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Economy of Angola. Statistics, Data and Indicators

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Angola
N/AN/A Credit rank #
N/A Quality of life #
116 Corruption rank#151
177 Ease of doing business#151
Angola


Angola Major Economic Indicators

Indicator Data Period
GDP Value 67.4 USD Billion 2021
GDP Annual Growth Rate 3.9 % 3Q/22
GDP per capita 2300 USD 2021
Inflation Rate YoY 13.86 % Dec/22
Interest Rate 18 % Jan/23
Unemployment Rate 30.2 % 2022
Balance of Trade 9164 USD Million | 9.164 B USD 2Q/22
Current Account 3740 USD Million | 3.74 B USD 2021
Foreign Exchange Reserves 14477 AOA Billion | 28.707 B USD Dec/22


GDP Indicators

Indicator Data Period
GDP Value 67.4 USD Billion 2021
GDP Annual Growth Rate 3.9 % 3Q/22
GDP per capita 2300 USD 2021
GDP per capita PPP 5909 USD 2021
GDP From Agriculture  23692 AOA Billion | 46.98 B USD 2022
GDP From Construction  33903 AOA Billion | 67.228 B USD 2022
GDP From Manufacturing  16273 AOA Billion | 32.268 B USD 2022
GDP From Mining  6297 AOA Billion | 12.487 B USD 2022
GDP From Public Administration  37440 AOA Billion | 74.242 B USD 2022
GDP From Services  61088 AOA Billion | 121.134 B USD 2022
GDP From Transport  7929 AOA Billion | 15.723 B USD 2022
GDP From Utilities  3124 AOA Billion | 6.195 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 | 0.012 B USD 2020
Government Revenues 8105 AOA Million | 0.016 B USD 2021
Fiscal Expenditure  9087 AOA Million | 0.018 B USD 2021
Government Budget to GDP 2.7 % 2021
Military Expenditure 982 USD Million | 0.982 B USD 2021


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 145 Index Points Dec/22
Food Inflation 11.1 % Dec/22
Inflation Rate YoY 13.86 % Dec/22
Producer Prices 460 Index points Dec/22
Inflation Rate Mom 0.87 % Dec/22
CPI Housing Utilities 412 Index Points Dec/22
CPI Transportation 326 Index Points Dec/22
Producer Prices Change  18.79 % Dec/22


Trade Indicators

Indicator Data Period
Current Account to GDP 12.4 % 2021
Balance of Trade 9164 USD Million | 9.164 B USD 2Q/22
Capital Flows -3190 USD Million | -3190000 B USD 2021
Current Account 3740 USD Million | 3.74 B USD 2021
Exports 13676 USD Million | 13.676 B USD 2Q/22
External Debt 50132 USD Million | 50.132 B USD 2021
Foreign Exchange Reserves 14477 AOA Billion | 28.707 B USD Dec/22
Imports 4512 USD Million | 4.512 B USD 2Q/22


Money Indicators

Indicator Data Period
Bank Lending Rate 19.36 % Nov/22
Gold Reserves 19.07 Tonnes Oct/18
Interbank Rate 12.58 % Dec/22
Interest Rate 18 % Jan/23
Loans to Private Sector 4248252 AOA Million | 8.424 B USD Dec/22
Money Supply M1 5642398 AOA Million | 11.189 B USD Dec/22
Money Supply M2 11192262 AOA Million | 22.194 B USD Dec/22
Money Supply M3 10697748 AOA Million | 21.213 B USD Dec/22
Central Bank Balance Sheet 10418 AOA Billion | 20.658 B USD Nov/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 | 63.813 USD/Month 2022
Unemployment Rate 30.2 % 2022
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



Production Indicators

Indicator Data Period
Crude Oil Production 1088 BBL/D/1K Dec/22
Industrial Production 3.9 % 3Q/22
Mining Production 4 % 3Q/22
Industrial Production (MoM) -1.3 % 3Q/22


Business Indicators

Indicator Data Period
Business Confidence 6 Index Points 3Q/22
Corruption Index 33 Index Points 2022
Corruption Rank 116 place 2022
Ease of Doing Business 177 place 2019
Manufacturing Production 2.4 % 3Q/22
Competitiveness Index 38.11 Index Points 2019
Competitiveness Rank 136 2019