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10%: 35.6% (1995) Inflation rate (consumer prices): 20% (1999) Labor force: 9.9 million (1999) Labor force - by occupation: services 64%, industry 23%, agriculture 13% (1997 est.) Unemployment rate: 18% (1999 est.) Budget: revenues: $26.4 billion expenditures: $27 billion, including capital expenditures of $NA (2000 est.) Industries: petroleum, iron ore mining, construction materials, food processing, textiles, steel, aluminum, motor vehicle assembly Industrial production growth rate: 0.5% (1995 est.) Electricity - production: 70.39 billion kWh (1998) Electricity - production by source: fossil fuel: 25.46% hydro: 74.54% nuclear: 0% other: 0% (1998) Electricity - consumption: 65.463 billion kWh (1998) Electricity - exports: 0 kWh (1998) Electricity - imports: 0 kWh (1998) Agriculture - products: corn, sorghum, sugarcane, rice, bananas, vegetables, coffee; beef, pork, milk, eggs; fish Exports: $20.9 billion (f.o.b., 1999) Exports - commodities: petroleum, bauxite and aluminum, steel, chemicals, agricultural products, basic manufactures (1998) Exports - partners: US and Puerto Rico 57%, Colombia, Brazil, Japan, Germany, Netherlands, Italy (1999) Imports: $11.8 billion (f.o.b., 1999) Imports - commodities: raw materials, machinery and equipment, transport equipment, construction materials (1999) Imports - partners: US 53%, Japan, Colombia, Italy, Germany, France, Brazil, Canada (1999) Debt - external: $32 billion (1999) Economic aid - recipient: $35 million with more assistance likely as a result of flooding (1999) Currency: 1 bolivar (Bs) = 100 centimos Exchange rates: bolivares (Bs) per US$1 - 652.333 (January 2000), 605.717 (1999), 547.556 (1998), 488.635 (1997), 417.333 (1996), 176.843 (1995) Fiscal year: calendar year @Venezuela:Communications Telephones - main lines in use: 2.6 million (1998) Telephones - mobile cellular: 2 million (1998) Telephone system: modern and expanding domestic: domestic satellite system with 3 earth stations; recent substantial improvement in telephone service in rural areas; substantial increase in digitalization of exchanges and trunk lines; installation of a national inter-urban fiber-optic network capable of digital multimedia services international: 3 submarine coaxial cables; satellite earth stations - 1 Intelsat (Atlantic Ocean) and 1 PanAmSat; participating with Colombia, Ecuador, Peru, and Bolivia in the construc
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