Economy of Angola. Statistics, Data and Indicators
Angola
| N/AN/A | Credit rank # |
| N/A | Quality of life # |
| 116 | Corruption rank#151 |
| 177 | Ease of doing business#151 |
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
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 25 % | 2022 |
| Personal Income Tax Rate | 25 % | 2022 |
| Sales Tax Rate | 14 % | 2022 |
| Social Security Rate | 11 % | 2022 |
| Social Security Rate For Companies | 8 % | 2022 |
| Social Security Rate For Employees | 3 % | 2022 |
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 |
