Inflation rate (consumer prices): 7.0% (1989 est.)

Unemployment rate: 16.5% (1989 est.)

Budget: revenues $57.8 billion; expenditures $66.7 billion, including capital expenditures of $10.4 billion (1987)

Exports: $40.2 billion (f.o.b., 1988); commodities—foodstuffs, live animals, wood, footwear, machinery, chemicals; partners—EC 66%, US 8%, other developed countries 9%

Imports: $60.4 billion (c.i.f., 1988); commodities—petroleum, footwear, machinery, chemicals, grain, soybeans, coffee, tobacco, iron and steel, timber, cotton, transport equipment; partners—EC 57%, US 9%, other developed countries 13%, Middle East 3%

External debt: $32.7 billion (1988)

Industrial production: growth rate 3.0% (1988)

Electricity: 46,589,000 kW capacity; 157,040 million kWh produced, 3,980 kWh per capita (1989)

Industries: textiles and apparel (including footwear), food and beverages, metals and metal manufactures, chemicals, shipbuilding, automobiles, machine tools

Agriculture: accounts for 5% of GNP and 14% of labor force; major products—grain, vegetables, olives, wine grapes, sugar beets, citrus fruit, beef, pork, poultry, dairy; largely self-sufficient in food; fish catch of 1.4 million metric tons among top 20 nations