plement the peace agreement
and reform government policies. Despite the increase in the pace of
civil warfare in late 1998, the economy grew by an estimated 4% in
1999. The government introduced new currency denominations in 1999,
including a 1 and 5 kwanza note. Expanded oil production brightens
prospects for 2000, but internal strife discourages investment outside
of the petroleum sector.

GDP: purchasing power parity - $11.6 billion (1999 est.)

GDP - real growth rate: 4% (1999 est.)

GDP - per capita: purchasing power parity - $1,030 (1999 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): 270% (1999 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 (1999 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: 1.886 billion kWh (1998)

Electricity - production by source:
fossil fuel: 24.97%
hydro: 75.03%
nuclear: 0%
other: 0% (1998)

Electricity - consumption: 1.754 billion kWh (1998)

Electricity - exports: 0 kWh (1998)

Electricity - imports: 0 kWh (1998)

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

Exports: $5 billion (f.o.b., 1999 est.)

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

Exports - partners: US 63%, Benelux 9%, China, Chile, France (1998)

Imports: $3 billion (f.o.b., 1999 est.)

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

Imports - partners: Portugal 20%, US 17%, South Africa 10%, Spain,
Brazil, France (1998)

Debt - external: $10.5 billion (1999 est.)

Economic aid - rec