Angola's total
labor force
for 1997 was estimated at 5 million, with 85 percent of the workforce
engaged
in agriculture, and industry and services with 15 percent. Despite the
large segment of the population in agriculture, it contributed only 13
percent to GDP in 1998. Industry contributed 53 percent, and services
provided 34 percent of GDP in the same year, according to the
CIA World Factbook.
The most important industries are petroleum, diamonds, fish, and fish
processing. Other significant industries are iron ore, phosphates,
feldspar, bauxite, uranium, gold, cement, basic metal products, food
processing, brewing, tobacco products, and sugar textiles.
Agricultural products include bananas, sugarcane, coffee, sisal, corn,
cotton, manioc, tobacco, vegetables, plaintains, livestock, forest
products, and fish. The most important of these agricultural products
for export are coffee, sisal, timber, and cotton. However, agricultural
production in Angola has been severely reduced by the civil war. The
majority of agriculture is now
subsistence farming
. The industrial sector has likewise been reduced, with oil as the
sector's only growing industry. This is important for the
economic development of Angola, but is not enough to create sustainable
development, and leaves Angola's economy vulnerable to
fluctuating oil prices.
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