Unemployment rate: 6.7% (May 1994)
Budget:
revenues: $31 billion
expenditures: $41 billion, including capital expenditures of $NA
(1994)
Exports: $15.4 billion (f.o.b., 1993)
commodities: clothing and footwear, machinery, cork and paper
products, hides and skins
partners: EU 75.5%, other developed countries 12.4%, US 4.3% (1994)
Imports: $24.3 billion (c.i.f., 1993) commodities: machinery and transport equipment, agricultural products, chemicals, petroleum, textiles partners: EC 72%, other developed countries 10.9%, less developed countries 12.9%, US 3.4%
External debt: $20 billion (1993 est.)
Industrial production: growth rate 1.5% (1994 est.); accounts for 30.6% of GDP
Electricity: capacity: 8,220,000 kW production: 29.5 billion kWh consumption per capita: 2,642 kWh (1993)
Industries: textiles and footwear; wood pulp, paper, and cork; metalworking; oil refining; chemicals; fish canning; wine; tourism
Agriculture: accounts for 5% of GDP; small, inefficient farms; imports more than half of food needs; major crops - grain, potatoes, olives, grapes; livestock sector - sheep, cattle, goats, poultry, meat, dairy products
Illicit drugs: increasingly important gateway country for Latin
American cocaine entering the European market; transshipment point for
hashish from North Africa to Europe