Cost of Living Worldwide

Cost of Living Worldwide

The OECD defines a cost of living index (COLI) as an index that measures the change in the minimum expenditures that would be incurred by a utility-maximizing consumer, whose preferences or tastes remain unchanged, in order to maintaining a given level of utility (or standard of living or welfare).

 
 
Source
Central bank

N/A

International Reserves

US$ 33,492 million (Source: World Bank; Data updated: 2013)

Gross Domestic Product - GDP

US$ 130 billion (2014 estimate)

GDP (Purchasing Power Parity)

139 billion of International dollars (2014 estimate)

Real GDP growth
2005 2006 2007 2008 2009 2010 2011
20.6% 20.7% 22.6% 13.8% 2.4% 3.4% 3.9%
2012 2013 2014*        
5.2% 4.1% 5.3%        

*Estimate

GDP per capita - current prices

US$ 6,052 (2014 estimate)

GDP per capita - PPP

$6,485 International Dollars (2014 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2014*
0.12% 0.11% 0.08% 0.15% 0.15%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 10.2% 
  • industry: 61.4% 
  • services: 28.4% (2011 estimate)
Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Inflation
2010 2011 2012 2013 2014*
14.5% 13.5% 10.3% 8.8% 7.7%

*Estimate

Unemployment rate
2009 2010 2011 2012*
N/A N/A N/A(2009) N/A

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2010 2011 2012 2013 2014*
39.8% 33.7% 29.3% 26.6% 29.2%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2010 2011 2012 2013 2014*
3.5% 8.7% 5.1% -1.5% -2.0%

*Estimate  

Government bond ratings

Standard & Poor's: BB-

Moody's rating: Ba2

Moody's outlook: STA

(Foreign Currency Government Bond Ratings; Data last updated Sept 22 2014)

Market value of publicly traded shares
2009 2010 2011
N/A N/A N/A
Largest companies in Angola

N/A

 
 
Source
Current account balance

US$ 2.824 billion (2014 estimate)(After 2008)

Current account balance by percentage of GDP

2.176% of GDP (2014 estimate)(2009)

Exports as percent of GDP(Exports of goods and services)

55% (2013)

(Data released on Oct 2014)

Shares in world total merchandising export

0.39%(2012)

(Data were released in March 2014)

Shares in world total commercial services export

0.02% (2012)

(Data were released in 2014)

Total exports

US$70.84 billion (2013 estimate) 

Export commodities

crude oil, diamonds, refined petroleum products, coffee, sisal, fish and fish products, timber, cotton

Total imports

US$ 26,090 billion (2013 estimate) 

 
 
Source
Import commodities

machinery and electrical equipment, vehicles and spare parts; medicines, food, textiles, military goods

Exports - major partners

China 46.3%, US 13.9%, India 10.1%, South Africa 4.2% (2012)

Imports - major partners

China 20.9%, Portugal 19.5%, US 7.7%, South Africa 7.1%, Brazil 5.9% (2012)

FDI inflows
2011 2012 2013
US$ -3,024 million US$ -6,898 million US$ -4,285 million
FDI outflows
2011 2012 2013  
US$2,093 million US$ 2,741 million US$ 2,087 million  
Value of cross-border M&A;, by country of purchaser
2010 2011 2012 2013
US$ 0 million US$ 0 million US$ 69 million US$ 0 million
Cross-border M&A; deals worth over $3 billion completed in 2012(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2013(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Best countries for doing business World Bank/IFC Doing Business Project (Economies are ranked on their ease of doing business, from 1 - 185. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Economies are ranked on their ease of doing business, from 1 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 179 out of 189 countries(2009) (2013)

Subcategories:

Starting a business: 178 out of 189 countries(2009)

Enforcing Contracts: 187 out of 189 countries

Registering Property: 132 out of 189 countries

Getting credit: 130 out of 189 countries

Protecting investors: 80 out of 189 countries

Trading across border: 169 out of 189 countries

Paying Taxes: 155 out of 189 countries

Dealing with Construction Permits: 65 out of 189 countries

Getting Electricity: 170 out of 189 countries

Resolving Insolvency: 189 out of 189 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

140

(2014-2015)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 160 Score: 47.7 (Repressed) (2014)

(100=totally free 0=totally repressed )

 
 
Source
Total area

1,246,700 km2 (2006)

Capital

Luanda (2009)

Currency

kwanza (AOA) (2009)

Government type

republic; multiparty presidential regime (2009)

Languages

Portuguese (official), Bantu and other African languages

Religions

indigenous beliefs 47%, Roman Catholic 38%, Protestant 15% (1998 estimate)

Total population
1980 1990 2000 2012* 2017**
6.99 million 10 million 13.34 million 20.21 million 23.43 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2011
10.4% 24.3% 49% 59.1%
Population median age

17 years (2010)

Population growth rate

2.8% (2011)

Life expectancy

51 years (2010)

Adult literacy

70% (2005/2010)

% of population living on less than $2 a day

70.21% (2011)

Inequality of wealth distribution (Gini index)

58.64 (2000)

(Data were released in 2011, 0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:6
Civil Liberties:5 (2011)

(1 represents the most free, 7 the least free)

Source
Total telephone subscribers as % of population

49.93% (2011)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

14.78% (Data were released in 2012 and refer to 2011)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Luanda: 1st (2011)

Source
CO2 emissions(Metric tons of CO2 per capita)

1.4365 (Data were released in 2012 and refer to 2009)

World's Best Developed & Emerging Markets Banks

World’s Best Investment Banks

World's Best Banks By Region

World’s Best Foreign Exchange Providers

World's Best Banks

2013

Best of…

World’s Best Trade Finance Banks

Additional Awards