Economy of Angola. Statistics, Data and Indicators
Angola
| N/AN/A | Credit rank # |
| N/A | Quality of life # |
| 142 | Corruption rank#151 |
| 177 | Ease of doing business#151 |
Angola Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 62.31 USD Billion | 2020 |
| GDP Annual Growth Rate | -3.4 % | 1Q/21 |
| GDP per capita | 2891 USD | 2020 |
| Inflation Rate YoY | 25.32 % | Jun/21 |
| Interest Rate | 20 % | Jul/21 |
| Unemployment Rate | 30.5 % | 2021 |
| Balance of Trade | 4383 USD Million | 4.383 B USD | 1Q/21 |
| Current Account | 894 USD Million | 0.894 B USD | 2020 |
| Foreign Exchange Reserves | 7977 AOA Billion | 12.366 B USD | May/21 |
GDP
62.31
B USD
#66 from 174 countries
GDP per capita
2891
USD
#110 from 169 countries
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 62.31 USD Billion | 2020 |
| GDP Annual Growth Rate | -3.4 % | 1Q/21 |
| GDP per capita | 2891 USD | 2020 |
| GDP per capita PPP | 6198 USD | 2020 |
| GDP From Agriculture | 19498 AOA Billion | 30.227 B USD | 2021 |
| GDP From Construction | 28845 AOA Billion | 44.717 B USD | 2021 |
| GDP From Manufacturing | 17120 AOA Billion | 26.541 B USD | 2021 |
| GDP From Mining | 9254 AOA Billion | 14.346 B USD | 2021 |
| GDP From Public Administration | 29177 AOA Billion | 45.232 B USD | 2021 |
| GDP From Services | 60371 AOA Billion | 93.591 B USD | 2021 |
| GDP From Transport | 6118 AOA Billion | 9.485 B USD | 2021 |
| GDP From Utilities | 3773 AOA Billion | 5.849 B USD | 2021 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 120 % | 2020 |
| 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 | -2.5 % | 2020 |
| Military Expenditure | 1301 USD Million | 1.301 B USD | 2020 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 110 Index Points | May/21 |
| Inflation Rate YoY | 25.32 % | Jun/21 |
| Producer Prices | 330 Index points | May/21 |
| Inflation Rate Mom | 2.05 % | Jun/21 |
| CPI Housing Utilities | 334 Index Points | May/21 |
| CPI Transportation | 262 Index Points | May/21 |
| Producer Prices Change | 29.33 % | May/21 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | 1.5 % | 2020 |
| Balance of Trade | 4383 USD Million | 4.383 B USD | 1Q/21 |
| Capital Flows | -2083 USD Million | -2083000 B USD | 2020 |
| Current Account | 894 USD Million | 0.894 B USD | 2020 |
| Exports | 6884 USD Million | 6.884 B USD | 1Q/21 |
| External Debt | 48797 USD Million | 48.797 B USD | 2020 |
| Foreign Exchange Reserves | 7977 AOA Billion | 12.366 B USD | May/21 |
| Imports | 2501 USD Million | 2.501 B USD | 1Q/21 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Bank Lending Rate | 18.04 % | May/21 |
| Gold Reserves | 19.07 Tonnes | Oct/18 |
| Interbank Rate | 15.14 % | May/21 |
| Interest Rate | 20 % | Jul/21 |
| Loans to Private Sector | 4388826 AOA Million | 6.804 B USD | May/21 |
| Money Supply M1 | 5906014 AOA Million | 9.156 B USD | May/21 |
| Money Supply M2 | 12345631 AOA Million | 19.139 B USD | May/21 |
| Money Supply M3 | 12350707 AOA Million | 19.147 B USD | May/21 |
| Central Bank Balance Sheet | 12972 AOA Billion | 20.11 B USD | May/21 |
| Deposit Interest Rate | 6.2 % | 2020 |
| Foreign Direct Investment | 6311 USD Million | 6.311 B USD | 2020 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 21454 AOA/Month | 33.259 USD/Month | 2021 |
| Unemployment Rate | 30.5 % | 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 | 1073 BBL/D/1K | Jun/21 |
| Industrial Production | -1.71 % | 4Q/20 |
| Mining Production | 2.2 % | 1Q/21 |
| Industrial Production (MoM) | -2.8 % | 4Q/20 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Business Confidence | -9 Index Points | 1Q/21 |
| Corruption Index | 27 Index Points | 2020 |
| Corruption Rank | 142 place | 2020 |
| Ease of Doing Business | 177 place | 2019 |
| Manufacturing Production | 10.4 % | 1Q/21 |
| Competitiveness Index | 38.11 Index Points | 2019 |
| Competitiveness Rank | 136 | 2019 |
Gold Reserves
19.07
Tonnes
#62 from 114 countries
Foreign Exchange Reserves
12.366
B USD
#65 from
114 countries
Government Budget Value
0
B USD
#40 from 113 countries
Inflation Rate
25.32
%
#11 from
174 countries
Interest Rate
20
%
#11 from
159 countries
Bank Lending Rate
18.04%
#3 from
55 countries
Unemployment Rate
30.5
%
#3 from
171 countries
Wages
N/A
N/A
#N/A from
N/A countries
