Figure 3 Economic Contribution of the Energy Sector (in percent)  2001  2002  2003  2004  Gross Domestic Product  28.3  27.8  34.8  34.1  Employment  3.0  3.3  3.3  3.4  Government Revenue  36.6  31.1  38.7  37.1  Merchandise Exports  78.2  75.9  83.3  85.8  776.8  684.3  583.1  972.7  Energy Sector Share in:  Memo Item $ Foreign Direct Investment  2  BIS Review 21/2005  The overwhelming influence of the energy sector in our economy is illustrated in Figure 3.
To engage in the broader range of insurance activities, a bank holding company must qualify to become a financial holding company by certifying that its subsidiary banks are well capitalized and well managed, among other criteria. As of year-end 2003, about 630 bank holding companies and foreign banks have chosen to become financial holding companies.