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Economic Development of Central America Econ. 4200 - Spring 2004 – Dr. Taylor - page 93 / 153

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President: Ricardo Maduro (2002).

Capital: Tegucigalpa, 1,436,000 (metro. area).

Ethnicity/race: mestizo (mixed Indian and European) 90%, Indian 7%, black 2%, white 1% .

Currency: 1 lempira (L) = 100 centavos.

GDP: purchasing power parity—$ 16.29 billion: GDP—real growth rate: 2.5%; GDP—per capita: purchasing power parity—$2,500.

Inflation rate (consumer prices): 7.7%:  Unemployment: 28%.

Exports: $1.3 billion (f.o.b., 2002 est.): coffee, bananas, shrimp, lobster, meat; zinc, lumber (2000).

Imports: $2.7 billion (f.o.b., 2002 est.): machinery and transport equipment, industrial raw materials, chemical products, fuels, foodstuffs (2000).

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