tion rate (consumer prices): 2.5% (1999)

Labor force: 1.5 million (1999)

Labor force - by occupation: agriculture 55%, services 25%,
manufacturing, mining, and construction 20% (1999 est.)

Unemployment rate: 20% (1998 est.)
note: official rate is 9.3% for 1998

Budget:
revenues: $360 million
expenditures: $566 million, including capital expenditures of $NA
(1999 est.)

Industries: metal-cutting machine tools, forging-pressing machines,
electric motors, tires, knitted wear, hosiery, shoes, silk fabric,
washing machines, chemicals, trucks, watches, instruments,
microelectronics

Industrial production growth rate: -2% (1998)

Electricity - production: 5.764 billion kWh (1998)

Electricity - production by source:
fossil fuel: 48.92%
hydro: 26.44%
nuclear: 24.64%
other: 0% (1998)

Electricity - consumption: 5.361 billion kWh (1998)

Electricity - exports: 0 kWh (1998)

Electricity - imports: 0 kWh (1998)

Agriculture - products: fruit (especially grapes), vegetables;
livestock

Exports: $240 million (1999 est.)

Exports - commodities: diamonds, scrap metal, machinery and equipment,
cognac, copper ore

Exports - partners: Belgium, Russia, Iran, Turkmenistan, US, Georgia
(1998)

Imports: $782 million (1999 est.)

Imports - commodities: natural gas, petroleum, tobacco products,
foodstuffs, diamonds

Imports - partners: Russia, US, UK, Iran, Turkey, Belgium (1998)

Debt - external: $862.7 million (1999)

Economic aid - recipient: $245.5 million (1995)

Currency: 1 dram = 100 luma

Exchange rates: dram per US$1 - 527.02 (January 2000), 535.06 (1999),
504.92 (1998), 490.85 (1997), 414.04 (1996), 405.91 (1995)

Fiscal year: calendar year

@Armenia:Communications

Telephones - main lines in use: 583,000 (1995)

Telephones - mobile cellular: NA

Telephone system: system inadequate; now 90% privately owned and
undergoing modernization and expansion
domestic: the majority of subscribers and the most modern equipment
are in Yerevan (this includes paging and mobile cellular service)
international: Yerevan is connected to the Trans-Asia-Europe
fiber-optic cable through Iran; additional international service is
available by microwave radio relay and landline connections to the
other countries of the Commonwealth of Independent States and through
the Moscow international switch and by satellite to the rest of the
world; satellite earth stations - 1 Intelsat

Radio broadcast stations: AM 9, FM