Hydrocarbons have long been the backbone of the economy, accounting for roughly 60% of budget revenues, 30% of GDP, and 87.7% of export earnings.
hˈaɪdɹəkˌɑːɹbənz hæv lˈɔŋ bˌɪn ðə bˈækboʊn ʌvðɪ ɪkˈɑːnəmi, ɐkˈaʊntɪŋ fɔːɹ ɹˈʌfli sˈɪksti pɚsˈɛnt ʌv bˈʌdʒɪt ɹˈɛvənˌuːz, θˈɜːɾi pɚsˈɛnt ʌv dʒˌiːdˌiːpˈiː, ænd ˈeɪɾi sˈɛvən.sˈɛvən pɚsˈɛnt ʌv ˈɛkspoːɹt ˈɜːnɪŋz.