t and increased government spending. The government's continued
efforts to diversify the economy by attracting foreign and domestic
investment outside the energy sector, however, has had little
success in reducing high unemployment and improving living
standards. Structural reform within the economy, such as development
of the banking sector and the construction of infrastructure, moves
ahead slowly hampered by corruption and bureaucratic resistance.

GDP (purchasing power parity):
$253.4 billion (2006 est.)

GDP (official exchange rate):
$92.22 billion (2006 est.)

GDP - real growth rate:
5.6% (2006 est.)

GDP - per capita (PPP):
$7,700 (2006 est.)

GDP - composition by sector:
agriculture: 9.4%
industry: 58.1%
services: 32.5% (2006 est.)

Labor force:
9.31 million (2006 est.)

Labor force - by occupation:
agriculture 14%, industry 14%, construction and public works 10%,
trade 13.4%, government 32%, other 10% (2003 est.)

Unemployment rate:
15.7% (2006 est.)

Population below poverty line:
25% (2005 est.)

Household income or consumption by percentage share:
lowest 10%: 2.8%
highest 10%: 26.8% (1995)

Distribution of family income - Gini index:
35.3 (1995)

Inflation rate (consumer prices):
3% (2006 est.)

Investment (gross fixed):
23.4% of GDP (2006 est.)

Budget:
revenues: $59.26 billion
expenditures: $49.14 billion; including capital expenditures of $5.8
billion (2006 est.)

Public debt:
18.6% of GDP (2006 est.)

Agriculture - products:
wheat, barley, oats, grapes, olives, citrus, fruits; sheep, cattle

Industries:
petroleum, natural gas, light industries, mining, electrical,
petrochemical, food processing

Industrial production growth rate:
10% (2006 est.)

Electricity - production:
29.39 billion kWh (2004 est.)

Electricity - production by source:
fossil fuel: 99.7%
hydro: 0.3%
nuclear: 0%
other: 0% (2001)

Electricity - consumption:
27.4 billion kWh (2004 est.)

Electricity - exports:
230 million kWh (2004 est.)

Electricity - imports:
300 million kWh (2004 est.)

Oil - production:
1.373 million bbl/day (2005 est.)

Oil - consumption:
233,000 bbl/day (2004 est.)

Oil - exports:
1.127 million bbl/day (2004 est.)

Oil - imports:
0 bbl/day (2004 est.)

Oil - proved reserves:
11 billion bbl (2006 est.)

Natural gas - production:
80.15 billion cu m (2004 est.)

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