0008; telephone (202)
265-9717 through 9721;

US--Ambassador Gordon L. STREET; Embassy at corner of Independence
Avenue and United Nations Avenue, Lusaka (mailing address is P. O. Box
31617, Lusaka); telephone [2601] 228-595, 228-596, 228-598, 228-601,
228-602, 228-603, 251-419

_#_Flag: green with a panel of three vertical bands of red (hoist
side), black, and orange below a soaring orange eagle, on the outer
edge of the flag

_*_Economy
_#_Overview: The economy has been in decline for more than a decade
with falling imports and growing foreign debt. Economic difficulties
stem from a sustained drop in copper production and ineffective economic
policies. In 1990 real GDP stood only slightly higher than that of 10
years before, while an annual population growth of more than 3% has
brought a decline in per capita GDP of 25% during the same period. A
high inflation rate has also added to Zambia's economic woes in recent
years.

_#_GDP: $4.7 billion, per capita $580; real growth rate - 2% (1990)

_#_Inflation rate (consumer prices): 80% (1990)

_#_Unemployment rate: NA%

_#_Budget: revenues $1.5 billion; expenditures $1.5 billion,
including capital expenditures of $300 million (1991 est.)

_#_Exports: $1.1 million (f.o.b., 1990);

commodities--copper, zinc, cobalt, lead, tobacco;

partners--EC, Japan, South Africa, US

_#_Imports: $1.1 million (c.i.f., 1990);

commodities--machinery, transportation equipment, foodstuffs,
fuels, manufactures;

partners--EC, Japan, South Africa, US

_#_External debt: $7.2 billion (December 1990)

_#_Industrial production: growth rate 2.9% (1990); accounts for
one-third of GDP

_#_Electricity: 1,900,000 kW capacity; 8,245 million kWh produced,
1,050 kWh per capita (1989)

_#_Industries: copper mining and processing, transport, construction,
foodstuffs, beverages, chemicals, textiles, and fertilizer

_#_Agriculture: accounts for 15% of GDP and 85% of labor force;
crops--corn (food staple), sorghum, rice, peanuts, sunflower, tobacco,
cotton, sugarcane, cassava; cattle, goats, beef, eggs;
marginally self-sufficient in corn

_#_Economic aid: US commitments, including Ex-Im (1970-89), $484
million; Western (non-US) countries, ODA and OOF bilateral commitments
(1970-88), $4.5 billion; OPEC bilateral aid (1979-89), $60 million;
Communist countries (1970-89), $533 million

_#_Currency: Zambian kwacha (plural--kwacha);
1 Zambian kwacha (ZK) = 1