A. COUNTRY DATA 1. PROFILE - POPULATION: 7.5 MILLION - POPULATION GROWTH RATE: 2.5 % - RELIGION: CATHOLIC - GOVERNMENT SYSTEM: A STABLE DEMOCRACY. SINCE 1966 THERE HAVE BEEN ELECTIONS EVERY FOUR YEARS. PRESIDENTIAL ELECTIONS WERE HELD IN MAY 1994. - LANGUAGES: SPANISH. ENGLISH IS WIDELY SPOKEN IN THE BUSINESS COMMUNITY. - WORK WEEK: GOVERNMENT: MONDAY-FRIDAY, 7:30 AM - 2:30 PM - PRIVATE SECTOR: MONDAY-FRIDAY, 8:00 AM - 5:00 PM 2. DOMESTIC ECONOMY - 1993 1994 1995 (E) GDP 8689.0 8906.2 N/A GDP GROWTH RATE 3.0% 2.5% N/A GDP PER CAPITA 1158.0 1158.0 N/A GOVERNMENT SPENDING - AS % GDP 18.5% N/A INFLATION % 2.9% 12.0% N/A UNEMPLOYMENT % 30.0% 30.0% N/A FOREIGN EXCHANGE - RESERVES 589.0 1/ 200.0 N/A AVERAGE EXC. RATE FOR - USD 1.00 (OFFICIAL) 12.5 12.5 N/A - (MARKET-DETERMINED) 13.1 N/A FOREIGN DEBT 4685.4 4185.0 N/A U.S. ECONOMIC MILITARY - ASSISTANCE 1.3 0.6 0.2 3. TRADE TOTAL COUNTRY EXPORTS 530.4 2/ 530.9 478.7 TOTAL COUNTRY IMPORTS 2118.4 2/ 2224.3 2335.5 U.S. EXPORTS 2349.5 3/ 2584.5 2842.9 U.S. IMPORTS 2671.5 3/ 2938.7 3232.5 U.S. SHARE OF IMPORTS % 65% 65% 65% IMPORTS OF MANUFACTURED - GOODS TOTAL (FROM WORLD) 2095.5 2200.3 2310.3 FROM THE U.S. 1362.1 2/ 1430.2 1501.7 U.S. SHARE OF MANUFACTURED - IMPORTS % 65% 65% 65% MANUFACTURED GOODS TRADE - BALANCE WITH U.S. 220.6 231.6 243.2 PROJECTED AVERAGE ANNUAL - GROWTH RATE FROM WORLD - THROUGH 1996 % 5% PROJECTED AVERAGE ANNUAL - GROWTH RATE FROM U.S. - THROUGH 1996 % 5% 1/ CENTRAL BANK OF THE DOMINICAN REPUBLIC STATISTICS. 2/ CENTRAL BANK OF THE DOMINICAN REPUBLIC STATISTICS. THESE STATISTICS DO NOT INCLUDE FREE TRADE ZONE OPERATIONS. 3/ U.S. DEPARTMENT OF COMMERCE STATISTICS INCLUDE FREE TRADE ZONE OPERATIONS. - 1993 1994 1995 (E) IMPORTS OF AGRICULTURAL - GOODS TOTAL (FROM WORLD) 319.0 1/ 315.0 3/ 321.0 3/ FROM THE U.S. 287.0 2/ 275.0 3/ 293.0 3/ U.S. SHARE OF AGRI- - CULTURAL IMPORTS 70% 3/ 68% 3/ 72% 3/ AGRICULTURAL GOODS TRADE - BALANCE WITH U.S. (-45) (-41) (-45) 1/ GOVERNMENTAL SOURCES 2/ U.S. DEPARTMENT OF COMMERCE STATISTICS 3/ AGATT ESTIMATES BILATERAL TRADE BALANCES WITH THREE LEADING PARTNERS IN 1993 (US$ MILLIONS): UNITED STATES 0.4 1/ JAPAN -226.9 2/ KOREA -95.8 3/ 1/ U.S. DEPARTMENT OF COMMERCE STATISTICS 2/ JAPANESE EMBASSY IN THE D.R. STATISTICS 3/ KOREAN EMBASSY IN THE D.R. STATISTICS PRINCIPAL U.S. EXPORTS: HARMONIZED SYSTEM COMMODITY VALUE CODE NUMBER (US$MILLIONS) 6203 MEN'S OR BOYS' SUITS, ENSEMBLES ETC. 240.8 9018 MEDICAL, SURGICAL, DENTAL OR VET INSTRUMENTS 100.5 6204 WOMEN'S OR GIRLS' SUITS, ENSEMBLES ETC. 99.9 6212 BRAS, GIRDLES, GARTERS ETC. 92.7 1005 CORN (MAIZE) 71.9 PRINCIPAL U.S. IMPORTS: 6203 MEN'S OR BOYS' SUITS, ENSEMBLES ETC. 413.2 6204 WOMEN'S OR GIRLS' SUITS, ENSEMBLES ETC. 312.4 6406 PARTS OF FOOTWEAR 207.7 9018 MEDICAL, SURGICAL, DENTAL OR VET INSTRUMENTS 134.4 6212 BRAS, GIRDLES, GARTERS ETC. 119.5 4. INVESTMENT SEE STATISTICS IN SECTION VII. ON INVESTMENT CLIMATE (PAGES 39-40)0