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overty line: NA% Inflation rate (consumer prices): 0.9% (1998) Labor force: 3.7 million (1998) Labor force--by occupation: services 67.7%, industry and crafts 29%, agriculture and forestry 0.7% (salaried employees, 1997 est.) Unemployment rate: 7% (1999 est.) Budget: revenues: $50.4 billion expenditures: $55.9 billion, including capital expenditures of $NA (1998 est.) Industries: construction, machinery, vehicles and parts, food, chemicals, lumber and wood processing, paper and paperboard, communications equipment, tourism (1997) Industrial production growth rate: 4% (1998 est.) Electricity--production: 52.15 billion kWh (1996) Electricity--production by source: fossil fuel: 34.4% hydro: 65.6% nuclear: 0% other: 0% (1997) Electricity--consumption: 56.1 billion kWh (1997) Electricity--exports: 9.8 billion kWh (1997) Electricity--imports: 9 billion kWh (1997) Agriculture--products: grains, potatoes, sugar beets, wine, fruit; dairy products, cattle, pigs, poultry; lumber Exports: $62.5 billion (1998) Exports--commodities: vehicles, machinery and equipment, paper and paperboard, metal goods, iron and steel, telecommunication equipment, textiles, medical and pharmaceutical products (1997) Exports--partners: EU 62% (Germany 35.1%, Italy 8.3%), Central and Eastern Europe 17.6% (Hungary 4.9%), Japan 1.3%, US 3.7% (1997) Imports: $65.8 billion (1998) Imports--commodities: vehicles, machinery and equipment, apparel, metal goods, oil and oil products, office and data-processing machinery, medical and pharmaceutical products, telecommunication equipment, textiles (1997) Imports--partners: EU 68.9% (Germany 41.7%, Italy 8%), Central and Eastern Europe 11% (Hungary 3.1%), Asia 7.1% (Japan 2.2%), US 5.4% (1997) Debt--external: $24.33 billion (1997) Economic aid--donor: ODA, $513 million (1997); of which, bilateral $298 million, multilateral $215 million Currency: 1 Austrian schilling (AS) = 100 groschen Exchange rates: Austrian schillings (AS) per US$1--11.86 (January 1999), 12.379 (1998), 12.204 (1997), 10.587 (1996), 10.081 (1995), 11.422 (1994) note: on 9 January 1999, the European Union introduced a common currency that is now being used by financial institutions in some member countries at the rate of 0.8597 euros per US$ and a fixed rate of 13.7603 Austrian shillings per euro; the euro will replace the local currency
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