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GDP:
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purchasing power parity - $1.55 trillion (2003 est.)
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GDP - real growth rate:
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0.4% (2003 est.)
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GDP - per capita:
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purchasing power parity - $26,700 (2003 est.)
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GDP - composition by sector:
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agriculture: 2.2%
industry: 28.9%
services: 68.9% (2003 est.)
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Investment (gross fixed):
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19.1% of GDP (2003)
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Population below poverty line:
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NA
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Household income or consumption by percentage share:
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lowest 10%: 2.1%
highest 10%: 26.6% (2000)
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Distribution of family income - Gini index:
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27.3 (1995)
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Inflation rate (consumer prices):
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2.7% (2003 est.)
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Labor force:
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24.15 million (2003 est.)
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Labor force - by occupation:
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agriculture 5%, industry 32%, services 63% (2001)
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Unemployment rate:
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8.6% (2003 est.)
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Budget:
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revenues: $668 billion
expenditures: $703.1 billion, including capital expenditures of NA (2003)
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Public debt:
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106.4% of GDP (2003)
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Industries:
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tourism, machinery, iron and steel, chemicals, food processing, textiles, motor vehicles, clothing, footwear, ceramics
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Industrial production growth rate:
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-0.5% (2003)
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Electricity - production:
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258.8 billion kWh (2001)
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Electricity - production by source:
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fossil fuel: 78.6%
hydro: 18.4%
other: 3% (2001)
nuclear: 0%
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Electricity - consumption:
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289.1 billion kWh (2001)
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Electricity - exports:
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556 million kWh (2001)
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Electricity - imports:
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48.93 billion kWh (2001)
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Oil - production:
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79,460 bbl/day (2001 est.)
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Oil - consumption:
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1.866 million bbl/day (2001 est.)
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Oil - exports:
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456,600 bbl/day (2001)
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Oil - imports:
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2.158 million bbl/day (2001)
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Oil - proved reserves:
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586.6 million bbl (1 January 2002)
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Natural gas - production:
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15.49 billion cu m (2001 est.)
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Natural gas - consumption:
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71.18 billion cu m (2001 est.)
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Natural gas - exports:
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61 million cu m (2001 est.)
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Natural gas - imports:
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54.78 billion cu m (2001 est.)
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Natural gas - proved reserves:
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209.7 billion cu m (1 January 2002)
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Agriculture - products:
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fruits, vegetables, grapes, potatoes, sugar beets, soybeans, grain, olives; beef, dairy products; fish
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Current account balance:
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$-22.28 billion (2003)
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Exports:
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$278.1 billion f.o.b. (2003 est.)
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Exports - commodities:
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engineering products, textiles and clothing, production machinery, motor vehicles, transport equipment, chemicals; food, beverages and tobacco; minerals and nonferrous metals
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Exports - partners:
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Germany 13.8%, France 12.3%, US 8.5%, Spain 7%, UK 6.9% (2003 est.)
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Imports:
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$271.1 billion f.o.b. (2003 est.)
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Imports - commodities:
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engineering products, chemicals, transport equipment, energy products, minerals and nonferrous metals, textiles and clothing; food, beverages and tobacco
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Imports - partners:
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Germany 17.9%, France 11.2%, Netherlands 5.8%, Spain 4.8%, UK 4.7%, Belgium 4.3%, US 4% (2003 est.)
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Reserves of foreign exchange & gold:
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$63.26 billion (2003)
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Debt - external:
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$868.5 billion NA (2003)
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Economic aid - donor:
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ODA, $1 billion (2002 est.)
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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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