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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