Country Profile

Angola

COUNTRY
GEOGRAPHY

ANGOLA
Location Southern Africa, bordering the South Atlantic Ocean, between Namibia and Democratic Republic of the Congo Area 1,246,700 sq km Natural Resources Petroleum, diamonds, iron ore, phosphates, copper, feldspar, gold, bauxite, uranium

POPULATION Size CAPITAL, PORTS AND HARBOURS Capital Ports and Harbours

10,978,552 (2004 est.) Luanda Ambriz Cabinda Lobito Luanda Malongo

Mocamedes Namibe Porto Amboim Soyo

ECONOMY Overview

Oil production and the supporting activities are vital to the economy, contributing about 45% to GDP and more than half of exports. Angola made progress in bringing inflation down from 325% in 2000 to about 106% in 2002.

GDP - PPP GDP - Real Growth Rate GDP - per capita PPP GDP - Composition by sector

Inflation Rate (Consumer Prices) Industries

$20.4 billion (2003 est.) 1.5% (2003 est.) $1,900 (2003 est.) Agriculture: 8% Industry: 67% Services: 25% (2001 est) 76.6% (2003 est.) Petroleum; diamonds, iron ore, phosphates, feldspar, bauxite, uranium, and gold; cement; basic metal products; fish processing; food processing; brewing; tobacco products; sugar; textiles. $9.7 billion (2003 est.) Crude oil, diamonds, refined petroleum products, gas, coffee, sisal, fish and fish products, timber, cotton US 48.1%, China 23.5%, Taiwan 8.1%, France 7.4% (2003 est.) $4.1 billion (2003 est.) Machinery and electrical equipment, vehicles and spare parts; medicines, food, textiles, military goods Portugal 18.1%, South Africa 12.3%, US 12.1%, Netherlands 11.5%, France 6.5%, Brazil 6.2%, UK 4.1% (2003 est.) Kwanza (AOA) AOA Kwanza per US dollar - 74.6 (2003), 43.5 (2002), 22.1 (2001)

Exports Value in F.O.B Commodities Partners Imports Value in F.O.B Commodities Partners Currency Currency Currency Code Exchange Rates
Last updated: - 08 Nov 2004