2.2% (2004 est.)

Investment (gross fixed):
23.8% of GDP (2004 est.)

Budget:
revenues: $62.51 billion
expenditures: $63.52 billion, including capital expenditures of $5.5
billion (2004 est.)

Public debt:
31.2% of GDP (2004 est.)

Agriculture - products:
turnips, barley, potatoes, sugar beets, wheat; beef, dairy products

Industries:
steel, lead, zinc, silver, aluminum, barite, and gypsum mining
processing; food products, brewing, textiles, clothing; chemicals,
pharmaceuticals; machinery, rail transportation equipment, passenger
and commercial vehicles, ship construction and refurbishment; glass
and crystal; software, tourism

Industrial production growth rate:
7% (2004 est.)

Electricity - production:
22.88 billion kWh (2002)

Electricity - production by source:
fossil fuel: 95.9%
hydro: 2.3%
nuclear: 0%
other: 1.7% (2001)

Electricity - consumption:
21.78 billion kWh (2002)

Electricity - exports:
100 million kWh (2002)

Electricity - imports:
600 million kWh (2002)

Oil - production:
0 bbl/day (2001 est.)

Oil - consumption:
174,400 bbl/day (2001 est.)

Oil - exports:
27,450 bbl/day (2001)

Oil - imports:
178,600 bbl/day (2001)

Oil - proved reserves:
0 bbl (1 January 2002)

Natural gas - production:
815 million cu m (2001 est.)

Natural gas - consumption:
4.199 billion cu m (2001 est.)

Natural gas - exports:
0 cu m (2001 est.)

Natural gas - imports:
3.384 billion cu m (2001 est.)

Natural gas - proved reserves:
9.911 billion cu m (1 January 2002)

Current account balance:
$-2.881 billion (2004 est.)

Exports:
$103.8 billion f.o.b. (2004 est.)

Exports - commodities:
machinery and equipment, computers, chemicals, pharmaceuticals;
live animals, animal products

Exports - partners:
US 19.7%, UK 17.7%, Belgium 14.7%, Germany 7.7%, France 6%,
Netherlands 4.6%, Italy 4.5% (2004)

Imports:
$60.65 billion f.o.b. (2004 est.)

Imports - commodities:
data processing equipment, other machinery and equipment,
chemicals, petroleum and petroleum products, textiles, clothing

Imports - partners:
UK 35.6%, US 13.8%, Germany 8.9%, Netherlands 4.3%, France 4.2%
(2004)

Reserves of foreign exchange and gold:
$4.152 billion (2003)

Debt - external:
$11 billion (1998)

Economic aid - donor:
ODA, $283 million (2001)

Currency (code):
euro (EUR)
note: on 1 January 1999, the