Amazon Rainforest Economy



The Amazon Rainforest economy can be gauged by studying the economy of the countries forming the Amazon rainforest region:

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Brazil:

The rapidly developing economy of the country has made it to be grouped as one of the BRIC countries - Brazil, Russia, India and China.

As a growing economy, the Services sector is the predominant occupation of the people, with more than 50% of the population engaged in it.

It is an oil and natural gas rich country. Oil reserves are around 16 billion barrels. Natural gas reserves are around 240 billion cu.m.

Per capita electrical consumption is about 1900 kwh, while per capita oil consumption is 0.01 barrel per day.

Bolivia:

One of the poorest countries of the Amazon rainforest economy region with majority of the population being poor. Like Brazil, more than 50% of the population is engaged in the Service sector.

Agricultural products include soybeans, coffee, coca, cotton, corn, sugarcane, rice, potatoes, timber etc, while the industrial products include mining, smelting, petroleum, food and beverages, tobacco, handicrafts, clothing.

Per capita electrical consumption is about 440 kwh, while per capita oil consumption is 0.005 barrel per day.

Oil and natural gas rich country, it exports natural gas to other countries. Oil reserves are around 450 million barrels. Natural gas reserves are around 680 billion cu.m.

Colombia:

A country of the Amazon Rainforest economy region recovering from economic setbacks. Majority of the people engaged in the Service sector, high unemployment rate, rich in oil and natural gas.

Agricultural products include coffee, cut flowers, bananas, rice, tobacco, corn, sugarcane, cocoa beans, oilseed, vegetables; forest products; shrimp, while the industrial products include textiles, food processing, oil, clothing and footwear, beverages, chemicals, cement; gold, coal, emeralds.

Per capita electrical consumption is about 1120 kwh, while per capita oil consumption is 0.006 barrel per day.

Ecuador:

A country of high natural resources like petroleum, majority of the population of this Amazon Rainforest economy regions are engaged in the Service sector. Unemployment rate is high.

Agricultural products include bananas, coffee, cocoa, rice, potatoes, manioc (tapioca) etc, while the industrial products include petroleum, food processing, textiles, wood products and chemicals.

Per capita electrical consumption is about 800 kwh, while per capita oil consumption is 0.01 barrel per day.

Oil export is around 400,000 barrels per day. Natural gas reserves are around 10 billion cu.m.

French Guiana:

Thickly forested country, accounting for export of saw wood and income for this Amazon rainforest economy nation. Since the country is thickly forested, the majority of the people live around the coastal areas.

Unemployment rate is high, majority of the people being engaged in the Service sector of the economy. The French space center at Kourou provides for a substantial income for the country's economy.

Agricultural products include corn, rice, manioc (tapioca), sugar, cocoa, vegetables, bananas etc. Some of the industries include construction, shrimp processing, forestry products, rum and gold mining.

Per capita electrical consumption is about 2163 kwh, while per capita oil consumption is 0.033 barrel per day.

Guyana:

Agricultural products include sugarcane, rice, wheat, vegetable oils etc, while the industries include bauxite, sugar, rice milling, timber, textiles, gold mining.

Per capita electrical consumption is about 945 kwh, while per capita oil consumption is 0.015 barrel per day.

Peru:

Agricultural products include coffee, cotton, sugarcane, rice, potatoes, corn etc while the industries include mining and refining of minerals; steel, metal fabrication; petroleum extraction and refining, natural gas; fishing and fish processing, textiles, clothing, food processing.

Per capita electrical consumption is about 745 kwh, while per capita oil consumption is 0.0055 barrel per day. Oil export is around 50000 barrels per day. Natural gas reserves are around 250 billion cu.m.

Suriname:

Agricultural products include paddy rice, bananas, palm kernels, coconuts, plantains, peanuts; beef, chickens; shrimp; forest products, while the industries include bauxite and gold mining, alumina production; oil, lumbering, food processing, fishing.

Per capita electrical consumption is about 4265 kwh, while per capita oil consumption is 0.032 barrel per day. Oil reserves are around 150 million barrels.


Venezuela:

Among the Amazon Rainforest economy countries which are rich in oil and natural gas reserves, Venezuela is one of the biggest oil exporting countries of the world.

Unemployment rate is high, while the majority of the people are engaged in the Service sector.

Agricultural products include corn, sorghum, sugarcane, rice, bananas, vegetables, coffee etc while the industries include petroleum, construction materials, food processing, textiles; iron ore mining, steel, aluminum; motor vehicle assembly.

Per capita electrical consumption is about 3160 kwh, while per capita oil consumption is 0.02 barrel per day.

Oil exports are around 2 million barrels per day. Oil reserves are around 76 billion barrels. Natural gas consumption is around 30 billion cu.m, while natural gas reserves are around 4 trillion cu.m.

[Source : C.I.A. The World Factbook]


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