Diplomatic representation from the US: chief of mission: Ambassador Arlene RENDER embassy: corner of Independence Avenue and United Nations Avenue, Lusaka mailing address: P. O. Box 31617, Lusaka telephone: [260] (1) 250-955, 252-230 FAX: [260] (1) 252-225

Flag description: green with a panel of three vertical bands of red (hoist side), black, and orange below a soaring orange eagle, on the outer edge of the flag

Economy

Economy - overview: Despite progress in privatization and budgetary reform, Zambia's economy has a long way to go. Inflation, while slowing somewhat, continues to be a major concern to the CHILUBA government. Zambia's copper mining sector, which accounts for over 80% of the nation's foreign currency intake, is struggling. Production rates are down as are world copper prices. Aid cuts by Zambia's donors, arising out of concern for the November 1996 flawed election, will severely damage Zambia's economic prospects. Urged by the World Bank, Zambia has embarked on a privatization program which is to include the all-important copper industry.

GDP: purchasing power parity - $9.7 billion (1996 est.)

GDP - real growth rate: 6.4% (1996 est.)

GDP - per capita: purchasing power parity - $1,060 (1996 est.)

GDP - composition by sector: agriculture: 32% industry : 33% services: 35% (1994 est.)

Inflation rate - consumer price index: 34% (1995 est.)

Labor force: total: 3.4 million by occupation: agriculture 85%, mining, manufacturing, and construction 6%, transport and services 9%