NA%

Household income or consumption by percentage share:

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

Investment (gross fixed):

20% of GDP (2007 est.)

Budget:

revenues: $14.02 billion expenditures: $13.68 billion (2007 est.)

Fiscal year:

calendar year

Public debt:

3.7% of GDP (2007 est.)

Inflation rate (consumer prices):

5.9% (2007 est.)

Central bank discount rate:

1.98% (31 December 2007)

Commercial bank prime lending rate:

7.29% (31 December 2007)

Stock of money:

$5.044 billion (31 December 2007)

Stock of quasi money:

$11.04 billion (31 December 2007)

Stock of domestic credit:

$13.88 billion (31 December 2007)

Agriculture - products:

dates, limes, bananas, alfalfa, vegetables; camels, cattle; fish

Industries:

crude oil production and refining, natural and liquefied natural gas (LNG) production; construction, cement, copper, steel, chemicals, optic fiber

Industrial production growth rate:

3.2% (2007 est.)

Electricity - production:

13.58 billion kWh (2007 est.)

Electricity - consumption:

10.53 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:

714,300 bbl/day (2007 est.)

Oil - consumption:

69,100 bbl/day (2006 est.)

Oil - exports:

722,000 bbl/day (2005)

Oil - imports:

15,440 bbl/day (2005)

Oil - proved reserves:

5.5 billion bbl (1 January 2008 est.)

Natural gas - production:

24.1 billion cu m (2007 est.)

Natural gas - consumption:

11 billion cu m (2007 est.)

Natural gas - exports:

13.1 billion cu m (2007 est.)

Natural gas - imports:

0 cu m (2007 est.)

Natural gas - proved reserves:

849.5 billion cu m (1 January 2008 est.)

Current account balance:

$4.866 billion (2007 est.)

Exports:

$23.1 billion f.o.b. (2007 est.)

Exports - commodities:

petroleum, reexports, fish, metals, textiles

Exports - partners:

China 26.8%, South Korea 15.2%, Japan 14.3%, Thailand 10.4%, UAE 7.6%, US 4.3%, Iran 4.1% (2007)

Imports:

$11 billion f.o.b. (2007 est.)

Imports - commodities:

machinery and transport equipment, manufactured goods, food, livestock, lubricants

Imports - partners:

UAE 19.3%, Japan 17.6%, US 7.4%, Germany 5.2%, India 4.1% (2007)

Economic aid - recipient:

$30.68 million (2005)

Reserves of foreign exchange and gold:

$9.524 billion (31 December 2007 est.)

Debt - external:

$5.297 billion (31 December 2007 est.)

Stock of direct foreign investment - at home: