Economy of Angola. Statistics, Data and Indicators
Angola
| N/AN/A | Credit rank # |
| N/A | Quality of life # |
| 136 | Corruption rank#151 |
| 177 | Ease of doing business#151 |
Angola Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 72.55 USD Billion | 2021 |
| GDP Annual Growth Rate | 2.6 % | 1Q/22 |
| GDP per capita | 3214 USD | 2020 |
| Inflation Rate YoY | 24.42 % | May/22 |
| Interest Rate | 20 % | Jun/22 |
| Unemployment Rate | 32.9 % | 2021 |
| Balance of Trade | 6878 USD Million | 6.878 B USD | 4Q/21 |
| Current Account | 3740 USD Million | 3.74 B USD | 2021 |
| Foreign Exchange Reserves | 15038 AOA Billion | 35.128 B USD | May/22 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 72.55 USD Billion | 2021 |
| GDP Annual Growth Rate | 2.6 % | 1Q/22 |
| GDP per capita | 3214 USD | 2020 |
| GDP per capita PPP | 6198 USD | 2020 |
| GDP From Agriculture | 20029 AOA Billion | 46.787 B USD | 2022 |
| GDP From Construction | 34822 AOA Billion | 81.343 B USD | 2022 |
| GDP From Manufacturing | 14284 AOA Billion | 33.367 B USD | 2022 |
| GDP From Mining | 6057 AOA Billion | 14.149 B USD | 2022 |
| GDP From Public Administration | 34436 AOA Billion | 80.441 B USD | 2022 |
| GDP From Services | 73307 AOA Billion | 171.242 B USD | 2022 |
| GDP From Transport | 11950 AOA Billion | 27.915 B USD | 2022 |
| GDP From Utilities | 3459 AOA Billion | 8.08 B USD | 2022 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 85 % | 2021 |
| Government Budget Value | -982 AOA Million | -0.002 B USD | 2021 |
| Government Spending | 5930 AOA Million | 0.014 B USD | 2020 |
| Government Revenues | 8105 AOA Million | 0.019 B USD | 2021 |
| Fiscal Expenditure | 9087 AOA Million | 0.021 B USD | 2021 |
| Government Budget to GDP | -2.3 % | 2021 |
| Military Expenditure | 1301 USD Million | 1.301 B USD | 2020 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 137 Index Points | May/22 |
| Food Inflation | 30.4 % | Apr/22 |
| Inflation Rate YoY | 24.42 % | May/22 |
| Producer Prices | 425 Index points | May/22 |
| Inflation Rate Mom | 0.93 % | May/22 |
| CPI Housing Utilities | 382 Index Points | Apr/22 |
| CPI Transportation | 319 Index Points | Apr/22 |
| Producer Prices Change | 28.69 % | May/22 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | 12.4 % | 2021 |
| Balance of Trade | 6878 USD Million | 6.878 B USD | 4Q/21 |
| Capital Flows | -3190 USD Million | -3190000 B USD | 2021 |
| Current Account | 3740 USD Million | 3.74 B USD | 2021 |
| Exports | 10024 USD Million | 10.024 B USD | 4Q/21 |
| External Debt | 50132 USD Million | 50.132 B USD | 2021 |
| Foreign Exchange Reserves | 15038 AOA Billion | 35.128 B USD | May/22 |
| Imports | 3145 USD Million | 3.145 B USD | 4Q/21 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Bank Lending Rate | 20.4 % | Feb/22 |
| Gold Reserves | 19.07 Tonnes | Oct/18 |
| Interbank Rate | 15.9 % | May/22 |
| Interest Rate | 20 % | Jun/22 |
| Loans to Private Sector | 4288391 AOA Million | 10.017 B USD | May/22 |
| Money Supply M1 | 5763496 AOA Million | 13.463 B USD | May/22 |
| Money Supply M2 | 10931288 AOA Million | 25.535 B USD | May/22 |
| Money Supply M3 | 10931288 AOA Million | 25.535 B USD | May/22 |
| Central Bank Balance Sheet | 11242 AOA Billion | 26.261 B USD | Feb/22 |
| Deposit Interest Rate | 7.05 % | 2021 |
| Foreign Direct Investment | 3301 USD Million | 3.301 B USD | 2021 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 32181 AOA/Month | 75.173 USD/Month | 2022 |
| Unemployment Rate | 32.9 % | 2021 |
| 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 | 25 % | 2021 |
| Personal Income Tax Rate | 25 % | 2021 |
| Sales Tax Rate | 14 % | 2021 |
| Social Security Rate | 11 % | 2021 |
| Social Security Rate For Companies | 8 % | 2021 |
| Social Security Rate For Employees | 3 % | 2021 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 1162 BBL/D/1K | May/22 |
| Industrial Production | 2.54 % | 1Q/22 |
| Mining Production | 4.8 % | 4Q/21 |
| Industrial Production (MoM) | 1.1 % | 4Q/21 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Business Confidence | 6 Index Points | 1Q/22 |
| Corruption Index | 29 Index Points | 2021 |
| Corruption Rank | 136 place | 2021 |
| Ease of Doing Business | 177 place | 2019 |
| Manufacturing Production | 7.4 % | 4Q/21 |
| Competitiveness Index | 38.11 Index Points | 2019 |
| Competitiveness Rank | 136 | 2019 |
