penditures: $1.239 trillion (2007 est.)

Fiscal year:

6 April - 5 April

Public debt:

43.6% of GDP (2007 est.)

Inflation rate (consumer prices):

2.3% (2007 est.)

Central bank discount rate:

NA

Commercial bank prime lending rate:

5.52% (31 December 2007)

Stock of domestic credit:

$5.278 trillion (31 December 2007)

Agriculture - products:

cereals, oilseed, potatoes, vegetables; cattle, sheep, poultry; fish

Industries:

machine tools, electric power equipment, automation equipment,
railroad equipment, shipbuilding, aircraft, motor vehicles and
parts, electronics and communications equipment, metals, chemicals,
coal, petroleum, paper and paper products, food processing,
textiles, clothing, other consumer goods

Industrial production growth rate:

0.5% (2007 est.)

Electricity - production:

371 billion kWh (2007 est.)

Electricity - consumption:

348.5 billion kWh (2006 est.)

Electricity - exports:

3.398 billion kWh (2007 est.)

Electricity - imports:

8.613 billion kWh (2007 est.)

Electricity - production by source:

fossil fuel: 73.8%
hydro: 0.9%
nuclear: 23.7%
other: 1.6% (2001)

Oil - production:

1.69 million bbl/day (2007 est.)

Oil - consumption:

1.763 million bbl/day (2007 est.)

Oil - exports:

1.749 million bbl/day (2005)

Oil - imports:

1.673 million bbl/day (2005)

Oil - proved reserves:

3.6 billion bbl (1 January 2008 est.)

Natural gas - production:

72.3 billion cu m (2007 est.)

Natural gas - consumption:

91.1 billion cu m (2007 est.)

Natural gas - exports:

10.4 billion cu m (2007 est.)

Natural gas - imports:

29.2 billion cu m (2007 est.)

Natural gas - proved reserves:

412 billion cu m (1 January 2008 est.)

Current account balance:

-$119.2 billion (2007 est.)

Exports:

$442.2 billion f.o.b. (2007 est.)

Exports - commodities:

manufactured goods, fuels, chemicals; food, beverages, tobacco

Exports - partners:

US 14.2%, Germany 11.1%, France 8.1%, Ireland 8%, Netherlands 6.8%,
Belgium 5.3%, Spain 4.5%, Italy 4.1% (2007)

Imports:

$621.4 billion f.o.b. (2007 est.)

Imports - commodities:

manufactured goods, machinery, fuels; foodstuffs

Imports - partners:

Germany 14.2%, US 8.6%, China 7.3%, Netherlands 7.3%, France 6.9%,
Belgium 4.7%, Norway 4.7%, Italy 4.2% (2007)

Economic aid - donor:

ODA, $12.46 billion (2006)