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.)