ission: Ambassador Antonio dos Santos FRANCA "N'dalu"
chancery: 1050 Connecticut Avenue, NW, Suite 760, Washington, DC 20036
telephone: [1] (202) 785-1156
FAX: [1] (202) 785-1258

Diplomatic representation from the US:
chief of mission: Ambassador Donald K. STEINBERG
embassy: No. 32 Rua Houari Boumedienne, Miramar, Luanda
mailing address: International mail: Caixa Postal 6484, Luanda; Pouch:
American Embassy Luanda, Department of State, Washington, DC
20521-2550
telephone: [244] (2) 345-481, 346-418
FAX: [244] (2) 346-924

Flag description: 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

Economy-overview: Angola is an economy in disarray because of more
than 20 years of nearly continuous warfare. Despite its abundant
natural resources, output per capita is among the world's lowest.
Subsistence agriculture provides the main livelihood for 85% of the
population. Oil production and the supporting activities are vital to
the economy, contributing about 50% to GDP. Notwithstanding the
signing of a peace accord in November 1994, sporadic violence
continues, millions of land mines remain, and many farmers are
reluctant to return to their fields. As a result, much of the
country's food must still be imported. 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. Despite the high
inflation and political difficulties, total output grew an estimated
9% in 1996, largely due to increased oil production and higher oil
prices.

GDP: purchasing power parity-$8.2 billion (1996 est.)

GDP-real growth rate: 9% (1996 est.)

GDP-per capita: purchasing power parity-$800 (1996 est.)

GDP-composition by sector:
agriculture: 12%
industry: 56%
services: 32% (1994 est.)

Inflation rate-consumer price index: 92% (mid-1997 est.)

Labor force:
total: 2.783 million economically active
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;