Economy of Angola. Statistics, Data and Indicators
Angola
| N/AN/A | Credit rank # |
| N/A | Quality of life # |
| 146 | Corruption rank#151 |
| 177 | Ease of doing business#151 |
Angola Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 94.64 USD Billion | 2019 |
| GDP Annual Growth Rate | -8.8 % | 2Q/20 |
| GDP per capita | 3104 USD | 2019 |
| Inflation Rate YoY | 24.34 % | Oct/20 |
| Interest Rate | 15.5 % | Nov/20 |
| Unemployment Rate | 34 % | 2020 |
| Balance of Trade | 1343 USD Million | 1.343 B USD | 2Q/20 |
| Current Account | -134 USD Million | -0.134 B USD | 2020 |
| Foreign Exchange Reserves | 9173 AOA Billion | 14.035 B USD | Oct/20 |
GDP
94.64
B USD
#66 from 174 countries
GDP per capita
3104
USD
#110 from 169 countries
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 94.64 USD Billion | 2019 |
| GDP Annual Growth Rate | -8.8 % | 2Q/20 |
| GDP per capita | 3104 USD | 2019 |
| GDP per capita PPP | 6654 USD | 2019 |
| GDP From Agriculture | 21899 AOA Billion | 33.505 B USD | 2020 |
| GDP From Construction | 16489 AOA Billion | 25.228 B USD | 2020 |
| GDP From Manufacturing | 14473 AOA Billion | 22.144 B USD | 2020 |
| GDP From Mining | 6572 AOA Billion | 10.055 B USD | 2020 |
| GDP From Public Administration | 21659 AOA Billion | 33.138 B USD | 2020 |
| GDP From Services | 47044 AOA Billion | 71.977 B USD | 2020 |
| GDP From Transport | 2101 AOA Billion | 3.215 B USD | 2020 |
| GDP From Utilities | 3792 AOA Billion | 5.802 B USD | 2020 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 111 % | 2019 |
| Government Budget Value | 6.1 AOA Million | 0 B USD | 2019 |
| Government Spending | 4956 AOA Million | 0.008 B USD | 2019 |
| Government Revenues | 5986 AOA Million | 0.009 B USD | 2019 |
| Fiscal Expenditure | 5980 AOA Million | 0.009 B USD | 2019 |
| Government Budget to GDP | -0.7 % | 2019 |
| Military Expenditure | 2508 USD Million | 2.508 B USD | 2018 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 326 Index Points | Oct/20 |
| Inflation Rate YoY | 24.34 % | Oct/20 |
| Producer Prices | 283 Index points | Oct/20 |
| Inflation Rate Mom | 1.81 % | Oct/20 |
| CPI Housing Utilities | 303 Index Points | Sep/20 |
| CPI Transportation | 228 Index Points | Sep/20 |
| Producer Prices Change | 25.51 % | Oct/20 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | 6.1 % | 2019 |
| Balance of Trade | 1343 USD Million | 1.343 B USD | 2Q/20 |
| Capital Flows | -2083 USD Million | -2083000 B USD | 2020 |
| Current Account | -134 USD Million | -0.134 B USD | 2020 |
| Exports | 3453 USD Million | 3.453 B USD | 2Q/20 |
| External Debt | 48797 USD Million | 48.797 B USD | 2020 |
| Foreign Exchange Reserves | 9173 AOA Billion | 14.035 B USD | Oct/20 |
| Imports | 2111 USD Million | 2.111 B USD | 2Q/20 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Bank Lending Rate | 18.51 % | Aug/20 |
| Gold Reserves | 19.07 Tonnes | Oct/18 |
| Interbank Rate | 14.13 % | Oct/20 |
| Interest Rate | 15.5 % | Nov/20 |
| Loans to Private Sector | 4001173 AOA Million | 6.122 B USD | Oct/20 |
| Money Supply M1 | 5588581 AOA Million | 8.55 B USD | Oct/20 |
| Money Supply M2 | 12151684 AOA Million | 18.592 B USD | Oct/20 |
| Money Supply M3 | 12156697 AOA Million | 18.6 B USD | Oct/20 |
| Central Bank Balance Sheet | 12577 AOA Billion | 19.243 B USD | Aug/20 |
| Deposit Interest Rate | 6.42 % | 2019 |
| Foreign Direct Investment | 2587 USD Million | 2.587 B USD | 2020 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 21454 AOA/Month | 32.824 USD/Month | 2020 |
| Unemployment Rate | 34 % | 2020 |
| Living Wage Family | 149400 AOA/Month | 258.137 USD/Month | 2018 |
| Living Wage Individual | 61900 AOA/Month | 106.952 USD/Month | 2018 |
| Wages High Skilled | 211500 AOA/Month | 365.435 USD/Month | 2018 |
| Wages Low Skilled | 47400 AOA/Month | 81.899 USD/Month | 2018 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 30 % | 2020 |
| Personal Income Tax Rate | 17 % | 2020 |
| Sales Tax Rate | 14 % | 2020 |
| Social Security Rate | 11 % | 2020 |
| Social Security Rate For Companies | 8 % | 2020 |
| Social Security Rate For Employees | 3 % | 2020 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 1216 BBL/D/1K | Sep/20 |
| Industrial Production | 2.8 % | 1Q/20 |
| Mining Production | 3.4 % | 1Q/20 |
| Industrial Production (MoM) | 3.8 % | 1Q/20 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Business Confidence | -24 Index Points | 3Q/20 |
| Corruption Index | 26 Index Points | 2019 |
| Corruption Rank | 146 place | 2019 |
| Ease of Doing Business | 177 place | 2019 |
| Manufacturing Production | 8.6 % | 1Q/20 |
| Competitiveness Index | 38.11 Index Points | 2019 |
| Competitiveness Rank | 136 | 2019 |
Gold Reserves
19.07
Tonnes
#62 from 114 countries
Foreign Exchange Reserves
14.035
B USD
#65 from
114 countries
Government Budget Value
0
B USD
#40 from 113 countries
Inflation Rate
24.34
%
#11 from
174 countries
Interest Rate
15.5
%
#11 from
159 countries
Bank Lending Rate
18.51%
#3 from
55 countries
Unemployment Rate
34
%
#3 from
171 countries
Wages
N/A
N/A
#N/A from
N/A countries
