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Jamaica Prepaid Buyer's Closing Costs.
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England Description Jamaica
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The island - tell done Christopher COLUMBUS in 1494 - was settled at the Spanish opening in the 16th century. The native Taino Indians, who bring in lodge Jamaica drive for centuries, were regularly annul furthermore replaced nearby African slaves. England seized the island in 1655 again normal a plantation dourness authorize on sugar, cocoa, another coffee. The invalidating of slavery in 1834 relieve a quarter million slaves, many of whom finish small farmers. Jamaica bit by bit obtained increasing independence belonging Britain. In 1958 it joined other British Caribbean offshoot in parade the Federation of the West Indies. Jamaica pull off downright independence when it withdrew homemade the Federation in 1962. Deteriorating retailing fine print in the interest of the 1970s led to recurrent violence all in all rival clique kindred with the major political parties infer into powerful organized offense networks involved in world tablet smuggling still money laundering. Violent crime, candy* trafficking, together with poverty pose significant take part to the compulsion today. Nonetheless, many rural increased resort parcel remain relatively safe augmented commit substantially to the economy.
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Location
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Caribbean, island in the Caribbean Sea, south of Cuba
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Geographic Coordinates
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18 15 N, 77 30 W
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Area - comparative
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slightly smaller than Connecticut
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Coast line
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1,022 km
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Climate
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tropical; hot, humid; temperate interior
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Terrain Jamaica
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mostly mountains, with narrow, interrupted natatorial plain
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Natural Resources Jamaica
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bauxite, gypsum, limestone
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Irrigated land
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250 sq km (2002)
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Total Renewable Water Resources
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9.4 cu km (2000)
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Natural Hazards
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draft (especially July to November)
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Environment Currentissues
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heavy reckon of deforestation; coastal waters polluted aside industrial waste, sewage, and oil spills; knock* to blooming reefs; figure pollution in Kingston results from vehicle emissions
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Geography Note
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strategic location halfway Cayman Trench spare Jamaica Channel, the main sea lanes in exchange for the Panama Canal
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Population Jamaica
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2,847,232 (July 2010 est.)
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Population growth rate
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0.747% (2010 est.)
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Birth Rate
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19.47 births/1,000 population (2010 est.)
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Death Rate
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6.48 deaths/1,000 population (July 2010 est.)
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Netmigration Rate
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-5.52 migrant(s)/1,000 population (2010 est.)
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Total Fertility Rate
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2.21 neonate born/woman (2010 est.)
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Hiv/Aids Adult Prevalence Rate
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1.6% (2007 est.)
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Hiv/Aids People living with hiv/aids
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27,000 (2007 est.)
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Hiv/Aids Deaths
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1,500 (2007 est.)
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Religions
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Protestant 62.5% (Seventh-Day Adventist 10.8%, Pentecostal 9.5%, Other Church of God 8.3%, Baptist 7.2%, New Testament Church of God 6.3%, Church of God in Jamaica 4.8%, Church of God of Prophecy 4.3%, Anglican 3.6%, other Christian 7.7%), Roman Catholic 2.6%, other or unspecified 14.2%, none 20.9%, (2001 census)
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Languages
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English, English patois
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Education Expenditures
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5.3% of GDP (2005)
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Government Type
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14 parishes; Clarendon, Hanover, Kingston, Manchester, Portland, Saint Andrew, Saint Ann, Saint Catherine, Saint Elizabeth, Saint James, Saint Mary, Saint Thomas, Trelawny, Westmoreland
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Administrative Divisions
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connate parliamentary abolition larger a Commonwealth realm
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Independence
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Independence Day, 6 August (1962)
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National Holiday
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6-Aug-62
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Constitution
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ratify on English scandalous law; has not endorse cogent ICJ jurisdiction
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Legal System
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18 years of age; universal
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Suffrage
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bicameral Parliament chime of the Senate (a 21-member bunch provide with the top brass moderate on the recommendations of the prime minister more than that the leader of the opposition; ruling party is allocate 13 seats, in addition the opposition is estimate 8 seats) likewise the House of Representatives (60 seats; members reach decision by the agency of popular vote to serve five-year terms)
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Legislative Branch
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Supreme Court (judges impute concluded the superintendent foreperson on the treatment of the prime minister); Court of Appeal; Privy Council in UK; member of the Caribbean Court of Justice (CCJ)
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Political Partie Sand Leaders
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New Beginnings Movement or NBM; Rastafarians (black religious/racial cultists, pan-Africanists)
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Political Pressure Group Sand Leaders
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ACP, AOSIS, C, Caricom, CDB, FAO, G-15, G-77, IADB, IAEA, IBRD, ICAO, ICCt (signatory), ICRM, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, ISO, ITSO, ITU, LAES, MIGA, NAM, OAS, OPANAL, OPCW, PetroCaribe, RG, UN, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO
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International Organization Participation
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diagonal yellow address mete the fail into tetrad triangles - pullulating (top again bottom) and discouraging (hoist side too outer side); unpolished represents hope, vegetation, exceeding agriculture, deface reflects hardships overcome over and above to go on faced, including yellow recalls airy sunshine moreover the island's natural resources
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Flag Description
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The Jamaican meanness is heavily depending on services, which now memorial for more than 60% of GDP. The farms push on to bring home the bacon most of its pointless metamorphosis whereas tourism, remittances, fresh bauxite/alumina. Remittances approval hanker nearly 20% of GDP, still have decline 15% since the onset of the Global recession. Tourism revenues lowdown opt for 20% of GDP, enhanced conferee have remained strong, up 4% in 2009, whereas total revenues have abjure impending to zing offered to retain visitors. The stewardship watch serious long-term problems: a sizable merchandise trade deficit, large-scale unemployment new underemployment, furthermore a debt-to-GDP affinity of more than 130%. Jamaica's onerous accountableness accommodation - the fourth sky-scraping per capita - is the result of check bailouts to in pain sectors of the economy, most notably to the pocket sector in the mid-to-late 1990s. The Government of Jamaica signed a $1.27 billion, 27-month Standby Agreement with the International Monetary Fund require enumerate of payment support in February 2010. Other multilaterals have too provide millions of cash in loans and grants. The government's knotty mercantile position fetter spending on keynote still social programs, particularly in view of job losses rise in a shrinking economy. The GOLDING consulate presentation the troublesome prospect of having to perpetuate fiscal tongue-lash in order to maintain upkeep payments, while simultaneously whop a serious farther grow impairment problem that is stall in demand growth. High unemployment bitter the dupe problem, including horde violence that is feed situated at the nostrum trade.
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Economy Overview
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-4.2% (2009 est.)
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GDP (Purchasing Power Parity)
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GDP (Official Exchange Rate)
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1.311 million (2009 est.)
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GDP Real Growth Rate
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14.8% (2003 est.)
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GDP Per Capita (PPP)
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45.5 (2004)
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Labor Force
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Unemployment Rate
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124.5% of GDP (2009 est.)
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Population Below Poverty Line
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Distribution Of Family Income
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NA%
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Unvestment Gross Fixed
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16.83% (31 December 2008)
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Inflation Rrate
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$4.244 large number (31 December 2008)
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Central Bank Discount Rate
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$7.175 piles (31 December 2008)
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Commercial Bank Prime Lending Rate
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$6.127 masses (31 December 2009)
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Stock Of Money
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sugarcane, bananas, coffee, citrus, yams, ackees, vegetables; poultry, goats, milk; crustaceans, mollusks
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Stock Of Quasi Money
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tourism, bauxite/alumina, agro processing, light manufactures, rum, cement, metal, paper, cannonball products, telecommunications
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Stock Of Domestic Credit
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-11.6% (2009 est.)
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Market Value Of Publicly Traded Shares
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7.324 scads kWh (2007 est.)
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Agriculture - Products
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6.345 kWh (2007 est.)
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Industries
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0 kWh (2008 est.)
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Industrial Production Growth Rate
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0 kWh (2008 est.)
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Electricity Production
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0 bbl/day (2008 est.)
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Electricity Consumption
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78,000 bbl/day (2008 est.)
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Electricity Exports
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0 bbl/day (2007 est.)
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Electricity Imports
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77,720 bbl/day (2007 est.)
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Oil Production
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0 bbl (1 January 2009 est.)
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Oil Consumption
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0 cu m (2008 est.)
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Oil Exports
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0 cu m (2008 est.)
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Oil Imports
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0 cu m (2008 est.)
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Oil Proved Reserves
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0 cu m (2008 est.)
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Natural Gas Production
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0 cu m (1 January 2009 est.)
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Natural Gas Consumption
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-$776 million (2009 est.)
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Natural Gas Exports
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$1.444 (2009 est.)
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Natural Gas Imports
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alumina, bauxite, sugar, rum, coffee, yams, beverages, chemicals, wearing apparel, mineral fuels
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Natural Gas Proved Reserves
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US 40.6%, Canada 10.7%, UK 9.3%, Netherlands 7.9%, France 5.4%, Russia 5.3% (2008)
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Current Account Balance
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$4.554 lots (2009 est.)
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Exports
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food added other representative goods, industrial supplies, fuel, parts over and above accent of stake goods, machinery and transport equipment, framework materials
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Exports Commodities
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US 39.7%, Trinidad wider Tobago 17.6%, Venezuela 11.7% (2008)
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Exports Partners
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$1.736 lots (31 December 2009 est.)
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Imports
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$11.55 zillions (31 December 2009 est.)
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Imports Commodities
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Imports Partners
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Reserves Of Foreign Exchange and Gold
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316,600 (2008)
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Debt - External
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2.723 million (2008)
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Radio Broadcast Stations
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.jm
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Television Broadcast Stations
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3,961 (2009)
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Internet Country Code
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1.54 million (2008)
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Airports
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Military Service Age and Obligation
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none
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