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GDP:
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purchasing power parity - $1.661 trillion (2003 est.)
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GDP - real growth rate:
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0.5% (2003 est.)
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GDP - per capita:
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purchasing power parity - $27,600 (2003 est.)
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GDP - composition by sector:
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agriculture: 2.7%
industry: 24.4%
services: 72.9% (2003 est.)
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Investment (gross fixed):
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19.2% of GDP (2003)
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Population below poverty line:
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6.5% (2000)
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Household income or consumption by percentage share:
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lowest 10%: 2.8%
highest 10%: 25.1% (1995)
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Distribution of family income - Gini index:
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32.7 (1995)
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Inflation rate (consumer prices):
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2.1% (2003 est.)
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Labor force:
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27.39 million (2003 est.)
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Labor force - by occupation:
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agriculture 4.1%, industry 24.4%, services 71.5% (1999)
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Unemployment rate:
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9.7% (2003 est.)
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Budget:
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revenues: $882.8 billion
expenditures: $955.4 billion, including capital expenditures of $23 billion (2003 est.)
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Public debt:
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68.8% of GDP (2003)
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Industries:
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machinery, chemicals, automobiles, metallurgy, aircraft, electronics; textiles, food processing; tourism
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Industrial production growth rate:
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-0.3% (2003)
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Electricity - production:
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520.1 billion kWh (2001)
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Electricity - production by source:
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fossil fuel: 8.2%
hydro: 14%
other: 0.7% (2001)
nuclear: 77.1%
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Electricity - consumption:
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415.3 billion kWh (2001)
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Electricity - exports:
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72.6 billion kWh (2001)
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Electricity - imports:
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4.2 billion kWh (2001)
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Oil - production:
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34,920 bbl/day (2001 est.)
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Oil - consumption:
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2.026 million bbl/day (2001 est.)
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Oil - exports:
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409,600 bbl/day (2001)
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Oil - imports:
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2.281 million bbl/day (2001)
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Oil - proved reserves:
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144.3 million bbl (1 January 2002)
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Natural gas - production:
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1.898 billion cu m (2001 est.)
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Natural gas - consumption:
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42.01 billion cu m (2001 est.)
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Natural gas - exports:
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1.725 billion cu m (2001 est.)
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Natural gas - imports:
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40.26 billion cu m (2001 est.)
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Natural gas - proved reserves:
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12.86 billion cu m (1 January 2002)
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Agriculture - products:
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wheat, cereals, sugar beets, potatoes, wine grapes; beef, dairy products; fish
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Current account balance:
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$13.8 billion (2003)
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Exports:
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$346.5 billion f.o.b. (2003 est.)
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Exports - commodities:
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machinery and transportation equipment, aircraft, plastics, chemicals, pharmaceutical products, iron and steel, beverages
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Exports - partners:
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Germany 14.9%, Spain 9.6%, UK 9.4%, Italy 9.3%, Belgium 7.2%, US 6.8% (2003 est.)
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Imports:
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$339.9 billion f.o.b. (2003 est.)
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Imports - commodities:
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machinery and equipment, vehicles, crude oil, aircraft, plastics, chemicals
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Imports - partners:
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Germany 19.1%, Belgium 9.4%, Italy 9%, Spain 7.4%, Netherlands 7%, UK 7%, US 5.4% (2003 est.)
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Reserves of foreign exchange & gold:
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$70.76 billion (2003)
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Debt - external:
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NA
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Economic aid - donor:
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ODA, $5.4 billion (2002)
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Currency:
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euro (EUR)
note: on 1 January 1999, the European Monetary Union introduced the euro as a common currency to be used by financial institutions of member countries; on 1 January 2002, the euro became the sole currency for everyday transactions within the member countries
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Currency code:
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EUR
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Exchange rates:
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euros per US dollar - 0.886 (2003), 1.0626 (2002), 1.1175 (2001), 1.0854 (2000), 0.9386 (1999)
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