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industry: 28.4% services: 69.2% (1997) Population below poverty line: NA% Household income or consumption by percentage share: lowest 10%: 2.5% highest 10%: 24.9% (1989) Inflation rate (consumer prices): 0.7% (1998) Labor force: 25.4 million Labor force--by occupation: services 69%, industry 26%, agriculture 5% (1995) Unemployment rate: 11.5% (1998) Budget: revenues: $222 billion expenditures: $265 billion, including capital expenditures of $NA (1998 est.) Industries: steel, machinery, chemicals, automobiles, metallurgy, aircraft, electronics, mining, textiles, food processing, tourism Industrial production growth rate: 3.9% (1998) Electricity--production: 480.783 billion kWh (1996) Electricity--production by source: fossil fuel: 8.72% hydro: 12.92% nuclear: 78.25% other: 0.11% (1996) Electricity--consumption: 411.743 billion kWh (1996) Electricity--exports: 72.64 billion kWh (1996) Electricity--imports: 3.6 billion kWh (1996) Agriculture--products: wheat, cereals, sugar beets, potatoes, wine grapes; beef, dairy products; fish Exports: $289 billion (f.o.b., 1998) Exports--commodities: machinery and transportation equipment, chemicals, foodstuffs, agricultural products, iron and steel products, textiles and clothing Exports--partners: Germany 16%, UK 10%, Italy 9%, Spain 8%, Belgium-Luxembourg 8%, US 6.5%, Netherlands 4.5%, Japan 2%, Russia 0.9% (1997) Imports: $255 billion (f.o.b., 1998) Imports--commodities: crude oil, machinery and equipment, agricultural products, chemicals, iron and steel products Imports--partners: Germany 17%, Italy 10%, US 9%, Belgium-Luxembourg 8%, UK 8%, Spain 7%, Netherlands 5%, Japan 3%, China 2.5% (1997) Debt--external: $117.6 billion (1996 est.) Economic aid--donor: ODA, $8.4 billion (1995) Currency: 1 French franc (F) = 100 centimes Exchange rates: French francs (F) per US$1--5.65 (January 1999), 5.8995 (1998), 5.8367 (1997), 5.1155 (1996), 4.9915 (1995), 5.5520 (1994) note: on 1 January 1999, the European Union introduced a common currency that is now being used by financial institutions in some member countries at the rate of 0.8597 euros per US$ and a fixed rate of 6.55957 French francs per euro; the euro will replace the local currency in consenting countries for all transactions in 2002 Fiscal year: calendar year Communications Telephones: 35 mill
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