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
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PDF icon CIA-RDP93T01142R000100210007-3.pdf39.2 KB
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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