Papua New Guinea - Economic sectors

Papua New Guinea is heavily dependent on the development of its natural resources. Its rich mineral deposits make the country a leading world supplier of gold and copper. Mining began on a large scale in the 1970s and rapidly surpassed agriculture as the largest source of export earnings. However, the mining industry is concentrated in a few areas and does not employ many people. Most of the population still depends on subsistence

agriculture for its livelihood. The manufacturing and service sectors remain extremely small in comparison. In 1999, agriculture represented 25 percent of GDP, industry represented 35 percent, and services 40 percent. Papua New Guinea's mineral-based economy is subject to world market fluctuations in commodity demand and prices.

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