Gabon's oil revenues have given it a strong per capita GDP of $5,900, extremely high for the region. On the other hand, a skewed income distribution and poor social indicators are evident. The richest 20% of the population receives over 90% of the income, and about a third of Gabonese live in poverty. The economy is highly dependent on extraction of abundant primary materials. After oil, logging and manganese mining are the other major sectors. Foreign and Gabonese observers have consistently lamented the lack of transformation of primary materials in the Gabonese economy. Various factors have so far stymied more diversification--small market of 1 million people, dependence on French imports, inability to capitalize on regional markets, lack of entrepreneurial zeal among the Gabonese, and the fairly regular stream of oil "rent". The small processing and service sectors are largely dominated by just a few prominent local investors. At World Bank and IMF insistence, the government embarked on a program of privatization of its state-owned companies and administrative reform, including reducing public sector employment and salary growth, but progress has been slow.