7 Uruguay 67.9 71.1 16.5 7.7 2.9 0.9 37.2 30.3 12.7 2.3 21.8 31.5 Uzbekistan .. . . 1.4 -. 0.2 .. . . 0.0 Venezuela 51.5 31.5 0.3 16.3 0.1 2.7 48.2 986 10 8 l.4 18J. 7 48.8 Vietnam .. 76.3 .. 23.0 -. 6.4 .. 8.2 0.0 0.0 West Bank and Gaza . . . . . .. . . Yemen, Rep. 67.6 .. 6.6 .. 1.7 . 3,4 .. 0.0 24.7 Yugoslavia, FR (Serb./Mont.) 0.0 0.0 ... . 59.5 20.5 Zambi'a .. 48.7 6.8 11.4 1.6 1.7 19.9 9.3 2.7 0.2 37.1 25.0 Zimbabwe 77.1 90.4 0.1 4.7 0.0 0.8 33.2 35.4 0.0 8.6 34.8 34.1 Low income 48.5 53.2 0.0 9.8 0.0 3.3 32.3 82.3 4.8 3.1 .. 12.9 Exci. China & India .. 63.2 -0.1 10.6~~~~ ~ 0.0 2. 17.4 177. Mide .cm ................. .......~ .i 7 .1 . 1.1... i . 7.8 0.3 1.8 30.4 35.. 0. '' .. .. 12.7 15.2 'Lo"w"er ..mijddle income .. 75. 0 1.5 6.5 0.4 1.6 29.9 34.8 .. ... 22.6 UOp'p er ..m i'ddile i'ntom .er. ..........66.8 811.3 0.8 92.2.. ...0.2 2.0 .30.7 35.1 ......20.3. 29.0 L'ow...&' mniddle'in"c"o ..m"e59.8 666 08 8.5 02 2.2 16.7 18.7 ... 21.9 E'a'st ..A's i"a ..& ..P"a"c'ific 50.......... .5"C 56. 1.1i 10.4 0'.4.. ... 4.0..... 41.5.85.4 1-3.-5 . ....19.4 ill115 Eu6r'o pe' & Ceta As ia .... 84.5.. 0......6.1 ........5.. 7........0 ..... .0 1 ..3... 1 7.0 15.7 15.3 7.3 .. 30.9 L~atin-r.. Aer'i c'a &Ca"rib". 70.6 80.2 3.4 10.4 08 21 32.5 27.5 18. 169 18.8 24.5 MIddeEat&N. Afric'a . 3.1 33 07 0.7 28.6 37.5 0.7 1. So'uth Aaia 54.4 64.4 06.4 . " .... ... 2.9..0.1.0.7 23.6 2 .9.. 0.9 8.2 14.2 17.6 Sub-Saharan Afria .. 64.6 0.0 6. 0.0 1.1 31.3 68.1 5. .2 2. Hihincome . .. 2.9 54 0.7 0.9 : 82.7 82.9 ... 26.3 31.3 256 1998 World Development Indicators 5.1 The indicators in the table measure the relative size Monetary Fund (IMF), supplemented by data on net for- * Private investment covers gross outlays by the pri- of states and markets in national economies. There eign direct investment reported bythe Organisation for vate sector (including private nonprofit agencies) on is no ideal size for states, and size alone does not Economic Co-operation and Development and official additions to its fixed domestic assets. Gross domes- capture theirfull effect on markets. Large states may national sources. The data suffer from deficiencies ticfixed investment includessimilaroutlays bythe pub- support prosperous and effective markets; small relating to definitions, coverage, and cross-country lic sector. No allowance is made for the depreciation states may be predatory toward markets. The comparability. (Seethenotestotable6.8foradetailed of assets. * Foreign direct investment is net inflows resources of a large state may be used to correct discussion of data on foreign direct investment.) of investment to acquire a lasting management inter- genuine market failures-or merely to subsidize Data on domestic credit to the private sector are est (10 percent or more of voting stock) in an enter- state enterprses making goods or providing services taken from the banking survey of the IMF's prise operating in an economy other than that of the that the private sector might have produced more effi- International Financial Statistics or, when the investor. It is the sum of equity capital, reinvestment ciently. A large share of private domestic investment broader aggregate is not available, from its mone- of earnings, other long-term capital, and short-term in total investment may reflect a highly competitive tary survey. The monetary survey includes monetary capital as shown in the balance of payments. Gross and efficient private sector-or one that is subsi- authorities (the central bank) and deposit money domestic investment (used in the denominator) is dized and protected. Thus, like other indicators in this banks. In addition to these, the banking survey gross domestic fixed investment plus net changes in book, the indicators here provide an important but includes other banking institutions such as savings stocks inventories. * Credit to private sector refers incomplete picture of what they measure-in this and loan institutions, finance companies, and devel- to financial resources provided to the private sector- case the roles of states and markets. opment banks. In some cases credit to the private such as through loans, purchases of nonequity secu- Because data on subnational units of govern- sector may include credit to state-owned or partially rities, and trade credits and other accounts ment-state, provincial, and municipal-are not state-owned enterprises. receivable-that establish a claim for repayment. For readily available, the size of the public sector is mea- some countries these claims include credit to public sured here by the size of the central government. enterprises. * Private nonguaranteed debt consists While the central government is usually the largest of external obligations of private debtors that are not Foreign direct Investment has retreated economic agent in a country and typically accounts in East Asia guaranteed for repayment by a public entity. Total exter- for most public sector revenues, expenditures, and $ billions nal debt is the sum of public and publicly guaranteed deficits. in some countries-especially large ones- Eal O15 3 nBr] F,fc long-term debt, private nonguaranteed long-term debt, state, provincial, and local govemments are impor- ' 3t.r. AmorIC3 ar IMF credit, and short-term debt. * Central govern- tant participants in the economy. In addition, 'central r. iojie Elai an - ment expenditure comprises the expenditures of all government" activities can vary depending on the ,, rr.rr,cn government offices, departments, establishments, accounting practice followed. In most countries cen- .'/ and other bodies that are agencies or instruments of tral government finance data are consolidated into . io m &ea the central authority of a country. It includes both cur- one overall account, but in others only budgetary cen- _…… = rent and capital (development) expenditures. tral government accounts are available, which often S-ar,ran Ar,ca omit the operations of state-owned enterprises (see 1990 1992 1994 1996 Data sources Primary data documentation). Source: World Bank 1998. When direct estimates of private gross domestic U Private investment data are The surge In net foreign direct Investment (FDI) fixed investment are not available, such investment f d 9 benspurrer3bythre , from the International Finance is estimated as the difference between total gross malnfacton: Increasingilberalkzationofdeveloping . . . Corporation's Trends in Private economies, strong growth In GDP and trade of the domestic investment and consolidated public invest- main developing economy recipients ef FDI, and I Investment in Developing ment. Total investment may be estimated directly falting costs and Improving quality of communi - Countries 1997 and World cation and transportatlon servkes. .i from surveys of enterprises and administrative F t levesd off In s997 to $.20 blarn after Bank estimates. Data on for- records or indirectly using the commodity flow severalyeasofrapidgrowAh. TheratloofFDItoGDP eign direct investment are In developing economies quadrupled from 0.6 per- method. Consolidated measures of public invest- centIn99Ito2.5percentin997,whilenorminal based on estimates compiled ment may omit important subnational units of gov- levels quintupled. by the IMF in the Balance of Payments Statistics The deceleration In ±997 reflected a reversal in ernment. In addition, public investment data may East Asia and the Pacific, where flows fell 9 per- Yearbook, supplemented by World Bank staff estimates. include financial as well as physical capital invest- cent, to $53 billion. In contrast, flows to Latin Data on domestic credit are from the IMF's Intemational America and the Cadbbean Increased t0 percent, ment. As the difference between two estimated quan- to $42 billion. Financial Statistics, and data on government expendi- tities, private investment may be undervalued or ture are from the IMF's Govemment Finance Statistics overvalued and subject to large errors over time. Yearbook. Extemal debt figures are from the World (See the notes to table 4.9 for further discussion on Bank's Debtor Reporting System as reported in Global measuring domestic investment.) Development Finance 1998. Statistics on foreign direct investment are based on balance of payments data reported by the International 1998 World Development Indicators 257 El ~5.2 1Stock markets Market capitalization i Value traded Turnover ratio Listed dormestic IFC Investable companies index value of shares traded as ft of ftS cange in $ millions ft of GDP %of GDP capita.r zatoo price ondes 1990 1997 1990 1999 1990 1996 1990 1997 1990 1996 1996 1997 Argentina 3,268 59,252 2.3 15.2 0.6 1.5 33.6 49.5 179 147 18.7 17.4 Armeni'a .. 7 . 0.2 .. 0.1 . 08 .. 10 Australia 107,611 311,988 36.4 79.5 13.3 37.1 31.6 52.2 1,089 1,135 Austria 11.476 33.953 7.2 15.0 11.7 9.1 110.3 61.8 97 106 Azerbaijan... .......... Bangladesh 321 4.55-1 1.4 14.3 0.0 2.3 1.5 24.2 134 186 Belarus . . . .. .. Belgium 65,449 119,831 33.8 45.3 3.3 9.9 . . 182 139 Bolivia .. 114 . 1.6 .. 0.0 . 0.6 .. 10 Bosnia and Herzegovina Botswana 261 326 6.6 6.6 0.2 0.6 6.1 9.0 9 12 Brazil 16,354 255,476 3.4 29.0 1.2 15.0 23.6 85.8 581 551 29.8 21.8 Bulgaria .. 7 . 0.1 .. 0.0 . 0.1 .. 15 Burksina Faso . .. .. Burundi . .. .. Cambodia . .. . . Cameroon . .. . . Canada 241,920 486,268 42 6 83.9 12.5 45.8 26.7 62.2 1,144 1,265 Central African Republic Chile 13,645 72,046 44,9 888 2.6 11.4 5.3 10.5 215 291 -17.1 3.6 China 2,028 206,366 0.5 14.0 0.2 31.4 158.9 231.0 14 540 36.3 -25.0 Hong Kong, China 83,397 449,381 111,5 216.6 46.3 76.2 43.1 44.2 284 561 Colombia 1.416 19,530 3.5 20.1 0.2 1.6 5.6 10.2 80 189 5.9 30.4 Congo, Dem. Rep. . . . .. .. .. Congo, Rep. . . . .. .. .. costa Rica 311 782 5.5 8.7 0.1 0.2 5.8 3.5 82 114 C6te dI~voire 549 914 5.1 8.6 0.2 0.2 3.4 2.2 23 3 Croatia .. 581 . 3.2 .. 0.3 . 0.0 .. 61 Czech Republic .. 12,786 . 32.9 .. 15.4 .. 47.9 .. 1,588 16.9 -22.0 Denmark 39,063 71,688 30.3 41.1 8.6 19.9 28.0 54.2 258 237 Dominican Republic . . . . . . . . . Ecuador 69 1,946 0.5 10.2 .. 0.6 0.0 5.2 65 42 Egypt, Arab Rep. 1,765 20,830 4.1 20.9 0.3 3.6 .. 33.5 573 646 El Salvador .. 450 .. 4.3 .. 0.1 .. . . 49 Finland 22,72.1 63,078 16.9 50.9 2.9 18.1 . .. 73 ~ 71 France 314,384 591.123 26.3 38.4 9.8 18.0 . .. 578 686 Gabon . . . .. .. Gambia, The . . . . . . . Georgia . . . .. .. Germany 355,073 670,997 22.9 28.5 22.1 32.7 139.3 123.2 413 581 Ghana 76 1,492 1.2 23.5 0.0 0.3 0.9 1.1 13 21 Greece 15,228 34,164 18.4 19.7 4.7 6.7 36.3 73.8 145 224 0.3 33.7 Guatemala .. 168 O.11 . .,0 . 2.5 .. 9 Gu)nea-Bissau... ......... Honduras 40 338 1.3 8.5 .. 0.0 0.0 0.0 26 111 258 1998 World Development Indicators 5.2 Market capitalization Value traded Turnover ratio Listed domestic IFC Investable companies index value of shares traded as % of % change in $ millions % of GDP % of GOP capitalization price index 1990 1997 1990 ±.996 1990 1996 1990 1997 1990 1996 1996 1997 Hungary 505 14,975 1.5 11.8 0.4 3.7 6.4 73.4 21 45 99.9. 60.0 India 38,567 128,466 12.9 .34.4. 7.3 30.7 65.9 ..41.6. .6,200 8,800.. -2.0 5.8 Indonesia 8,081 29,105.7.1. 40.3 3.5.. 14.2 75.8 64.2 _125 253_' _16.4 - Iran, Islamic Rep. 34,282 1 7,008 28.0 . 4.3 . 30.4 22.2 97 220 Ireland .. 12,243 .. 17.6 76 67 ..24.5...7 Israel 3,324 45,268 6.0 39.6 10.1 -100.0 95.8 26.7 216. 655 . 21.7 Italy 148,766 258,160 13.6 21.4 3.9 8.5 26.8 43.8 220 244 Jamaica 911 1,887 21.4 42.6 0.8 0.9 3.4 2.5 44 46, Japan 2,917,679 3,088,850 98.4 67.2 54.0. 27.2 43.8 37.1 - 53. 13.41 Jordan 2,001 5,446 49.8 62.7 10.1 4.1 20.0 9.7 10 8 11 12.6 Kazakhstan . . . . . . . . . Kenya 453 .1,846 5.3 20.0 0.1j. 0.7 2.2 3.7 54 56. Korea, Dam. Rep.,. . . .. . . . Korea, Rep. 110,594 41,881 43.6 28.6 29 9 36.6.. 61.3 172.3 669 760 -38.7. -68 9 Kuwait .. 18.81 7 .. 51.1 .. 24.0 . . 2,071 2.334 7 Kyrgyz Republic .. .. 5 .. . .. 0.3 00 .. 3.7 27 27 Lao PDR... . Latvia .. 48. 279 .. 03 . 14.6 .. 34 Lebanon ......... ... Lesotho Libya .... Lithuania --900 .... .11.6 068 . 6 Macedonia, FYR........ Madagascar 7 . .. . ... Malaysia 48,611 93,608 113:6 ..309:6 25.4 .174:9.9 . 24.6 ...72.6 282 621 24.1 -72.9 .au it ni . I. ............... .. Mauritius 268 1,676 10.1 39 .0 . . . 5.4 13. 40 Mexico 32,725 156,595 12.5 3. 46 129 41 3.7 199 193 169.9 4. Moldova . . . .. .. M on oli .. . . . . .. .. . .. .. . Morocco .. . .. . 966 12,177 3.7 23.6 0..2 1.2 . 10.2 71 47. Mozambique .. .. ~~~~~~~~~ ~ ~ ~~.... .. .... ..... .... Myanmar ... . .. . . . Namibia 21 473 0.7 14.6 0.0 1.2 0.0 12.1 3 12 Nepal ..... -.208 .. 4.7 . 0.1 . 2.3 .. 90 .... ... . Netherlands 119,825 378,721 46.4 96.5 15.6 .86.5, 29.0 92.4 260. 217 New Zealand 8.835 38,288 24.5 58.8 5.4 15.2 17.3 28.1 171 158 Nicaragua . . . . . . . Nigeria 1,372 3,646 4.8 11.1 0.0 0.2 0.9 3.9 131 183 Norway 26,130 57,423 217.7 .364.4 1. 22.7 .. .54.4 70.3 112 158 .. .. Oman 945 2,673 9.0 164.4 1.1.... 1.8 12.3 213.3 55 143 Pakistan 2,850 10,966 7.1. .16.4 0..6 .9.3 .8.7 103.7 487 782 -19 3 26.9 Panama 226 831 3.4 10.5 0.0 0.1 0.9 1.1 13 16 Papua New Guinea . . . . . Paraguay .. 383 .. 4.0 . 0.3 .. 11.3 .. 60 Peru 812 17,586 2.5 20.2 0.3 6.2 19.3. 25.6 294 231 -.. 02.2 12.5 Philippines 5,927 31,361 13.4 96.2 2.7 30.4 13.6 34.8 153 216 13.1 -61.6. Poland 144 12,135 0.2 6.2 0.0. 4.1 89..7 78.4 9 83 71.8 -18.5 Portugal 9.201 38.954 13.7 23.7 2.5 6.9 16.9 66.8 181 158 26.2 44.4 Puerto Rico .. .. .. .. .. .. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~. ....... Romania .. 61 .. 0.2 .. 0. 7:2. 17 Russian Federation 244 128.207 0.0 8.5 .. 07 .. 19.4 13 73 1998 World Development indicators 259 Market capitalization Value traded Turnover ratio Listed domestic IFC Investable companies Index value of shores traded a's % of % change ~ Smillions N of GDP % of GDP capita. zat or price inoes i990 '1997 1990 199 1990 1996 1.990 1997 1990 1996 1996 1997 .Rwanda .. .. . SaUdi Arabia .. 40,961 .. 32.7 .. 5.0 15.6 .. 69 Senegal... ... ..... Sierra Leone . . . . . . . .. Singapore 34,308 150,215 91.6 159.7 54.2 45.4 .. 28.7 150 223 Slovak Republic 1 826 . 11.5 .. 12.2 .. 109.4 .. 816 Slovenia .. 663 .. 3.6 .. 2.2 .. 68.8 24 21 South Africa 137,540 232,069 128.9 191.3 7.6 21.5 .. 18.3 732 626 -19.2 -13.8 Spain 111,404 242,779 22.6 41.7 8.3 42.8 427 357 Sri Lanka 917 2,096 11.4 13.3 0.5 1.0 5.8 15.6 175 235 -8.6 22.3 Sweden 97,929 24 7,21 7 43.2 98.8 7.8 54.7 14.9 64.4 258 229 Switzerland 160.044 402.104 70.1 137.0 29,6 133.9 0.0 94.0 182 213 Syrian Arab Republic . . . . . . . .. Tajikistan .. .. .... . .. . .. Tanzania . . . .. .. .. Thailand 23.96 23.538 27.9 53.9 26.7 24.0 92.6 39,2 214 454 -41.1 -78.8 Trinidad and Tobago 696 1,405 13.7 25.7 1.1 2.0 10.0 8.3 30 23 Tunisia 533 4.263 4.3 21.8 0.2 1.4 3.3 6.8 13 30 Turkey 19,065 61,090 12.7 16.5 3.9 20.3 42.5 113.5 110 229 42.3 109.9 Turkmenistan Uganda Ukraine United Arab Emirates United Kingdom 848,866 1,740,246 87.0 151.9 28. 50.5 33.3 36.8 1.701 2,433 23.0~ United States 3,059.434 8,484,433 55.1 115.6 31.5 97.0 53.4 92.8 6,599 8,479 20.31 Uruguay 38 266 0.5 1.5 0.0 0.0 0.0 1.7 36 18 Uzbekistan .. 128 .. 0.5 . 0.3 -. ... 4 Venezuela 8.361 14.581 17.2 14.9 4,6 1.9 43.0 31.0 76 88 11 7.7 25.7 West Bank and Gaza . . . . . . . .. Yemen, Rep. Yugoslavia, FR (Serb./Mont.) 434 .., . 24 25 Zambia .. 229 .. 6.8 .. 0.1 - 1.0 .5 Zimbabwe 2,395 1.969 35.2 48.1 0.7 3.4 2.9 17.1 57 64 72.4 -46.8 Lo income 47.424 265.322 8.3 19.5 3.4 27,4 100.9 205.2 7.261 11,150 Exci. China & India 8,857 28,962 . .. . ... .. 1,061 1,810 Middle incomne 328.104 1,461.083 21.6 40.0 10.1 15.0 .. 39.5 4.195 8,895 Lower mciddle income 73,734 436.341 9.8 25.8 . 9.4 .. 34.5 1,859 3,664 Upper middle income 254,370 1.024,742 23.3 51.6 3.5 19.6 29.6 43.5 2.336 5.231 Low & middle income 375.528 1.726.405 18.5 34.4 5.5 18.4 .. 85.1 11,456 20,045 East Asia & Pacific 86.515 692.427 16.3 49.1 6.6 37.7 :118.3 208.5 774 2,084 Europe & Central Asia 19.065 103,563 2.1 19.5 .. 6.0 -. 45.5 110 3,42a Latin America & Carlo. 78.506 481,799 7.4 27.4 2.1 9,9 29.5 39.0 1,748 2,191 Middle East & N. Africa 6.210 51,373 .. 24.2 .. 2.6 .. 14.4 817 1,184 South Asia 42,655 139,879 11.6 29.7 6.0 24.7 54,5 23.1 6.996 10.102 Sub-Sarnaran Africa 142,577 257,364 56.3 123.1 4.1 13.3 .. 8.1 1,011 1,056 High income 9,023.827 18.451,257 56.4 78.5 32.5 54.6 48.8 75.1 17,733 22,359 a.Data refer to the Nikkel index. hoData refer to she FT 100 ondes. cOData refer to the S&P 500 indes, 260 1998 World Deseiopment Indicators 5.2 Financial market development is closely related to developing countries. The IFC Investable (IFCI) index * Market capitalization (also known as market an economy's overall development. At low levels of series includes country indexes (shown in table 5.2), value) is the share price times the number of shares development, commercial banks tend to dominate regional indexes, and the Composite index. The IFCI outstanding. * Value traded refers to the total value the financial system. As economies grow, special- Composite index tracks 1,426 stocks with a market of shares traded during the period. * Turnover ratio ized financial intermediaries and equity markets value of more than $769 billion in 31 emerging mar- is the total value of shares traded during the period develop. kets. The IFCI Composite index is the broadest index divided by the average market capitalization for the A variety of measures are needed to gauge a country's available, designed to measure returns on emerging period. Average market capitalization is calculated as level of stock market development Single measures suf- market stocks that are legally and practically open to the average ofthe end-of-period valuesforthe current fer from conceptual and statistical weaknesses such as foreign portfolio investment. It is a widely used period and the previous period. Listed domestic com- inaccurate reporting and different accounting standards. benchmark for international portfolio management panies is the number of domestically incorporated The stock market indicators presented in the table purposes. See IFC's The IFC Indexes: Methodology, companies listed on the country's stock exchanges include measures of size (marketcapitalization and num- Definitions, and Practices booklet for further infor- at the end ofthe year. This indicatordoes not include ber of listed domestic companies) and liquidity (value mation on the IFCI indexes. investment companies, mutual funds, or other col- traded as a percentage of GDP and turnover ratio). The lective investment vehicles. * IFC investable index percentage change in stock market prices in U.S. dollars price change is the U.S. dollar price change in the comes from the International Finance Corporation's stock markets covered by the IFCI index. Emerging stock markets Investable (IFCI) index, an important measure of perfor- have been volatile mance. Regulatory and institutional factors that can Data sources boost investor confidence, such as the existence of a % change '0 securities and exchange commission and the quality of 3 Data are from the IFC's investor protection laws, influence the functioning of I ' Emerging Stock Markets stock markets but are not included in this table. . I Factbook 1997, with supple- Stock market size can be measured in a number - m7g5*. - mental data from I FC. IFC col- of ways, each of which may produce a different rank- ' ; ilects data through an annual ing among countries. Market capitalization in U.S. . survey of the world's stock dollars gives the overall size of the stock market and exchanges, supplemented by as a percentage of GDP. The number of listed domes- WC * ' information provided by tic companies is an additional measure of market Composite Latin Asia Deveioping Reuters and IFC's network of correspondents. GDP emerging America Europe, the size. Market size is positively correlated with the abil- markets Middle data are from the World Bank's national accounts index Cast, and ity to mobilize capital and diversify risk. Africa data files. About the data is based on Demirgoc-Kunt Market liquidity, the ability to easily buy and sell * 1996 0e1997 and Levine (1996b). securities, is measured by dividing the total value Source: IFC Emerging Markets Database. traded by GDP. This indicator complements the mar- The Intemational inance Corporation's Investable ket capitalization ratio by showing whether market (IFCI) index covers 3± emerging markets. The size is matched by trading. The turnover ratio- figure shows the percentage change (in U.S. dollar terms) in emerging market stock prices for the shares traded as a percentage of market capitaliza- composite index, Latin America, Asia. and devel- tion-is also a measure of liquidity as well as of oping Europe. the Middle East. and Airica It was a rollercoaster year for emerging markets transactions costs. (High turnover indicates low in 1997. A stock market boon In Latin America and transactions costs.) The turnover ratio also comple- Eastern Europe was accompanied by substantial portfolio equityflows, but the onrset of the East Asian ments the ratio of value traded to GDP, because financlalcrisisIn July997-andItseffectsonother turnover is related to the size of the market and the regions later In the year-led to a general retreat value traded ratio to the size of the economy. A small. from new investments In emerging markets liquid market will have a high turnover ratio but a small value traded ratio. Liquidity is an important attribute of stock market development because, in theory, liquid markets improve the allocation of cap- ital and enhance prospects for long-term economic growth. A more comprehensive measure of liquidity would include trading costs and the time and uncer- tainty in finding a counterpart in settling trades. The IFC has developed a series of indexes for investors interested in investing in stock markets in 1a998 World Development Indicators 261 5.3 Portfolio investment regulation and risk Entry and exit regulations Composite Institutional Euromoney Moody's Standard & Poor's ICRG risk Investor country sovereign sovereign long-term rating credit credit- long-term debt rating ratinga worthiness debt rating rating Fore gn Domestic Foreign Domestic Repatriation Repatriation currency currency currency currency Entry of income of capita[ December September September January January January January 1996 1996 1996 1997 1997 1997 1998 1.998 1998 1998 Albania ... .52.8 11.6 21.7 Algeria ... .59.0 24.5 37.2 Angola ... .44.8 13.6 22.7 . Argentina Free Free Free 75.5 41.3 63.2 Ba3 Ba3 BB BBS- Armenia ... . 25.6 Australia .83.5 73.3 91.5 Aa2 Aaa AA AAA Austria ..82.5 86.5 94.4 Aaa Aaa AAA AAA AzerbaiUan ... .. . 25.1 . Bangladesh Free Free Free 66.0 28.5 44.6 . Belarus ...... 14.2 29.1 . Belgium ... .78.5 81.3 92.2 Aal Aal AA+ AAA Benin .. 17.4 25.0 . Bolivia 68.5 26.2 44.1 . Bosnia and Herzegovina Botswana Free Free Free 81.0 51.2 53.4 . Brazil Free Free Free 71.3 39.5 56.7 51 BB 5- 86+ Bulgaria Free Free Free 56.5 22.2 37.8 83 Burkeina Faso ..60.3 19.7 33.8 Buru ndi Cambodia ... . 20.3 Cameroon ..58.8 18.8 32.5 Canada ..84.8 82.1 95.4 Aa2 Aal AA+ AMA Central African Republic ... . 13.7 . Chad .. . .. 23.1 . Chile Rel. free Free Delayed r 80.3 63.5 78.2 ...A- AA China Speciel Free Free 75.0 57.8 71.3 43 . BBB+ Hong Kong. China ... .82.5 63.9 85.5 ...A+- AA- Colombia Auth. only Free Free 58.8 47.2 60.3 Baa3 ..BBS- 4+ Congo, Dem. Rep. ... .35.3 . . . Congo, Rep. ..52.0 7.0 27.7 Costa Rica Free Free Free 74.3 36.0 50.3 Bel B B SBB- C6te dilvoire Rel. free Free Free 63.8 20.1 37.0 . Croatia Free Free Free .. 33.6 52.7 Baa3 .. 55- A- Cuba ... .59.3 11.3 9.5 . Czech Republic Free Free Free 76.5 .. 71.7 Saal ..A Denmark ... .85.3 82.6 95.1 Aal Aea AA+ AAA Dominican Republic ... .74.3 24.8 42.8 ... + BB Ecuador Free Free Free 62.0 26.3 37.1 51 Egypt, Arab Rep. Free Free Free 71.3 39.7 55.4 ..BBS- A- El Salvador ... .73.5 27.5 54.2 B.. B SBBBr Eritreea.. .... .. Estonia. . .. 36.9 56.5 ... BBB A Ethiopia ..66.3 17.1 25.2 . Finland 86.0 76.6 92.8 Aal Aaa AA AAA France 81.3 88.4 93.0 Aaa Aaa AAA AMA Gabon ..68.3 24.5 36.4 Gambia, The ..71.5 .. 24.7 . Georgia ... 9.5 17.0 Germany ..80.5 91.3 95.4 .Aaa MAA MAA Ghana Free Free Free 63.5 31.5 45.6 Greece Free Free Free 76.3 53.0 77.8 Seal A2 Guatem'ala ..73.5 26.8 51.0 . Guinea-Bissau ..43.8 .. 15.4 Guinea .. S.5 14.9 28.7 . Haiti 5. 4.0 14.0 23.6 . Honduras ..59.5 18.9 41.2 . 26 2 1998 Worlt Development Irticators 5.3i1 Entry and exit regulations Composite Institutional Euromoney Moody's Standard & Poor's ICRG risk Investor country sovereign sovereign long-term rating credit credit- long-term debt rating rating' worthiness debt rating rating Foreign Domestic Foreign Domestic Repatriation Repatriation currency currency currency currency Entry of income of capital December September September January January January January 1996 1996 1996 1997 1997 1997 1998 1998 1998 ±998 Hungary Free Free Free 75.8 49.7 70.0 Baa3 888- A- India Auth. only Free Free 638.8 46.9.... 61.4 . 88+ 8BB+ Indonesia Rel. free Restricted Restricted 66.3 51.8 68.9 Baa3 888- A- Iran, Islamic Rep. .. .. .. 70.8 27.5 33.1...... Iraq 32.3 7.93. Ireland 66.0.. 76.7. 93.8 Aal ... s-...... Israel 67.5 52.9 76.6 A3 . -A- Italy.... ..... 81.3 754.4. 86.9 Aa3 Aa3 AA AAA Jamaica ReL. free Free Free 73.5 29.7 39 .3 ..... Japan ... .87.3 915.5 930. .. ... .Aaa .. AAA AAA Jordan Free Free ..Free 74~8.8 . 34:9 53-4 Ba3 88- ... 888- Kazakhstan .... . 2. 459 B3B- BB+ Kenya Rel. free Free Free 62.3 28.6 40.5 Korea, Dem. Rep. ... .38.3 4.75_ Korea, Rep. Rel. free Free Free 79.3 69.7 80-3 . + 888- Kuwait . .... ... .. .... 76.5 55.0 76.2..A A+ Kyrgyz Republic ... .. . 20.7 . LaoP D R .. .. .. .. .. 24.8~ ~~~~~~~~~~~~~~~~~~~11 ..... .............. .... . . .. Latvia Free Free Free . 32.6 57.7 .. 88 A- Lebanon 61.3 32.4 5. 18- 8 Lesotho ........ . 32.1..... Libya . .. 63.0 27.8 16.5 Lithuania Rel. free Free Free . 31.1 56.7 Ba2 888-. 888± Macedonia, FYR ... .. . 23.3 Madagascar 61.8 28.4 Malawi ~ ~ ~~~ ~ ~ ~~~~~~ ~~.. .. . --.. .. . 66'.5 21.0 30.5 ..........: ..... ... Malaysia Free Free Free 76.3 66.7 79.4 AlAPAA Mali .. . .. 1.5.7.4.4.2 ... Mauritani'a . .. .. 97 Mauritius Free Free Free . 51.9 71.3 8aa2 Mexico Free Free Free 70.8 43.5 63.5 8a2 Baa3 88 888+ Moldova -. ...6. a M ongol.i.a .. .. ...... . .... .... .. ... ... .. 65.8 38.4 Morocco 67.5 40.9 53,8 .... ...... ... Mozambique 48. 14.62, M yanm ar.... . ...... ... ..... .... .. .. 61-.0 21.0 32.2 ....... . ... Namibia Free Free Free 81.0 . 33.0 . Nepal... . 25.9 36-.6 Netherlands . .. 86.5 90.6 98.0 .AAA AAM New Zealand .... ... ..... ........ 81.8.. 73.1 92.2 Aal Ass AA+ AMA Nicaragua . ... .52.8 ..135.5 25.1 - Niger ... .30.6 Nigeria Free Free Free 57.0 -15.3 30.6 - Norway . .. 91.0 8. 96.6 Aaa Aaa AMA AMA Oman Rel. free Free Free 74.5 53.0 66.7 .. 88- Pakistan .Free Free Free 60.5 27.2+ 44.5 82 8+ Panama Free Free Free 72.8 33.6 57.2 Bal BB8+ B8+ Papua New Guinea 68.5 32.3 47 0.. .. Paraguay ... .72.8 33.5 48.8 .8 888- Peru Free Free Free 64.8 33.7... 50 1 88BB888- Philippines Special.. Free Free 72.3 .. 44.3 64 6 Bal. BB++. A- Poland Free Free Free 78.'3 50.2 66.7 Baa3 888- A- Portugal Free Free Free 82.3 71.2 91.1 Aa3 Aa2 AA-. AAA Puerto Rico......... ... Romania ... .60.3 3 4.1 50.5.8a3.88 888- Russian Federation Free Free Free 66.0 27.5 49.7 Ba2 B8- 1998 World Devalopment Indicators 263 5.3 Entry and exit regulations Composite Institutional Euromoney Moody's Standard & Poor's ICRG risk Investor country sovereign sovereign long-term rating credit credit- long-term debt rating rating' worthiness debt rating raig Foreign Domestic Foreign Domestic Repatriation Repatriation currency cLJrrency currency currency Entry of income of capital December September September January January January January 1996 1996 1996 1997 1997 1997 1998 1998 1998 1998 .Rwanda ... .. . 20.5 . Saud[ Arabia ... .76.8 54.8 74.3 . Senegal 764.0 21.2. 34.5 Sierra Leone ... 46.8 .6.5 19.1 . Singapore ..92.5 84.2 93.7 ...AAA AMA Slovak Republic Free Free Free 75.5 44.8 60.4 Baa3 ..BBB- A Slovenia Closed Restricted Restricted .. 36.9 73.0 A3 ..A AA South Afri'ca Free Free Free 73.8 46.4 67.8 Baa3 Baal BB+ 886+ Spain ..79.5 75.5 91.3 Aa2 Aa2 AA4 AAA. Sri Lanka Rel. free Restricted Restricted 64.3 32.1 46.3 Sudan ... .37.5 9.1 13.7 Sweden 813 7. 07 Aa3 Aal A+AA Swi.tzerland ....86.3 92.2 93.7 AA . A AMA Syrian Arab Republic 67.5 24.3 36.8 . Tajiktistan ... 25.6 Tanzania 63.3 18.7 32.6 Thailand Rel. free Free Free 71.3 59.9 66.8 Baa3 ..BBS A Togo ... .58.3 16.9 30.7 . Trinidad and Tobago Rel. free Free Free 77. 5 42.9 51.0 Bal SBB+ BBB± Tunisia ....7.5 47.9 59.9 Baa3 SSS- A Turkey Free Free Free 52.3 38.6 52.8 BI. B Turkmenistan ... .. . 24.6 Uganda ... .63.5 20.1 36.9 Ukraine ... 19.8 29.7 United Arab Emirates ..77.8 60.1 77.3 United Kingdom 83.3 88.4 97.6 Aaa Aaa MAA AMA United States ... .80.8 9. 100 ..Aaa MAA MAA Uruguay ... .68.3 43.4 58.5 Baa3 ..BBS- BSB+ Uzbekistan ...... 19.5 39.4 Venezuela ReL. free Free Free 70.8 35.4 52.2 Ba2 .. Vietnam 66.8 32. 5 50.3 West Bank and Gaza Yemen, Rep. Yugoslavia, FR (Serb./Mont.) 54.8 .. 17.5 Zambia Free~ Free Free 64.3 16.0 24.0 Zi mbabwe Free Free Free 63.3 33.8 40.9 Low income ..61.5 18.8 32.3 Excl. China & India ..61.3 18.7 32.2 Middle income ..70.8 35.4 53.4 Lower middle income 66.0 32.4 50.3 Upper middle income 75.5 48.1 66.7 Low & middle income 66.0 28.6 45.6 East Asia &Pcfc66.6 32.5 50.3 Europe & Central Asia 66.0 38.6 52.8 Latin America & Carib. ..70.8 33.6 50.6 Middle East & N. Africa ..70.5 34.9 53.4 South Asia ..65.2 30.3 45.5 Sub-Saharan Africa 62.3 18.1 31.6 High income 82.4 76.7 92.2 Note: For explanations of the terms used to describe entry and exit regulations see Dehinitions. a. This copyrighted maeorial is reprinted vvith permission from Institutional Investor, Inc., 488 Madison Avenue, New York. NY 10022 b. After one your. 264 1.998 World Development Indicators As investment portfolios become increasingly global, banks. Responses are weighted using a formula that - Regulations on entry into emerging stock mar- investors and governments seeking to attract foreign gives more importance to responses from banks with kets are evaluated using the following terms: free (no investment must have a good understanding of coun- greater worldwide exposure and more sophisticated significant restrictions), relatively free (some registra- try risk. Risk, by its nature, is perceived differently by country analysis systems. Countries are rated on a tion procedures required to ensure repatriation different groups. This table presents information on scale of 0 to 100, and ratings are updated every six rights), special classes (foreigners restricted to cer- country risk and creditworthiness from several major months. tain classes of stocks designated for foreign international rating services. Euromoney country creditworthiness ratings are investors), authorized investors only (only approved The information on the regulation of entry to and based on analytical, credit, and market indicators. foreign investors may buy stocks), and closed(closed exit from stock markets is reported by the The ratings, also on a scale of 0 to 100, are based or access severely restricted, as for nonresident International Finance Corporation (IFC) for emerging on polls of economists and political analysts supple- nationals only). * Regulations on repatriation of markets only. In many economies certain industries mented by quantitative data such as debt ratios and income (dividends, interest, and realized capital are considered strategic and are not open to foreign access to capital markets. gains) and repatriation of capital from emerging mar- or nonresident investors. Or foreign investment in a Ratings of sovereign foreign and domestic cur- kets are evaluated as free (repatriation done rou- company or in certain classes of stocks may be lim- rency debt by Moody's Investors Service are pre- tinely) or restricted (repatriation requires registration ited by national law or corporate policy. The regula- sented for obligations that extend longer than one with or permission of a government agency that may tions summarized in the table refer to "new money" year. These long-term ratings measuretotal expected restrictthetimingof exchange release). * Composite investment by foreign institutions; other regulations credit loss over the life of the security; they are not International Country Risk Guide (ICRG) risk rating may apply to capital invested through debt conversion intended to measure other risks in fixed income is an overall index, ranging from 0 to 100, based on schemes or to capital from other sources. The regu- investment, such as market risk. 22 components of risk. * Institutional Investor lations shown here are formal ones. But even formal Standard & Poor's ratings of sovereign long-term credit rating ranks, from 0 to 100, the chances of a regulations may have very different effects in differ- foreign and domestic currency debt are based on cur- country's default. * Euromoney country credit- ent countries because of the prevailing bureaucratic rent information furnished by the issuer or obtained worthiness rating ranks, from 0 to 100, the riskiness culture, the speed with which applications are by Standard & Poor's from other sources it considers of investing in an economy. * Moody's sovereign for- processed, and the extent of red tape. The effect of reliable. The ratings reflect several risk factors, such eign and domestic currency long-term debt rating entry and exit regulations may also be influenced by as the likelihood of default and the capacity and will- assesses the risk of lending to governments. Aaa graftand corruption, which are impossibleto quantify. ingness of the debtor to make timely payments of bonds arejudgedtobeofthebestqualityandCbonds Most risk ratings are numerical or alphabetical. interest and repayments of principal in accordance of the lowest quality. Numerical modifiers 1-3 are For numerical ratings, a higher number means lower with the terms of the obligation. The ratings measure applied to classifications from Aa to B, with 1 indicat- risk. For alphabetical ratings, a letter closer to the the creditworthiness of the debtor and do not take ing that the obligation ranks at the high end of its rat- beginning of the alphabet means lower risk. Readers into account exchange-related uncertainties for for- ing category. * Standard & Poor's sovereign foreign should refer to the data sources for more details on eign currency debt. and domestic currency long-term debt ratings are cat- the rating processes of the rating agencies. Risk rat- egorized as investment grade (AAA through BBB) and ings may be highly subjective, reflecting external per- speculative grade (BB through C). Ratings from AA to ceptions that do not always capture the actual CCC may be modified by the addition of a plus (+) or situation in a country. But these subjective percep- minus (-) sign to show relative standing within the rat- tions are the reality that policymakers face in the cli- ing category. mate they create for foreign private inflows. Countries that are not rated by credit risk rating agencies typi- Data sources cally do not attract registered flows of private capital. Note that the risk ratings presented here are not Data on emerging stock mar- endorsed by the World Bank but are included for their kets' entry and exit regula- analytic usefulness. tions are from the IFC's &nerging Political Risk Services' Intemational Country Risk sr-o. Marke Emerging Stock Markets Guide (ICRG) collects information on 22 components FiLhtoA 1iA x Factbook 1997. Information of risk, groups it into three major categories (politi- on country risk and credit- cal, financial, and economic), and converts it into a worthiness are from several single numerical risk assessment ranging from 0 to f sources: Political Risk 100. Ratings below 50 are considered very high risk, Services' monthly International Country Risk Guide; and those above 80 very low risk. Ratings are the monthly Institutional Investor; the monthly updated every month. Euromoney; Moody's Investors Service's Sovereign, Institutional Investor country credit ratings are Subnational and Sovereign-Guaranteed Issuers, and based on information provided by leading international Standard & Poor's Sovereign List in Credit Week. 1998 World Development Indicators 2s5 5.4 Financial depth and efficiency Domestic credit Liquid Quasi-liquid Interest rate Spread over provided by liabilities liabilities spread LIBOR banking sector Lendlng minis Lencing rate deposit rate mr uo L BOR percenitage percentage % of GDP % of GDP % of GDP points paLnts 1990 1996 1990 1996 1990 1996 1990 1996 1990 1996 Albania .. 44.9 .. 52.5 .. 23.6 2.1 7.2 16. 7 18.4 Algeria 74.7 42.4 73.6 12.9 24.9 12.9 Angola......... Argentina ..32.4 26.0 11.5 20.8 7.1 14.4 .. 3.2 ..5.0 Armenia 62.3 9.1 83.5 7.9 42.9 1.9 .. 34.2 .. 60.8 Australia 104.4 88.7 63.4 63.7 51.1 45.9 6.8 .. 12.2 Austria 123.0 130.9 89.4 91.7 75.7 75.2 Azerbaijan 57.2 11.3 33.5 9.8 11.6 2.7 ... . 156.5 Bangladesh 32.5 30.7 31.8 37.5 22.8 26.6 3.9 6.7 7.7 8.5 Beiaruas. 16.1 .. 15.2 .. 6.5 .. 31.9 .. 58.8 Belgium 77.2 154.1 48.6 82.2 29.6 62.2 6.9 4.4 4.7 1.7 Benin 22.4 10.8 26.7 24.8 5.9 8.0 9.0 ..7.7 Bolivia 33.3 57.5 26 .5 46.5 19.5 33.2 18.0 36.8 33.5 50.5 Boania and Herzegovina Botswana -49.7 -37.7 23.6 28.4 14.7 21.9 1.8 4.1 -0.4 9.0 Brazil 87.2 36.8 25.6 28.0 17.9 22.7 Bulgaria 126.8 150.6 73.4 73.8 53.6 59.T 9.9 48.8 43.4 118.0 Burkina Faao 13.7 6.7 21.3 23.1 7.5 5.4 9.0 ..7.7 Burundi 24.5 21.1 18.2 17.8 6.5 5.1 ...4.0 9.2 Cambodia .. 6.9 . 1.1. 7.1 .. 10.0 .. 13.3 Cameroon 31.2 16.4 22.6 12.6 10.1 5.8 11.0 10.5 10.2 10.0 Canada 86.6 102.1 74.9 78.7 60.3 6-1.1 1.3 1.7 5.7 0.6 Central African Republic 13.1 11.2 15 .6 23.2 1.9 1.7 11.0 10.5 10.2 10.0 Chad 14.4 15.3 20 .7 19.9 0.8 0.9 11.0 10.5 10.2 10.0 Chile 72.9 59.6 40.6 40.8 32.7 32.1 8.6 3.9 40.5 11.9 China ..90.0 98.0 79.2 112.2 41.4 67.0 0.7 2.6 1.0 4.6 Hong Kong, China 132.1 156.7 .181.7 175.3 166.8 160.7 3.3 3.9 1.7 3.0 Colombia 36.2 45.5 29.8 38.6 19.3 27.3 6.8 10.8 36.9 36.5 Congo, Dem. Rep. 25.3 1.6 12.9 2.2 2.1 2.2 . Congo, Rep. 29.1 16.2 22.0 15.1 6.1 2.5 11.0 10.5 10.2 10.0 Coata Rica 29.9 33.1 42.7 32.9 30.0 23.8 11.4 9.0 24.2 20.8 CMe d'lvoire 44.5 29.1 28.8 27.2 10.9 9.5 9.0 ..7.7 Croatia .. 46.4 .. 35.2 .. 24.2 499.3 16.9 1,153.9 17.0 Czech Republic .. 78.6 .. 91.4 .. 55.1 .. 5.8 ..7.0 Denmark 65.1 58.7 60.9 59.6 30.3 29.3 6.2 5.9 5.6 3.2 Dominican Republic 31..3 29.5 25.7 .27.0 13.1 16.9 . .Ecuador .17.2 31.7 .23.3 33.3 12.9 24.3 -6.0 ~ 13.0 29.2 49.0 Egypt, Arab Rep. 108.8 82.8 87.9 81.7 80.7 62.3 7.0 5.0 10.7 10.1 El Salvador 32.0 41.4 30.6 44.2 19.6 33.4 3.2 4.6 12.9 13.1 Eatonia 65.0 20.1 -136.2 27.0 93.5 6.4 .. 7.6 26.6 8.2 Ethiopia 67.5 45.1 42.2 42.1 12.6 17.7 3.6 4.5 -2.3 8.4 Finland 84.3 63.8 55.2 58.6 46.6 26.5 4.1 3.8 3.3 0.6 France 106.3 102.1 64.6 67.7 38.7 44.0 6.0 3.1 2.2 1.3 Gabon 20.0 15.0 17.8 14.4 6.6 5.0 11.0 ~ 10.5 10.2 10.09 Gambia, The 3.6 8.2 21.8 26.6 9.3 12.9 15.2 13.0 18.2 20.0 Georgia... Germany 110.0 136.7 64.4 68.1 44.2 45.4. 4.5 ~ 7.2 3.3 4.5 Ghana 13.2 21.4 14.1 17.3 3.4 5.6... Greece 103.8 84.2 90.1 82.5 72.5 64.2 8.1 7.5 19.3 15.4 Guatemala 17.4 19.4 21.2 24.7 11.8 15.7 5.1 15.1 15.0 17.2 Guinea 5.5 8.2 9.3 8.9 1.2 2.0 0.2 4.0 12.9 15.5 Guinea-Bissau 0.7 0.1 0.3 0.2 0.1 0.1 13.1 4.5 37.4 46.2 Haiti 32.9 27.4 31.4 48.0 15.9 26.2 . .. Honduras 40.9 26.0 33.6 34.0 18.8 21.1 8.3 13.0 8.7 24.2 266 1998 World Development Indicators 5.4 Domestic credit Liquid Quasi-liquid Interest rate Spread over provided by liabilities liabilities spread LIBOR banking sector Lending minus Lending rate deposit rate mines LIBOR percentage percentage % of GDP % of GDP % of GDP points points 1.990 1996 1990 1996 1990 1996 1990 1996 1990 1.996 Hungery 82.6 49.1 .43.8 .42:9.... 19.0 24..1 4.1 6.5 20.5 26.6 India 54.7 49.8 45.8 494.4 2. 32..3 . .8.2 10.4 Indonesia 45.5 54.6 40.4 52.5 291.1 42.7. 3.3 .... 2.0.... 12.5 13.7 Iran, Islamic Rep. .70.8 45.7 ... 57.6 40.8 .. 311.1 22.2 . Iraq Ireland ....I.....58.0 .84.5 45..1 75 6 32.8 6-1 5 5:0 ...I ....5.6 3.0 0.3 Israel 101.3 79.4 67.0 73.9 60.6 67.8 12:.0 6 2 18.1 15.2 Italy 90.6 95.0 71.0 62.0 35.7 29.4 7.3 5.6 5.8 6.5 Ja~maica .. 34.8 33.5 .51.0 53.4 37.8 36.4 6.6 18!8.8. 22:2.2. 38.5 Japan 266.8 295.1 187.5 203.3 159.6 167.6 3.4, 2.4 -1.4 -2.9 Jordan 117.9 86.1 131.2 91.6 77.8 61.9 3:3 3.5 .... 1.74.0 Kazakhstan .. 9.5 . Kenya 52.9. .52.8 .. 43.3 50:6 29 3. 35.6 5:.1 16.2 10.4 28.3 Korea, Dam. Rep. Korea, Rep. 65.3 74.5 54.3 84.0 45.5 73.8 0.0 13.3 1.7 3.3 Kuwait 243.0 103.2 196.8 92.7 158.4 77.8 0.4 2.7 4.1 3.3 Kyrgyz Republic .. . .... 27.9 53.1 Lao PDR 5.1 8.7 7.2 14.3 3.1 9.9 2.5 11.0 20.0 21.5 Latvia .. 13.0. 235.5 . 8-3.14.0 Lebanon 132.6 104.2 193.7 141.6 170.9 133.0 23.1 9.7 .. 316.6 19.7 Lesotho...... 30.1 -15.2 38.8 ..34.7 22.4 ... . 18.1 7.4. ..5.0 12.1 12.2 Libya....... 1..13 Lithuania .. 1517.4 . 5.8 . 18..7. 16.1 Macedonia, FYR .. ... . . Madagascar 26.8 14.6 18.2 21.4 5.4 8.5 5.3 13.8 17.5 27.2 Malawi 19.9 9.1 21.3 17.2 118.8 9.0 8.9 19.0 12.7 39.8 Malaysia 77.9 131.9 66.3 -121.5 44.3 91.8 1.3 1.9 -1.1 3.5 Mali 13.4 10.1 20.0 23.3 54.4 5.6. . 9.0 ...... 7.7 Mauritania 54.7 14.0 28.5 16.5. 7.0... .. 5.6 5.0. ..5: 1.7 Mauritius 45.1 63.9 .. 63..3 76.2 _49.1 .63.4 5.4 10.0 9.7 15:3 Mexico 42.5 40.6 24.9 37.7 187.1 28.3 Moldova 62.8 22.0 70.3 16.3 35.4 4.7 11.2 .... :.... 31.2 Mongolia 68.5 17.5 52.4 22A.4 13.8. 11.0 . 55.5 86.4 Morocco 60.1 74.8 61.0 72.1 ... 18.4 27.3 0.5 0.7 5.3 Mozambique 29.5 2.8 46.1 34.6 9.1 5.2 Myanmar 32.7 . 27.9 . 7.8 .. 2.1 4.0 -0.3 11.0 Namibia 19.2 .60.1 23.1 .... 486.6 ... 135.5 .. 28..4.. .. 10.6 6.6 17.4 13.6 Nepal 28.9 36.0 32.2 383.3.. 18.5 23.9 ..6.1 7.4 Netherlands 107.5 124.6 84.1. 84.3 60.1 57.1 8.4 2.4 3.4 0.4 New Zealand 74.4 89.7 65.4 79.5 32.2 41.3 44.4 3:8 7.7 6.8 Nicaragua 206.6 144.8 5.7 40.6 2.3 31.2 12.5 8.4 13.7 15.2 Niger 1.6.2 8.8 19.8 12.3 8.3 3.4 9.0 . 7.7 Nigeria 23.7 16.3 23.6 18.6 10.3 6.7 5.5 6.7 17.0 14.2 Norway 89.5 74.6 59.9 56 .6 277.0 .17.8 4.6 2.9 5.9 1.6 Oman 16.6 29.2 28.9 32.5 19.3 22.4 14.42.4 1.4 3.7 Pakistan 50.9 52.5 39.8 4. 10.0 21.3. Panama 52.7 74.4 43.6 70.5 .. 35.0 59.5 .. 3.6 ... 3.4 3.7 5.1 Papua New Guinea 35.8.. .. 28.0 35.2 36.4 240.0. 20.7 6.9 1.1 7.2 7.8 Paraguay 14.9 28.2 21.4 31.2 12.8 22.6 8.1 11.7 22.7 23.4 Peru 16.2 12.1 19.9 18.8 9.5 13.2 2,335.0 11.2 4,766.2 20.6 Philippines 26.9 72.2 36.8 58.7 28.2 48.1 4.6 5.2 15.8 9.3 Poland 19.5 35.4 34.0 37.2 17.2 23.6.. 462.5 6.1 495.9 20.6 Portugal 73.6 99.7 65.1 81.7 39.7 53.4 7.8 5.4 13.5 6.2 Puerto Nico .. .. .. .. .. .. .. ..~~~~~~~~~~~~~~~~~~~~~....... . .... ..... Romania 79.7. 4.2 60.4 27.1 32.7 17.3 ............ Russian Federation .. .24.8 16.3 ......... 7.5. ... .... 91.8.. 141.3 1998 World Development Indicators 267 @5.~54 Domestic credit Liquid Quasi-liquid Interest rate Spread over provided by liabilities liabilities spread LIBOR banking sector Lending minus Lending rate deposit rate -ninus LIBOR percentage percentage 1990 % fGP1996 1990 % fGP1996 1990 % fGP1996 1990 oit 1996 1990 pcns1996 Rwanda 17.0 10.6 14..8 17.5. 7.0 6.3 6.3 ..4.9 Saudi Arabia 58.7 38.0 47.9 51.2 21.9 24.6 . Senegal 33.7 21.8 22.9 21.2 9.7 8.2 9.0 ..7.7 Sierra Leone 26.3 52.3 14 .5 9 .9 4.0 3.8 12.0 18.2 44.2 26.6 Singapore 74.1 78.0 120.9 112.5 98.4 92.1 2.7 2.9 -1.0 0.7 Slovak Republic 60 1. . 70.6 40.7 .. 4.6 ..8.4 Slovenia 36.8 36.0 34.2 36.7 25.8 28.6 179.9 8.7 847.5 18.2 South Africa 102.7 160.2 47.1. 47.2 28 .9 20.0 2.1 4.6 12.7 14.0 Spain 109.0 105.9 76.6 80.5 45.3 53.0 5.4 2.4 7.7 3.0 Sri Lanka 43.0 35.0 35.2 41.3 22.9 31.2 -6.4 0.2 4.7 10.8 Sudan 29.9 -18.9 29.4 24.0 4.2 9.4 . Sweden 155 68.2 46.6 45.5 ... 6.8 4.9 8.4 1.9 Switzerland 179.0 183.4 146.7 147.3 119.9 119.0 -0.9 3.6 -0.9 -0.5 Syrian Arab Republic 56.6 45.7 54.7 53.4 10.5 13.9 . Tajikistan . .. .. .. Tanzania 39.2 17.4 22-.6 24.3 7.2 11.0 .. 23.6 .. 31.7 Thailand 90.7 98.8 74.7 79.5 65.8 70.4 4.3 5.9 8.2 9.6 Togo -21.3 25.8 36.1I .25.8 19.1 9.1 9.0 ..7.7 Trinidad and Tobago 58.5 54 .2 54.6 49.7 42.7 37.2 6.9 9.1 4.6 10.3 Tunisia 62 .5 65 .4 51.5 48.4 26.7 27.1 . Turkey 25.9 34.4 24.1 32.3 16.4 27.2 . Turkmenistan .. 1.7 .. 9.7 .. 0.8 Uganda 17.7 4.6 7.6 10.7 1.4 3.3 7.4 9.7 30.4 14.8 Ukraine 83.2 15.0 0.0 0.0 0.0 0.0 .. 46.3 .. 74.4 United Arab Emirates .35.2 48.6 470 56. 7 38.2 42.2 . United Kingdom 123.0 131.0 .. 2.2 2.9 6.4 0.4 United States 114.4 137.5 68.6 61.1 51.8 43.5 ...1.7 2.8 Uruguay 60.7 39.8 61.2 38.2 53.3 32.1 76.6 63.4 166.1 86.0 Uzbekistan . .. .. .. Venezuela 37.4 19.9 41.1 22.3 29.4 10.4 0.5 4.1 19.9 26.2 Vietnam 15.9 20.8 22.7 20.3 9.3 8.3 .. 10.4 .. 22.3 West Banlk and Gaza . .. .. .. Yemen. Rep. 62.0 29.0 56.3 40.5 10.7 16.6 Yugoslavia, FR (Serb./Mont.) . .. .. Zambia 64.5 56.2 23.8 17.9 12.6 11.2 9.5 11.7 26.8 48.3 Zimbabwe 53.8 55.3 54.0 50.7 39.2 32.3 2.9 12.7 3.4 28.7 Low Income 64.6 73.6 54.4 80.8 30.0 48.6 Excl. China & India 37.9 32.6 28.3 30.0 12.6 16.3 Middle Income 60.6 46.0 36.6 35.4 24.0 26.3 Lower mididle income 52.0 45.3 44.4 38.9 30.1 30.0 Upper middle income 65 .8 46.7 30.~6 32.0 19.6 22.8 Low & middle income 61.7 53.9 41.7 48.4 25.7 32.7 East Asia & Pacific 76.5 88.2 66.7 92.9 41.6 61.6 Europe & Central Asia .. 31.9 .. 28.9 .. 18.0 Latin.America & Carib. 59.7 35.7 23.5 26.9 17.6 21.7 Middle East & N. Africa 69.4 70.0 58.6 60.5 30.4 44.0 South Asia 52.4 48.3 43.4 47.3 27.0 30.3 Sub-Saharan Africa 59.6 84.5 37.0 38.5 18.5 15.8 High income 138.9 157.9 77.5 78.1 73.2 74.9 268 1998 World Development Indicators -r - i - - - - - - - -. - - - - - - - - - 5.4 0 Households and institutions save and invest inde- the margin between the cost of mobilizing liabilities * Domestic credit provided by banking sector pendently. The financial system's role is to interme- and the earnings on assets. Small margins are cru- includes all credit to various sectors on a gross basis, diate between them and cycle funds. Savers cial for economic growth because they lower interest with the exception of credit to the central government, accumulate claims on financial institutions, which rates andthusthe overallcostof investment. Interest which is net. The banking sector includes monetary pass these funds to their final users. As an economy rates reflect the responsiveness of financial institu- authorities, deposit money banks, and other banking develops, this indirect lending by savers to investors tions to competition and price incentives. The inter- institutions forwhich data are available (including insti- becomes more efficient and gradually increases est rate spread, also known as the intermediation tutions that do not accepttransferable deposits but do financial assets relative to GDP. This wealth allows margin, is a summary measure of a banking system's incur such liabilities as time and savings deposits). increased saving and investment, facilitating and efficiency. It may not be a reliable measure of effi- Examples of other banking institutions include savings enhancing economic growth. As more specialized ciency to the extent that information about interest and mortgage loan institutions and building and loan savings and financial institutions emerge, more rates is inaccurate, banks do not monitor all bank associations. * Liquid liabilities are also known as financing instruments become available, reducing managers, or the government sets deposit and lend- broad money, or M3. They are the sum of currency and risks and costs to liability holders. As securities mar- ing rates. The spread over LIBOR reflects the interest deposits in the central bank (MO), plus transferable kets mature, savers can invest their resources rate differential between a country's lending rate and deposits and electronic currency (MI), plus time and directly in financial assets issued by firms. the London interbank offered rate (ignoring expected savings deposits, foreign currency transferable The ratio of domestic credit provided by the bank- changes in the exchange rate). Interest rates are deposits, certificates of deposit, and securities repur- ing sector to GDP is used to measure the growth of expressed as annual averages, chase agreements (M2), plus travelers checks, foreign the banking system because it reflects the extent to In some countries financial markets are distorted currency time deposits, commercial paper, and shares which savings are financial. Liquid liabilities include by restrictions on foreign investment, selective credit of mutual funds or market funds held by residents. bank deposits of generally less than one year plus controls, and controls on deposit and lending rates. * Quasi-liquid liabilities are the M3 money supply currency. Their ratio to GDP indicates the ease with Interest rates may reflect the diversion of resources less MI. * Interest rate spread is the interest rate which their owners can use them to buy goods and to finance the public sector deficit through statutory charged by banks on loans to prime customers minus services without incurring any cost. Quasi-liquid lia- reserve requirements and direct borrowing from the the interest rate paid by commercial or similar banks bilities are long-term deposits and assets-such as banking system. And where state-owned banks dom- for demand, time, or savings deposits. * Spread over certificates of deposit, commercial paper, and inate the financial sector, noncommercial considera- LIBOR (London interbank offered rate) is the interest bonds-that can be converted into currency or tions may unduly influence credit allocation. rate charged by banks on loans to prime customers demand deposits, but at a cost. The indicators in the table provide quantitative minus LIBOR. LIBOR is the most commonly recognized No less important than the size and structure of assessments of each country's financial sector, but international interest rate and is quoted in several cur- the financial sector is its efficiency, as indicated by qualitative assessments of policies, laws, and regu- rencies. The average three-month LIBOR on U.S. dol- lations are needed to analyze overall financial con- lar deposits is used here. ditions. In addition, the accuracy of financial data Interest rate spreads vary dramatically depends on the quality of accounting systems, which Data sources are weak in some developing economies. Some of % these indicators are highly correlated, particularly Data on credit, liabilities, and the ratios of domestic credit, liquid liabilities, and interest rates are collected quasi-liquid liabilities to GDP, because changes in - from central banks and finance liquid and quasi-liquid liabilities flow directly from ministries and are reported in changes in domestic credit. Moreover, the precise the print and electronic ver- definition of the financial aggregates presented Pw sions of the International varies by country. Data on domestic credit and liquid Monetary Fund's International and quasi-liquid liabilities are cited on an end-of-year RFnancial Statistfcs. basis. : . ' ;. .' > , -: The indicators reported here do not capture the *: ,c- . _. activities of the informal sector-which remains an Soo.rce: 7ir, - important source of finance in developing economies. Personal credit or credit extended The spread between tanks' deposlt and lenoing ratas through community-based pooling of assets may be pmo%ldes information 3bout the efficl6nc, of the ff nnclal sector. compeUtion betwLon ins¶tutians. the the only source of credit available to small farmers, adquac of marf, for prudenaloprpses. tne costs small businesses, or home-based producers. And in ol resernt raquiremnents and omr naniung regiiations. ared the eitecriTensss of monetar, palict financially repressed economies the rationing of for- mal credit forces many borrowers and lenders to turn to the informal market and self-financing. 1998 World Development Indicators 269 5.5 Tax policies Tax Taxes on Domesitic taxes Export Import Highest marginal revenue income, on goods duties duties tax rate profits, and and services capital gains % of value Ircmxd al Corporate S of 95 of added of indaustry S of Sof rate oor ncomie ate GDP total taxes and services eorsimports % exceeding $ % 1996 1980 1996 1980 1996 I 1980p 1996. 1980 1996 19%97 1997 1997 Albania 216.6 ,. 10.7 .. 19.0 . . . 210.0 Argentina 11.9 0.0 11.2 2.8 5.0 0.0 0.2 0.0 8.5 33 120.000 33 Australia 23.0 67.6 71.5 5.4 5.4 0.5 0.0 8.5 4.5 47 39,582 36 Austria 33 .1 22.8 22.7 9.1 8.6 0.2 0.0 1.6 0.4 50 63.903 34 Azerbaijan .. . . . . . . . . 40 1,757 32 Bangladesh .. 14.8 .. 5.7 .. 3.9 .. 16.4 Belarus.. ..... ... . Belgiumn 43.3 40.2 35.9 . . . . .. 55 75,507 39 Bolivia 211.8 .. 7.6 .. .. 0.0 .. 5.1 13 .. 25 Beanie and Herzegovina Botswana. 17.5 45.5 51.3 0.3 2.0 0.1 0.0 21.8 17.1 30 16,680 15 Brazil .. 13.6 .. 9.0 . 0.0 .. 16.5 .. 25 20,789 15 Bulgaria 25.2 .. 25.4 M.96 . . . 5.5 40 2,630 36 Burkina Faso .. 20.1 . 2.9 .. 3.6 .. 20.7 Bururdi 11.2 20.4 25.1 10.1 12.0 24.4 7.1 21.5 13.4 Cambodia . . . .. .. .. Cameroon 9.4 23.7 23.4 4.1 5.4 7.5 5.1 21.3 19.7 60 14.313 39 Canada 18.5 60.8 54.7 . .. 1.1 0.0 4.6 1.7 29 43,178 38 Central African Republic . 1 7.7 .. 6.0 .. 9.2 .. 23.9 Chad . Chile. ...18.3 22.0. 21.9 12.4 .. 45 6.588 15 China 5.2 .. 12.0 .. 5.1 ..3.2 45 12.051 30 Hong Kong, C.i17 Colombia 13.6 28.9 40.8 3.4 7.6 6.7 0.0 12.3 8.7 35 49,934 35 Congo, Bern. Rep. 4.5 34.5 35.8 1.8 2.6 10.7 0.4 18.3 9.6 Congo, Rap. 63.8 .. 3.1. . 0.1 .. 14.0 .. 45 Costa Rica 22.5 14.6 12.9 6.6 10.1 6.7 2.5 6.8 9.2 25 24,559 30 Cdte dilvoire .. 14.0 .. 7.9 .. 8. . 28.9 .. 10 4.489 35 Croatia 42.8 .. 12.4 . 27.1 ..10.0 35 4,675 Czech Republic 34.1. . 15.2 .. 13.9 .. . . 4.0 40 27,660 39 Denmark 35.3 40.6 45.4 . .. . .. 0.1 0.1 60 . 34 Dominican Republic 14.7 24.8 17.2 3.8 6.3 6.2 0.0 15.0O 27.1 Ecuador 13.9 46.6 5665 2.5 4.6 3.0 0.0 16.3 8.3 25 61,861 20 Egypt, Arab Rep. 22.6 29.6 30.3 5.2 6.1 5.3 0.0 25.9 20.3 32 14.749 40 El Salvador 11.6 23.8 28.8 5.5 7.6 10.3 0.0 4.1 6.5 30 22,857 25 Estonia 31.0 .. 17.5 .. 17.7 .. . . 0.2 26 .. 26 Ethiopia .. 25.4 . 9.2 . 3.1.3 .. 16.4 Finland. 27.8 30.9 32.5 .. . . . 19 0.2 38 65.352 28 France 38.8 19.1 19.5 12.8 11.7 . .. 0.1 0.0 ... 33 Gabon .. 60.2 I.18 .. 14 .. 31.7 . 55. 40 Gambia, The .. 18.1 . 1.2 .. 0.5 .. 18.5 Germany 29.3 19.4 17.1 . .. . .. 0.0 0.0 53 77,400 30 Ghana .. 22.0 .. 4.6 .. 30.5 .. 14.5 .. 35 9,173 35 Greece 19.7 19.5 36.8 . .. . .. ... 45 68,820 40 Guatemala 7.7 14.4 20.7 .. 5.2 9.8 0.0 7.6 9.2 30 30,002 30 Guinea-Bissau . . . .. .. .. Honduras .. 32.9 .. 5.1 .. 7.5 .. 7.8 .. 40 196.382 15 270 1998 World Development Indicators Impor Tax Taxes on Domestic taxes ExpotIport Highest marginal revenue income, on goods duties duties tax rate profits, and and services capital gains 9t of value Individual Corporate % of % of added of industry % of % of rate on income rate GOP total taxes and services exports imports % exceeding $ S ±.996 ±.980 1,996 1.980 ±.996 1.990 1.996 1.980 1996 1.997 1.997 1.997 Hungary .. 22.1 .. . .. 0.1 .. 16.6 42 6,614 18 India 10:.5 21.9. 29.3 8.9 ......6~.0 . 1..8 0.1 26.4 27.8 40 3,359 40 Indonesia 148.8. . 82.0 58O.0. 2.4 ......60O 2.~2. 0.1 ... .5.7 2 6 30 20,982 30 Iran, Islamic Rep. 6.7 12.2 29.0 1.0 I1.7.2..5 4 7,03 1 Ireland 34.7 38.6 42.1 .. .. 6.2 3.9 48 15,732..... 36 Israel 33.4 47.3 42.7 17.4 ..... 4.6_ _ .. _ 50 57,730 36 Italy 40.7 32.1 34.8 ... 0.1 0.0 51 196,005 37 Jamaica . 35.1 15.62.25 149 3 Japan 74.7 .... .2.5 ...... 2.3 . . 50 258,398 38 Jordan 21.0 .170 156 16 6 .9 21.2 ..13.8 Kazakhstan . 40 . 30 Kenya 21.3 .333.3I.. 30.7 14.8 18.7 1.4 0.0 10.7 14 2 35 374..... 35 Korea, Dam. Rep. .. . . ..II.. .. Korea, Rep. 18.6 25.5 33.3 9.4 7.5 . 7.7 4.7 40 94,764 28 Kuwait 1.2 .636.6 .. 15.4 0.2 0.0 ....30... 3.4 0) 55 Kyrgyz Republic . Lao PDR... . Latvia 25.5 . 8.1 . 6 1.8 25 25 Lebanon 11.6 9.1 . . .. 11.2 Lesotho 15 6 . . . 351. Libya Lithuania 22.0 13.8 14.2 . 0.0. 1.8 33 29 Macedonia, FYR : 1' :: Madagascar ......... 8:2.2 . 17.1 188.. . 8.4 3.3 3~0 0:9. 17.6 ..... 28.6 Malawi . 389 .. 117.7 . 0.0 . 16 38 2,763 38 Malaysia 20.1 41.9 45.3 57.7 7.3 .. 91. 0 6. 9.1 3. 1 30 58,893 30 M ali 20.5 7.9 . ... 30.. 80... ... . ........... ........ ...... .. Mauritania : . Mauritius 16 3 17 3 15.7 4.8 6.1 86 00 16..2 14. 1 30 2,764 35 Mexico 12.8 36.9 32.4 8.3 8.7 0.6 0.0 10.1 3.7 35 21,173 34 Moldova ~~~~~~~~~...... ... Mongolia . .1. 8.7 . .- 292 7.,3 M. 5.0 Morocco ...... .. .. 220.0 .9~9 2.3 22.3 . 44 6,814 35 Mozambique . . ... . Myanmar 37.7 4.9 3 .4 127..2.... . 1. 3 . . 45 7 7.. ..... .......... Namibia.. . .. . 35 17,152 35 Nepal 10.4 66.6 15.3 8.0 90., 5.4 1:2 16.0. 10.4 Netherlands 42.6 33.1 27.7. 10.6 108. .......... 6 0 55,730 36 New Zealand.... I... 328.8 750.0 .. 67..7 6.9 ... ... .....01 1..... 0.0 .... 4.4 40. . .. 33 21,848 33 Nicaragua 23.9 8.9 11.8 11.3 -16.4 3.9 0.0 8.0 -11.7 30 20,202 30 Nigar . 28.1 . 4.5 26 17.0 Nigeri'a . . . 25 754 30 Norway 32.5 30.3 22.3 15.2 .159 .01 0.0 0~8 1.0 . .. 28 Oman 8.5 92.4 77.4 0.2 . 1-.40 5 Pakistan 15.3 16.8 203 8.6 10.8 1.9 00 2. 8 5 745 4 Panama 17.2 29.0 29.7 5.2 5.2 1.4 . 8.7 30 200,000 30 Papua New Guinea .189.9 67.5 .58.3.... 4.2 3~2 1.4 27.7 8.0. 16.0 35 14,900 25 Paraguay . 16.6 .. 2.7 .. 0.5 8.4 0 30 Peru 14.0 28.1.... 23.9 7.1 8.1 10.9 0.0 17.1 13.0 30 49,923 30 Philippines 16.7 236.6 37..1... 7.-8 6-.4 10 0 0 13.4 12.2 35 19,016 35 Poland 36.0_ . 28.3 . 12.3 . 0.0 . 10.7 44 14,542 40 Portugal 32'1 20.9 27.3 . . 0.0 0: 0 44 0.0 40 39,247 40 Puerto Rico. .. . .. . ... 33 50,000 20 Romania 26.4 0.0 34.0. 9~0 0.0 6.0 60 3,600 38 Russian Federation .17.4 578. .. 1..8 78 4.3 ....... 3.1 35 8,587 35 1998 World Development Indicators 271 5.5 Tax Taxes on Domestic taxes Export Import Highest marginal revenue income, on goods duties duties tax rate profits, and and services capital gains % of value Individual C orpo rate % of % of ~~~~~~added of industry % of % of rate on ir-Come rate GDoPf totalI tafxes and services i euports M ants fe6 erc'eecng $ 'A1 1998 1980 1996 1980 1996 I1980 1996 1980 196 199 7 1997 1997 Rwanda .. 20.7 .. 5.3.. ..... Saudi Arabia .. . . . . . .. . 0 . 45 Senegal .. 21.4 .. 7.5 .. 3.1 .. 26.9 .. 50 24.141 Sierra Leone 7.7 25.0 16.3 4.1 4.7 10.8 0.0 19.8 17.8 Singapore 16.2 47.0 41.5 4.1 5.3 . .. 0.9 .. 28 285,836 26 Slovakr Republic .. 42 33.861 Sloveni'a.. ... ... .... South Africa 25.9 64.0 54.3 64.4 11.8 0.1 0.0 3.0 2.5 45 21,440 35 Spain 28.9 25.2 31.9 ... 6.0 0.0 56 79,896 35 Sri Lanka 16.9 16.4 15.9 8.0 14.6 22.0 0.0 9.6 9.2 35 5.293 35 Sudan .. 17.2 .. 6.0 .. 3.3 -. 33.5 . Sweden 37.2 21.1 12.7 ... 1.5 1.0 30 30,326 28 Switzerland 21.5 15.1 12.7 . .. . .. 4.0 4.9 13 460,382 46 Syrian Arab Republic 18.4 24.7 28.9 1.8 .. 1.7 .. 11.6 Tajikiatan . .. .. .. Tanzania -. 35.2 -. 11.2 .. 9.2 .. 35 14.075 35 Thailand 16.9 19.3 35.0 8.6 8.5 4.4 0.1 11.1 6.6 37 158,479 30 Togo .. 38.6 .. 6.4 .. 3.3 .. 15.2 . Trinidad and Tobago 24.2 85.7 58.7 1.6 7.9 . .. 9.8 5.3 35 8,103 35 Tunisia 24 .9 19.2 18.8 8.7 7.2 1.0 0.2 18.8 19.6 Turkey 15.2 61.8 38.6 5.1 11.4 . .. 8.9 .3.2 55 14.877 25 Turkmenistan . .. ..-. . . Uganda .. 118 4.6 .. 55.8 .. 15.8 .. 30 4,800 30 United Arab Emirates 0.6 .. 0.0 0.0 . . . . . United Kingdom 33.6 43.4 38.9 .. 0.0 0.0 0.1 0.1 40 44,692 33 United Statea 19.4 61.6 58.2 0.9 .. . . 3.0 2.6 40 271.050 35 Uruguay 29.2 11.5 14.2 11.2 11.3 0.0 0.1 19.2 6.1 0 .. 30 Uzbekiatan . . . .. .. .. Venezuela 14.5 79.4 54.1 1.0 5.9 . . 9.6 10.2 34 .. 34 Vietnam .. . . 50 6,278 25 Weal Bank and Gaza.. . .. ... .... Yemen, Rep. 9.9 .. 35.2 .. 2.9 .. . . 20.3 Yugoalavia, FR (Serb./Mont.) Zambia 16.7 41.1 39.6 12.5 9.6 0.0 0.0 7.2 6.0 30 1,376 35 Zimbabwe .. 57.9 .. 8.4 .. . . 16.4 .. 40 5.597 38 272 1998 World Development Indicators _5.5 Taxes are compulsory. unrequited payments made to missing here is a measure of the uniformity of these * Tax revenue compises compulsory, unrequited, non- governments by individuals, businesses, or institu- taxes across industries and along the value added repayable receipts collected by central governments for tions. They are considered unrequited because gov- chain of production. Without such data no clear infer- public purposes. It includes interest collected on tax ernments provide nothing specifically in return for ences can be drawn about how neutral a tax system arrears and penalties collected on nonpayment or late them, although they typically are used to provide is between subsectors. 'Surplus" revenues raised by payment of taxes and is shown net of refunds and other goods or services to individuals or communities. The some governments by charging higher prices for corrective transactions. * Taxes on income, profits, sources of the revenue received by governments and goods produced under monopoly by state-owned and capital gains include taxes levied by central gov- the relative contributions of these sources are deter- enterprises are not counted as tax revenues. ernments on the actual or presumptive net income of mined by policy choices about where and how to Export and import duties are shown separately individuals and profits of enterprises. Also included are impose taxes and by changes in the structure of the because their burdens on the economy (and hence taxes on capital gains, whether realized or not, on the economy. Tax policy may reflect concerns about dis- growth) are likely to be high. Export duties, typically sale of land, securities, and other assets. Social secu- tributional effects, economic efficiency (including cor- levied on primary (particularly agricultural) products, rity contributions based on gross pay, payroll, or number rections for externalities), and the practical problems often take the place of direct taxes on income and of employees are not included, but social securty con- of administering a tax system. There is no ideal level profits, but they reduce the incentive to export and tributions based on personal income after deductions of taxation. But taxes influence incentives, and hence encourage a shift to other products. High import and personal exemptions are included. * Domestic the behavior of economic actors and country compet- duties penalize consumers, create protective barriers taxes on goods and services include all taxes and itiveness. -which promote higher-priced output and inefficient duties levied by central governments on the production, The level oftaxation is typically measured bytax rev- production-and implicitly tax exports. By contrast, extraction, sale, transfer, leasing, or delivery of goods enue as a share of GDP. Comparing levels of taxation lower trade taxes enhance openness-to foreign com- and rendering of services, or on the use of goods or per- across countries provides a quick overview of the fis- petition, knowledge, technologies, and resources- mission to use goods or perform activities. These cal obligations and incentives facing the private sec- energizing development in manyways. The economies include general sales taxes, turnover or value added tor. In this table tax data measured in local currencies growing fastest over the past 15 years have not relied taxes, excise taxes, and motor vehicle taxes. * Export are normalized by scaling variables in the same units on tax revenues from imports. Seeing this pattern, duties include all levies collected on goods at the point to ease cross-country comparisons. The table refers many developing countries have lowered tariffs over of export. Rebates on exported goods-that is, repay- only to central government data, which may consider- the past decade and, given the successful completion ments of previously paid general consumption taxes, ably understate the total tax burden, particularly in of the Uruguay Round of the General Agreement on excise taxes, or import duties-should be deducted countries where provincial and municipal govemments Tariffs and Trade (GATT), this trend is expected to con- from the gross receipts of the appropriate taxes, not are large or have considerable tax authority. tinue. In some countries, such as members of the from export duty receipts. * Import duties comprise all Low ratios of tax collections to GDP may reflect European Union, most customs duties are collected levies collected on goods at the point of entry into the weak administration and large-scale tax avoidance or by a supranational authority; these revenues are not country. They include levies for revenue purposes or evasion. They also may reflect the presence of a siz- reported in the individual countries' accounts. import protection, whether on a specific or ad valorem able parallel economy with unrecorded and undis- The tax revenues collected by governments are the basis, as long as they are restricted to imported prod- closed incomes. Tax collection ratios tend to rise with outcomes of systems that are often complex, con- ucts. * Highest marginal tax rate is the highest rate income, with more developed countries relying on taining many exceptions, exemptions, penalties, and shown on the schedule of tax rates applied to the tax- taxes to finance a much broader range of social ser- other inducements that affect tax incidence and thus able income of individuals and corporations. Also pre- vices and social security than less developed coun- influence the decisions of workers, managers, and sented are the income levels above which the highest tries are able to provide. entrepreneurs. A potentially important influence on marginal tax rates apply for individuals. As countries develop, they typically expand their both domestic and international investors is a tax sys- capacity to tax residents directly, and indirect taxes tem's progressivity, as reflected in the highest mar- Data sources become less important as a source of revenue. Thus ginal tax rate on individual and corporate income. the share of taxes on income, profits, and capital Figures for individual marginal tax rates generally refer The definitions used here are gains is one measure of a tax system's level of devel- to employment income. For some countries, the high- i . from the Intemational Monetary opment. In the early stages of development govern- est marginal tax rate is also the basic or flat rate, and U Fund (IMF) Manual on Govern- ments tend to rely on indirect taxes because the other surtaxes, deductions, and the like may apply. ment Finance Statistics. Data on administrative costs of collecting them are relatively tax revenues are from print and low. The two main indirect taxes are international electronic editions of the IMF's trade taxes (including customs revenues) and domes- Govemment Finance Statistics tic taxes on goods and services. The table shows "-' ' - ' Yearbook. Data on individual and these domestic taxes as a percentage of value added corporate tax rates are from Price Waterhouse's Individual in industry and services. Agriculture and mining are Taxes: A Worldwide Summary(1997) and Corporate Taxes: excluded from the denominator because indirect tax- A Worldwide Summary (1997). ation of these sectors is usually negligible. What is 1998 World Development Indicators 273 5.6 Relative prices and exchange rates Exchange ratte Official Ratio of Real Purchasing Interest rate Key arrangements exhange official to effective power parity agricultural rate parallel exchange conversion producer exchange rate factor prices rate ~ocal Ocal correnroy toiheat Maize currency units to Deposit Lend ng Reae. $ per $ per Classification Structure uni ts to $ 1990 = 100 international $ % s % metric toe metric ton 1996 1996 1996 1996 1996 1990 1996 1996 1996 1996 1995 1995 Albania ..... IF U 104.5 1.0 .. . . 16.8 24.0 8.2 347 178 Algeria MF U 54.7 0.4 .. 4.9 17.9 .. . . 399 336 Angola P U 59,515.0 . .. 22.3 38,483.348.5 . . Argentina P U 1.0 1.0 .. 0.3 0.9 7.4 10.5 10.0 93 66 Armenia IF U 414.0 . .. 0.0 82.4 32.2 66.4 -18.9 Australia F U 1.3 1.0 .93.4 1.4 1.3 .. . . 158 176 Austria FL U 10.6 1.0 86.2 13.4 13.7 1.7 . .. 270 159 Azerbaijan IF U 4,301.3 . .. 0.1 1,367.0 .. 162.5 -63.0 Bangladesh P U 41.8 0.8 .. 9.0 10.6 7.3 14.0 8.0 186 Belarus MF U. . . . 0.1 3,974.9 32.3 64.3 12.3 Belgium FL U 31.0 1.0 108.0 36.2 36.3 4.0 7.2 5.3 Benin P U 511.6 ... 109.3 160.1 ... ,.. 187 Bolivia IF U 5.1 1.0 95.4 0.9 1.5 19.2 56.0 35.4 187 137 Bosnia and Herzegovina P U Botswana P D 3.3 1.0 .. 0.8 1.3 10.4 14.5 4.2 .. 151 Brazil MF 0 1.0 1.0 .. 0.0 0.7 26.4 . .. 165 122 Bulgaria IF U 177.9 0.8 .. 1.1 45.3 74.7 123.5 4.7 55 61 Burkina Faso P U 511.6 ... 106.8 127.6 ... Burundi P U 302.7 0.8 100.6 47.8 89.7 .. 15.3 -5.9 Cambodia MF D 2,624.1 1.0 .. 8.8 16.8 11.0 Cameroon P U 511.6 .. 67.3 146.5 175.9 5.5 16.0 -0.9 Canada ..IF U 1.4 1.0 82.7 1.3 1.2 4.3 6.1 4.8 94 85 Central African Republic P U 511.6 1.0 64.5 96.2 111.0 5.5 16.0 4.2 .. 543 Chad P UJ 511.6 ... 74.1 99.7 5.5 16.0 5.4 318 127 Chile ME 0 412.3 0.9 123.8 97.5 176.8 13.5 17.4 9.7 215 168 China MF U 8.3 1.0 I. .1 1.7 7.5 10.1 3.8 126 98 Hong Kong, China ME U 7.7 1.0 . 6.1 7.8 4.6 8.5 3.0 Colombia MF U 1,036.7 0.9 143.9 115.0 336.9 31.2 42.0 20.7 216 185 Congo, Dem. Rep IF U 7,024.4 .. 82.6 0.0 7,299.4 ... Congo, Rep. P U 511. ... 194.4 261.9 5.5 16.0 11.2 .. 200 Costa Rica MF U 207.7 1.0 102.2 34.1 64.0 17.3 26.3 8.6 . 176 C6te dilvoire P U 511.6 .. 70.4 158.7 221.0 ... Croatia MF U 5.4 0.6 . ..5.1 5.6 22.5 16.6 Czech Republic P U 27.1 1.0 .. 5.8 13.1 6.5 12.5 -1.5 104 118 Denmnark FL U 5.8 1.0 105.6. 8.8 8.5 2.8 8.7 6.7 182 Dominican Republic ME 0 13.8 1.0 117.7 2.6 5.0 ... ... 311 Ecuador ME D 3,189.5 1.0 128 .8 195.2 1,018.1 41.5 54.5 19.4 186 182 Egypt, Arab Rep. ME M 3.4 1.0 .. 0.8 1.4 10.5 16.6 6.0 157 142 El Salvador ME U. 8.8 0.9 .. 3.6 5.6 14.0 18.6 10.3 .. 164 Eritrea ~MEl`. . . .. . . Estonia P U 12.0 0.8 .. 0.1 7.7 6.1 13.7 -6.8 Ethiopia IF U 6.4 0.6 .. 0.9 1.3 9.4 13.9 12.5 Finland FL U 4.6 1.0 68.3 6.2 5.9 2.4 6.2 5.1 199 France FL U 5.1 1.0 95.7 6.5 6.3 3.7 6.8 5.4 170 165 Gabon P U 511.6 .. 63.9 265.5 348.1 5.5 16.0 9.7 Gambia, The IF U 9.8 0.9 94.0 2.1 2.4 12.5 25.5 18.1 Georgia MF U .. 0.0 576.6 Germany FL U. 1:.5 1.0 122.2 ..2.0 2.8 10.0 8.9 167 168 Ghana IF U 1,637.2 1.0 .. 91.2 323.7 34.5 .. . . 144 Greece ME U 240.7 1.0 105.4 130.4 226.4 13.5 21.0 11.1 273 213 Guatemala I F U 6.0 1.0 .. 1.2 2.3 7.7 22.7 12.3 203 176 Guinea I F U 1,004.0 1.0 . *226.5 326.9 1 7.5 21.5 15.5 Guinea-Bissau P D 511.6 . .. 654.9 6,233.1 47.3 51.8 2.3 Haiti IF U 15.7 0.7 .. 1.6 5.0 . . . . 328 Honduras ME D 11.7 1.0 .. 1.3 3.6 16.7 29.7 7.0 .. 211 274 1998 World Development Iedicutors 5.6 Exchange rate Official Ratio of Real Purchasing Interest rate Key arrangement exchange official to effective power parity agricultural rate parallel exchange conversion producer exchange rate factor prices rate local local currenicy Wheat Maize currency unist Deposit Lending Reel $ per $ per Classification Structure units to $ 1990 = 100 itrainal $% % metric ton metric ton 1996 ±.996 1996 ±.996 1996 1990 1.996 1996 1996 1996 1995 1995 Hungary MF U 152.6 1.0 128O.0 31.1 ... 96.6 26.1 32.6 ...4..6 ..... 89 95 India ... .. IF ... U.. . 35.4 0.9 5.7. 8.3 16.0 8.4. 134 104 Indonesia MF U 2,342.3 ... . 1.0 . 564.6 776.7 17:3.3 .. 19.2 .... 9-.7 .. .... 7 ... 168 .. Iran, Islamic Rep. MEF 0 1,750.8 0.3 161 3 745.0 . 153 138 Iraq PDo0 3.3 0.0 ... . .... .. ... ... ... .... .......... Ireland FL U 0.6 1.0 72.1 0.7 ... 0.6 ... 0.3- 6 4.8 141 Israel MF U 3.2 1.0..... .1.8 2.8. 145.5 207.7 9..7 . ... Italy ~~~~FL U 1,543.0 1.0 79.0 1,412.1 1,612.6 6.5 12.1 7..3 196 189 Jamaica IF U 37.1 0.9 . 4.0 22.3 25.2 44.0 15-.8 ...... .....383 Japan IF... ..... 11 U 108.8 1.0 124.4 191.5 171.8 0.3 2.7 27.7... Jordan P U 0.7 1.0 0.3 0.3 6.0 9:5 4.2 212 137 Kazakhstan IF U 67.3 ... .... ....0.0. .O. 26..5 Kenya IF U 57.1 1.0 . .. 8.1 16.6 176 3. 22.0 97 140 Korea, Dem. Rep. Korea, Rep. MF ...U.. 804.5... 1.0 534.5 649.0 7:5 8.8 5.2 ........ 569 Kuwait P U 03 0.2 0.2 6.0 8:8.8 3.1 Kyrgyz Republic MF U 12.8 . 0.0 2.4 30.7 58.6 20.3 . Lao PDR MF U 921.1 1.0 176.7 289.5 16~0.0 27.0 .. 12.5 .... Latvia ME ... U .... 06 00 0.. O.3 11.7 25.8 . .. 9.7 .. 73. Lebanon IF U 1,571.4 1:0.0... ..... 844.5 15.5 252.2 15.0 Lesotho P U 43_.3 1.0 ....996 0.8 1.1 12.7 .17j.7 5..2 177 Libya P U 0.4 0.2 . . . Lithuania P U 4.0 . .9 8.4 2. -3.6 Macedonia, FYR ME U. 40.0 ... Madagascar IF U 4,0613.3 0.9 . 417.2 1,312.6 19.0 32:8. .9..6 ...... Malawi IF U 15.3 0.5 82.3 1.1 4.8 26.3 45.3 1.3 85 47 MaJaysia MF. U. 2:5 1.0 107.0 1.0 1.1 7-.1 9.0 0......O.8.. ..... ...... Mali MF U 511.6 ... 128.5 187.2 Mauritania IF U 137.2 .. 27.2 33.7 Mauritius MEF U .. 17.9 .0.9 . 6.0 7.5 10.8 2078.8 ... 14.0 ... .. .283 Mexico IF U 7.6 1.0 . 1.3 3.4 25.1 .. . 181 194 Moldova IF U 4.6 ....0..0.1.3 25.4 36.7 13.1......... . .... Mongolia IF U 5484.4 1.0. 2.3 ...114.2 36.4 91.9 .....58.5 .... Morocco P U 8.7 1.0 113.2 3.2 3.5 .. .. 1.00 9.6 274 246 Mozambique IF U 11,293 7.7 .0.9 ........ .... 230..2 ..1,933..1 ... ...... .... ... MyanmarP ..... D . .5.9 ...0:.0 ... ... . ...... ... 12.5 ... 16 5.5 . 16..5 Namibia P U 4.3 ... 1.2 1.7 126.6 19.2 8.4 199.. . 197 Nepal .......... P .... U. 56.7 0.8 . 6.8 10.4.. 1 9 5.9 Netherlands FL U 1.7 0.9 97.2 2.2 2.1. 3.5 5.9 4..4 New Zealand IF U 1:.5 1.0 107.2 1.5 1-.5. 8.5 12.3 .....10.2 Nicaragua MF U 8.4 ...I 1.0 80.6 0.0 1.8 12~3.3. 20.7 8.1...... 216 Niger P U 511.6 . . 96.7 116.7 . Nigeria P D0 21.9 0.3 149.2 3.6 19.7... 13.5 20.2 -23.6 580 254 Norway MF U 6.4 1.0 106.1 10.3 9.9 42.2 71.1. .2.4 394. Oman P U 0.4 1.0 . 0.3 0.2 6.9 9.2 5.5 Pakistan MF U 36.1 0.9 . 6.2 10.1 ....... 126 Panama P U 1.0 ... 0.4 0.4 7.2 10.6 8.8 . 257 Papua New Guinea IF U 1.3 ... 1.0 93.0 0.4 0.5 12.2 13.3 9.68 Paraguay IF U 2.062.8 0.9 118.8 462.7 1,144.1 17.2 28.9 15.~8 119 145 Peru IF U 2.5 1.0 . ... 0. 1 1.4. 14.9 26.1 15.2 28 20 Philippines IF U 26.2 0.9 129.9 63.0 8.9 9.7.. .14.8 5.3 . 194 Poland MF U 2.7 1.0 211.0 0.3 1.6. 20.0 26.1.. 6.5 153 Portugal FL U 154.2 1.0 115.4 92.4 119.4 6.3 11.7 8.1 187 179 Puerto Rico.. ... . ......... Romania IF UY.3,084.2 0.8 . 9.1 1,045.7 . 127 86 Russian Federation MEF U 5120.8 1.0 . 0.7 3,577.0 55.1 14. 69.6 1998 World Development Indicators 275 5.6 Exchange rate Official Ratio of Real Purchasing Interest rate Key arrangement exchange official to effective power parity agricultural rate parallel exchange conversion producer exchange rate factor prices rate local [ocal currency Wheat Maize currency unite to Deposit Lending Real $ per $ per CJassification Structure unite to $ 1990 = 100 international $ % % metro c on metroc ton 1996 1996 1996 1996 1996 1990 1996 1996 1996 1996 1995 1995 Rwanda IF U 306.8 0.9 .. 39.8 95.3 10.9 . .. 267 172 Saudi Arabi'a FL U 3.7 1.0 93.1 2.6 2.5.. , Senegal P U 511.6 . .. 142.5 182.6 .. . . . 140 Sierra Leone IF U 920.7 1.0 106.3 54.1 359.5 14.0 32.1 4.8 Singapore MF U 1.4 1.0 .. 1.6 1.6 3.4 6.3 3.7 Slovak Republic P U 30.7 0.9 .. 7.4 14.5 9.3 13.9 8.0 109 125 Slovenia MF U 135.4 0.9 . .. 105.1 15.0 23.7 12.6 194 144 South Africa IF U 4 .3 1.0 90.3 1.2 1.9 14.9 19.5 10.3 217 164 Spain FL U 126.7 1.0 91.5 105.1 121.1 6.1 6.5 5.0 227 222 Sri Lanka MF U 55.3 1.0 .. 11.5 18.1 16.0 16.3 4.8 .. 180 Sudan MF U 1,250.68 . . . .. . . . 209 Sweden IF U 6.7 1.0 79.1 9.5 9.7 2.5 7.4 6.4 142 Switzerland IF U 1.2 1.0 111.7 2.1 2.1 1.3 5.0 4.8 880 520 Syrian Arab Republic P M 11.2 0 .2 .. 10.4 14.0 Tajikistan IF U 2,204.3 . .. 0.0 57.7 Tanzania IF U 580.0 1.,0 .. . . 13.6 37.2 11.9 Thailand P U 25.3 1.0 .. 9.9 11.4 10.3 14.4 9.4 .. 142 Togo P U 511.6 .. 73.6 72.6 191.8 ... . 112 Trinidd and obagoIF U 6.0 1.0 85.2 3.2 3.8 6.9 15.8 11.2 .. 371 Tunisia MF U 1.0 1.0 .. 0.4 0.4 .. . . 291 Turkey MF U 81,404.9 1.0 .. 1,525.1 39,421.8 80.7 . .. 169 196 Turkmenistan MF D 404.4 . .. 0.0 907.1.. . Uganda I F U 1,046.1 0.9 87.7 118.2 302.3 10.6 20.3 14.0 Ukraine MF U 1.8 1.0 .. 0.0 0.7 33.6 79.9 9.6 United Arab Emirates FL U 3.7 1.0 .. 3.6 3.7.. . United Kingdom IF U 0.6 1.0 91.5 0.6 0.6 3.0 6.0 2.6 186 United States IF U 1 .0 .. 96.6 1.0 1.0 .. 8.3 6.2 127 89 Uruguay MF U 8.0 1.0 160.4 0.6 5.8 28.1 91.5 55.7 153 154 Uzbekistan MF M . . . 0.0 9.3.. . Venezuela MF U 417.3 0.9 117.9 16.5 151.3 27.6 31.7 -37.7 .. 222 Vietnam MF U 10,962.1 . .. 479.4 2,185.9 17.9 28.3 7.4 West Bank and Gaza . . . .. . . Yemen, Rep. IF U 94.2 ..46.1 . .. 367 416 Yugoslavia, FR (Serb./Mont.) Zambia IF U 1,203.7 0.9 97.7 15.6 500.3 42.1 53.8 13.5 Zimbabwe IF U 10.0 0.9 .. .8 2.9 21.6 34.2 9.9 224 139 Note: Exchange rate arrangements are given for the end of the yearin 1996. Exchange rate classifications: FL = flexibility limited. IF~ independent floating. MxF = mnanaged flouting, P= pegged. txchange rate structures: 0 - dual exchange rates, M - multiple exchange rates, U = unitary rate. 276 1998 World Development Indicators 5.6 In a market-based economy the choices households, the official exchange rate would buy in that country. The * Exchange rate arrangement describes the arrange- producers, and governments make about the alloca- alternative approach isto convert national currency esti- mentthat an IMF membercountry has furnished to the IMF tion of resources are influenced by relative prices- mates of GNP to a common currency by using conver- under Article IV, Section 2(a). Dxchange rate classification the real exchange rate, real wages, real interest sion factors that reflect equivalent purchasing power. indicates how the exchange rate is determined in the main rates, and commodity prices. Relative prices also Purchasing power parity (PPP) conversion factors are market when there is more than one market pegged (to a reflect, to a large extent, the choices of these agents. based on price and expenditure surveys conducted by single currency or composite of currencies), flexibility lim- Thus relative prices convey vital information about the International Comparison Programme (ICP) and rep- ited, or floating (managed or independent). Exchange rate the interaction of economic agents in an economy resent the conversion factors applied to equalize price structure shows whether counthes have unitary, dual, or and in relation to the rest of the world. levels across countries. See the notes to tables 4.10 multiple exchange rates. * Official exchange rate refers The exchange rate is the price of one currency in and 4.11 for further discussion of the PPP conversion tothe actual, principal exchange rate and isan annual aver- terms of another. Official exchange rates and factor. age based on monthly averages (local currency units rela- exchange rate arrangements are established by gov- Many interest rates coexist in an economy, reflect- tive to U.S. dollars) determined by country authorities or on ernments. Parallel, or "black market,' exchange rates ing competitive conditions, the terms governing loans rates determined largely by market forces in the legally reflect unofficial rates negotiated by traders and are and deposits, and differences in the position and sta- sanctioned exchange market. * Ratio of official to paral- by their nature difficult to measure. Parallel exchange tus of creditors and debtors. In some economies inter- lel exchange rate measuresthe premium people mustpay, rate markets often account for only a small share of est rates are set by regulation or administrative fiat. In relative to the official exchange rate, to exchange the transactions and so may be both thin and volatile. But economies with imperfect markets or where reported domestic currency for dollars in the black market. * Real in countries with weak policies and financial systems, nominal rates are not indicative of effective rates, it effective exchange rate is the nominal effective exchange they often represent the "going" rate. The parallel may be difficult to obtain data on interest rates that rate (a measure of the value of a currency against a rates reported here are collected by Currency Data & reflect actual market transactions. Deposit and lend- weighted average of several foreign currencies) divided by Intelligence, Inc., from a variety of sources, some ing rates are collected by the International Monetary a price deflator or index of costs. * Purchaslingpower par- within the country and some outside but doing busi- Fund (IMF) as representative interest rates offered by ity conversion factor is the number of units of a country's ness with entities based in the country. banks to resident customers. The terms and condi- currency required to buy the same amounts of goods and Real effective exchange rates are derived by tions attached to these rates differ by country, how- services in the domestic market as $1 would buy in the deflating a trade-weighted average of the nominal ever, limiting their comparability. Real interest rates United States. * Deposit Interest rate is the rate paid by exchange rates that apply between trading partners. are calculated by adjusting nominal rates by an esti- commercial or similar banks for demand, time, or savings For most industrial countries the weights are based mate of the inflation rate in the economy. A negative deposits. * Lending interest rate is the rate charged by on trade in manufactured goods with other industrial real interest rate indicates a loss in the purchasing banks on loans to prime customers. * Real Interest rate countries during 1989-91, and an index of relative, power of the principal. The real interest rates in the is the lending interest rate adjusted for inflation as mea normalized unit labor costs is used as the deflator. table are calculated as (I - P) /1( + P), where i is the sured by the GDP deflator. * Key agricultural producer (Normalization smooths a time series by removing nominal interest rate and P is the inflation rate (as prices are the domestic producer prices per metric ton for short-term fluctuations while retaining changes of a measured by the GDP deflator). wheat and maize converted to U.S. dollars using the offi- large amplitude over the longer economic cycle.) For The table also shows prices for two key agricul- cial exchange rate. other countries, prior to 1990, the weights take into tural commodities, wheat and maize. Prices received account trade in manufacturedJ and primary products by farmers, as used here, are important determi- Data sources during 1980-82; from January 1990 onward weights nants of the type and volume of agricultural produc- are based on trade in manufactured and primary tion. In theory these prices should refer to national Information on exchange rate products during 1988-90, and an index of relative average farmgate, or first-point-of-sale, transactions. arrangements is drawn from the changes in consumer prices is used as the deflator. But depending on the country's institutional arrange- IMFs Exchange Arrangements An increase in the real effective exchange rate rep- ments-that is, whether it relies on market wholesale and Exchange Restrictions resents an appreciation of the local currency. prices, government-fixed prices, or support prices- Annual Report 1997. Official Because of conceptual and data limitations, changes the data might not always refer to the same selling and real effective exchange in real effective exchange rates should be interpreted points. These data come from the Food and rates and deposit and lending with caution. Agriculture Organization (FAO), and most originated interest rates are from the IMF's The exchange rate is often used as a basis for con- from official country publications or from FAO ques- InternationalFinancial Statistics. Estimates of parallel mar- verting prices in different currencies because it is tionnaires. As the data show, prices received by farm- ket exchange rates are from Currency Data & Intelligence, observable in the market and available universally. But ers often are not equalized across international Inc.'s Global Currency Report. PPP conversion factors are because market imperfections are extensive and markets (even after adjusting for freight, transport, from the ICP and World Bank staff estimates. Real interest exchange rates reflect at mostthe relative prices of trad- and insurance costs and differences in quality). rates are calculated using World Bank data on the GDP ables, the volume of goods and services that a U.S. dol- Market imperfections such as taxes, subsidies, and deflator. Agricultural price data are from the FAO's lar buys in the United States may not correspond to what trade barriers drive a wedge between domestic and Production Yearbook. a U.S. dollar converted to another country's currency at international prices. 199S World Development indicators 277 ci~ ~. Defense expenditures and trade in arms Military expenditures Armed forces Arms trade personnel % of %of central TotalI % of Po"f" 0/' o f GNP government expenditure thousands labor forcE ~ total exports to:al rmoorts 1985 1995 1985 1995 1985 1995 1985 1995 I 1985 1995 1985 1995 Albania 5.3 1.1 10.9 3.2 .. 52 .. 3.2 0.0 0.0 0.0 0.0 Algeria 2.5 3.2 6 .3 6.9 170 120 2.9 1.4 0.0 0.0 5.1 2.2 Angola 19.9 3.0 . .. 66 82 1.7 1.7 0.0 0.0 118.0 13.7 Argentina 3.8 1.7 12.4 27.0 129 65 1.1 0.6 1.0 0.3 6.5 0.2 Armenia .. 0.9 .. 60 . 3.3 . 00 4.5 AuStralia 2.7 2.5 9.4 6.8 70 56 0.9 0.6 0.6 0.1 3.6 1.5 Austria 1 .3 0.9 3.3 2.2 40 45 1.1l 1.2 0.9 0.1 0.1 0.1 Azerbaijan .. 2.8 .. .. . .87 . 2.7 . 0.0 .. 0.0 Bangladesh 1.7 1.7 13.0 9.9 91 115 0.2 0.2 0.0 0.0 2.2 0.9 Belarus .. 0.6 . .. . 115 .. 2.1 .. 4.0 .. .0 Belgium 3.1 1.7 5.3 3.5 107 47 2.7 1.1 0.7 0.1 0.7 0.2 Benin 2.2 1 .2 8. .6 B 6 0.3 0.2 0.0 0.0 3.0 0.0 Bolii 3.3 2.3 22.6 9.5 26 26 1.2 0.9 0.0 0.0 0.7 0.7 Bosnia and Herzegovina .. 50 . 2.4 .. 0.0 . 20.0 Botswana 2.5 5.3 5.6 12.7 3 8 0.6 1.3 0.0 0.0 1.7 0.0 Brazil 0.6 1.7 2 .1 3.9 496 265 0.9 0.4 1.3 0.0 0.4 0.3 Bulgaria 14.1 2.8 32.5 6.3 189 66 4.2 2.0 4.7 2.6 7.3 0.0 Burkina Faso 1.9 2.9 18.7 12.0 9 9 0.2 0.2 0.0 0.0 6.0 0.0 Burundi 3.0 4.4 20.8 24.8 9 22 0.3 0.7 0.0 00 2.6 0.0 Cambodia .. 3 .1. . 35 90 0.9 1.6 0.0 0.0 .. 3.2 Cameroon 1.9 1.9 6.3 10.2 15 22 0.4 0.4 0.0 0.0 1.7 0.6 Canada 2.2 1.7 8.6 7.1 83 70 0.6 0.5 0.6 0.1 0.1 0.1 Central African Republic. 1.8 2.5 6.4 . 5 5 0.4 0.3 0.0 0.0 0.0 0.0 Chad 2.0 3.1 6.1 .. 16 30 0.6 1.0 0.0 0.0 12.0 4.5 Chile 4.0 3.6 11.4 17.5 124 102 2.6 1.6 2.1 0.0 0.7 2.4 China 4.9 2.3 23.6 18.5 4,100 2,930 0.7 0.4 Hong Kong, China . . . . . Colombi'a 1.6 2.6 10.3 16.2 66 146 0.6 0.9 0.0 0.0 0.5 0.4 Congo, Dam. Rep. 1.2 0.3 9.8 3.7 62 49 0.4 0.3 0.0 0.0 5.0 0.0 Congo, Rep. 4.0 2.9 9.2 .. 15 10 1.8 0.9 0.0 0.0 6.7 1.6 Costa Ri'ca 0.7 0.6 2.6 2.7 8 6 0.8 0.6 0.0 0.0 1.6 0.0 Cdt dvoire 1.2 1. 1 .. 4.2 6 15 0.2 0.3 0.0 0.0 1.1 0.0 Croatia .. 10.5 .. 32.0 .. 60 .. 2.7 .. 0.0 . 1.5 Cuba 4.5 1.6 . .. 297 70 7.0 1.4 0.1 0.0 27.4 0.0 Czech Republic .. 2.3 .. 6.6 .. 668 1.2 .. 0.6 . 0.0 Denmark 2.3 1.8 5.2 4.1 29 27 1.0 0.9 0.1 0.0 0.6 0.2 Dominican Republic 1.2 1.4 6.0 9.1 22 22 0.9 0.7 0.0 0.0 0.7 0.3 Ecuador 2.6 3.7 16.9 18.3 43 58 1.4 1.4 0.0 0.0 4.0 6.2 Egypt, Arab Rep. 12.6 5.7 22.1 13.7 466 430 2.9 2.1 4.9 0.0 30.9 16.2 El Salvador 5.7 1.1 29.1 7.4 48 22 2.9 1.0 0.0 0.0 12.5 0.7 Eritrea ... . . .. .. . 0.0 ..0.0 Estonia .. 1.1 -. 2.9 .. 6 .. 0.7 .. 0.0 .. 0.2 Ethiopia 6.7 2.2 28.9 9.2 240 120 1.2 0.5 0.0 0.0 80.6 0.0 Finland 1.7 2.0 5.4 5.1 40 32 1.6 1.2 0.0 0.0 0.6 0.1 France 4.0 3.1 8.8 6.6 563 504 2.3 2.0 7.0 0.6 0.1 0.1 Gabon 2.8 2.6 6.6 9.6 7 10 1.7 2.0 0.0 0.0 11.7 0.0 Gambia, The .. 4.6 16.2 1 1 0.3 0.2 0.0 0.0 10.8 0.0 Ge.org.ia .. 2.4 .. . . 5 . 0.2 . 0.0 .. 4.0 Germany, 3.2. 1.9 10.3 5.0 495 352 1.3 0.9 .. 0.2 .. 0.1 Ghana 1.0 1.4 7.2 5.8 15 7 0.3 0.1 0.0 0.0 0.0 0.0 Greece 7.0 5.5 13.6 10.8 201 213 5.0 4.8 0.7 0.1 2.9 2.2 Guatemala 1.6 1.3 17.0 14.2 43 36 1.6 1.0 0.0 0.0 2.6 0.2 Guinea .. 1.5 28 12 1.1 0.4 0.0 0.0 20.8 0.0 Guinea-Bissau 2.9 2.6 4.7 .. 11 7 2.5 1.Z 0.0 0.0 41.0 0.0 Haiti 1.5 2.9 7.5 21.6 6 0 0.2 0.0 0.0 0.0 2.3 0.0 Honduras 3.5 1.4 14.0 6.7 21 16 1.4 0.8 0.0 0.0 3.4 0.8 278 1998 WNorldt Deveolomn indicators Military expenditures Armed forces A'rmls trade personnel Exports Imports % of % of central Total % of % of % of GNP government expenditure throusands labor force total exports total imports 1985 ±1995 1985 1995 1985 1995 1L985 1595 1985 1.995 1985 1995 Hurigar 7.2 1.5 15.3 4.6 117 71 1.8 1.1 2.6 0.2 1.0 0.2 India 3.5 2.4 15.7 12.7 1,260 1,265 0.4 0.3 0.1 0.0 16.3 1.2 Indonesia 2.4 1.8 10.3 89.9. 278 280. 0 4... 0:3. 0.0 0.0 1.6 0.4 Iran, Islamic Rep. 7.7 2.6 34.1.. 1-3.6 345 440.... 2 5. 23. 0. 113.6. 1.2 2.2 Iraq.. ... 41.2 ... . .. ... ....... ....... 788 390 19.5 .. .7.2 ... 0.2 0.0 46.4 0.0 Ireland 1.7 1.3 2.9 3.4 14 13 1.1 0.9 0.0 0.0 0.1I 0.0 Iarael 20.3 9.6 27.2 21.1 195 185 1-1.9 8.5 10.8 4.1 10.9 1.1J Italy 2.2 ..1.8 .46 3.9 504 .... 435 2.1 1.7 1.7 .... 0.1 .... 0.3. 0.1 Jamaica .... 09.9.. 0.8 1.8 14.4 2. 3 0.2 .... 0.2 .. 0.0 0.0 0.9 0.0 Japan 1.0 1.0 5.6 4.2 241 240 0.4 0.4 0.1 0.0 0.8 0.2 Jordan 15.5 7.7 39.7 21.7 81 112 12.3 10.2 0.0 0.0 22.9 1.9 ....ha. a .... . .... . .... .. 0 .9 . .. .. . .. .. .... ....... 2 8 .. 0,3 . ..... 0.4 .... .... .7 2 Kenya 2.3 2.3 8.4 6.2 ... ...19 ....22.... 0.2 0~2 0.0 0.0 0.7 ..... 0.3 Korea, Dem. Rep. 20.0 28.6 .. . 784 1,040 8.5 88 25. . 21 5. Korea, Rep. 5.0 3.4 ..26.6 13.6 600 655 3.4 3.0 0.6 0.0 1.5 0.8 Kuwait 5.7 11.6 13.6 25.5 16 20. 2.4 2.4 0.0 0.0 6.2 11.6 Kyrgyz... Republic ... .... .... .. 0.7... ....13....0.7... 2.5. 0. 0.'' LaoPDR ... 7.4 4.2 . 22.3. 54 50 2.9 2.1 0.0 0P.0 48.8 0.0 Latvia .... . .. ..... ....0.9 .. 7 .. . . .0.5 . 0 00:3 Lebanon 3.7 . 9.7 21 55 2.2 4.2 0.0 0.0 2.3 0.5 Lesotho 5.3 1.92 5 2 2 0.3 0.2 0.0 0.0 0.0 0.0 Libya 12.0 6.0 ... 91 76 8.2 4.9. 0.8 0.0 39.0 0.0 Lithuania 0:5 2.1 .. 12. ....-.. 06 00 ..... 072 Macedonia, FYR 3.3 . . 16..1:6 00.. 0:0 Madagascar 1.9 0.9 8.0 5.0 27 21 ... 0.6.. 03.3. 0.0 0 .... 00...... 7.5 .... 1.0 Malawi 2.0 1.6 5.8 3.5 6.... 10 0.2 0.2 0.0 0.0 1.8 0.0 Malaysia .3.8 3.0 10.7 12.4. 110 122. 1.8 ..1.5 0.0 0 .01. 3.8 1.0 Mail ......... 2.9 1.8 8.1 . ..... 8. 8 .. 0.2 .. . 02.2 0.0 0.0 3.3 0.0 Mauritania 6.9 3.2 .. 25.0 9.3 16.. 10 1.9 1.0 0.0 0.0 0.0 0.0 Mauritius 0.2 04.4. 0.8 1.6 1. I.1. 0.3 .. 0.2 0.0 0.0 0.0 0.0 Mexico 0.7 1.0 2.6 5.1 .... 140.. 175 0.5 0.5 0.0 0...0 ~ . .0.2 0.0 Moldova .. 2.1 .... .... ..... 12 . 0.6 . 5.6 .0 Mongolia 8'3 2.4 13.1 7.0 38 21 4.2 17 0.0 0.0 0.5 0.0 Morocco 6.0 4.3 20.0 13.8 165 195 2.1 1.9 0.0 0.0 3.1 0.6 Mozambique 9.9 5.4 38.0 . 35 1 . . 0.0 0.0 63.70. Myanmar .. .1.9 ..2.9 18.7 12.0 9. 9. 0.0 0.0 0...0..' 0.0.. .17.7 10.5 Namibia.. 2.1 . . . 8 .. 1.2 0.. 0.8 Nepal .. . ... 1.1 .. . 0.9 ... ...6.2 . ...5.8 25 40.. 0.3 0.4 0.0 0.0 1.1 0.0 Netherlands 3.0 2.1 5.4 4.4 103 67 1.7 0.9 0.2 0: 1.. .. 0.8 0.1 New Zealand 2.0 1.3 4.5 33.3 13 10. 0.9 ....0.6. 00 0.0 1.3 0.3 Nicaragua 17.4 2.2 26.2 5.3 74 14 6.7 0.9 0.0 7.7 29.0 0.0 Niger 0.8 1.2 5.0 7.9 .... -.5 .. 9. 02.2 0.2 0.0 0. . 0... 0 .0 0..... 'D. .0.O: Nigeria1 8 9.4 3.5 134 89 . . . 0.0 38. 00 Norway 31 2:7 7.5 6.5 36 ... 3 8 1.8 :1.7 0.2 0.0 1.2 04 Oman ... 24.4 16.7 42.3 33.9 25 36 6.9 6.5 0.0 ..... ......4.4 10.8 Pakistan 6.2 6.1 ... 28.1 25.3 483 587 1.4 1.3 1.5 0.3 8.0 4.2 Panama 2.0 1.4 6.4 5.3 1 2 12 1.5 1.1 0.0 0.0 0.7 0.0 Papua New Guinea 1.5 1.4 4.5 5.6 3 5 0.2 0.2 0.0 0~.0 ~1.0 0......00 Paraguay 1.1 1.4 11.9 7.3 14 12 . 1.0 0....07 0.0 0.0 ... 4.0 0.0 Peru 6.7 1.7 36.3 9.3 18 115 2.0 1.3 00 .0 3.8 ... 3:0 Philippines 1.4 1.5 9.5 8.5 115 110 0.5 0.4 0.2 00 0 7 0 3 Poland 10.2 .... 2.3 40.7 5.4 439 278 . 2.0 11.3 0.2 4.2 0.3 Portugal 2.9 2.6 6.5 5.9 102 78.. 2.2 ...1.6 ..I .3.7 0.0 3.1. 0.3 Puerto Rico . .. .. .. Romania ..... .6.9..... 2.5 20.0 11.2 237 209 2.2 20.0 3.6 0.3 0.4 .... 0.0 Russian Federation .. 11.4 . 38.1 .. 1,400 . 1.8 .. 4.3 .. ..... 0.00 1998 World Development Indicators 279 U, ~5.7 Military expenditures Armed forces Arms trade personnel Exports mnports % of % of central Total % of % of Shof GNP governmen expenitur thousands labor force total exports Total imports 1985 1995 ±985 ±1995 1985 1995 ±985 1995 ±985 1995 1985 1995 Rwanda 1.7 5.2 9.4 23.3 5 33 0.2 0.8 0.0 0.0 0.0 0.0 Saudi Arabia. 22.7 13.5 27.0 41.0 80 175 2.1 2.8 0.0 0.0 30.1 31.3 Senegal 2.8 .1.6 8 .8 18 14 0.6 0.4 0.0 0.0 0.6 0.4 Sierra.Leone 0.8 6.1 5.0 28.9 4 14 0.3 0.8 0.0 0.0 0.0 0.0 Singapore 5.9 4.7 17.0 24.0 56 60 4.7 4.1 0.2 0.0 0.5 0.2 Slovak Republic .. 3.0 . 6.8 .. 52 . 1.9 . 0.8 .. 3.1 Sloveni'a .. 1.5 .. 3.5 .. 10 .. 1.0 .. 0.1 .. 0.3 South Africa 3.8 2.2 11.6 6.7 95 100 0.8 0.6 0.5 0.4 0.2 0.6 Spain 2.4 1.6 6.9 5.6 314 210 2.1 1.3 2.4 0.1 0.6 0.6 Sri Lanka 2.9 4.6 8.4 15.7 22 110 0.4 1.5 0.0 0.0 1.6 3.1 Sudan 3.2 6.6 .. 37.6 65 89 0.6 0.9 0.0 0.0 7.8 8.4 Sweden 3.0 2.8 6.1 5.8 69 51 1.6 1.1 0.6 0.4 0.3 0.0 Switzerland 2.4 1.6 .. 6.0 23 29 0.7 0.8 1.2 0.1 2.4 0.0 Syrian Arab Republic 21.8 7.2 42.0 .. 402 320 13.9 8.0 0.0 0.0 37.8 1.5 Tajikiatan .. 3.7 8 .. 0.4 .. 1.4 .. 0.0 Tanzania 3.8 1.8 12.8 8.4 43 35 0.4 0.2 0.0 0.0 3.8 0.0 Thailand 4.2 2.5 .19.7 15.2 235 288 0.8 0.9 0.0 0.0 2.1 1.6 Togo 2.6 2.3 6.9 10. 7 12 0.6 0.7 0.0 0.0 0.0 0.0 Trinidad and Tooago .. 1.7 .. 4.0 2 3 0.4 0.6 0.0 0.0 0.0 0.0 Tunisia 3.6 2.0 8.8 6.3 38 35 1.5 1.0 0.0 0.0 11.2 0.5 Turkey 4.6 4.0 17.9 17.6 814 805 3.8 2.9 1.5 0.3 4.4 2.0 Turkmenistan .. 1.7 .. .. 21 .. 1.1 . 0.0 .. 4.2 Uganda 2.0 2.3 15.6 13.3 15 52 0.2 0.5 0.0 0.0 3.1 0.0 Ukraine .. 2.9 .. 7.8 . 476 .. 1.8 . 1.4 .. 0.0 United Arab Emirates 6.7 4.8 43.5 38.4 44 60 6.1 5.3 0.0 0.0 3.4 1.8 United Kingdom 5.1 3.0 12.6 7.2 334 233 1.2 0.8 1.6 2.1 0.7 0.1 United States 5.1 3.8 25.7 17.4 2,244 1,620 1.9 1.2 6.3 2.7 0.5 0.1 Uruguay 2.9 2.4 10.6 7.3 30 25 2.4 1.7 0.0 0.0 0.0 0.2 Uzbekistan .. 3.8 .. -. . 21 .. 0.2 . 0.3 .. 0.0 Venezuela 2.1 1.1 9.2 6.3 71 75 1.2 0.9 0.0 0.0 6.5 0.8 Vietnam 19.4 2.6 .. 10.9 1,027 550 3.5 1.5 2.7 0.0 94.3 2.7 West Bank and Gaza . . . . . . . . . Yemen), Rep. .. 15.7 .. 29.4 .. 68 .. 1.5 3 .0 . 13.9 Yugoslavia, FR (Serb./Mont.) 3.7 .. 54.8 .. 258 .. 5.7 .. 4.2 .. 0.2 Zambia .. 2.8 .. 12.6 16 22 0.6 0.6 0.0 0.0 4.6 0.6 Zimbabwe 5.7 4.0 14.4 10.5 46 40 1.2 0.8 0.0 0.0 0.0 0.0 Note: Data for somne countries are based on partial or ascertain data or roagh estimates; see ACDA 1997. a. Data prior to 1990 refer to the Federal Republic of Germany before unification. b. U.S. Arms Control and Disarmnament Agency aggregate mneasures. 280 1998 World Development Indicators 5.7 Although national defense is an important function of military grants in kind, pensions for military person- * Military expenditures for NATO countries are government, and security from external threats con- nel, and social security contributions paid by one part based on the NATO definition, which covers military- tributes to economic development, high levels of of government to another. Official government data related expenditures of the defense ministry (includ- defense spending place a burden on the economy may omit parts of military spending, disguise financ- ing recruiting, training, construction, and the and may impede growth. Determining the appropriate ing through extrabudgetary accounts or unrecorded purchase of military supplies and equipment) and level of defense spending is not easy, but concerns use of foreign exchange receipts, or fail to include other ministries. Civilian-type expenditures of the about perceived vulnerability and risk play an impor- military assistance or secret military equipment defense ministry are excluded. Military assistance is tant role. Comparisons between countries should imports. Current spending is more likely to be included in the expenditures of the donor country, take into account the many factors that influence reported than capital spending. In some cases a and purchases of military equipment on credit are such perceptions including historical and cultural tra- more accurate estimate of military spending can be included at the time the debt is incurred, not at the ditions, the length of borders that need defending, obtained by adding the value of estimated arms time of payment. Data for other countries generally the quality of relations with neighbors, and the role imports and nominal military expenditures. This cover expenditures of the ministry of defense of the armed forces in the body politic. method may understate or overstate spending in a (excluded are expenditures on public order and Although the traditional secrecy shrouding data on particular year, however, because payments for arms safety, which are classified separately). * Armed defense spending and trade in arms is gradually lift- may not coincide with deliveries. forces personnel refers to active-duty military per- ing, data from governments are often incomplete and Data on armed forces refer to active-duty military sonnel, including paramilitary forces if those forces unreliable. Even in countries where parliaments vigi- personnel, including paramilitary forces. These data resemble regular units in their organization, equip- lantly review government budgets and spending, exclude payments to civilians from the defense bud- ment, training, or mission. * Arms trade is exports defense spending and trade in arms often do not get and so are not consistent with the data on mili- and imports of military equipment usually referred to receive close scrutiny. Finance ministries also may tary spending. Moreover, since they exclude as "conventional," including weapons of war, parts not exercise due oversight, particularly in countries payments to personnel not on active duty, they under- thereof, ammunition, support equipment, and other where the armed forces have a strong political voice. estimate the share of the labor force that works for commodities designed for military use. See About For a detailed critique of the quality of such data, see the defense establishment. Because governments the data for more details. Ball (1984) and Happe and Wakeman-Linn (1994). rarely report the size of their armed forces, such data The International Monetary Fund's (IMF) Govern- typically come from intelligence sources. The ACDA Data sources mentFinanceStatistics isthe primarysourcefordata attributes its data to unspecified U.S. government on defense spending. It uses a consistent definition sources. Data on military expenditures, of defense spending based on the United Nations' The Standard International Trade Classification armed forces, and arms trade classification of the functions of government and the (SITC) does not clearly distinguish trade in military are from the ACDA's World North Atlantic Treaty Organization (NATO) definition. goods. For this and other reasons, customs-based Military Expenditures and The IMF checks data on defense spending for broad data on trade in arms are of little use, so most com- Arms Transfers 1996 (1997). consistencywith other macroeconomicdata reported pilers rely on trade publications, confidential govern- to it but is not always able to verify the accuracy and ment information on third-country trade, and other completeness of such data. Moreover, country cov- sources. The construction of defense production erage is affected by delays or failure to report data. facilities and licensing fees paid for the production of Thus most researchers supplement the IMF's data arms are included in trade data when they are spec- with independent assessments of military outlays by ified in military transfer agreements. Grants in kind organizations such as the U.S. Arms Control and are usually included as well. Definitional issues Disarmament Agency (ACDA), the Stockholm include treatment of dual-use equipment such as air- International Peace Research Institute (SIPRI), and craft, use of military establishments like hospitals the International Institute for Strategic Studies (IISS). and schools by civilians, and purchases by non- However, these agencies rely heavily on reporting by government buyers. ACDA data do not include arms governments, on confidential intelligence estimates supplied to subnational groups. Valuation problems of varying quality, on sources that they do not or can- arise when data are reported in volume terms and not reveal, and on one another's publications. Data the purchase price must be estimated. Differences presented in this table are from the ACDA. between sources may reflect reporting lags or differ- Definitions of military spending differ depending ences in the period covered. Most compilers revise on whether they include civil defense, reserves and their time series data regularly, so estimates for the auxiliary forces, police and paramilitary forces, dual- same year may not be consistent between publica- purpose forces such as military and civilian police, tion dates. s99s World Development Indicators 281 5.8 State-owned enterprises Economic Investment Credit Net financial Overall Employment Proceeds activity flows from balance from government before privati- transfers zation 8 of gross % of gross domestic domestic % of GDP investment credit %of GDP 'I, of GDP % of tora $ mi I 0ns 1985-90 1990-95 1985-90 1990-95 1985-90 1990-95 1985-90 1990-95 1985-90 1990-95 1985-90 1990-95 1990-96 Algeria .. . . . . 38.5 ... ... 7.20 . 18.5 Argentina 2.7 1.3 9.4 3.0 . .. -0.6 -0.1 2 6 .. 16,323..7 Armenia . .. . .. ... ... ... ... 79.2 Australia . .. 15.0 ..-b. Azerbaijan .. . . . . 65.4 . . . Bangladesh' 3.1 3.4 33.5 23.5 17.4 12.0 .. -0.7 -3.9 -3.6 . .. 66.1 Belgium 2.8 . 7.8 . .. 0.5 . . . Bolivia 13.9 13.8 25.9 26.0 12.3 6.1 -7.60 -8.2 7.90 7.2 2.30 . 89.7 Bosnia and Herzegovina Botswana 5.6 5.6 1 16.50 23.201 9.4 6.0 -0.30 -030 1 2.60 -6.2 6.301 5.603 Brazil 7 .6 8.0 13.0 8.6 14.0 4.2 -0.6b -2.2 0.90 3.3 . .. 22402.1 .Bulgaria .. 38.9 . .. . . . .. 434.3 Burkina Faso . .. . .. ... ... ... . .. 12.0 Burundi 7.3 .. 41.1 .. 9.3 12.0 2.7 .. . . 32.111 4.2 Cambodia .. . . . . 1.2 . . . Cameroon 18.0 .. . . 13.0 7.5 1.3 .. . . . . 82.1 Central African Republic 4.1 .. . . 12.5 11.1 . .. -3.1 . Chad .. . . 32.5 15.9 .. . ... Chile 14.4 8.1 15.3 6.1 2.0 1.7 -8.60 -4.8e 8.70 4.8e . . 1,107.3 Chinaf 29.2 24.9 . .. . .. 7.7 7.4 10,411.4 Hong Kong. China.. ... . ... Colombia 7.0 .. 13.5 .. 5.2 1.5 -0.6 .. 0.6 . 4,606.3 Congo, Dem. Rep.. 18.8 .. 1.0 5.0 .. . Congo, Rep.1.0 . 12 .8 8.1 Costa Rica 8.1 . 8.5 11.0 . .. -1.9 .. 1.9 .. 77.7 CMe dilvoire .. 21.40 . . . .. . .. 261.1 Croatia .. . . 4.2 .. . . 417.6 Cuba . .. ... . .. ... 1,412.0 Czech Republic .. . . 22.4 . .. ... 659.1 Denmark Dominican Republic 11.6b . 15.0 11.1 .. . .. . Ecuador 10.2 .. 12.7 .. 0.3 0.5 0.3 .. -1.2 .. . . 191.9 Egypt, Arab Rep.... 65.5 .. 21.5 18.5 -0.7 .. -2.6 .. 13.8 El Salvador 1.80 . 7.1 .. 3.2 0.0 0.10 . -0.3 3 Estonia .. . . . . 23.5 . ... .. . .. 359.5 Finland.. .... F r a n c e 1 1 .2..... . ........ Gabon . ..5.2 3.3 . .. . .. 25.1 Gambia. The 3.8 ... . 2.90 Georgia.. . .. . ... G er a n ............... .... .... Ghana 8.5 .. 18.5 .. 12.4 10.0 0.40 . . 34.31 . 1,368.9 Greece 11.5 .. 20.2 . . . Guatemala 1.9 .. 8.0 .. . . 0.21 0.0 Gui nea .. . . . . 0.8 . Guinea-Bissau . .. . .. 13.2 8.9 . .. ... 0.7 Haiti . .. 11.3 .. 7.7 3.9 . . . Honduras 5.5 .. 15.1 .. . . 0.0 .. -0.9 .. 79.4 282 1998 World Development Indicators 5.8 Econolmic Investment Credit Net financial Overall Employment Proceeds activlity flows from balance from government before privati- transfers zation % of gross % of gross domestic domestic % of GDP investment credit % of GDP % of GDP % of total $ millions 1985-90 1990-95 ±985-90 1990-95 ±985--90 1990-95 ±98.5-90 ±990-95 1985-90 ±990-95 19855-90 ±990-95 ±990-96 Hungary . .. . .. ... ... ... ... 8,135.4 India 13.4 ....13.4 35.4 .....32.4 .. .. ....... 0*39 -0:9.... 59-2 . .. . -1.29 8.59 8.19 6,890.0 Indonesia 14.5 . 8.9 157.7' ... ... 3.4 ... 1.3.. .. .. -0.5 -2.6 0.9 1.1 5,745.7 Iran, Islamic Rep...... Iraq Ireland " Israel Italy 12.9 Jamaic 23.6...I..3.3 1.8 ........... -1 4 . 478.7 Japan . . 5.8 . .. 2 8 . . .. . 2 .0 .. . .. . . .. . . .: .. . . .. . ... . .. .. . .. . .. .. .. Jordan. . 9.5 7.7 . 22.6 Kazakhstan . . .. ~~~~~~~~~~~~~~~~~~~~~~.... ... .1,659.1 Kenya 11.6 .. 20:4 5.2 .... 3:2 072 ..... ........7...............7.9 . .. 7.8 . . 334.1 Korea, Dem. Rap. Korea, Rep . 10.3. ..... 14.3 . .. ... ....... -0 2. 0 7 ....1~9 . ...... .... ...... Kuwait. ...... .. Kyrgyz Republic 279.0 L atv . ...ia .. . . . .. .. . . . . . . . .. .. . . .. . . . 5 3... . . . . .. ... . . . . .. . . . . . . . . . . . . . . . . . . . . 3 9 20.. .. .. . Lebanon Lesotho......... Libya Lithuania . . . 1,672.1 Macedonia, FYR Madagascar M alawi 4.31 :.. .. .9 2 .. .. .. 12.8 .10 2.2 0,88 . . .... -1.2 1 .... .I. .. .... ............... 17.9 Malaysia, ......- ... 25..9 .. .. -1.9 . . 7,443.8 M ali ~ . .. . . I. . . .. . . 1 . . . ....... .....4 3.7. Mauritania 19 301.. . Mauritius 1.9 -0 3 Mexico, ..... 6:7 .....49 14:6 10-.5 .. 65 0.9 -2.4 -3 1 2.4 3.0 ... 3.5 2.1 24,929.3 M oldova 7..... . ..... ........ .... .... 38 :9~ ....... ... ...... 3.1 M ongolia ': . .... ..... ..... 32:8~. . ... Morocco ... 16..8 .. . 19.3 .. 0 ...... 1,507.8 Mozambique . . . 8.9 5.9 . .98.5 Myanmar 37.1 .. . Namibia :.... 11.9 .... 1.3 2:51 . -1.0 Nepal 50:0 7.4 30.... .3: 13.9 Netherlands New Zealand Nicaragua 43.2 131 .. 141.5 Niger . ......5.1 ... 04.1 .... ....... N igeria. .. ...... O .. .. . ..... ... .. . .. . .. .0.5 . . . ... .... ... ..I ... .7 3 8 .2 Norway 25.120 12 Oman 13 0~~~~.: .7 . 86.5 Pakistan 28.8 25.9 .. 3,268.1 Panama 82 102 . -08 16 ~~~~~~~~~~~~~~~~~~~~~~302.9 Papua New Guinea 7.8 . .. 447 2 Paraguay 4.8 4.5 11.2 5.1 16.6 7.9 0.2 -0.4 -2.0 1.2 . 44.0 Peru 6.4 5.7 . ...97.7 44 4...... 3. -3.1 . 1.5 3..0.. 2 5 .. 9,524.6 Philippines 2.3 2.2 8.4 9.9 8.5 3.9 . . -2.2 -3.7 0.8 .. 3,666.9 Poland. . 76.0 2. . ... 3,803.8 Portugal 15.1 . 16.6 . 12.2 6A.4 .... ... . .... . ........... ....... . .. ..... Puerto Rico Romania .I....75.2 .. .........410.6 Russian Federation .. 20.3 . 1998 World Development Indicators 283 5.8 Economic Investment Credit Net financial Overall Employment Proceeds activity flows from balance from government before privati- transfers zation % of gross % of gross domestic domestic % of GDP investment credit S of GDP S of GDP S of total $ millions 1995-90 1990-95 1995-90 1990-95 1955-90 1990-95 1995-90 1990-95 1985-90 1990-95 19s5-90 1990-95 1.990-96 Rwanda .. . . . . .. .4 .. 1.0. Saudi Arabia -. . . . . 12.9 ... ... Senegal 6.9 28.2 .. . . 4.5 .. -1.0 .. 20.40 Sierra Leone 0.4 0.1 0.1 Singapore Slovak Republic .. 27.9 *. * .1,865.0 ISlove.ia ........ ..... ..... 377.2 South. Africa 14.9 .. 16:5 . .. . .. ... 1,317.3 Spain . .01 . . . Sri Lanka . .. 26 8 . .. 2.8 1.4 ..12.4 398.2 Sudan 165 5.0 Sweden 10.3 . Switzerland Syrian Arab Republic.. . Tajikistan.. . ...... ... Tanzania 12.9 .. 30.0 ... . -7.4 .. 21.4 .. 66.1 Thailand 11.5 10.4 1.5 2.3 -0.3 -0.4 -0.3 -0.8 1.0n 1,773.7 Togo 10.7 .. . . 1.6 .. . . . . 24.7 Trinidad and Tobago 9.11 . 16.4 ... .10.8 6.5 0.0 0. 70 . Tunisia . .. 31.0 .. . . 7.6 .. . . . . 149.0 Turkey 6.5 5.1 27.1 15.1 6.0 4.7 1.6 1.0 -3.2 -6.6 3.7 2.9 2,777.4 Turkmenistan Uganda .. . . . . 138.7 Ukraine .. 4. . . . 31.5 United Arab Emirates . United Kingdom 3.4 .. 6.5b United States 1.1 .. 3.6 . . . . . Uruguay 5.0 .. 14.2 .. 11.1 11.1 -3.2 .. 3.3 .. 4.0 Uzbekistan . .. . .. ... ...... 424.0 Venezuela 22.3 .. 50.9 . 1.1 4.2 -11.1 .. 9.3 .. 6,503.1 Vietnam .. . . . . 44.0 ...... 2.6 West Bank and Gaza.. . .. . .. . .. . Yemen, Rep. .. 3.0 Yugoslavia. FR (Serb./Mont.) Zambia 32.2 .. . . . . . . . . . . 89.7 Zimbabwe 10.8 11.3 . .. 29.7 7.5 . .. . .. . .. 25.0 Note: Averages forea perod hove been colculated only when three or more years' date are available. Figures in italics refer to or uverage for the per[od 1990-96 a. Selected maior state-owned enterprises only. b. Includes financial state-owned enterprises. c. Dote for 1985-90 refer to the 10 uargent state-owned enterpr ses For 1990-95, data refer to 210 enterprises. d. As a percentage of formel sector employment. e. Nonoperating revenue betore 1989 is split between current transfers and grunts. Since 1989. a] nonoperat ng revenue is classified es torrent transfers. f. Dato refer to industrial state-owned enterprises. g. Dote refer to central public enterprises only. h. Data prior to 1991 huse not oven shown doe to lock of consistency. i. Dote for economic activity and employment refer to nonfinancial enterprises in both the controlled and the noncontrolled sectors. Data on nvestment up to 1986 refer to nonfi- nancial enterprises in both the controlled and the noncontrolled sectors. Since 1987 financial enterprises in the noncontrolled sector ore included. Duty on overall balances hetore transfers end net financial flows from government refer only to nonfinancial enterprises in the controlled sector. 284 1998 World Development Indicators 5.8 State-owned enterprises are government-owned or -con- of the relative efficiency of state enterprises and private * Economic activity is the value added of state trolled economic entities that generate most of their rev- firms because not enough data are available on owner- enterprises, estimated as their sales revenue minus enue by selling goods and services. This definition ship by economic sector. Data in the table are period the cost of their intermediate inputs, or as the sum encompasses commercial enterprises directly operated averages for 1985-90 and 1990-95. The updating of of their operating surplus (balance) and wage pay- by a govemment department and those in which the gov- data has necessitated revisions to earlier years in order ments. * Investment refers to fixed capital forma- ernment holds a majorty of shares directly or indirectly to ensure consistency over the time senes. tion by state enterprises. * Credit is credit extended through other state enterprises. It also includes enter- Data on proceeds from privatization are included in to state enterprises by domestic financial institu- prises in which the state holds a minority of shares, if the table because privatization-that is, the transfer of tions. * Net financial flows from government is the the distribution of the remaining shares leaves the gov- productive assets from the public to the private sector- difference between total financial flows from the gov- ernment with effective control. It excludes public sector has been one of the defining economic changes of the ernment to state enterprises (including government activity-such as education, health services, and road 1980s and 1990s. Direct sales are the most common loans, equity, and subsidies) and total flows from construction and maintenance-that is financed in privatization method, accounting for 60 percent of pri- state enterprises to the government (including divi- other ways, usually from the government's general rev- vatization transactions in 1996. Direct sales enable gov- dends and taxes). Taxes paid by state enterprises are enue. Because financial enterprises are of a different emments to attract strategic investors who can transfer treated as a transfer of financial resources to the gov- nature, they have generallybeen excluded from the data. capital, technology, and managerial know-how to newly ernment. * Overall balance before transfers is the The definition of a state enterprise varies among privatized enterprises. Share issues in domestic and sum of net operating and net nonoperating revenues countries and within countries over time. In excep- international capital markets are the second most com- minus net capital expenditure. Net operating rev- tional cases governments include noncommercial mon method, accounting for about 33 percent of priva- enues (or operating surplus or balance) refer to gross activities, such as agricultural research institutes, in tization transactions in 1996. operating profits, or operating revenues, minus the their data on state enterprises. But more often they Large sales proceeds do not necessarily imply costs of intermediate inputs, wages, factor rentals, omit activities that clearly are state enterprises. The major changes in the control or stock of state-owned and depreciation. * Employment for many countries most common omissions occur when governments enterprises, however. For example, selling equity refers to the share of full-time state enterprise use a narrow definition of state enterprises-for may not change effective control. It may only gener- employees in total employment, butfor some it refers example, by excluding those with a particular legal ate revenue, with no gains in efficiency. A prelimi- to employment only in selected state enterprises, form (such as departmental enterprises), those nary analysis suggests that the increase in proceeds including financial ones, and for others it refers to owned by local governments (typically utilities), or is due to a larger number of countries privatizing a employment as a share of total formal sector employ- those considered unimportant in terms of size or few firms rather than to a radical restructuring of ment. Thus the data on state enterprise employment need for fiscal resources. Accordingly, data on state ownership in many countries (Haggarty and Shirley are not directly comparable. v Proceeds from priva- enterprises tend to underestimate their relative 1997). tization include all sales of public assets to private importance in the economy. fm =ll entities through public offers, direct sales, manage- Although attempts have been made to correct for dif- ment and employee buyouts, concessions or licens- ferences in definitions and coverage across countres, State enterprses still play a sizable ing agreements, and joint ventures. inconsistencies remain. These cases are detailed in the role in many developing economies country notes in Bureaucrats in Business (World Bank Data sources % of GDP 1995b). The state enterprises covered in the table are limited to central or federal government enterprises Data on state enterprises were collected from World because data on local government-owned enterprises ! Bank member country central banks, finance min- are extremely limited. Another weakness in the data is - istries, enterprises, and World Bank and International that many state enterprises do not follow generally Monetary Fund reports. These data were then col- accepted accounting prncipals, so accounting rules can lated into a database for the World Bank Policy vary by country and enterprise. In many case small state ; | Research Report Bureaucrats in Business: The enterprises are not audited by internationally accredited I I Economics and Politics of Government Ownership accounting firms, so there may be no independentcheck (. - f (1995b). Updates to this database have been made on their record keeping and reporting. .. . . for several economies. Data on privatization are from To assess the importance of government ownership, the World Bank's Global Development Finance 1998. 0 19585-90 0 1990-95 the table includes three measures of the economic size Data on credit are from the International Monetary Source: Table 5.8. Of state enterprises: share in economic activity, invest- Fund's International Financial Statistics. ment, and employment. Indicators that measure the per- Desphe more than a decade of divesnhures and The growing canserssus that The pnvate sactor should formance of state enterprises and their etfect on the plav a uirger role. the shale ot state-owned en- macroeconomy and growth include credit, net financial termilses In GDP continues to rise In some caun- flows from government, and overall balance before trans- rrles. fers. These indicators do not, however, allow for analysis 1998 World Development Indicators 285 5.9 Transport infrastructure Roads Railways Air Passenger- Goods Goods kmn per transported transported Rpp ton-k~m per PPP Aircraft Passengers Air freight Paved roads Normalized millioni $ million $ ma ,ffior departures tarred mnillions road index ton-km of GDP of GDP thousands thousands ton-kmn 1996 ±.996 1996 1996 1996 1996 1996 ±.996 Albania 30.0 110 3 -..1 29 0 Algeria 68.9 165 20,000 12,987 1 7681 45 3,494 16 Angola 25.0 -.2,187 - 8 207 62 Argentina 29.1 115 ..132 7,779 177 Armenia ±00.0 100 18 2 358 12 Australia 38.7 128 128,000 371 30,075 1,834 Austri'a 100.0 136 64 .400 51.084 79,531 118 4,719 192 AzerbaiUjan -.. 11,459 - 19 1,233 28 Bangladesh 7.2 64 .-13 1,252 136 Belarus 70.1 85 350 262,101 619,342 26 596 2 Belgium . 428 30,112 32.214 165 5,174 591 Benin 20.0 82 -.- -1 75 16 Boli'via 5.5 59 ..- -32 1,783 47 Bosnia and Herzegovina 52.3 Botswana 23.5 314 -.- -4 104 0 Brazil 9.3 145 384.000 1.265 50,730 483 22.004 1.645 Bulgaria 91.9 99 39 136,587 202.772 14 718 24 Burkina Faso 16.0 96 . -3 138 16 Burundi 7.1 108 . -1 9 0 Cambodia 7.5 Cameroon 12.5 59 13,165 33,723 4 362 42 Canada -. 182,000 2,076 266.190 306 22,856 1,781 Central Afric an Republic . -.-- 1 75 16 Chad 0.8 '15 -.. 2 93 16 Chile .13.8 56 . .. . 4,344 6,096 94 3.622 806 China ... 463,000 88,980 360,363 43 5,7 ,8 Hong Kong, Chins 100.0 ..14..- ----- Colombia. 11.9 41 ... .195 8,342 311 Congo, Dem. Rep. --. .705 4,387 - -- Congo, Rep. 9.7 62 -- 69,853 54,139 5 253 17 Costa Rica 17.0 211 ... -21 918 45 C8te dIlvoire 9.7 .86 --7,822 13,484 5 179 16 Croatia 81.5 --4 49,544 103,711 15 727 2 Cuba 55.9 ... .14 929 44 Czech Republic 1000 . 686 71,434 196,511 27 1,394 22 Denmark 100.0 103 .. 39,515 14,713 -108 5,892 172 Dominican Republic 49.4 136 -.- .1 30 0 Ecuador 13.3 76 54,300 ...22 1,873 24 Egypt, Arab Rep. 78.1 149 .. 327,998 27,908 41 4,262 198 El Salvador 19.9 80 4,273 ...21 1,800 16 Eritrea 21.8......... - Estonia 53.2 65 11 45,250 540,949 5 149 1 Ethiopia 15.0 55 ..25 743 118 Finland 64.0 79 374 33,706 70,489 103 5.597 237 France 100.0 143 1,275 47,243 39.290 542 40,300 4,811 Gabon 8.2 38 ..9,441 61,672 7 431 35 Gambia, The 35.4 251 . .. .- Georgia 93.5 ..7 ..2 205 2 Germany 99.1 .. 294,160 39,068 567 40,116 6.036 Ghana 24.1 106 ... .3 197 30 Greece 91.8 155 201 13,406 1,913 92 6,396 119 Guatemala 27.6 62 ..5 300 26 Guinea -16.5 146 ..1 36 1 Guinea-Bissau 10.3 . .1 21 0 Haiti 24.3 Honduras 20.3 135 . 13 498 2 286 1998 World Developrnent Indicators in- FJ I ' 1111_u I "Ii±ar- I~ .4 II1 W-U Roads ~~~~~Ralways Air Passenger- Goods Goods km per transported transportedi PPP ton-km per PPP Aircraft Passengers Air freight Paved roads Normalized million $ million $ million departares carried millions %road indet ton-km of GDP of GDP thousands thousands ton-km 1996 1996 1996 1996 1996 1996 1996 1996 Hungary 43.1 147 39 88,789 103,268 25 1,563 29 India .... 502.2. 566 . 231,700 1 77,267 151 13,255 565 Indonesia 45.5 211 . 23,842 6,843 311 16,173 749 Iran, Islamic Rep. 50.0_ . . .... 22,281 34,136 63 7,610 110 Ireland 94.1 276 - 19,499 9,314 95 7,677 102 Israel 100.0 100 . 2,685 11,827 50 3,695 1,113 Italy 100.0 60 - 43,529 18.432 307 25,838 1,459 Jamaica 70.7 797- .. 18 1,388 25 Japan. 74..1 77 ..... 89.50 7 8,896 564 95,914 6,801 Jordan 100~.0 . ...... 98. 47,815 17 1.299 297 Kazakhstan 80.5 171 803 . 10 568 17 'Ken'ya 13.'9 115 . 13,587 46,448 14 779 48 Korea, Dem. Rep. 6.4 . ..6 254 3 Korea, Rep. 76.1 151 410 52,691 24,665 207 33,003 6,551 Kuwait 80.6 .. -. .. 19 2,133 334 Kyrgyz Republic 91.1 - 110 13 488 2 Lao PDR 13.8 273 ....4 125 1 Latvia 38.3 161 30 157.014 1,115,793 17 407 2 Lebanon 95.0... .. 10 775 80 Lesotho 17.9 137 ..- -117 0 Libya 57.2 6 639 0 Lithuania 87. 46 89 53,960 491,829 7242 Macedonia, FYR 63.8 79 3.. . 5, 287 1 Madagascar 11.6 158 17 542 25 Malawi 18.5 327 .. 10,172 10,172 4 153 3 Malaysia 75.1... 6,159 6,867 188 15,118 1,415 Mali 12.1 90 . .. 1 75 16 Mauritania 11.3 54 .5 23517 Mauritius 93.1 110 .. 9 718 137 Mexico.. .. 37.4 106 2,674 52,983 223 14,678 169 Moldova 87.3 91L 41_.4190o1 Mongolia 7.8 . 2 . 10 662 3 Morocco 50.4 144 54,671 18,995 5.5,334 32 2,301 5 7 Mozambique 18.7 141 230 ..4 163 5 Myanmar 12.2 15 334 1 Namibia 121.1. 362 . 4,234 131,387 7 237 29 Nepal 41.5 76 . .. 28 755 18 Netherlands 90.173 . 44.295 9,816 New Zealand 58.1 100... 187 9,597 745 Nicaragua 10.1 65 .1 51 9 Niger 7.9 27 1 75 16 Nigeria 18.8 106 .580 1 6 2215 Norway 72.0 106 244 . 279 12,727 177 Oman 30.0 212 . .. 18 1,620 106 Pakistan 57.0 283 . 93,400 25,084 70 5,375 427 Panama 33.6 128 17689 9 Papua New Guinea 3.5. 27 27 970 18 Paraguay 9-5.4213 0 Peru 10.1 39 . 2,007 5,176 35 2,328 14 Philippines ..: ... . 65 7,263 384 Poland 65.4 156 1,640 85.254 290,148 36 1.806 70 Portugal 86m.0 ... . 94 369 33,497 13,832 80 4,806 211 Puerto Rico 100.0 . .. .. Romania 51.0 108 616,044 175.264 230,933 17 913 15 Russian Federation _78.8 . 18,000 340,048 1,790,023 465 22,117 854. 1998 World Development Indicators 287 5.9 Roads Railways Air Passernger- Goods Goods km per transported transported PPP rtDn_m per PPP Aircrsat Passengers Air freight Paved roads tNormalized m ilion $ iis $ sTlicin derartures carried miillions %roadindses ton-km of GDP of GDP thousands throusands topr-km 196 1996 1996 1996 1996 :1996 1996 1996 Rwanda 9.1 119... Saudi Arabia 42,7 142 ..875 4,384 101 11,706 863 Senegal .29.3 106 .. 14,~302 30,61 7 5 155 16 Sierra Leone 11.02 100 ... .0 15 0 Singapore 97.4 ......57 11,841 4,115 Slovak Republic 98.5 ..34,745 93,911 298,678 3 63 0 Slovenia 82.0 100 5 27,278 115.97 5 8 393 23 South Africa 41.5 3(00. 34,034 336,265 90 7.183 335 Spain 99.0 104 589 25,645 15,998 333 27,759 740 Sri Lanka 40.0 469 3,020 83,699 4,027 9 1,171 159 Sudan 36.3 ......11 491 46 Sweden 76185 .. 35,735 103,765 183 9,879 250 Switzerland .. 410,000 .. 218 10,468 1.511 Syrian Arab Republic 23.0 ... 11,108 29,013 9 599 16 Tajikistan 82.7 . .3 594 3 Tanzania 4.2 69 ..6 224 3 Thailand 97.5 173 ..92 14.078 1,348 Togo 31.6 180 ..1 75 16 Trinidad and Tobago 51.1 217 ..14 897 22 Tunisia 78.9 172 .. 23,325 53,910 14 1.371 18 Turkey 25.0 53 135,781 13,978 17,619 83 8,464 207 Turkmenistan 81.2 .... 9 523 2 Uganda ... .2,168 12,829 1 100 1 Ukraine 95.0 96 1.254,540 329,444 910,955 28 1,151 17 United Arab Emirates 100.0 32 ... .38 4.063 851 United Kingdom 100.0 64 1,689 26,728 11,465 United States 60.8 '112 ..1,387 365,655 8,032 571,072 21,676 Uruguay 90.0 167 .. 22.273 18,789 7 504 4 Uzbekistan 87.3 . ,...12 1,566 8 Venezuela 39.4_ 108 ... ..... 83 4,487 117 Vietnam 25.1 24.649 20,223 29 2,505 2 West Bank and Gaza Yemen, Rep. 8.1 Yugoslavia, FR (Serb./Mont.l 58.3 ..100 Zambia 18.3 189 .. 34,856 60,312 Zimbabwe 47.4 144 .. 22.994 200,217 10 654 153 Low income 19 108.0 1,040 87,460 Exci. China & India 18 105.8 396 22,435 Middle income 55 ..3.604 222.117 Lower middle income 53 109.1 1,995 125.563 Upper middle income 57 1,6109 96,554 Low & middle income. 32 110.1 4,648 309.577 East Asia & Pacific ...1,305 110,432 Europe & Central Asia 82 99.8 869 47,754 Latin Amnerica & Carib. 26 107.9 1,519 76,532 Middle East & N. Africa 54 ..371 36,896 South Asia 42 282.8 284 22,305 Sub-Saharan Africa 17 107.1 298 15,658 High income ...14,102 1,079,094 288 1998 World Deveilopment indicators 5.99@ Transport infrastructure-highways, railways, ports meters per million dollars of GDP PPP (see tables * Paved roads are roads that have been sealed with and waterways, and airports and air traffic control 4.10 and 4.11 for a discussion of PPP) and the nor- asphaltorsimilarroad-buildingmaterials. * Normalized systems-and the services that flow from it are cru- malized road index. While the rail traffic indicators road index is the total length of roads in a country com- cial to the activities of households, producers, and are normalized by a single indicator-the size of the pared with the expected length of roads, where the governments. Because performance indicators vary economy-the normalized road index uses a multi- expectation is conditioned on population, population significantly by transport mode and by measurement dimensional regression function to estimate a coun- density, per capita income, urbanization, and region- focus (whether on physical infrastructure or the ser- try's "normal," or expected, stock of roads specificdummyvariables.AvalueoflOOis"normal."If vices flowing from that infrastructure), highly spe- (Armington and Dikhanov 1996). Normalizing vari- theindexismorethan1C0,thecountry'sstockofroads cialized and carefully specified indicators are ables include population, population density, per exceeds the average. * Goods transported by road are required. The table provides selected indicators of capita income, urbanization, and regional differ- the volume of goods transported by road vehicles, mea- the size and extent of roads, railways, and air trans- ences. The value of the normalized road index shows sured in millions of metric tons times kilometers trav- port systems and the volume of freight and passen- whether a country's stock of roads exceeds or falls eled. * Railway passengers measures the total gers carried. short of the average for countries with similar char- passenger-kilometers per million dollars of GDP mea- Data for most transport sectors are not interna- acteristics. sured in PPP terms (see tables 4.10 and 4.11 for a dis- tionally comparable. Unlike demographic statistics, cussion of PPP). * Goodsttransported by rail measures national income accounts, and international trade the tonnage of goods transported times kilometers trav- data, the collection of infrastructure data has not eled per million dollars of GDP measured in PPP terms. been 'internationalized." Data on roads are col- * Aircraft departures are the number of domestic and lected by the International Road Federation (IRF) and international takeoffs of aircraft. * Passengers carried data on air transport are collected by the include both domestic and international aircraft pas- International Civil Aviation Organization (ICAO). sengers. * Air freight is the sum of the tons of freight, National road associations are the primary source of express, and diplomatic bags carried on each flight IRF data; in countries where such an association is stage (the operation of an aircraftfrom takeoff to its next absent or does not respond, other agencies are con- landing) multiplied by the stage distance. tacted, such as road directorates, ministries of transport or public works, or central statistical Data sources offices. As a result the compiled data are of uneven quality. Data on roads are from the Even when data are available, they are often of lim- : International Road Federa- ited value because of incompatible definitions, inap- tion's World Road Statistics. propriate geographical units of observation, or lack The normalized road index is of timeliness. Data on passengers carried, for exam- based on World Bank staff ple, may be distorted because of "ticketless" travel estimates. Railway data are or breaks in journeys; in such cases the statistics * * from a database maintained may report the number of passenger-kilometers for by the World Bank's two passengers instead of one. Measurement prob- Transportation, Water, and Urban Development lems are compounded because over time the mix of Department, Transport Division. Air transport data transported commodities changes, and in some are from the International Civil Aviation Organization's cases shorter-haul traffic has been excluded from Civil Aviation Statistics of the World. intercity traffic. Finally, the quality of transport ser- vice (reliability, transit time, and condition of goods delivered) is rarely measured but may be as impor- tant as quantity in assessing an economy's transport system. Serious efforts are needed to create inter- nationally databases whose comparability and accu- racy can be gradually improved. Some form of normalization is required to mea- sure the relative size of an indicator over time or across countries. The table presents normalized indi- cators for railway passenger-kilometers per million dollars of GDP measured in purchasing power parity (PPP) terms, goods transported by railway ton-kilo- 1998 World Development Indicators 289 5.10 Power and communications Electric Telephone International power Tasisolmainlines itelecommunications and in largest Consumption Production distribution city Cost of 0 Orgoing Cost of per aserage losses per per Waiting Waiting Revenue loca. call ~rjtrafrlic CalJ to U.S. capita annual % 1,000 1,000 liat time per per Jne $ per noutes per $ per kwih % growth of output people people thousands years employee $ 3rninutes subscriber 3rminutes 1995 1980-95 1995 1998 1996 1996 1998 1996 1998 ±.996 1 996 ±.996 Albania 623 -2.3 51 19 51 21.3 3.1 14 571 0.04 323 9.51 Algeria 513 7.3 17 44 64 702.2 >10 58 162 0.02 73 5.04 Angola 60 2.1 28 5 23 . .. 26 3.698 .. 302 Argentina 1,519 2.3 18 174 224 110.6 0.2 186 982 0.10 30 7.37 Armenia 811 -6.0 39 154 212 54.7 .. 63 50 .. 90 Australia 8,033 4.5 7 519 485 .. 0.0 118 1,411 0.19 101 3.00 Austria 5,800 2.7 6 466 632 3.7 0.1 219 709 0.20 251 3.77 Azerbaijan 1,806 -1.5 23 85 170 178.7 5.7 44 68 0.19 42 3.85 Bangladesh 57 10.4 32 3 25 155.2 6.6 15 634 0.04 81. Belarus 2,451 1.6 15 208 302 573.1 5.5 86 106 0.01 62 6.00 Belgium 6,752 3.4 5 465 635 1.7 0.0 180 948 0.20 248 3. 05 Benin 43 2.2 50 6 33. 5.2 1.3 25 1,107 0.13 212 8.26 Bolivia 356 4.0 12 47 67 50.1 1.0 199 307 .. 65 Bosnia and Herzegovina 23 90 429 70.0 .. 80 2 .. 19 Botswana .. . . 48 180 9.3 1.0 43 972 0.03 427 6.06 Brazil 160 5.5 17 96 273 . .. 169 821 0.04 24 4.68 Bulgaria .3,415 -1.5. 13 313 374 480.0 7.7 100 30 0.01 32 Burkina Faso .. 3 29 .. . 28 1,229 0.12 200 Buirundi .. 2 45 0.0 .. 26 1,079 0.04 169 13.67 Cambodia .. 1 5 13.4 >10 12 25,550 .. 857 Cameroon 196 3.1 4 5 30 42.0 9.4 36 1.088 0.08 352 12.02 Canada 15,147 2.8 5 602 ... 0.0 245 731 .. 168 1.16 Central African Republ'ic 3 12 1.1 1.5 23 1.933 0.20 389 24.04 Ch ad .. 1 6 1.4 3.0 16 1,264 0.20 314 14.07 Chile 1,698 6.1 10 156 192 72.5 0.3 184 743 0.09 72 2.79 China 637 8.2 7 45 140 812.0 0.1 114 318 .. 26 Hong Kong. China 4,850 7.6 15 547 537 .. 0.0 91 1,866 .. 504 2.64 Colombia 948 5.4 21 118 227 728.0 1.5 228 439 0.01 31 4.12 Congo, Dam. Rep. 132 3.4 3 1. 6 6.0 .. 19 ... 36 Congo, Rep. 27 9.4 0 B . .. 0.8 0.6 23 2.182 0.13 190 Costa Rica 1,348 5.5 8 155 .. 77.9 0.8 106 441 0.04 113 M6e dIlvoire 159 2.7 4 9 36 74.2 5.6 38 1,393 0.20 285 Croatia 2,074 8.5 19 309 405 71.7 0.6 146 426 0.02 175 5.66 Cuba 818 0.7 13 32 74 . .. 25 1,217 .. 35 Czech Republic 4,654 1.3 8 273 525 577.0 2.0 104 412 0.07 103 4.64 Denmark 5.975 2.9 6 618 ... 0.0 199 1.236 0.17 175 3.35 Dominican Republic 588 4.5 25 83 132 . .. 158 .. 1.52 124 Ecuador 600 5.4 21 73 189 60.2 0.7 160 296 0.01 56 8.21 Egypt, Arab Rep. 86 8.6 .. 50 95 1,310.2 5.0 58 256 0.01 37 6.19 El Salvador 507 5.4 13 56 144 200.0 4.0 60 617 0.02 187 Eritrea . .. . 5 32 40.0 >10 35 922 0.03 92 8.25 Estonia 3,022 -0.9 20 299 245 96.1 3.2 116 337 0.04 133 4.99 Ethiopia 22 4.6 3 3 45 195.5 >10 27 526 0.03 70 Finland 12,785 4.2 2 549 1,349 0.0 0.0 178 956 0.14 118 3.22 France 5,892 3.9 6 564 ... 0.0 198 830 0.15 90 3.03 Gab.on 737 3.1 10 32 90 35.5 2.0 44 1.971 0.18 508 Gambia, The .. . . 19 3 192 >0 28 781 0.09 274 Georgia 1,057 -3.8 25 105 183 230.0 .. 72 13 .. 0 Germany 5,527 1.2 5 538 558 . .. 205 1,011 0.16 118 2.87 Ghana 318 4.6 4 4 17 283.3 2.9 38 1.283 0.08 267 Greece 3,259 3.8 7 509 620 78.6 0.4 224 587 . 97 3035 Guatemala 264 5.5 13 31 117 100.0 2.7 56 615 0.0 101 Guinea .. . . 2 5 1.6 1.0 19 1,555 0.12 152 8.76 Guinea-Bissau .. . . 7 .. 0.7 1.8 32 1,447 0.09 311 Haiti 32 -1.6 53 8 23 40.0 8.0 23 1.301 ... 7.07 Honduras 333 6.5 28 31 .102 268.9 >10 42 887 0.08 219 7.11 290 1998 World Development Indicators 5.10 Electric Telephone International power mainlines telecommunications Transmission and In largest Consumption Production distribution city Coat of Outgoing Coat of oar average losses per per Waiting Waiting Revenue local call traffic call to U.S. capita annual % 1,000 1,000 list time per per line $ per minutes per $ per kwh % growth of output people people thousands years employee $ 3 minutes subscriber 3 minutes 1995 1980-95 1995 1996 1996 1996 1996 1996 1996 1996 1.996 1996 .Hungary 2,682 0.7 14 .261.... 386 250.9 ...0:6.6.. 164 485 0.15 100 .. 4.777 India 339 9.2 18. 15 80 2,277.0 1.0.. 28. 238 0.02 29q 6.35 Indonesia -263 _ 1570.0- -12"__ 21 ...__77__ 117.5 0.2 105 _643 0.05 63... 6.07 Iran, Islamic Rep. 1.059 8.7 20. 95 222 1,379.0 19.9 121 148 0.01 29 6.02 Iraq 1,396 6.5 33 Ireland 4,139 4.0 9 395 . . . 120 1,273 0.16 ..... 311. .. 3.32 Israel 4,836 5.9 4 446. 414 12.0 0:.1 . 287 843 0.08. 108. 3.43 Italy 4,163 3.1 7 440 529 32.0 0.1 253 911 0.20 84 3.36 Jamaica 2,049 8.4 11 .. 142 168 183.1 .3.5 .. 88 . .. 995 0.06 183 Japan 6,937 4.0 4 489 .... 0.0 276 1,532 0.09 28. 5.10 Jordan 1,139 10.9 8 60 160 129.0 9.9 81 702 0.03 226 .. Kazakhstan 3,106 -2.8 15 118 275 668.4 4.2 39_ _126 0.00 8 Kenya .123 _5.5 16 .8 .77. 70.6 .. 4.5 22 1,139 0.06 80 .. 11.17 Korea, Dem. Rep. 261 -10.2 .....84 49. .85 ... 16.4 0.2 .. ....... .3 Korea, Rep. 3,606 11.7 5 430 466 . 0.0 294 469 0.04 35 4.88 Kuwait 13,185 5.5 . 232 27.. 2.6 0.2.. 52. 572 . 364 .. 5.51 Kyrgyz Republic 1,66 2.8 28 75 230 67.4 . 51 63 . 79 11.82 Lao PDR . .. . 6 1326 04 29 70.. 240 Latvia .1.789. -16.6 32 298 371.. 102.2 6.8 116 191 0... .0:8 ... .. 59 6.43 Leb~anon 1,224 14.4 13 149 . . 115 580 0.04 85 7.4 Lesotho ....... . ..9 ... .64 . . . .5.4.. 2.5. .. 22 . ... 742 0.04 Libya 3,569 10.2 59 36 . .. 0.03. 147 Lithuania 1,711 .-27.7 . 15 268... 362 ..1416.6 3.2 100 134 0...O02 .. ...'54 7.88 Macedonia, FYR 2,443 . 12 170 235 21.0 1.5 108 219 0.01 139 Madagascar 3.5.10.0.65.12.1.01 -0.06 ......148........ Malawi . ... .... 4 ... . . . 13 299.9 .>10. 8 900. 0.04 214 12.45... Malaysia 1,953 10.1 10 183 143 160.0 0.4 137 679 0.04 .. 66 5.99 Mali . . . 2 16. .. 6 2,4 017 429 17.59 Mauritania .. . . 4. 1 . . 3 269 01 7 Mauritius ....... 162. 206 35.9 1.4 10 J6. 622 0.06 118 5.85 Mexico 1,305 4.9 14 95 . 9. 0.5 180 786 0.08 .... .107 . 3.01 Moldova 1.517 1.3 18 140 269 201.7 8.7 .. 78.. 64 0.10 105.. 6.39 Mongolia .. . . 39 80 40.0 4.6 18 206. 0.02 26..- 14.7 Morocco 407 6.5 4 45 121 48.0 0~.3 85 556 0.09 104 6.88 Mozambique 67 -5.8 5 3 24 227.7 . >10 25 948 0.04 217.. Myanmar 52 ..5.3.... 34 4. 24. 55.0 2.7 25 1.792 0.17 82. 26.86 Namibia . .. .. ..... .. .... .... .54 253.. 4.5 0.7 51 899.. 596 Nepal . ... .... .39 .. .10.9 ... ...26 . 5 .. ...69 .. 136 2.2 ..>10 .. 30 . ...337 0.02 184 . .. Netherlands 5.374. 29.9 4 543 .. 20.0 ..0.1 284 1.005 0.19 181 2.69 New Zealand 8,504., 3.0 9 ...499 ... 0.0 189 1,201 . 179. 4.7 Nicaragua .272 1.7 28 26 .55 . .. ....... 30.. 473 0 ...O04 304 Niger .. ... ..-----.... 2_ 16 1.4 0. 13 1,138 0.15 '273 Nigeria 85 4.6 32 4 16 98.1 3.5 28 1,904 0.26 233 Norway 23,892 2.2 7 555 732 6.0 0.0 132 1,471 0.11 189 2.36. Oman 2,891 15.7 . 86 10 3. 0.2 92 1,260 0.07. 317 Pakistan 304 10.1 23 18. 61 209.5 0.7 44 442 0.05 32 Panama 1,089 2.9 19 122 214 28.8 ... 1.4.. 90.. 764 . 127. 5.20 Papua New Guinea . 11 20 0. 0.1 23 248 0.3 572 Paraguay 683 10.4 1 36 125.. . 25 1,034 0.06 123 Peru 525 2.4 21 60 119 448.8 0:2.2. 228 .920 .. . 0.10....... 49 5.76 Philippines 337 2.8 16 25 96 900.2 2.9 98 610 . 108 6.22 Poland 2,324 02.2 13. 169 . 2,327.4 3.3 89 389 0.06. 67 4.12 Portugal 2,857 5.1 11 375 645 7.6 0.0 171 1,198. 0.08. 91 3.74 Puerto Rico . . . 336 437 70 11 17 917 0.13 72 Romania 1,603 -3.5 11 140 . 1,299.0 7.0. 59. 177 0.01 29 11.57 Russian Federation 4.172 0.0 10 175 467 8,796.8 >10 58 203. 0.27 9.. 8.61 1a98 World Development indicators 291. S ~5.10 Electric Telephone International power mainlines telecommunications Transnmssion and Ini largest Consumption Production daistribu.tjon city Cost of Outgo og Cost of per average losses Peoro per Waiting Wattung Revennue loca, oal traff 0 0a1, to L.S. capita annuaJ % 1,00 1,000 list time oer per ..ne $ psr ~minutes per $ per kwh % grovvth of output people peop[e thousands years employee $ 3 m[nutes subscriber 3rminutes 1995 1960-95 1999 1996 1996 1996 1996 1996 1996 1996 1996 1996 Rwanda . . 3 .. 20 1.016 .. 89 Saudi Arabia 3,906 11.6 9 106 189 1,262.5 9.7 104 1.053 0.02 292 6.41 Senegal 91 3.1 13 11 29 17.8 1.7 65 1,275 0.10 260 9.36 Sierra Leone . . . 4 20 14.0 >10 18 896 0-07 190) Singapore 6,018 8.6 4 513 513 0.2 0. 224 1,785 0.03 541 4.02 Slovak Republic 4,075 0.8 8 232 515 144.9 1.2 79 382 0.06 109 5.45 Slovenia 4.710 1.2 5 333 610 48.7 1.1 215 492 0.02 160 5.56 South Africa 3,874 3.3 6 100 495 126.8 0.6 74 892 0.09 83 Spain 3,594 3.4 10 392 440 1.5 0.0 229 753 0.10 77 3.49 Sri Lanka 208 6.2 18 14 219 237.8 7.4 25 1,410 0.05 122 3.25 Sudan 37 0. 8 19 4 3 75.0 6.4 38 221 0.03 130 10.55 Sweden 14,096 2.8 6 682 778 . 0.0 304 852 0.11 156 2.65 Switzerland 6,916 2.5 6 640 956 0.3 0.0 221 1,863 0.24 416 2.43 Syrian Arab Republic 698 7.2 . 82 1 76 2,945.4 >10 68 1,001 0.05 66 33.41 Tajikistan 2.367 2.6 12 42 222 72.0 .. 50 41 .. 1 26.87 Tanzania 52 5.5 13 3 21 107.9 >10 19 775 0.08 63 Thailand 1,199 12.4 8 70 339 821.6 1.2 120 545 0.12 61 7.39 Togo .. . . 6 27. 34 28 1,618 0.12 39 13.20 Trinidad and Tobago 2,817 4.0 10~ 168 137 6.4 1.1 80 825 0.04 277 3.48 Tunisia 661 6 .6 10 64 73 81.8 1.5 98 505 0.07 146 6.47 Turkey 1,057 8.6 16 224 438 752.7 0.7 194 180 0.06 33 4.37 Turkmenistan 1.109 0.5 10 74 198 79.6 3.3 41 ... 1 7 Uganda . . . 2 34 6.3 0.7 36 905 0.19 113 9.29 Ukraine 2,785 -1.1 10 181 395 3,103.2 7.2 71 119 . 9 United Arab Emnirates 7.752 8.0 . 302 425 1.0 0.0 128 1,396 . 798 3.78 United Kingdom 5.081 2.0 7 528 0.0 218 932 0.19 148 1.86 United States 1.1,571 3.0 7 640 ... 0.0 190 1,073 0.09 113 Uruguay 1,574 3.8 19 209 309 48.0 1.0 117 938 0.19 82 5.90 Uzbekistan 1.731 0.8 10 76 234 329.4 3.3 68 68.4 78 Venezuela 2,518 4.3 21 117 285 476.3 2.4 161 622 0.06 53 5.25 Vietnam 146 9.2 22 16 70.. . 15 530 0.11 44 West Bank and Gaza .. . . . . . . .. Yemen, Rep. 99 9.2 26 13 71 75.3 5.2 57 732 0.02 117 13.44 Yugoslavia, FR (Serb./Mont.) 2,921 -2.5 9 197 424 212.8 4.0 178 199 0.01 109 7.04 Zambia 574 -2.2 11 9 22 24.7 . 24 1,393 0.25 162 4.40 Zimbabwe 738 1.8 7 .. 15 60 .113.2 7.2 30 7~89 0.03 279 Low income 414 8.4 15 26 56 2,383.2 4.9 104 333 0.10 195 10.86 Ec.C ina &lIndia 187 8.3 22...... 115.............. 6 1,571.. .2......5.4 40 592.... 0.610 ......11.17 Middle income 1.619 7.8 14 105 305 25,612.6 1.5 116 462 0.06 121 5.99 Low-e-r --m i'd dle i. jnco"m-e -----1,4-2-9 11.2 '15 -94. - 31-2.21,73'5.4 29 11 293 6104. 108 6.22 .. Upper middle income 2,072 4~~~ ~~.2..:...... 13...... 130 ..... 283.... 3,877.1 1.0 131 738 0.06 175 5.45 Low . mniddle ~in-c-o'm .e...... ....8'3"6 .... 7. 9 15 52 225 27,995.8 2.7 113 420 0.06 142 6.45 Latin America & Carib. 1,298 4~~~ ~~~~.7.. 17 ......102 .. .. 196 1,658.1 1.1..... 155 . 780 0.06 14 5.25 Midl.Est&..N... A"fr'ica .........1',1"2"2 8....... 8 15 64 121 3,780.7 51 93 427 0.05 104 6.47 South Asia 300 9.2 19 14 . . 155.5 6.6 . . 291 0.05 . 99.~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~... . ....... ..... .... Sub-Saharan Africa 437 3~~~ ~~~~.1.:. .....13. ..........619.93: .. .616.253.10.55 High income 7.755 3.2 ~~ ~~~~ ~~~~ ~~~~6 540 569 . 98.0 0.0 .210.1.002. 616 199 .3.27 292 1998 World Development Indicators 5.10 I A country's production of electricity is a basic indica- Waiting time is calculated by dividing the number of * Electricity consumption measures the production tor of its size and level of development. Although a few applicants on the waiting list by the average number of of power plants and combined heat and power plants countries export electrical power, most production is mainlines added each year over the past three years. less distribution losses and own use by heat and power for domestic consumption. Expanding the supply of The numberof mainlines no longer reflects atelephone plants. * Electric power production refers to gross electricity to meet the growing demand of increasingly system's full capacity because mobile telephones pro- production in kilowatt-hours by private companies, urbanized and industrialized economies without incur- vide an alternative point of access. (See table 5.11 for cooperative organizations, local and regional authori- ring unacceptable social, economic, and environmen- data on mobile phones.) ties, government organizations, and self-producers. tal costs is one of the great challenges facing The table includes two measures of efficiency in Electric power production growth is average annual developing countries. telecommunications: mainlines per employee and rev- growth in power production. * Electric power trans- Data on electric power production and consumption enue per mainline. Caution should be used in inter- mission and distribution losses are losses in trans- are collected from national energy agencies by the preting the estimates of mainlines per employee mission between sources of supply and points of International Energy Agency (IEA) and adjusted by the because some firms may subcontract part of their distribution and in distribution to consumers, including IEA to meet international definitions. Adjustments are work. The cross-country comparability of revenue per pilferage. * Telephone mainlines are telephone lines made, for example, to account for self-production by mainline may also be limited because, for example, connecting a customer's equipment to the public establishments that, in addition to their main activi- some countries do not require telecommunications switched telephone network. Data are presented for ties, generate electricity wholly or partly for their own providers to submit financial information; the data usu- the entire country and the largest city. * Waiting list use. In some countries self-production by households ally do not include revenues from cellular and mobile shows the number of applications for a connection to and small entrepreneurs is substantial because of phones or radio, paging, and data services; and there a mainline that have been held up by a lack of techni- remoteness or unreliable public power sources, and in are definitional and accounting differences between cal capacity. * Waiting time is the approximate num- these cases may not be adequately reflected in these countries. ber of years applicants must wait for a telephone line. adjustments. Electricity consumption is equivalent to * Mainlines per employee is calculated by dividingthe production less power plants' own use and transmis- number of mainlines by the number of telecommuni- sion, distribution, and transformation losses. It Where are the telephones? cations staff (with part-time staff converted to full-time includes consumption by auxiliary stations, losses in equivalents) employed by telecommunications enter- transformers that are considered integral parts of % of country's total telephone mainlines prises providing public telecommunications services. in largest city, 1995 those stations, and electricity produced by pumping ir t9 * Revenue per line is the revenues received by firms installations. It covers electricity generated by primary for providing telecommunication services. * Cost of sources of energy-coal, oil, gas, nuclear, hydro. geo - - local call is the cost of a three-minute call within the thermal, wind, tide and wave, and combustible renew- same exchange area usingthe subscriber's equipment ables-where data are available. Neither production (that is, not from a public phone). * Outgoing traffic nor consumption data capture the reliability of sup- 4(' is the telephone traffic, measured in minutes per sub- plies, including frequency of outages, breakdowns, scriber, that originated in the country that has a desti- and load factors. - nation outside the country. * Cost of International Over the past decade privatization and deregulation * * I call to U.S. is the cost of a three-minute peak rate call have spurred dramatic growth in telecommunications from the country to the United States. in many countries. The table presents some common performance indicators for telecommunications, Source: International Telecommunication union. Data souices including measures of supply and demand, service quality, productivity, economic and financial perfor- In some counlres a sirgle large ity mav dominate Data on electricity consump tnE economic and social lile of Ine count"~. and *. ~ Dt neetiiycnup mance, capital investment, and tariffs. access to telecommunIcations services is high. In - tion, power growth, and Demand for telecommunications is often measured and policres alheat wider diffusion of p elecdp n losses are from the IEA's by the sum of telephone mainlines and the number of municatlons, the share of telephone mainlines In - Energy Statistics and Bal- registered applicants for new connections. (A mainline the lafgest chy may be we jd ances of Non-OECD Countries country's total mainlines. is normally identified by a unique number that is the - 1994-95, the IEA's Energy one billed). In some countries the list of registered Statistics of OECD Countries applicants does not reflect real current pending . 1994-95, and the United demand, which is often hidden or suppressed, reflect- Nations' Energy Statistics Yearbook. Telecommunica- ing an extremely short supply that has discouraged tions data are from the International Telecom- potential applicants from applying for telephone ser- munication Union's (ITU) World Telecommunication vice. And in some cases waiting lists may overstate Development Report except for data on telephone traf- demand because applicants have placed their names fic data, which are from Direction of Traffic, published on the list several times to improve their chances. by the ITU and TeleGeography, Inc. 199S World Development Indicators 293 5.11 The information age Daily Radios Television Mobile Fax Personal Internet newspapers phones machines computers hosts Sets Cable subscribers per 10,000 per 1,000 per 1.000 per 1,000 per 1,000 per 1,000 per 1,000 per 1,000 people people people people peop[e people peop e people July 1994 1995 1996 1996 1996 1995 1996 1997 Albania 54 ..173 ..1 .. 0.32 Algeria 46 ..68 0 0.2 3.4 0.01 Angola 11 58 51 ..0 ...0.02 Argentina 138 ..347 116.4 16 1.4 24.6 5.32 Armenia 23 ..216 0 0.1 ..0.86 Australia 258 ..666 208 26.3 311.3 382.44 Austria 472 348 493 110.7 74 35.4 148.0 108.25 Azerbaijan 28 ..212 0.1 2 0.3 .0.11 Bangladesh 6 48 7 ..0 0.0 ..0.00 Belarus 187 322 292 ..1 0.9 .. 0.44 Belgium 321 ..443004 78167.3 84.64 Benin 2 1,461 73 ..0 0.1 ..0.02 Bolivia 69 ..202 3.4 4 ...0.69 Bosnia and Herzegovina 131 ..55 0 ..0.13 Botswana 24 816 27 ...2.2 6D.7 1.58 Brazil 45 222 289 11.8 16 1.7 18.4 4.20 Bulgaria 7. 354 361 3 1.8 295.2 6.65 Burkina Faso 0 31 6 0 ...0.04 Burundi 3 71 2 0 0.5 ..0.01 Cambodia ..121 9 2 0.1 ..0.01 Cameroon 4 326 75 ..0 ...0.05 Canada 189 ..709 262.5 114 23.6 192.5 228.05 Central African Republic 1 93 5 ..0 0.0 ..0.02 Chad 0 620 2 ...0.0 ..0.00 Chile 100 .. 280 39.9 23 1.8 45.1 13.12 China 23 161 252 28.9 6 0.2 3.0 0.21 Hong Kong, China 719 ..368 50.2 216 46.3 150.5 74.64 Colombia 64 ..188 3.1 13 2.6 23.3 1.81 Congo, Dem. Rap. 3 102 41 ..0 0.1 ..0.00 Cog,Rep. 8 318 800 Costa Rica 99 ..220 16.2 14 0.7 .. 12.14 C6tedilvoire 7 ..60 ..1 ..1.4 0.17 Croatia 575 ..251 10.5 14 8.2 20.9 14.08 Cuba 120 241 200 0.0 0 ... 0.06 Czech Republic 219 ..406 45.9 19 7.1 53.2 47.66 Denmark 365 ..533 263.4 260 47.6 304.1 259.73 Dominican Republic 34 8. 4 15.5 8 0.3 . 0.03 Ecuador 72 ..148 3.9 5 2.7 3.9 0.90 Egypt, Arab Rep. 64 ..126 ..0 0.4 3.8 0.31 El Salvador 50 ..250 4.6 3 ...0.34 .Eritreea. 372 7 ...0.2 ..0.00 Estonia 242 ..449 12.9 47 8.8 6.7 45.35 Ethiopia 2 206 4 ...0.0 ..0.00 Finland 473 1,331 605 164.4 292 31.5 182.1 653.61 France 237 598 31.6 42 32.7 150.7 49.866 Gabon 16 76 .. 0.3 6.3 0.00 Gamnbia, The 2 157 ...3 0.9 .. .00 Georgi'a ..62 474 2.4 0 0.1 ..0.55 Germany 317 ..493 203.9 71 19.5 233.2 106.68 Ghana 18 ..41 1 0.3 1.2 0.15 Greece 156 ..442 53 2.9 33.4 18.76 Guatemala 23 ..122 16.9 4 1.0 2.8 0.79 Guinea ..76 8 0 ..0.3 0.00 Guinea-Bissau 6 40 ...0.5 ..0.09 Haiti 6 60 5 ......0.00 Honduras 44 lOB 80 8.0 0 ... 0.94 294 1998 World Development Indicators 5.11 9 Daily Radios Television Mobile Fax Personal Internet newspapers phones machines computers hosts Sets Cable subscribers per 10,000 per 1,000 per 1,000 per 1,000 per 1,000 per 1,000 per 1,000 per 1,000 people people people people people people people people July 1994 1995 ±L996 ±1996 1996 ±995 1996 ±997 India ..119 617001.5 0.05 Indonesia 20 . 232 3 0.4 .... 4.8 0.54 Iran, Islamic Rep. 17 238 164. 1 0.5 32.7 0.00 I raq 27 ..78 . .0 .00 Ireland 170 . 469 1519 9 .... ... 82 224.4... .... 145,0 90.89 Israel 281 . 303 160.5 184 25:0 117.6 104.79 Italy 105 .102 436 112 314.4... 92.3 36.91 Jamaica 66 764 326 73.9 22 . 4.6 1.36 Japan 576 700 87.9 214 102.2 128.0 75.80 Jordan 48 325 175 . 3 7 37.2 0.38 Kazakhstan .... .. .... ............ 275 .0..02.. 0.70 Korea. Dem. Rep. 213 -163 .115 ..0.1 .0.00 Korea, Rep. ........ .... 404 326 84.8 . ... 70 8.9 131.7 28 77 Kuwait .... ....... .. 401 . 373 89 20.7 74.1 21.72 Kyrgyz Republic ....... ....11 .. ... . ... ..238 ...0.23 Lao PDR 3 134 10 1.111-0 Latvia 228 .. 98 147.1 11 0.3 7.9 21.03 Lebanon 172 ..355 0.4 65 .2432.72 Lesotho 7 77 13 1 0.3 0 08 Libya ....... . 13 . ...... ....143 ...0.01 Lithuania 136 485 ... 376 80.9 . .... . 14 1.0 .. . ... 6.5 7.46 M acedonia, FYR 21 .. ...170 ... ...... .... 00 .... .. O 8 ............2.15 Madagascar 4 214 24 0 .003 Malawi 2 902 . . .00 Malaysia 124 473 228 74 5.0 42.8 19.30 Mali 4 168 11 0 . .0.03 Mauritania 0 188 82 . . 5.3 0.00 Mauritius 68 . 2.19 .18 17.7 31.9 1.84 Mexico 113 . 193 13.3 11 2.4 ......... 29.0 3.72 Moldova ...... 124 209 .....307 .. .... 8.4 .... .0... 0:1 1 . 2.6 0.39 Mongolia 88 79 ..... 63 8.8 0... . .. .0.9 ..........I... 0.07 Morocco 13 . 145 2 03 ...........1.7 0.32 Mozambique 5 46 3 0.4 ...04 . 0.8 0.02 Myanmar 23 71 7 0 0... 0.00 Namibia 102 . 29 4 . 12.7 2.16 Nepal 8 57 4... 0.2 .. ...... :.... 0:0 0.07 Netherlands 334 . 495 377.9 52 32.3 232.0 219.01 New Zealand 297 . 517 0.3 138 18.1 266.1 424.34 Nicaragua 307. 170 4.9 1 I 16 Niger 1 61 23 . .0.0.. 0.04 Nigeria 18 . 55 ..0 .4.1 0.00 Norway 607 .569 151.4 2873012.0 4.6 Oman 30 370 591 6 1.310 9 000 Pakistan 21 . 24 0 1.2 12 0.07 Panama...... .. 62 . ... ..... 229 . .. .... 11:3 .. 1.44 Papua New Guinea 15 .4 ..1 0:20.18 Paraguay 42 ..144 7.1 7 ..0.47 Peru 86 . 142 6 3 8 0.6 5.9 . 263 Philippine 65 168 125 5.9 13 0.7 9.30S59 Poland 141 535 418 70.4 6 1:4 362 .. 11:22 Portugal 41 . 367 17:3 ...........67 .... 5.0 60.5 18.26 PuertoRic 184 796 322 69:1 ...........45 .... 150.2 0.30 Romania 297..2610619 5.3 2.66 Russian Federation 267 341 386 69.4 2 0.22375.51 1998 World Development Indicators 295 9 ~5.11 Daily Radios Television Mobile Fax Personal Internet newspapers phones machines computers hosts Sets Cable subscribers per 10,000 per 1,000 per 1,000 per 1.000 per 1.000 per 1,000 per 1,000 Per 1,000 people people people people people people peep e peep e July 1994 1995 1996 1996 1996 1995 1996 1997 Rwanda 0 76 ... .. .0.01 Saudi Arabia 54 ..263 ..10 8.4 37.2 0.15 Senegal 6 ..38 0 ..7.2 0.31 Sierra Leone 2 67 17 . .0.2 ..0.00 Singapore 364 ..361 13.2 141 25.1 216.8 196.30 Slovak Republic 256 917 384 83.7 5 8.3 186.1 20.47 Slovenia 185 ..375 .130.8 20 7.8 47.8 85.66 South Africa 33 182 123 ..22 2.4 37.7 30.67 Spain 104 1,020 509 10.8 33 16.6 94.2 31.00 Sri Lanka 25 193 82 ..4 0.6 3.3 0.33 Sudan 23 311 80 ..0 0.2 0.7 0.00 Sweden 483 ..476 2-12.4 282 45.3 214.9 321.48 Switzerland 409 ..493 345.1 93 27.8 408.5 207.98 Syrian Arab Republic 18 ..91 ...0.3 1.4 0.00 Tajikistan 13 172 279 ..0 0.2 ..0.00 Tanzania 8 398 16 0.0 0 ...0.02 Thailand 48 204 167 3.5 26 1.7 16.7 2.11 Togo 2 362 14 ...2.4 ..0.01 Trinidad and Tobago 135 ..318 ..11 1.6 19.2 3.24 Tuni'sia 46 176 156 ..1 2.8 6.7 0.02 Turkey 44 126 309 7.6 13 1.6 13.8 3.60 Turkmenistan ...163 ......0.00 Uganda 2 126 26 ..0 0.1 0.5 0.01 Ukraine 118 ..341 I. 0.0 5.6 2.09 United Arab Emirates 161 ..276 ..79 16.8 65.5 7.66 United Kingdom 351 ..612 35.6 122 30.8 192.6 149.06 United States 228 ..806 239.5 165 64.6 362.4 442.11 Uruguay 237 ..305 22.0 25 3.5 22.0 3.18 Uzbekistan 7 ..190 ..0 0.1 ..0.06 Venezuela 215 ..180 10.1 35 1.1 21.1 2.06 Vietnam 8 ..180 ..1 0.2 3.3 0.00 West Bank and Gaza . .. .. Yemen. Rep. 17 45 278 1 0.2 .. 0.00 Yugoslavia, FR (Serb./Mont.) 90 ..185 ...1.4 ..2.72 Zambia 8 112 80 ..0 0.1 ..0.27 Zimbabwe 18 ..29 ...0.4 6.7 0.24 Low income 19 143 147 23.7 3 0.2 2.3 0.12 Excl. China & India 13 ..47 I .0.07 224 10 ~~~~~~~~ ~~~~~~~~1. 216 4.21 Lo-w-er middle inc o- m.e. .............92.................. 246 ..7 0.8 17.1 1.85 U6pp " . m id-dIe'i'n"co"m ..e 972933.7 18 2.7 30.5 9.73 Lo-w ..&.. m iddle'in"co ..me 50 13177..068715 E'a-st ..A"s i'a ..&.. Pa"cific ....29 1 0228 26.6 0.4 4.5 0.57 Europe & Central Asia 1 7 1 .350 6 1.2 ....1.7.4 6.53 Latin America & Carib. 83 ..261. 41923.2 3.48 Mviddlj e*East & N Arc'a' 37..... 144...... .. 3 1.0 17.1 0.20 Sub-Saharan Africa 11 ..4 .. .2.03 Hihincome 303 ..611 160.1 131 47.5 224.2 203.46 296 1998 World Developwnent Indoicators 5.11 The table includes indicators that measure the penetra- be registered. To the extent that households do not reg- * Daily newspapers are the number of newspapers pub- tion of the information economy-newspapers, radios, ister their televisions or do not register all of their televi- lished at least four times a week, per 1,000 people. television sets, mobile phones, fax machines, personal sions, the number of licensed sets may understate the * Radios are the estimated number of radio receivers in computers, and Internet hosts. Other important indicators true number. use for broadcasts to the general public, per 1,00O peo- of information and communications technology-such as Because of different regulatory requirements for the ple. * Television sets are the estimated number of tele- the use of teleconferencing or the use of the Internet in provision of data, complete measurement of the vision sets in use, per 1,000 people. * Mobile phones organizing and mobilizing conferences, distance educa- telecommunications sector is not possible. refer to users of portable telephones subscribing to an tion, and commercial transactions-are not collected sys- Telecommunications data are compiled through annual automatic public mobile telephone service using cellular tematically and so are not reported here. questionnaires sent to telecommunications authorities technology that provides access to the public switched Data on the number of daily newspapers in circulation and operating companies. The data are supplemented telephone network, per 1,000 people. * Fax machines and radio receivers in use are obtained from statistical by annual reports and statistical yearbooks of telecom- are the estimated number of facsimile machines con- surveys carried out by the United Nations Educational, munications ministries, regulators, operators, and nected to the public switched telephone network, per Scientific, and Cultural Organization (UNESCO). In some industry associations. In some cases estimates are 1,000 people. * Personal computers are the estimated countries definitions, classifications, and methods of enu- derived from ITU documents or other references. number of self-contained computers designed to be used meration do not entirely conform to UNESCO standards. Data on fax machines exclude fax modems attached by a single individual, per 1,000 people. * Intemet hosts For example, newspaper circulation data should refer to to computers. Some operators report only the equipment are the number of computers directly connected to the the number of copies distributed, but in some cases the they sell, lease, or register, so the actual number is almost worldwide network of interconnected computer systems, figures reported are the number of copies printed. In addi- certainly much higher. per 10,000 people. All hosts without a country code iden- tion, many countries impose radio license fees to help pay Estimates of the number of personal computers (PCs) tfication are assumed to be located in the United States. for public broadcasting, discouraging radio owners from are derived from an annual questionnaire, supplemented declaring ownership. Because of these and other data col- by other sources. In many countries mainframe comput- Data sources lection problems, estimates of the number of newspapers ers are used extensively, and thousands of users can be and radios vary widely in reliability and should be inter- connected to a single mainframe computer; thus the num- Data on newspapers and radios preted with caution. ber of PCs understates the total use of computers. -,,'are from UNESCO, which com- Data presented for other electronic communications Internet hosts are assigned to countries based on the piles data mainly from official and information technology are from the International host's countrycode. though this does not necessarily indi- replies by member states to Telecommunication Union (ITU) and Network Wizards. cate that the host is physically located in the country. In - UNESCO questionnaires and Data on television sets and cable television subscribers addition, all hosts lacking a country code identification are special surveys, but also from are supplied to the ITU through annual questionnaires assigned to the United States. Thus the number of official reports and publica- sent to national broadcasting authorities and industry Internet hosts shown for each country should be consid- tions, supplemented by infor- associations. Some countries require that television sets ered an approximation. mation from national and international sources. Data on television sets, mobile phones, fax machines, and per- sonal computers are from the annual questionnaire sent to member countries by the ITU. These data are reported Mobile telephones play a big role in countries with limited traditional telephone services in the ITU's World Telecommunication Development Cellular subscribers as % of all telephone subscribers, 1995 Report or the Telecommunications Indicators database. ?'runt .Thetext also draws on ITU sources. Data on Intemet hosts - n,i,po~ns -are from Network Wizards (http://www.nw.com). : LSbCflC,rine * 04i''1d - C r ThaJia,#1 r. mnween C c-mpo Dern. Pep v MgaXsla AuwV, i Hart rg dwarl, * S- HLanka v * C T t,,~~~~~~I e'a * ioew1+ Ltntd,Ibe Sj5i~~~5~r. ~ ~ ~ UnneuAeia .'amaica ltralr , lUesedMingUTr-, Bra'a. cr 2 0,, *eIe HeZ wiii *Ctia * kleco n Gerroiri-rc 0 10 20 30 40 50 60 70 80 Mainlines per 100 inhabitants, 1995 Source: International Telecommunication Union. I,i sroe, dereloping countries-moilh In Southeast A;la and Soutn a.las- lIith lo* Axed-lie penetrat'n. cellwlar mobile ser.icas are deWeIomng 3s subsTurtoea 1o Iradidional f m&duine ser.cen. Cro*th in cellulai mobile ier,ces 6 reintorced b% sto.ng denir3d las expreied. for e rample. through ,n0g *an..ag fish and r-mes to, ftea41rne 4erOcel ana cornpetnhe senice pro%nilort. In Ind.slrlai couries cellular mpobile merIkces rainis compler. em fixeo.4ine miwces. 1998 World Development Indicators 297 5.12 Science and technology Scienrtists Technicians Expenditures Higii-technology Royalty and Patent and in fDr exports license fees applications engineers R&D R&D filed' in R&D %of per million Per mill,ion $ manufactured Receipts Payments Non- people peopl % of GNP millions exports $ millions $ mn,l ions Residents residents 1981-95b 1 1981-9 19195 1996 1.996 1990 1.996 1990 199 I1995 1995 Albania ...... 0 0 0 0 .. 1,564 Algeria .. 46 15 0 I. 28 114 Angola .. . .. . 0 18 0 0 Argentina ..0.3 1.195 17 4 6 409 221 Armenia .. . .. .. *. 15,570 Australia 2,477 943 1.4 6,226 39 162 251 827 1,089 9,325 28,156 Austria 1,604 801 1.5 11,975 24 91 181 287 691 2,419 63,707 Azerbaijan . .........221 31 Bangladesh 0 0 0 5 70 156 Belarus .3,300 5-15 0.9 ......... 626 16,625. Belgium 1,814 2,200 1.7 . .. 682 683 1,328 1,197 1,464 52,187 Benin .. . .. .0 0 0 0 Bolivia 250 154 1.7 71 41 0 0 3 5 17 106 Bosnia and Herzegovina Botswana .. . ,0 0 8 6 1 50 Brazil 165 58 0.4 4,448 18 12 32 54 529 2.757 23,040 Bulgaria 4,240 1,205 1.7 0 .. 0 .. 370 16,953 Burftina Faso . .. 0 0 0 0 Blurundi ... 0 0 0 0 1 Cambodia Cameroon 4 3 1 0 0 1 Canada 2,322 978 1.6 30,715 24 . . .. 3,039 40,565 Central African Republic 55 31 -. 0 0 0 .. 0 .Chad 0 ~ 0 0 0 - Chile 0.8 388 18 1 63 37 51 181 1,535 China 537 187 0.6 26,936 21 0 .. 0 .. 10.066 31,707 Hong Kong, China .. . . 7,032 27 . ... .. 23 1,938 Colombia . . 815 21 21 59 13 49 141 1,093 Congo, Dem. Rep. . .. .. .. .3 15 Congo, Rep. 2 12 0 .. 0 Costa Rica 539 .95 14 1 3 9 12 MSedilvoire .. .. . 0 0 0 0 Croatia 1,977 845 .. 561 17 . ... .. 265 335 Cuba 1,369 878 0.9 . .. . ... . 104 33 Czech Republic 1,285 949 1.3 2,485 14 .. 43 .. 98 628 19, 382 Denmark 2,647 2,656 1.9 7,386 2 5 0 .. 0 .. 2,257 59.810 Dominican Republic .. . . 295 19 0 0 0 11 Ecuador 169 2-15 0.1 45 11 0 0 37 68 8 270 Egypt, Arab Rep. 458 340 _1.0 101 9 0 55 0 40 El Salvador 19 29.9 0o.0 .73 17 0 0 1 3 3 64 Estoni'a 3.296 550 0.6 272 19 0 1 0 3 16 14,751 Ethiopia .. . .. .0 0 00 Finland 3,675 2,360 2.3 7,663 23 50 66 317 465 2,533 20,192 France 2,537 2,926 2.5 68,655 31 1,295 1,860 1,629 2,627 16,140 73,626 Gabon 20 32 0 0 0 0 Gambia, The . .. 0 0 0 0 Georgia ......... 288 15,660 Germany 3,016 1,607 2.6 110,000 25 1,967 3,320 3,797 5,666 51,948 84,667 Ghana .. . .... 1 ..42 Greece 774 314 0.5 728 13 0 0 15 57 452 44,697 Guatemala 95 15 0 .. 0 .5 57 Guinea Guinea-Bissau ,,c 0 Haiti ...C 0 0 0 . Honduras 8 3 0 0 3 9 7 40 298 1998 World Development Indicators 5.12 Scient'ists Technicians Expenditures High-technology Royalty and PatenFt and in for exports license fees applications engIneers R&D R&D filed' in R&D % Of per mnillion per million $ manufactured Receipts Payments Non- people people % of GNP millions exports $ millions $ millions Residents residents i951-95b j95j.-955 1981-95h ±.996 1.996 ±9 199 6 1.990 1.996 1995 1996 Hungary 1,157 588 1.0 1,690 19 49 45 36 132 1,117 19,770 India 151 114 0.8 2,350 1 0 1 1 7 2 90 1,545 5,021 Indonesia .. . . 4,676 18 0 0 0 0 Iran, Islamic Rep. . 0 278 2 Iraq .. ~ ~ ~~~~~~~~~~~~~~~.. .... ..... .. ... . . ... .. .. .... .... 6 .. .... 2 4 Ireland 1,87-1 5-10 1.4 23,192 62 38 94 591 3,434 927 44,660 Israel .. .. 2.2.5.654 30.63 142 73 172 1,266 3,159 Italy 1,303 796 1.3 34,442 15 1,040 381 1,959 1,027 1,625 63,330 Jamaica .. 619 67 3 4 7 .19 754 Japan 5,677 869 3.0 151,000 39 2,866 6.683 6,051 9,834 335,061 53,896 Jordan .. 183 26 0 0 00 Kazakhstan . . . . . . .. 1.031 16,368 Kenya _9 5 6 0.. 28,728 Korea, Dem. Rep. . .... ......... 15,693 Korea, Rep. 2.636 317 2.8 44.433 39 37 185 136 2,431 59,249 37,308 Kuwait .. 77 13 Kyrgyz Republic .. 47 24 . 119 15,599 L e P O .... ......... ... ......0..0.I0..0 Latvia 1,165 3 . 143 16 0 0 0 1 210 16,140 Lebanon. 67 2 ... .. . Lesotho ... . 00 108 2,8 Libya 361 493 0..2 . .. 0. 0..6 37 Lithuania 1,278 . .. 365 .23 . 0 4 106 .. .15,882 Macedonia, FYR 1,258 334 ... . . 0 3,084 Madagascar 2 3 1 15,802 Malawi ..1 3 0 0 0 0 5 28,868 Malaysia 87 88 0.4 39,448 67 0 0 0 0 141 3,91-1 Mal... .0 0 0 0. Mauritania ... . 0 0 0 0 Mauritius 361 158 .0.4 ....14 _1 0 0 O. 03 4 Mexico 95 2 7 0.3 24,179 32 73 122 380 360 436 23,233 Moidova . 15 9 .. . 271 15,606 Mongolias. 1 2 0 0 130 15,847 Morocco .. 568 24 45 6 3 9 292 MzambIq. e ....1 54 04 .. 60, 38 Myanmar ... . 0 .. 0 Namibia ... . 1 033 Nepal 22 5 0 0 00 00 3 5 Netherlands 2,656 1,774 1.9 46,651 42 1,086 2,361 1,751 2.852 4,460 59,279 New Zealand 1.778 822 ...11. 428 11 0 . .0 0. .0. 1,418 19,230 Nicaragua .. 88 40 0 0 0 0 35 Nigeria .. .. .. 0 0 0 0~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~.......... Norway 3,434 1,705 1.9 2,703 24 133 729 148 942 1,278 20,398 Oman .. 65 8 0 .. 0 Pakistan 54 76 ~ 269. 3 0 6 ~ 0. 21, 21 ... .678 Pa ..ama . .. 1. .... .... . ... .. .9_ II. 16 _62 Papua New Guinea ... . 0 0 0 0. .. . . Paraguay ..8 4 0 .. 0 Peru .. 94 11 .. 2 5 63 Philippines .. 10,561 62. 1 2 38 99 Poland 1,083 .1,380 0.9 -1,926 11 0 24 0 144 2,598 19,491 Portugal 599 381 0.6 2.295 12 14 26 117 262 96 58,605 Puerto Rico .. .. .. .. .. .. .. .. ..~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~..... . Romania 1,382 613 0.7 442 7 0 101 0 12 1,811 16,856 Russian Federation 4,358 905 0.8.. . 17,611 23,746 1958 World Development Indicators 299 5412 Scientkists Technicians Expenditures Hightechnology I Royalty and Patent and In for exports license fees applications engineers R&D R&D filed' in R&D % of per million per million $ manufactured Rece.pts Payments Non- people people % of GNP millions exports $ millions $ millons Residents residents 1981-951 1.981.,95b 1983-95b 1996 1.996 .1990 1996 1.990 1996 1995 1-995I Rwanda 0 0 0 1 Saudi Arabia . .. 0 0 0 28 718 Senegal 145 55 1 .7 0 0 Sierra Leone ..0 ..0 .. Singapore 2,512 1,524 1.1 73,101 71 ......10 11,871 Slovak Republic 1,922 796 1.1 982 16 .. 18 .. 83 273 17,659 Slovenia 2,998 2,390 1.5 1,180 16 4 6 5 27 318 16,267 South Africa ,. . . . . 54 67 130 250 5,549 5,501 Spain 1,098 342 0.9 13,179 17 90 238 1,022 1,424 2.329 68~922 Sri Lanka ~65 . 3 0 0 0 0 76 15,944 Sudan .. 0 ..0 ... 28,951 Sweden 3,714 3,173 3.5 20,905 31 563 997 743 1.006 6,396 64,185 Switzerland . .. 26... ...... 5.116 64,626 Syrian Arab Republic .. . . 0 .0 ..43 12 Tajikistan . ... ..33 15.598 Tanzania . .......0 ..0 Thailand 173 51 0.2 14,746 36 0 25 170 7.17 Togo .. . . . . 0 0 0 0 Trinidad and Tobago .. . . 312 33 0 0 7 0 24 15,515 Tunisia 388 71 0.3 450 10 1 1 1 2 31 115 Turkey 209 23 0.8 1,326 8 ...... 206 1.506 Turkmenistan . ... ...... . 8,420 Uganda .. . . 0 0 0 0 .. 20,840 Ukraine . .. . 4,806 17.548 United Arab Emirates United Kingdom 2,417 1,019 2.2 85,035 40 2,540 4,725 2,992 3,625 25,355 90,399 United States 3,732 . .. 198.000 44 16.635 29,973 3,138 7,322 127,476 107,964 Uruguay .. . . 91 10 0 0 0 8 Uzbekistan. 1,760 .313 .. . . . .. . 1,039 15,873 Venezuela 208 32 0.5 377 14 ... .2 Vietnam ...23 16,959 West Bank and Gaza . . . Yemen, Rep. .. . , 0 0 Yugoslavia, FR (Serb./Mont.) 1,476 400 .. 141 16 .592 230 Zambia .. . . . . 0 ..0 .4 90 Zimbabwe .. . . 33 5 1 1 8 6 56 177 a. Other patent applications filed in 1995 include those filed under the auspices of the African Intellectual Property Organization 127 by residents, 15,819 by nonresidentsl. Afr can Regional industrial Property Organization 14 by residents. 15,032 by nonresidents), and European Patent Office 135.390 by residents. 42,869 oy nonresidents). information was originally provided by the WIPO. The International Bureau of WIPO assumes no liability or responsibility with regard to the transformation of this data. b. See Primary data documentation for survey year. 300 -1998 World Development Indicators 5.12 0 -~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~I Rapid progress in science and technology is changing the goods used in producing the final good. Industries clas- * Scientists and engineers in R&D are people trained to global economy and increasing the importance of knowl- sified on the basis of the U.S. Standard Industrial workinanyfieldofsciencewhoareengagedinprofessional edge as a factor of production. It is also driving rapid Classification (SIC) were ranked according to their R&D R&D activity (including administrators). Most such jobs shifts in comparative advantage between countries. The intensity, and the top 10 SIC groups (three-digit classifi- require completion of tertiary education. * Technicians in table shows several key indicators that provide a partial cation) were designated as high-technology industries. R&D are people engaged in professional R&D activity who picture of the 'technological base": the availability of The industry ranked tenth had an R&D intensity index 30 have received vocational ortechnical training in anyrbranch skilled human resources (scientists, engineers, and percent greater than the industry ranked eleventh and o1 knowledge or technology of a specified standard. Most technicians employed in research and development), the was more than 1OD percent greater than the average for of these jobs require three years beyond the first stage of competitive edge countries enjoy in high-technology manufacturing. secondary education. * Expenditures for R&D are current exports, sales and purchases of technology through roy- To translate Davis's industry classification into a def- and capital expenditures (including overhead) on creative, alties and licenses, and the number of patent applica- inition of high-technology trade, Braga and Yeats (1992) systematic activity intended to increase the stock of knowl- tions filed. used the concordance between the SIC grouping and the edge and on the use of this knowledge to devise new appli- The United Nations Educational, Scientific, and Standard International Trade Classification (SITC) revi- cations. This includes fundamental and applied research Cultural Organization (UNESCO) collects data on scien- sion 1 classification proposed by Hatter (1985). Given and expenmental development work leading to new tific and technical workers and research and develop- the imperfect match between SIC and SITC codes, Hatter devices, products, or processes. * High-technology ment expenditures from member states, mainly from estimated high-technology weights (the share of U.S. exports are goods produced by industries (based on U.S. official replies to UNESCO questionnaires and special high-technology imports and exports in each SITC group, industry classifications) that rank among a country's top surveys, as well as from official reports and publica- based on 1975-77 U.S. trade data) to highlight the rel- 10 in terms of R&D expenditures. Manufactured exports tions, supplemented by information from other national ative importance of high-technology products in SITC are commodities in the SITC, revision 1, sections 5-9 and international sources. UNESCO reports either the groups. In preparing the data on high-technology trade, (chemicals and related products, basic manufactures, stock of scientists, engineers, and technicians (all qual- Braga and Yeats considered only SITC groups (at a four- manufactured articles, machinery and transport equip- ified persons in those fields on a given reference date) digit level) that had a high-technology weight above 50 ment, and other manufactured articles and goods not else- or the number of economically active persons qualified percent. Examples of high-technology exports include air- where classified), excluding division 68 (nonferrous to be scientists, engineers, or technicians (people craft, office machinery, pharmaceuticals, and scientific metals). * Royalty and license fees are payments and engaged in or actively seeking work in any branch of the instruments. It is worth noting that this methodology receipts between residents and nonresidents forthe autho- economy on a given date). Stock data generally come rests on the somewhat unrealistic assumption that using rzed use of intangible, nonproduced, nonfinancial assets from censuses and are less timely than measures of the U.S. input-output relations and trade patterns for high- and proprietary rights (such as patents, copyrghts, trade- economically active population. UNESCO supplements technology production does not introduce a bias in the marks, industrial processes, and franchises) and for the these data with estimates of the number of qualified sci- classification. use, through licensing agreements, of produced originals entists and engineers by counting the number of people Most countries have adopted systems that protect of prototypes (such as manuscripts and films). * Patents who have completed education at ISCED (International patentable inventions. Under most legislation concern- are documents, issued by a government office, that Standard Classification of Education) levels 6 and 7; ing inventions, to be protected by law ('patentable"), an describe the invention and create a legal situation in which qualified technicians are estimated using the number of idea must be new in the sense that it has not already the patented invention can normally only be exploited people who have completed education at ISCED level 5. been published or publicly used; it must be nonobvious (made, used, sold, imported) by, or with the authorization The data on scientists, engineers, and technicians, nor- ("involve an inventive step") in the sense that it would of, the patentee. The protection of inventions is limited in mally calculated in terms of full-time equivalent staff, not have occurred to any specialist in the particular time (generally 20 years from the filingdate ofthe applica- cannot take into account the considerable variations in industrial field, had such a specialist been asked to find tion for the grant of a patent). Information on patent appli- quality of training and education. a solution to the particular problem; and it must be capa- cations filed is shown separately for residents and Data on R&D expenditures may reflect the different ble of industrial application in the sense that it can be nonresidents of the country. tax treatment of such expenditures. In some countries industrially manufactured or used. Data on patent appli- they may also reflect large and possibly unproductive out- cations filed by residents and nonresidents are shown in Data sources lays by governments or state-owned research establish- the table. The World Intellectual Property Organization ments. (WIPO) estimates that at the end of 1995 about 3.7 mil- Data on technical personnel and R&D expenditures are col- High-technology exports are those produced by a coun- lion patents were in force in the world. ected by UNESCO and published in its Statistical Yearbook. try's 10 most R&D-intensive industries. Industry rankings Information on high-technology exports are from the United are based on a methodology developed by Davis (1982). Nations COMTRADE database. Data on royalty and license Using input-output techniques, Davis estimated the tech- fees are from the IMFs Balance of Payments Statistics nology intensity for U.S. industries in terms of the R&D Yearbook. Data on patents are from WIPO's Industrial expenditures required to produce a certain manufactured Property Statistics. good. This methodology takes into account direct R&D expenditures made by final producers as well as indirect R&D expenditures made by suppliers of intermediate 1998 World Development Indicators 301 [ * .* G lobal economic integration increases the ability of individuals and firms to undertake economic transactions with residents of other countries. Critics and proponents of globalization generally agree that the world is more integrated now than 50 years ago. But they disagree on whether integration is an oppor- tunity or a danger and whether increasing integration is a strategic choice or an inevitable consequence-for better or worse-of economic and technological change. How much more integrated is the world? Which countries have been included, and which left out? Have new, market-based links (such as investment) replaced old, official ones (such as aid)? The answers to these questions are important for shaping future development strategies, and they depend in part on how integration is measured. There are two broad approaches to measuring integration: evaluation of the barriers to integration and evaluation of the outcomes of integration. In a fully integrated world there would be no official barriers to negotiating and execut- ing economic transactions-anywhere. And residents of one economy would face no higher transactions costs in another economy than in their own. Barriers to integration begin at the border with tariffs and nontariff barriers but are but- tressed by a wide range of domestic policies and practices. Their outcomes can be seen in the volume of trade and capital flows or in the pattern of product and asset prices across countries. Average tariffs, nontariff barrier coverage ratios, and indicators of capital controls are all useful indicators, and they are frequently cited as evidence of significant reductions in baffiers since World War II-especially in the past two decades. But the story they tell may be misleading. Posted tariffs are not always collected. Capital controls can be evaded. Behind-the-border barriers such as domestic regulation, private collusive behaxior, and information asymmetries- for which we lack even the simplest quantitative indicators-may be more restrictive. And obstacles to integration extend beyond official actions to include market structures, technology, geography, and access to infornation. These difficulties in measuring the barriers to integration lead many to instead measure the outcomes of integration. Such studies focus on the effect integration has on trade or capital flows or product or asset prices. Such indi- cators suggest that global integration has increased in recent decades, but that considerable segmentation remains between national markets. One difficulty for outcome studies is disentangling the separate influences of the many forces affectingmarket outcomes. In whatfollowswe reviewsomeofthe prices, the economist's 'law of one pnce" suggests that in the techniques for measuring global integration. Such efforts may absence of official barriers, and given a nunmber of other assump- send contradictory signals, however. Globalization is far from tions, arbitrage should lead to equalization of the prices of prod- complete. No measure-or even group of measures-suffices as ucts or financial assets, when stated in a communll currency, an unambiguous indicator of what is occurring. This is especially wherever traded. But numereous stlulies have duetrinenred large the case when comparing countries that are only beginning to and persistent deviations from the law of on1e pvice in product open their doors to the global market. markets, even among narrowly defined and highly taded prod- ucts. Several reasons have been suggested for the apparent lack of Border barriers arbitrage in product marlkets: Indicators of average tariffs and nontariff barriers help to iden- * The goods compared are not exactly equivalenit. tify countries that have policies conducive to global integra- * Transportation costs drive a wedge between prices in different tion. But such indicators may be incomplete or misleading. markets. Widespread exemptions or rebates, sometimes granted in * Prices tend to be sticky in the c -rrencv in which the product response to lobbying, lower effective barriers to well below offi- is sold, remaining stable in local currency terms despite swings cial rates (figure 6a). Other problems arise in aggregating tar- in nominal . .1, -, rates. iffs on individual products into a summary measure. Simple * Tariff and nontariff trade barriers. averages ignore the differing economic importance of product * Differences in national product standards-such as differ- lines, and import-weighted averages understate the signifi- ences in electricitv voltage or the side of the road on which cance of the tariffs that have been most successful in reducing automobiles are driven-make arbitrage mo(rie difficult. imports. Coverage ratios show the share of imports covered by * Noncompetitive market structures. nontariff barriers such as import quotas, but not the restric- * The cost of local marketing and retailing. Inefficiencies in tiveness of the barriers. And measures based on tariff rates and retail distribution are often cited as a reason for Japan's high nontariff barrier coverage ignore the effects of domestic taxes retail prices. and subsidies, which are often used to replicate trade barriers. Engel and Rogers (1995) reviewed several of these factors as Official controls on international capital movements are explanations for price dispersion in a sample of 24 coun1tries. They even less amenable to direct quantitative measurement or confirm the importance of distance and exchange rate move- cross-country comparison. Without detailed qualitative analy- ments (price stickiness). But the)' find formal trade barriers to be sis of the rules and regulations controlling capital account insignificant. After allowing for these factors, they find price dis- transactions in each country, often the most that can be said is persion to be significantlv lower betweeni countries in the same whether a particular control is used. Behind-the-border barriers National standards and regulations can both help and hinder inte- In many countries collected tariffs run well below of Ficial rates gration. Help because they allow products to be compared on a common basis, lowering the cost of collecting information about Colected rate (%) 100 the product for consumers and producers and facilitating economies of scale and diffusion of new technologies embodied 80 45 degree in standards. Many developing countries lack national standards line Pakistan that are compatible with the international norms developed by / 1991 such bodies as the International Standards Organization. 40 Moreover, the national institutions responsible for developing Kenya standards and assessing conformity are often weak. 20 1987 But standards and regulations can also frustrate competi- 0 tion-if, say, they apply exclusively to foreign suppliers and 0 20 40 60 80 100 125 require foreign products to undergo more costly health and safety Official rate (%) tests. The fact that different countries pursue regulatory objectiVes Source: World Bank staff estimates. in different ways can also handicap multinational firms operating in several countries, relative to those operating in one, by forcing them to comply with different regulations and thus lose economies of scale. Measuring outcomes Outcome measures of integration look either at quantities, such as volumes of international trade and capital flows, or at pnices, such as product prices or assist prices and yields. Starting with 304 1998 World Development Indicators region, such as Canada and the United States or members of the An alternative indicator of trade integration is the "home bias" European Union (though not Mexico and the United States or measure, which aims to provide an all-inclusive summary of bar- countries in Asia). They suggest that greater price uniformity riers to trade. This measure is defined as purchases from domes- within regions could reflect more integrated marketing and dis- tic suppliers relative to purchases from other countries, after tribution systems. adjusting for such factors as the size of exporter and importer Ratios of total trade (exports plus imports) to GDP are the economies, bilateral distance, location of the importing country, most widely used quantitative measure of product market inte- and whether the countries share a common language or border. gration. Before these ratios can be used for cross-country com- Shangjin Wei (1996) found that in 1982-94 OECD countries pur- parisons of integration, they must be adjusted for the influence of chased about 2.5 times more from themselves than from other- structural factors-such as country size, factor endowment, geo- wise identical foreign countries. The United States has the lowest graphic isolation, and stage of development: home bias-statistically indistinguishable from one. Mexico and * Large countries tend to trade less than small countries Portugal have the highest, with domestic purchases running five because they contain more diversified resources. to six times those from similar foreign countries (figure 6b). The * Countries that are well endowed with natural resources, such average home bias for OECD countries fell slowly during 1982-94, as oil, export and import more. but the drop was especially marked among EU members. * Countries with an abundance of labor, such as those in East Shang-jin Wei's study also found that sharing a common lan- Asia, may undertake more processing and assembly trade, with guage is a big determinant of trade-countries with language ties a high content of imported intermediate imports and less have 80 percent higher trade than otherwise. A common language value added per dollar of gross output. greatly reduces the transactions costs associated with gathering * Rich countries appear to be less integrated than they really are information, making contacts, and conducting negotiations. because they devote more of their output and consumption Immigration also may foster trade between industrial and devel- to services, which are harder to trade. They also tend to have oping countries by helping to overcome obstacles created byweak higher prices for services, which again makes them seem less international trade institutions in developing countries (Gould integrated by their trade-GDP ratios. 1994). Immigrants know the language of their home countries * Trade data in gross terms compared with GDP in value added and have detailed knowledge of home country tastes and prod- terms can inflate trade-GDP ratios. This problem can be cor- ucts. And they often have access to networks of contacts with high rected by stating trade in value added terms or domestic prod- levels of mutual trust, lowering the transactions costs of negotiat- uct in gross output terms, but such data are available for only ing and enforcing contracts. a few high-income countries. Integrating financial markets 111111111111 _________t When applied to financial markets, the law of one price implies that, with full integration, identical financial assets (except for OECD countries prefer to buy at home their currency and political jurisdiction) should have identical prices or yields once exchange rate risk has been hedged or cov- F ;r,g.? ;r.;rjmTw?r r y nrE,n,r...nr laIocur,ib i;;-9J ered in the forward market. Covered interest rate differentials among most industrial countries are now quite small, reflecting extensive capital market liberalization during the 1970s and 1980s. In Europe the Single European Act, passed in 1987, , I I appears to have turned the corner for such countries as France, I I I I I I I I I where covered spreads on three-month interbank deposits fell I21 1 I 1 1 I I I I I I I I from more than 200 basis points in 1982-86 to near zero in the l early 1990s. : 1 High explicit or implicit barriers to capital movements remain - s,. ;s ai*t 5^ ,, ,w6s.!' *" F'~ commonin mostdevelopingcountries,however.Amongthesmall -1' :r - '>S;t- F:' x: .~P number of emerging markets with data on forward exchange rates, covered interest differentials averaged more than 600 basis Source: r.;r.-.j i:l points in 1982-88. If all countries can borrow and lend in integrated global cap- ital markets at the same expected real interest rate, there should be no connection between domestic investment and national sav- ings. In other words, the regression coefficient of investment on savings rates-the savings retention ratio-should be zero under complete financial integration. But this ratio is typically much closer to one than to zero, leading some to argue that capital mar- kets are much less integrated than is commonly supposed. 1998 World Development Indicators 305 Others deny such a conclusion. They say that savings is an endogenous variable and that both savings and investment reflect common factors-such as the economic cycle or demographic Savings retention ratios have returned to 19th century levels and productivity trends. Budget constraints may place bounds on Partial correlation of investment to savings how far savings and investment can diverge over long periods. In 1.0 particular, developed economies may be much closer to their desired long-run capital stock than developing countries, which C 8 may have many unused investment opportunities and thus require 0.6 large capital inflows-a feature that also helps explain why devel- - oping countries have lower savings retention ratios than devel- 0.4 oped ones. 0.2 Savings retention ratios for industrial countries rose sharply in 0 the 1930s and remained high through the 1950s, a period char- o acterized by extensive capital controls (figure 6c). But by the 1980s 1885-99 1900S13 192s38 197480 1981O85s198690 these ratios had fallen close to the levels at the end of the 19th cen- Source: World Bank staff estimates. tury, a period of high capital mobility. As in product markets, there is no reason for a high degree of financial integration or capital mobility to necessarily result in said about transactions costs, exchange rate risks, and political risks. high gross capital flows. But there are reasons to think that it The fact that foreign assets in investor portfolios aie tuLried over at should (Montiel 1993). For example, with financial integration a significandy higher rate than domestic assets also casts doubt on the geographical location of traders does not matter, so the vol- the idea of high transactions costs as a cause of home bias. ume of transactions crossing borders should be high. Moreover, if Thus there is an international diversification puzzle. financial assets in different countries have different risk and Explanations include the possibility that investor expectations are return characteristics, individuals can insure themselves against less than fully rational-that is, investors systematicallv overesti- risks to consumption by diversifying their asset portfolios interna- mate retums on domestic assets. Another interesting area of inves- tionally. Thus many countries with low or negative net capital flows tigation concerns the role of information asymmetries. Gordon with the rest of the world continue to have high two-way gross cap- and Bovenberg (1996) argue that foreign investors may be handi- ital flows. capped relative to domestic investors by their poorer knowledge of Although international capital flows have grown rapidly in the domestic market. Because thev are poorly informed, they are recent years, they remain well below what financial models suggest vulnerable to being overcharged when they acquire shares in a firm should prevail under full international capital mobility. With per- or purchase inputs and services. They also risk misju tdging markets fect capital mobility, the proportion of loans by a country's resi- and, therefore, investing real resources less efficiently. For exani- dents that go to domestic borrowers should be about the same as ple, foreign investors tend to pay much more than domestic the country's share in global lending (Golub 1990). For a small investors to acquire publicly traded U.S. firms, and foreign sub- country whose share in global lending is close to zero, for exam- sidiaries earn much lower rates of return than doniestic firms. ple, very few loans by domestic residents will go to domestic bor- rowers. (Conversely; nearly all of the country's borrowing should Links and ChiE2.s come from foreign lenders.) A more integrated world is not without risks. The recent financial In 1980-86, however, the share of loans by domestic residents crisis in East Asia demonstrates some of the risks, just as the that went to domestic borrowers in OECD countries ranged from region's spectacular earlier growth demonstrates some of the ben- a low of 60 percent in Belgium to a high of 94 percent in the efits. As economies become more closely linked, they become United States, with an average of 86 percent. In all cases this ratio more dependent on one another's performance. Failures of man- was much higher than the countries' shares in overall OECD lend- agement and governance in one economy may be transmitted to ing, suggesting a strong home bias in international portfolio allo- another as swiftly as electronic signals. But an integrated world is cation, similar to that in product markets, though the size of this better able to diversify risk and to provide insurance against dis- bias appear to have fallen since the 1970s. asters, both natural and humanmade. Does the strong home bias in financial portfolios mean that Ultimately, the value of integration must be assessed by its intemnational capital market restrictions have resulted in significant effect on people's lives. An integrated global economv may be segmentation of national financial markets? This may be a plausi- more efficient, but it also may be less comfortable for many peo- ble explanation for low holdings of developing country assets in ple. The continuing debates over tariff reductions and capital internationial portfolios, giveri tlat financial liberalizationi in these accounL liberalization ieflect a de1ep suspicion that the benefits of countries gathered pace only in the 1990s, and then in only a small globalization have been ove rsold. Conicerns about civirninmental group of countries. But it is less plausible for home bias among and social protection will also have to be resolved as globalization industrial countries, where capital nmarket restrictions would have proceeds. Better measures of policies and their otit(omes can to be much higher to explain the observed facts. The same can be inforn this debate. 306 1998 Wortd Development Indicators I . s!~ ~~~~~~~~~~~P _TIIR-4 1.M FTT- 11;! - j ~ ~ ~~~~~~~~~~ r _s1 r. ~ n:r Ig~~- v . - Total net official development finance Note: Official concessional finance comprises inflows of official development assistance and official aid -~~~ ~to Eastern Europe and the former Soviet Union. The data shown here exclude F funding for technical cooperation and - ~~~~flows to high-income economies. Nonconcessional finance comprises net fiows from bilateral and multilateral sources. Foreign direct investment was essentially flat in 1997 after jumping from $24 billion in 1990 to almost _ _ _ ~~~~~~~~~~~~~~~~~~~~~~by liegion - U~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Q _v In 308 1998 World Development Ind icators Despite a leveling of foreign direct investment and a sharp drop in portfolio equities, private capital flows remained the largest source of finance to the developing world in 1997. But most of these flows went to a handful of countries. The rest continue to depend on a declining flow of aid. Portfolio equities took a big hit in 1997, falling by nearly a third - 6 - - $ billions 30s 7.~~~,~ ~ 300 Sub- 3cr:js I ~ ~ { ] - r ] i ~ 300 - ISaharan Africa I I ~~~~~~~~~~~~~~~~~8 2--.,: i~ ISi l l250 S outh Asia Ba~ a - tr1 U i reil E -- - ----- Latin Ii'-' :,.li.erl>¢l 2|||11 l200 America ~~~~~~~~ I ~~~~~~~~~~~~~~~~~~ - It -and Caribbean d I.rrTCI1O e,-urL | - | 5 1 94 IYJ 150 Middle East | 5 _ and North Africa 14 and Central Asia _0 East Asia and 0 Pacific [! ~~~ ~ ~~~~~~~~~~~~~~~0 _89 Source for both pages: World Bank. Global Development Finance 1998. 1998 World Development Indicators 309 6.1 Integration with the global economy Trade Trade Growth Mean Gross private Gross foreign direct in goods in real tariff capital flows investment trade less growth in real GDP % of %of percentage Al pronucts % of 4/ o f PPP GDP good clGO P points %PPP GDP PPP GDP 1986 1998 1.986 1996 1986-96 I1,990-961 1986 1996 1986 1996 Albania 30.0 76.7 15.9 . Algeria 17.3 15.0 41.1 66.7 -0.6 0.8 .. 0.0 Angola 23.3 29.3 79.8 113.6 5.8 4.2 12.8 2.1 0.9 Argentina 5.9 14.0 23.1 44.0 .8.0 11.2 3.4 7.9 0.3 1.3 Armenia 14.0 .. 2.9 ..0.0 Australia 242 34.0 78.5 127.7 4.4 .6.0 12.0 14.3 4.5 4.2 Austri'a 48.7 71 .6 120.8 142.0 3.1 6.8h 11.7 22.0 0.5 2.9 Azerbaijan 16.3 109.6 . Bangladesh 5.7 8.3 39.4 6 7.3 5.7 1.5 0.9 0.0 0.0 Belarus 26.3 100.2 12.6 . Belgium 3.0 6.80 . Benin 12.4 15.9 78.8 98.9 -1.9 2.5 2.9 0.0 0.0 Bolivia 11.7 12.0 50.0 3.0 9.7 9.5 3.3 0.1 1.8 Bosnia and Herzegovina . Butswana -4.0 5.6 3.5 1.7 1.0 Brazil 5.8 10. 26.0 24.9 6.6 12.2 3.2 4.6 0.1 0.7 Bulgaria 18.3 23.8 40.8 216.3 -17.6 4.9 6.4 0.0 0.4 Burkina Faso 8.5 9.8 45.7 63.1 -3.0 2.5 3.5 0.1 0.0 Burundi .12.5 4.2 41.6 18.7 0.3 4.1 1.2 0.1 0.1 Cambodia 4 .3 95.2 . Cameroon 9,6 13.0 40.3 60.8 3.2 7.0 10.2 0.5 0.1 Canada 45.6 58.5 .112.4 ..... .5.1 8.5 12.6 15.1 1.9 2.3 Central African Republic 8.7 8.6 418.8 52.9 -3.5. 18.6 3.7 2.6 0.3 0.2 Chad 4.7 5.7 34 .1 45.5 -4.1 3.4 2.4 1.1 0.8 Chile 11.6 18.9 85.9 4.5 11.0 5.0 8.8 0.5 3.0 China 6.6 7.1 35.5 58.4 2.1 23.9 1.4 1.5 0.2 1.0 Hong Kong, China . 111.8 .27.6 .51.0 1,227.0 .8.9. Colombia 7.1 9.5 47.5 55.8 7.1 11.7 3.3 4.0 0.6 1.3 Congo, Dem. Rep. 4.2 6.9 4.0 606 -5.5 . . Congo, Rep. 51.4 70.6 162.4 323.1 2.1 41.1 93.8 0.9 0.0 Costa Rica 20.2 34.4 104.7 214.5 5.3 6.1 3.5 0.6 1.8 C6te dIlvoire 36.0 32 .0 118.5 151.6 0.7 4.8 4.9 3.4 0.5 0.1 C~roatia 59 9 122.8 .. 12.3 .. 1.7 Cuba. 10.7 . Czech Republic 46-3 187.2 7.0 .. 1.9 .. 1.3 Denmark 58.8 73.7 125.0 128.1 2.2 6.8b 16.9 27.8 1.1 2.7 Dominican Republic 12.3 28.3 88.8 173.7 1.8 3.2 1.9 0.3 1.2 Ecuador. 11.8 16.3 64.4 95 .0 2.4 11.4 3.4 2.6 0.2 0.7 Egypt, Arab Rep. 13.6 14.8 60.9 70.6 -0.5 4.6 2.5 1.5 0.4 El Salvador 20.7 22.5 87.1 88.0 7.0 10.2 3.6 3.5 0.3 0.2 E stonia .. 77..4 .. 280.4 .. 0.1 .. 13.7 .. 3.2 Ethiopia' 10.5 6.8 32.7 41~.2 -3.2 .. 1.7 3.5 0.0 0.0 Finland ......51.5 70.1 90.6 1-15.1 3.7 6.81 15.8 29.7. 2.0 5.6 France 33.7 45.4 91.2 111.6 2.5 6.80 7.3 17.2 1.1 3.7 Cabon 40.4 45.5 112.1 113.3 -0.1 .. 21.1 8.7 2.2 4.6 Gambia, The 22.4 11.9 266.8 92.8 2.1 .. 6.6 2.9 0.0 0.5 Georgia .. 9.6 . 27.8 . .. Germany .. 55.1 ... . 6 80 16.9 .. 2.0 Ghana 11.0 15.3 44.6 126.6 2.4 .. 1.9 2.4 0.0 0.4 Greece 21.2 27.9 58.6 50.4 4.0 6.60, 4.3 10.9 0.6 0.8 Guatemala 9.7 12.2 75.1 74.9 4.3 .. 3.1 4.1 0.3 0.2 Guinea 13.2 13.1 67.5 632.8 -1.7 .. 5.3 2.1 0.1 0.2 Guinea-Bissau 11.4 14.2 74.2 85 .0 -3.2 5. .7 27.8 0.0 Haiti 6.9 12,6 .. 48.9 9.0 .. 1.6 1.0 0.1 0.0 Honduras 21.7 42 ,5 80.1 234.7 -0.7 .. 6.2 3.9 0.4 0.4 310 1998 World Developnment Indicators 6.1 Trade Trade Growth Mean Gross private Gross foreign direct in goods in real tariff capital flows investment trade less growth in real GDP % of % of percentage All products % Of % of PPP GOP goods GOP points % PPP GOP PPP GOP 1986 1996 1986 1.996 1986-96 1990-961 1986 1996 1986 1996 Hungary 34.5 41.4 126.9 ....137.1 0.5 144.4 . . 5.4 14~.0....... 0:0.0 ... 2.8 India 3.9 4.5 16.4 31.1 3.0 30.0 0.9 0 6 0-0 0.2 Indonesia 10.7 13.6 55.0 69.7 13.3. 13.2 2.0 2.1 0.1 0.8 Iran, Islamic Rep. .. .. ... 17.1. 1.2........ 2.0.1.5.0. 0.0 Ireland 86.7 121.6 375 0 773.1 3.1 6.81 14.4 66.5 0.1 4.7 Israel 39.5 47.5 102.6 1.3 ..... 4.7 8.6 0.4 2.2 Ital 28.0 39.6 . 4.3 6.80 3.3 19.1 0.4 0.8 Jamaica 28.8. 53.7 146.3 299.3 1.5 ............ 10.4 ... . 9.2 0.5 1.8 Japan 21.5 26.1 41.2 39.9 2.8 6.0 12.7 ....15.8 0.9 0.9 Jordan 36.8 36.6 123.8 172.4 7.8 . 3.3 4 7 0.4 0.4 Kazakhstan . 19.6 . 110.7 . . .. ...... Kenya 168.8. 17.9 67.1 115.2 5.5 . .. 2. 9 2.5 02.2 0.0 Korea, Dem. Rep : .. .. Korea, Rep. 33.6 46 7 115.0 118-0 ...... .4.5 11.3.. 3.5 11.1 0.8 1....... 11 Kuwait 54.3 45.8 ......158:2. . 132.4 41.1 16.8 1.0 17. Lao.PDR 2.9 16.5 ... .... 726 .... .. 4.3 .. 4.1 ... 0:0 1.6 Latvia ....... 41.1 .. .6.0 ..15.4 ..3.8 Lebanon .. 36~.0 .. .. 151.2 .............. .... Lesotho .. -4.1 3~9 .. 2.3 0 . Libya 9 19........... ... .......... ... . .. ... Lithuania 46.6 195.2 . 4.6 . 6.5 0.9 Macedonia, FYR... Madagascar 7.8. 10.0 36.6 60.6. 3:3 1.37 30. ..... 0:0 .... 0.1 Malawi 13.0 -16,.8. .583.3 . 83.0 0.5 ... 25.3 2.4 2.8 0.0 0.0 Malaysia 33.6 70.2 163.5 269.0 7.8 9.1 2.8 4.6 0:7 2.0 Mali 164.4. 19.9 63.0 82.0O. 0.3 ........ 4~65.7 0:2.2... 0.7 Mauritania 29.6 26.7 143.5 178.2 -.4.7 10.5 11.8 0.20. Mauritius 30.9. 35.7 .164.5 176..2 ......07.7 29.1 ........1.9 ..... .. 1.8 02.2 0.4 Mexico 6.8 26 1 51:2.2.. 143.8 7.3 13.1 5.9 6.6 0.6 170 Moldova 41~4 ....191.5 ........7.6 .. .. . ..0:6 Mongolia 3.8 19.5 .. 141.6 . . 3. . . . Morocco 12.6..... 14.0 66.8 69.3. 4.1 .. 28.8 1.7 0.0 0.4 Mozambique 17.8 14.4 36.0 127.9 -4.6 15.6 25.5 4.1 0.0 . ....0.5 Myanmar Namibia .0.1 .7.6....1.7 Nepal 4.2 43.3 228.8 34.3 13.3 ......... 1.0 1.6 D0.0 ... 0.1 Netherlands 86.7..... 106.4 139.9 541.5 1.9 6.80 .20O.0. . 35..5 4.0 ....... 9.0 New Zealand 29.7 45.0 121.8 3 6 6.2 14.9 6.7..... 47.7. 2.0 Nicaragua 15.5 19.4 64.3 164.1 6.9 186 6.. 61 0 0009 Niger 9.6 7.4 52.4 57.0 . . 3.4 1~7.7. 0.8 0.2 Nigeria 17.2 21.5 65.0 98.6 -0.. 11.2 12.4 04.4 . Norway .67.8 .80..3 .... 103:0.0 ... 103.5 1.3 6 1 23.6 43.3 4.6 9.6 Oman 52.9 ~~~~~~~~~~~ ~ ~ ~~ ~ ~~45.4 136.7 .. .... ........... ...... 10.2 2.5. 1.4 0.2.. ... Pakistan 9.3 10.0 49.4 59.9 0.5 ......... .. 19 9.. 1.6 01 0.4 Panama 14.3 111.0 119.1 1,069.3 0.7 68.8 57.5 3:0 .. 175 Papua New Guinea 31.2 33.0 1232.2. 128.3 ... .-1:1.1.. 20.7 2.7 21.2... 1:6 ... 0:9 Paraguay ~82 2... 29 .3.. 455.5. 115.3 12.3 9.4 4.0 3.9. 0.0 1.1 Peru 6 6 13 0 .... 42.2. 13.3 5.3 5.2. 0.1 .. 3.3 Philippines 8.0 21 3 57.4 98.8 7.3.. 21.6 2.3 4.8 0 10.8 Poland 15.9 26.5 50.6 107.2 8:6 18.4 38.8 9.3 0.0 2.0 Portugal 23.2 43.1 106.1 . ......5 2 6.8b. 4.5 19.0 0.4 1.0 Puerto Rico . .. .. .. Romania 20.3 16.8 76.1 83.1 . 1.6 ... 3.9 0.0 0.3 Russian Federation . 19.8 . 52.5 12.7 . 11.6 . 0.4 1998 Worlc Development Indicators 311 6.1 Trade Trade Growth Mean Gross private Gross foreign direct In goods In reai tariff capital flows investment trade less growth in real GDP % Of % of percentage All products % of % of PPP GDP goods GDP points PPP GDP PPP GDP i986 199e 1986 ie996 19ee-9e 199o-961 198e 1996 1986 1996 Rwanda .......117.7 . 12.9 385.5 72.9 6.6 .. 2.7 1.3 0.4 0.1 Saudi Arabia 36.2 414.2 110.2 . 14.2 5.5 0.9 1.0 Senegal 226.6 16.1 108.6 98.9 ......-0.96 . 7.7 4.5 0.3 0.4 Sierra Leone ..... 14.1 22.8 41.9 .82.8 -0.3 . 29.6 9.5 7.3 0.2 Singapore 191.0 316.0 697.4 763.6. 4.8 . 31 .9 61.0 7.5 17.5 Slovakc Republic .. 52.2 .. 236 10.0 ... 10.7 ..0.8 Slovenia .. 74.0 .. 184.5 ... .9.5 ..0.6 South Africa 17.4 20.7 93.4 105.4 3.8 8.8d 2.2 3.5 0.1 0.1 Spain .... 18.4 36..8 .. 64.8 . 5.6 6.8" 4.6 10.3 1.1 1.9 Sri Lanka.... 14.0 21..5 60.9 124.8 33.3. 20.0 5.3 4.9 0.1 0.3 Sudan ..-... ..... 16.7 .. -8.2 .. Sweden ...... -61.5 .87.2 1170.0. .158.3 3.2 6.80. 12.8 62.6 4.5 6.1 Switzerland 67.4 898.8 ..... .. 14.4 0.0 32.7 90.2 3.9 9.3 Syrian Arab Republic 20.0 .. 19..6 64.5 ..... .-5:6. . 6.1 5.0 0.0 0.2 Tajikistan 26.9 . .. Tanzania 28.8 59.4 .. 21.6 Thailand 14.7 31.3 85.8 138.2 6.9 . 1.6 5.0 0.2 0.8 Too 11.0 19.5 89.0 195.0 -5.0 . 2.2 2.1 0.2 0.0 Trinidad and Tobago 42.7 53.7 1428.8 171.0 -4.7 . 7.3 11.5 1.4 3.6 Tunisia ..206.6 30.2 ...84.6 .. 1.6 .. 3.8 5.8 0.3 0.6 Turkey 10.3 17.5 44.7. 71.3 .5.7 .. 3.0 5.1 0.1 0.2 Turkmenistan .. 32.8 ... .7.9 ..1.2 Uganda 10.1 6.3 28.9 32 6 -0.2 . 6.0 1.8 0.0 0.6 Ukraine .. 35.0 . 146101.72.. 0.2 United.Arab Emirates 83.6 ..135.7 160.8 United Kingdom 33.3 46.3 89.6 106,9 2.6 6.80 38.7 59.9 3.6 6.6 United.States 14.0 -19.4 46.1 .....4.5 6.0 8.0 12.5 1.4 2.6 Uruguay 14.7 22.8 68.4 89.1 6.8 9.7 3.2 11.9 0.3 0.7 Uzbekistan .. 12.4 .. 49.5 . .. Venezuela 15.3 19.0 59.3 103.8 ...... 2.3 12.0O. 3.3 5.2 0.4 1.1 Vietnam .. 17.7 16 9. West Bank and Gaza Yemen, Rep. .. 56.3 .. 210.7 ..15.9 ..1.8 Yugoslavia, FR (Serb./Mont.) . .. .. Zambia 22.4 26.1 137.1 107.8 -0.7 13.6 17.1 . 0.5 Zimbabe 13.8 19.8 76.1 139.1i 3.6 .. 24.3 2.0 3.8 0.1 0.2 Low Income 7.1 7.9 33.8_ 56.9 2.0 2'.1. 0.2 1.0 Exci.China& Inia 12... . 0..i ' 15.76. 50.8..................92........4 4.9 4.2 0.3 6.5~.. . Midd~le- in-c-ome....... 12.5 21. 53.3 81.1 4.0 5.8 0.3 0.9 LEo"w"er ..m i'd"dl ei'n"co"m..e.. 12.5 20.0 47.1 84.5 3.3 4.8 0.3 0.6 Upper middle income 12.5 24.1 59.0 77.6 4.6 7.1 0.3 1.3~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~:2: 9:7.64 ................... Low .. midle.ncme .. 1'0.4 15.2 46.1 76."8 3.2............. 4.0 0.6.8§.... East Asia &....Pacific.. 9. 1 13... . 0.. ........ 48 .1 .... 127.3 1.7 ........1.9 ........0.2 . .1.0 Erpe &CnrlAia .. 2. 5. 9. . ...8 Latiin-.. Ae'ritca ..& ..ar&iilb." 7.9 17.3 40.6 61.7 4 6 6.03 11 Middle East & N. Africa 19.4 18.9 52.1 78.4 5.0 3.2 0.4 0.4~~~~~~~~~~~~~~~~~~~~~~3 0. SuhAi'a 49 58 2. 3.21.2 0.9 0.0 0.2 E~~.- ~r r,r, aTr.. 3 -i ...' High in"co"m..e.......26.5 38.9 70.4 178.8 11.4 19.3..6.2. a. Estimates are for most recent year available (see toble 0.71. b. Average tariff for European Union. o. Data prior to 1992 include Eritrea o. Dots are nor the Sooth African Customs LJn,on, which includes Botswana, Lesotho, Namibia, anod South Africa. 312 1998 World Development Indicators 6.1 The growing importance of trade in the world's Trade in services, traditionally called invisibles, is * Trade as a share of PPP GDP is the sum of merchan- economies is one indication of increasing global eco- becoming an important element of global integration. The dise exports and imports measured in current U.S. dollars nomic integration. Another is the increased size and difference between the growth of real trade in goods and divided by the value of GDP converted to international dol- importance of private capital flows to developing coun- services and the growth of GDP helps to identify economies lars using purchasing power parity conversion factors. tries that have liberalized their financial markets. The with dynamic trade regimes. * Trade in goods as a share of goods GDP is the sum of indicators in the table highlight key features of the Tariffs provide one indication of an economy's open- merchandise exports and imports divided by the current ongoing expansion of global markets in goods and cap- ness, but they are not definitive. Countries typically have value of GDP in U.S. dollars after subtracting value added ital. For three of the indicators GDP measured in pur- an array of tariffs that are applied to different partners. The in services. * Growth in real trade less growth in real chasing power parity (PPP) terms has been used in the mean tariffs shown in the table are based on applied most- GDP is the difference between annual growth in trade denominator to adjust for differences in domestic favored-nation, ad valorem rates, but lower rates may apply of goods and services and growth in GDP. Growth rates prices. (No adjustment has been made to the numera- to regional trading partners and others. Many countries are calculated using constant price series taken from tors because goods and capital exchanged on interna- also use an array of specific tariffs (based on physical national accounts, expressed in percentages. * Mean tional markets are assumed to be valued at units),nontariffbarriers,andexporttaxesandsubsidiesto tariff is the simple (unweighted) average of applied international prices.) This is a conservative measure: regulate trade. most-favored-nation tariffs imposed by the country. because the GDP of many developing countries is larger In the financial account of the balance of payments * Gross private capital flows are the sum of the in PPP terms than when converted at official exchange inward investment is recorded as a credit and outward absolute values of direct, portfolio, and other invest- rates, the resulting ratios tend to be lower. Still, there investment as a debit. Thus net flows, the sum of credits ment inflows and outflows recorded in the balance of is ample evidence of the increasing importance of trade and debits, represent a balance in which manytransactions payments financial account, excluding changes in the and international capital flows. are canceled out. Gross flows are a better measure of inte- assets and liabilities of monetary authorities and gen- The growth of services has also affected the historical gration because they measure the total value of financial eral government. The indicator is calculated as a ratio record. Compared with the levels achieved atthe end ofthe transactions during a given period. The investment indica- to GDP converted to international dollars using purchas- last century, trade in goods appears to have declined in tors in the table were constructed from data recorded at ing power parities. * Gross foreign direct investment is importance relative to GDP, especially in economies with the most detailed level available. Higher-level aggregates the sum of the absolute values of inflows and outflows growing service sectors. Deducting value added by ser- tend to be affected by the netting out of credits and debits of foreign direct investment recorded in the balance of vices from GDP thus provides a better measure of the rel- and so produce a smaller total. The comparability ofthese payments financial account. It includes equity capital, ative size of merchandise trade than physical output, indicators between countries and over time is affected by reinvestment of earnings, other long-term capital, and although it neglects the growing services component of the accuracy and completeness of balance of payments short-term capital. Note that this indicator differs from most goods output. records and by their level of detail. the standard measure of foreign direct investment (see table 6.8), which captures only inward investment. The indicator is calculated as a ratio to GDP converted to international dollars using purchasing power parities. Gross foreign direct investment is one indicator of global Integration Data sources % of GDP, 1996 2n Data on merchandise trade are from the International Monetary Fund's (IMF) Direction of Trade Statistics. Data on GDP in PPP terms comes from the World Bank's l;' International Comparison Programme database. Data on I | real trade and GDP growth come from the World Bank's I I ~~~~~~~~~~~~~~~~~~~~~~national accounts files. Mean tariffs were calculated : l l l l l l l l l l ~~~~~~~~~~~~~~using the SMART (Software for Market Analysis and +X 0 ;5 o,,, a World Bank and the United Nations Conference on Trade direct investment were calculated from the IMF's Balance Note: GDP has been adjusted for purchasing power parity. of Payments Statistics database. Source: Wond sank staff escimates. Gross foreign direct investment measures the two-way flow of investment assets and liabilities. Relative to its size, Singapore is the world's most Integrated economy. Although high-4ncome economies, which are active Investos and sources of Investment opportunities, dominate the list here, a number of low- and middle-income economies also appear on it. s99s World Development Indicators 313 6.2 Growth of merchandise trade Export Import Export Import Net bartef volume volume value value terms of trade average annual average ahnneal average annua averae annu~al % growth % growt % growth %rotn1987 10 1980-90 1990-96 1980-90 1990-96 1980-90 1990-96 1980-90 1990-96 1980 .1996 Albania -5.9 7.2 28.2 .. 40.3 Algeria 4.9 -2.9 -6.9 -4.2 -0.8 -3.7 -2.3 0.0 Angola 13.8 3.7 -1.7 -2.5 10.0 1.2 3.1 -0.7 Argenti'na 2.8 0.9 -4.4 40.6 5.1 10.0 0.2 24.7 Armenia ... . -22.8 .. -14.4 Aus.tralia 6.2 7.2 5.5 9.2 6.6 6.7 6.4 8.5 122.6 102.5 Austria 6.6 2 8 5.7 2.2 10.2 6.0 8.7 5.5 Azerbaijan ... . -30.4 .. -9.6 Bangladesh 10.0 11.7 6.0 6.6 12.0 10.0 10.4 11.2 148.4 Belarus ... . 18.9 .. 24.1 Belgium . .. Benin -6.2 -22.2 -6.6 22.2 -2.4 -13.9 -2.5 30.6 Bolivia ~~~~ ~~~2.7 -3.9 -2.2 10.9 1.0 0.2 2.8 10.8 Bosnia and Herzegovina . .. Botswana ... 17.9 7.9 9.4 -1.8 Brazil 5.5 5.3 3.3 7.4 5.8 6.8 4.9 14.1 96.0 Bulgaria -3 .8 -3.3 .. -12.5 -15.7 .. 2.4 Burkina 'Faso 7.7 -1.7.2 4.1 -4.1 13.4 -14.5 85 1.5 119 9 Burund.l .... ...2.5 -4.2 2.2 -6.5 Cambodia . .. .. Cameroon 10.5 -0.9 -1.1 -16.2 9.9 4.0 3.3 -13.2- Canada 6.4 9.7 7.4 9.3 6.8 9.0) 7.9 6.8 113.3 101.7 Central African Republic -3.9 24.0 0.9 2.6 -1.1 19.1 6.0 2.7 Chad 2.5 -4.0 2.0 -3.7 8.8 4.4 6.4 -2.2 Chile 6.8 9.4 10.4 10.3 15.0 13.6 14.3 13.1 595.3 ChinaT... 12.8 17.3 13.5 18.0- Hong Kong, China 15.4 13.1 13.7 14.6 16.8 14.3 15.0 18.2 100.7 100.2 Colombia 13.6 2.0 -1.7 4.9 11 .3 7.0 2.4 4.1 123.8 89.7 Congo, Darn. Rep. -3.7 .-1.3 . 1.5 -13.7 0.6 -4.8 6.3 -5.5 Congo, Rep. -0.6 2.4 -6.1 0.4 -4.0 -0. 1 -2.2 1.8 Costa Rice 5.8 5.8 6.3 9.6 7.0 11.2 10.5 7.5 101.9 C6te dIlvoi're 3.1 -6.9 -1.8 5.7 3.5 0.9 2.4 14.0 133.2 Croatia -.... 3.5 .. 10.2 Cube -7.0 -31.4 -5.5 -15.1 -3.4 -30.4 -1.0 -14.9 Czech Republic 21.4 .. 32.7- Denmark 4.1 4.0 3.1 3.7 8.4 6.2 6.3 5.6 90.8 10(1.0 Dominican Republic 0.1 -2.4 ... -2.1 2.6 3.3 9.7 Ecuador 2.2 11.2 -.9.8 -0.1 10.7 2.6 10.7 Egypt, Arab Rep. -1.2 13.2 -6.2 3.7 -2.6 8.5 -1.7 9.3 El Salvador -5.5 5.8 -0.2 14.5 -4.7 6.1 3.4 10.5 Eritrea .... Estonia ... . 36.8 -. 52.7 Ethiopiaa 1.0 0.7 -1.0 1.3 -1.6 8.2 2.1 1.5 Finland 2.3 8.5 4.4 -2.0 7.4 8.9 6.9 3.0 86.2 France 3.6 5.0 3.7 4.3 7.5 5.2 6.5 2.9 90.0 105.2 Gabon 0. 7 3.5 -5.8 -1. -1.2 -2.8 -0.9 2.0 Gambia, The. -2.9 9.6 4.4 -3.1 -3.3 -8.1 9.2 -4.6 Georgia . Germany' 4.5 3.0 4.9 1.8 9.2 4.6 7.1 4.1 85.9 Ghana 11.8 7.3 7.8 13.2 10.9 3.0 11.6 13.8- Greece 5.0 10.6 6.4 11.1 5.8 2.7 6.6 1.9 97.8 Guatemala -1.1 2.7 2.7 11.S -0.1 8.5 6.3 9.6- Guinea ... 4.1 .. 10.0 Guinea-Bissau .. .. -4 .6 -2.8 -5.2 -15.2 Haiti -... -1.2 -8.3 -2.9 11.2 Honduras 0.7 9.3 -2.9 8.9 3.0 10.0 0.8- 12.1 fData for Taiwan, China 11.6 5.6 9.9 6.5 14.8 9.5 12.4 11.3 78.0 98.7 314 1998 World Development Indicators 6.2 Export Import Export Import Net barter volume volume value value terms of trade average annual average annual average annual average annual % growth % growth % growth % growth 1987 = 100 1980-90 1990-96 ±980-90 1990-96 1980-90 1990-96 1980-90 1990-96 1990 1996 Hungary 3.4 0.9 1.3 ... .. 5.6 ..... ...1~.4 .. 4.6 0.1 9.9 112.2 India 8.0 6.4 5.7 3.6 11~0 .......10.5 ......73 .. 8.9 71.5 Indonesia 7.1 14.2 0.7 5.7 2,0 97 4.69.4 Iran, Islamic Rep. 1-1 -12.0 -79 68 4.61 -311 Iraq ....-2.1... -12.9 -12.3 -17.7 -3.2 -48.7 -7. 7 -200O Ireland 9.3 13.1 4.8 8.8 12.7 13.4 7.0 10.1 93.0 90.6 .Israel 6.9 ... ... 9.6 ..... 5.8 ... 11.8 8.3 10.9 5.9 11.5. 95.0 109.3 Italy.. 4..4 .6.9 .... 5.4 2.3 8.7 6.9 6.9 1.9 85.1 108.7 Jamaica 4.5 2.8 4.1 3.4 8.2 4.4 6.0 7.5 Japan 5.1 0.9 6.6 6.0 8.9 7.1 5.1 7.6 65.5 Jordan 6.8 4-6 -6.2 5.4 8.9 9.0 -2.6 5.2 98.4 120.5 Kazakhstan ........... ... .......26.6......34 Kenya 3.2 8.1 5.0 2.5 0.1 8.5 7.5 7.5 144.3 109.6 Korea, Oem. Rep.. Korea, Rep. 13.0 .73 12.6... ... 8.5 ... _16~7. 11.2 15.6 13.0 84.7 .89.5 Kuwait -1.1 30-8 -10.4 13.6 -5.4 22.4 -5.8 8.8 Lao PDR . 11.2 30.3 7.4 27.1 Latvia -41-. -15.7 . 9 Lebanon 1.2 2 9 -8.2 6.0 4.5 13.5 -3.89.4 Lesotho ........... 3 .0 .. .217.7 . 3.4 5-6.6 Libya 3.1 -5.5 -0 4 2 61 -.. Lithuania . .. 19.5 . 27.9 Macedonia, FYR -. . 0.7 3.0 Madagascar 2.4 1.0 -1.4 -05 0.0 1.2 2.7 3.7 Malawi 1.8 -46.6 6.2 -0.8 5'0.0. -1.5 .... 10..7 . .... 0.8. 1180. . Malaysia 10.8 11.7 7.0 12.6 10.6 13.5 11.3 14.9 131 9 Mali 7 ... . . ... 3 -1.2 ..2,9 9.. . 9. .13.4 6.2 7.2 .......13~.1 ....... .. Mauritius 9.8 -6.9 17.9 3.6 209.9 .-2.1- ... 23.2 4.5 69..7. Mexico 3.2 8.9 11.3 16.6 12 11.5 16.7 8.7 Moldova . .. 6... 14.3 Mongolia ...... --0.5 -3.2 -3.8 -8~8.8... Morocc~o 5.4 . .. ..2.0 5.5 2.0 11..2 5.3 8.7 10.8... 103.4 .... 77.2 Mozambique -2.8 -07 3.9 -0.6 1.5 11 7.5 -3.9 Myanmar -9.8 24~ 7 -7.0 21.0 -7.3.... 14.9. -22 20.3 ....... Namibia . ... 46 0 Nea le . .. ..........8.1 9 .2 6 9 . ......14.9 .... Netherlands 4.. ..5. .... .7~1.1..... 4.5 6.5 4 6 7 7 4.4 6 6.. 96.9 102.3 New Zealand 3.5 5.6 4.3 6.6 6.2 8.1 5.4 9.7 95.9 105.6 Nicaragua -5.6 -6.0 -.7 1.5 -. 74 -4.5 1.87 Niger -5-1 -10 .......7-0 1 .........52 ...... ..00 .... 1.6 31 6.3 Nigeria 1 8 8.7 -14.8 8.2 -2.6 8.9 -10.3 9.4 Norway.4.1 8.3 3.4 6.9 5 3 ... 5.5 6.2 5.0 122.8 103.1 Pakistan .10.0 12!5 ... 1 4 7.3 11 1........ 9.6 4..4 .... ...7 .5 . . .. 95.2 88.1 Panama 1... ........ .5. 21.2 -6'2 10.4 13 15.9 -3.7 9.6....... Papua New Guinea ........ 6.7. 45.5 .49 15.8 1.3 3.4 Paraguay 15.9 -4.0 5 7 -11.2 20.6 -12.1 9.3 -9 3 Peru -3.5 8.4 0..5....... 12..7 .... .14 ....-11.1 5.6 18.4........ Philippines 3.8 7.8 7.2 10.9 8.3 13.9 9.9 13.6 103.9 Poland 4.8 2.0 1 5 22.6 1.4 10.7 .......-3.2 ......23.8 .......95.5 .. Portugal 11.9 15.1 15.1 6.4 10.3 4.5. Puerto Rico . .. .. .. Romania... ... -4.0 9.7 -3.863 Russian Federation 23.4 . 17.6 1996 World Development Indicators 315 W ~6.2 Export Import Export Import Net barter volume volume value value terms of trade average annual average annuaJ average annual averagEr annoa % growth % growth 5S growth ft growth 1987 l 10 ±980-90 1990-9e ±.980-90 1990-96 1980-90 1990-96 1980-90 1990-96 1980 1996 Rwanda 4.3 -23.4 -1.8 14.5 2.4 -19.5 2.6 37.4 Saudi Arabia 2.8 4.7 -11.4 3.1 -2.0 4.4 -6.8 6.3 Senegal 0.3 6.4 1.2 4.5 4.4 8.4 4.1 6.4 81.7 Sierra Leone 1.6 -7.8 -3.2 -4.1 2.5 -23.4 0.7 1'.6 Singapore 12.1 16.2 8.6 12.2 9.9 17.0 8.0 15.0 109.0 89.4 Slovak Republic 718.7 .. 21.3 Slovenia ... .. .7.8 -. 13.1 South Africa 3.3 7.4 -0.8 7.9 0.8 4.0 -1.3 9.8 108.8 117.0 Spain 3.0 12.1 8.4 6.0 10.9 10.5 10.6 4.9 92.2 114.7 Sri Lanka 5.6 14.5 2.8 14.8 6.0 12.9 5.9 12.7 93.8 109.4 Sudan -3. 7 -4.7 -6.6 4.6 1.0 -6.4 -2.8 4.0 Sweden 4.4 2.1 5.0 1.9 8.0 7.4 6.7 4.3 91.4 103.5 Switzerland 3. 7 .. 4.3 .. 9.5 4.0 8.8 1.9 79.3 Syrian Arab Republic 11.1 4.5 -13.2 4.5 8.8 5.3 -10.5 6.4 214.9 97.0 Tajikistan .. .. ~ ~ ~~ ~ ~~ ~ ~~ ~ ~~~~~~... ....... . .. Tanzania 1.3 -10.1 -1.4 -0.4 -0.5 -4.1 2.1 -1.9 Thailand 18.3 1 7.4 .17.3 7.9 22.0 13.2 20.2 10.3 116.5 Togo ...... 8.8 10.7 8.6 -5.1 7.0 9.6 12.3 9.9 Trinidad and Tobago . 0.2 . 3.9 -11.5 . 4.4 .-4.3 6.3 -9.8 10.7 195.6 Tunisia 1-1.0 5.3 4.7 2.7 10.5 8.9 8.3 7.3 104.3 Turkey 6.6 8.2 14.0 10.8 9.3 11.5 Turkmenistan . .. .. Uganda -6.2 24.5 -:3.4 28.1 -11.3 29.1 1.5 26.5 Ukraine ... .. . 14.6 .. 16.6 United Arab Emirates 10.6 3.9 1.4 11.1 3.4 2.2 5.9 13.2 United Kingdom 4.5 5.5 6.7 3.8 5.8 6.0 8.4 4.5 105.3 102.9 United States 3.6 6.4 7.2 7.8 5.7 8.1 8.2 9.1 68.6 101.2 Uruguay 3.6 -2.4 6.5 15.2 9.6 5.2 9. 7 11.6 Uzbekistan . .. .. .. Venezuela 4.0 2.1 -4.9 6.7 -0.9 6.7 0.0 4.3 215.2 148.9 Vietnam ... . 18.9 .12.4 8.7 18. 7- West Bank and Gaza Yemen, Rep. . .. .. Yugoslavia, FR (Serb./Mont.)c 1.9 -20.9 .1.1 -24.7 5.5 -20.6 5.5 -25.2 Zambia -0.7 21.6 -0.5 -2.5 8.2 8.7 3.3 4.9 Zimbabwe 2.0 .. -0.6 .. 2.5 5.1 -0.4 2.7 a. Data prior no 1992 include Eritrea. b. Data prior no 1990 refer no the Federal Republic of Germany before unification. c. Dana refer to one former Yu.gos avia. 316 1998 World Development Indicators 6.2 Data on international trade in goods are recorded in And in some regions smuggling and black market trad- * Growth rates of export and import volumes are each country's balance of payments and by customs ing result in unreported trade flows. average annual growth rates calculated from services. While the balance of payments focuses on the By international agreement customs data are UNCTAD's quantum index series for low- and middle- financial transactions that accompany trade, customs reported to the United Nations Statistical Division, income economies and from export and import data data record the direction of trade and the physical quan- which maintains the Commodity Trade, or COMTRADE, deflated by the IMF's trade price deflators for high- tities and value of goods entering or leaving the cus- database. The International Monetary Fund (IMF) also income economies. * Growth rates of export and toms area. Customs data may differ from those maintains a database on the direction of trade. The import values are average annual growth rates cal- recorded in the balance of payments because of dif- United Nations Conference on Trade and culated from UNCTAD's value indexes for low- and ferences in valuation and the time of recording. Development (UNCTAD) compiles a variety of interna- middle-income economies and from current values of Trade in goods. or merchandise trade. includes all tional trade statistics, including price and volume exports and imports for high-income economies. goods that add to or subtract from an economy's mate- indexes, based on the COMTRADE data. The World * Net barter terms of trade are the ratio of the export rial resources. Currency in circulation, titles of owner- Bank supplements data from UNCTAD with data from price index to the corresponding import price index ship, and securities are excluded, but monetary gold the IMF for high-income economies and, in some measured relative to the base year :1987. is included. Trade data are collected on the basis of a cases, with data taken directly from the COMTRADE country's customs area, which in most cases is the database. Data sources same as its geographic area. Goods provided as part The growth rates and terms of trade for low- and of foreign aid are included, but goods destined for middle-income economies were calculated from index 'T5 The main source of trade data extraterritorial agencies (such as embassies) are not. numbers compiled by UNCTAD. Volume measures for for developing countries is Collecting and tabulating trade statistics is difficult. high-income economies were derived by deflating the UNCTAD's annual Handbook Some developing countries lack the capacity to report value of trade using deflators from the IMF's o f Intemational Trade and timely data. As aresult it is necessaryto estimatetheir International Fnancial Statistics. Terms of trade were Development Statistics. The trade from the data reported by their partners. (See computed from the same indicators. MF's International Financial About the data for table 6.3 for further discussion of The terms of trade measure the relative prices of a Statistics includes data on the use of partner country reports.) In some cases eco- country's exports and imports. There are a number of - the export and import values nomic or political concerns may lead national authori- ways to calculate terms of trade. The most common is and deflators for high-income and selected developing ties to suppress or misrepresent data on certain trade the net barter, or commodity, terms of trade, con- economies. The United Nations publishes trade data flows, such as military equipment, oil, or the exports of structed as the ratio of the export price index to the in its International Trade Statistics Yearbook. a dominant producer. In other cases reported trade import price index. When the net barter terms of trade data may be distorted by deliberate underinvoicing or increase, a country's exports are becoming more valu- overinvoicing to effect capital transfers or avoid taxes. able or its imports cheaper. Terms of trade have shifted since the 19709 % change 25 20 15 10 5 0 -U -5 -10 High- East Asia Europe and Latin America Middle East South Sub-Saharan income and the Pacific Central Asia and the and North Asia Africa economies Caribbean Africa * 1974-80 0 1981-90 * 1991-97 Source: World Bank staff estimates. Changes In terms of trade reflect changes In the relative prices of exports and Imports and the mix of goods traded by countries. Positive changes mean that Imports cost less relative to exports. Although reglonai averages blur the many differences among economies, they are broadly representative of the economic forces that have shaped trade pattems over time. The effects of the oil shocks In the 1970s are unmistakable. Since then terms of trade have tended to shift against producers of primary commodities. 1998 World Development Indicators 31 7 W ~6.3 Direction and growth of merchandise trade High-income importers Other Al~ United European Other A. r.gn high States Union ~~~~Japan industrial industrial income incomne Source of exports High-i'ncome economies 10.8 30.7 4.0 6.4 51.9 8.0 59.9 I ndustr al economies 8.5 29.2 2 .7 6.0 46.3 6.1 52.4 Uinited States 2.5 .1.3 3.0 6.8 1.7 5.5 European Union 2.8 23.5 0.9 2.3 29.4 1.8 31.3 Japan 2.2 1 .2 0.3 3.7 2.0 5.8 Other industrial economies 3.5 2.1 0.5 0.3 6.4 0.5 6.9 Other high-income economies 2.3 1.6 1.3 0.4 5.5 1.9 7.5 Low- & middle-income economies 4.5 5.5 2 .2 0.7 12.9 2.7 15.7 Sub-Saharan Africa 0.3 0.6 0.1 0.0 1.0 0.1 1.1 East Asia & Pacific 1.3 1.1 1.4 0.3 4.1 1.7 5.8 South Asi'a 0.2 0,3 0.1 0.0 0.6 0.1. 0.7 Europe & Central Asia 0.2 2.0 0.1 0.1 2.5 0.1 2.6 Middle East & North Africa 0.2 0.9 0.3 0.1 1.5 0.5 2.0 Latin America & Caribbean 2.2 0.7 0.2 0.2 .3.3 0.1 3.4 World 15.3 36.3 6.1 7.1 64.8 10.7 75.5 Low- and middle-income importers Europe Mliddle Lat, n All lo%v & Subr-Saharan taut Asia South & Central tast & Acerica mniddle R N liou I ~ ~~Africa & Pacific Asia Asia N. Africa & Caribbean income Wobrld Source of exports High-income economies 1.0 6.6 0 .8 3.9 1.7 4.0 18.2 78.1 Industrial economies 0.9 3.7 0.6 3.6 1.6 3.6 13.9 66.3 United States 0.1 0.8 0.1 0.2 0.3 2.1 3.6 12.0 European Union 0.6 1.1 0.3 3.2 1.1 1.0 7.3 38.6 Japan 0.1 1.5 0.1 0.1 0.1 0.3 2.2 8.0 Other industrial economies 0.0 0..4 0.1 0.1 0.1 0.1 0.9 7.8 Other high-income economies 0.1 3.1 0.2 0.3 0.2 0.3 4.3 11.8 Low- & middle-income economies 0.4 1.5 0.4 2.2 0.6 1.2 6.2 21.9 Sub-Saharan Africa 0.2 0.1 0.0 0.0 0.0 0.0 0.4 1.4 East Asia & Pacific 0.1 0.8 0.1 0.1 0.1 0.1 1.4 8.1 South Asia 0.0 0.1 0.0 0.0 0.3 0.0 0.2 1.0 Europe &.Central Asia . Co.0 .2.' . 1.90.2 0.: 2.3 4.9 Middle East & North Africa 0.1 0.2 0.1 0.1 0.2 0.0 0.7 2.7 Latin America & Caribbean 0.0 0.1 0.0 0.1 0.1 0 9 1.3 4.7 World 1.4 8.3 1.2 6.1 2.3 5.1 24.5 100.0 318 1998 World Development Indicators STe Sioleopul lu,9udOI9Aa(3 pPJOM S66T 00OT t7TT 9 7,T WE T'OT 6'9 Z'9T O'L PIJOM 9'TT Z'£T 69T C£9 9,9 . TOT . 9£CT . 9-6.ue~qP!e3'S eo!ewV u!9e1 Z 6 17'L t,'6 9,0- C'S . T'L 69 . 9' e!sV eilueo'1;'doin3 T'S Sa 0£Z ' LO-t.1: 'Z LT e!SV q9lnOs 1:.L:01: . .. . 91:.~~~~~~~~~~~~~~~~~~~~~~~~~~~~~£1: . e~~~~~~~~~~i4~~~~~~ ~~~~. . qY V. S't7T T'OZ: E'6T LA7 VOZ 6'ZT t,'17Z E~~~~~~~~~~9OT SGWOUOOO ~WOOUI-V!qI 9 -MOn 6'8 9L9909 '7 ' E 8Z sa!wouooa lejeulnPU!iJeLOO 6,9 Z6 T'L 6'0- 61T- V'T 69t1: L'Suee L,8 ~O'OT 7T ' 991: T'L T:1T 917l u6iun ueedoiri ........ .. ..9.......9... ..... ......npU 9'6 69T: T 99 99 177 91:T £9 s1,9OOo aw0ulOH . . .. . . .. . . .. . . . . . . I .. .. . . .. . . . 9L . 6~~~~~~~~r.£8 . ~~~~~~~~~~~~3!)JV ~~~~~~~t4iod9xS jo PP!noS ~~ ~1: ..... 96 1:91; SeiWOUOwi woOl-Uip[pw pue -mo- 06 ....~~~~~~~~~~~~~~~~~~~~~.. . ...6L...6 . .....OfPU~tl 96 699T71 S1S G'S ZVT9' 8 I 9'L O6£1: 0, 'T ' 9 E09 VOT . . !WONOO9i M3 alPUIN ....... .. ... . .. . ..d.... . ...u.... . IVTL T89 'T91TS9T1'T0!e ReS SR ....... ... I...I...I. .. ........d.. ......-... . 6.3 The data in table 6.3 were compiled from the * Merchandise trade includes all trade in goods. International Monetary Fund's (IMF) Direction of Trade in services is not included. * Regional group- Trade Statistics. which reports the value of exports ings are based on World Bank definitions and may dif- and imports between its member countries. ferfrom those .sed by other organzat ons. Within the Most countries report their trade data to the INiF higi-income group, * European Union refe-s to the in national currencies, which are converted using the 15 current members of the European Union. * Other IMF's published exchange rate series rf (official rate. industrial economies include Australia, Canada, period average) or rh (market rate, period average). Iceland, New Zealand. Norway, and Switzerland. Most industrial countries and about 22 developing * Other high-income economies incdude Cyprus, countries report their trade data to the IMF each Hong Kong (China), Israel, the Republic of Korea, month. Together these countries account for about Kuwait, Qatar, Singapore, Taiwan nChina), and the 80 percent of world exports. Trade from less timely United Arab Emirates. Some smnal high-income reporters and from countries that do not report at all economies such as Aruba, the Bahamas. and is estimated using reports of partner countries. Bermuda have been included in tne Latin America Because the largest exporting and importing coun- and Caribbean group. tries are reliable reporters, a large portion of the Data sourcer. missing trade flows can be estimated from partner reports. Even so, a small amount of trade between developing countries, particularly in Africa, is not cap- Regionai trade flows were cal- tured in partner data. Inter-European trade estimates culated from intercountry have been significantly affected by changes In report- | trade data reported in the ing methods following the creation of a common cus- - . IMF's Direction of Trade toms union. - Statistics Yearbook (1997). Because imports are reported atc.i.f. (cost, insur- These were then updated ance, and freight) valuations and exports are C from tables that appeared in reported at f.o.b. (free on board) valuations, the IMF - the statistical appendix to civides partner country reports of import values by Global Economic Prospects and the Developing 1.10 to estimate equivalent export values. This Countries 1997 (World Bank 1997b). approximation is more or less accurate, depending on the set of partners and the items traded. Other factors affecting the accuracy of trade data include lags in reporting, recording differences across coun- tries, and whether the country follows the general or special system of trade. (See About the data for table 4.5 for further discussion of systems of trade.) The regional trade flows shown in this table were calculated from current price values. Growth rates therefore include the effects of changes in both vol- umes and prices. 320 1998 World Developrnent Indicators OECD trade with low- and middle-income economies 6.4 High4rIncomne European United States Japan OECD countries Union - 1985 1996a 1985 1996 1985 1996 1985 1996 $ billions Food 24.7 58.9 .... 10.6, 28.2 87.7 21.1 0.3 0.4 Cereals ~~~~ ~ ~~~10.4 17.9 2 .8 5.8 4.6 9.4 0.0.. 0.0 Agricultural raw materials 5.9 14.7 2.2 4.4 2.0 5.3 0.5 1.2 Ores and nonferrous meta_s5.0 ~ 13.0 1.9 5.4 11.1 3.0 04.4 1 4 Fuels ~~~~~~~~ ~~54.4 14..7 2.3. 6.0 2.0 4.2 0.2 0,.8 Crude petroleum 0.1 0:8 0.-0 0.5 .0.0..- Petroleum products 3.4 10.7 2.1 5.2 0.9 3.0. 0.1 0 7 Manufactured goods 184.5 595.3 90.2 291.2 38.0 ~ 133.3, 42.6 104.6 Chemical products 26.9 76.9 15.7 41.3 6.6 18.4 2.3 7.0 Maich.. and transport equip. 103.4 350.1 45.8 160.5 24.5 _80.9 26.6 74.2 Ot her 54.1 168.2 286 ~ 89.5 _6.9 33.9 13.7 23.4 Miscellaneous goods 4.1 18.4 10.0 4.1. 1.3 7.4 0.3 1.,5 Total 229.5 715.0 ±17.1 339.3 53.1 174.3 44.4 109.9 % of.total expor Food ~~~~ ~ ~~~~~10.8 8.2. .9.0 8.3 .....16.5 12.1 0.8 0 3 Cereals 4.5 2.5 .........2.4 1.7. 8.7. 5.4 0.1 0.0 Agricultural raw materials 2.6 2.1 1 .8 1.3 3.8. 3.1 1.2 1.1 Ores and nonferrous metals 2.2 1.8 1.6 1.6 2.1 17.7 0.9 1 3 Fuels 2..3 2.1. 2.0 1.8. 3.8 2.4 0.5 0 7 Crude petroleum 0.0 0.1 0.0 02.2 0.0... ........... .... Petrleumprodcts1.5 . 1.5 1.8 1.5 1.8 I.7 0.2 0.6 Manufactured goods 80.4 83.3 77.0 85.8 71.5 764.4 95.9 95.2 Chemical products 11.7 10.8 13.4 12.2 12.3 106.6 .5.1 6.4 Mach. and transport equip. 45.1 49.0 39.1 47.3 46.2 46.4 59.9 67.5 Other ~~~~ ~ ~~~~23..6 23.5 24.5 26.4. 13.0 ... 195.5 30.9 21.3 Miscellaneous goods 102.6 8. ..443081. Total 1100.0 1.00.0 100.0 100.0 100.0 1.00.0 100.0 ±00 .0 a. Excludes Greece. 1998 World Development Indicators 321 High-income European United States I Japan OECD countries Union _1985 1996a 1985 1996 1985 1996 1985 1996 $ billions Food 45.3 93.9 24.1 46.2 13.4 21.0 5.1 18.7 Cereals 1.4 2.1 0.6 0.7 0.1 0.5 0.6 0.5 Agricultural raw materials 12.6 27.2 6.5 13.0 1.7 4.7 3.4 6.2 Ores and nonferrous metals 19.3 43.0 9.1 19.3 3.8 7.5 5.5 10.7 Fuels 140.2 169.5 63.6 67.0 35.9 49.0 33.5 31.4 Crude petroleum 104.0 120.2 49.5 45.8 25.1 39.4 23.2 18.9 Petroleum products 22.9 23.7 8.6 9.3 10.4 8.7 3.0 3.2 Manufactured goods 60.7 459.1 22.7 171.7 28.4 189.2 4.1 58.6 Chemical products 7.4 28.5 3.5 13.7 2.3 7.1 0.9 3.4 Mach. and transport equip. 17.5 159.1 4.6 48.1 10.2 82.0 0.4 16.3 Other 35.8 271.6 14.6 109.9 16.0 100.1 2.9 38 9 Miscellaneous goods 2.3 11.5 0.5 4.6 1.3 5 2 0.4 1.3 Total 280.4 804.3 126.5 321.9 84.4 276.7 52.0 126.8 % of total exports Food 16.2 11.7 19.0 14.4 15.9 7.6 9.7 14.7 Cereals 0.5 0.3 0.5 0.2 0.1 0.2 1.2 0.4 Agricultural raw materials 4.5 3.4 5.1 4.0 2.0 1.7 6.6 4.9 Ores and nonferrous metals 6.9 5.3 7.2 6.0 4.4 2.7 10.5 8.5 Fuels 50.0 21.1 50.3 20.8 42.6 17.7 64.4 24.7 Crude oetroleum 37.1 14.9 39.1 14.2 29.8 14.2 44.6 14.9 Petroleum products 8.2 2.9 6.8 2.9 12.3 3.2 5.7 2.6 Manufactured goods 21.7 57.1 17.9 53.3 33.7 68.4 8.0 46.2 Chemical products 2.6 3.5 2.8 4.2 2.7 2.6 1.8 2.7 Mach. and transport equip. 6.3 19.8 3.6 15.0 12.1 29.6 0.7 12.9 Other 12.8 33.8 11.5 34.1 18.9 36 2 5.5 30.6 Miscellaneous goods 0.8 1.4 0.4 1.4 1.5 1 9 0.8 1.0 Total 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 a, Excludes Greece. 322 1998 World Development Indicators 6.4 Trade flows between high-income members of the . The product groups in the table are defined in accor- Organisation for Economic Co-operation and dance with the Standard International Trade Development (OECD) and low- and middle-income Manufactured goods dominate high- Classification (SITC), revision 1: food (0, 1, 22, and economies reflect the changing mix of exports to income OECD countries' trade with 4), cereals (04); agricultural raw materials (2 exclud- low- and middle-income economies and imports from developing economies. While food ing 22, 27, and 28); ores and nonferrous metals and primary commodities have continued to fall as E%ports (27, 28, and 68); fuels (3), crude petroleum (331) 1985 a share of OECD imports, the share of manufac- and petroleum products (332); manufactured goods tured goods supplied by developing countries has - "-: :,r, (5-8 excluding 68), chemical products (5), machin- grown, At the same time, developing countries have ' '; ery and transportation equipment (7), and other increased their imports of manufactured goods m.L ,,, , , , - manufactured goods (6 and 8 excluding 68); and from high-income countries-particularly capital- miscellaneous goods (9). * Exports are all mer- intensive goods such as machinery and transport - - chandise exports by high-income OECD countries to equipment. Although trade between developing 1996 low- and middle-income economies as recorded in countries has grown substantially over the past _ ,.,,,,l the United Nations COMTRADE database. decade (see table 6.6), high-income OECD coun- ". - * Imports are all merchandise imports by high- tries remain the developing world's most important . - - _ income OECD countries from low- and middle-income partners. - economies as recorded in the United Nations COM- The aggregate flows in the table were compiled TRADE database. * High-income OECD countries in from intercountry flows recorded in the United 1996 were Australia, Austria, Belgium, Canada, Nations Statistical Division's Commodity Trade Imports Denmark, Finland, France, Germany, Iceland, 1985 (COMTRADE) database. Partner country reports by Ireland, Italy, Japan, the Republic of Korea, high-income OECD countries were used for both r., - Luxembourg, the Netherlands, New Zealand, exports and imports. Exports are recorded free on Norway, Portugal. Spain, Sweden, Switzerland, the board (f.o.b.); imports include insurance and freight United Kingdom, and the United States. * European charges (c.i.f.). ' -~ Union comprises Austria, Belgium, Denmark, For further discussion of merchandise trade sta- 1996 Finland, France, Germany, Greece, Italy, Ireland, tistics see About the datafortables 4.4, 6.2, and 6.3. , ,, Luxembourg, the Netherlands, Portugal, Spain, Sweden, and the United Kingdom. - - .- I...~ - -- ~Data sources COMTRADE data are available in machine-readable Soufcei: 1'3 E," F r form from the United Nations Statistical Division. Although not as comprehensive as the underlying COMTRADE records, detailed statistics on interna- tional trade are published annually in the United Nations' Conference on Trade and Development's Handbook of International Trade and Development Statistics and the United Nations International Trade Statistics Yearbook. 1998 World Development Indicators 323 6.5 Primary commodity prices 1980 1985 1990 1991 1992 1993 1994 1995 1996 1997 World Bank commodity price index (1990 =100) Nonfuel commodities 174 133 100 93 86 86 101 103 101 107 Agriculture 191 145 100 96 88 93 112 110 110 117 Beverages 253 239 100 91 73 79 135 127 11l 156 Food 191 124 100 97 94 93 97 98 108 108 Raw materials 145 103 100 97 92 104 114 113 112 104 Fertilizers 179 130 100 100 90 79 85 87 105 109 Metals and minerals 132 102 100 87 81 70 77 85 78 82 Petroleum 224 173 100 83 78 69 63 63 78 76 Steel products' 110 88 100 96 83 86 84 90 84 81 MUV G-5 index 72 69 100 102 107 106 110 119 114 108 Commodity prices (1990 $) Agricultural raw materials Cotton (cents/kg) 284.3 192.1 181.9 164.1 119.9 120.4 160.0 178.5 155.3 162.2 Logs, Cameroon ($/cu. m(l 349.4 253.5 343.5 309.2 310.8 291.9 299.7 284.8 237.8 238.9 Logs, Malaysian ($/cu. m) 271.5 177.5 177.2 187.4 196.5 366.7 279.1 214.4 220.8 221.2 Rubber (cents/kg) . 197.9 .11.6 86.5 80.8 80.8 78.2 102.2 132.6 122.1 94.5 Sawnwood, Malaysian 1$/cu. rn) 550.3 447.7 533.1 540.6 569.6 713.3 745.0 620.8 649.2 616.2 Tobacco ($/mnt) . 3,160.9 3,807.3 3,392.2 3447 3,226.6 2,535.6 2,399.0 2.214.3 2,671.0 3,277.1 Beverages (cents/kg) Cocoa 361.6 328.6 126.7 116.9 103.2 105.1 126.7 120.2 127.5 150.3 Coffee, robustas 4504.4 386. 118.2 104.9 88.2 108.9 237.8 232.4 158.1 161.2 Coffee, other mulds 481.4 471.0 197.2 183.3 132.4 146.8 300.2 279.6 235.9 386.9 Tea, auctions, avg. 5. 263.6 205.1. 167.9 159.8 157.8 143.1 128.1 147.9 195.0 Tea, London, all 309.9 289.1 203.2 180.3 187.6 175.3 166.2 137.8 155.3 206.9 Energy Coal, Australian 1$/int) 55.9 49.2 39.7 38.8 36.2 29.5 29.3 33.0 33.4 32.6 Coal, U.S. ($/int) . 59.9 67.9 41.7 40.6 38.1 35.7 33.1 32.9 32.6 33.8 Natural gas, Europe ($/mnmbtu) 4.7. ..4.6 3.0 . 2.4 2.5 2.2 2.3 2.5 2.5 Natural gas, U.S. ($/mmbtul 2.2 3.6 1.7 1.5 1.7 2.0 1.7 1.6 2.4 2.3 Petroleum ($/bbl) 51.2 39.6 22.9 19.0 17.8 15.8 14.4 14.4 17.9 17.8 Primary commodities are raw or partially processed prices are unavailable, the prices paid by importers are for petro sum and stee products, which are not included materials that will be transformed irto finished goods. used. Annual price series are generally simple averages in the nonfuel commodity price inoes. They are often the most significant exports of develop- based on higher-frequency data. The constant price The MJV index is acomposite index of prces for man- ing countries, and revenues obtained fromn them have series in the table are deflated using the manufactures Lufactured exports from the five major (G-5) industrial an important effect on living standards. Price data for unitsvalue (MUV) index fortheGC-5countries (see below). countries (France, Germany, Japan,theLUnited Kingdom, primary commodities are collected from a variety of Commodity price indexes are calculated as and the Urn ted States) to ow- and miodde-.ncome sources, including international study groups, tradejour- Laspeyres index numbers in which the fixed weights are economies, valued in U.S. do lars. Toe odes covers nals, newspaper and wire service reports, government the 1987-89 export values for low- and middle-incomne products in Standard Internationa[ Tradje Classification market surveys, and commodity exchange spot and economies, rebased to 1990. Each index represents a (SITC) groups 5-8. To construct the MUV G-5 index, unit near-term forward prices. This table uses the most reli- fixed basket of primary commodity exports. The rnofuel value indexes for eaco country are combined using able and frequently updated price reports. When possi- commodity price index contains 37 price series for 31 weights determnined by each country's export share. ble, the prices received by exporters are used; if export nonfuel commodities. Separate indexes are compilec 324 1998 World Development Inidicators 6.5 1980 ±986 1990 199± ±992 1993 1994 1995 1996 1997 Fertilizers ($t/Mt) Phosphate rock 64.9 ~ 49.4 40.5 41.6 39.2 31.0 29.9 29.4 .. 34..2 38.1 TSP ..250.3. .176.9 131.8 130.3 113.3 105.3 1.19.9 125.5 1540.0 159.6 Food Fats and oils $Imt)...... .... Coconut oil 935.8 860.1 336.5 423.7 541.8 4236.6 5. 562.1 658.1 . ..609.8 Groundnut oil 11193.1 1319.2 963.7 875.5 572.1 695.3 928.1 831.4 785.7 938.0 Palm oil 810.4 730.3 289.8 331.7 369.1 355.4 479.5 526.8 464.9 506.8 Soybeans 411.4 326.5 246.8 234.4 220.9 240.0, 228.6 217.3 266.9 274.2 So~ybean meal 363.9 228.9 200.2 192.9 191.7 19.5.8 174.6. 165.3 234.2 256.0 Soybean oil 830.0 833.8 447.3 444.4 402.4 451.9 558.6 524.3 482.9 524.3 Grain./i) Grain sorghum 179.0 150.1 103.9 102.8 96.4 93.2 94.3 99.9 131.4 101.8 Maize 174.0 163.6 109.3 105.1 97.8 96.0 97.6 103.6 145.2 108.7 Rica 570.5 287.1 270.9 287.0 251.6 221.5 242.8 269.2 296.7 281.8 Wheat 239.9 198.0 135.5 125.9 141.8 131.9 135.9 148.5 181.8 148.1 Other food Bananas ($/i.t)526.4 554.4 540.9 547.5 443.8 4168.8 398.8 ..373.4 411.2 466.7 Beef (cents/kg) 383.3 314.0 256.3 260.6 230 .3 246.3 211.5 160.0 156.3 172.3 *Orange.S(/nmt) . 542.5 580.8 531.1 509.8 458.9 .406.9 373.1. 445.9. 4305.5 426.1 Sugar, EU domestic (cents/kg) 67.6 51.1 58.3 ~ 59.9 58.9 58.3 ~ 56.4 57.7 5. 58.2 Sugar, U.S. domestic (cents/Kg) 92.0 65.4 51.3 46.5 44.1 44.8 44.1 42.~6 432.2.. 44.9 Sugar. world (cents/kg) 87.7 13.1 27.7 19.3 . 18.7 20.7 24.2 24.6 23.1 23.3 Metals and minerals Aluminum ($/mt 202.2 . 1,517.5 1,639.0 1,274.2 1,176.6 1,071.5 1,340.1 1,514.8 1,18.0 1,484.7 Co~pper ($mt) . 3,030.6 2,066.2 2,661.5 2,288.5 2,139.9 1,799.7 2,093.8 2,462.8 2,010.0 2,113.6 Iron ore (cnt.DTU 3, 38.7 30.8 3.5 29.6 265.5 231.1 .22.6 25.0 26.8 Lead (cents/kg) 125.8 57.0 81.1 54.6 50.8 38.2 49.7 52.9 67.8 57.9 Nickel ($/nit) 9.053.8.7,141.~5 8,864.1 7,980.0 6567.8 4,~979. 5,5. 6,902.7 6,568.0 6,430.9 Tin (cents/kg) 2329.8 1,682.1 608.5 547.5 572.3 '4855.5 495.8 521.3 539.9 524.2 Zinc (cents/Kg) . 105.7 114.1 151.3 .109.3 11.6.3 90.5 90.5 86.5 .......89.8...I.. 12 2. a. Series not included in the nonfuel index. I ~~~~~~~~~~~~~~~~~~~~~~~Data bources Nonfuel commodities price index covers the 31 non- *Petroleum price index refers to the average spot Commodity price data are compiled by thie World Bank's fuel primary commodities that make up the agriculture, price of Brent, Dubai. and West Texas Intermediate Development Prospects Group. More information can be fertilizer, and metals and minerals indexes, crude oil, equally weighted. * Steel products price obtained from its quarterly Commodity Markets and the ,Agriculture, in addition to food, beverages, and agri- index isathe composite price index for eight steel prod- Developing Countries. The MUV G-5 index is constructed cultural raw materials, includes sugar, bananas, beef, ucts based on quotations f.o.b. (free on board) Japan by the Development Prospects Group. Monthly updates end oranges. * B3everages include cocoa, coffee, and excluding shipments to China and the United States, of commodity prices are available on the World Wide tea. * Food includes rice, wheat, maize, sorghum, soy- weighted by product shares of apparent combined con- Web at www.worldbank.org/htmnl/ieccp/ieccp.html. beans, soybean oil, soybean meal, palm oil, coconut oil, sumption (volume of deliveries) for Germany, Japan, and and groundnut oil. * Agricultural raw materials include the United States. * MUJV G-5 index is the manufac- timber (logs and sawnwood). cotton, natural rubber, end tures unit value index for G-5 country experts to dlevel- tobacco. * Fertilizers inuclue phosphate rock and triple oping countries. * Commodity prices-for definitions superphosphate (TSPI. * Metals and minerals include end sources see the World Bank's quarterly Commodity aluminum, copper, iron ore, lead, nickel, tin, and zinc. Markets and the Developing Countries. 1999 World Development Indicators 325 6.6~ Regional trade blocs Exports within bloc $ millions 1970 1980 1985 1990 1993 1994 1995 1996 High-income and low- and middle-income econ~omies APEC 56,020 353,778 491,623 897,427 1.200,684 1,407,314 1,644,931 1,706,692 European Union 76,451 459,469 421,641 985.128 890,933 1,027,540 1,259.688 1,275,696 NAFTA 22.078 102.218 143.191 226.273 30-531 352,335 394.472 436.605 Latin America and the Caribbean Andean Group 97 1,161 768 1,312 2,892 3,752 4,751 4,806 CACM 287 1.174 544 671 1.088 1,175 1,365 1,566 CARICOM 51 431 358 395 441 193 228 841 LAIA ~ ~ ~ ~ 4126 10,981 7,139 12,331 23,694 28,300 34,408 38,617 MERCOSUR 413,424 1,953 4,127 10,067 12,049 14,180 17,151 OECS -.4 10 30 36 4045 53 Africa CEMAC 22 75 84 139 102 115 129 142 CEPGL 3 2 9 7 10 10 8 9 COMESA 239 592 400 847 808 1,025 1,270 1,479 ECCAS 29 88 118 158 122 136 153 169 ECOWAS 86 692 1,026 1,533 1.686 1.628 1,949 2,345 MRU 1 7 4 0 1 1 1 1 SADC 76 96 294 942 2,245 2,671 3,872 4,231 UEMOA 52 444 395 603 401 402 515 638 Middle East and Asia ASEAN 1.201 12,016 13,130 26.367 41,749 56,199 71,094 77,221 Banlgkok.Areet476294 1,611 2, 790 2.399 3,901 3,968 E00 24 369 2,431 1,239 2,770 2.662 3,782 4.496 GOC 117 4,632 3,101 6,906 5,023 5,296 5,782 5,723 SAARC 99 613 601 862 1,191 1.434 2.024 2,123 UMA 60 109 274 958 795 969 1,067 1.143 Regional trade blocs have captured an increasing share of their members' trade ... % of exports within trading bloc 80 70 60 50- -- - - -- - - 40 30 20 10…--M - - - -- - - - - - - - - - - - - - - - - - - - - - - ~ I .~ 0 0 1970 1980 1985 1990 1996 Source: World Bank staff estimates. 326 1998 World Development indicators 6.6 Exports within bloc % of total exports 1970 ±980 ±985 ±.990 1993 1994 1995 1996 High-income and low- and middle-income economies APEC 56.9 57.6 67.7 68.5 71.2 73.2 73.0 73.1 European Union 59.5 61.0 59.3 66.0 61.7 621.1 .... 62.4 61.5 NAFrA 36.0 33.6 43.9 41.4 45.8 47.9 46.2 47.5 Latin America and the Caribbean Andean Group 1.8 3.8 3.2 3.8 9.8 10.5 11.8 10. CACM .. ..26.0 24.4 14.4 153.3 16.9 16.7 14.1 .. 15.7 CARICOM 4.6 4.2 5.8 7.8 8.8 3.7 3.8 12.9 LAIA .... 9.9 13.7 83.3 106.6 16.3 16.4 ... 16.6 16.5 MERCOSUR 9.4 11.6 .. 5.5 .. 8.9 18.5 19.2 20.2 ..22.8 OECS ..9.2 6.5 .... 8.2 9.5 12.0 12.3 11.6 Africa CEMAC 4.9 1.6 1 .9 2.3 2.0 2.1 2.2 1.9 CEPGL 0.4 0.1 0.8 0.5 0:.8 0.7 0.5 0.5 ECCAS ....2.4 ... ..1.4 .2.1 ...2.0 1.9 . 2.0 20.0 1.9 ECOWAS 2.9 '10.1... . ... 5.2 7.8 .. ..9.0 ..8.5 ..91.1 . MRU ...0.2 0.8. .. 0.4 0.0 0. 1 0.0 0.0 0.0 SADCO ... 1.4 ..0.3 1.4 . 2.9 7.1 ...8O.0 10.3 10.4.. COMESA .... 7.5 10.3 5.4 7.6 7.9 8.7 9.3 9.3 UEMOA ....6.6. 9.3. 8.7 12.7 .9.4 ... ...9.5 95.5 9.3 Middle East and Asia ASEAN .....19.7 16.9 ... .18.4 18.7 ~ 20.0 22.0 22.8 23.2 Bangkok Agreement 1.5 2.2 2.4 1.7 2.6 1.9 2.4. 2.3 ECO 1.7 5.9 9.9 3.2 6.3 5.4.. 64.4 6.7 GCC 4.6 3.0 4.9 8.0 5.6 5.8 5.4 4.6 SAARC .... 3.2 4.8 4.5 3.2 .. .. 3.7 ..3.8, 4.4 4.3 UMA 1.4 0.3 1.0 2.9 3.1 3.8 3 .6 3.4 ... but have been less vigorous in expanding their trade with the rest of the world kERCO%SuR Source: I., 1998 World Development Indicators 327 S ~6.6 Total exports by bloc % of world exports 1970 1980 1985 1990 1993 1994 1995 1996 High-income and low- and middle-income economies APEC .34.9 33.5 38.7 38.7 45.3 45.2 44.4 44.1 European Union 45.6 41.1 37.9 44.1 38.8 38.9 39.8 39.1 NAFTA 21.7 16.6 17.4 16.1 17.7 17.3 16.8 17.4 Latin America and the Caribbean Andean Group 1.9 1.7 1.3 1.0 0.8 0.8 0.8 0.9 CACM 0.4 0.3 0.2 0.1 0.2 0.2 0.2 0.2 CARICOM 0.4 0.6 0.3 0.1 0.1 0.1 0.1 0.1 LAIA 4.5 4.4 4.6 3.4 3.9 4.1 4.1 4.4 MERCOSUR 1.7 1.6 1.9 1.4 1.5 1.5 1.4 1.4 OECS ..0.0 0.0 0.0 0.0 0.0 0.0 0.0 Africa CEMAC 0.2 0.3 0.2 0.2 0.1 0.1 0.1 0.1 CEPGL 0.3 0.1 0.1 0.0 0.0 0.0 0.0 0.0 COMESA 1.1 0.3 0.4 0.3 0.3 0.3 0.3 0.3 ECCAS 0.4 0.3 0.3 0.2 0.2 0.2 0.1 0.2 ECOWAS 1.1 0.4 1.0 0.6 0.5 0.5 0.4 0.5 MRU 0.1 0.0 0.1 0.1 0.0 0.0 0.0 0.0 SADC 1.9 1.5 1.1 1.0 0.9 0.8 0.7 0.8 UEMOA 0.3 0.3 0.2 0.1 0.1 0.1 0.1 0.1 Middle East and Asia ASEAN 2.2 3.9 3.8. 4.2 5.6 6.0 6.1 6.3 Bangkok Agreement 1.1 1.5 2.2 2.6 2.9 3.0 3.2 3.2 ECO 0.5 0.3 -1.3 1.1 1.2 1.2 1.2 1.3 GCC 0.9 8.5 3.4 2.5 2.4 2.2 2.1 2.4 SAARC 1.1 0.7 0.7 0.8 0.9 0.9 0.9 0.9 UMA 1.5 2.3 1.5 1.0 0.7 0.6 0.6 0.6 328 1998 World Development Ind cators IJI-. 6.6 The table shows the value of exports by bloc members * Exports within bloc are the sum of exports by Community of West African States (ECOWAS), to one another-sometimes called intratrade-and members of a trading bloc to other members of the Benin, Burkina Faso, Cape Verde, C6te d'lvoire, the size of intratrade relative to the bloc's total bloc. Both the value in U.S. dollars and the share of Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, exports of goods. Service exports are not included. exports within the bloc as a percentage of total Mauritania, Niger, Nigeria, Senegal, Sierra Leone, and Also shown is the share of the bloc's total exports in exports by the bloc are shown. * Total exports by Togo; Mano River Union (MRU), Guinea, Liberia, and world exports. bloc as a share of world exports are the ratio of the Sierra Leone; Southern African Development Data on country exports are drawn from the bloc's total exports (exports within the bloc and to the Community (SADC), Angola, Botswana, Lesotho, International Monetary Fund's (IMF) Direction of Trade rest of the world) to total exports by all economies in Malawi, Mauritius, Mozambique, Namibia, Swaziland, Statistics database and should be broadly consistent the world. * Regional bloc memberships: Asia South Africa, Tanzania, Zambia, and Zimbabwe; West with other sources such as the United Nations Pacific Economic Cooperation (APEC), Australia, African Economic and Monetary Union (UEMOA), Commodity Trade database. However, trade flows Brunei, Darussalam, Canada, Chile, China, Hong Benin, Burkina Faso, Cbte d'lvoire, Somalia, Niger, between many developing countries, particularly in Kong (China), Indonesia, Japan, the Republic of Senegal, and Togo; Association of South-East Asian Africa, are not well recorded. Thus the value of intra- Korea, Malaysia, Mexico, New Zealand, Papua New Nations (ASEAN), Brunei, Darussalam, Indonesia, trade within certain groups may be understated. Data Guinea, the Philippines, Singapore, Taiwan (China), Malaysia, the Philippines, Singapore, and Thailand; on trade between developing countries and high- Thailand, and the United States; European Union, Bangkok Agreement (First Agreement on Trade income countries are generally complete. Although Austria, Belgium, Denmark, France, Finland, Germany, Negotiation Developing Member Countries of the bloc exports have been calculated back to 1970 Greece, Ireland, Italy, the Netherlands, Luxembourg, Economic and Social Commission for Asia and the based on current membership, most of the blocs Portugal, Spain, Sweden, and the United Kingdom; Pacific), Bangladesh, India, the Republic of Korea, came into existence at later dates and their member- North American Free Trade Association (NAFTA), the Lao People's Democratic Republic, and Sri Lanka; ship may have changed overtime. Canada, Mexico, and the United States; Andean Economic Cooperation Organization (ECO), Group, Colombia, Ecuador, Peru, and Venezuela; Afghanistan, Azerbaijan, the Islamic Republic of Iran, Central American Common Market (CACM), Costa Kazakhstan, the Kyrgyz Republic, Pakistan, Tajikistan, Rica, El Salvador, Guatemala, Honduras, and Turkmenistan, Turkey, and Uzbekistan; Gulf Nicaragua; Caribbean Community (CARICOM), Cooperation Council (GCC), Bahrain, Kuwait, Oman, Antigua and Barbuda, Bahamas, Barbados, Belize, Qatar, Saudi Arabia, and the United Arab Emirates; Dominica, Grenada, Guyana, Jamaica, Montserrat, St. South Asian Association for Regional Cooperation Kitts and Nevis, St. Lucia, St. Vincent and the (SAARC), Bangladesh, Bhutan, India, Maldives, Grenadines, and Trinidad and Tobago; Latin American Nepal, Pakistan, and Sri Lanka; and Arab Maghreb Integration Association (LAIA), Argentina, Bolivia, Union (UMA), Algeria, Libya, Mauritania, Morocco, Brazil, Chile, Colombia, Ecuador, Mexico, Paraguay, and Tunisia. Peru, Uruguay, and Venezuela; Southern Common Market (MERCOSUR), Argentina, Brazil, Paraguay, Data sources and Uruguay; Organization of Eastern Caribbean States (OECS), Antigua and Barbuda, Dominica, Data on merchandise trade Grenada, Montserrat, St. Kitts and Nevis, St. Lucia, , flows are published in the and St. Vincent and the Grenadines; Economic and ' IMF's Direction of Trade Monetary Community of Central Africa (CEMAC), Statistics Yearbook, Defini- Cameroon, the Central African Republic, Chad, tions of the regional blocs are Republic of Congo, Equatorial Guinea, and Gabon; ; from UNCTAD's Handbook of Economic Community of the Great Lakes Countries . International Trade Statistics (CEPGL), Burundi, the Democratic Republic of Congo, 1995 (1997). UNCTAD also and Rwanda: Common Market for Eastern and publishes data on intratrade in the Handbook. Southern Africa (COMESA), Angola, Burundi, Comoros, Djibouti, Eritrea, Ethiopia, Kenya, Lesotho, Madagascar, Malawi, Mauritius. Mozambique, Namibia, Rwanda, Seychelles, Somalia, Sudan, Swaziland, Uganda, Tanzania, Zambia, and Zimbabwe; Economic Community of Central African States (ECCAS), Burundi, Cameroon, the Central African Republic, Chad, the Democratic Republic of Congo, Republic of Congo, Equatorial Guinea, Gabon, Rwanda, and Sao Tome and Principe; Economic 1998 World Development Indicators 329 6.7 Tariff barriers All products Primary products Manufactured products Standard Weighted Stantard We gnted Standard Weighted Mean deviation of meanr Mean deviatoro of mnean Mean deviat on af mean tariff tariff rates tari ff tariff tariff rates tariff tar[ff tariff rates tariff Year 8 8 % % %8 Albani'a 1997 15.9 8.3 13.6 14.5 6.9 13.2 16.3 8.6 13.8 Argentina 1992 11.8 7.4 11.2 8.2 4.8 5.0 12.7 7.7 13.2 1993 10.9 5.0 11.3. 6.0 2.9 3.7 12.1 4.7 13.7 1995 10.5 7.6 10.5 8.5 5.3 5.6 10.9 7.9 12.1 1996. 11.2 7.0 11.3. 8.5 5.3 5.7 11.8 7.1 12.6 1997 11.3 6.8 11.3 8.4 5.3 5.6 11.9 6.9 12.7 Australia 1991 ..12.9 15.1. 10.4 2.6 5.3 1.4 15.5 15.7 13.1 1993 9.8 11.9 7.7 2.5 4.8 1.3 11.7 12.4 9.7 1996 6.0 9.0 4.0 1.2 2.3 0.7 7.2 9.6 4.8 1997 5.7 8.2 3.9 1.2 2.2 0.7 6.8 8.7 4.6 Austria 1990 8.7 7.5 7.9 7.9 9.9 4.8 9.0 6.5 8.8 Bangladesh -1989 1140.0 84.9 114.2 85.1 58.7 76.1 123.2 89.8 125.5 1993 4 .1 10.3 2.6 0. 3.7 0.0 11.6 14.6 8.3 Belarus .......1997 12.6 8.4 13.7 11.0 6.7 8.4 13.3 8.9 15.0 Bolivia 1993 9.8 1.0 9.8 10.0 0.2 10.0 9.7 1.1 9.7 1994 10.0 0.2 10.0 10.0 0.1 10.0 10.0 0.2 10.0 1995 9.7 1.1 9.7 10 .0 0.1 10.0 9.7 1.3 9.7 1996 9.7 1.3 9.7 10.0 0.2 10.0 9.6 1.4 9.6 1997 9 .7 1.3 9.7 10.0 0.2 10.0 9.6 1.4 9.6 Brai 1991 25.1 17.3 26.7 19.8 19.8 9.4 26.3 16.3 32.2 1994 11.9 8.2 14.6 8.2 7.1 7.2 12.8 5.2 17.0 1995. 12.0 .6.9 12.9 8.7 5.4 8.2 12.7 7.0 14.4 1996 12.2 8.5 15.8 8.7 6.0 7.4 13.0 5.8 18.8 1997 11.9 7.5 14.8 8.7 5.7 6.9 12.6 7.7 17.6 Canada 1989 8 .8 7.2 7.0 5.0 5.9 2.9 9.9 7.1 8.2 1993 87.7 7.0 6.8 4.7 5.8 2.7 9.7 6.9 8.0 1995 10.1. 24.2 7.2 14.2 49.3 5.5 8.9 6.6 7.7 1996 8 .5 24.4 6.3 13.5 49.3 5.8 7.0 6.7 6.4 1997 6.0 8.1 5.2 4.0 12.4 3.0 6.5 6.4 5.9 Central African Republic 1995 18.6 9.6 17.1 20.6 9.7 16.2 17.9 9.5 17.4 Chile 1992 11.0 0.7 10.9 11.0 0.0 11.0 10.9 0.8 10.8 ..... .199.110.0..109.1.0..0.1.0.0.9 0.810. 1994 11.0 0.7 10.9 11.0 0.0 11.0 10.9 0.8 10.8 ......... . 1995 .. 11.0.. 09 100010 1.9081. 1997 11.0 0.6 10.9 11.0 0.0 11.0 ~10.9 0.7 10.8 China 1992 42.9 32.1 40.6. 36.2 26.2 22.3 44.9 33.4 46.5 1993 39.9 29.9 36.4 33.3 24.7 20.9 41.8 31.0 44.0 1994 36.3 27.9 35.5 32.1 24.3 19.6 37.6 28.8 40.6 1996 23.9 17.6 25.4 25.1 22.1 19.4 23.6 16.0 27.6 1997 17.8 13.2 20.9 17.8 18.2 19.9 17.8 11.2 21.2 Colombia 1991 6.7 8.3 8.2 8.9 10.0 5.8 6.1 7.7 8.9 1992 11.7 6.3 11.9 12.0 5.9 10.5 11.7 6.4 12.4 1994 11.8 . ....6.3 12.0 12.1 6.0 10.6 11.7 6.4 12.4 1995 13.3 4.9 12.7 12.7 5.9 10.7 13.5 4.6 13.4 1996 11.7 6.3 12.1 12.2 6.2 10.5 11.6 6.3 12.7 1997 11.7 6.3 12.1 12.2 6.2 10.5 11.6 6.3 12.7 C6te dIlvoi're 1997 4.8 1.1 4.6 4.8 1.1 4.5 4.7 1.1 4.7 Cuba 1997 10.7 6.9 9.7 7.6 7.3 4.9 11.6 6.5 11.5 Czech Republic 1996 7.0 7.2 5.9 8.4 11.6 4.8 6.4 4.2 6.2 Ecuador 1993 9.3 6.0 8.5 9.4 8.8 7.6 9.2 6.1 8.8 1994 11.8 6.3 11.2 12.2 6.1 10.3 11.7 6.4 11.5 1995. 12.3 5.6 11.9 12.2 6.2 10.4 12.4 5.4 12.4 1996 11.4 6.4 11.8 .11.6 6.5 9.9 11.3 6.4 12.5 1997 11.4 6A.4 11.8 11.6 6.5 9.9 11.3 6.4 12.5 El Salvador 1995 10.2 7.6. 8.5 11.5 6.4 8.8 9.8 8.0 8.4 Estonia 1995 0.1 1.2 0.4 0.1 1.1 0.0 0.1 1.2 0.5 European Union 1989 8.7 7.2 7.0 10.1 10.4 6.0 8.2 5.9 7.5 330 1998 World Development Indicators 6.7 All products Primary products Manufactured products Standard Weighted Stardard Weighted Standard Weighted Mean deviation of mean Mean deviation of mean Mean deviation of mean tariff tariff rates tariff tariff tariff rates tariff tariff tariff rates tariff Year %% Y %%S 1994 7.7. 6.3 ..... 6.6 10.3 106.6 4.9 6:9 3:8 .... ..70 1995 6.7 .59 6.3 83.3 ..1070 ...51 62... 4.1 ......6.6 1996 68. 6.1 4.9 10.4_ 8:8 3~7 5:5 3.8. 5.3 1997 6.9 6.0 5.0. 10-.4. 8. 3.8 .. 5 6 ..... .3:8 5.3 Finland 1.988 7.7 -104.1. ..... 5.6 6.6 1 12.2 27.7 .8:0 .9.7 6.6 1990 7.8 102 5.6_ 6.8_ 11.4 2.6_ 84-.1 ... 98 ..... 3-66.. H-ungar 1991 12.6 11.0 12.3 14.7 162.2 1.....2 . 12..1 .......8 9 13.0 1997 14.4 16.9 10.9. 28.3 25.3 12.6 8.9 ........6:1 ......10~3 Iceland 1996 4.6 -13.0_ 3.1. 8.8 22.2 4.1 2.8 4 8 .... 2.8 India 1990 81.8 39.4 83.0. 74.1 38.4 49.5 84.1 394.4. 93.6 1997 30.0 -14.0 27.7, 25.7 22.6 22.6 31.3 9:8 29.5 Indonesia 1993.19.4.16.1 21.7 16.7 12.3 10.0 203.3 170_ ....-254 1996 13.2 17.0 17.6 12.3 '194_.4. 8.5 13.5 16 1 ~ .. 20.9 Japan 1. . ..... 989 .6.7 7.8 3.4 8.9 102.2 . 4.8 .... 6.0 6.7 ...... 3 .1 1991 6.3 8.7 3.0 9.4 11.9 5.3 5.3 6 925 1992 6.3 8.4 3.0. 9.2 11.2 54.1 ....... 5.3 ......7 0 .... 2 .5 1993 6.3 8.3 3.0 ..... 9 2 10.9 49.9 5:3 70 0.. 2.5 1994 6.3 8.3 29.9 9-.2 10.9 49.9 53.3 6.9 2..5 1995 6.3 .8~.4 .2.6 9.7 . ... 112.2 3.6 5:.1 6:7.7 ... ... 2.3 1996 ..._6.0 7.7 2.8 9.2 106.6 4.4 4:8' 58_ 2.4 1997 6.0 8.0 2.7 9.1 107.7 4.0 .. 48.8 64.4 .....2.3 Korea, Rep. 1990 13.3 6.7 123.3 15.7 13.0 11:.0 127.7 2.9 12.6 1992 11.6 6.5 10.7 14.6 12.6 10.3 10:.8 2.2 10.8 1996 11.3 27.0 10.1 21.2 48.4 16.7 82.2 .. 14.0 7.8 Latvia 1997 6.0 10.7 3.2 .....11.0 16.1 39.9 3:7...I.... 5:8 ........2.9 Lithuania 1995 4 5 90 ........-2.5 87.7 13.0 3.6 ....28.8 .59.9 2 1 1997 4.6 .. 9.2 .26.6. 8..6 13.1 3.6 2.8 5.9 .........2.2 Malawi 1994 30.8 .15.5 27.1 '24.6 15.6 14.8 32.8. 150.0 .32.2 1997 25.3 11.6 235.5, 21.2 12.6 13.6 26.5 11.0 .. 26..7 Malaysia . .. 1988 17.0 142.2 12.6 15.8. 10.7 ......-63.3 17.6. .15.6 ... -14.4 1991 16.9 14.7 12.5 15.3 10.6 6.0 17.8 16.3 14.4 1993 14.3 14.1 11.1. 10.9 12.7 6.30 15:.3 143.3 12.6 1997 9.1 19.4 11.9 4.1 21.2 9.4 12.2 I175 12.8 Mauritius 1997 291.1 262.2 31.9 19.7 19.1 191.1 317.7 .... .27.3 36.0 Mexico 1991 130.0 44.4. 131.1 12.1 5.7 10.8 13 2 .. ...42.2 .... 113.8 1995 12.6 5.4 11.8. 12.3 6.0 .. 10.8 12.6 5.3 .12.2 1996 13.1 106.6 13.2 145.5 196.6 12.9 128.8 7 8...... 13 3 1997 13.1 10.6 13I....... .........2 14.5 19.6 13.0_ 128.8 . .. 7 8 13 3 Mozambpique 1997 15.6, 14.3 14:1.1 16..9. 15.1 12.0 15.3 14. 0.. 14.8 New Zealand 1992 8.7 10.6 8.1 4.4 63.3 2.3 99.9 11.3 9.9 1993 8.5. 10.3 .7.7 ......4.3 .....60.0 2.1 97.7 110 9.4 1-996 6.2 8.0 6.0 ... .....3.0 4.2 14.4 7~2 ......8:6 ........76 1997 5.4 71.1 52.2 2-.5 3.7 1.2.. 6.3. 76 ... 67 Nigeria 1988. 33.7. 26,.1 29.9 31.0 22.5 24.2 34.5. 270 0 .... 31 5 1-989 35.6 31.0 342.2 33.1. 30.1 26.0 .36.3 . 31: 1 .... 36.63 1990 35.7 3.6.. . 34.3 33.2 30.1 ..26.1 .36.5 ..... 31 0 36.8 :1992 34.4 25.1 31.7 31.4 22.7 24.5 35.3 25!7 33.9 Norwa 1988 6.0 7.1 5.0 1.6 49.9. 0:.8 7.1. 7:1.1 .... 6.4 1993 6.1 T70O. 1.7 5.0. 0.8_ 7.1 .....7.1 .... 6.5 1995 5.9 10.7 4.9 2.4 20.6 0.9 6.7 6.6 6.0 1996 6.1 15.5 4.3 4.9 30.9 1.6 6.3 8.5 5.2 Papua New Guinea. 1997.' _20.7 19.1 21.3 30.4 .23.0 23.1 178.8 ... 1.7 20.6 Paraguay 1991 15.9 129.9 14.4 15'.6. 13.8 10. .... 2. 15.9. 12.6 ..... 15.8 1994 8.0 7.7 8.1 7.9 74.4 5.3 8:.1 ... 7.8 8'.9 1995 9.3 6.9 9.0 8.2 5.2 5.2 9.5 7.2 ......10..3 1996 9.4 7.1 9.2 8.9 6.2 6.0 .9.5. 7.3 10.4 1997 9.6 6.7 9.3 87 5.8 5.7 9.7 6.9 0.6 1998 World Development Indicators 331 6.7 All products Primary products Manufactured products Standardi Weighted Standard Weighted Standard Weighted Mean deviation of meart Mean deviation of mean mean deviation of mnean tariff tariff rates tariff tariff tariff rates tariff tariff tariff ratas tariff Year % Peru ........ .1993 . 17.6 4.4 -17.1 17.3 4.2 16.3 17.7 4.4 17,3 1997 13.3 2.9 12.8 13.8 3.4 13.0 13.1 2.8 12.7 Philippines 1988 28.2 15.1 27.2 28.9 16.2 22.0 28.0 14.7 28.8 1989 28.2 15.1 .27.2 29.0 -16.2 22. 28.0 14.7 28.9 .. ... ... . . 1990. 19.7 . 9.2. 18.2... 5. 94901 1992 19.6 9.2 18:.3 20.1 9.8 15.5 19.4 9.0 19.2 1993 22.5 14.1 20.2 23.9 -15.3 17.9 22.1 13.7 21.0 1994 21.6 13.3 19.5 22.3 14.0 16.8 21.5 13.1 20.4 ... ...... ..-... .- ..... ..-- . . .. ..1995 27.6 4.9 27.0 28.9 4.5 22.7 27.2 5.0 27.9 Poland 1991 11.7 8.9 104.4 10.4 10.3 7.4 12.1 8.5 11,4 1992 11.7 8.9 10 .4 10.4 10.3 7.4 12.1 8.5 11.4 1996 18.4 27.~5 .15.2 28.0 46.1 16.5 14.1 9.0 14.8 Russian Federation 1993 7.3 9.8 9.7 3.8 1-2.2 5.7 8.7 8.2 10.9 1994 11.5 12.4 14.0 8.0 8.4 5.1 12.9 13.4 16.8 1997 12.7 8.3 13.4 10.8 6.4 8.2 13.5 8.9 15.3 Singapore 1989 0.5 2.7 - 2.3 0.2 2.4 1.0 0.6 2.8 2.7 South Africaa 1988 12.7 11.8 11.3 7.2 9.8 5.0 13.6 11.9 13.1 1990 11.0 .....11.3 10.9 6.9 ~ 9.6 4.7 11.7 11.4 12,7 .. .. .. .. . .. 1 991. 10.5. 11.8 11.3 .6.8 .10.6 4.8 11.2 11.9 13.3 1993 19.7 2-1.9 143.3 9.4 11.7 5.2 21.2 22.6 16.9 1997 8.8 11.0 .8.4 8.0 11.4 4.2 9.0 10.9 9.9 Sri Lanka 1990 28.3 25.5 24.2. 31.4 28.7 30.2 27.5 24.5 22.2 1993 24.2 18.1 23.0 26.8 21.9 25.3 23.5 16.8 22.3 1997 20.0 15.4 20.7 23.8 23.0 23.6 19.1 12.6 19.8 Swede ...1988.I.... .... .. 4..8 3.8. 1 .7 4.2. 0...647.. Sweden ~~~1989 4.8 4.8 3.8 1.7 4.2 0.4 5.6 4.7 4.8 Switzerlan 1990 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1993 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1995 00.0 90.0 . 0.0O. 0.0 0.0 0.0 0.0 0.0 1996 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1997 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Tanzania 1997 21.6 14.0 22.0 30.6 10.9 22.1 19.6 13.8 22.0 Thailand 1989 39.8 23.0 38.7 32.7 19.1 25.5 41.7 23.6 42.4 1991 39.9 23.0 38.8 32.8 19.1 25.5 41.8 23.6 42.4 1993 45.6 25.0 41.5 40.3 19.4 33.9 47.2 26.2 43.7 Trinidad and Tobago 1991 18.6 15.3 16.5 22.2 18.2 13.2 17.4 14.1 17.6 1992 18.7 15.3 16.7 22.9 18.0 14.1 17.4 14.1 17.5 Ukraine 1997 10.1 11.0 7.2 15.4 12.1 5.9 7.7 9.5 7.7 Unitedi States 1989 6.3 6.1 4.4 4.5 6.4 2.4 6.7 5.9 4.8 1990 6.3 6.1 4.4 4.6 6.5 2.4 6.7 5.9 4.8 1991 6.3 6.1 4.4 4.6 6.5 2.4 6.7 5.9 4.8 1992 6.3 6.1 4.4 4.6 6.5 2.4 6.7 5.9 4.8 1993 6.4, 6.1 4.4 4.6 6.5 2.4 6.7 5.9 4.8 1995 5.9 7.8 4.1 5.5 10.9 2.7 6.0 6.9 4.4 1996 6.0 12.4 4.2 6.9 25.7 3.4 5.8 5.8 4.4 Uruguay 1992 6.5 5.9 5.5 7.2 6.2 4.3 6.2 5.8 5.9 1995 9.3 7.1 8.9 8.4 5.4 5.3 9.5 7.4 10.1 1996 9.7 7.3 9.6 8.6 5.6 5.3 9.9 7.6 11.2 1997 10.2 6.9 9.8 8.8 5.3 5.3 10.5 7.3 11.4 Venezuela 1992 15.7 11.3 16.1 15.8 10.3 12.7 15.7 11.5 16.9 1995 13.4 4.8 12.8 12.8 5.8 10. 13.5 4.5 13.4 1997 12.0 6.1 12.4 12.3 6.1 10.7 11.9 6.1 13.0 Zambia 197 13.6 9.3 14.0 15.7 8.7 12.1 13.1 9.3 14.7 Zimbabwe 1997 24.3 23.4 23.4 21.7 20.2 16.6 25.1 24.3 25.8 a. Data are for the South African Customs Jnion. which includes Botswana. Lesotho. Namibia, and South Africa. 332 1998 Worldl Developmnent Indicators - - - - - -- - 6.7 Economies regulate their imports through a combi- for estimates of the shares of tariff lines covered by * Primary products are commodities classified in nation of tariff and nontariff measures. The most them.) Nontarriff barriers are generally considered SITC sections 0, 1, 2, 3, and 4 plus division 68 (non- common form of tariff is an ad valorem duty, but tar- more detrimental to economic efficiency than tariffs ferrous metals). e Manufactured products are com- iffs may also be levied on a specific, or per unit, because efficient foreign producers cannot undercut modities classified in SITC sections 5, 6, 7, 8, and basis. Tariffs may be used to raise fiscal revenues or the barriers by reducing their costs and thus their 9, excluding division 68. * Mean tariff is the to protect domestic industries from foreign competi- prices. A high percentage of products subject to non- unweighted average of the applied rates for all prod- tion-or both. Nontariff barriers, which limit the quan- tariff barriers indicates a protectionist trade regime, ucts subject to tariffs. * Standard deviation of tar- tity of imports of a particular good, take many forms. but the frequency of nontariff barriers does not mea- iff rates measures the average dispersion of tariff Some common ones are licensing schemes, quotas, sure their restrictiveness. Moreover, a wide range of rates around the simple mean. * Weighted mean prohibitions, export restraint arrangements, and domestic policies and regulations (such as health tariff is the average of applied rates weighted by prod- health and quarantine measures. regulations) that are not measured by this indicator uct shares in world imports. Mean tariffs are calculated as the average ad val- may act as nontariff barriers. A full evaluation would orem duty across all tariff lines. Specific duties- require careful analysis of the individual measures. Date sources duties not expressed as a proportion of the declared The indicators shown in this table were calculated value-are not included. Countries typically maintain using the new Software for Market Analysis and Mean tariff rates and their standard deviations were a hierarchy of trade preferences applicable to spe- Restrictions on Trade (SMART) system. SMART con- calculated by World Bank staff using the SMART sys- cific trading partners. The rates used in calculating tains tarff line data on bound, applied, and preferential tem. Data on tariffs come from the UNCTAD Trade the indicators here are the applied most-favored- duties for 66 countries. Data are classified using the Analysis Information System. Data on global imports nation duties. Applied rates are less than or equal to Harmonized System of trade codes at the six- or eight- come from the United Nations CommodityTrade data- the bound rates that countries have agreed to in digit level. Tariff line data were matched to Standard base. World Trade Organization negotiations, but they may International Trade Classification (SITC) revision 2 exceed the rates applied to partners in preferential codes to define the commodity groups and global trade agreements such as the North American Free import weights. The SMART database is still under Trade Agreement. (See table 6.6 for the membership development. Data are shown only for those countries of regional trade blocs and data on their exports.) and years for which complete data are available. The table shows both simple average tariffs and average tariffs weighted by world imports. Simple averages are a better indicator of tariff protection Average tatiffa are declining than averages weighted by import values, which are biased downward, especially when tariffs are set so high as to discourage trade. Weights based on world imports provide an alternative measure of a coun- CNn, try's tariff barriers that reflects average world trading patterns. 9 - Plipbnes , Some countries set fairly uniform tariff rates across all imports. Others are more selective, setting ELroaean Union Arg ,na high tariffs to protect favored domestic industries 1.. and low tariffs on goods that have few domestic sup- UitedI Siales 'apar. pliers or that are necessary inputs for domestic l t9. 1 iw9 i industry. The standard deviation of tariffs is a mea- Source: r :.rtI5- ;, :x,,'l sure of the dispersion of tariff rates around their TarHff rates have Iailen in most countries since the mean value. Highly dispersed rates are evidence of start ol the uruguao Round of the General discriminatory tariffs that may distort production and Agreement on Tariffs and Trade. Aerage tarif are expected to tail atill further as reductions nego- consumption decisions. But this tells only part of the liated during the Round are Implemented. story. The effective rate of protection-the degree to which the value added in an industry is protected- may exceed the nominal rate if the tariff system sys- tematically differentiates among imports of raw materials, intermediate products, and finished goods. Nontariff barriers are not shown in this table. (But see table 5.6 in World Development Indicators 1997 199S World Development Indicators 333 6.8 Global financial flows Net private I Foreign direct Portfolio investment flows Bank and capital flows investment trade-related lending Bonds Eqtilty $ millions $ millions $ mii,ons $ miQrons $ mn .00n5 1990 1996 1 J.990 1996 1990 1996 1990 1996 1990 199e Albani'a 31 92 0 90 0 0 0 0 31 2 Algeria -442 -72 0 4 -15 0 0 5 -427 -81 Angola 237 753 -335 300 0 0 0 0 572 453 Argentina -203 14,417 1,836 4,285 -857 8,945 13 864 -1.196 323 Armenia .. 18 18 0 0 ..0 Australia ... 6,517 6,321 . .. Austria 653 3,826 Azerbaijan .. 601 . 601 .. 0 .0 ..0 Bangladesh 70 92 3 16 0 0 0 30 67 47 Belarus ..7 . 18 .. 0 .0 -. -11 Belgium .. -. ..-.---.-- Benin 1 2 1 2 0 0 0 0 0 0 Bolivia 3 571 27 527 0 0 0 0 -24 44 Bosnia and Herzegovina Botswana 77 66 95 75 0 0 0 0 -19 -9 Brazil 562 28.384 989 9.889 129 4.634 0 3,961 -556 9,880 Bulgaria -42 300 4 115 65 -205 0 500 -111 -109 Burkina Faso 0 0 0 0 0 0 0 0 0 0 Burundi -5 0 1 1 0 0 0 0 -6 -1 Cambodia 0 290 0 294 0 0 0 0 0 -3 Cameroon -125 -28 -113 35 00 0 0 -12 -63 Canada .. - 7,581 6.398 . .- .- Central African Republic 0 5 1 5 0 0 0 0 -1 0 Chad -1 18 0 16 0 0 0 0 -1 0 Chile 2,098 6,803 590 4,091 -7 1,659 320 103 1,194 750 China 8,107 50,100 3.487 40,180 -46 1,190 0 3,466 4,668 5,264 Hong Kong, China............ - Colombia 345 7,739 500 3.322 -4 -1,844 0 290 -151 2.283 Congo, Dem. Rep. -24 2 -12 2 0 0 0 0 -12 0 Congo, Rep. -100 -7 0 8 0 0 0 0 -100 -15 Costa Rica 23 387 163 410 -42 -7 0 1 -99 -16 CMe dIlvoire 57 160 48 21 -1 0 0 30 10 109 Croatia -. 915 ,. 349 -. 22 -- 111 433 Czech Republic 876 4,894 207 1,435 0 371 0 164 669 3,124 Denmark ... 1.132 773 . .. Dominican Republic 130 366 133 394 0 0 0 0 -3 -28 Ecuador 183 616 126 447 0 -10 0 1 57 377 Egypt, Arab Rep. 698 1,434 734 636 -1 0 0 1,233 -35 -435 El Salvador 8 48 2 25 0 0 0 0 6 23 Eritreea- 0. 0- 0 - 0. 0 Estorla .. 191 . . 150 .. 40 5-S- -4 Ethiopia4 45 -205 12 5 0 0 0 0 -57 -210 Finland ... 812 1,118 . .- France ... 13.183 21,972 . -- Gabon 103 -114 74 -65 0 0 0 0 29 -49 Gambia, The -7 11 0 11 0 0 0 a -7 0 Georgia -. 40 -- 40 0 00 Germnany . 2,532 -3,163 . .- Ghana -5 477 15 120 0 250 0 124 -20 -18 Greece . .. -.---. Guatemala 44 5 48 77 -11 -33 0 0 7 -39 Guinea -1 41 18 24 0 0 0 0 -19 17 Guinea-Bissau 2 1 2 1 0 0 000 0 Haiti 8 4 6 4 0 0 0 0 0 0 Honduras 77 65 44 75 0 -13 0 0 33 3 334 1998 World Development Incolcators 6.8 Net private Foreign direct Portfolio investment flows Bank and capital flows investment trade-related lending Bonds Equity $ millions $ millions $ millions $ millions $ millions 1990 1996 1990 1996 1.990 1996 1990 1996 1.990 1996 Hungary -308 1,618 0 1,982 921 -940 150 1,004 -1,379 -429 India 1,873 6,404 162 2,587 147 -457 105 4.398 1,459 -124 Indonesia 3,219 18,030 1,093 7,960 26 3,744 312 3,099 1,788 3,228 Iran, Islamic Rep. -392 -352 -362 10 0 0 00 -30 -362 Iraq Ireland 627 2,456 Israel 101 2,110 Ital 6,411 3,523 Jamaica 92 191 138 175 0 53 00 -46 -36 Japan... 1,777 200 . ...... Jordan 254 -119 38 1 6 0 -5 0 25 216 -154 Kazakhstan .. ......I... ...... 615 . .... :......... 310 ... ...: .. . .. 200 0.. .105 Kenya 124 -104 57 13 0 0 0 43 87 -160 Korea, Dem. Rep. Korea, Rep. 788 2,325 Kuwait Kyrgyz Republic 46 46..0 . Lao PDR 6 104 6 104 0 0 00 0 0 Latvia 331 328..0 .0 3 Lebanon 12 740 6 80 0 460 0 122 6 78 Lesotho 17 38 17 28 0 0 00 0 10 Libya . Lithuania 469 . 152 . .... 160 . 21 136 Macedonia, FYR 8..8.0..0.0 Madagascar 7 5 22 10 0 0 00 -15 -5 Malawi 2 -3 0 1 0 0 00 2 -4 Malaysia 769 12,096 2,333 4,500 -1,239 2,062 293 4,353 -617 1,180 Mali -8 23 -7 23 0 0 00 -1 0 Mauritania 6 25 7 5 0 0 00 -1 20 Mauritius 85 112 41 37 0 0 0 34 44 41 Mexico 8,240 23,647 2,634 7,619 661 11,344 563 3,922 4,382 763 Moldova .. 115 ...41....0.. . 0 .. ......74 Mongolia 16 -15 0 5 0 0 00 16 -20 Morocco 337 388 165 311 0 293 0 222 172 -438 Mozambique 35 23 9 29 0 0 00 26 -6 Myanmar 153 129 161 100 0 0 0 10 -8 19 Namibia Ne~pal.-9 9 6 19 0 0 00 -15 -10 Netherlands 12,343 7.824 New Zealand 1,735 280 Nicaragua 21 41 0 45 0 -8 00 21 4 Niger 9 -24 -1I 0 0 0 00 10 -24 Nigeria 467 706 588 1,391 0 0 05 -121 -690 Norway... 1,003 3,960 .. .. ......... Oman -259 69 141 67 0 0 0 25 -400 -24 Pakistan 182 1,936 244 690 0 150 0 700 -63 396 Panama 127 301 132 238 -2 75 05 -4 -17 Papua New Guinea 204 414 155 225 0 0 0 187 49 2 Paraguay 67 202 76 220 0 0 00 -9 -18 Peru 59 5,854 41 3,581 0 0 0 2,740 18 -467 Philippines 639 4,600 530 1,408 395 2,319 0 1,333 -286 -460 Poland 71 5,333 89 4,498 0 216 0 722 -18 -103 Portugal... 2,610 618...... Puerto RICO....... . Romania 4 1,814 0 263 0 1,029 0 11 4 510 Russian Federation 5,604 7,454 0 2,479 310 21 0 5,008 5,294 -54 1998 World Development Indicators 335 6.8 Net private Foreign direct Portfolio investment flows Bank and capital flows investment trade-related lending Bonds EquIt~ $ millions $ millions $ ml ons S m. ons S m lions 1990 1996 ±990 1996 1990 1996 1990 1996 1990 1996 Rwanda 6 1 8 1 0 0 0 0 -2 0 Saudi Arabia . .. .. Senegal 42 34 57 45 0 0 0 0 -15 -11 Sierra Leone 36 5 32 5 0 0 0 0 4 0 Singapore ... 5,575 9,440 . .. Slovak Republic 278 1,265 0 281 0 380 0 0) 278 604 Sloveni'a .. 1,219 .. 186 .. 163 .. 360 .. 510 South Africa .. 1,417 .. 136 .. 367 .. 1,759 -845 Spain .. 13.984 6,396 Sri Lanka 54 123 43 120 0 0 0 70 11 -67 Sudan 0 0 0 0 0 0 0 0 0 0 Sweden .. 1,982 5,492 Switzerland ... 4,961 3,512 .. . Syrian Arab Republic 18 77 71 89 0 0 0 0 -53 -12 Tajikistan .. 16 . 16 ..0 ..0 0 Tanzania 5 143 0 150 0 0 0 0 35 -7 Thailand 4.498 13,517 2.444 2.336 -87 3,774 449 1,551 1,692 5,856 Togo 0 0 0 0 0 0 0 0 0 0 Trinidad and Tobago -69 343 109 320 -52 125 0 0 -126 -102 Tuni'sia -122 697 76 320 -60 0 0 0 -138 377 Turkey 1,782 5,635 684 722 597 1,578 35 799 466 2.536 Turkmenistan .. 355 . 108 ..0 .0 .. 247 Uganda 16 114 0 121 0 0 0 0 16 -7 Ukraine ._ 395 .. 350 .. -80 ..0 . 125 United Arab Emirates . .. .. .. United Kingdom .. 32,427 32.347.....- United States ... 47,918 76.955 . .. Uruguay -192 499 0 169 -16 59 0 5 -176 266 Uzbekistan .. 431. . 55 ..0 a 376 Venezuela -126 4,244 451 1,833 345 -51 0 1,740 -922 721 Vietnam 16 2.061 16 1,500 0 0 0 390 0 171 West Bank and Gaza.....* Yemen, Rep. 30 100 -131 100 0 0 0 0 151 0 Yugoslavia, FR (Serb./Mont.)5 1,836 0 0 0 -2 0 0 0 1,838 0 Zambi'a 194 33 203 58 0 0 0 0 -9 -25 Zi mbabwe 85 42 -12 63 -30 -30 0 17 128 -8 Low income 11,625 65,176 4,683 49,531 67 1,082 105 9 283 670 5,280 Ex"cI .. C"hi'na ..& ..I'n"d i'a . LoeMiddle income oaw & middle income 41,881 246,944 23,667 116,960 100 45,684 3,225 45,830 1487 8,7 East... Asa&Pcfi 843 10.7 034 861 -92 1,6 170 1,8 7,29 1511 Europe&Central Asia 7,787 35,005 1,097 14,941 1,893 2,755 . 235 . 370 . 4,56 . 8,604.~~~~~~~~~~~~~~~~~....:... ....... High income - Note: Totals for loin- and middle-income economies may not sum to regional totals because of unallocated amounts a. Includes Eritrea. b. Data for 1990 refer to thre former Yugoslavia. 336 1998 World Development Indicators 6.8 The data on foreign direct investment are based on Gross statistics on international bond and equity * Net private capital flows consist of private debt balance of payments data reported by the issues are produced by aggregating individual trans- and nondebt flows. Private debt flows include com- International Monetary Fund (IMF), supplemented by actions reported by market sources. Transactions of mercial bank lending, bonds, and other private cred- dataon netforeigndirectinvestmentreportedbythe public and publicly guaranteed bonds are reported its; nondebt private flows are foreign direct Organisation for Economic Co-operation and through the DRS by member economies that have investment and portfolio equity investment. Development (OECD) and official national sources. received either International Bank for Reconstruction * Foreign direct investment is net inflows of invest- The internationally accepted definition of foreign and Development (IBRD) loans or International ment to acquire a lasting management interest (1-0 direct investment is that provided in the fifth edition Development Association (IDA) credits. Information percent or more of voting stock) in an enterprise oper- of the IMF's Balance of Payments Manual (1993). on private nonguaranteed bonds is collected from ating in an economy other than that of the investor, The OECD has also published a definition, in con- market sources, because official national sources It is the sum of equity capital, reinvestment of earn- sultation with the IMF, Eurostat, and the United reporting to the DRS are not asked to report the ings, other long-term capital, and short-term capital Nations. Foreign direct investment has three com- breakdown between private nonguaranteed bonds as shown in the balance of payments. ponents: equity investment, reinvested earnings, and private nonguaranteed loans. Information on * Portfolio Investment flows are net and include and short- and long-term intercompany loans transactions by nonresidents in local equity markets non-debt-creating portfolio equity flows (the sum of between parent firms and foreign affiliates, is gathered from national authorities, investment country funds, depository receipts, and direct pur- However, many countries fail to report reinvested positions of mutual funds, and market sources. chases of shares by foreign investors) and portfolio earnings, and the definition of long-term loans dif- Thevolumeof portfolioinvestmentreportedbythe debt flows (bond issues purchased by foreign fers among countries. Foreign direct investment, as World Bank generally differs from that reported by investors). * Bank and trade-related lending covers distinguished from other kinds of international other sources because of differences in the classifi- commercial bank lending and other private credits. investment, is made to establish a lasting interest cation of economies, in the sources, and in the in or effective management control over an enter- method used to adjust and disaggregate reported Data sources prise in another country. As a guideline, the IMF sug- information. Differences in reporting arise particu- gests that investments should account for at least larly for foreign investments in local equity markets, The principal source of infor- 10 percent of the voting stock to be counted as for- where there is a lack of clarity, adequate disaggre- ( -1 J mation for the table is reports eign direct investment. In practice many countries gation, and lack of comprehensive and periodic Dtx .#1, 1 11f,f II to the World Bank's DRS from seta higher threshold. Because of the multiplicity of reporting in many developing economies. By con- member economies that have sources and differences in definitions and reporting trast, capital flows through international debt and received IBRD loans or IDA methods, there may be more than one estimate of equity instruments are well recorded, and the differ- credits. These data are com- foreign direct investment for a country and data may ences in reporting lie primarily in differences in the piled and published in the not be comparable across countries. classification of economies, in the exchange rates World Bank's annual Global Foreign direct investment data do not give a com- used, in whether particular tranches of the transac- Development Finance. Additional information has been plete picture of international investment in an econ- tions are included, or in the treatment of certain off- drawn from the data files of the World Bank and the IMF. omy. Balance of payments data on foreign direct shore issuances. investment do not include capital raised in the host economies, which has become an important source of financing for investment projects in some develop- ing countries. There is also increasing awareness that foreign direct investment data are limited because they capture only cross-border investment flows involving equity participation and omit nonequity cross-border transactions such as intrafirm flows of goods and services. For a detailed discussion of the data issues see the World Bank's World Debt Tables 1993-94 (volume 1, chapter 3). Portfolio flow data are compiled from several offi- cial and market sources, including Euromoney data- bases and publications, Micropal Inc., Lipper Analytical Services, published reports of private investment houses, central banks, national securi- ties and exchange commissions, national stock exchanges, and the World Bank's Debtor Reporting System (DRS). 1998 World Development Indicators 337 ~ Net financial flows from Deveiopment 6.9 Assistance Committee members Official Other Private Total net development official flows flows assistance flows Contributions Foreign Bintersl Mu.,,lateral Priate Bilateral Bilateral to mnultilateral direct portft, o portfoJro export Net grarnts Ton-al grants loans institutions Total investment investmnent investmenit credits by NGCs $ millions, 1996 Australia 1.121 899 0 223 220 0 0 0 0 0 76 1,417 Austria 557 353 59 145 335 938 247 0 0 691 47 1,878 Belgium 913 528 2 384 94 4,528 461 4~194 0 -127 60 5.595 Canada 1,795 1,392 -35 439 489 1,859 2,024 -154 0 -11 302 4,446 Denmark 1,772 1,074 -16 715 -48 188 199 0 0 -11 36 1,949 Finland 408 218 -4 194 244 472 257 162 0 53 0 1.124 France 7,451 5,634. 120.1,697 .-8 1,1 4,5 5,5 1.106 0 18,283 Germany 7.601 4,507 29 3,066 194 12,336 3,456 6,980 187 1,712 1,044 21,175 Ireland 179 114 0 65 0 125 0 125 0 0 568 371 Italy 2,416 530 281 1,604 1,78 289 457 1,642 0 -1,810 31 4,713 Japan.9439 5. 38.2,770 .1.232 .972.469 8,7 19,981 -599 -485 232 38,088 Luxembourg 82 57 0 26 0 0 0 0 0 0 16 99 Netherlands 3,246 2,509 -234 971 57 5,858 6,225 -912 1,044 -499 353 9,514 New Zealand 122 102 0 20 0 9 9 0 0 0 16 147 Norway 1,311 935 9 367 -1 294 202 0 0 92 80 1,685 Portugal 218 126 31 61 135 593 482 0 0 i11 -1 944 Spain 1,251 563 325 364 0 2,865 2.865 0 0 0 122 4,239 .wdn1,999 1,395 0 604 0 -17 339 0 0 -357 22 2,004 Switzerland 1,026 726 -4 304 0 395 1,316 0 -583 -338 182 1,604 United Kingdom 3,199 1.782 8 1,409 81 18,196 5,852 .12,120 a 224 382 21,859 United States 9,377 7,672 -755 2,460 1,119 42,848 23,430 19.472 -997 943 2.509 55,853 Total 55,485 36,553 2,585 16,347 5,562 130.360 61,'051 68,963 -948 1,295 5,577 196,984 Official Other [ Private Total net aid official flows flows flows Cont,ibutions Foreign Bilateral Multi[ateral Prlvate Bilateral Bilateral to mnultilateral d,rect portfci.c Po tfollo neport Net g,atns Total grants loans institujtions Totai investmnent rinvestment investment credits by NGOs $ millions, 1996 Australia 10 7 0 2 0 0 0 0 0 0 (1 10 Austria 226 185 0 40 4 355 355 0 0 0 5 590 Belgium 70 14 0 56 -4 4,109 169 4,007 0 -67 0 4,175 Canada 181 180 0 0 -132 3 0 0 0 3 052 Denmnark 120 109 9 11 26 248 248 0 0 0 5 398 Finland 57 37 3 7 -7 146 194 -64 0 16 0 195 France 709 0 0 293 0 4,860 1,192 3,886 0) -218 0 709 Germany 1,329 832 11 443 90 ,71 -3.648 171 0 852 61 6,969 Ireland 1 1 0 0 0 0 0 0 0 0 a 1 Italy 294 12 0 283 64 2.18 153 706 0 -641 0 677 Japan 184 141 10 27 898 1.928 1,315 1,652 0 -1,039 0 3,010 Luxembourg 2 2 0 0 0 0 0 0 0 0 0 2 Netherlands 13 13 0 0 -6 -36 45 -78 0-2 0 -29 New Zealand 0 0 0 0 0 0 0 0 0 0 0 0 Norway 50 50 0 0 0 -193 -201 0 0 8 0 -143 Portugal 18 0 0 18 3 -4 3 0 0 -7 0 17 Spain 2 2 0 0 0 -102 -102 0 0a 0 -100 Sweden 178 127 0 51 23 -107 -84 0 0 -23 094 Switzerland. 97 76 0 21 4 706 705 ~ 0 0 0 a 807 United Kingdom 362 133 0 228 0 3,952 390 3,500 0 62 13 4,327 United States 1,694 1,612 31 82 -24 2,652 2,226 578 0 -152 295 4,617 Total 5,596 3,535 63 1,561L 1,758 23,406 10,255 14,358 0 -1,207 379 26,279 338 1998 World Developmnent Indicators 6.9 ( The high-income members of the Organisation for ODA. Part II of the list, created after the collapse of the * Official development assistance (ODA) comprises Economic Co-operation and Development (OECD) are Soviet Union, monitors the flow of concessional assistance grants and loans net of repayments that meetthe DAC def- the main (though not only) source of external finance for to transition economies that are not considered eligible for inition of ODA and are made to countries and territories in developing countries. This table provides an overview of ODA but that nevertheless receive ODA-like flows. Under a part I of the DAC list of aid recipients. * Official aid com- the flow of financial resources from members of the procedure agreed to in 1993, countries with relatively higher prises grants and ODA-like loans net of repayments to OECD's Development Assistance Committee (DAC) to incomes are moving from part I to part 11 status. To differ- countries and territories in part 11 of the DAC list of aid official and private recipients in developing countries. entiate assistance to the two groups of recipients, ODA-like recipients. * Bilateral grants are transfers in money or in DAC exists to help its member countres coordinate their flows to part 11 countries are termed official aid. kind for which no repayment is required. * Bilateral loans development assistance and to encourage the expan- The data in the table were compiled from replies by DAC are loans extended by governments or official agencies sion and improve the effectiveness of the aggregate member countries to questionnaires issued by the DAC that have a grant element of at least 25 percent and for resources made available to developing and transition Secretariat. Net flows of resources are defined as gross which repayment is required in convertible currencies or economies. In this capacity DAC monitors the flow of all disbursements of grants and loans minus repayments on in kind. * Contributions to multilateral agencies are con- financial resources, but its main concern is official earier loans. Because the data are based on donor coun- cessional funding received by multilateral institutions from development assistance (ODA). DAC has three criteria try reports, they do not provide a complete picture of the DAC members in the form of grants or capital subscrip- for ODA: It is undertaken by the official sector. It pro- resources received by developing countres, for three rea- tions. * Other official flows are transactions by the offi- motes economic development or welfare as a main sons. First, flows from DAC members are only part of the cial sector whose main objective is other than objective. It is provided on concessional terms, with a aggregate resource flows to developing countries. Second, development or whose grant element is less than 25 per- grant element of at least 25 percent on loans. the data that record contributions to multilateral institu- cent. * Private flows consist of flows at market terms This definition excludes military aid and nonconces- tions measure the flow of resources made available to financed from private sector resources. They include sional flows from official creditors, which are considered those institutions by DAC members, not the flow of changes in holdings of private long-term assets by resi- other official flows. It includes capital projects, food aid, resources from those institutions to developing countries. dents of the reporting country and private grants by non- emergency relief, peacekeeping efforts, and technical Third, because some of the countries and territories on the governmental organizations, net of subsidies from the cooperation. Also included are contr.butions to multilat- DAC recipient list are normally classified as high income, official sector. * Foreign direct investment is investment eral institutions, such as the United Nations and its spe- the reported flows may overstate the resources available by residents of DAC member countries to acquire a last- cialized agencies, and concessional funding to the to low- and middle-income economies. High-income coun- ing management interest (at least 10 percent of voting multilateral development banks, including the World tries receive only a small fraction of all development assis- stock) in an enterprise operating in the recipient country. Bank's International Development Association. tance, however. The data in the table reflect changes in the net worth of DAC maintains a list of countries and territories that Net disbursements of ODA by some important subsidiaries in recipient countries whose parent company are aid recipients. Part I of the list comprises countries donor countries that are not DAC members are shown is in the DAC source country. * Bilateral portfolio invest- and territories considered by DAC members to be eligible for in table 6.9a. ment covers bank lending and the purchase of bonds, shares, and real estate by residents of DAC member coun- ________________________ tries in recipient countries. * Multilateral portfolio investment records the transactions of private banks and Official development assistance by non-DAC donors nonbanks in DAC member countries in the securities S millions issued by multilateral institutions. * Private export cred- 1992 1993 1994 1995 1996 its are loans that are extended to recipient countries by the OEm' re,,r.4,r .r , private sector in DAC member countries for the purpose of *: - promoting trade and are supported by an official guaran- fY~ 1 |1-; I; Jtee. * Net grants by NGOs are grants by nongovernmen- tal organizations, net of subsidies from the official sector. , rhZ- lic ±11: I o J 1"9 * Total net flows comprise ODA or official aid flows, other official flows, private flows, and net grants by NGOs. t rr.r vA:. - ? C: Data sources ''rr,a, icr, SrI Data on financial flows are compiled by DAC and pub- lished in its annual statistical report, Geographical Dis- Note: China also provides aid, but does not disclose the amount. tribution of Financial Flows to Aid Recipients, and the DAC a. Comprisps total aid disbursements to both part I countries (official o - ....' . -, . -.. ;. ,., chairman's annual report, Development Co-operation. (official aid). Source: OECD. a998 World Development Indicators 339 Aid flows from Development Assistance 6.10 Committee members Net official Aid Untied development assistance appropriations aid annual average % Per capita of chanage inveolume' donordcunry', % of centra ft of totai $ millions % of GNP 1.991-92 to $ governmnt budget ODA commitments .1991 1996 1.99±. 1996 .1995-960 1991 ±996 1991 1996 I1991 1995 $ millions, 1996 Australia 1,050 1,121 0.38 0.30 1.7 61 62 1.3 1.2 45.5 0. Austria 547 557 0.34 0.24 1.5 70 69 0.6 0.0 0.4 12.1 Belgu 81 93 04 0.4 -2.6 84 91 00 .0 14.7 0.0 Canada 2,604 1,795 0.45 0.32 -3.3 96 60 1.9 1.4 6.0 14.9 Denmark 1,200 1,772 0.96 1.04 3.5 233 336 3.2 2.7 29.5 47.8 Finland 930 408 0.80 0.34 -14.2 186 80 2.0 1.0 13.2 25.9 France 7,38 7,45 0.62 0.48 -2.2 129 128 3. 00 5.8 26 Germany 6,890.7.601 0.40 .,33 -2.2 86 93 0.0 0.0 45.5 23.0 Ireland 72 179 0.19 0.31 18.8 21 50 0.7 0.0 0.0 0.0 Italy 3,347 2,416 0.30 0.20 -9.4 58 42 0.6 0.0 2.3 22.0 Japan 10,952 9,439 0.32 0.0 -. 8 75 1.3 0.0 13.2 59.2 Luxemnbourg 42 82 0.33 0.44 9.2 108 211 0.0 0.0 0.0 0.0 Netherlands 2,517 3,246 0.88 0.81 0.5 167 209 0.0 3.6 34.1 42.6 New Zealand 100 122 0.25 0.21 0.5 29 34 0.5 0.6 31.7 0.0 Norway 1.178 1,311 1.13 0.85 -0.2 276 300 2.0 1.8 41.6 42.1 Portugal 205 218 0.30 0.21 -0.2 19 22 0.0 0.0 0.0 54.7 Spain 1,262 1,251 0.24 0.22 2.3 32 32 0.6 1.0 0.0 0.0 Sweden 2,116 1,999 0.90 0.84. -2.2 246. 226 2.7 0.0 65.8 57.9 Switzerland 863 1.026 0.36 0.34 0.3 126 145 3.1 2.8 55.4 47.7 United Kingdom 3,201 3,199 0.32 0.27 1 .1 56 54 1.2 1.1 15.3 19.2 Un ited"States 11.262 9,377 0.20 0.12 -8.0 44 35 0.0 0.0 20.8 0.0 Total 56,670 55,485 0.34 0.25 -3.2 74 68 0.8 1.6 29.3 32.3 Net official aid Per capita of annual average ft dorer courtry' $ millions % of GNP change in volumre' $ $ 1991 1996 1991 1996 1.991-92 to 1995-96 1991 1996 $ millions, 1996 Australia 9 10 0.00 0.00 -2.0 0 1 Austria 290 226 0.18 0.10 -9.0 37 28 Belgium 274 70 0.14 0.03 -25.3 28 7 Canada 145 181 0.03 0.03 4.1 5 6 Denmark 65 120 0.05 0.07 12.2 13 23 Finland 114 57 0.10 0.05 -3.7 23 11 France 457 709 0.04 0.05 1-1.3 8 12 Germany 2,37 1,329 0.15 0.06 -5.3 33 16 Ireland 15 1 0.04 0.00 -5.3 4 0 Italy 382 294 0.03 0.02 -3.47 Japan 110 184 0.00 0.00 -1.1 1 1 Luxembourg 5 2 0.04 0.0 -36.7 12 Netherlands 152 13 0.05 0.00 -3.7 10 1 New Zealand 1 0 0.00 0.00 -73.8 0 0 Norway 25 50 0.02 0.03 10.6 6 11 Potugal 22 18 0.03 0.02 -4.3 2 2 Spain 162 2 0.03 0.00 -69.3 4 0 Sweden 50 178 0.02 0.07 -6.2 6 20 Switzerland 55 97 0.02 0.03 2.5 8 14 United Kingdom 327 362 0.03 0.03 3.8 6 6 United States 1,832 1,694 0.30.02 1.9 7 6 Total 7,128 5,596 0.04 0.03 -2.4 9 7 a. At 1996 exchange rates and prices. 340 1998 World Developmnent Indicators 6a10 As part of its work the Development Assistance ent country when the multilateral institution makes a * Netofficialdevelopmentassistanceandnetofficial Committee (DAC) of the Organisation for Economic disbursement. aid record the actual international transfer by the donor Co-operation and Development (OECD) assesses the Aid-to-GNP ratios, aid per capita, and aid appro- of financial resources or of goods or services valued at aid performance of member countries relative to the priations as a percentage of donor government bud- the cost to the donor, less any repayments of loan prin- size of their economies. As measured here, aid com- gets are calculated by the OECD. The denominators cipal duringthe same period. Data are shown at current prises bilateral disbursements of concessional used in calculating these ratios may differ from cor- prices and dollar exchange rates. * Aid as a percent- financing to recipient countries plus the provision by responding values elsewhere in this book because of age of GNP shows the donor's contributions of ODA donor governments of concessional financing to mul- differences in timing or definition. or official aid as a share of its GNP. e Annual aver- tilateral institutions. Volume measures, in constant The proportion of untied aid is reported here age percentage change In volume and aid per capita prices and exchange rates, are used to measure the because tying arrangements require recipients to of donor country are calculated using 1996 change in real resources provided over time, Aid purchase goods and services from the donor coun- exchange rates and prices. * Aid appropriations are flows to part I recipients-official development assis- try or from a specified group of countries. Tying the share of ODA or official aid appropriations in the tance (ODA)-are tabulated separate from official aid arrangements may be justified on the grounds that donor's national budget. * Untied aid is the share of to part 11 recipients (see About the datafortable 6.9 they prevent a recipient from misappropriating or aidthatisnotsubjecttorestrictionsbydonorson pro- for more information on the distinction between ODA mismanaging aid receipts, but they may also be curement sources. andl official aid). motivated by a desire to benefit suppliers in the Measures of aid flows from the perspective of donor country. The same volume of aid may have dif- Data sources donors differ from aid receipts by recipient countries. ferent purchasing power, depending on the relative This is because the concessional funding received by costs of suppliers in countries to which the aid is tied The data in this table appear multilateral institutions from donor countries is and the degree to which each recipient's aid basket in the DAC chairman's recorded as an aid disbursement by the donor when is untied. Thus tying arrangements may prevent report, Development Co- the funds are deposited with the multilateral institu- recipients from obtaining the best value for their operation. The OECD also tion and recorded as a resource receipt by the recipi money and so reduce the value of the aid received. makes its data available on x gI diskette, magnetic tape, and the Internet. Aid flows are failing $ billions % of donor GNP ur5ed States uinea Slare- r'rrnr Gi,rr,.k - Frsn,,:e FrL"..:e Netheru.ans rJ*EthInrla UrLfed 9,ngo,rn unTei l,.rpg&m lalI~iral S^eder, m -.ae marp 0r i -en Spam, Sp,r.n A4SEM3t A ui,rau 3 6-tZedand -S..eilana Selgiurr. -e -wrr, 0 2 4 6 8 10 12 0 0.2 0.4 0.6 0.8 1.0 1.2 * 1991 0 1996 Source: OECD and World Sank staff estimates. Official development assistance to developing countries has declined over the past five years. Not only has the dollar vatue fafien, but many DAC members now provide less aid as a portion of their gross domestic output. 1995 World Development Indicators 341 6.11 Aid dependency Net official Aid per capita Aid dependency ratios development assistance and official aid Aid as Ad as Aid as %of ~~~~~% of % of Aid as gross%doomest o imports of centtal goserrment S millions J $ % of GNP .rvestmrent goods ass services e,penditures ±991 1996 1991 1996 1991 1996 1991 1996 1991 1996 1991 1996 Albania 324.2 222.0 99 68 29.2 8.1 470.1 40.2 95.3 19.8 .. 24.1 Algeria 340.0 309.0 13 11 0.8 0.7 2.4 2.5 3.2 Angola 279.7 544.2 29 49 9.6 15.8 51.5 72.0 6.6 12.0 Argentina 299.5 277.4 9 8 0.2 0.1 1.1 0.5 1.7 0.8 1.4 0.6 Armenia 2.7 294.9 1 78 0.1 18.2 0.2 146.8 37.0 32.0 Australia Austria Azerbaijan 0.0 106.3 0 14 0.0 3,0 2.3 11.9 .. 8.5 Bangladesh 1,8899.1 1,254.5 17 10 8.1 3.9 70.2 23.2 47.3 16.1 Belarus 187.0 73.0 18 7 0.5 0.4 1.8 1.5 7.7 1.1 Belgiumn Reni'n 269&4 292.8 55 52 14.5 13.5 98.6 77 5 41.2 49. 7 Bolivia 512.6 849.9 78 112 10.8 13.3 74.0 71.6 36.4 42.6 57.0 49.5 Bosnia and Herzegovina 0.0 811.6 0 184 . . . . . Botswana 136.0 80.8 103 55 3.4 1.7 10.9 6.8 5.7 3.6 10.2 5.4 Brazil 182.6 408.2 1 3 0 .0 0.1 0.2 0.3 0.5 0.5 0.2 Bulgaria 316.0 170.0 37 20 3.2 1.9 12.8 12.7 7.3 2.7 10.3 3.6 Burkina Faso 423.7 418.2 46 39 15.2 16.5 73.7 64.8 55.8 83.7 86.1 Burundi 259.1 203.8 46 32 22.4 18.1 154.0 203.2 72.4 96.9 77.2 81.8 Cambodia 91.0 452.9 10 44 5.6 14.5 59.3 70.0 39.2 33.5 Cameroon 518.5 413.3 44 30 4.5 4.9 25.0 28.4 18.7 16.8 20.3 42.2 Canada Central African Republic 174.7 166.9 58 50 12.8 16.1 99.8 280.7 52.3 62.3 Chad 265.8 305.2 46 46 20.2 26.9 274.0 134.9 66.7 50.7 65.9 Chile 125.5 203.4 9 14 0.4 0.3 1.5 1.0 1.1 0.9 1.7 1.4 China 1,998.7 2,617.3 2 2 0.5 0.3 1.5 0.8 3.5 1.5 5.3 6.1 *Hong IKong, China 36.1 13.2 6 2 0.0 0.0 0.2 0.0 . Colomnbi'a 122.5 250.8 4 7 0.3 0.3 1.9 1.4 1.4 1.2 2.6 Congo, Dem. Rep. 476.2 167.4 12 4 5.,7 2.8 94.0 38.5 25.6 41.7 Congo, Rep. 133.7 429.7 57 159 5.9 22.9 24.9 29.6 7.9 16.6 - Costa Rica 174.1 -6.8 56 -2 3.2 -0.1 12.3 -0.3 6.9 0.6 12.5 1.0 Ci5te dIlvoire 632.7 967.6 51 67 6.9 9.9 82.0 68.1 14.6 19.5 Croatia 0.0 133.4 0 28 0.0 0.7 0.0 4.7 0.0 1.3 0.0 1.5 Cuba 37.6 67.8 4 6 . . . . . Czech Republic 231.0 122.0 22 12 0.9 0.2 3.2 0.6 0.5 0.3 0.6 0.6 DenmaIrk Dominican Republic 66.5 105.8 9 13 0.9 0.8 3.8 3.3 2.7 2.0 7.9 6.7 Ecuador 238.0 260.9 23 22 2.2 1.5 9.1 7.8 5.63 4.5 14.3 8.3 Egypt, Arab Rep. 5024.7 2,211.8 . .4 37 . 14.3 33 64.2 19.7 26.4 10.9 44.4 14.0 El Salvador 294.2 317.2 57 55 5.6 3.1 36.0 19.3 16.7 8.0 48.1 22.6 Er itrea 0.0 157.2 0 43 .. . . 0.0 27.1 - Estonia 15.0 62.0 10 42 0.3 1.4 1.0 5.4 14.4 1.6 9.2 4.3 Ethiopi'a 1,097.3 849.4 21 15 20.6 14.3 287.8 67.6 84.2 49.1 -51.4 Finland France Gabon 143.4 126.5 145 112 3.0 2.6 10.0 11.0 6.0 5.5 8.7 Gambia, The 102.7 38.5 107 34 31.6 13.4 157.2 62.6 38.3 12.7 132.1 Georgia 0.2 318.4 0 59 0.0 7.1 0.0 121.1 .. 23.6 Germany Ghana 882.1 653.6 58 37 13.6 10.5 84.2 55.2 49,5 25.6 95.4 Greece Guatemala 198.6 216.1 21 20 2.1 1.4 14.8 10.7 9. 5.7 23.4 16.5 Guinea 382.0 295.5 64 44 13.6 7.8 77.5 57.6 31,2 28.1 58.9 Guinea-Bissau 115.5 179.9 118 164 49.4 67.5 144.9 304.3 100.6 122.0 Haiti 181.9 375.2 28 51 5.6 14.4 49.4 2,117.2 32.9 47.4 Honduras 302.5 367.3 58 60 10.5 9.2 40.0 28.6 21.2 19.4 342 1998 World Development Indicators 6.11 Net official Aid per capita Aid dependency ratios development assistance and official aid Aid as Aid as Aid as % of % Of % Of Aid as gross dome-stic imports of central governmnent $ millions $% of GNP investment goods and services expenditures 1991 1996 1991 1996 1991 1996 ±991 ±996 1.991 1996 1991 1996 Hungary 626.0 165.0 61 18 2.0 ....04.4 9.2 ...1.5 4.8. 0.8 .. India 2,745.0 1,936.2 3 ... .2. . 1..1 ... .0.6 .. 4.8 2.1 9.3 .. 3.3 ... 5:9 3.3 Indonesia 1,874.4 1,120.6 10 6 1.5 .0.5 .. . 5.0 1.6... 4.9 2.3 8:8 3.4 Iran, Islamic Rep. 194.4 171.0 4 3 0.2 0.1 0.5..I........ 0.6 1.2 0.1 0.5 Iraq55 . 387.4 30 18 -.. :.......... . Ireland Israel 1,749.5 2,216.7 353 .389.. .. 2.8 0.4 11.6 1.6 6.8 5.2 7.8 4.8 Jamaica 162.2 59.9 67 ...... 24 ... .4.9 1.4 16.7 5.1 5.9 2.6....... Jordan 9207.7 513j.7 .260 1.. 19 23,8 7.2 84.9 20.2 23.6 8.8 59.4 25.5 Kazakhrstan 111.5 124.0 7 8 04 0:6....... 0.1 2.6 0.2... 1.6 .. :... .. Kenya 921.2. 606.1 .....38. 22. .12:1 68 53.9 ...32.4 ...333 165 396 33.3 Kore.,Oem. Rep. 9.0 42.8 0 2 . . . Korea, Rep. 54.8 -.. 146.9 ... 1 -3 0.0 0.0 0.0 -0.1 0.1 -0.1 0.1 -0.2 Kuwait .....I..4.5 . ....3.1 .. 3. 2.. 0,0 0!0 0:0 0-2 00 .. 0.0 00 0.0 Lao PDR 143.3 338.6 35 72 13.9 18.2 59.8 57.3 46.4 Latvia 3.0 79.0 1 32 0.0 .......1.6 0.1 8:4 ....84 24 4'9 Lebanon 1322.2 232.8 36.. 57.. 2'.7 1.8 15.4 6~0 3.3 2.9 8,2. 5'2 Les tho 1626.2. 107.2 ....69 53... 12..1 8.7. 27.6 11.6 .. 13.9 12.8 35.9 Lithuania 4.0 89.0 1. ....24 0.0O 1.2 0.1 5.5 2.6 1.7 .10.9 4.5 Macedonia, FYR 0. . ... ..0: .. 105.5 .....0 53 0.0 5.3 0.0 26.0 0.0 ...5.7 Madagascar.4,55.9... 3645.5 . 38 27 17.9 9.1 1613.3.. 878.8 54.0 31.1 112.5 52.9 Malawi 524.6 500.8 60 .... 50.. .24.6 23.2 119.6 132.4 60.6 48.9 Malaysia ..289.5 .-451,.6 16... -22. 0.6 -0.....795. 1.7 -1.1.. 0.7 0.1 2.1 -2.1 Mali 457.7 .505.1 .....53 51 19.2 19.4 83.0 71.7 53.3 .. 56.2 .. .. Mauritania ......219.9 ..273.6 10.7 117 20.6 26-4.4. 108.4 .113.8 . 37.6.. 41.3 Mauritius 67.5 19.6 63 17 2:4 0.5 8.3 1.8 34.. 07 ..10:6 .....2.0 Mexico 278.3 289.1 3 3 0 1 01 0.4 0.4 ......0.4 0.2 0.6. 0 Moldova..- 0.. .. 37.0 ... ....0 . -... .9...... 0.0 2.1 00.0 7~.3 . .. 1.8 2.9 ...... Mongolia 69.5 202.6 31 81 24.2 21.3 80.8 93.0 13.4 37.8 51.3 96.4 Morocco 1,232.4 650.8 .. 50 24 4.6 1.8 19.5 8.6... 12.8 5.2 15:9 Mozambique 1,070.3 922.9 74 ... 51 83.8 59.8 163.4 111.5 88.4 87.8 ... .. .... Myanmar 179.4 56.2 4 1I17.3 9.1 4.1 1.3 Namibia 184.4 188.6 133 119 6.9 5.7 38.8 29.4 10.5 9.1 18.3 Nepaf ... .....453.4 ..491:4.4 .. 24 18 12.0 8.9 58.8 38.8 52.2 23.8 743.3 ... 46.0 Netherlands New Zealand Nicaragua .... . ... 84 1:.1 95.0.21 212 .. 64.1 57.1 239.8 174.5 70.3 .. 59.3. 176.5 105.6 Niger 377.0 258.7 48 28 16.5 13.2 176.4 134.8 57.6 53.0 Nigeria 262.6 191.8 3.... 2 1:1 0.6 4.1 3.2 2.0 1.5 Norway Oman..... ... 152.2.. . 61.6 .. 9 28 0.2 0.6 0.9 5.0 0.3 1.0 0.4 1.3 Pakistan 1,370.9 8.76.8 ....12 7.. 2.9 1.4 15.9 ...7.3 11.6 5.1 13..7. 6.0 Panama 101.9 895.5 . 42. 33 1.9 1.1 9.1.. 3.7 ..1.5 1.0 7.3 2.5 Papua New Guinea .396.8 385.0 -101 87 10.8 8.0 38..2 27.7 17.5 14.0 29~6 20.2 Paraguay ~~1460.0 97.1 34 20 2.4 .... 1.0 10.1 45.5 5.8 2.6 19 5 Peru 614.0. 409.8 28 17 2 2 0 7._ 12.6 2.9 9.6 34 11.2 4.1 Philippines 1,053.0 8832.2. 16 12. ..2.3 1.0 11.5 ....4.4 6.5 2.5 12.1 5.8 Poland 2,508 830 0 22 0.0 0:6 .. 0.0 30.0 0.0 1.9 . 1.5 Portugal Puerto Rico. .. ... . .. .. ... ... ... . .. . . ... ... Romania 321.0 ..218.0 .... .14 10 11 0.6 4.0 24.4 . 1.7 34.1 . Russian Federation 564.0 1,225.0 4 0 0.1 0.0 0.3 0.0 0.0 0.0 0.0 1996 World Developmnent Indicators 343 S ~6.11 Net official Aid per capita Aid dependency ratios development assistance and official aid Aid as Aid as Aid as % of % of % of Aid as gross dom estic imports of centrai government $ mitllons $ % of GNP investment goods and services expenditures 1991 1996 1991. 1996 1991. 1996 1991 1996 1991 1996 1991 1996 Rwanda 363.6 674.3 51 100 19.9 51.2 166.8 371.9 101.9 176.5 95.5 Saudi Arabia 44.7 28.5 3 1 0.0 0.0 0.2 0.1 0.1 0.1 Senegal 639.0 581.5 85 68 12.0 11.6 94.8 68.3 33.4 32.9- Sierra Leone 104.9 195.5 26 42 14.8 21.2 123.3 223.2 47.8 78.3 100.3 140.4 Singapore 7.8 0.0 3 0. 0.0 0.0- 0.1 0.0 0.0 0.0 0.1 0.1 Slovak Republic 114.0 141.0 22 26 1.1 0.7 3.4 2. 0.7 1.1 Sloveni'a 0.0 82.2 0 41 0.0 0.4 0.0 1.9 0.0 0.8 South Afri'ca 0.0 361.1 0 10 0.0 0.3 0.0 1.6 0.0 1.0 0.0 0.9 Spain Sri Lanka 890.5 494.5 52 27 10.1 3.6 43.3 13.9 23.4 7.7 33.8 13.0 Sudan 880.9 230.3 36 8 12.3 .. 94.9 .. 70.7 15.8 Sweden Switzerland Syrian Arab Republic 381.4 225.3 30 16 3.0 1.4 18.6 .. 8.6 3.2 5.6 2.8 Tajikistan 0.0 113.0 0 19 0.0 5.6 0.0 20.3 3.7 12.9- Tanzania 1,080.7 893.7 41 29 24.9. 15.6 86.7 84.8 61.4 38.4 Thailand 721.5 832.0 13 14 0.7 0.5 1.7 1.1 1.6 0.9 5.1 2.8 Togo 202.2 166.0 56 39 12.9 12.0 73.7 85.4 22.2 25.5 Trinidad and Tobago -1 6. -1 13 0. 03 -0.2 2.0 -0. 1 1.0 0.2 1. 7 Tunisia 357.2 126.4 43 14 2.8 0.7 10.5 2.7 5.6 1.3 8.1. 2.0 Turkey 1,622.5 232.5 28 4 1.1 0.1 4.7 0.5 5.8 0.4 5.1 0.5 Turkmenistan 0.0 23.8 0) 5 0.0 0.5 0.0 .. 0.0 1.6 Uganda 666.8 683.65 39 35 20.4 11.3 132.3 68.3 91.1 41.0 Ukraine 368.0 379.0 7 7 0.5 0.9 1.7 3.8 .. 1.7 United Arab Emirates -5.9 0.0 -3 0 0.0 0.0 -0.1I -0.1 I . . -0. 1 -0.2 United Kingdom United States Uruguay 51.5 51.5 17 16 0.5 0.3 4.3 2.3 2.1 1.1 1.9 0.9 Uzbekistan 0.0 87.2 0 4 0.0 0.4 0.0 2.1 0.2 1.7 Venezuela 30.7 44.2 2 2 0.1 0.1 0.3 0.4 0.2 0.2 0.3 0.4 Vietnam 237.5 927.2 4 1-2 2.5 4.0 16.5 14.2 8.6 6.8 West Bank and Gaza 0.0 593.0 . . . . . . . Yemen, Rep. 300.1 260.4 22 17 6.2 4.9 37.4 17.1 9.1 7.0 8.2 6.4 Yugoslavia, FR (Serb./Mont.)' 159.0 681.0 1.5 64 . . . . . Zambia 8683.3 6.13.9 110 67 27.7 18.6 237.4 120.2 48.8 .. 44.7 87.1 Zimbabwe 393.3 374.2 39 33 6.3 5.2 23.9 27.6 15.4 19.8 lVer-71131 ~ ~ ~ ~~~ . Low income 28,568.2 28,186.8 10 8 3.1 1.8 11.6 5.1 15.7 7. Loermdle inc"come.... 20,832.9 ~......... ...... ' 16,145.9.20.14 1.2 0.8.. 4.0.. 3.2 6.3 . Uper middle income 5,216.6 3,257.3 12 7 0.4 0.3 1. 14 14 1. L~o-w ..&.. mi d"dl e in"co..m"e ........6'1'1"6"0" .0... 54',03"5 .. 8..... 1..4.. 11 1.5 0.9 5.7 3.4 7.0 . East Asia & Pacific ~7',54"1".2 8',3"59".'5 5 5 1.0 0.6 ... 3.6 . . ..2.6. .... Europe&Cenral Asia ,890.3 8,98.2 19 17 0.8 0.6 2. 23 2. .7 'La't in ..Am ..er'i'ca ..& ...Ca'r'ib. 5,850.2 8,025.I 13 17 0.5 0.5 2'.6 1.7 2.7 1.9 Middle East & N. Africa 10,311.9 5,342.5 43 19 2.4 13 9.2 . . . So ut h As I'a ....... ........ 8',1"14.1... 5,4"9"9.9" ..7.... 4... 2.3 1.1 1064.8 15.1 5.6 Nihincome 2,653.6 3,091.5 .. .. .. .. a. Data tar 1991 include net tiows to the states of the former Yugoslavia: Bosnia and Herzegovina, Croatia. Macedonia FYR, and Slovenia. 5). Includes aid not allocated by country or region. 344 1.998 World Development Indicators 6.11 Ratios of aid to GNP, investment, imports, or public assistance, peacekeeping assistance, or technical coop- * Net official development assistance consists of dis- spending provide a measure of the recipient country's eration), each of which may have a very different effect on bursements of loans (net of repayments and principal) dependency on aid. But care must be taken in drawing the economy. Technical cooperation expenditures do not and grants made on concessional terms by official agen- policy conclusions. Forforeign policy reasons some coun- always directly benefit the economyto the extentthatthey cies of the members of DAC and certain Arab countries tries have traditionally received large amounts of assis- defray costs incurred outside the country on the salaries to promote economic development and welfare in recip- tance. Thus aid dependency ratios may reveal as much and benefits of technical experts and the overhead costs ient economies listed as developing by DAC. Loans with about the interests of donors as they do about the need of firms supplying technical services. a grant element of more than 25 percent are included in of recipients. In general, aid dependency ratios in Sub- Because the table relies on information from donors, it ODA. ODA also includes technical cooperation and assis- Saharan Africa are much higher than those in other is not consistent with information recorded by recipients tance. * Official aid refers to aid flows net of repay- regions, and they increased during the 1980s. These in the balance of payments, which often excludes all or ments from official donors to the transition economies high ratios are due only in part to the volume of aid flows. some technical assistance-particularly payments to of Eastern Europe and the former Soviet Union and to Many African countries experienced severe erosion in expatriates made directly by the donor. Similarly, grant certain advanced developing countries and territories as their terms of trade during the 1980s, which, along with commodity aid may not always be recorded in trade data determined by DAC. Official aid is provided under terms weak policies, contributed to falling incomes, imports, or in the balance of payments. Although ODA estimates in andconditionssimilartothoseforODA. * Aidpercapita and investment. Thus the increase in aid dependency balanceofpaymentsstatisticsaremeanttoexcludepurely includes both ODA and official aid. * Aid dependency ratios reflects events affecting both the numerator and military aid, the distinction is sometimes blurred. The def- ratios are calculated using values in U.S. dollars con- the denominator. inition used by the country of origin usually prevails. verted at official exchange rates. See the notes to tables As defined here, aid includes official development The nominal values used here tend to overstate the 1.1, 4.8, and 4.13 for definitions of GNP, gross domes- assistance (ODA) and official aid. The data cover bilat- amount of resources transferred. Changes in interna- tic investment, imports of goods and services, and cen- eral loans and grants from Development Assistance tional prices and in exchange rates reduce the pur- tral government expenditures. Committee (DAC) countries, multilateral organizations, chasing power of aid. The practice of tying aid, still and certain Arab countries. They do not reflect aid given prevalent though declining in importance, also reduces Data sources by recipient countries to other developing countries. As the purchasing power ofaid (see Aboutthe datafortable a result some countries that are net donors (such as 6.10). Data on aid are compiled by Saudi Arabia) are shown in the table as aid recipients. Aid not allocated by country or region-including DAC and published in its annual (See table 6.9a for aid disbursement by some non-DAC administrative costs, research into development issues, statistical report, Geographical countries.) and aid to nongovernmental organizations-is included Distribution of Financial Flows The data in the table do not distinguish among differ- in the world total. Thus regional and income group totals to Aid Recipients, and in the ent types of aid (program, project, or food aid, emergency do not add up to the world total. DAC chairman's report, Development Co-operation. The _NNE _ N C OECD also makes its data avail- Twenty countries received more than halt the official development assistance and official able on diskette, magnetic tape, and the Internet. aid provided in 1996 $ billions Source: OECD. 1998 World Development Indicators 345 Distribution of net aid by Development 6.12 Assistance Committee members Total Ten major DAC donors Others United United $ millions, 1996 States Japan France Germany Netherlands Kingdomi Canada Sweden Denmark Norway Albania 114.3 17.0 2.7 3.1 33.4 8.0 1.9 0.0 0.4 2.8 0.6 44.4 Algeria 263.0 0.0 0.9 241.1 -23.8 1.1 0.1 1.2 3.0 0.0 0.2 39.1 Angola 294.4 25.0 5.2 11.9 25.3 30.1 16.2 2.2 36.2 1.4 25.2 115.9 Argentina 85.0 0.0 19.0 7 .8 10.3 1.3 0.3 1.1 1.6 0.7 0.0 42.9 Armenia 115.3 88.0 0.0 5.8 6.7 7.5 1.4 0.0 2.7 0.0 1.8 1.3 Australia Austria Azerbaijarn 25.3 9.0 0.3 0.4 4.1 4.4 2.5 0.0 1.6 0.0 1.3 1.7 Bangladesh 644.5 41.0 174.0 27.2 84.0 67.2 71.4 37.5 28.3 36.9 39.6 37.3 Belarus 58.6 30.0 0.2 0.0 17.9 0.0 0.0 0.0 1.2 1.3 0.1 7.9 Belgium Benin 164.9 7.0 44.7 44.3 22.4 8.4 0.0 8.3 0.0 14.6 -0.2 15.4 Bolivia. 590.9 94.0 .98.0. 44.6 104.1 57.1 9.3 12.5 20.0 15.2 3.0 133.1 Bosnia and Herzegovina 593.8 135.0 25.0 7.2 39.9 88.4 0.6 0.0 30.1 0.0 46.8 220.9 Botswana 67.9 7.0 18.0 0.7 7.7 4.2 4.7 0.3 15.7 0.9 6.6 2.0 Brazil 190.8 -7.0 65.5 12.8 39.3 21.3 6.3 3.1 2.6 5.6 2.1 39.2 Bulgaria 57.4 9.0 13.0 0.0 25.0 1.9 1.9 0.0 0.0 0.5 0.2 6.1 Burkina Faso 269.2 9.0 14.9 100.0 41.0 37.6 0.5 7.2 0.8 22.8 2.4 33.1 Burundi 67.8 2.0 1.0 13.0 13.8 3.3 2.6 4.3 4.9 0.4 5.8 16.6 Cambodia 252.6 28.0 71.3 52.1 14.2 8.4 12.3 2.1 16.0 0.9 5.8 41.4 Cameroon 279.6 1.0 7.1 176.0 56.4 12.0 4.0 17.0 0.0 0.0 0.5 5.7 Canada Central African Republic 121.0 2.0 306 66.6 10.6 0.9 0.1 0.6 0.6 7.3 0.3 1.5 Chad 121.8 2.0 0.3 73.5 25.6 2.2 0.2 0.6 0.3 0.2 0.2 16.8 Chile 182.7 -3.0 52.9 43.5 43.0 8.3 3.0 1.5 5.3 0.4 1.3 26.6 China 1,671.1 0.0 861.7 97.2 461.1 2.7 57.1 38.4 17.7 20.9 9.1 105.1 Hong Kong, China 10.1 0.0 5.9 2.1 1.6 0.1 0.1 0.0 0.3 0.0 0.0 0.2 Colombia 159.8 17.0 36.6 16.5 32.2 8.5 3.3 3.3 3.5 2.0 2.4 34.5 Congo, Dem. Rep. 106.3 0.0 4.5 14.9 34.4 4.7 1.9 3.0 4.5 0.0 6.3 32.3 Congo, Rep. 394.6 10.0 0.2 211.4 6.7 2.3 1.5 6.8 0.6 0.0 0 0 155.0 Costa Rica -12.5 -44.0 -.17.5 5.1 2.2 16.0 3.4 2.3 3.1 1.0 0.7 15.0 Cote dIlvoire 449.2 14.0 58.1 300.3 34.0 0.4 10.1 20.2 0.4 0.0 2.1 9.6 Croatia 126.5 10.0 0.1 2.3 92.5 0.9 0.4 0.0 3.4 0.0 5.5 11.4 Cuba 26.9 0.0 1.0 2.1 2.1 0.8 0.4 1.6 I.- 0.0 1.7 16.0 Czech Republic 64.0 7.0 1.9 0.0 32.0 0.0 5.6 1.3 0.2 2.0 0.4 13.7 Denmnark Dominican Republic 57 .3 3.0 20.0 3.9 7.0 2.5 0.0 0.3 0.7 0.2 0.5 19. Ecuador 207.1 12.0 47.5 11.4 27.1 11.9 2.7 1.8 2.5 0.6 1.6 87.9 Egypt, Arab Rep. 1,933.3 725.0 201.3 301.2 442.4 17.1 8.1 114.0 11.8 32.7 4.7 74.9 El Salvador 229.3 74.0 70.4 4.1 37.3 8.0 0.3 4.3 7.3 1.8 3.3 18.6 Eritrea 124.8 15.0 2.0 4.1 22.3 11.9 2.8 3.6 2.1 4.4 13.4 43.3 Estonia .37.8 -1.0 0.2 0.0 9.4 0.0 4.4 1.2 9.3 2.3 2.6 7.3 Ethiopia 445.4 560.0 50.2 10.8 81.4 60.2 19.7 13.8 39.3 4.5 21.4 88.1 Finland France Gabon 113.4 2.0 0.2 102.4 2.4 0.1 0.0 3.6 0.0 0.0 0.0 2.6 Gambia, The 17.2 4.0 0.1 0.9 4.0 2.1 3.3 0.3 1.2 0.3 0.3 0.8 Georgia 112.3 55.0 0.2 2.6 33.6 9.0 2.8 0.0 1.4 0.0 1.1 6.6 Germany Ghana 348.9 30.0 110.0 15.9 37.1 22.7 33.6 21.0 3.9 42.3 1.6 30.9 Greece Guatemala 141.2 -1.0 44.6 2.1 29.3 12.3 0.7 2.5 8.2 2.0 15.1 25.4 Guinea 134.7 24.0 18.3 52.8 17.6 0.3 0.7 9.1 0.3 3.8 3.0 4.7 Guinea-Bissau 124.8 6.0 10.9 11.3 2.6 6.7 0.0 0.4 6.3 1.A 0.0 79.1 Haiti 150.1 67.0 7.2 29.6 4.8 3.9 0.0 24.4 0.2 0.0 1.1 11.9 Honduras 155.2 27.0 ~~~~~~~~~63.8 1.4 155 10.6 16 4.5 1.7 1.0 1.2 27.0 346 1998 World Development ndicators 6.12 Total Ten major DAC donors Others United United $ millions, 1.996 States Japan France Germany Netherlands Kinigdom Canada Sweden Denmark Norway Hungary 88.4 -10.0 ..'17.5 0.0 39.8 0.0 1.3 2.6 0.1 0.8 08.8... 15.7 India .1,025.1 6.0 579.3 14.8 51.2 58.5 154.3 .29.4 51.4 376..6 13.4. 29.2 Indonesia 1,062.6 -570.0 965.5 28.4 -106.0O -625.5 46.1 18.0. 1.1 0.8 13.7 .214.5 Iran, Islamic Rep. 141.3 -10 5. 25 7. . . . 8.3 0.0 10 1. Iraq 2842.2 108:.0. 0.0 2..6 ..91.5 19.3 11.5 -1.5 344 0.0 . 11.4 Ireland Israel 2,216.6 2,253.0 .1.6 '10.7 _-57.3 ..6:6 0.0. 0.0_ _0.6 0.0 00~O 1.4 Italy Jamaica 4.0 -7.0_ _12.4 -0.2 -9.6 .5.6 - .7 . 3.7 ..0.2 0.0 0.3 5 3 Japan . . . ... .. .. .I. .. .. .. . Jordan 3243.3. 45.0. 123.7 19.4 67..5 6.3 ~ 7.7 6.1. 1.7 0.0 01 1.. 46.9 Kazakhstan 93.5 63.0 9.0 1.7 13.3..... 02.2 3.9 1.2 0.6 0.2 0:0 0.5 Kenya 3457.7 11.0 92.8 17.0 53.5. 39.9 43.8 5.6.. 23.3 20.0 2 77. 36.2 Korea, Oem. Rep. 9.1 0.0. .. 0:0.0..... 0.0 0.9 0.5 0.5 0.1 1.3 0.0 2 0. 3:8 Korea, Rep. -149.2 -54.0 -127.9 10.1 .16.0 02.2. 0~.0 0.7 0.2 0.0 070 5.7 Kuwait 0......4 .0.0 0.1 0.0 0.1 0.0 0..0. 99... 0.0 0.0 0.0 0 .0... 04.1 Kyrgyz Republic .. 99.4 280.0 ..44.3 0.3. 10.5 8.7 0.9 0.0 0.0 3.0 0.2 3:6.6.. Lao POR 147.5 3.0 57.4 16.4 22.9 3.2 0.9 1.0 17.7 0.0 4.2.... 20.8 Latvia 47.9 .4.0 02.2 ... 0.0.... 12.0. 0.0 7..9 1.2 11.4 4.0 28.8 -45.5 Lebanon 87.1 6.0 0.6 41.3 7.7. 1.0 ~ 0.8 3..2 .... .2 8 00 .. 3.7. 20.1 Lesotho .. .493.3 .3.0 7.9 2.9 12.3 05.5..... 8.0 0.3 2.6 0.7 0.5 10.7 Libya -2.1 0.0 0.1 0.4 1.1. 0.0 0.0 0.0. 0:2 .. .0.0 0.0 0.3 Lithuani'a 55.7 .140.0 .03.3 0.0 -11.5 00.0 1..3 1..2 1,7.4 6.4 2.2 1.7" Macedonia, FYR 263.3 .5.0 6.1 1.4 8.2 0.5. 1..2 0.0O' 0.5 00.0 0.0. 3.4 Madagascar 229.8 _33.0 50.1 101.8 16.3, 4.0_ 1.0 0'.7 0:1_ 0:0 7.8 15.1 Malawvi 263.9_ 32.0_ 64.0 2.5 31.7 10.2 .83.6 8.0 8.1 15.2 4.5 ..4.2 Malaysia -453.1 0.0 -482.5 3.5 7.5 2.3 -4.0 3.4 0.7 8.4 0.1 7.4 Mali 297.5 5.0 38.1 82.3 65.7 42.8 13.9 1-4.3. 0.8 4.6 9.9 20.2 Mauritania .... ..... 98.8. .2.0 29.8 45.2 12.3 0.2 0.5 1.3 0.3 1.0 0.4 5.8 Mauritius -1.1 ....-.1-0.0 . 48.8. 7.3 -18.1 0.2 0.8 0.5 0.0 0.0 0.0 4.3 Mexico 274.3 26.0. 212.8. 6.5 12.4. 4.0 5.7 3.5 0.3 0.8 0.4 .. 2.0 Moldova .. 24.3 .13.0 0.0 0..0...O.O.... 3..2 4.0. 1.3 0.0. 0.0 0.5 0.0 2.4 Mongolia .136.2 60.0 103.8 0.4 11.8 -1.2 0.5 0.0 0 3 .... 3:5 3.0 5 8 Morocco 3914.4 -3.0 46.4 290.7 .-0.9 02.2 0.5. 5.0 0.7 -1.2 0.1 53.0 Mozambique ... . . 5519.9 45.0 30.1 20.7 41.3 45.7 35.4 -13.4.. 61.3 46.8 .. 518.8 160.6 Myanmar ......... 45.3 .0.0 35.2 2.1 1.5 1.8. 0.4 0.2 03 2 1.2 ....2.3 Namibia 136.4. .90.0 4.7 .. 3.8 43.1 50 9.6 0. 16.8. 6.6 16.6 20.8 Nepal 236.3 15.0 88.8 2.0 25.7 11.4 2S3.3 5'.4 1.5 ....23.0 11.2 29.0 Netherlands New Zealand Nicaragua..... 764.0 30.0 70.5. 10.2~ 403.0 38.1 1.5 12.9 49.4 336.6. 24.0 .90.8 Niger 163.2 12O.0 4.8 86.8 18.3 9.3 0.7 2.8 0~.0.. .1.8 0.6 26.1 Nigeria 47.3 5.0 -2.1 6.1 14.5 1.8 11.5 11.3 1.0 1.9 1 .5. ..4.9 Norway Oman 15.7 4.0 9.9 0.6 0.9 0.0 0...1.. ... 0.0 0.0 0-1 0 . ..P0- 00... ~ Pakistan 338.6 -101.0 282.2 5.4 .15.8 .15.9 61.4 9.7 7.9 3.2 6.8 31.4 Panama 47.9 -5.0 37.7 0.4 4..6 0:.5 0.8 0.5 0.0 0.0 00 .. .84 Papua New Guinea 352.9 1.0 96.2 0.5 1.5 14.4 0.0 0.0 .. 03 0.0 0.0_252.0 Paraguay 62.6 2.0 41.2 0.2 9.8 0.8 0.0 0.3 0.8 -0.5 0.7 7.4 Peru 277.7 5.1.0 56.4 11.6 42.4 315.5 4.2 181.7 3:9. 1.9 2.3 53.9 Philippines 7483.3 46.0 414.5 27.4 106.6. -228.8 10.0 16.4 15.9 5 2 2.2 81.4 Poland 542.6 33 .0 89.2 0.0 96.9 0.4 0.8 133.7 5.4 13.1 3.0 167.3 Portugal Puerto Rico Romania 94.9 200.0 6.2 0.0 28.7 5.9 20.6 2.4 02.2....:l .... 0.5 0.6 9.. 9 Russian Federation 1,031.3 416.0 5.4 0.0 474.9 1.0 9.2 13.5 19.0 13.8 29.2 49.2 1998 World Development Indicators 347 6.12 Total Ten major DAC donors Others United United $ millions, ±996 States Japan France Germany Netherlands Kingdom Canada Sweden Denmark Norway Rwanda 251.9 .10.0, 0.6 10.3 45.6 41.1 19.3 20.4 5.4 0.4 24.5 74.3 Saudi Arabia 12.6 0.0 9.9 2.1 0.6 0.0 0.0 0.0 0.0 0.0 0.0 0.1 Senegal 392.0 43.0 58.0 177.6 35.8 9.7 1.2 16.0 1.8 2.4 14.0 32.6 Sierra Leone 67.0 11.0 -0.1 3.4 10.6 4.9 17.5 0.5 2.2 0.3 2.6 14.1 Singapore 11.9 0.0 8.5 0.0 2.5 0.1 0.0 0.6 0.0 0.0 0.0 0.1 Slovak Republic 83.8 9.0 1.2 0.0 12.9 0.0 51.9 0.9 0.1 1.1 0.4 6.4 Sloveni'a 32.3 2.0 1.1 0.7 21.8 0.2 1.5 0.0 0.1 0.0 0.0 4.9 South Africa 311.9 73.0 7.3 13.4 .29.3 37.6 30.9 11.0 33.2 30.0 13.7 32.5 Spain Sri Lanka 279.3 4.0 173.9 -1.6 15.8 13.1 12.1 4.0 12.5 -0.8 31.7 14.4 Sudan 118.1 10.0 18.6 .5.0 19.4 22.1 9.6 3.2 2.2 1.5 10.7 15.6 Sweden Switzerland Syrian Arab Republic 70.2 0.0 34.9 13.1 19.0 0.2 0.1 0.0 2.0 0.0 0.1 0.9 Tajikistan 44.5 21.0 0.3 0.0 5.4 3.8 7.9 0.0 0.8 0.0 1.0 4.4 Tanzania 605.4 13.0 105.7 3.5 58.7 74.9 67.3 9.2 65.2 91.2 54.4 62.4 Thailand 803.1 3.0 664.0 10.4 23.2 6.4 1.9 10.7 19.0 19.0 3.7 41.6 Togo 97.2 2.0 26.7 36.0 20.1 0.7 1.0 0.5 1.5 2.8 0.0 6.0 Trinidad and Tobago -1.2 0.0 1.8 .0.9 .-4.9 0.2 0.5 0.3 0.0 0.0 0.0 0.2 Tunisia 41.5 -21.0 -3.4 58.8 -19.2 3.1 0.2 2.3 1.2 -0.2 0.0 19.8 Turkey 50.6 -75.0 2.7 31.5 82.8 -1.4 2.2 4.6 4.2 -0.4 0.2 -0.9 Turkmenistan ....-13.6 .12.0 0.7. 0.3 0.3 0.0 0.3 0.0 0.0 0.0 0.0 0.1 Uganda. 369.9 290.0 26.9 12.8 40.4 32.6 69.4 1.7 32.7 68.0 21.2 35.3 Ukraine 353 .2 256.0 0.5 0.0 67.6 0.0 4.9 13.6 2.7 1.5 0.3 6.0 United Arab Emirates 6.0 0.0 3.3 0.0 2.2 0.0 0.4 0.0 0.0 0.0 0.0 0.0 United Ktingdom United States Uruguay 29.4 1. 44 43 88 1. 0.3 1.2 1.6 0.0 0.1 6.0 Uzbekistan 64.2 6.0 25.3 1.8 29.8 0.1 1.0 0.0 0.0 0.0 0.0 0.2 Venezuela 26.0 0.0 6.4 4.6 4.5 0.3. 0.3 0.9 0.0 0.0 0.0 9.0 Vietnam 469.7 0:.0 120.9 67.3 52.8 29.7 8.4 9.1 46.2 34.6 4.2 96.6 West Bank and Gaza 262 .2 27.0 7.5 96.6 24.6 58.8 5.4 3.7 27.6 3.6 50.4 44.1 Yemen, Rep. 133.3 3.0 25.8 11.8 43.1 42.4 3.4 0.4 0.7 -0.5 0.1 3.0 Yugoslavia, FR (Serb./Mont.)a 69.4 0.0 0.1. 3.2 41.6 0.0 0.0 0.0 13.0 0.0 2.3 9.3 Zambia 354.1 18.0 42.3 1.7 79.7 26.6 60.7 9.5 31.1 25.8 30.6 28.2 Zimbabwe 280.8 17.0 46.7 6.3 30.5 32.4 25.2 9.4 35.9 20.5 19.5 37.5 Low income 18,865 1,025 4,449 2,558 2,741 1,440 1,343 693 915 816 679 2,432 Exci. China a..& Indiaia ...............13,097 957 ....... 95 2,369.... 2,010..9.....1.2.921 1,001.... 80892. 359.....I"O50-1........ 80. 5425.64j62 54 9144 Low-e-r ..m id"d'lei'n"co"m..e.... 11,497 2,1063 3',2"9..7......1",271I ..... 1',9"3"5 ......3..19 201 . 2 3 . 237.22 133. 1,611- Low& iddle income 29,272 3,249 7,138 3,740 4,796 1,460 1.328 869 1 021.803 . 26~ '4,141 Lain America & Carib. 565 1,917 986 22 6089. 13 1369.731. MideEsr .Arc ,6 4 2 1.01 7604 92. I e.. 'a~t,-,ra ,~l,.-,~r'ca .......... ( ........... 13K L . ........33 ........ 6 ... t3 3 .. .. .. ..4 Nihincome 3,065 2,205 -91 822 -33 144 . . I . . . 00 13 Nete: World and regional totals include aid to eco,omies,not specified elsewhnre. World totals include aid not allocated by country or region. a. Includes net flows to states of the forMer Yugoslavia: Bosnia and Herzegovina, Croatia. Macedonia FYR, and Slovenia. 348 1998 World Development Ind cators 6.12 The data in the table show net bilateral aid to low- ___ _ * Net aid comprises net bilateral ODA to part I recip- and middle-income economies from members of the ients and net bilateral official aid to part 11 recipients Development Assistance Committee (DAC) of the Aid patterns reflect geopolitical (see About the data for table 6.9). * Other DAC Organisation for Economic Co-operation and interests and historical relationships donors are Australia, Austria, Belgium, Denmark, Development (OECD). The DAC compilation includes United States Er!,r Finland, Ireland, Luxembourg, New Zealand, aid to some countries and territories not shown in the c , Portugal, Spain, and Switzerland. table and small quantities to unspecified economies -- - r , i a r.e that are recorded only at the regional or global level. Data sources Aid to countries and territories not shown in the table has been assigned to regional totals based on the Data on aid are compiled by World Bank's regional classification system. Aid to DAC and published in its Japan unspecified economies has been included in regional r ; - annual statistical report, totals, but not in totals for income groups. Aid not I.. £ -. ' Geographical Distribution of allocated by country or region-including administra- - Financial Flows to Aid tive costs, research into development issues, and aid ,i,, 7U Recipients, and in the DAC to nongovernmental organizations-is included in the chairman's report, Develop- world total; thus regional and income group totals do ment Co-operation. The not add up to the world total. France c,; OECD also makes its data available on diskette, mag- Because these data are based on donor country -t. F' .1 .r .:. netic tape, and the Internet. reports of bilateral programs, they cannot be recon- -- ciled with recipient country reports. Nor do they '.r-r reflect the full extent of aid flows from the reporting donor countries or to recipient countries. A full accounting would include donor country contributions Germany to multilateral institutions and the flow of resourcess r. from multilateral institutions to recipient countries as well as flows from countries that are not members of . r. DAC. In addition, the expenditures countries report as official development assistance (ODA) have changed. For example, some DAC members providing aid to refugees within their own borders have Netherlands ;r reported these expenditures as ODA. H 5rg,i ioe r. Some of the aid recipients shown in the table are 8 ,],F themselves significant donors. See table 6.9a for a :A e summary of ODA from non-DAC countries. United Kilngaom _ d i r- .i i Source :-E:! These figures show the oatArbution of aid from the lop six aid donors In 1996. The United States Is djr"sual because a large share of Its aid budget goes to a hign Income-country. Israel. 1998 World Development Indicators 349 Net financial flows from multilateral 6.13 institutions International financial institutions United Nations Total Regional development World Bark IMF banks Others Concess- Non- Concess- Non- S millions, 1996 IDA IBRD ional concessionai ional concessional WFP UNDP U.NFPA UNICEF Others Albania 32.3 0.0 0.0 -8.3 0.0 4.7 3.6 0.0 2.2 0.4 2.0 2.4 39.2 Algeria 0.0 34.3 0.0 607.5 0.0 72.2 279.9 6.4 0.5 1.4 1.1 8.0 1,011.4 Angola 37.8 0.0 0. 0.0 0.0 0.0 0.0 66.6 4.8 1.2 15.9 28.8 155.1 Argentina 0.0 794.8 0.0 365.3 -1.9 312.1 0.0 0.0 144.6 0.2 2.5 7.7 1,625.4 Armenia 87.0 5.4 49.0 0.0 0.0 29.2 -8.8 3.4 0.5 0.5 1.9 7.4 175.5 Australia Austria Azerbaijan 35.8 0.0 0.0 78.1 0 .0 5.7 2.0 4.3 1.0 0.4 2.7 6.0 136.0 Bangladesh 2,29.1 -4.5 -85.3 0.0 259.4 2.9 66.2 27.6 10.5 8.0 24.5 15.2 553.9 Belarus 0.0 13.9 0.0 0.0 0.0 28.7 0.0 0.0 0.7 0.0 0.2 0.8 44.3 Belgium Benin 37.4 0.0 17.9 0.0 2.3.2 -0.1 4.9 ~3.6 6.7 0.9 2.4 4.3 101.2 Bolivia 96.9 -25.4 17.3 0.0 64.8 -9.1 18.5 4.0 16.2 1.9 9.9 5.3 200.3 Bosnia and Herzegovina 109.6 -25.1 0.0 -2.1 0.0 0.0 0.0 0.0 5.7 0.4 11.5 8.5 108.8 Botswana -0.5 -20.9 0.0 0.0 -0.8 -4.4 3.6 3.C 3.7 0.7 0.9 1.4 -13.2 Brazil 0.0 278.2 0.0 -70.0 -0.5 490.5 0.0 0.1 123.3 1.8 21.9 21.4 866.8 Bulgaria 0.0 39.9 0.0 -108.7 0 .0 0.0 40.7 0.C 1.0 0.0 0.0 3.2 -23.9 Burkina Faso 46.0 0.0 8.7 0.0 14,6 -1.7 6.4 6.6 8.0 2.4 4.7 3.1 98.7 Burundi 13.9 0.0 -8.7 0.0 14.5 -4.3 -1.4 10.3 4.9 1.3 7.2 83.5 121.3 Cambodia 45.6 0.0 . . 31,1 0.0 4.8 13.7 37.5 2.3 8.8 7.8 151.5 Cameroon 79.6 -75.8 0.0 22.8 -0.2 -25.2 -18.2 1.6 1.0 1.3 1.9 3.4 -7.9 Canada Central African Republic 21.5 0.0 -6.2 0.0 0.0 0.0 0.8 0.1 3.3 1.0 1.4 5.9 27.8 Chad 66.6 0.0 17.8 0.0 23.5 0.0 0.8 13.8 5.7 1.3 3.6 1.2 134.3 Chile -0.7 -187.8 .0.0 0.0 -1.3 -403.0 0.0 0.0 7.8 0.4 0.8 2.9 -580.9 China 790.7 943.0 0.0 0.0 0.0 612.0 -4.1 22.4 28.7 0.0 18.3 14.1 2,425.1 Hong Kong, China. Colombi'a -0.7 -198.2 0.0 0.0 -12.0 14.2 11.0 1.9 63.4 0.6 5.0 3.1 -111.7 Congo, Dem. Rep. 0.0 0 .0 -35 -2.9 0.0 0.0 9.0 3.6 9.4 0.6 10.2 6.9 -5.7 Congo, Rep. 0.8 -14.2 .20.2 0.0 -0.3 -7.3 -6.9 0.0 0.4 1.1 1.2 1.7 -3.4 Costa Rica -0.2 -31.7 0.0 -23.0 -11.2 23.5 37.7 0.9 2.8 0.3 1.1 5.4 5.6 CMe dI,voire 234.8 -159.5 138.3 -47.6 16.0 -22.9 -51.4 6.0 1.2 1.5 2.4 13.0 131.9 Croatia 0.0 88.9 0.0 -4.5 0.0 10.6 -46.8 0.0 1.2 0. 1 3.5 0.4 53.6 Cuba 10.3 1.5 1.8 3.0 2.3 18.9 Czech Republic 0.0 32.2 0.0 0.0 0.0 -21.0 17.2 0.0 0.5 0.0 0.0 1.6 30.8 Denmark Dominican Republic -0.7 -18.8 0.0 -59.5 16.8 26.5 7.2 3.2 5.8 1.2 1.1 1.8 -15.5 Ecuador -1.1 -29.8 0.0 -23.0 13.8 47.3 42.8 3.0 18.3 1.0 4.7 4.2 81.3 Egypt, Arab Rep. 67.4 -151.8 0.0 -85.1 1.6 25.8 95.1 1.8 12.6 2.6 5.3 16.1 -8.8 El Salvador -0.7 -1.1 0.0 0.0 24.3 199.3 19.2 4.6 18.0 0.6 3.5 2.8 270.6 Eritree 1.5 0.0 0.0 0.0 0.0 0.0 2.3 0.0 8.7 1.1 8.7 3.1 25.3 Estonia 0.0 16.5 0.0 -11.1 0.0 26.6 5.7 0.0 1.1 0.0 0.0 0.3 39.0 Ethiopia 127.5 0.0 21.4 0.0 75.8 31.0 -4.6 46.4 39.6 3.1 18.0 16.8 374.9 Finland France Gabon 0.0 -10.5 0.0 26.6 0.3 26.9 0.7 0.0 0.8 0.5 0.8 1.1 47.2 Gambia, The 9.1 0.0 -7.4 0.0 8.8 -1.2 -0.6 0.9 3.1 0.4 1.3 2.5 16.8 Georgia 76.3 0.0 80.6 0.0 0.0 2.0 0.0 3.0 1.0 0.0 2.1 7.0 171.9 Germany Gha na 233.7 -10.0 -61.0 -24.5 17.5 -9.5 1.4 0.0 4.8 0.7 6.9 7.7 167.6 Greece Guatemala 0.0 55.9 0.0 0.0 87 -18.3 22.9 8.3 12.3 0.4 2.9 9.6 102.6 Guinea-Bissau 13.3 0.0 2.0 0.0 11.5 -1.5 0.8 4.5 3.0 0.5 1.8 1.9 37.7 Guinea 43.0 0.0 -8.4 0.0 7.1 16.0 9.8 0.8 3.4 2.4 3.1 24.2 101.5 Haiti 62.9 0.0 -2.6 0.0 28.6 0.0 -0.6 4.4 20.1 2.2 9.0 3.1 127.1 Honduras 50.0 -59.2 0.0 -37.9 111.8 -90.3 7.4 2.6 12.4 1.4 2.3 3.0 3.5 350 legS World Development Indicators 6.13 International financial institutions United Nations Total Regional development World Bank IMF banks Others Concess- Non- Concess- Non- $ millions, 1996 IDA IBRD lanai concessionai aonal cancessional WFP UNDP UNFPA UNICEF others Hungary 0.0 -419.0 0.0 -2033.3 . 17.3 -167.5 0.0 0.3 0.0 0.0 ..._4.0 -768.3 India ~~~671.9 -154.4 0.0 ... -972.5. 0.0 502.4 --4. 29.0 ..222.2.. 13.3 ... 62.7. . 12.2 182.7 Indonesia -20.4 -503.0 ..0.0 .......00.0 .22:6.6. -839.7. 508.8 .0.0 12.2 2.9 .. 13.9 8.3 -1,252.5 Iran, Islamic Rep. .0.0 110.0 0.0 070 0.0 0.0 -.... 9~5I 272 ..2.3 2.3 1.2 .20.2 128.6 Iraq 46.7 0.6 ...0-.0 . 1.0. ll 10A.1 73.4 Israel 0.0 0.0 0~ ..0 . 0.. -O..... 0.1 0.1 Jamaica 00.0 -392.2 0.0 -71.8 -4.8 ... 7,6 ....-01 07.. 0:9 0... 5 1.4 .....13.. -103:6 Ja...n Jordan -2.3 909.9 0.0 972.2 0.0 ... 00 ...146.8 5 55.. 2:4. 1..1 1.5 ....67.9 411.0 Kazakhstan 0.0 225.1 0.0 134.7 6.0 .. ... 26.3 -31.6 0.0 1.1 ...1.4 ... 2..1 0.9 366.0 Kenya 145.5 -88.5 -24.6 0.0 24.3 -7.5 -11.4 17.7 1.7 3.1 6.7 20.7 87.6 Korea, Dem. Rep. 22.4 3.8 0.8.... 3.1 .. 1.8 31.8 Korea, Rep. 0.0 2.0 0.0 0.0 1.5 3.5 Kuwait 0.0 1.7 0.0 0.0 1.0 2.7 Kyrgyz Republic 61.2 0.0 23.4 -3.9 26.7 20.8 1.9 0.0 2.5 1. 1 1.2 0.4 135.3 Lao PDR 59.0 0.0 5.5 0.0 825.5 0.0 ... 44.5 45.5 11.5 1.1 3.8... 2.4 214.8 Latvia.... ... 0.0 .. 24.3 00.0 .. -255.5 0.0 7.8 0.0. 0.0 .. 1.3 0.0 0.0 .... 0.2 8.1 Lebanon.... 0.0 27.1 0.0...... 0.0 ... 0.0 0.0 111.5 1.2 6. 10 2..5 38:4.4.. 187.9 Lesotho ........ ...102.2 7.2 -34.4 0.0 4.2 ... -2A.4 . 6.1 6.8 .. 3.-7 0-.7 1-3.3 ... 1.8 36.2 Liby 0.0 1.9 0.0 0.0 6.0 7.9 Lithuania 0.0 43.8 0.0 20.6 0.0.... 44.2 ....22.2- 0.0 1:.6 0.0 0.0.... 0.7. 113.0 Macedonia, FYR .. 44.1 -12.7 0.0 .13.5 0.0 48.3 -7.6 0.0 03.3 0.0 ...14.4 2.9 . 90.1 Madagascar 68.5 -4.0 2.8 ... 0.0 -0.7 -0,5 13.5 1.6 79.9 1.8 ....4..6 3.5 99.0 Malawi 132.8 -9.3 7.3 0.0 13.7 -3.0 -2.7 8.0 11.6 3.2 7.8 3.5 172.8 Malaysia ... 0.0 -76.4 0.0. 0.0 0.0 -2-1.7 -3.8_.OO... 3.9 0.....4 .. ...0.8 .....2.3 -94.6 Mali 77.2 0.0 22.6 0.0 16.7 -09 3.5 3..9 .144.4 1..8 5.6 9.6 154:5 Mauritania 34.1 -. 080. 10.4 -4.5 -. . . . . 6.9 68.3 Mauritius ...........-0.6 -6.7 0.0 0.. . . .0 0. -3.2 1. 0A.1 0j.7 . 0..3 0.6 0.8 5.. . 5 Mexico ~~~~~~~~~~~~~~~ ~~~~~~~~ ~~~~~~~~~0.0 -358.8 0.0 -2,0523.3 59 749 00 01 33 17 46 1. -1,632. Moldova 0.0 0.0 0.0 25.3 0.0 35.1 19.0 0.0 1.4 0.1 0.7 03.3 82.0 Mongolia ........... ........ 11.0..0.0 . 8.1 ..-10.0 34.1 0.0 00 00 3.2 0.9 1.4... 2.2 50.9 Morocco ~-1.4 39.1 0.0. -472.2 3.9 667.7. 40.3 0.7. 3.8 3.6 ... 23.3 4.8 116.5 Mozmbqu 20.2 00 -14.400 304 1.7 5.3 14.6 19.5 1..6.4. 14.5 307.9 Myanmar ... ....-10.8 0.. 0 00 0.0 O -11.4 -0:9.9 -4.0 0~.0 5.8 1.0 8.0... 16.4. 4 2 Namibia 0j.7. 1.8 1.9 3.6 4.2. . 12..2 Nepal .. 53.8 0.0 -7.6 0.0 578.8 0.0... 60.0 12.7 8.3 6.2 8.5 ....10.6 156.2 Netherlands New Zealand Nicaragua 67.4 -16.4 0!0 -9:3 28.7 12.5 6.4 5.5 15O 0 .. 2.0 .3..5 . 3.7 118.9 Niger 28.7 0.0 2.3 0.0 0.3 0.0 4.0 6.7 574 1 7 ....50.... 6.4 .. 60.3 Nigeria 89.2 -230.7 00.0..... 0.0 4.0 -1.8 0.0 0.0 250O 2.7 14.5 4.3.. -92.8 Norway Oman 0:.0. -4.6 0.0. 0. . . 1300 00 ..0.0 0.7 ... 0.8 28.1 Pakistan 241.3 144.4 -79.1 -86.6 350..3. -37.2 90 .6. 5.7 7.4 6.4 10.2.. .16.4...669.77 Panama 0.0 37.2 0.0 24.1 -9.5 61.2 6.9 0.1 43 5 0.3 0.9 0.9 165..6 Papua New Guinea -1.8 -9.1 0.0 2.9 3.2 -38.8 -6.8 0:.0~.. 3.0 1.0 3.6 .. 2.1 -5.6 Paraguay . . -1.4 -6.3 0.0 0.0 18.8 36.7 11.4 1.5 12.6 0.6 1.2 1.2 76.3 Peru 0.0 29.3 0.0 .........0.0 -7.2 100.0 -20.5 2.0 80.7 2.4. . 8..2 3.5 198.4 Philippines 13.1 17.7 0.0 -301.3 45.8 27.2 14.6 0.0 6.2 7 6... 7.6 6.7 -154.7 Poland 0.0 266.2 0.0 0.0 00 0 .00.0 0.0. 1.6 0.1 0.0 ......35 5. 271.4 Portuga. Puerto Rico Romania 0.0 227.5 0:.0 -356.2 0.. .0. 1739.9 48.3 00 10 O0.4. 2.4 4.6 101.8 Russian Federation 0.0 1,097.1 0.0 3,235.1 0.0 85.9 -287.3 2.8 1.6 0. 1.6 12.9 4,150.1 1998 World Development Indicators 351 6.13 International financial institutions United Nations Total Regional development World Bank IMF banks Others Concess- Non- Concess- Non- S millions, 1.996 IDA BRID ional concessional ional concessional WIT iJNDP UJNFPA UNICEF Others Rwanda 38.1 0.0 -1.3 0.0 7.6 -0.6 9.4 183.8 22.8 0.7 22.4 89.5 372.6 Saudi Arabia 0.0 4.8 0.0 0.0 11.1 15.9 Senegal .102.9 -9.8 -10.0 0.0 10.5 -5.5 -32.3 1.8 3.5 3.5 5.0 10.3 79.9 Sierra Leone 33.7T -0.5 11.4 0.0 21.1 0.0 2.8 13.8 7.6 0.5 3.2 4.3 97.9 Singapore 0.0 0.0 0.0 0.0 0.4 0.4 Slovak Republic 0.0 6.0 0.0 -124.2 0.0 14.7 21.4 0.0 0.3 0.0 0.0 2.0 -79.8 Slovei 0.-12 0.0 -2.6 0.0 38.3 29.3 0.0 0.2 0.0 0.0 2.7 48.7 South Africa 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3.5 1.1 2.3 5.3 12.1 Spain Sri Lanka 94.9 -6.4 -45.3 0. 137.4 0.0 0.3 2.5 5.6 1.7 4.4 7.4 202.5 Sudan 00 0.0 0.0 -35.6 2.4 14.9 0.0 18.7 7.7 3.1 28.5 13.1 52.7 Sweden Switzerland Syrian Arab Republic 0.0 0.0 0.0 0.0 0.0 0.0 50.8 6.6 2.4 1.5 0.8 28.2 88.4 Tajikistan 30.4 0.0 0.0 21.8 0.0 0.0 0.0 9.8 2.4 0.3 2.8 0.9 67.9 Tanzania 120.5 .-26.6 15.6 0.0_ 50.-1 -4.1 -14.4 7.0 10.4 4.0 10.8 18.0 191.4 Thailand -1.8 -58.4 0.0 0.0 -1.4 35.1 39.1 0.0 5.1 1.8 3.0 9.5 32.0 Togo 51.8 0.0 -11.2 -0.3 5.9 -2.5 -5.5 0.3 5.4 1.0 1.6 5.7 52.2 Trinidad and Tobago . 0.0 J-.1 .0.0 21 -0. 1 68.5 3.4 0.0 0.2 0.0 0.0 0.9 59.9 Tunisia -2.1 14.6 0.0 -46.6 0.0 82.4 55.5 5.4 1.5 2.4 1.0 2.8 116.8 Turkey -5.9 -325.9 0.0 0.0 0.0 0.0 -293.0 0.4 3.3 0.7 2.9 7.1 -610.4 Turkmenistan 0.0 2.5 0.0 0.0 0.0 0.5 -5. 0.0 1.2 0.1 1.4 0.3 -49.3 Uganda 118.7 0.0 13.7 0.0 27.0 0.1 6.5 14.3 19.0 2.9 13.0 25.4 237.5 Ukraine 0.0 406.0 0.0 778.2 0.0 18.6 128.7 0.0 1.5 0.0 1.8 2.4 1,335.1 United Arab Emirates 0.0 2.4 0.0 0.0 0.1 2.5 United Kingdom United States Uruguay 0.0 -31.2 0.0 -11.6 -1.7 59.1 9.4 0.0 17.7 0.3 0.7 1.5 44.2 Uzbekistan 0.0 9.0 0.0 86.0 0.0 49.2 0.0 0.0 3.1 0.6 3.4 1.3 152.6 Venezuela 0.0 -120.9 0.0 31.2 -1.3 -72.3 -5.6 0.0 6.3 0.4 2.0 2.6 -157.8 Vietnam 188.0 0.0 175.4 0.0 24.8 0.0 -0.8 12.6 11.8 4.5 12.1 4.8 433.1 West Bank and Gaza 3.1 47.1 0.7 3.0 120.1 174.0 Yemen, Rep. 86.4 0.0 0.0 122.0 0.0 0.0 20.6 9.0 7.1 3.2 3.7 8.6 260.5 Yugoslavia, FR (Serb./Mont. 0:0 9.0 . 0.0 -1.1 .0 0.0.0.9 139.81 -0.7 1 0.0 a 4.4 1 238.8~ 381.2 Zamnbia. 178.0 -47.1l 0.0 0.0 14.4 -14.5 -3.9 3.9 6.7 1.7 8.4 5.3 152.9 Zimbabwe 11.0 -7.8 0.0 -8.6 0.6 38.5 3.6 0.0 4.6 1.3 6.1 4.5 54.0 Low income 5,421 143 207 -1,014 1,676 1,063 171 642 511 113 454 607 9,993 Excluding dhina & India 3,959.......... 3, -646 207... -416 .........2 17..........76 -51.......179.57691...46079.101.6037. 580 73.. .385.. ,3-5.. M iidd 'le n"comrne .................3'0"3 ...1...3-7..4........9'7...... 1'7"39 195 1,795 ........ .. ... .9 28 . 689.5 1 7 644 7,850 'Lo"we"r mijd"d'le i'n"come 289 138 5.. UJpp e"r ..m i'dd'le i'nc"om..e... .. .3.17.7 39 86 . Low & middle income I,,:: -> :i 4 East ..A Asia. .. & ci Pacific ........... , 1,077...... --4......314 190........ -308 ...........2234.........L1162 .1... 28...'28......5..76.87.1--9..142. 27 ..1,9328 1 2 1,3 Ebu"ro"p'e. and CentrllalI.. As'i'a 471 1,702 153 3,543 .33 668 -580.163.53.7 0 365 6,682 'La' t in ..Am ..er'i'ca ..&.. C"ar'ib'bean 288 82 28 -2,001 311 1651. 193. 53.633 .24 90.111 1,488 C~~Z5irs,ar, a .......a...... -:66-i ..... -r: V 4 High incm .. .... a. Includes net flows to states of the former Yugoslavia: Bosnia and Herzegovina, Croatia. Macedonia FYR, and Slovenia. b. Includes dafa for economies not specif[ed elsewhere 352 1998 World Development Indicators 6.13 This table shows concessional and nonconcessional are revised annually. In 1997 countries with GNP per * Net financial flows are disbursements of loans and cred- financial flows from the major multilateral institutions- capita of $925 or less were eligible for IDA lending. its less repayments of principal. * IDA is the International the World Bank, the International Monetary Fund (IMF), The IMF makes concessional funds available through Development Association, the soft loan window of the regional development banks, United Nations agencies, its Enhanced Structural Adjustment Facility (ESAF), the World Bank Group. * IBRD is the International Bank for and regional groups such as the Commission of the successor to the Structural Adjustment Facility, and Reconstruction and Development,the founding and largest European Communities. Much of these data comes through the IMF Trust Fund. Low-income countries that member of the World Bank Group. * IMF is the from the World Bank's Debtor Reporting System. face protracted balance of payments problems are eli- International Monetary Fund. Nonconcessional lending is The multilateral development banks fund their non- gible for ESAF funds. the credit provided by the IMF to its members, principally concessional lending operations primarily by selling low- Regional development banks also maintain conces- to meet their balance of payments needs. Concessional interest, highly rated bonds (the World Bank, for exam- sional windows for funds. In World Development assistance is provided through the Enhanced Structural ple, has a AAA rating) backed by prudent lending and Indicators 1997 loans from these institutions were clas- Adjustment Facility. * Regional development banks financial policies and the strong financial backing of sified using DAC definitions, under which concessional include the African Development Bank (AfDB), based in their members. These funds are then onlent at slightly flows contain a grant element of at least 25 percent. (The Abidjan, Cote d'lvoire, which lends to all of Africa, including higher interest rates, and with relatively long maturities grant element of loans is evaluated assuming a nominal, North Africa; the Asian Development Bank (ADB), based in (15-20 years), to developing countries. Lending terms market interest rate of 10 percent. The grant element of Manila, Philippines, which serves countres in South Asia vary with market conditions and the policies of the a loan carrying a 10 percent interest rate is nil, and for and East Asia and the Pacific; and the Inter-American banks. a grant, which requires no repayment, it is 100 percent.) Development Bank (IDB), based in Washington, D.C., which Concessional, or soft, lending by the World Bank In some cases nonconcessional loans by these institu- is the principal development bank of the Americas. Group is carried out through the International tions may be on terms that meet DAC's definition of con- * Others is a residual category in the World Bank's Debtor Development Association (IDA), although some loans by cessional; this year's World Development Indicators Reporting System. It includes such institutions as the the International Bank for Reconstruction and records loans from the major regional development Caribbean Development Bank, European Investment Bank, Development (IBRD) are made on terms that may qual- banks-the African Development Bank (AfDB), Asian and European Development Fund. * United Nations ify as concessional under the Development Assistance Development Bank (ADB), and the Inter-American includes the World Food Programme (WFP), United Nations Committee (DAC) definition. Eligibility for IDA lending is Development Bank (IDB)-according to each institu- Development Programme (UNDP), United Nations based on estimates of average GNP per capita, which tion's classification. Population Fund (UNFPA), United Nations Children's Fund (UNICEF), and other United Nations agencies such as the United Nations High Commissioner for Refugees, United Nations Relief and Works Agency for Palestne Refugees in Maintaining flnancial flows from the World Bank to developing couflt,IGs the Near East, and United Nations Regular Program for $ billions Technical Assistance. * Concessional financial flows nRD disbursemants cover disbursements made through concessional lending facilities. * Nonconcessional financial flows cover all other disbursements. fl 13~~~~~~~~iRD Pet disbursernerms IDA disbursements Data source; Data on net financial flows IDA net disbursentns S * / \ / ( ;11 id iaj from international financial 1970 1972 1974 1976 1978 1980 1982 1984 1986 1988 1990 1992 1994 1996 D1r Vi q1 1 Iit-II institutions come from the Source: World Bank data. Fii lit] 11 1 World Bank's Debtor Reporting System. These data are pub- As the World Bank s nonconcesslonal lending porttolio matures. repa)ments of prlncipal raae begun ro balance out disbursements. The World Bank's cocAsslonal am,. the IntematIonal Development Association IIDAI. has maintained lished annually in the World a steady flow ol now funds to the worlds poorest countries. In 1996 repayments to IDA were sIigat!) ove0r 500S milllon _d Bank's Global Development While small relave to new IDA disbursements. repal,ments hase belpeo IDA sustain Its lending even as comwrlbutions Finance Data on aid from from donors have declined.Fiac.Dton idfm United Nations agencies come from the DAC chairman's report, Development Co-operation. 1998 World Development Indicators 353 6.14 Foreign labor and population in OECD countries Foreign population' Foreign labor force Inflows of foreign population % of total % of tota. ITotal Asvlumn seekers thousands popuilation labor force thousands thousands 1990 1995 1990 1995 1990 1995 1990 1995 1990 1995 Austria 456 b 724 b 5.9 9.0 .. 10.2 2.. 3~ 60 Belgium 905 910 9.1 9.0 7.5 8.10 d ie 530 13 12 Denmark 161 223 3.1 4.2 2.0 2.68 15 160 5 5 Finland 26 69 0.5 1.3 ...7 7 3 1 France 3,597 . 6.3 6.4 6.2 102 57 47 20 Germany 5,343 a 7,174 8.4 a 8.8 8.4 7.4 842 788 193 128 Ireland 80 a 96 2.3 1 2.7 2.6 3.0 . Italy 781' 991' 1.4 1.7 ..1.9 ...5 2 Japan 1,075 J 1,362.J 0.9.1 1.1. . 0.9 224 210 Luxembourg 113 138 29.4 33.4 33.4 56.2 9 10 Netherlands 692 728k1 4.6 5.0k 3.7 4.0 61 0 670 21 29 Norway 143'1 161'1 3.4'1 3.7' . 4.5 16 17 4 2 Portugal 1080 168 1.1 1.7 ..1.7 ...0 1 Spai'n 2790n 5000 0.70n 1.20. 0.6 ...9 6 Sweden 484 532 5.6 5.2 5 .6 5. 1 d 53 36 29 9 Switzerland 1,100 0 1,331 0 16.3 0 18.90 . 19.4 101 68 36 17 United Kingdom 1,723 0 2,060 h 3.2 h 3.41 3.5 3.6 52 56 385P 55P Foreign-born populationq Foreign-born Inflows of foreign population labor forcer 8of total % of tofal Toful Asiuam seekers thousands population labor force thousands thousands 1990 1995 1990 1.995 1.990 1995 1990 1-995 1990 1995 Auatralia 4,11250 . 22.71 . 25.8 24.0 121 99 4 t5 Canada 413430 . 15.60. 18.40 18.5 214 212 37 26 United States 19,767 24,5570 7.9 9.3" 9.4 9.3 1,537 721 74" 1490 a. Escept for France, I reland. Portugal. and the United Kingdom, data are from population registers. Unless otherwise noted, they refer to the populatnon on December 31sof the years indicated. b. Annual average. c. Data do not inicludc de facto refugees fromn Bosnia sod Herzegovina. d. Data refer fo 1994. e. Includes some asylum seekers f. Data are from the 1990 populatior cen- sus, g. Data refer to the Federal Republic of Germany before unification. h. Estimated from the annual labor force survey. i. Data are adjusted no takn account of fhe regularizations n 1987-88 and 1990. Data for 1995 do not include permits delivered under the 1995-96 regularization program. j. Data refer to registered foreign natosals, wihd incrude foreigners xtamirg .n Japan for more thnn 90 days. k. Provisional data. I. Includes asylumr seeke,s whose requests are being processed. m. Includes all foreigners who solo a valid residence permit. n. Data refer to foreign- ers with a residence permit. Those alth permits for fewer than sis months and students are excluded. o. Data refer to foreigners with an annual resicernce perm t or w th a settlement permit Ipermnanent permit). p. Data adjusted to irolude dependents. q. Data are from tfe latest population census. r. Data are from labor force surveys except for Canada ann toe Jrn ted States, for which data are fromn the latest population census. a. Data refer to 1991L. t. Data refer to principal applicants and do not inciude dependents, a. Data refer to 1986. v. Data are from the United States Census eureau March 1996 Popu ation Survey and refer to 1996. w. Data refer to tne fiscal year (October to September of years showri. Data do not ins urde dependents. 354 1998 World Development Indicators 6.14 : I. The data in the table are based on national defini- * Foreign population is the number of foreign or tions and data collection practices and are not fully OECD countries attracted immigrants foreign-born residents in a country. * Foreign labor comparable across countries. Japan and the from disparate sources in 1995 force as a percentage of total labor force is the European members of the Organisation for Economic Germany share of foreign or foreign-born workers in a country's Co-operation and Development (OECD) traditionally Former workforce. * Inflows of foreign population are the Yugoslavia have defined foreigners by nationality of descent. Italy gross arrivals of immigrants in the country shown. Australia, Canada, and the United States use place """, The total does not include asylum seekers, except as of birth, which is closer to the concept of the immi- noted. * Asylum seekers are those who apply for grant stock as defined by the United Nations. Few Other permission to remain in the country for humanitarian countries, however, apply just one criterion in all cir- - reasons cumstances. For this and other reasons data based Italy on the concept of foreign nationality and data based Morocco Data sources on the concept of foreign-born cannot be completely - , reconciled. ""''". International migration data Data on the size of the foreign labor force are also Other r are collected by the OECD problematic. Countries use different permit systems through information provided to gather information on immigrants. Some countries by national correspondents to issue a single permit for residence and work, while - - the Continuous Reporting others issue separate residence and work permits. Japan : System on Migration (SOPEMI) Differences in immigration laws across countries, Other China- network, which provides an particularly with respect to immigrants' access to the annual overview of trends and labor market, greatly affect the recording and mea- Korea, Rep. policies. Data appear in the OECD's Trends in surement of migration and reduce the comparability - International Migration (1996). of raw data at the international level. The data exclude temporary visitors and tourists (see table Switzerland 6.15). Former Italy United Kinrgdom Ireland A&I1 Other United States Mexico A Other Source: F' ,,. ation , r r; W~~~~~~.r).:..:r.* rrECD. A countrf* stock o0 mir gamr efiects gtD giapnical and cullwtal conneclion, nCl*een, countric,. It also 3iIected bv polrlical it'd cCD nomic disrupliorxs. such as Lhose thai have b-ougit imnmgranis rorn the formel l goslac.Ia lo Swit zerland and Italy and from Cuba io the United States. 1998 World Development Indicators 355 6.15 1Travel and tourism International tourism International tourism receipts International tourism expenditures Inbound tourists Outbound tourists 7, of % of thousands thousands $ millions exports $ m llions imports 1980 1996 1980 1996 1980 1.996 1980 1996 1980 1996 1980 1996 Albania 4 56 .. 16 .. 11 . 2.9 -. 7 . 0.6 Algeria 946 605 698 1,810 115 16 0.8 0.1 333 60 2.7 Angola .. 8 .. . . 9 .. 0.2 . 1. . Argentina 1,120 4,286 .. 3,550 345 4,572 3.5 16.9 1,791 2,340 13.6 8.4 Armenia .. . . . .. 1. 0 .3 . 2 .. 0.2 Australi 905 4,165 1,21 7 2,732 967 8,703 3.8 11.1 1,749 5,322 6.5 6.7 Austria 13.879 17,090 3,525 12,683 6,442 14,004 24.2 14.4 2,847 11,822 9.5 11.8 Azerbaijan .. 145 . .. . 15.. 20.9 .. 72 .. 5.0 Bangladesh 57 166 .. 935 15 32 1.7 0.7 16 200 0.6 2.6 Belarus .. 234 .. 703 .. 48 .. 0.8 . 97 . 1.4 Belgium 3,777 5.829 9,565 5,645 1,810 5,893 2.6 3.1 3,272 9,895 4.4 5.5 Benin 39 147 .. 415 7 29 3.1 5.3 46 1. 13 Bolivia 155 375 .. 258 40 160 3.9 12.5 52 155 6.2 8.8 Bosnia and Herzegovina Botswana 236 707 .. 460 22 178 3.4 6.8 17 149 2.1 7.2 Brazil 1,271 2,140 427 2,943 1,794 2,469 8.2 4.6 1,160 6,825 4.2 5.4 Bulgaria 1,933 2,795 759 3,006 260 450 2.8 7.4 .. 197 .. 3.4 Burkeina Faso 38 136 . .. 6 23 2.9 6.4 32 32 5.6 4.8 Burundi 34 27 .. 35 22 1 .. 2.0 17 32 .. 9.0 Cambodia .. 260 .. 3 . 118 . 14.6 .. 7 .. 0.5 Cameroon 86 101 14 .. 62 52 3.5 2.4 82 217 4.5 11.7 Canada 12.876 17,286 12,833 18,973 2.284 8,868 3.0 3.8 3.122 11,090 4.4 5.2 Central African Republic. 7. 29 . .. 3 5 1.5 2.6 18 ~ 39 5.5 17.6 Chad 7 8 .. 11 3 10 4.2 3.2 14 2 4 17.6 6.3 Chile 420 1,450 379 1,070 166 918 2.8 4.9 195 801 2.8 4.0 China 3,500 22,765 .. 5,061 617 10,200 3.6 5.9 66 4,000 0.3 2.6 Hong Kong, China 1,748 11,703 916 3,445 1,317 10,836 . . . Colombia 553 1.254 781 1,073 357 909 6.7 6.3 250 856 4.6 5.1 Congo, Dam. Rep. 23 37 . .. 22 5 1.4 0.2 38 7 1.7 Congo, Rep. 48 27 10 4 1.0 0.3 29 38 2.8 1.8 Costa Rica 345 781 133 273 87 689 7.3 17.3 62 335 3.7 8.0 C6te dIlvoire 194 237 .. 5 79 89 2.2 1.7 270 164 6.5 4.1 Croatia .. 2,649 .. . . 2,100 .. 26.2 .. 780 .. 7.7 Cuba 101 999 7 55 40 1,350 . . . Czech Republic .. 17.000 .. 48.614 . 4,075 .. 13.6 .. 2,953 .. 8.7 Denmark 950 1,794 .. 4,955 1,337 3,425 5.6 5.3 1.560 4,142 5.8 7.4 Dominican Republic 383 1,926 257 175 168 1,755 13.2 44.6 166 92 8.7 2.0 Ecuador 243 500 .. 279 91 281 3.2 4.9 228 219 7.7 4.9 Egypt, Arab Rep. 1,253 3,528 1,180 2,812 808 3,200 12.9 21.0 573 1,350 6.3 7.1 El Salvador 118 283 464 348 7 76 0.6 3.5 106 76 9.1 2.0 Eritrea . 417 . .. .. .. Estoni'a .. 600 .. 217 .. 470 .. 14.8 .. 98 .. 2.6 Ethiopia 42 107 25 133 11 46 1.9 5.9 5 26 0.6 1.6 Finland 350 894 291 4,918 677 1.601 4.0 3.3 544 2,304 3.1 6.0 France 30,100 62,406 7,930 18,151 8,235 28,357 5.4 7.8 6.027 17,753 3.9 5.4 Gabon 17 136 . .. 17 4 0.7 0.1 96 115 6.5 6.1 Gambia, The 22 77 . .. 18 22 27.2 10.0 1 17 0.6 5.8 Germany' 11,122 15,205 22,473 76,100 6,566 16,496 2.9 2.7 20,599 49,787 9.1 8.6 Ghana 40 298 . .. 1 239 0.1 13.8 27 22 2.3 0.9 Greece 4,796 8,987 1.374 1,620 1,734 3,660 21.3 24.0 190 1,400 1.7 5.5 Guatemala 466 520 178 333 183 284 10.6 10.2 183 179 9.3 5.1 Guinea .. 94 ........94 .. 0.1 .. 22 .. 2.3 Guinea-Biassa Haiti .138 150 . .. 65 81 21.3 42.3 41 32 8.5 4.1 Honduras .122 257 .. 150 27 81 2.9 4.6 31 58 2.7 3.1 356 1998 World Development Indicators 6.15 International tourism International tourism receipts International tourism expenditures Inbound tourists Outbound tourists tt of % of thousands thousands $ millions exports $ millions imports 1980 1996 1980 1996 1980 1996 1980 1996 1980 1996 1980 1996 Hungary 9,413 20,674 5,164 12,064 160 2,246 2.5 11.7 88 958 0.9 4.7 India 1,194 2,288 1,017 3,056 1,150 3,027 10.2 6.9 113 415 0.7 0.8 Indonesia 527 5,034 635 1,782 246 6,087 1.2 10.8 375 2,300 3.0 4.1 Iran, Islamic Rep. 156 465 428 1,000 54 165 0.4 0.8 1,700 579 10.6 3.8 I raq 1,222 345 443 200 170 13 Ireland 2,258 5,282 669 2,000 472 3,003 4.9 5.6 742 2,222 6.2 . . ...4.8 Israel 1,116 2,097 513 2,259 903 2,800 10.4 9.9 533 3,360 .4.6 8.7 Italy 22,087 32,853 23,994 15,991 8,213 28,673 8 4 8.9 1,907 15,488 1.7 6.0 Jamaica 395 1,162 .. . 242 1,092 17.7 33.3 12 159 0.9 4.1 Japan 844 2,114 5,224 16,695 644 4,078 0.4 0.9 4,593 37,040 2.9 8.3 Jordan 393 1,103 720 1,141 431 744 36.5 20.3 301 381 12.5 7.0 Kazakhstan .. . . . . .. . Kenya 372 717 . 295 220 474 11.0 15.7 33 142 1.2 4.1 Korea, Dem. Rep 127 . .. . .. . . Korea, Rep. 976 3,684 436 4,649 369 5,430 1.7 3.5 350 6,963 1.4 4.0 Kuwait 108 33 230 . 37 19 17 07 139 250 13.6 1. Kyrgyz Republic .. 13 42 50:9 ..7 .. 0.7 Lao PDR 93 50 19 . 1. 4.5 Latvia . 97 1,798 126.925 0.8 Lebanon . 420 . ... .... ..... .... 715 50:6 Lesotho 73 108 . 12 19 13.3 9.3 88 1.7 ......0.8 Libya 126 88 95 185 10 6 0 0. 470 215 3.7 Lithuania 832 . 2,864 . 345 8.2 270 . 5.4 Macedonia, FYR .. Madagascar 13 83 38 5 65 1.0 8.1 31 52 2.9 --5.2 Malawi 46 232.. 9 7 2.9 1.5 10 17 2.1 1.7 Malaysia 2,105 7,138 1,738 20,642 265 3,926 1.9 4.3 470 1,815 3.5 2.1 Mali ........- 27 50 ... ..... . 15 20 5.7 ....3.7 20 58 3.8 7.2 Mauritania . ................... ..... 7 11 2.8 2.0 17 20 3:8.8 ..... 3.7 Mauritius 123 487 33 120 45 466 7.8 17.3 27 163 3.9 ....I.5.9 Mexico 11,945 21,405 3,322 9,001 5,393 6,934 23.8 6.5 4,174 3,387 151.1 3.4 Moldova . 33 71 5965 . 57. 4.6 Mongolia 195 153 21 . 44 21 3.8 Morocco 1,425 2,693 578 1,212 397 1,381 12.3 14:9 98 316 1.9 2.9 Mozambique . . .. . . Myanmar 38 165. 10 9 1. 2. 3 25 4 14 Namibia. 405 265 . 16.7 85 4.5 Nepal 163 - 404 .... 23 .....70 .45 130 20.1..... 130.0 ... 26 140 ..... 7 1 8.5 Netherlands 2,784 6,580 6,749 10,261 1,668 6,256 1.8 2.8 4,664 11,370 5.1 5.6 New Zealand 465 1,529 454 920 211 2,444 3.3 12.9 534 1,382 7.7 7.4 Nicaragua . 303 . 282 22 54 4.4 6.7 ....... 60 . .... :....... 4.6 Niger 20 17 10 3 17 0.5 5.4 Is 23 1.9 4.6 Nigeria 86 822 50 48 85 0.2 0.6 780 155 3.9 1.6 Norway 1,252 2,746 246 3,085 751 2,404 2.8 3.8 1,310 4,509 5.5 9.1 Oman 60 _435 . . . 99 . 1.3 47. 0.9 Pakistan 299 369 104 . 154 146 52 1.4 90 900 1 6 5..9 Panama 392 362 113 188 167 343 4.9 46.6 .. 56 136 1.7 1.8 Papua New Guinea 40 56 . 51 12 68 1.2 2.3 18 77 1.4 3.4 Paraguay 302 425 . 418 91 236 13.0 6.0 35 229 2.7 10.0 Peru 373 .... 515 127.... 508 208 535 4.5 74.4.... 107 350 .. 2 7 3.5 Philippines 1,008 2,049 461 1,400 320 2,701 4.4 7.9 105 450 1.1 1.3 Pulaiidl 5,664 19,410 6,852 44,713 282 8,400 1.8 22.5 357 ....6,240..... 2.0 1-5.1 Portugal 2,730 9,730 . 2,358 1,147 4.265 17.2 12.8 290 2,353 2.9 5.6 Puerto Rico 1,639 3,065 2,758 1,237 619 1,898 ... 400 895 Romania .. 136 1,711 5,737 . 20 ...... 0.2 . 26 ..... . 0.2 Russian Federation . 14,587 . 21,331 . 5,542 . 5.4 . 10.597 12.3 1998 World Development Indicators 357 6.15 International tourism International tourism receipts International tourism expenditures Inbound tourists Outbound tourists %k of 4~ of thousands thousands $rmillions exports $ millions imports 1980 1996 1.980 1996 1980 1996 1.980 1996 1980 1996 1980 1-996 Rwanda 30 1 . ..4 1 2.4 1.2 II 17 3.4 4.7 Saudi Arabia 2.475 3,458 . .. 1,344 1,308 1.3 2.2 2,453 .. 4.4 Senegal 186 263 68 147 8.4 9.3 45 77 3.7 4.1 Sierra Leone 46 46 . .. 10 10 3.6 9.0 8 2 1.7 1.4 Singapore 2,562 6,608 .. 3,305 1,433 7,916 5.9 5.1 322 6,104 1.3 4.3 Slovak Republic .. 951 . 318 6. 73 . 6.2 .. 483 .. 3.7 Slovenia .. 832 .. . . 1,210 .. 11.5 .. 452 .. 4.2 South Africa 700 4,944 572 2,775 652 1,995 2.3 6.0 756 2,100 3.4 6.4 Spain 22,388 41,295 18.022 12,644 6,968 27,414 21.7 18.7 1,229 4,921 3.2 3.5 Sri Lanka 322 302 138 494 111 168 8.6 3.5 34 176 1.5 2.9 Sudan 25 65 . . 52 7 6.4 1.0 74 45 4.1 3.1 Sweden 1,366 2,376 2,941 6,582 962 3,683 2.5 3.6 1,235 6,285 3.1 7.4 Switzerland 8,873 10,600 4,451 10,660 3,149 8,891 6.5 7.3 2,357 7,479 4.5 6.9 Syrian Arab Republic 1,239 686 1.189 2,485 156 1,478 6.3 24.1 177 405 3.9 6.7 Tajikistan . . . .. .. .. Tanzania 84 310 .. 148 20 322 3.0 23.6 20 504 1.6 23.1 Thailand 1,659 7,192 497 1,845 867 8,664 10.9 12.1 244 4,171 2.4 5.0 Togo 92 56 . . 13 8 2.4 1.6 22 26 3.2 5.2 Trinidad and Tobago 199 282 206 261 151 74 4.8 2.6 140 82 5.8 3.7 Tunisia 1,602 3,685 478 1,778 601 1.436 18.4 17.6 55 268 1.5 3.1 Turkey 921 7,966 1,795 4,261 327 5.962 9.0 13.1 115 1,265 1.4 2.6 Turkmenistan . . . .. . . . . Uganda 36 205 . ..5 100 1.5 13.8 18 110 4.1 6.9 Ukraine .. 814 . 202 .. 1.0 . 250 .. 1.2 United Arab Emirates 300 1,7668. . . . . United Kingdom 12,420 25,293 15,507 41,873 6,932 19.296 4.7 5.7 6,893 25,445 5.1 7.3 United States 22,500 46,325 22,721 50.763 10,058 64.373 3.7 7.6 10.385 52,563 3.6 5.5 Uruguay .1,067 2,152 640 .. 298 599 19.5 15.8 203 164 9.5 4.1 Uzbeki'stan . . . .. .. .. Venezuela 215 759 747 534 243 846 1.2 3.3 1.880 1,900 12.4 12.8 Vietnam .. 1,607 .. 87 .. 0.9 West Bank and Gaza . .. . . . . Yemen, Rep. 39 74 24 42 .. 1.7 53 77 .. 2.5 Yugoslavia. FR (Serb./Mont.) .. 162 .. 43 Zambia 87 264 . .. 20 60 1.2 4.6 57 59 3.2 Zimbabwe 243 1,743 326 256 38 219 2.4 7.1 140 117 8.1 3.8 Low income 8,179 36,429 1,624 7,142 3.055 16,722 3.5 5.4 2.187 8,436 2.7 2.7 So-d... Chinaa .. ..& India.... ... 3,485... 3, 11,376.....1 . 7 2,081 1.......6.288 3,4951 2.2...... 1, 3.7 88 2......0744.. 4,021 3.3.7 ,04 ,014.44. Mideincome 5,2 186,536 33,393 144,683 1938 6,0 4. 68 2,99 556 58 62 Lower midl icm1930 6,112186 23,955 6.1 9865 5. . .3 836 55 6.0d Low&middleincome 67,500 222,96~~~~~~5 35,017 151,825 2,4 113,122 4.5 8.0 2.46 803 5.2 5. East Asia & Pacific 9.570 47.~~~~~~206 3,339 6,'973 2,480 32,450 5.1 7.3 1,234 12,980 2.4 3.4 Europe &e Centrall Asias ia ...........18,66466 91,040. 9 15,522.0... 15 118,7548,7 1,358....... 1, 32,820 4.0 10.22.. 603 25,026 1.. 7.6...... 60- ... 2"', 26'7 Latin America & Carib. 22,766 47,155 9,907 14,747 11,262 27,993 9.2 8.1 11,338 19,466 8.7 4.9 So~Uthk As ia .......... 2,086 3,877 1,259 1,'461 1,485 3,774 8.5 5.8 283 1,865 1.0 2.2 Sub-..Saharan Africa 3.328 1...........3.94328 ..... 370 .. 3,725....3- .. 1,598 5,182......I .. 1.9 5.4..... , 2,705 ... 4,827..... 5. 27 3.7... .. 5.4~J5. Hihincome 193,391 364,383 123,635 184,093 78,573 308,661 4.6 5.9 79,580 311,221 4.7 6.5 a. Data prior to 1990 refer to the Federal Republic of Germany before unificatiorn. 358 1998 World Dese[opment Indicators 6.15 The data in the table are from the World Tourism Data on international inbound and outbound * International inbound tourists are the number of Organization's Yearbook of Tourism Statistics. They tourists refer to the number of arrivals and departures visitors who travel to a country other than that where are obtained primarily from a questionnaire sent to of visitors within the reference period, not to the num- they have their usual residence for a period not government offices, supplemented with data pub- ber of people traveling. Thus a person who makes sev- exceeding 12 months and whose main purpose in vis- lished by official sources. Although the World Tourism eral trips to a country during a given period is counted iting is other than an activity remunerated from within Organization tries to ensure the international com- eachtimeasanewarrival.Regionalandincomegroup the country visited. * International outbound parability of national data and definitions, this is a aggregates are based on the World Bank's classifica- tourists are the number of departures that people relatively new area of statistical activity, and much tion of countries and differ from what is shown in the make from their country of usual residence to any work remains to be done. Yearbook of Tourism Statistics. other country for any purpose other than a remuner- ated activity in the country visited. * International tourism receipts are expenditures by international inbound visitors, including payments to national car- Large, wealthy economies generated the most tourists In 1996 riers for international transport. These receipts Inbound tourists per capita should include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except in cases where these are so important as to X . justify a separate classification. Their share in exports is calculated as a ratio to exports of goods and services. * International tourism expenditures are expenditures of international outbound visitors in other countries, including payments to foreign carri- ,. . .. : ; ;^ x . .: : - .... . * ;. ,- -. ers for international transport. These may include ! .. ,. - ' ;: ' .' ; .. ' - ; ; ; expenditures by residents traveling abroad as same- .:. <,: gday visitors, except in cases where these are so important as tojustify a separate classification. Their share in imports is calculated as a ratio to imports Czechs were the world's most active travelers In 1996 of goods and services. Outbound tourists per capita Data sources The visitor and expenditure data come from the World Tour'ism Organization's Year- book of Tourism Statistics. Export and import data are IIIIIIIIIJiiiiiiiiii - -. - ...,\ ~~~~~~~~~~~~~~~~~from the international , 'i _ Monetary Fund's Inter- , national Financial Statistics */' , ! ~ _; ,. and World Bank staff estimates. Source: World Tourism Organization and World Bank staff estimates. 199s World Development Indicators 359 Statistical methods This section describes some of the statistical procedures used in prepar- more than one-third of the value of weights in the benchmark year. In a ing the World Development Indicators. It covers the methods employed few cases the aggregate ratio may be computed as the ratio of group for calculating regional and income group aggregates and for calculating totals after imputing values for missing data according to the above rules growth rates, and it describes the World Bank's Atlas method for deriv- for computing totals. ing the conversion factor used to estimate GNP and GNP per capita in Aggregate growth rates are also generally calculated as a weighted U.S. dollars. Other statistical procedures and calculations are described average (and indicated by a w) of growth rates. In a few cases growth in the About the data sections that follow each table. rates may be computed from time series of group totals. Growth rates are not calculated if more than one-third of the observations in a period Aggregation rules are missing. For further discussion on methods of computing growth Aggregates based on the World Bank's regional and income classifica- rates, see below, tion of economies appear at the end of most tables. The World Bank's Aggregates noted with an m are medians of the values shown in the regional and income clossifications arc shown on the front and back table. No value is shown if more than one-third of the observations are cover end flaps of the book. Specialized classifications, such as high- missing. income OECD countries, are documented in About the data of the tables Exceptions to the rules occur throughout the book. Depending on the in which they appear. judgment of World Bank analysts, the aggregates may be based on as Because of missing data, aggregations for groups of economies little as 50 percent of the available data. In other cases, where missing should be treated as approximations for unknown totals or average val- or excluded values are judged to be small, irrelevant, or randomly dis- ues. Regional and income group aggregates are based on the largest tributed aggregates are based only on the data shown in the tables. available set of data, including values for the 148 economies shown in the main tables, other economies shown in table 1.6, and Taiwan, China. Growth rates The aggregation rules are intended to yield estimates for a consistent Growth rates are calculated as annual averages and represented as set of economies from one period to the next and for all indicators. Small percentages. Except where noted, growth rates of values are computed differences between the values of subgroup aggregates and overall from constant-price or real-value series. Three principal methods are totals and averages may occur because of the approximations used. In used to calculate growth rates: the least-squares method, the expo- addition, compilation errors and data reporting practices may cause dis- nential endpoint, and the geometric endpoint. Rates of change from crepancies in theoretically identical aggregates such as world exports one period to the next are calculated as proportional changes from the and world imports. earlier period There are four principal methods of aggregation. For group and world totals noted in the tables by a t, missing data are imputed using a suit- Least-squares growth rate. Least-squares growth rates are used wher- able proxy variable in a benchmark year, usually 1987. The imputed value ever there is a sufficiently iong time series to permit a reliable calcula- is calculated so that it (or its proxy) bears the same relationship to the tion. No growth rate is calculated if more than half of the observations total of available data as it did in the benchmark year. Proxy variables are in a period are missing. selected from a set of variables forwhich complete data are available for The least-squaresgrowth rate, r, isestimated byfittinga linearregres- 1987. Imputedvaluesarenotcalculated if missingdataaccountformore sion trendline to the logarithmic annual values of the variable in the rel- than one-third of the total in the benchmark year. The variables used as evant period. The regression equation takes the form proxies are GNP in U.S. dollars, GNP per capita in U.S. dollars, total pop- In X, = a + bt, ulation, exports and imports of goods and services in U.S. dollars, and value added in agriculture, industry, manufacturing, and services in local which is equivalent to the logarithmic transformation of the compound currency. growth equation, Aggregates marked by an s are sums of available data. Missing values X, = XO (1 + r)t. are not imputed. Sums are not computed if more than one-third of the obser- vations in the series or a proxy for the series are missing in a given year. In this equation, X is the variable, t is time, and a = log X. and b = Aggregates of ratios are generally calculated as weighted averages of In (1 + r) are parameters to be estimated. If b* is the least-squares the ratios (indicated by w) using the value of the denominator or, in some estimate of b, then the average annual growth rate, r, is obtained as cases, another indicator as a weight The aggregate ratios are hased on [exp(b*)-1_] and is multiplied by 100 to express it as a percentage- available data, including data for economies not shown in the main The calculated growth rate is an average rate that is representative tables. Missing values are assumed to have the same average value as of the available observations over the entire period. It does not neces- the available data. No aggregate is calculated if missing data account for sarily match the actual growth rate between any two periods. 1998 World Development Indicators 361 Exponential growth rate. The growth rate between two points in time for composition of both the SDR and the SDR exchange rate for each cur- certain demographic data, notably labor force and population, is calcu- rency changes. The SDR deflator is first calculated in SDR terms and lated from the equation: then converted to U.S. dollars using the SDR to dollar Atlas conversion r= ln(p,/p,)/n, factor. This three-year averaging smooths annual fluctuations Ir prices and where p, and p1 are the last and first observations in the period, n is exchange rates for each country. The Atlas conversion factor is then the number of years in the period, and In is the natural logarithm oper- applied to a country's GNP. The resulting GNP in U.S. dollars is divided ator. by the midyear population for the atest of the three years to derive GNP This growth rate is based on a model of continuous, exponential per capita. When official exchange rates are deemed to be unreiable or growth between two points in time. It does nottake into account the inter- unrepresentative of the effective exchange rate during a period, an alter- mediate values of the series. Note also that the exponential growth rate native estimate of the exchange rate is used in the Atlas formuia (see does not correspond to the annual rate of change measured at a one- below). year interval, which is given by (pn - P_,)/P,_,. The following formulas describes the computation of the At as con- version factor for year t: Geometric growth rate. The geometric growth rate is applicable to com- pound growth over discrete periods, such as the payment and reinvest- ment of interest or dividends. Although continuous growth, as modeled by the exponential growth rate. may be more realistic, most economic e =P's e - e,_2 P / P's,+ e / e, phenomena are measured only at intervals for which the compound Pt-2 Pt. Pti t--. growth model is appropriate. The average growth rate over n periods is calculated as and for calculating GNP per capita in U.S. dollars for year t r=exp[ln(p,lp,)In] -1 . Yts= (Y,/N,)l e,' Like the exponential growth rate, it does not take into account inter- where et' is the Atlas conversion factor (national currency to the U.S. col- mediate values of the series. lar) for year t, et is the average annual exchange rate (national currency to the U.S. dollar) for year r, p, Is the GNP deflator for year t. p31 is the World Bank Atlas method SDR deflator in U.S. dollar terms for year t, Yt is the Atlas GNP in U.S. In calculating GNP in U.S. dollars and GNP per capita for certain opera- dollars in year t, YK is current GNP (loca currency) for year t. and Nt is tional purposes, the World Bank uses a synthetic exchange rate com- midyear population for year t. monly called the Atlas conversion factor. The purpose of the Atlas conversion factor is to reduce the impact of exchange rate fluctuations Alternative conversion factors in the cross-country comparison of national incomes. The World Bank systematically assesses the appropriateness of official The Atlas conversion factor for any year is the average of a coun- exchange rates as conversion factors. An alternative conversior factor is try's exchange rate (or alternative conversion factor) for that year and used when the official exchange rate is judged to diverge by an excep- its exchange rates for the two preceding years, after adjusting for dif- tionally large margin from the rate effectively applied to domest c trans- ferences between the rate of inflation in the country and the G-5 coun- actions of foreign currencies and traded products. This appl es to only a tries (France, Germany, Japan, the United Kingdom, and the United small number of countries as shown in the Primary data documentation. States). A country's inflation rate is measured by its GNP deflator. The Alternative conversion factors are used in the At as methodology and inflation rate for G-5 countries is measured by changes in the SDR elsewhere in the World Development Indicators as single-year conversion deflator. (Special drawing rights, or SDRs, are the International factors. Monetary Fund's unit of account.) The SDR deflator is calculated as a weighted average of the G-5 countries' GDP deflators in SDR terms. The weights are determined by the amount of each currency included in one SDR unit. Weights vary over time because the IMF changes the 362 1998 World Development Indicators Primary data documentation The World Bank is not a primary data collection agency for most areas other than living standards surveys and external debt. As a major user of socioeconomic data, however, the World Bank places particular emphasis on data documentation to inform users of data in economic analysis and policymaking. The tables in this section provide information on the sources, treatment, and timeliness of the main demographic, eco- nomic, and environmental indicators in the World Development Indicators. Differences in the methods and conventions used by the primary data collectors-usually national statistical agencies, central banks, and cus- toms services-may give rise to significant discrepancies overtime both among and within countries. Delays in reporting data and the use of old surveys as the base for current estimates may sometimes compromise the quality of national data. Although data quality is improving in some countries, many develop- ing countries lack the resources to train and maintain the skilled staff and obtain the equipment needed to measure and report demographic, economic, and environmental trends in an accurate and timely way. The World Bank recognizes the need for reliable data to measure living stan- dards, track and evaluate economic trends, and plan and monitor devel- opment projects. Thus, working with bilateral and other multilateral agencies, it continues to fund and participate in technical assistance pro- jects to improve statistical organization and basic data methods, collec- tion, and dissemination. The World Bank is working at several levels to meet the challenge of improving the quality of the data that it collates and disseminates. At the country level the Bank is carrying out technical assistance, training, and survey activities-with a view to strengthening national capacity-in the following areas: * Poverty assessments in most borrower member countries. * Living standards measurement and other household and farm sur- veys with country partner statistical agencies. * National accounts and inflation. * Price and expenditure surveys for the International Comparison Programme. * Statistical improvement projects in the countries of the former Soviet Union. * External debt management. * Environmental and economic accounting. Atthe international level, the World Bank is working closelywith other agencies to achieve a common language in concepts, standards, clas- sifications, nomenclatures, and definitions with a view to providing greater consistency and comparability to data from different countries and time periods. 1998 World Development Indicators 363 National currency Fiscal National accounts Balance of Government IMF year payments finance special end and trade data dissemi-m nation Ba ance SNA Alternative PPP of Payrnerts System Reporting Base price conversion survey Manua External of Accounting period year valuation factor year int use debf trade concept Albania Albanian lek Dec. 31 CY 1993 VAP BPM5 Actua. G Algeria Algeri-an di-nar Dec. 31 CY 1980 VAB BPM5 Actual S Angola Angolan adjuated kwanza Dec. 31 CY 1987 VAB 1993-96 BPM5 Actual S Argentina Argentine peso Dec. 31 CY 1986 VAR 1.972.-81 1980 BPM5 Actual S C S Armenia Armenian dram Dec. 31 CY 1993 VAB 1990-95 1990 BPM5 Preliminary Australia Australian dollar Jun. 30 CY 1989 VAP 1993 BPM5 G C S Austria Austrian schilling Dec. 31 CY 1990 VAP 1993 BPM5 S.C Azerbaijan Azeri manat Dec. 31 CY 1987 VAR 1990-95 1990 BRM4 Preliminary Bangladesh Bangladesh take Jun. 30 FY 1985 VAP 1993 BPM4 Actual G Belarus Belarussian ruble Dec. 31 CY, 1990 VAB 1990-96 1993 BPM4 Actual C Belgium Belgian franc Dec. 31 CY 1985 VAR 1993 BPM5 S C S* Benin CPA franc Dec. 31 CY 1985 VAR 1992 1993 BPM5 Actual S Bolivia Boliviano Dec. 31 CY 1980 VAP 1974-85 1980 9PMS Actual S C Bosnia and Herzegovina Bosnian dinar Dec. 31 CY 1987 VAP RRM5 Actua Botswana Botswana pula Mar. 31 CY 1986 VAP 1993 RRM5 Actual G B Brazil ..Brazilian real Dec. 31.. CY 1984 VAB 1980 BPM5 Preliminary S C Bulgaria Bulgarian leva Dec. 31 CY 1990 VAR 1991-93 1993 BPM5 Preliminary G C Burkina Faso CFA franc Dec. 31 CY 1985 VAB 1992-93 BRM5 Actua. S C Burundi Burundi franc Dec. 31 CY 1980 VAR BPM5 Actual S Cambodia Cambodian riel Dec. 31 CY 1989 VAR 8RM5 Preliminary S Cameroon CFA franc Jun. 30 FY 1980 VAR 1993 1993 BRM4 Preliminary S C Canada Canadian dollar Mar. 31 CY 1986 VAR 1993 RRM5 G C S Central African Republic CFA franc Dec. 31 CY 1987 VAB RRM5 Actual S Chad CFA franc Dec. 31 CY 1977 VAR BRM5 Actual S C Chile Chilean peso Dec. 31 CY 1986 VAR 1980 BPMS Actual S C S* China Chinese yuan Dec. 31 CY 1990 VAR 1986 BRM5 Preliminary G B Hong Kong, China Hong Kong dollar Dec. 31 CY 1990 VAR 1993 BRM4 G S* Colombia Colombian peso Dec. 31 CY 1975 VAR 1993-95 1980 BRM5 Preliminary S C S Congo, DPem. Repr. New zaire Dec. 31 CY 1987 VAR 1993 BPM5 Preliminary S C Congo, Rep. CFA franc Dec. 31 CY 1978 VAR 1993 BRM5 Estimate S Costa Rica Costa Rican colon Dec. 31 CY 1987 VAP 1980 BPM5 Actual S C C6te dIlvoire CPA franc Dec. 31 CY 1986 VAR 1993 EIRM5 Preliminary S C Croatia Croatian kura Dec. 31 CY 1994 VAR 1993 8RM5 Prelimninary C S Cuba Cuban peso Dec. 31 CY .. .S Czech Republic Czech koruna Dec. 31 CY 1984 VAR 1993 BRM5 Preliminary G C De~nmark Danish krone Dec. 31 CY 1980 VAR 1993 BRM5 G C S Dominican Republic Dominican peso Dec. 31 CY 1970 VAR 1992-95 1980 BPM5 Actual G C Ecuador Ecuadorian sucre Dec. 31 CY 1975 VAR 1980 BPM5 Actual G B Egypt, Arab Rep. Egyptian pound Jun. 30 FY 1992 VAR 1993 RPM4 Actual S C El Salvador Salvadoran coi6n Dec. 31 CY 1962 VAR 1990-95 1980 BPM5 Actual S B Eritrea Ethiopian bi'rr Dec. 31 CY 1992 VAR BPM4 Actual Estonia Estonian kroon Dec. 31 CY 1993 VAR 1990-95 1993 BPM5 Actual C Ethiopia Ethiopian birr Jul. 7 PY 1981 VAR 1991-92 1985 BPM4 Actual G 8 Finland Finnish markka Dec. 31 CY 1990 VAR 1993 BPM5 G C S France French franc Dec. 31 CY 1980 VAR 1993 BPM5 S C S Gabon CPA franc Dec. 31 CY 1989 VAR 1993 1993 BPM5 Actual S B Gambia, The Gambian dalasi Jun. 30 FY 1976 VAR 3RM5 Actual G 8 Georgia Georgian lari Dec. 31 CY 1987 VAR 1990-95 1990 3PM4 Pre[iminary Germany Deutsche mark Dec. 31 CY 1990 VAR 1993 BPM5 S C S Ghana Ghanaian cedi Dec. 31 CY 1975 VAR 1994 BPM5 Actua G C Greece Greek drachma Dec. 31 CY 1970 VAR 1993 BRM5 S C Guatemala Guatemalan cquetzal Dec. 31 CY 1958 VAR 1980 BRM5 Actual S B Guinea Guinean franc Dec. 31 CY 1989 VAR 1993 BPM5 Preliminary S C Guinea-Bissau Guinea-Bissau peso Dec. 31 CY 1986 VAR 1972-86 BRM5 Actual S Haiti Haitian gDurde Sep. 30 FY 1976 VAR BRM5 Preliminary G Honduras Honduran lempire Dec. 31 CY 1978 VAR 1980 BPM5 Actual S 364 1998 World Development Indicators Latest Latest household or Vital Latest Latest Latest Latest Latest population demographic survey registration agricultural Industrial water survey of survey of census complete census date withdrawal scientists expenditure data and for R&D engineers engaged in R&D Albania 1989 LSMS, 1996 1993 1970 Algeria 1987 PAPCHILD, 1992V/1993 1990 Angola 1970 1987 Argentina 1991 1988 1993 1976 198 12 Armenia 1989/ 1991 1994 Austria 1991V/ 1990 1994 1991 1993 1993 Azerbaijan 1989/ 1995 Bangladesh . 1991 DHS, 1996-97 1992 1987 Belarus 1989 1990 1992 1992 Belgium 1991V 1990 1994 1980 1990 1990 Benin 1992 DHS, 1996 1992 1981 1994 1989 1989 Bolivia 1992 DHS, 1994 1994 1987 1991 1991 Bosnia and Herzegovina 1991V/1991 Botswana 1991 OHS, 1968 1994 1992 Bulgaria 1992 LSMS, 1995 I 1994 1988 1992 1992 Burkina Faso 1996 SDA, 1995 1983 1992 Cambodia 1962 1987 Cameroon 1987 OHS, 1991 1994 1987 Canada 1991V 1991 1993 1991 1991 1992 Central African Republic 1988 OHS, 1994-95 1992 1987 1990 1984 Chile 1992 1 1993 1975 1988 1994 China 1990 Population, 1995 1994 1980 1993 1993 Hong Kong, China 1911993 1991 ~ ~ ~ ~ ~ ~ ~ ~ ~ ~~ ~ ~~~~~~~~~~....... ....... ..... ....... ........... ....... ................... Colombia 1993 OHS, 1995 1988 1992 1987 1982 1982 Congo, Oem. Rep. 1984 1990 1990 Congo, Rep. 1984 1998 1987 1984 1984 Costa Rica 1984 CDC, 1993V/1994 1970 1992 1986 C5te dilvoire 1988 OHS, 1994 :1993 1987 Croatia 1991V/1992 1992 1992 Cuba 1981 /1 1989 1975 1992 1992 Czec Republic 1991 CDC, 1993 VI 1990 1993 1991 1994 1994 Dominican Republic 1-993 OHS, 1996 1985 1987 Ecuador 1990 LSMS, 1995 1994 1987 1990 1990 Egypt, Arab Rep. 1996 OHS, 1995-96 1992 1993 1991 1991 El Salvador 1992 CDC, 1994 1994 1975 1992 1992 Eritrea 1984 Ethiopia 1994 Family and fertility, 1990 1989-92 1990 1987 Finland 1990 /1994 1991 1993 1993 France 1990 Income, 1989V/ 1988 1994 1990 1993 1993 Gabon 1993 1982 1987 1986 Gambia, The 1993 1982 1982 Georgia 1989 1992 1990 1991 1991 Germany ' 1993 1991 1989 1989 Ghana 1984 OHS, 1993 1987 1970 Greece 1991 /1993 1980 1993 1993 Guatemala 1994 OHS, 1995/ 1990 1970 1988 1988 Guinea-Bissau 1991 SDA, 1991 1988 1991 Haiti 1982 OHS, 1994-95 1987 Honduras 1988 OHS, 1994 1993 1994 1992 1998 World Development Indicators 365 National currency Fiscal National accounts Balance of Government IMF year payments finance special end and trade data dissemi- nation Baiance SNA Alternative PPP of Payments Systemn Report[ng Base price conversion survey Manual Exterral of Accourtnog Iperiod year valuation factor year in use debt trade concept Hungary Hungarian forint Dec. 31 CY 1991 VAR 1993 BPM5 ActulI G C 5* India Indian rupee Mar. 3 1 FY 1980 VAB 1985 BPM4 Actual G C S Indonesia Indonesian rupiah Mar. 3 1 CY 1993 VAP 1993 3PM5 Preliminary S C S Iran, Islamic Rep. Iranian rial Mar. 20 FY .1982 VAB 1993 BPM5 Estimate S C I raq .Iraqi dinar Dec. 3.1 CY 1969 VAB S Ireland Irish pound Dec. 31 CY 1985 VAB 1993 BPMS G C Israel Israeli new shekel Dec. 31 CY 1990 VAR 1980 3HMS S C SC Italy Italian lira Dec. 31 CY 1985 VAP 1993 BPM5 S C Jamaica Jamaica dollar Dec. 31 CY 1986 VAR 1995-96 1993 BPM5 Prelim[nary G Japan Japanese yen Mar. 31 CY 1985 VAR 1993 BRM5 G C Jordan Jordan dinar Dec. 3 1 CY 1985 VAR 1993 BPM4 Actuai G S3 Kazakhstan Kazakh tenge Dec:.31 CY 1994 VAR 1990-95 1990 BHM4 Actual Kenya Kenya sVhilling Jun. 30 CY 1982 VAR 1993 EPHMS Actual 0 5 Korea, Dem. Rep. Democratic Republic of Korea won Dec. 31 CY 1990 VAR ERPM5 S Korea, Rep. Korean won Dec. 31 CY 1990 VAP 1993 OHM S C Kuwait Kuwaiti diner Jun. 30 CY 1984 VAR EIHMS S C Kyrgyz Republic Krgyz som Dec. 31 CY 1993 VAR 1990-95 1990 3HM4 Actual Lao PDR Lao kpDec. 31 CY 1990 VAP RPM5 Preliminary Latvia Latvian let Dec:.31 CV 1993 VAR 1990-95 1993 BRM5 Actu~al C S Lebanon Lebanese pound Dec. 31 CY 1994 VAR 1993 BPM4 Actual C Lesotho Lesotho loti Mar. 31 CY 1980 VAR SRMS Actual G C Lioya Libyan dinar Dec. 31 CY 1975 VAR 1993 OHMS G Lithuania Lithuanian litas Dec. 3.1 CY 1993 VAR 1990-95 OHMS Hre iminery C S Macedonia, FYR Macedon an denar Dec. 31 CY 1990 VAR 1993 Actual Madagascar Ma lagasy franc Dec. 31 CY 1984 VAR 1993 OHMS Actual S C Meialai Malavwi kwacha Mar. 31 CY 1978 VAR 1985 OHMS Preliminary G 0 Malaysia Malaysian ringgit Dec. 31 CY 1978 VAR 1993 OHMS Preliminary G C S Mali CFA ftanc Dec. 31 CY 1987 VAR 1985 OHMS Actua S Mauritani'a Mauritanian ouguiya Dec. 31 CY 1985 VAR 1993 OHMS Preliminary S Mauritius Mauritian rupee Jun. 30 CY 1992 VAR 1985 OHMS Actual G C Mexico Mexican new peso Dec. 31 CY 1993 VAR 1993 BHMS Actual G C S Moldova Moldovan leu Dec. 31 CY 1995 VAR 1990-95 1993 OHMS Actual Mongolia Mongolian tugrik Dec. 31 CY 1986 VAR 1993 1993 OHMS Actual C Morocco Moroccan dirham Dec. 31 CY 1980 VAR 1985 SHMS Preliminary S C Mozamnbique Mozambican metical Dec. 31 CY 1995 VAR OHMS Actual S Myanman Myanmar kyat Mar. 31 FY 1985 VAR ORM4 Actual G C Namibia Namibia dollar Mar. 31 CY 1990 VAR OHMS Nepal Nepalese rupee Jul. 14 FY 1985 VAR 1993 OPM4 Actual G C Netherlands Netherlands guilder Dec. 31 CY 1990 VAP 1993 OHMS S C S New Zealand New Zealand dollar Jun. 30 CY 1982 VAR 1993 OHMS G 0 iii iv i:.~~Fec. 31 CY 1980 VAR OHMS Actual G C Niger CRA franc Dec. 31 CY 1987 VAR 1993 1993 OHMS Actual S Nigeria Nigerian naira Dec. 31 CY 1987 VAR 1974-96 1993 OHMS Estimate C Norway Norwegian krone Dec. 31 CY 1990 VAR 1993 OHMS G C S Oman Rial Omani Dec. 31 CY 1978 VAR 1993 BRMS Actual G 0 Pakistan Pakistan rupee Jun. 30 FY 1981 VAB 1980 OPM4 Actual G C Panama Panamanian balboa Dec. 31 CY 1992 VAR OHMS Actual S C Papua New Guinea Papua New Guinea kina Dec. 31 CY 1983 VAP 1980 OHMS Actual G 8 Paraguay Paraguayan guarani Dec. 31 CY 1982 VAR 1980 ORM4 Actual S C Peru Peruvian new sol Dec. 31 CY 1979 VAR 1987-91 1993 OHMS Actual S C S Philippines Philippine peso Dec. 31 CY 1988 VAR 1993 RHM5 Preliminary G 8 S Roland Polish zloty Dec. 31 CY 1990 VAR 1993 OHMS Actual G C Sv. Portugal Portuguese escudo Dec. 31 CY 1985 VAR 1993 OHMS S C S Puerto Rico U.S. collar Dec. 31 CY 1993 Romania Romanian leu Dec. 31 CY 1993 VAR 1992 1993 OHMS Preliminary G C Russian Federation Russian ruble Dec. 31 CY 1996 VAR 1990-94 1993 BRM4 Preliminary C 366 1998 World Development Indicators Latest Latest household or Vital Latest Latest Latest Latest Latest population demographic survey registration agricultural industrial water survey of survey of census complete census data withdrawal scientists expenditure data and for R&D engineers engaged in R&D Hungary 1990 Income, .1995 / 1994 .1991 .1993 1993 India 1991 National family health, 1992-93 1986 1992 1975 1990 1990 Indonesia 1990 DHS, 1994 1994 1987 1988 1988 lran, Islamic Rep. 1991 Demographic, 1995 1988 1993 1993 1985 1985 Iraq 1997 1992 1970 1993 1993 Ireland 1996 / 1991 1994 1980 1988 1988 Israel 1995/ 1993 1989 1984 1992 Italy 1991 / 1990 1991 1990 1993 1993 Jamaica 1991 LSMS, 1994 / 1992 1975 1986 1986 Japan 195/ 1990 1993 1990 1992 1991 Jordan 1994 DHS, 1990 1994 1993 1986 1986 Kazakhstan 1989 OHS, 1995 /1993 Kenya 1989 OHS, 1993 1994 1990 Korea, Dam. Rep. 1993 1987 Korea, Rep. 1995 1994 1994 1994 1994 Kuwait 1995/ 1993 1974 1984 1984 Kyrgyz Republic 1989 LSMS, 1993 / 1994 Lao PDR 1995 1987 Latvia 1989 / 1994 1994 1994 1994 Lebanon 1970 1994 1980 1980 Lesotho 1996 DHS, 1991 1994 1987 Libya 1995 PAPCHILD, 1995 1987 1989 1994 1980 1980 Lithuania 1989 / 1994 1993 1992 1992 Macedonia, FYR 1994 V 1994 1991 1991 Madagascar .. ....1993 O. HS,.1992; SDA. 1993 1988 1984.. 1989 1988 Malawi 1987 OHS, 1996 1989 1994 Malaysia 1991 1993 1975 1992 1992 Mall 1987 DHS, 1995-96 1981 1987 Mauritani'a 1988 PAPCHILD, 1990 1985 Mauritius 1990 COC, 1991 1993 1974 1992 1992 Mexico 1990 Population. 1995 1991 1991 1993 1993 Moldova 1989 /1992.... ... ... Mongolia 1989 1994 1987 Morocco 1994 OHS, 1995 1994 1992 Mozambique 1997 1992 Myanmar 1983 1993 1993 1987 ............ Namibia 1991 OHS, 1992 1991 Nepal 1991 OHS, 1996 1992 1993 1987 1980 1980 Netherlands 1971 ,1 1989 1993 1991 1991 1991 New Zealand 1996 / 1990 1992 1991 1993 1993 Nicaragua 1995 LSMS, 1993 1985 1975 1987 1987 Niger 1988 Household budget and consumption, 1993 1982 1988 Nigeria 1991 Consumption and expenditure, 1992 1990 1987 1987 1987 Norway 1990 / 1989 1992 1985 1993 1993 Oman 1993 Child health, 1989 1992-93 1993 1991 Pakistan 1981 LSMS, 1991 1990 1990 1991 1990 1987 Panama 1990 1990 1992 1975...... Papua New Guinea 1989 1989 1987 Paragua 1992 OHS, 1990;CDCO,1992 1991 1981 1987 Peru 1993 OHS, 1996 1992 1987 1981 1984 Philippines 1995 OHS, 1993 1992 1975 1984 1984 Poland 1988 / 1990 1994 1991 1992 1992 Portugal 1991 / 1989 1994 1990 1990 1990 Puerto Rico 1990 / 1987 1994 Romania 1992 LSMS, 1994-95 V 1993 1994 1994 1994 Russian Federation 1989 LSMS, 1992 V 1994 1994 1993 1993 1998 World Develapment Indicators 367 National currency Fiscal National accounts Balance of Government IMF year payments finance special end and trade data dissemi- nation Balance SNA Alternative PRP of Pavorents Systemr Reporting Base prce conversion s-rey tVanhal External of ArcO-nteg period year valuation factor vear in use debt trade Doncept Rwanda Rwanda franc Dec. 31 CY 1985 VAB 1985 3PM5 ActuaJ G C Saudi Arabia Saudi Arabian riyal Hijri year Hijri year 1970 VAP 1993 BPM5 S Senegal CFA franc Dec. 31 CY 1987 VAB 1992-93 1993 BPM5 Preliminary S Sierra Leone Sierra Leonean leone Jun. 30 CY 1990 VAB 1993 BPM5 Actual G B Singapore Singapore dollar Mar. 31 CY 1990 VAP 1993 BPM5 G C 5* Slovak Republic Slovak koruna Dec. 31 CY 1993 VAP 1993 BPM5 Preliminary S Sloveni.a Slovenian tolar Dec. 31 CY 1993 VAR 1-993 BRM5 Actual S South Africa South African rand Mat. 31 CY 1990 VAB 1993 BPM5 Preliminary c S Spain Spanish peseta Dec. 31 CY 1996 VAP 1993 BPM5 S C S Sri Lanka Sri Lanka rupee Dec. 31 CY. 1982 VAR 1985 BRM5 Actual G C Sudan Sudanese diner Jun. 30 FY 1982 VAR BRM4 Estimate G Sweden Swedish krona Jun. 30 CY 1990 VAB 1993 BPM5 C C S Switzerland Swiss franc Dec. 31 CY 1990 VAP 1993 BPM5 S C S Syrian Arab Republic Syrian pound Dec. 31 CY 1985 VAP 1993-96 1993 RPM5 Estimate S C Tajikistan Tajik ruble Dec. 31 CY 1993 VAR 1990-98 1990 BRM4 Estimate Tanzania Tanlzania shilling Jun. 30 FY 1992 VAR 1993 RRM5 Actual G Thailand The bent Sep. 30 CY 1988 VAR 1993 RRM5 Rrelimrnnary G C S Togo CFA franc Dec. 31 CY 1978 VAR RRMB Actua. S Trinidad and Tobago Trinidad and Tobago dollar Dec. 31 CY 1985 VAR 1993 RRM5 Prellminary S Tunisia Tunisian diner Dec. 31 CY 1990 VAR 1991 BPMS Actual G C Turkey Turkish lire Dec. 31 CY 1993 VAR 1993 RRM5 Actual S C S* Turkmenistan Turkmen manat Dec. 31 CY 1987 VAR 1990-96 1990 RRM4 ActuaJ Uganda Uganda shilling Jun. 30 FY 1991 VAR BHM4 Actual G Ukraine Ukraine hrivnya Dec. 31 CY 1995 VAR 1990-95 1993 RPM5 Actual United Arab Emirates U.A .E dirham Dec. 31 CY 1985 VAR RRM4 G B United Kingdom Round sterling Dec. 3.1 CY 1990 VAR 1993 BRM5 G C S United.States U.S. dollar Sep. 30 CY 1985 VAR 1993 BRM5 G C S Uruguay Uuguayan peso Dec. 31 CY 1983 VAR 1980 BPM5 Actual S C Uzbekistan Uzbek sum Dec. 31 CY 1987 VAR 1990-96 1990 RRM4 ActuaJ Venezuela Venezuelan bolivar Dec. 31 CY 1984 VAP 1980 BRM5 Actual G C Vietnam Vietnamese dong Dec. 31 CY. 1989 VAR 1993 BRM4 Preliminary West Bank and Gaza Israeli niew shekel Dec. 31 CY VAR Yemen, Rep. Yemen rnal Dec. 31 CY 1990 VAR 1990-96 1993 RRM4 Actus. G C Yugoslavia, FR (Serb./Mont.) Yugoslav new diner Dec. 31 CY 1984 VAR 1985 Estimate S Zambia Zanrbian kwacha Dec. 31 CY 1977 VAR 1993 BRM5 PreliminayG C Zimbabwe Zimbabwe dollar Jun. 30 CY 1990 VAR 1993 BRM5 Actual G C Note: For explanation of the abbreviations aced in the table see the notes. 368 1998 World Development Indicators Latest Latest household or Vital Latest Latest Latest Latest Latest population demographic survey registration agricultural Industrial water survey of survey of census complete census data withdrawal scientists expenditure data and for R&D engineers engaged in R&D Rwanda 1991 DHS, 1992 1986 1993 1985 1985 Saudi Arabia 1992 Maternal and child health, 1993 -1989 1992 Senegal . 1988 DHS, 1992-93 1994 1987 1981 1981 Sierra Leone 1985 SHEHEA, 1989-90 1993 1987 Singapore 1990 General household, 1995 / 1994 1975 1994 1994 Slovak Republic 1991 1 1994 1991 Slovenia 1991 V 1994 1992 1992 South Africa 1996 LSMS, 1993 1992 1990 1991 1991 Spain 1991/ 1989 1992 1991 1993 1993 Sri Lanka 1993 DHS, 1993/ 1993 1970 1985 1984 Sudan 1993 OHS, 1989-90 1995 Sweden 1990 I/ 1994 1991 1993 1993 Switzerland 1990/ 1990 1994 1991 1992 1992 Syrian Arab Republic 1994 PAPCHILD,19 1992 1993 Tajikistan 1989/ 1994 Tanzania 1988 OHS, 1996 1988 1994 Thailand 1990 OHS, 1987 1988 1991 1987 1991 1991 Togo 1.. .. 981 O... HS, 1988 1984 1987 Trinidad and Tobago 1990 OHS, 1987/ 1993 1975 1984 1984 Tunisia 1994 PAPCHILD, 1994-95 1993 1990 1992 1992 Turkey 1997 Population and health, 1983 1991 1993 1992 1991 1991 Turkmenistan 19951 1994 Uganda 1991 OHS, 1995 1991 1989 1970 Ukraine 1991 / 1992 1989 1989 United Arab Emirates 1980 1985 1995 United Kingdom 19911 1993 1994 1991 1993 1993 United States 1990 Current population, 1996 / 1987 1994 1990 1993 1993 Uruguay 1996 1990 1993 1965 Uzbekistan 1989 OHS, 1996 VI 1994 1992 1992 Venezuela 1990 LSMS, 1993 / 1993 1970 1992 1992 Vietnam 1989 Intercensal demographic, 1995 1992 1985 1985 West Rank and Gaza Demographic, 1995 Yemen, Rep. 1994 OHS, 1991-92 1990 Yugoslavia, F (Serb./Mont.) 1991 1994 1992 1992 Zambia 1990 OHS, 1996 1990 1994 1994 Zimbabwe 1992 OHS, 1994 1993 1987 1998 World Development Indicators 369 * Fiscal year end is the date of the end of the fiscal data on balance of payments items in table 4.16. s expected to erhance the ava lab lity of timely and year for the central government. Fiscal years for other BPM4 refers to the fourth edition of the IMF's Balance comprehensive data and therefore contribute to the levels of government ard the reporting years for sta- ofPayments Manual(1977), and BPM5 to the fifth edi- pursuit of sound macroeconomic policies, t s also tistical surveys may differ, but if a country is desig- tion 11993). Since 1995 the IMF has adjusted all bal- expected to contr bute to the mproved functioning of nated asa fiscal year reporter in the following cclumn, ance of payments data to BPM5 conventions, but financial markets. Although subscription is voluntary. the date shown is the end of its national accounts some countries continue to report using the older sys- it commits the subscriber to observing the standard reporting period. * Reporting period for national tem. * External debt shows debt reporting status for and to provid ng information to the IMF about its prac- accounts and balance of payments data is designated 1996 data. 'Actual" ndicates data are as reported, tices in dissemninating economic and financial data. A as either calendar year basis (CYI or fiscal year (FY). 'preliminary" indicates data are preliminary and related General Data Dissem natior System tGDDS), Most economies report their national accounts and include an element of staff estimation, and "estimate' recently introduced by the IMF, .s designed to encour- balance of payments data using calendar years, but indicates data are staff estimates. * System of trade age gooc practice in data product on and dissemina- some use fiscal years, which straddle two calendar refers to the general trade system (Gl or the special tion. * Latest population census shows the most years. In the World Development Indicators fiscal year trade system (S). For imports under the genera trade recent year in which a census was conJucted. data are assigned to the calendar year that contains systemr, both goods entering directly for domestc con- * Latest household or demographic survey gives the larger share of the fiscal year. Saudi Arabia follows sumption and goods entered into customs storage are nformat on on the surveys used in compi. ng the a lunar year whose starting and ending dates change recorded, at the time of their first arrival, as imports. householo and demographic data preserted in sec- with respect to the solar year. Because the Under the special trade system goods are recorded as tior 2. LSMS is Lyving Standards Measurement International Monetary Fund (IMF) reports most bal- imports when declared for domestic consumption Study, PAPC-fILD is the Pan Arab Project for Chi.d ance of payments data ona calendaryear basis, bal- whetherattimeofentryoronwithdrawalfromcLlstoms Deveonpment, DHS is Demogrnahic and Healtn ance of payments data for fiscal year reporters in the storage. Exports under the general system comprise Survey. SDA is Social Dimens ons of Adjustment, World Development Indicators are based on fiscal year outward-moving goods: (a) national goods wholly or CDC s Centers for Disease Control and Prevention, estimates provided by World Bank staff. These esti- partly produced in the country; 1b) foreign goods, nei- and SHEHEA is Survey of Household Enperdit.re and mates may differ from IMF data but allow consistent ther transformed nor declared for domestic consump- Household Economic Activ;ties. * Vital registration comparisons between national accounts and balance tion in the country, that move outward from customs complete identifies countries jpdgeo tc have com- of paymentsdata. * Baseyearistheyearusedasthe storage; and (c) nationalized goods that have been plete registries of vital lbirtr and death) statistics by base period for constant price calculations in the coun- declared from domestic consumption and move out- the United Nations Department of Ecoromic and try's national accounts. Price indexes derived from ward without having been transformed. Under the spe- Socia informat on and Po. cy An4&ysis. Statistical national accounts aggregates, such as the GDP defla- cial system of trade exports comprise categories (a) Division, and reported in Population and Vital tor, express prices in current years relative to prices in and (c). In some compilations categories (b) and ic) are Statistics Reports. Countries e th complete vital sta- the base year. Constant price data reported in the classified as re-exports. Direct transit trade. consist- tistics registr es may have more accurare and more World Development Indicators are partially rebased to ing of goods entering or leaving fortransport purposes timely demographic ndicators. * Latest agricultural a common 1987 base year. See the notes to table 4.1 only, is excluded from both import and export statis- census shows trne most recent year in which an agri- for further discussion. * SNA price valuation shows tics. See the notes to tables 4.4 and 4.5 for farther cultura census was conducted and reDorted to the whether value added in the national accounts is discussion. * Government finance accounting con- Food and Agriculture Organ zat on. * Latest indus- reported at basic or producers' prices (VAB) or at pur- cept describes the accounting basis for reporting cen- trial data refer -o the most recent Year -'or vhich man- chasers' prices (VAP). Purchasers' prices include the tral government financial data. For most countries ufacturing value added data at the three-dig t level of value of taxes levied on output and value added that government finance data have been consolidated (C) the Internationa. Standard Industria' Classi',cation are collected from consumers and thus tend to over- into one set of accounts capturing all the central gov- (rev 2 or rev. 3) are avai ab e n the UNIDO catabase. state the actual value added in production. See the ernment's fiscal activities. Budgetary central govern- * Latest water withdrawal data refer to the most notes to table 4.2 for further discussion of national ment accounts (B) exclude central government units. recent year for which data have been comoiled from accounts valuation. * Alternative conversion factor See the notes to table 4.12 for further details. * IMF a varety of sources. See the notes to table 3.5 for identifies the countries and years for which a World special data dissemination shows the countries that more information. * Latest surveys of scientists Bank-estimated conversion factor has been used in subscribe to the International Monetary Fund's (IMFi and engineers engaged in R&D and expenditure for place of the official (IFS line rf) exchange rate. See Special Data Dissemination Standard (SDDS). "S" R&D refer to the most recent year for which data are Statistical methods for further discussion of the use refers to countries that subscribe; "SI*" indicates sub- available from a data co lection effort by UNESCO in of alternative conversion factors. * PPP survey year scribers that have posted data on the Internet. science and technology ann researcr and develop- refers to the latest available survey year for the (Posted data can be reached through the IMF ment (R&D). See the notes to tab e 5.12 for more International Comparison Programme's estimates of Dissemination Standard Bulletin Board at information. purchasing power parities (PPPs). See the notes to http://dsbb.imf.org/). The IMF established the SDDS tables 4.10, 4.11, and 5.6 for further details. to guide member countries that have or that are seek- * Balance of Payments Manual in use refers to the ing access to international capitai markets in providing classification system used for compiling and reporting economric and financial data to the public. The SDDS 370 1998 World Developwent Indicators Acronyms and abbreviations bbl barrel kg kilogram BOD biochemical oxygen demand km kilometer btu British thermal units kwh kilowatt-hour CFC chlorofluorocarbon LIBOR London interbank offered rate c.i.f. cost, insurance, and freight MO currency and coins (monetary base) CITES Convention on International Trade in Endangered Species of M1 narrow money (currency and demand deposits) Wild Flora and Fauna M2 money plus quasi money CO, carbon dioxide M3 broad money or licu d liabi ties CPI consumer price index MFA Multifiber Arrangement cu. m cubic meter mmbtu millions of British thermal units DHS demographic and health survey mt metric ton DMTU dry metric ton unit MUV manufactures unit value DPT diphtheria, pertussis, and tetanus NEAP national environmental action plan ESAF Enhanced Structural Adjustment Facility NGO nongovernmental organization FDI foreign direct investment NTBs nontariff barriers f.o.b. free on board ODA official development assistance FYR former Yugoslav Republic P/E price-earnings ratio G-5 France, Germany, Japan, United Kingdom, and United States PPP purchasing power Darity G-7 G-5 plus Canada and Italy SAF Structural Adjustment Facility GDP gross domestic product SDR Special Drawing Right GEMS Global Environment Monitoring System SIC Standard Industrial Classification GIS Geographic Information System SITC Standard International Trade C assification GNI gross national income SNA L.N. System of National Accounts GNP gross national product SOPEMI Continuous Reporting System on Migration ha hectare so2 sulfur dioxide HIV human immunodeficiency virus sq. km square kilometer ICD international classification of diseases STD sexually transmitted disease ICRG International Country Risk Guide TB tuberculosis ICSE International Classification of Status in Employment TFP total factor productivity IMR infant mortality rate ton-km metric ton-kilometers ISCED International Standard Classification of Education TSP total suspended particulates ISIC International Standard Industrial Classification UN5MR child (under-5) mortality rate 372 1998 World Development Indicators ACDA Arms Control and Disarmament Agency IRF International Road Federation ADB Asian Development Bank ITU International Telecommunication Union AfDB African Development Bank IUCN World Conservation Union APEC Asia-Pacific Economic Cooperation LAC Latin America and the Caribbean CDC Centers for Disease Control and Prevention LME London Metals Exchange CDIAC Carbon Dioxide Information Analysis Center MIGA Multilateral Investment Guarantee Agency CEC Commission of the European Community MNA Middle East and North Africa DAC Development Assistance Committee NAFTA North American Free Trade Agreement EAP East Asia and the Pacific NATO North Atlantic Treaty Organization EBRD European Bank for Reconstruction and Development OECD Organisation for Economic Co-operation and Development ECA Europe and Central Asia PAHO Pan American Health Organization EDF European Development Fund SAS South Asia EFTA European Free Trade Area SSA Sub-Saharan Africa EIB European Investment Bank UN United Nations EU European Union UNAIDS Joint United Nations Programme on HIV/AIDS EUROSTAT Statistical Office of the European Community UNCED United Nations Conference on Environment and Development FAO Food and Agriculture Organization UNCTAD United Nations Conference on Trade and Development GATT General Agreement on Tariffs and Trade UNDP United Nations Development Programme GEF Global Environment Facility UNECE United Nations Economic Commission for Europe HIC High-income countries UNEP United Nations Environment Programme IBRD International Bank for Reconstruction and Development UNESCO United Nations Educational, Scientific, and Cultural Organization ICAO International Civil Aviation Organization UNFPA United Nations Population Fund ICCO International Cocoa Organization UNICEF United Nations Children's Fund ICO International Coffee Organization UNIDO United Nations Industrial Development Organization ICSE International Classification of Status in Employment UNRISD United Nations Research Institute for Social Development ICP International Comparison Programme UNSO United Nations Statistical Office IDA International Development Association USAID U. S. Agency for International Development IDB Inter-American Development Bank WCMC World Conservation Monitoring Centre IEA International Energy Agency WFP World Food Programme IFC International Finance Corporation WHO World Health Organization IFCI International Finance Corporation Investable WIPO World Intellectual Property Organization ILO International Labour Organization WTO World Trade Organization IMF International Monetary Fund WWF World Wide Fund for Nature 1998 World Development Indicators 373 Credits This book has drawn on a wide range of World Bank Saxenian facilitated collaboration between the this section with additional inputs from Eric Swanson. reports and numerous external sources. These are Development Data Group and the Human Special acknow edgment is made to the Global listed in the bibliography that follows this section. Development Network. Comments and suggestions Economic Prospects team. [ed by Un Dadush-espe- Many people inside and outside the World Bank were received from Martha Ainsworth, Eduard Bos, cially Robert Lynn and Mick Riordan. Substantial con- helped in writing and producing the World Vivian Hon, Edna Jonas, Elizabeth King, Mead Over, tributions to the section were provided by Robin Lynch Development Indicators. This note identifies those LantPritchett. Martin Ravallion, Jee-Peng Tan, Lianqin and Michael Ward (national accounts). Azita Amjadi who made specific contributions. Numerous others, Wang, and Michael Ward at various stages from and Alexander Yeats (trade), Sultan Ahmad and Yonas too many to acknowledge here, helped in many ways design to production. Siru (structure of consumption and relative prices in for which the team is extremely grateful. PPP terms), Jong-goo Park (balance of payments), and 3. Environment Punam Chuhan (external debt). The national accounts 1. World view was prepared by M. H. Saeed Ordoubadi in partner- and balance of payments data for ow- and middle- was prepared by the members of the WDI team. K. ship with the World Bank's Environmentally and incomeeconomiesaregatheredfromtheWorJdBank's Sarwar Lateef conceived the plan for the section and Socially Sustainable Development Network and in col- regional staff through the annual Unified Survey under wrote the introduction with contributions from Eric laboration with the World Bank's Development the d rect on of Soong Sup Lee and Monica Singh. Swanson and Sulekha Patel. The introduction drew Research Group. Eric Rodenburg and Robin White of Boris Blazic-Metzner reviewed and prepared the time heavily on Demery and Walton (1997). Crucial ideas the World Resources Institute and Augusto Curti, Orio series from 1960-65 for the CD-ROM. assisted by and suggestions were provided by Lionel Demery, Tampieri, and Sami Zara of the FAO made important Premi Rathan Raj. Maja Bresslauer. Raquel Fok, and Paul Glewwe, Paul Isenman, Martin Ravallion, and contributions. Demet Kaya assisted with research and Jong-goo Park worked on updating, est mating, and val- Michael Walton. Colin Bradford and staff at USAID par- data preparation. John Dixon, Kirk Hamilton. and idating the databases for national accounts and the ticipated in early discussions on measuring develop- Michael Ward provided invaluable comments and balance of payments. The national accounts data for ment progress. Bernard Wood and Brian Hammond of guidance in all stages of the work, from design to pro- OECD countries were processed by Abdel Stambouli the OECD made numerous helpful suggestions. duction. Andrew Steer and Robert Watson provided and rev ewed by Robert King and Mick Riordan. The Substantial assistance in preparing the data for this considerable encouragement and support and helped external debt tables were prepared by the Financial section was received from Jong-goo Park (GNP per ensure the substantial ownership the World Bank's Data Team, lec by Punam Chuhan, and were reviewed capita) and Sultan Ahmad and Yonas Biru (GNP in PPP Environment Department feels for this section. The by Ibrahim Levent and Gloria Reyes. Shelley Fu and terms). Environment Department devoted substantial staff Sup Lee prov:ded systems support. resources to the book, for which we are very grateful. 2. People John Dixon and Kirk Hamilton wrote the introduction 5. States and markets was prepared by Sulekha Patel in partnership with the to the section with contributions from Per Fredriksson was prepared by David Cieslikowski in partnership with World Bank's Human Development Network and and Lisa Segnestam, and inputs were provided by Yann Burtin, Andrew Ewing. Carsten F nk, Timothy Development Research Group. Cindy Alexis, Aelim Derek Byerlee. Peter Jipp, and William Magrath (land Irwin, and Catherine Kleynhoff In the World Bank's Chi, and Endang Satyowati helped prepare the data use and agriculture), John Dixon and Stefano Pagiola Finance, Private Sector, and Infrastructure Network, for this section. Consultations were held with coun- (biodiversity), John Briscoe (water), Susmita the Poverty Reduction and Economic Management terparts from the ILO, WHO, UNICEF, UNESCO, and Dasgupta, Muthukumara Mani, and David WheeJer Network, and the International Finance Corporation. UNAIDS, with Human Development Network staff (water pollution), Kirk Hamilton and Shane Streifel Demet Kaya contributed substantia ly to the overall serving as liaisons. Sulekha Patel wrote the introduc- (energy), Kseniya Lvovsky and Robin White (air pollu- preparation of this section, and Amy Wi son was tion to the section. Substantial inputs to the section tion), and Charles Di Leva and Junko Funahashi (gov- responsible for updates to the state enterprise data- were provided by Eduard Boas (demography and ernment commitment). The team received valuable base. Caroline Doggart drafted the ntroduction to this health), Amit Dar, Monica Fong, and Dena Ringold comments at various stages from Jean Aden. Harry section. Substantial inputs were made bE William (labor force and employment), Shaohua Chen, and Burt, Anders Ekbom, KristalinaGeorgieva, Ernst Lutz. Shaw)privatecapitalflows), MariuszSumlinsk (private Martin Ravallion (poverty and income distribution), William Martin, Glenn Morgan, Susan Shen, and Alan investment). Graeme Littler and Yuko Onuma (stock and Martha Ainsworth and Vivian Hon (health). Winters. markets), Luke Haggerty (state enterprises), Sultan Bernherd Schwartlander (UNAIDS) and Karen Ahmad and Yonas Biru (relative prices and PPP con- Stanecki (U.S. Bureau of the Census) provided recent 4. Economy version factors). Geoffrey Lamb and Michee. Stevens information on HIV prevalence and projections for the was prepared by K. M. Vijayalakshmi and Eric Swanson (military experrditures), As[ Denimrguc-Kurt (financial special feature on AIDS. David de Ferranti of the in close collaboration with the Macroeconomic Data sector), Maria Concetta Gasbarro and Michael M nges Human Development Council facilitated the data Team of the Development Data Group, led by Robin of the ITU (communications and information). and review by the Bank's regional staff and Helen Lynch. Caroline Doggart prepared the introduction to Christine Kessides and Louis Thompson (transport). 374 |1998 World Developnent Indicators 6. Global links Design, production, and editing provide comments and suggestions after the last edi- was prepared by Eric Swanson with assistance from David Cieslikowski coordinated all aspects of production tion was published. They, and those who responded Aelim Chi in collaboration with the World Bank's with the Communications Development Incorporated to our readers' survey, all contributed greatly to Development Prospects Group, headed by Uri team, led by Laurel Morals. Bruce Ross-Larson and improvements and changes in this year's edition. We Dadush, and with special assistance from the OECD's other staff at Communications Development urge others to send us their views on this edition. We Development Cooperation Directorate. Dipak Incorporated did the editing, layout, and design. In par- would also like to extend our appreciation to Frances Dasgupta provided a stimulating critique that helped ticular, we would like to thank the design team of Peter Stewart, Director, Queen Elizabeth House, Oxford; in rethinking this section. Milan Brahmbhatt con- Grundy and Tilly Northedge, the editing team of Paul Keith Bezanson, Director, Institute of Development tributed to the redesign, suggested new indicators, Holtz and Alison Strong, the desktopping team of Laurel Studies, Sussex; and Sir Timothy Lancaster, Director, and wrote the background paper from which the World Morais. Damon lacovelli, Suzanne Luft, Terra Lynch, School of Oriental and African Studies, London, for Development Indicators team has drawn the intro- Donna McGreevy, and Christian Perez. and the produc- arranging opportunities to present the World ductory essay. He was assisted by Kumiko Imai. tion team of Daphne Levitas and Jessica Moore. Development Indicatorsto invited guests, faculty, and Substantial help in preparing the data for this section students in their institutions and for the feedback we came from Azita Amjadi, Mick Riordan, and Alexander Client services received on the book and CD-ROM at those presenta- Yeats (trade), Jerzy Rozanski (tariffs), Betty Dow (com- The Development Data Group's Client Services Team, tions. We are also grateful to the Overseas modity prices), Shelly Fu, Ibrahim Levent. and Gloria led by Elizabeth Crayford, contributed to the design Development Institute for organizingaseminaron the Reyes (financial data). Malvina Poilock (finance and and planning of the books and helped coordinate with World Development Indicators. aid), and Celine Thoreau of the OECD (migration). We the Office of the Publisher. wish to acknowledge the considerable assistance of Jean-Louis Grolleau of the OECD. who provided data External Affairs on aid flows. Stephanie Gerard and Joyce Gates in the Office of the Publisher helped with the production of the World Other parts Development Indicators, the Atlas, and the related CD- The maps on the inside covers were prepared by the ROM. Geoffrey Bergen, Phillip Hay, and Paul Zwaga of World Bank's Map Design Unit. The Partners section the External Affairs Vice Presidency assisted with the was coordinated and edited by Eric Swanson. The development of a communications strategy. Users guide was prepared by David Cieslikowski. Primary data documentation was coordinated and The Atlas written by David Cieslikowski. Statistical methods was Production was managed by David Cieslikowski. The written by Eric Swanson. Acronyms and abbreviations preparation of data benefited from the work on corre- was prepared by Estela Zamora. The index was col- sponding sections in the World Development lated by Eric Swanson and Amy Wilson. Indicators. William Prince assisted with systems sup- port and production of tables and graphs. The World Systems support Bank's Map Design Unit prepared the maps. Mehdi Akhlaghi was responsible for database man- agement and programming and overall systems sup- World Development Indicators CD-ROM port. In this he drew on the Development Data Design, programming, and production were carried Group's Systems Upgrade Team-in particular on out by Reza Farivari (the project leader) and his team: Reza Farivari and Tariqul Khan-led by Henry Burt. Mehdi Akhlaghi, Azita Amjadi, Elizabeth Crayford, Yusri Harun, Vasantha Hevaganinge, Angelo Kostopoulos, Administrative assistance and office technology Andre Lager, Patricia McComas, and William Prince. support Estela Zamora provided administrative assistance. Client feedback She was supported by Karen Adams and Premi We are also grateful to David Beckman of Bread for Rathan Raj. Office technology support was provided the World, Deborah Brautigan of American University, by Nacer Megherbi and Shahin Outadi. Eric Rodenberg of World Resources Institute, and Ditta Smith of The Washington Post, who, along with colleagues from the World Bank, gave their time to 1998 World Development Indicators 375 Bibliography ACDA (Arms Control and Disarmament Agency). Centro Latinoamericano de Demografia. Various 1996. "How Wide is the Border?" Amencan 1997. World Military Expenditures and Arms years. Boletin Oemografico. Santiago, Chile. Economic Review 86:112-25. Transfers 1996. Washington, D.C. Chamie, Joseph. 1994. 'Demography: Population Euromoney. 1997. September. Lonoon. Ahmad, Sultan. 1992. "Regression Estimates of Databases in Development Analysis." Journal of Eurostat (Statistical Office of the European Per Capita GDP Based on Purchasing Power Development Economics 44:131-46. Communities). Various years. Demographic Parities.' Policy Research Working Paper 956. 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World UNRISD (United Nations Research Institute for Shiklovanov, Igor. 1993. 'World Fresh Water Education Report. Paris: Oxford University Press. Social Development). 1977. Research Data Resources.P In Peter H. Gleick, ed., Water in - . 1997. Statistical Yearbook. Paris: Oxford Bank of Development Indicators. vol. 4. Notes on Crisis: A Guide to Fresh Water Resources. New University Press. the Indicators. Geneva. York: Oxford University Press. - . Forthcoming. World Education Report 1998. -. 1993. Monitoring Social Progress in the South Pacific Commission. 1997. Pacific Island Pars: Oxford University Press. 1990s: Data Constraints, Concerns, and Populations Data Sheet Noumea, New Caledonia. UNICEF (United Nations Children's Fund). 1997. Priorities. Avebury. Srinivasan, T.N. 1991. "Development Thought, The Progress of Nations. New York: Oxford U.S. Bureau of the Census. 1996. World Population Policy, and Strategy, Then and Now." Back- University Press. Profile 11996. Washington, D.C.: U.S. Government ground paper to World Development Report . Various years. The State of the World's Printing Office. 19911. World Bank, Washington, D.C. Children. New York: Oxford University Press. . 1998. HIV/AIDS Surveillance Database. .1994. "Database for Development Analysis: UNIDO (United Nations Industrial Development Washington, D.C. An Overview." Joumal of Development Economics Organization). 1996. Intemational Yearbook of U.S. Environmental Protection Agency. 1995. 44(1):3-28. Industrial Statistics 1997. Vienna. National Air Quality and Emissions Trends Report Standard & Poor's. 1998. Credit Week (January). United Nations. 1947. Measurement of National 1995. Washington. D.C. New York. Income and the Construction of Social Accounts. Walsh, Michael P. 1994. 'Motor Vehicle Pollution Sykes, Alan 0. 1995. Product Standards for New York. Control: An Increasingly Critical Issue for Internationally Integrated Goods Markets. . 1968. A System of National Accounts: Developing Countries." World Bank, Washington, D.C.: Brookings Institution. Studies and Methods, series F, no. 2, rev. 3. New Washington, D.C. -. "Strategies for Increasing Market Access York. Walton, Michael. 1997. "Will Global Advance Under Regulatory Heterogeneity." OECD Trade - . 1985. National Accounts Statistics: Compenr Include the World's Poor?' Paper prepared for Directorate TD/TC (96)8. Paris. dium of Income Distribution Statistics. New York. the Aspen Institute Conference, "Persistence Syrquin, Moshe. 1988. "Patterns of Structural - . 1990. Assessing the Nutritional Status of Poverty in Developing Countries: Determining Change." In Hollis Chenery and T.N. Srinivasan, Young Children. National Household Survey the Causes and Closing the Gaps," December eds., Handbook of Development Economics. vol. Capability Programme. New York. 1-4, Broadway, England. 1. Amsterdam: North Holland. - . 1991. The World's Women. 1970-90: WCMC (World Conservation Monitoring Centre). Stephenson, Sherry M. 1996."Standards and Trends and Statistics. New York. 1992. Global Biodiversity: Status of the Earth's Conformity Assessments as Nontariff Barriers to - . 1993a. International Trade Statistics Living Resources. London: Chapman and Hall. Trade." Policy Research Working Paper 1826. Yearbook. vol. 1. New York. . 1994. Biodiversity Data Sourcebook. World Bank, Development Research Group, . 1993b. Report on the World Social Cambridge: World Conservation Press. Washington, D.C. Situation, 1993. New York. Wellenius, Bjorn. 1997. 'Telecommunications Taylor, Alan M. 1996a. "International Capital . 1997. World Urbanization Prospects: The Reform-How to Succeed." In Suzanne Smith, Mobility in History: Purchasing Power Parity in the 1996 Revision. New York. ed.. The Private Sector in Infrastructure: Long Run." NBER Working Paper 5742. - . Various years. Energy Statistics Yearbook. Strategy, Regulation, and Risk. Washington, D.C.: -. 1996b. "International Capital Mobility in New York. World Bank. 9998 World Development Indicators 379 WHO (World Health Organization). 1977. - . 1993b. Purchasing Power of Currencies: World Bank Policy Research Report. International Classification of Diseases. ninth Comparing National Incomes Using ICP Data. - 1997f. World Development ino,cators 1997. revision. Geneva. Washington, D.C. Washington, D.C. - . 1990. World Health Statistics Quarterly 43(4). - . 1993c. World Development Report 1993: . 1997g. World Development Report 1997: - . 1991. Maternal Mortality: A Global Investing in Health. New York: Oxford University The State in a Changing World. New York: Oxford Factbook. Geneva. Press. University Press. - . 1994. Progress Towards Health forAll: .1994a. Global Economic Prospects and the . 1998. Global Development Finance 1998. Statistics of Member States. Geneva. Developing Countries 1994. Washington, D.C. Washington, D.C. - . 1995. World Health Statistics Quarterly - 1994b. World Development Report 1994: - Various issues. Commodity Markets and the 48(3/4). Infrastructure for Development. New York: Oxford Developing Countries (quarterly). Washington, D.C. - 1996a. Evaluating the Implementation of the University Press. - Various years. World Debt Tables. Strategy for Health for All by the Year 2000. - 1995a. Advancing Social Development: A Washington, D.C. Geneva. World Bank Contribution to the Social Summit. World Resources Institute, International Institute - 1996b. Water Supply and Sanitation Sector Washington, D.C. for Environment and Development, and IUCN Monitoring Report 1996. Geneva. - 1995b. Bureaucrats in Business: The (World Conservation Union). Varous years. - . 1997a. Global Tuberculosis Control Report Economics and Politics of Government World Directory of Country Environmental 1997. Geneva. Ownership. Washington, D.C. Studies. Washington, D.C. - 1997b. Monitoring Reproductive Health: - 1995c. Global Economic Prospects and the World Resources Institute, UNEP (United Nations Selecting a Short List of National and Global Developing Countries 1995. Washington, D.C. Environment Programme), and UNDP (United Indicators. Geneva. - 1995d. Priorities and Strategies for Nations Development Programme). 1994. World - . 1997c. Tobacco or Health: A Global Status Education: A Review. Washington, D.C. Resources 1994-95: A Guide to the Global Report 1997. Geneva. - . 1995e. Private Sector Development in Low- Environment. New York: Oxford University Press. - . 1997d. World Health Report 1997. Geneva. Income Countries. Washington, D.C. World Resources Institute, UNEP (United Nations - . Various years. World Health Statistics -. 1995f. Toward Gender Equality: The Role Environment Programme), UNDP (United Annual. Geneva. of Public Policy-An Overview. Washington, Nations Development Programme), and World WHO (World Health Organization) and UNICEF D.C. Bank. 1998. World Resources 1998-99: A (United Nations Children's Fund). 1996. - 1995g. World Development Report 1995: Guide to the Global Environment. New York: Revised 1990 Estimates on Matemal Mortality: Workers in an Integrating World. New York: Oxford University Press. A New Approach. Geneva. Oxford University Press. World Tourism Organization. 1997. Yearbook of Windham, Douglas M. 1988. Indicators of . 1996a. From Vision to Action in the Rural Tourism Statistics. vols. 1 and 2, 49 edc. Madrid. Educational Effectiveness and Efficiency. Sector. Agriculture Department. Washington, Zimmermann, Klaus F. 1995. "European Migration: Tallahassee, Fla.: Florida State University, D.C. Push and Pull." In Michael Bruno and Boris Educational Efficiency Clearinghouse. - . 1996b. Global Economic Prospects and the Pleskovic, eds., Proceedings of the World Bank Wolf, Holger C. 1997. 'Patterns of Intra- and Inter- Developing Countries 1996. Washington, D.C. Annual Conference on Development Economics State Trade." NBER Working Paper 5939. . 1996c. Livable Cities for the 21st Century. 1994. Washington, D.C.: World Bark. National Bureau of Economic Research, Washington, D.C. Cambridge, Mass. . 1996d. National Environmental Strategies: Wol/ensohn, James D. 1997. 'The Challenge of Learning from Experience. Environment Inclusion." Address to the Board of Governors, Department. Washington, D.C. 23 September, Hong Kong, China. . 1996e. Poverty Reduction and the World World Bank. 1990. World Development Report Bank: Progress and Challenges in the 1990s. 1990: Poverty. New York: Oxford University Washington, D.C. Press. . 1997a. Confronting AIDS: Public Priorities in . 1991a. Developing the Private Sector: The a Global Epidemic. A Policy Research Report. World Bank's Experience and Aporoach. Washington, D.C. Washington, D.C. . 1997b. Global Economic Prospects and the .1991b. World Development Report 1991: Developing Countries 1997. Washington, D.C. The Challenge of Development. New York: Oxford - . 1997c. Helping Countries Combat University Press. Corruption. Poverty Reduction and Economic - 1992. World Development Report 1992: Management Network. Washington, D.C. Development and the Environment. New York: . 1997d. Poverty Reduction and the World Oxford University Press. Bank: Progress in Fiscal 1996 and 1997. -. 1993a. The Environmental Data Book: A Washington, D.C. Guide to Statistics on the Environment and . 1997e. Private Capital Flows to Developing Development. Washington, D.C. Countries: The Road to Financial Integration. 380 1s99 World Development Indicators Index of indicators References are to table numbers. A aircraft departures 5.9 passengers carried 5.9 Agriculture Anemia, pregnant women 2.16 cereal production 3.2 Asylum seekers-See Migration yield 3.3 inputs B fertilizer consumption 3.2 pesticide consumption 3.2 Balance of payments labor force current account balance 4.16 as share of total labor force 1.5 goods and services 4.16 share of total labor force, male and female 2.5 gross international reserves 4.16 land net current transfers 4.16 arable, per capita 3.2 net income 4.16 hectares per worker 3.2 See also Exports; Imports; Private capital flows; Trade irrigated, as share of cropland 3.2 producer prices 5.6 Biological diversity production indexes assessment, date prepared, by country 3.13 crop production 3.3 species 3.4 food production 3.3 threatened species 3.4 livestock production 3.3 Birds-See Biological diversity, species Agriculture, value added annual growth of 1.4, 4.1 Birth rate, crude 2.2 as share of GDP 1.5, 4.2 per hectare of agricultural land 3.3 Births attended by health staff 2.15 per worker 3.3 Birthweight, low 2.16 Aid appropriations by DAC members 6.10 C net concessional flows from international financial institutions 6.13 Carbon dioxide emissions 1.6, 3.8 from United Nations agencies 6.13 net official development assistance and official aid Commodity prices and price indexes 6.5 by DAC members as share of GNP of doior country 6.10 Computers, personal 5.11 average change in volume 6.10 by recipient 6.12 Consumption by type 6.9 distribution of-See Income distribution major donors, by recipient 6.12 government, general per capita of donor cointry 6.10 annual growth of 4.9 total 6.9, 6.10, 6.12 as share of GDP 4.8 by recipients private aid dependency ratios 6.11 annual growth of 1.4. 4.9 per capita 6.11 as share of GDP 4.8 total 6.11 per capita, annual growth of 1.3, 4.9 untied aid from DAC members 6.10 per capita, on PPP terms 4.10 relative price level 4.11 Air pollution-See Pollution total 4.9 See also Purchasing power parity Air transport air freight 5.9 Contraceptive prevalence rate 2.15 1998 World Development Indicators 381. Credit, domestic share of cohort reach ng grace 4. male an' fen-ae 2. 1 from banking sector 5.4 enrollment ratio to private sector . gross, by leve 2. 10 to state-owned enterprises 5.8 ret primary, -ma e ard female 1.3 net. by level 2.10 Current account balance 4.16 pnmary level See also Balance of payments curator. 2.9 enrollment 1.3, 2 10 D pupil-teacher ratio 2.9 pubhc sperd ng on DAC (Development Assistance Committee)-See Aid per student, oy level 2.9 teachirg mater a, oy level 2.9 Death rate, crude 2.2 total 2.9 See also mortality rate pupils. share femeae. by leve. 2.12 teacners, share female. ne level 2.12 Debt, external debt service, total 4.18 Electricity IMF credit, use of 4.17 consumption 5.10 long-term 4.17 distr bution 1osses 5.10 present value 4.18 production private nonguaranteed annual growth of 5.10 as share of external debt 5.1 tota 3.9 total 4.17 sources of 3.9 public and pubijcly guaranteed as share of central government revenue 4.18 Employment debt service 4.18 agriculture. male and female 2.5 IBRD loans and IDA credits 4.17 cortnbutirg 'amily workers. -naoe atid female 2.4 total 4.17 employees, male ano fen ae 2.4 short-term 4.18 employers anc own-account vovorker. male and female 2.4 total 4.1 industry, male and fe-a e 2.5 services. male ard female 2.5 Defense state-owned enterprises 5.8 armed forces personnel share of labor force 5.7 Endangered species total 5.7 trade in. frequency of report ng 3 13 arms trade 5.7 See a.s B* o ogical divers :y, threatenec snec ex military expenditure as share of central government expenditure 5.7 Energy as share of GNP 5.7 comrercial use g-owtn 3.7 Deforestation 3.1 per capita 1 2, 3.7 total 3 7 Development progress 1.3 efficiency 3.8 emissions-See Pol ution Distribution of income or consumption-See Income distribution .mpo'ts, net 3.7 production, commero a~ 3.7 E traditional fuel use 3.8 See alsc Electric ty Education attainment Entry and exit reguiations expected years of schooling of adults, maJe and female 2.11 freedom of entry 5.3 progression to secondary school. male and female 2.11 repatriatior 382 1998 World Development Indicators of capital 5.3 other official flows 6.9 of income 5.3 private flows 6.9. 6.9 total 6.9 Environmental profile, date prepared 3.13 Foreign direct investment, net-See investment Environmental strategy. year adopted 3.13 Forest area 3.1 Euromoney country creditworthiness rating 5.3 Freshwater Exchange rates annual withdrawal arrangements 5.6 for agriculture 3.5 official, local currency units to U.S. dollars 5.6 for domestic use 3.5 ratio of official to parallel 5.6 for industry 3.5 real effective 5.6 share of total resources 3.5 See also Purchasing power parity volume of 3.5 resources per capita 3.5 Exports arms 5.7 G goods and services annual growth of 1.4 Gender differences as share of GDP 4.8 education 1.3, 2.11, 2.12 total 4.16 employment 2.3, 2.4, 2.5 merchandise illiteracy 1.2 from high-income OECD countries, by product 6.4 life expectancy 1.2 high technology 5.12 mortality 2.17 structure of 4.4 smoking 2.16 total 4.4 women per 100 men age 60 and above 2.1 value, annual growth of 6.2 volume, annual growth of 6.2, 6.3 Gini index 2.8 services See also Distribution-corrected private consumption per capita 1.3 structure of 4.6 total 4.6 Government, central within regional trade blocs 6.6 debt See also Trade as share of GDP 4.12 interest as share of total expenditure 4.12 F interest as share of current revenue 4.12 expenditures Fax machines 5.11 as share of GDP 5.1 by economic type 4.13 Fertility rate military 5.7 adolescent 2.15 total 4.12 total 2.15 financing unwanted 2.15 domestic 4.12 from abroad 4.12 Financial depth and efficiency-See Liquidity: Monetary indicators fiscal deficit 4.12 revenues, as share of GDP 1.5 Financial flows, net revenues, current from DAC members 6.10 nontax 4.14 See also Aid taxes 4.14, 5.5 from international financial institutions 6.13 total 4.12 official development assistance and official aid by DAC members 1998 World Development Indicators 383 Gross domestic investment (GDI) total, for other economies 1.6 annual growth of 4.9 as share of GDP 4.. immunization, cmld fixed, annual growth of 1.4 DPT, share of ch Idren urder 12 months 2 1 4 rmeasles, share of cridren rnder 12 r 'vs 2.14 Gross domestic product (GDP) annual growth of 4.1 imports nmplicit deflator-See Prices arms 5.7 total 4.2 goods and servces as share of GDP 48. Gross domestic savings (GDS) as share of GDP 4.8 total 4.16 merchandise Gross national product (GNP) structure o 4.5 annual growth of 1.1, 1.6 to hign.icome OECD councties, Dy Prduct 654 in 1996 U.S. dollars 1.1, 1.6 totai 4.5 per capita value, annua growth of 6.2, 6.3 annual growth of 1.1, 1.4, 1.6 volume, anrual growth of 6.2 in 1996 U.S. dollars 1.1, 1.6 services rank 1.1 structure ol 4.7 purchasing power parity total 4.7 in 1996 international dollars 1.1, 1.6 per capita, in 1996 international dollars 1.1. 1.6 Income distribution rank 1.1 Gini index 2 8 rank 1.1 percentage snare of 2.8 survey year 2.8 H Industry, value added Health care annual growtn of 1.4, 4.1 average length of stay, days 2.13 as share of GDP .4.2 hospital beds per 1,000 people 2.13 inpatient admission rate, share of population 2.13 Inflation-See Prices outpatient visits, per capita 2.13 physicians, per 1,000 people 2,13 Institutional Investor credit ratng 5.3 population share with access to 1.3, 2.14 _Integration, global economic incicators of 6.1 Health expenditure per capita 2.13 interest payments-See Government, central, det per capita, purchasmig power parity 2.13 private 2.13 Interest rates public 2.13 deposit rate 5.6 total 2.13 interest rate spread 5.4 lending rate 5.6 HIV-1 adult seroprevalence rea! 5.6 survey year 2.16 spread over LIBOR 5.4 urban high-risk group, share infected 2.16 women attending urban antenatal clinic, share infected 2.16 International Bank for Reconstruction and Development, net financial flows fror 6.13 Hospital beds-See Health care International Country Rik Guide I,RG, composite risk rating 5.3 International Development Association, net concessional flows from 6.13 Illiteracy rate, adult male and female 1.2 384 1998 World Development Indicators International Monetary Fund, net financial flows from 6.13 M Internet hosts 5.11 Malnutrition, children under 5 1.2, 2.16 Investment Mammals-See Biological diversity by state-owned enterprises 5.8 entry and exit regulations-See Entry and exit Manufacturing, value added foreign direct annual growth of 4.1 gross as share of GDP 4.2 as share of PPP GDP 6.1 structure of 4.3 net total 4.3 as share of GDP 5.1 as share of gross domestic investment 5.1 Migration total 6.8 foreign labor force in OECD countries as share of labor force 6.14 portfolio foreign population in OECD countries 6.14 bonds 6.8 inflows of foreign population equity 6.8 asylum seekers 6.14 private 5.1 total 6.14 See also Grcss domestic investment (GDI) Monetary indicators L claims on governments and other public entities 4.15 claims on private sector 4.15 Labor force agricultural, male and female 1.5, 2.5 Money and quasi money (M2) annual growth of 2.3 annual growth of 4.15 armed forces 5.7 as share of GDP 1.5 children 10-14 2.3 female 2.3 Moody's sovereign foreign currency long-term debt rating 5.3 foreign, in OECD countries 6.14 industry, male and female 2.5 Mortality rate services, male and female 2.5 adult, male and female 2.17 total 2.3 child, male and female 2.17 See also Migration children under five 1.3, 2.17 infants 1.3, 2.17 Land area maternal - 1.3, 2.15 arable-See Agriculture total 1.1. 1.6, 3.1 Motor vehicles passenger cars 4.1, 4.2 Land use, by type 3.1 per 1,000 people 3.11 per kilometer of road 3.11 Life expectancy at birth See also Roads 3.11 male and female 1.2 two-wheelers 3.11 total 1.6, 2.17 N Liquidity liquid liabilities 5.4 Nationally protected areas-See Protected areas quasi-liquid liabilities 5.4 See also Monetary indicators Newspapers, daily 5.11 Literacy-See Illiteracy rate 0 Long-term structural change 1.5 Official aid-See Aid 199S World Development Indicators 385 Official development assistance-See Aid urOan 2.7 survey year 2.7 P Power-See Electricity. production Patent applications filed 5.12 Prices Physicians-See Health care agr cultural procucer or ces maize 5.6 Plants, higher-See Biological diversity wheas 50. commocitv prices and price ndeAes 6.5 Pollution consumer, annual grovvth o' 4.15 nitrogen dioxide, selected cities 3.12 food, annual growth of 4.16 organic water pollutants, emissions of GDP implicit ceflator, annual g,coth cf 4. 1 by industry 3.6 per day 3.6 Private capital flows per worker 3.6 gross, as share of DPP GDP 6.1 sulfur dioxioe. selected cities 3.12 net suspended particulate matter, selected cities 3.12 bank and trace-related lenirag 6.8 fore:gn direct invesnreat 6.8 Population from DAC me-nbers 6.9 age dependency ratio 2.1 tota! 6.8 age groups portfoho irvestme-t 6.6 15-64 2.3 See also Investment 60 and above 1.4, 2.1 annual growth of 2.2 Protected areas annual growth of 2.1 share of total lano a,ea 3., density size of rural 3.1 total 1. 1, 1.6 Purchasing power parity foreign, in OECD countries 6.14 conversion facto' o 6 momentum 2.2 gross natioral product 11. 1.6 projected additional growth, by source 2.2 health expenditure, per cap ta 2.13 total 1.1, 2.1. 1.6 household expenoitures by category 0.10 urban private consumptiin per cap ta 4 10 in largest city 3.10 relative price levels n urban agglomerations 3.10 government consu'np'ion 4 11 in selected cities 3.12 gross private cotal format.or 4.11 share of total population 1.5, 3.10 private consump: cn 4 11 total 3.10 women per 100 men age 60 and above 2.1: Q See also Migration Quality of life 1.2 Poverty internationai poverty line R population elow 51 a day 2.7 popuation below $2 a day 2.7 Radio sets 5.11 poverty gap at $1 a day 2.7 poverty gap at $2 a day 2.7 Railways survey year 2.7 goods transported 5.9 national poverty line passengers 5.9 population below the poverty line national 2.7 Regional development banks, ret financial flows from 6.13 rural 2.7 386 1998 Worid Development Indicators Relative prices (PPP) overall balances of, befDre transfers 5.8 price level 4.11 proceeds from privatization of 5.8 private consumption 4.11 Stock markets Research and development IFC Investable index 5.2 expenditures for 5.12 listed domestic companies 5.2 scientists and engineers 5.12 market capitalization technicians 5.12 as share of GDP 5.2 total 5.2 Reserves, gross international-See Balance of payments turnover ratio 5.2 value traded 5.2 Roads goods transported 5.9 Sulfur dioxide emissions-See Pollution normalized road index 5.9 paved roads 5.9 Suspended particulate matter-See Pollution traffic 3.11 T Royalty and license fees payments 5.12 Tariffs receipts 5.12 all products mean tariff 6.1, 6.7 S standard deviation 6.7 manufactured goods Safe water, population with access mean tariff 6.7 as share of total 1.2, 2.14 standard deviation 6.7 rural 3.5 primary products urban 3.5 mean tariff 6.7 standard deviation 6.7 Sanitation, population with access as share of total 1.2, 2.14 Taxes and tax policies urban 3.10 duties on exports 5.5 Savings-See Gross domestic savings on imports 5.5 See also Tariffs Schooling-See education goods and services, domestic 5.5 highest marginal tax rate Services corporate 5.5 trade in-See Imports: Trade individual 5.5 value added income, profits. and capital gains 5.5 annual growth 1.4, 4.1 tax revenue 4.14, 5.5 as share of GDP 4.2 Telecommunications, international Size of the economy 1.1, 1.6 cost of call to U.S. 5.10 outgoing traffic 5.10 Smoking, prevalence of, male and female 2.16 Technology-See Computers, Exports, high technology; Standard & Poor's sovereign long-term debt rating 5.3 Fax machines; Internet hosts; Research and development; Telecommunications State-owned enterprises economic activity of 5.8 Telephones employment by 5.8 mainlines gross domestic credit held by 5.8 cost of local call 5.10 gross fixed domestic investment by 5.8 per 1,000 people net financial flows from government to 5.8 in largest city 5.10 1998 World Development Indicators 387 national 5.10 See also Roads per employee 5.10 revenue per line 5.10 Transport-See Air transport; Railways. Roads; Traffic waiting list 5.10 waiting time in years 5.10 Treaties, participation in mobile 5.11 CFC control 3.13 climate charge 3 13 Television Law of the Sea 3 13 cable subscribers per 1,000 people 5.11 ozone aye, 3.13 sets per 1.000 people 5.11 Trends in longterm economic development 1.4 Terms of trade, net barter 6.2 Tuberculosis 2.16 Threatened species-See Biological diversity U Tourism, international expenditure 6.15 Unemployment, male and fema e 2.6 inbound. by country 6.15 outbound, by country 6.15 UN, net concessional flows from 6.13 receipts 6.15 UNDP, net concessional flows from 6.13 Trade arms 5.7 UNFPA, net concessional flows from 6.13 direction of trade, by region 6.3 exports plus imports UNICEF, net concessional flows from 6.13 as share of PPP GDP 6.1 goods and services, as share of GDP 1.5 V mnerchandise as share of goods GDP 6.1 Value added nominal growth 6.2. 6.3 agnculture 1.4. 3.3. ' 1. 4.2 real, growth of 6.1 industry . 4.'. 4.2 See also Balance of paymcnts; Exports; Imports manufactur ng 4 I. 4.2. 4.3 services 1.4 -.1. 4.2 Trade blocs, regional 6.6 w Trade policies-See Tariffs 6.7 World Food Program 6.13 Traffic accidents, people injured or killed 3.11 World Bank-See International Bank for Reconstruction road traffic 3.11 and Development; International Development Association 6.13 388 1998 World Development Indicators A1s111:Redr survey Special offer If vou complete arnc return this questionnaire- before 30 Jure- 19928. wve vvill send ~ou a free copy of riext year's lVorld Bank A4Uas omen it is publiSh&d irn 1999. Please be sure to cornplete ttle miailing Iniformatioin on thie reverse side and mail or fax~ a COPY Of trie Cquestionnaire tO uJs immediately. Even if you can't W e need your help! flake thie dleadline. ee vould still like to hear from yo1u. we want to know what you think about the new World Development Indicators and how it compares with other sources of information you use. Your response wilt help us continue to improve the family of World Development Indicators products. ,i., H'ow d'o ..yo'u use the ...W orlid D"evel'o"pme'nt In-dicator,s'? 6. W"hat 'section"s d"o y'ou ref'er to' miost'? (Check as many as apply) ' World vi-e'w ..... . .... b Analysis and research 0 People o BSack'g'roun'd in'f'orma'ti"on for my wor"k" . 'nvr'm nt .. ... . . ...... .. o Reference source ~~~~ ~~~~~0 Glba links 0 Teaching or training tool o' Updat'e 'on ..w"or'l d i's s'ue s..... .. ..7. S'houl'd we ..a'dd'/sub'tract t'abl[e's o'rindi'cator'st"o"/fr'o"m a"nyoft"h'e.... o O. ther . .. .. se,cti1on,s?, Pl"ease lis't a"gai'ns't e'ach s'ec'tio'n.......... " ' 0 World view 2. How did you obtain the WDI? Q.People o . O'w"n pur"chase'.. .. . . ...' ..En ionmen ... . .. ... .. . . . . .. ... o 'E"mploy'e"rpu'rc'hase b Econ'om'y .. .. . . . .. .. . .. .... . .. b 6o-r-we-d... .... .. . .. .... . .. . .. .... (- state s a-n-d m' a-rkets. . .. ... . . .. .. ... . .. ... o L'ibr'ary .. ..... . ..O GlIoba'l lin"k"s . .. .. .. , , ' .. . 8. What.d yulike most about the WDI's design? 3 How d"o y'o'u rat"e th'e 'ov'erall u'seful"ness ..o f t h'e W D I? ("Ch e'c"k o ne) 0 Sec"tion i'ntr'oduct'ions" ..... ............ o Very useful 0 Tabular design o U'seful ... .. ... . ... . ... .. . . . 0 Com"men't'ary . ... ... . .. .. . ... ...... .. ...... o 'M"argi'nally 'useful .........0 Abou-t the d-ata . . o ' N 'ta 'all Ius"eful . ... .. ... . .. ... ... .. . .. .. ... . .. ... .. ' Def in it i'on-s ..an d ..D a ta ..sou'rces .. .. ...... . .... ... .... Ot"hier 'des'ign ..fea't'ures . ......... 4. What does the WDI offer that is not provided by other sources? 9i 'What'as'pects ..o'f t"he WD'I do 'you like least? What should b3e changed o Inf'o"rma'ti'on a"nd statistics or improved? o .. Backgro'undfor to'pi'cal economic e-vent-s -and -tren-ds 0 .. Sec-ti-on intro-d-u-ctio-n-s . . .. .. ...... ...... b.Isiht into the development process 0 Tabular design o An'alysis of s'tatisti'cal is"sues . . .... ....Co m m e n ta'ry ....... .. .......... o ' Ot'her.. ..' 'Abou"t the data"'. .... ... ..... . ....... ...... ...... ...... b ~~ "Defin'i'ti'ons and 'Data sourc'es . . . ... ... . . .. .. ...... . 0Other design features. S. How do you rate the WDl? . . ... (Checlk one box in each case) Excellent Good Adequate poor Accuracy Q Q0 Cov'eraige b0 0 0 9 Obje-ctivity' 0'-. ....0 ... . Presentation and readability 0 ~~~~~~~~~~~~~~0 0 .0 Technical in-formatio'n bQ Q Q Usefulness of indicators b Q0 1998 World Development Indicators 389 10. When see'king information on economic development and related (9 Economics subjects, how useful do you find the following sources? (9 Engineering Very Moderately Slightly Q Environmental sciences Books (9 Q b Finance/banking CD-ROM or diskette products b0 b i-ealth Colleagues 0 0 0 0 Information management Courses and seminars 0 (9 (9 ( Law Interne or online services ((99(9Natural sciences Journ als b9 (9 (9 Politics N4ews'papers b9 0 0 b Public affairs Other 0 (9 ( ( Other social sciences b Teaching 11. Please name one other source of information on economic development Q Other (please state) that you use regularly: 15. How large is your organization worldwide? o 99 or fewer employees o 100-999 employees o 1.000-9,999 employees 1.2. Do You also use the WDI CD-ROM or the World Bank Atlas? (9 10,000 or more emp,oyees Yes No CD-ROM (9 9 .16. How would you categorize your position in the organization where Atlas 0) ( you work? o Senior management (9 Consultant 13. How do you classify the organization where you work? (9 Middle management (9 Student b Central'ban'k (9 Professional staff or faculty (9 Other o Fi'nan'ce mrinistry" o Planning agency .17. What is your age? boOth~er govern'me'nt agency or pub'ic ente'rprise (9 Under 25 years (945-54 nears o Internatio-nal or re'gional organization C 53 er 56 er o Commercial bank or financial organization 0 36-44 years (9 65 years or olojer o' News media outlet b Oithier priv'ate enterprise 18. What is your highest level of educational attainment? o N'ongo'vernmental organization (9 Secondary education or upper leve b Po'licy/research institution 0 University level b 'Univ'ersity or coll'ege 0 Postgraduate work b Prim'ary or seco'ndary school (9 Other b Lib'rary . o Other 19. Finally, please tell us the country In which you are currently residing. 14. What are your areas of specialization? b9 'Administr'ation/mana'gement Thank you for completing this survey. Please use the space below or a separate sheet of paper to add any comments about this survey or to elaborate on any of your responses. Your information: Return a copy of this form to: (should you wish to provide it) Name Development Data Center The World Bank Organization 1818 H Street, N.W., Room MC2-812, Washington, D.C. 20433 UJSA Street aodress Fax: 202 522 1498 city For further information, contact the Development Data Center State/Province Tel: 800 590 1906 or 202 473 7824 Fax: 202 522 1498 Country, Postal code Email: info@worldbank.org " ..this may be the oniy source needed for international social and economic data." Choice Magazine 0 0 * 0r -o0 * 0 re.0 An award-winning series! Included in Choice Magazine's 34th annual Outstanding Academic Book list! The second annual edition of the World Bank's flagship statistical reference-World Development Indicators 1998. This award-win- ning publication provides an expanded view of the world economy for 148 countries-with chapters focusing on people, economy, envi- ronment, states and markets, world view, and global links as welU as introductions highlighting recent research on major development issues. The 1998 edition includes some key indicators for 1997. April 1998 390 pages Stock no. 14124 (ISBN 0-8213-4124-3) $60.00 This comprehensive database contains underlying time-series data for the World Development indicators and World Bank Atlas, now covering 1965-1996 for most indicators with some extending to 1997. Powerful features allow you to generate maps and charts and download your results to other software programs. Requires Windows 3.1?.' April 1998 Individual Version: Stock no. 14125 (ISBN 0-8213-4125-1) $275.00 Network Version: Stock no. 14126 (ISBN 0-8213-4126-X) $550.00 * I g1 : M- MA ^g*, 1f S0 One of the Bank's most popular offerings, the Atlas is designed as a companion to the World Development Indicators. Tables, charts, and colorful maps address the development themes of people, economy, environment, states and markets, world view, and global links. This easy-to-use, book is an international standard in statistical compilations and an ideal reference for office or classroom. Text, maps, and references appear in English, French, and Spanish. April 1998 64 pages Stock no. 14127 (ISBN 0-8213-4127-8) $20.00 X ! | World Bank Publications For US customers, contact The World Bank, P.O. Box 960, Herndon, VA 20172-0960. Phone: (703) 661-1580, Fax: (703) 661-1501. Shipping and handling; Us$5.00. For airmail delivery outside the US, charges are US$13.00 for one item plus Us$6.00 for each additional item. 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