agriculture 5%, industry 32%, services 63% (2001)

Unemployment rate:
8.6% (2003 est.)

Budget:
revenues: $668 billion
expenditures: $703.1 billion, including capital expenditures of NA
(2003)

Public debt:
106.4% of GDP (2003)

Agriculture - products:
fruits, vegetables, grapes, potatoes, sugar beets, soybeans, grain,
olives; beef, dairy products; fish

Industries:
tourism, machinery, iron and steel, chemicals, food processing,
textiles, motor vehicles, clothing, footwear, ceramics

Industrial production growth rate:
-0.5% (2003)

Electricity - production:
258.8 billion kWh (2001)

Electricity - consumption:
289.1 billion kWh (2001)

Electricity - exports:
556 million kWh (2001)

Electricity - imports:
48.93 billion kWh (2001)

Oil - production:
79,460 bbl/day (2001 est.)

Oil - consumption:
1.866 million bbl/day (2001 est.)

Oil - exports:
456,600 bbl/day (2001)

Oil - imports:
2.158 million bbl/day (2001)

Oil - proved reserves:
586.6 million bbl (1 January 2002)

Natural gas - production:
15.49 billion cu m (2001 est.)

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

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

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

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

Current account balance:
$-22.28 billion (2003)

Exports:
$278.1 billion f.o.b. (2003 est.)

Exports - commodities:
engineering products, textiles and clothing, production machinery,
motor vehicles, transport equipment, chemicals; food, beverages and
tobacco; minerals and nonferrous metals

Exports - partners:
Germany 13.8%, France 12.3%, US 8.5%, Spain 7%, UK 6.9% (2003)

Imports:
$271.1 billion f.o.b. (2003 est.)

Imports - commodities:
engineering products, chemicals, transport equipment, energy
products, minerals and nonferrous metals, textiles and clothing;
food, beverages and tobacco

Imports - partners:
Germany 17.9%, France 11.2%, Netherlands 5.8%, Spain 4.8%, UK 4.7%,
Belgium 4.3%, US 4% (2003)

Reserves of foreign exchange & gold:
$63.26 billion (2003)

Debt - external:
$868.5 billion NA (2003)

Economic aid - donor:
ODA, $1 billion (2002 est.)

Currency:
euro (EUR)
note: on 1 January 1999, the European Monetary Union introduced the
euro as a common currency to be used by financial institutions of
member count