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U.S. DEPARTMENT OF STATE
95/06/06 Fact Sheet: G-7: Key Economic/Political Data
Bureau of Public Affairs


Fact Sheet:  G-7:  Key Economic and Political Data (1) 
 
Canada 
 
GDP (1993):  $552 billion.  
GDP growth rate (1993):  2.3%.   
Inflation rate (1993): 1.9%. 
Unemployment rate (1993):  11.3%. 
Foreign assistance (1993): $2.4 billion, 0.5% of GDP. 
 
Area:  10 million sq. km. (3.8 million sq. mi.).  
Population:  29 million.  
Work force (14 million, 1993):  Community/business/personal service--5 
million.  Trade--2.4 million.  Manufacturing--2 million.  Public 
administration--1 million.  Agriculture--0.5 million.  
Natural resources:  Petroleum and natural gas, hydroelectric power, 
metals and minerals, fish, forests, wildlife. 
Agriculture:  Products--wheat, livestock and meat, feed-grains, 
oilseeds, dairy products, tobacco, fruits, vegetables. 
Industry:  Types--motor vehicles and parts, fish and forest products, 
processed and unprocessed minerals. 
Merchandise trade (1993):  Exports--$144 billion: motor vehicles and 
parts, lumber, wood-pulp and newsprint, crude and fabricated metals, 
natural gas, crude petroleum, wheat.  Percent of GDP--20.1%.  Partners--
U.S. 74%, EC 15%, Japan 4%.  Imports--$125 billion: motor vehicles and 
parts, industrial machinery, crude petroleum, chemicals, agricultural 
machinery.  Percent of GDP--24.6%.  Partners--U.S. 72%, EC 8%, Japan 6%. 
Government:  Confederation with parliamentary democracy. 
Independence:  July 1, 1867. 
Constitution:  Amended British North America Act, 1867;  patriated to 
Canada in 1982, charter of rights, and unwritten custom. 
 
Currency exchange:  $1US=$1.38 Canadian. 
Time conversion:  EST+0 (Ottawa)   
 


France 
 
GDP (1993):  $1.3 trillion. 
GDP growth rate (1993): -0.9%.   
Inflation rate (1993):  2.1%. 
Unemployment rate (1993):  11.6%. 
Foreign assistance (1993): $7.9 billion, 0.6% of GDP. 
 
Area:  547,030 sq. km. (218,812 sq. mi.).  
Population:  58 million. 
Work force (25 million):  Services--47%. Industry and commerce--45%.  
Agriculture--8%.   
Natural resources:  Coal, iron ore, bauxite, fish, forests. 
Agriculture:  Products--beef, dairy products, cereals, sugar beets, 
potatoes, wine grapes. 
Industry:  Types--steel, machinery, textiles and clothing, chemicals, 
food processing, aircraft, electronics, transportation. 
Merchandise trade (1993):  Exports--$195 billion:  chemicals, 
electronics, automobiles, automobile spare parts, machinery, aircraft, 
foodstuffs.  Percent of GDP--15.7%.  Imports--$188 billion:  crude 
petroleum, electronics, machinery, chemicals, automobiles, automobile 
spare parts.  Percent of GDP--15.1%.  Major partners--Germany, Belgium, 
Luxembourg, Italy, U.S., U.K., Netherlands, Japan. 
Government:  Republic.  Constitution:  September 28, 1958. 
 
Currency exchange: $1US=5.0 francs. 
Time conversion:  EST+6 (Paris) 
 

Germany (2) 
  
GDP (1993):  $1.7 trillion. 
GDP growth rate (1993):  1.7%.   
Inflation rate (1993):  4.1%. 
Unemployment rate (1993):  6.1%. 
Foreign assistance (1993): $6.9 billion, 0.4% of GDP. 
 
Area:  356,910 sq. km. (142,764 sq. mi.).  
Population:  81 million.  
Work force:  40 million. 
Natural resources:  Iron, hard coal, lignite, potash, natural gas. 
Agriculture:  Products--corn, wheat, potatoes, sugar beets, hops, wine, 
lumber, fish. 
Industry:  Types--iron and steel, coal, chemicals, electrical products, 
ships, vehicles, construction. 
Merchandise trade (1993):  Exports--$363 billion:   chemicals, motor 
vehicles, iron and steel products, manufactured goods, electrical 
products.   Percent of GDP--21%.  Major markets--EC 54%, other European 
countries 19%, U.S. 8%, developing countries 7%.   Imports--$318 
billion:  food, petroleum products, manufactured goods, electrical 
products, automobiles, apparel.  Percent of GDP--18.4%.  Major 
suppliers--EC countries 52%, other European countries 16%, developing 
countries 10%, U.S. 7%.  
Government:  Federal republic. 
Founded: 1949.  On October 3, 1990, the Federal Republic of Germany 
(F.R.G.) and the German Democratic Republic unified in accordance with 
Article 23 of F.R.G. Basic Law. 
 
Currency exchange:  $1US=1.4DM. 
Time conversion:  EST+6 (Bonn)  
 

Italy 
 
GDP (1992):  $1.2 trillion.   
GDP growth rate (1992):  1%. 
Inflation rate (1993):  4.4%. 
Unemployment rate (1992 est.): 10.2%. 
Foreign assistance (1993): $3 billion, 0.3% of GDP. 
 
Area:  301,230 sq.km. (120,492 sq. mi.).  
Population:  57 million.   
Work force (21 million):  Services--58%.  Industry and commerce--32%.  
Agriculture--10%. 
Natural resources:  Fish, natural gas. 
Agriculture:  Products--wheat, rice, grapes, olives, citrus fruits. 
Industry:  Types--automobiles, machinery, chemicals, textiles, shoes. 
Merchandise trade (1992):  Exports--$178 billion: machinery and 
transport equipment, textiles, foodstuffs, chemicals, footwear.  Percent 
of GDP--15.4%.  Imports--$175 billion:  machinery and transport 
equipment, foodstuffs, ferrous and non-ferrous metals, wool, cotton, 
petroleum.  Percent of GDP--15.1%.  Major trade partners (1992)--Germany 
20%, France 16%, U.S. 7%, U.K. 7%, OPEC 5%, Russia 2%. 
Government:  Republic since June 2, 1946.  Constitution:  January 1, 
1948.  Kingdom of Italy proclaimed March 17, 1861. 
 
Currency exchange:  $1US=1625 lira. 
Time conversion:  EST+6 (Rome)  

 
Japan 
 
GNP (1993):  $4.3 trillion.  
GNP growth rate (1993):  0.1%.   
Inflation rate (1993):  1.2%. 
Unemployment rate (1993):  2.5%. 
Foreign assistance (1993):  $11.3 billion, 0.3% of GNP. 
 
Area:  377,835 sq. km. (151,134 sq. mi.).  
Population:  125 million. 
Work force (63 million):  Services--43%.  Trade, manufacturing, mining, 
and construction--32%. Agriculture--8%.  Government--7%.   
Natural resources:  Negligible mineral resources, fish. 
Agriculture:  Products--rice, vegetables, fruits, milk, meat, silk. 
Industry:  Types--machinery and equipment, metals and metal products, 
textiles, autos, chemicals, electrical and electronic equipment. 
Merchandise trade (1993):  Exports--$351 billion: motor vehicles, 
machinery and equipment, electrical and electronic products, metals and 
metal products.  Percent of GNP--8.2%.  Major markets--U.S. 29%, EC 21%, 
developing countries 43%.  Imports--$210 billion:  fossil fuels, metal 
ore, raw materials, foodstuffs, machinery and equipment.  Percent of 
GNP--4.9%.  Major suppliers--U.S. 23%, EC 17%, developing countries 48%. 
Government:  Parliamentary democracy.  Constitution:  May 3, 1947. 
 
Currency exchange:  $1US=86 yen. 
Time conversion:  EST+14 (Tokyo)  
 

United Kingdom  
 
GDP (1993):  $1 trillion. 
GDP growth rate (1993):  2.1%. 
Inflation rate (1993):  1.5%. 
Unemployment rate (1993):  10.3%. 
Foreign assistance (1993):  $2.9 billion, 0.3% of GDP. 
 
Area:  244,820 sq. km. (97,928 sq. mi.).  
Population:  58 million. 
Work force (about 28 million in 1991): Services--64%.  Manufacturing and 
engineering--26%.  Construction--5%.  Mining and energy--3%.  
Agriculture--2%. 
Natural resources:  Coal, oil, gas (North Sea).   
Agriculture:  Products--cereals, livestock, livestock products, fish. 
Industry:  Types--steel, heavy engineering and metal manufacturing, 
textiles, motor vehicles and aircraft, construction, electronics, 
chemicals. 
Merchandise trade (1993):  Exports--$182 billion: machinery and 
transport equipment, petroleum, manufactures, chemicals.  Percent of 
GDP--19.2%.  Major markets--EC, U.S., Sweden, Saudi Arabia, Nigeria, 
Switzerland, South Africa.  Imports--$202 billion: machinery and 
transport equipment, manufactures, foodstuffs, petroleum, chemicals.  
Percent of GDP--21.4%.  Major suppliers--EC, U.S., Japan, Norway, 
Sweden, Switzerland. 
Government:  Constitutional monarchy.  Constitution:  Unwritten;  partly 
statutes, partly common law and practice. 
 
Currency exchange: $1US=0.7 pound. 
Time conversion:  EST+5 (London)  

 
United States 
 
GDP (1993):  $6.3 trillion. 
GDP growth rate (1993):  3.1%. 
Inflation rate (1993):  3.0%. 
Unemployment rate (1993):  6.7%. 
Foreign Assistance (1993):  $9.7 billion, 0.2% of GDP. 
 
Area:  9.3  million sq. km. (3.6 million sq. mi.).  
Population:  258 million. 
Work force (about 118 million in 1992):  Goods producing--26%.  Service 
producing--74%. 
Natural resources:  Coal, copper, lead, molybdenum, phosphates, uranium, 
bauxite, gold, iron, mercury, nickel, potash, silver, tungsten, zinc, 
crude oil, natural gas, timber.   
Agriculture:  Products--grain, livestock, livestock products, fish. 
Goods-producing industry3:  Types--petroleum, steel, motor vehicles, 
aerospace, telecommunications, chemicals, electronics, food processing, 
consumer goods, fishing, lumber, mining. 
Merchandise trade (1993):  Exports--$457 billion: capital goods, 
automobiles, industrial supplies and raw materials, consumer goods, 
agricultural products.  Percent of GDP--7.2%.  Major markets--EC, Japan, 
Canada.  Imports--$589 billion: crude and partly refined petroleum, 
machinery, automobiles, consumer goods, industrial raw materials, food 
and beverages.  Percent of GDP--9.3%.  Major suppliers--EC, Japan, 
Canada. 
Government:  Federal republic; strong democratic tradition.  
Independence:  July 4, 1776.  Constitution:  September 17, 1787, 
effective June 4, 1789.  
 

(1) Japan uses gross national product (GNP); all others use gross 
domestic product (GDP).
(2) Unless otherwise indicated, data are for the former West Germany 
only.
(3) Figures for U.S. industry are calculated based on work force 
categories of “goods-producing” and “service-producting” industries.


June 6, 1995
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