d. To take advantage of its rich
resources--gold, diamonds, extensive forests, Atlantic fisheries,
arable land, and large oil deposits--Angola will need to implement
the peace agreement and reform government policies. The increase in
the pace of civil warfare in late 1998 dims economic prospects for
1999 especially if the oil sector were to be damaged.

GDP: purchasing power parity--$11 billion (1998 est.)

GDP--real growth rate: 0.5% (1998 est.)

GDP--per capita: purchasing power parity?$1,000 (1998 est.)

GDP--composition by sector:
agriculture: 13%
industry: 53%
services: 34% (1998 est.)

Population below poverty line: NA%

Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: NA%

Inflation rate (consumer prices): 90% (1998 est.)

Labor force: 5 million (1997 est.)

Labor force--by occupation: agriculture 85%, industry and services
15% (1997 est.)

Unemployment rate: extensive unemployment and underemployment
affecting more than half the population (1997 est.)

Budget:
revenues: $928 million
expenditures: $2.5 billion, including capital expenditures of $963
million (1992 est.)

Industries: petroleum; diamonds, iron ore, phosphates, feldspar,
bauxite, uranium, and gold; cement; basic metal products; fish
processing; food processing; brewing; tobacco products; sugar;
textiles

Industrial production growth rate: NA%

Electricity--production: 1.86 billion kWh (1996)

Electricity--production by source:
fossil fuel: 24.73%
hydro: 75.27%
nuclear: 0%
other: 0% (1996)

Electricity--consumption: 1.86 billion kWh (1996)

Electricity--exports: 0 kWh (1996)

Electricity--imports: 0 kWh (1996)

Agriculture--products: bananas, sugarcane, coffee, sisal, corn,
cotton, manioc (tapioca), tobacco, vegetables, plantains; livestock;
forest products; fish

Exports: $3.4 billion (f.o.b., 1998 est.)

Exports--commodities: crude oil 90%, diamonds, refined petroleum
products, gas, coffee, sisal, fish and fish products, timber, cotton
(1998)

Exports--partners: US 65%, EU, China (1997)

Imports: $2.2 billion (f.o.b., 1998 est.)

Imports--commodities: machinery and electrical equipment, vehicles
and spare parts; medicines, food, textiles and clothing; substantial
military goods

Imports--partners: Portugal 21%, US 15%, France 14%, South Africa
(1997)

Debt--external: $13 billion (1998 est.)

Economic aid--recipient