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    Grecia Econom�a 2000

      Econom�a - descripci�n: Greece has a mixed capitalist economy with the public sector accounting for about half of GDP. The government plans to privatize some leading state enterprises. Tourism is a key industry, providing a large portion of GDP and foreign exchange earnings. Greece is a major beneficiary of EU aid, equal to about 4% of GDP. The economy has improved steadily over the last few years, as the government has tightened policy with the goal of qualifying Greece to join the EU's single currency (the euro) in 2001. In particular, Greece has cut its budget deficit below 2% of GDP and tightened monetary policy, with the result that inflation fell below 4% by the end of 1998 - the lowest rate in 26 years - and averaged only 2.6% in 1999. Further restructuring of the economy and the reduction of unemployment remain major challenges.

      Producto Bruto Interno (PBI): purchasing power parity - $149.2 billion (1999 est.)

      PBI - Indice de Incremento real: 3% (1999 est.)

      PBI - por capital: purchasing power parity - $13,900 (1999 est.)

      PBI - Composici�n por Sector:
      agriculture: 8.3%
      industry: 27.3%
      services: 64.4% (1998)

      Poblaci�n bajo linea de pobertad: NA%

      Ingreso en casa o porcentage de consumci�n:
      lowest 10%: NA%
      highest 10%: NA%

      Indice de Inflaci�n (precios del consumidor): 2.6% (1999 est.)

      Fuerza Laboral: 4.32 million (1999 est.)

      Fuerza Laboral - por ocupaci�n: services 59.2%, agriculture 19.8%, industry 21% (1998)

      Indice de desempleo: 9.9% (1999 est.)

      Presupuesto:
      revenues: $45 billion
      expenditures: $47.6 billion, including capital expenditures of $NA (1998 est.)

      Industrias: tourism; food and tobacco processing, textiles; chemicals, metal products; mining, petroleum

      Industrial production growth rate: 1% (1999 est.)

      Electricidad - Producci�n: 43.677 billion kWh (1998)

      Electricidad - producci�n por fuente:
      fossil fuel: 8.26%
      hydro: 91.24%
      nuclear: 0%
      other: 0.5% (1998)

      Electricidad - consumci�n: 42.18 billion kWh (1998)

      Electricidad - exportaciones: 900 million kWh (1998)

      Electricidad - importaciones: 2.46 billion kWh (1998)

      Agricultura - productos: wheat, corn, barley, sugar beets, olives, tomatoes, wine, tobacco, potatoes; beef, dairy products

      Exportaciones: $12.4 billion (f.o.b., 1998)

      Exporationes - comodidades: manufactured goods, food and beverages, fuels (1998)

      Exportaciones - socios: EU 56% (Germany 25%, Italy 11%, UK 8%, France 6%), US 16% (1997)

      Importaciones: $27.7 billion (c.i.f., 1998)

      Importaciones - comodidades: manufactured goods, foodstuffs, fuels, chemicals (1998)

      Importaciones - socios: EU 61% (Italy 16%, Germany 16%, France 8%, UK 7%, Netherlands 5%) US 11% (1997)

      Deuda - externa: $41.9 billion (1998)

      Ayuda economica - recipiente: $5.4 billion from EU (1997 est.)

      Moneda: 1 drachma (Dr) = 100 lepta

      Indice de intercambio: drachmae (Dr) per US$1 - 326.59 (January 2000), 305.65 (1999), 295.53 (1998), 273.06 (1997), 240.71 (1996), 231.66 (1995)

      A�o Fiscal: calendar year

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