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15 members of the Economic and Monetary Union (EMU); individual members of the EMU do not control the quantity of money and quasi money circulating within their own borders Stock of quasi money: NA Stock of domestic credit: $4.105 trillion (31 December 2007) Agriculture - products: wheat, cereals, sugar beets, potatoes, wine grapes; beef, dairy products; fish Industries: machinery, chemicals, automobiles, metallurgy, aircraft, electronics; textiles, food processing; tourism Industrial production growth rate: 1.8% (2007 est.) Electricity - production: 537.9 billion kWh (2007 est.) Electricity - consumption: 447.3 billion kWh (2006 est.) Electricity - exports: 67.6 billion kWh (2007 est.) Electricity - imports: 10.78 billion kWh (2007 est.) Electricity - production by source: fossil fuel: 8.2% hydro: 14% nuclear: 77.1% other: 0.7% (2001) Oil - production: 69,680 bbl/day (2007 est.) Oil - consumption: 1.95 million bbl/day (2007 est.) Oil - exports: 584,700 bbl/day (2005) Oil - imports: 2.465 million bbl/day (2005) Oil - proved reserves: 119.8 million bbl (1 January 2008 est.) Natural gas - production: 953 million cu m (2007 est.) Natural gas - consumption: 42.69 billion cu m (2007 est.) Natural gas - exports: 966 million cu m (2007 est.) Natural gas - imports: 42.9 billion cu m (2007 est.) Natural gas - proved reserves: 7.277 billion cu m (1 January 2008 est.) Current account balance: -$31.25 billion (2007 est.) Exports: $546 billion f.o.b. (2007 est.) Exports - commodities: machinery and transportation equipment, aircraft, plastics, chemicals, pharmaceutical products, iron and steel, beverages Exports - partners: Germany 14.9%, Spain 9.3%, Italy 8.9%, UK 8.1%, Belgium 7.3%, US 6.1%, Netherlands 4.1% (2007) Imports: $600.9 billion f.o.b. (2007 est.) Imports - commodities: machinery and equipment, vehicles, crude oil, aircraft, plastics, chemicals Imports - partners: Germany 18.9%, Belgium 11.4%, Italy 8.4%, Spain 7.1%, Netherlands 7%, UK 5.6%, US 4.4%, China 4% (2007) Economic aid - donor: ODA, $10.6 billion (2006) Reserves of foreign exchange and gold: $115.7 billion (2006 est.) Debt - external: $4.396 trillion (30 June 2007) Stock of direct foreign investment - at home: $942.3 billion (2007 est.)
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