ccelerating privatization, and
restructuring unprofitable firms. Romania was invited by the EU in
December 1999 to begin accession negotiations.

GDP: purchasing power parity - $87.4 billion (1999 est.)

GDP - real growth rate: -4.8% (1999 est.)

GDP - per capita: purchasing power parity - $3,900 (1999 est.)

GDP - composition by sector:
agriculture: 23%
industry: 51%
services: 26% (1997)

Population below poverty line: 21.5% (1994 est.)

Household income or consumption by percentage share:
lowest 10%: 3.8%
highest 10%: 20.2% (1992)

Inflation rate (consumer prices): 44% (1999 est.)

Labor force: 9.6 million (1998 est.)

Labor force - by occupation: agriculture 36.5%, industry 34.4%,
services 29.1% (1994)

Unemployment rate: 11% (1999 est.)

Budget:
revenues: $11.2 billion
expenditures: $12.7 billion, including capital expenditures of $NA
(1999 est.)

Industries: mining, timber, construction materials, metallurgy,
chemicals, machine building, food processing, petroleum production and
refining

Industrial production growth rate: -8.7% (1999 est.)

Electricity - production: 52.495 billion kWh (1998)

Electricity - production by source:
fossil fuel: 59%
hydro: 31.67%
nuclear: 9.33%
other: 0% (1998)

Electricity - consumption: 49.552 billion kWh (1998)

Electricity - exports: 537 million kWh (1998)

Electricity - imports: 1.269 billion kWh (1998)

Agriculture - products: wheat, corn, sugar beets, sunflower seed,
potatoes, grapes; milk, eggs, beef

Exports: $8.4 billion (f.o.b., 1999 est.)

Exports - commodities: textiles and footwear 33.4%, metals and metal
products 19.1%, machinery and equipment 9.5%, minerals and fuels 6.1%
(1998)

Exports - partners: Italy 22%, Germany 19.6%, France 5.9%, US 3.8%
(1998)

Imports: $9.6 billion (f.o.b., 1999 est.)

Imports - commodities: machinery and equipment 23%, fuels and minerals
14.2%, chemicals 8.7%, textiles and footwear 17.1% (1998)

Imports - partners: Germany 17.5%, Italy 17.4%, France 6.9%, US 4.2%
(1998)

Debt - external: $9 billion (1999 est.)

Economic aid - recipient: $510.1 million (1995)

Currency: 1 leu (L) = 100 bani

Exchange rates: lei (L) per US$1 - 17,996.4 (December 1999), 15,332.8
(1999), 8,875.6 (1998), 7,167.9 (1997), 3,084.2 (1996), 2,033.3 (1995)

Fiscal year: calendar year

@Romania:Communications

Telephones - main lines in use: 3.84 million (1999)

Telephones - mobile cellular: 52,000 (1999)

Telephone