support in immediate postindependence
struggle, now carrying out insurgency

Suffrage: universal adult at age NA

Elections: none held to date

Member of: ACP, AfDB, CCC, FAO, G-77, GATT (de facto), ICAO, IFAD, ILO,
IMO, INTELSAT, ITU, NAM, OAU, SADCC, UN, UNESCO, UNICEF, UPU, WFTU, WHO, WMO

Diplomatic representation: none

Flag: two equal horizontal bands of red (top) and black with a centered
yellow emblem consisting of a five-pointed star within half a cogwheel crossed
by a machete (in the style of a hammer and sickle)

- Economy
Overview: Subsistence agriculture provides the main livelihood for
80-90% of the population, but accounts for only 10-20% of GDP. Oil production
is the most lucrative sector of the economy, contributing about 50% to
GDP. In recent years, however, the impact of fighting an internal war has
severely affected the economy and food has to be imported.

GDP: $5.0 billion, per capita $600; real growth rate 9.2% (1988 est.)

Inflation rate (consumer prices): NA%

Unemployment rate: NA%

Budget: revenues NA; expenditures $2.7 billion, including capital
expenditures of NA (1986 est.)

Exports: $2.9 billion (f.o.b., 1989 est.); commodities--oil, coffee,
diamonds, sisal, fish and fish products, timber, cotton; partners--US,
USSR, Cuba, Portugal, Brazil

Imports: $2.5 billion (f.o.b., 1989 est.); commodities--capital
equipment (machinery and electrical equipment), food, vehicles and spare parts,
textiles and clothing, medicines; substantial military deliveries;
partners--US, USSR, Cuba, Portugal, Brazil

External debt: $3.0 billion (1989)

Industrial production: growth rate NA%

Electricity: 506,000 kW capacity; 770 million kWh produced,
90 kWh per capita (1989)

Industries: petroleum, mining (phosphate rock, diamonds), fish processing,
brewing, tobacco, sugar, textiles, cement, food processing, building
construction

Agriculture: cash crops--coffee, sisal, corn, cotton, sugar, manioc,
tobacco; food crops--cassava, corn, vegetables, plantains, bananas, and
other local foodstuffs; disruptions caused by civil war and marketing
deficiencies require food imports

Aid: US commitments, including Ex-Im (FY70-88), $263 million; Western
(non-US) countries, ODA and OOF bilateral commitments (1970-87), $903 million;
Communist countries (1970-88), $1.3 billion

Currency: kwanza (plural--kwanza); 1 kwanza (Kz) = 100 lwei

Exchange rates: kwanza (Kz) per US$1--29.62 (fixed rate since 1976)