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management problems, and much of the private sector is hobbled by a shortage of capital. The economic benefits of any peace treaty with Israel will depend in large part on the pace of economic reform. GDP: purchasing power parity - $98.3 billion (1996 est.) GDP - real growth rate: 5.2% (1996 est.) GDP - per capita: purchasing power parity - $6,300 (1996 est.) GDP - composition by sector: agriculture: 28% industry: 18% services: 54% (1994) Inflation rate - consumer price index: 20% (1996 est.) Labor force: total: 4.7 million (1995 est.) by occupation: services 40%, agriculture 40%, industry 20% (1996 est.) Unemployment rate: 9% (1994 est.) Budget: revenues: $3 billion expenditures : $3.7 billion, including capital expenditures of $NA (1995 est.) Industries: petroleum, textiles, food processing, beverages, tobacco, phosphate rock mining Industrial production growth rate: 4.3% (1994) Electricity - capacity: 4.16 million kW (1994) Electricity - production: 14.25 billion kWh (1994) Electricity - consumption per capita: 902 kWh (1995 est.) Agriculture - products: wheat, barley, cotton, lentils, chickpeas; beef, lamb, eggs, poultry, milk Exports: total value: $4.4 billion (f.o.b., 1996 est.) commodities: petroleum 56%, food and live animals 16%, textiles 16% (1994 est.) partners: EU 57% (Germany 17%, Italy 16%, France 11%), Lebanon 14%, Saudi Arabia 7% (1995 est.) Imports: total value : $5.2 billion (c.i.f., 1996 est.) commodities: machinery 25%, food and live animals 15%, transport equipment 12%, chemicals 8% (1994 est.) partners: EU 33% (Italy 9%, Germany 8%, France 4%), South Korea 4.5%, US 4%, Japan 3% (1995 est.) Debt - external: $22 billion (1996 est.) Economic aid: recipient: $4.2 billion (1990-92) Currency: 1 Syrian pound (LS) = 100 piastres Exchange rates: Syrian pounds (LS) per US$1 - 41.9 (January 1997); official fixed rate 11.225 Fiscal year: calendar year @Syria:Communications Telephones: 541,465 (1992 est.) Telephone system: fair system currently undergoing significant improvement and digital upgrades, including fiber-optic technology domestic: coaxial cable and microwave radio relay network international: satellite earth stations - 1 Intelsat (Indian Ocean) and 1 Intersputnik (Atlantic Ocean region); 1 submarine cable; coaxial cable and microwave radio relay to Iraq, Jordan, Lebanon, and Turkey; participant in Medarabtel Radio broadcast station
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