ECONOMIC DATA SHEET - ANGOLA
Document Type:
Collection:
Document Number (FOIA) /ESDN (CREST):
CIA-RDP93T01142R000100210007-3
Release Decision:
RIFPUB
Original Classification:
K
Document Page Count:
1
Document Creation Date:
December 22, 2016
Document Release Date:
December 5, 2011
Sequence Number:
7
Case Number:
Content Type:
MISC
File:
Attachment | Size |
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Body:
Declassified and Approved For Release 2011/12/05: CIA-RDP93T01142R000100210007-3
ECONOMIC DATA SHEET - ANGOLA
o Imports for 1986 - $1.1 billion (1985 - $1.4 billion)
-- US share $86.5 million (1985 - $137 million)
-- mostly machine parts, oil equipment, chemicals and food
o Exports for 1986 - $1.4 billion (1985,- $2.1. billion)
-- US share $729 million, mostly oil (1985 - $1.09 billion)
-- oil prices still low, diamond and coffee exports way down
o Currently no USG restrictions on non-military trade with Angola
o West Europe, Japan and Brazil other chief trading partners
o U.S. direct investment (1986 est) $1.5 - 2.0 billion
Trade
USG Economic relations with Angola:
o No US assistance to Angola. $500 thousand in '86 food aid
through UNICEF and ICRC used in Angola.
o EXIT total exposure about $200 million
-- Last oil package signed in June, 1984
In Oct. 1986, Congress forbid EXIM taking further Angolan
business except in support of agricultural/food exports
Angolan Economy
GDP $4.5 billion (1985)
Growth rate 0% (1985 est)
Foreign Debt $2.5 billion (1986)
Population 8.5 million (1986 est)
Literacy 20 - 30%
Life expectancy 41 yrs
GDP per capita $540 (1935 est)
Inflation rate 40-45% (1982)
Infant Mortality 148/1000 (1983)
11 Declassified and Approved For Release 2011/12/05: CIA-RDP93T01142R000100210007-3