Labor force: 5 million (1999)

Labor force - by occupation: services 60%, industry 30%, agriculture
10% (1999 est.)

Unemployment rate: 4.3% (2000 est.)

Budget: revenues: $48.6 billion

expenditures: $50.7 billion, including capital expenditures of $7.7
billion (2000 est.)

Industries: textiles and footwear; wood pulp, paper, and cork;
metalworking; oil refining; chemicals; fish canning; wine; tourism

Industrial production growth rate: 2.9% (1999 est.)

Electricity - production: 41.696 billion kWh (1999)

Electricity - production by source: fossil fuel: 79.97%

hydro: 17.25%

nuclear: 0%

other: 2.78% (1999)

Electricity - consumption: 37.915 billion kWh (1999)

Electricity - exports: 4.49 billion kWh (1999)

Electricity - imports: 3.628 billion kWh (1999)

Agriculture - products: grain, potatoes, olives, grapes; sheep,
cattle, goats, poultry, beef, dairy products

Exports: $26.1 billion (f.o.b., 2000 est.)

Exports - commodities: clothing and footwear, machinery, chemicals,
cork and paper products, hides

Exports - partners: EU 83% (Germany 20%, Spain 18%, France 14%, UK
12%, Netherlands 5%, Benelux 5%, Italy), US 5% (1999)

Imports: $41 billion (f.o.b., 2000 est.)

Imports - commodities: machinery and transport equipment, chemicals,
petroleum, textiles, agricultural products

Imports - partners: EU 78% (Spain 25%, Germany 15%, France 11%,
Italy 8%, UK 7%, Netherlands 5%), US 3%, Japan 3% (1998)

Debt - external: $13.1 billion (1997 est.)

Economic aid - donor: ODA, $271 million (1995)

Currency: Portuguese escudo (PTE); euro (EUR)

note: on 1 January 1999, the EU introduced the euro as a common
currency that is now being used by financial institutions in
Portugal at a fixed rate of 200.482 Portuguese escudos per euro and
will replace the local currency for all transactions in 2002

Currency code: PTE; EUR

Exchange rates: euros per US dollar - 1.0659 (January 2001), 1.0854
(2000), 0.9386 (1999); Portuguese escudos per US dollar - 180.10
(1998), 175.31 (1997), 154.24 (1996)

Fiscal year: calendar year

Portugal Communications

Telephones - main lines in use: 5.3 million (end 1998)

Telephones - mobile cellular: 3,074,194 (1999)

Telephone system: general assessment: undergoing rapid development
in recent years, Portugal's telephone system, by the end of 1998,
achieved a state-of-the-art network with broadband, high-speed
capabilities and a main line telephone