economic potential Angola not only must secure domestic peace
but also must reform government policies that have led to distortions and
imbalances throughout the economy.
National product:
GDP - exchange rate conversion - $5.1 billion (1991 est.)
National product real growth rate:
1.7% (1991 est.)
National product per capita:
$950 (1991 est.)
Inflation rate (consumer prices):
1,000% (1992 est.)
Unemployment rate:
NA%
Budget:
revenues $2.1 billion; expenditures $3.6 billion, including capital
expenditures of $963 million (1991 est.)
Exports:
$3.7 billion (f.o.b., 1991 est.)
commodities:
oil, liquefied petroleum gas, diamonds, coffee, sisal, fish and fish
products, timber, cotton
partners:
US, France, Germany, Netherlands, Brazil
Imports:
$1.5 billion (f.o.b., 1991 est.)
commodities:
capital equipment (machinery and electrical equipment), food, vehicles and
spare parts, textiles and clothing, medicines; substantial military
deliveries
partners:
Portugal, Brazil, US, France, Spain
External debt:
$8 billion (1991)
Industrial production:
growth rate NA%; accounts for about 60% of GDP, including petroleum output
Electricity:
510,000 kW capacity; 800 million kWh produced, 84 kWh per capita (1991)
Industries:
petroleum; mining diamonds, iron ore, phosphates, feldspar, bauxite,
uranium, and gold;, fish processing; food processing; brewing; tobacco;
sugar; textiles; cement; basic metal products
Agriculture:
cash crops - coffee, sisal, corn, cotton, sugar cane, manioc, tobacco; food
crops - cassava, corn, vegetables, plantains, bananas; livestock production
accounts for 20%, fishing 4%, forestry 2% of total agricultural output;
disruptions caused by civil war and marketing deficiencies require food
imports
Economic aid: US commitments, including Ex-Im (FY70-89), $265 million; Western (non-US)
countries, ODA and OOF bilateral commitments (1970-89), $1,105 million;
Communist countries (1970-89), $1.3 billion; net official disbursements
(1985-89), $750 million
*Angola, Economy
Currency:
1 kwanza (Kz) = 100 kwei
Exchange rates:
kwanza (Kz) per US$1 -4,000 (black market rate was 17,000 on 30 April 1993)
Fiscal year:
calendar year
*Angola, Communications
Railroads:
3,189 km total; 2,879 km 1.067-meter gauge, 310 km 0.600-meter gauge;
limited trackage in use because of landmines still in place from the civil
war; majority o
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