reased private sector employment.

GDP (purchasing power parity):

$164.4 billion (2007 est.)

GDP (official exchange rate):

$192.6 billion (2007 est.)

GDP - real growth rate:

7.5% (2007 est.)

GDP - per capita (PPP):

$37,000 (2007 est.)

GDP - composition by sector:

agriculture: 1.8%
industry: 60.6%
services: 37.6% (2007 est.)

Labor force:

3.065 million (2007 est.)

Labor force - by occupation:

agriculture: 7%
industry: 15%
services: 78% (2000 est.)

Unemployment rate:

2.4% (2001)

Population below poverty line:

19.5% (2003)

Household income or consumption by percentage share:

lowest 10%: NA%
highest 10%: NA%

Investment (gross fixed):

20.3% of GDP (2007 est.)

Budget:

revenues: $68.27 billion
expenditures: $38.06 billion (2007 est.)

Fiscal year:

calendar year

Public debt:

21.2% of GDP (2007 est.)

Inflation rate (consumer prices):

14% (2007 est.)

Central bank discount rate:

NA

Stock of money:

$49.5 billion (31 December 2007)

Stock of quasi money:

$104.6 billion (31 December 2007)

Stock of domestic credit:

$155.4 billion (31 December 2007)

Agriculture - products:

dates, vegetables, watermelons; poultry, eggs, dairy products; fish

Industries:

petroleum and petrochemicals; fishing, aluminum, cement,
fertilizers, commercial ship repair, construction materials, some
boat building, handicrafts, textiles

Industrial production growth rate:

4.3% (2007 est.)

Electricity - production:

62.76 billion kWh (2006 est.)

Electricity - consumption:

57.88 billion kWh (2006 est.)

Electricity - exports:

0 kWh (2007 est.)

Electricity - imports:

0 kWh (2007 est.)

Electricity - production by source:

fossil fuel: 100%
hydro: 0%
nuclear: 0%
other: 0% (2001)

Oil - production:

2.948 million bbl/day (2007 est.)

Oil - consumption:

381,000 bbl/day (2006 est.)

Oil - exports:

2.703 million bbl/day (2005 est.)

Oil - imports:

232,300 bbl/day (2005)

Oil - proved reserves:

97.8 billion bbl (1 January 2008 est.)

Natural gas - production:

48.79 billion cu m (2006 est.)

Natural gas - consumption:

43.11 billion cu m (2006 est.)

Natural gas - exports:

6.848 billion cu m (2005 est.)

Natural gas - imports:

1.343 billion cu m (2005)

Natural gas - proved reserves:

6.071 trillion cu m (1 January 2008 est.)