same level in 2004. Expenditures on health, education, and
pensions will increase proportionately.

GDP:
purchasing power parity - $85.34 billion (2003 est.)

GDP - real growth rate:
3.5% (2003 est.)

GDP - per capita:
purchasing power parity - $21,600 (2003 est.)

GDP - composition by sector:
agriculture: 4.8%
industry: 27.4%
services: 67.8% (2003 est.)

Investment (gross fixed):
20.9% of GDP (2003)

Population below poverty line:
NA

Household income or consumption by percentage share:
lowest 10%: 0.3%
highest 10%: 29.8% (1991 est.)

Inflation rate (consumer prices):
1.8% (2003 est.)

Labor force:
2.008 million (2003 est.)

Labor force - by occupation:
agriculture 10%, industry 25%, services 65% (1995)

Unemployment rate:
4.7% (2003 est.)

Budget:
revenues: $32.14 billion
expenditures: $30.13 billion, including capital expenditures of NA
(2003)

Public debt:
25.6% of GDP (2003)

Agriculture - products:
wheat, barley, potatoes, pulses, fruits, vegetables; wool, beef,
dairy products; fish

Industries:
food processing, wood and paper products, textiles, machinery,
transportation equipment, banking and insurance, tourism, mining

Industrial production growth rate:
1.3% (2003 est.)

Electricity - production:
37.51 billion kWh (2001)

Electricity - consumption:
34.88 billion kWh (2001)

Electricity - exports:
0 kWh (2001)

Electricity - imports:
0 kWh (2001)

Oil - production:
42,160 bbl/day (2001 est.)

Oil - consumption:
132,700 bbl/day (2001 est.)

Oil - exports:
30,220 bbl/day (2001)

Oil - imports:
119,700 bbl/day (2001)

Oil - proved reserves:
89.62 million bbl (1 January 2002)

Natural gas - production:
6.504 billion cu m (2001 est.)

Natural gas - consumption:
6.504 billion cu m (2001 est.)

Natural gas - exports:
0 cu m (2001 est.)

Natural gas - imports:
0 cu m (2001 est.)

Natural gas - proved reserves:
58.94 billion cu m (1 January 2002)

Current account balance:
$-3.446 billion (2003)

Exports:
$15.86 billion (2003 est.)

Exports - commodities:
dairy products, meat, wood and wood products, fish, machinery

Exports - partners:
Australia 21.8%, US 14.6%, Japan 11%, China 4.9%, UK 4.8% (2003)

Imports:
$16.06 billion (2003 est.)

Imports - commodities:
machinery and equipment, vehicles and aircraft, petroleum,
electronics, textiles, plastics

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