Part 18

Inflation rate (consumer prices): NA%

Labor force: NA

Unemployment rate: 0%

Budget: revenues: $138 million expenditures: $177 million, including capital expenditures of $NA (1993)

Industries: tourism (particularly skiing), sheep, timber, tobacco, banking

Industrial production growth rate: NA%

Electricity: capacity: 35,000 kW production: 140 million kWh consumption per capita: 2,570 kWh (1992)

Agriculture: small quantities of tobacco, rye, wheat, barley, oats, vegetables; sheep raising

Exports: $46.2 million (f.o.b., 1993) commodities: electricity, tobacco products, furniture partners: France 35%, Spain 59%

Imports: $920.2 million (1993) commodities: consumer goods, food partners: France, Spain, US 2.6% (1992)

External debt: $NA

Economic aid: none

Currency: 1 French franc (F) = 100 centimes; 1 peseta (Pta) = 100 centimos; the French and Spanish currencies are used

Exchange rates: French francs (F) per US$1 - 5.0056 (January 1996), 4.9915 (1995), 5.5520 (1994), 5.6632 (1993), 5.2938 (1992), 5.6421 (1991); Spanish pesetas (Ptas) per US$1 - 123.19 (January 1996), 124.69 (1995), 133.96 (1994), 127.26 (1993), 102.38 (1992), 103.91 (1991)

Fiscal year: calendar year

Transportation --------------

Railways: 0 km

Highways: total: 269 km paved: 198 km unpaved: 71 km (1991 est.)

Ports: none

Airports: none

Communications --------------

Telephones: 21,258 (1983 est.)

Telephone system: domestic: modern system with microwave radio relay connections between exchanges international: landline circuits to France and Spain

Radio broadcast stations: AM 1, FM 0, shortwave 0

Radios: 10,000 (1993 est.)

Television broadcast stations: 0

Televisions: 7,000 (1991 est.)

Defense -------