ower parity - $116.2 billion (1995 est.)

GDP real growth rate: 2.8% (1995 est.)

GDP per capita: $11,000 (1995 est.)

GDP composition by sector:
agriculture: 6%
industry: 35.8%
services: 58.2% (1995 est.)

Inflation rate (consumer prices): 4.6% (1995 est.)

Labor force: 4.24 million (1994 est.)
by occupation: services 54.5%, manufacturing 24.4%, agriculture,
forestry, fisheries 11.2%, construction 8.3%, utilities 1.0%, mining
0.5% (1992)

Unemployment rate: 7.1% (1995 est.)

Budget:
revenues: $31 billion
expenditures: $41 billion, including capital expenditures of $NA
(1994)

Industries: textiles and footwear; wood pulp, paper, and cork;
metalworking; oil refining; chemicals; fish canning; wine; tourism

Industrial production growth rate: 2.1% (1995 est.)

Electricity:
capacity: 8,220,000 kW
production: 29.5 billion kWh
consumption per capita: 2,642 kWh (1993)

Agriculture: grain, potatoes, olives, grapes; sheep, cattle,
goats, poultry, meat, dairy products

Illicit drugs: important gateway country for Latin American
cocaine entering the European market; transshipment point for
hashish from North Africa to Europe

Exports: $18.9 billion (f.o.b., 1995)
commodities: clothing and footwear, machinery, cork and paper
products, hides
partners: EU 75.1%, other developed countries 12.4% (US 5.2%) (1995)

Imports: $24.1 billion (c.i.f., 1995)
commodities: machinery and transport equipment, agricultural
products, chemicals, petroleum, textiles
partners: EU 71%, other developed countries 10.9% (US 2.5%), less
developed countries 12.9% (1995)

External debt: $11.8 billion (1995 est.)

Economic aid:
donor: ODA, $248 million (1993)
recipient: ODA, $70 million (1993)

Currency: 1 Portuguese escudo (Esc) = 100 centavos

Exchange rates: Portuguese escudos (Esc) per US$1 - 151.61
(January 1996), 149.97 (1995), 165.99 (1994), 160.80 (1993), 135.00
(1992), 144.48 (1991)

Fiscal year: calendar year

Transportation
--------------

Railways:
total: 3,068 km
broad gauge: 2,761 km 1.668-m gauge (464 km electrified; 426 km
double track)
narrow gauge: 307 km 1.000-m gauge
note: in 1992, Portugal had 3,588 km of track of which 464 km were
electrified

Highways:
total: 70,176 km (statistics for continental Portugal only)
paved: 60,351 km (including 519 km of expressways)
unpaved: 9,825 km (1992 est.)

Waterways: 820 km naviga