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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 #
136 Corruption rank#151
177 Ease of doing business#151
Angola


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



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