on
expenditures: $8.391 billion (2007 est.)

Fiscal year:

calendar year

Public debt:

33.5% of GDP (2007 est.)

Inflation rate (consumer prices):

10% (2007 est.)

Central bank discount rate:

NA

Commercial bank prime lending rate:

18% (31 December 2007)

Stock of money:

$3.076 billion (31 December 2007)

Stock of quasi money:

$4.526 billion (31 December 2007)

Stock of domestic credit:

$2.224 billion (31 December 2007)

Agriculture - products:

grain, fruits, vegetables, pulses, qat, coffee, cotton; dairy
products, livestock (sheep, goats, cattle, camels), poultry; fish

Industries:

crude oil production and petroleum refining; small-scale production
of cotton textiles and leather goods; food processing; handicrafts;
small aluminum products factory; cement; commercial ship repair

Industrial production growth rate:

3.2% (2007 est.)

Electricity - production:

5.017 billion kWh (2006 est.)

Electricity - consumption:

3.804 billion kWh (2006 est.)

Electricity - exports:

0 kWh (2007 est.)

Electricity - imports:

0 kWh (2007 est.)

Electricity - production by source:

fossil fuel: 100%
hydro: 0%
nuclear: 0%
other: 0% (2001)

Oil - production:

320,600 bbl/day (2007 est.)

Oil - consumption:

135,400 bbl/day (2006 est.)

Oil - exports:

336,600 bbl/day (2005)

Oil - imports:

62,850 bbl/day (2005)

Oil - proved reserves:

3 billion bbl (1 January 2008 est.)

Natural gas - production:

0 cu m (2007 est.)

Natural gas - consumption:

0 cu m (2007 est.)

Natural gas - exports:

0 cu m (2007 est.)

Natural gas - imports:

0 cu m (2007 est.)

Natural gas - proved reserves:

478.5 billion cu m (1 January 2008 est.)

Current account balance:

-$362 million (2007 est.)

Exports:

$7.311 billion f.o.b. (2007 est.)

Exports - commodities:

crude oil, coffee, dried and salted fish

Exports - partners:

China 23.3%, India 20.4%, Thailand 19.1%, Japan 7.2%, UAE 5%, US
4.2% (2007)

Imports:

$6.735 billion f.o.b. (2007 est.)

Imports - commodities:

food and live animals, machinery and equipment, chemicals

Imports - partners:

UAE 15.1%, China 11.6%, US 7.8%, Saudi Arabia 7.1%, Kuwait 5.3%,
Germany 4.8% (2007)

Economic aid - recipient:

$2.3 billion (2003-07 disbursements)

Reserves of foreign exchange and gold:

$7.76 billion (31 December 2007