United States. Central Intelligence Agency

The 1994 CIA World Factbook


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1975; National Union for the Total Independence of Angola (UNITA), led

       by Jonas SAVIMBI, remains a legal party despite its return to armed

       resistance to the government; five minor parties have small numbers of

       seats in the National Assembly

       Other political or pressure groups:

       Cabindan State Liberation Front (FLEC), N'ZITA Tiago, leader of

       largest faction (FLEC-FAC)

       note:

       FLEC is waging a small-scale, highly factionalized, armed struggle for

       the independence of Cabinda Province

       Member of:

       ACP, AfDB, CCC, CEEAC (observer), ECA, FAO, FLS, G-77, IBRD, ICAO,

       IDA, IFAD, IFC, ILO, IMF, IMO, INTELSAT, INTERPOL, IOC, IOM, ITU,

       LORCS, NAM, OAS (observer), OAU, SADC, UN, UNCTAD, UNESCO, UNIDO, UPU,

       WCL, WFTU, WHO, WIPO, WMO, WTO

       Diplomatic representation in US:

       chief of mission:

       Ambassador Jose PATRICIO

       embassy:

       1899 L Street NW, 5th floor, Washington, DC 20038

       telephone:

       (202) 785–1156

       FAX:

       (202) 785–1258

       US diplomatic representation:

       chief of mission:

       Ambassador Edmund DE JARNETTE

       embassy:

       Miramar, Luanda

       mailing address:

       CP6484, Luanda, Angola (mail international); US Embassy, Luanda,

       Department of State, Washington, D.C. 20521–2550 (pouch)

       telephone:

       [244] (2) 39–24-98

       FAX:

       [244] (2) 39–05-15

       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)

      @Angola, Economy

      Overview:

       Subsistence agriculture provides the main livelihood for 80–90% of the

       population but accounts for less than 15% of GDP. Oil production is

       vital to the economy, contributing about 60% to GDP. Bitter internal

       fighting continues to severely affect the economy, and food must be

       imported. In 1993, production fell by an estimated 22.6%, mainly

       because of the capture by insurgents of the oil town of Soyo and

       diamond-producing areas in northeastern Angola. Angola has rich

       natural resources - notably gold, diamonds, and arable land, in

       addition to large oil depoaits - but will need to end the war and

       reform government policies if it is to achieve its potential.

       National product:

       GDP - purchasing power equivalent - $5.7 billion (1993 est.)

       National product real growth rate:

       −22.6% (1993 est.)

       National product per capita:

       $600 (1993 est.)

       Inflation rate (consumer prices):

       1,840% (1993 est.)

       Unemployment rate:

       15% with considerable underemployment (1993 est.)

       Budget:

       revenues:

       $928 million

       expenditures:

       $2.5 billion, including capital expenditures of $963 million (1992

       est.)

       Exports:

       $3 billion (f.o.b., 1993 est.)

       commodities:

       oil, diamonds, refined petroleum products, gas, coffee, sisal, fish

       and fish products, timber, cotton

       partners:

       US, France, Germany, Netherlands, Brazil

       Imports:

       $1.6 billion (f.o.b., 1992 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 (1993 est.)

       Industrial production:

       growth rate NA%; accounts for about 60% of GDP, including petroleum

       output

       Electricity:

       capacity:

       510,000 kW

       production:

       800 million kWh

       consumption per capita:

       84 kWh (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 - bananas, sugar cane, coffee, sisal, corn, cotton, cane,

       manioc, tobacco; food crops - cassava, corn, vegetables, plantains ;

       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:

       recipient:

       US commitments, including Ex-Im (FY70–89), $265 million; Western

       (non-US) countries, ODA and OOF bilateral commitments (1970–89),

       $1.105 billion; Communist countries (1970–89), $1.3 billion; net

       official disbursements (1985–89), $750 million

       Currency:

       1 new kwanza (NKz) = 100 lwei

       Exchange rates:

       kwanza (Kz) per US$1 - 90,000 (official rate 1June 1994), 180,000

       (black market rate 1 June 1994); 7,000 (official rate 16 December

       1993), 50,000 (black market rate 16 December 1993); 3,884 (July 1993);

       550 (April 1992); 90 (November 1991); 60 (October 1990)

       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 of the Benguela Railroad also closed