Angola Economy - 1986

GEOGRAPHICAL NAMES 

GDP: $4 0 billion (1985 est.), $500 per capita, 0% real growth (1985)

Natural resources: petroleum, diamonds, iron phosphates, copper, feldspar, gold, bauxite, uranium

Agriculture: cash crops- -coffee, sisal, corn, cotton, sugar manioc, and tobacco; food crops- -cassava corn, vegetables, plantains, bananas, and other local foodstuffs; drought and disruptions caused by civil war require food imports

Pishing. catch 112,000 metric tons (1982)

Major industries: mining (oil, diamonds), fish processing, brewing, tobacco, sugar processing, textiles, cement, food processing plants, building construction

Electric power: (including Cabinda) 630 000 kW capacity (1985); 1.655 billion kWh produced (1985), 208 kWh per capita

Exports: est. $2.0 billion (f.o.b., 1985); oil, coffee, diamonds, sisal, fish and fish products, iron ore, timber, and cotton

Imports: est. $1.7 billion (f.o.b., 1985); capital equipment (machinery and electrical equipment), wines, bulk iron and ironwork, steel and metals, vehicles and spare parts, textiles and clothing, medicines, food; substantial military deliveries

Major trade partners: Cuba, USSR, Portugal, and US

Budget: (1981) est revenues $2.0 billion; est. total expenditures $3.5 billion

Monetary conversion rate: 30.214 kwanza=US$l (December 1985)

Fiscal year: calendar year

NOTE: The information regarding Angola on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Angola 1986 information contained here. All suggestions for corrections of any errors about Angola 1986 should be addressed to the CIA or the source cited on each page.