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Economy Angola
Flag of Angola Angola
Population: 10,978,552 (July 2004 est.)
Capital: Luanda
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Tabular Data - The Angolan Economy

GDP : purchasing power parity - $20.42 billion (2003 est.)
GDP - Real Growth Rate : 1.5% (2003 est.)
GDP - Per Capita : purchasing power parity - $1,900 (2003 est.)
GDP - Composition By Sector : agriculture: 8%
industry: 67%
services: 25% (2001 est.)
Population Below Poverty Line : 70% (2003 est.)
Inflation Rate (Consumer Prices) : 76.6% (2003 est.)
Labor Force : 5.57 million (2003 est.)
Labor Force - By Occupation : agriculture 85%, industry and services 15% (2003 est.)
Budget : revenues: $4.874 billion
expenditures: $6.012 billion, including capital expenditures of $963 million (2003 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 : 1% (2000)
Electricity - Production : 1.45 billion kWh (2001)
Electricity - Production by Source : fossil fuel: 36.4%
hydro: 63.6%
nuclear: 0%
other: 0% (2001)
Electricity - Consumption : 1.348 billion kWh (2001)
Agriculture - Products : bananas, sugarcane, coffee, sisal, corn, cotton, manioc (tapioca), tobacco, vegetables, plantains; livestock; forest products; fish
Exports : $9.669 billion f.o.b. (2003 est.)
Exports - Commodities : crude oil, diamonds, refined petroleum products, gas, coffee, sisal, fish and fish products, timber, cotton
Exports - Partners : US 48.1%, China 23.5%, Taiwan 8.1%, France 7.4% (2003 est.)
Imports : $4.08 billion f.o.b. (2003 est.)
Imports - Commodities : machinery and electrical equipment, vehicles and spare parts; medicines, food, textiles, military goods
Imports - Partners : Portugal 18.1%, South Africa 12.3%, US 12.1%, Netherlands 11.5%, France 6.5%, Brazil 6.2%, UK 4.1% (2003 est.)
Debt - External : $9.164 billion (2003 est.)
Economic Aid - Recipient : $383.5 million (1999)
Currency : kwanza (AOA)
Currency Code : AOA
Exchange Rates : kwanza per US dollar - 74.6063 (2003), 43.5302 (2002), 22.0579 (2001), 10.041 (2000), 2.791 (1999), 0.393 (1998); note - in December 1999 the kwanza was revalued with six zeroes dropped off the old value
Fiscal Year : Calendar Year

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Data Source: Central Intelligence Agency 2004 World Factbook