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Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Angola economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Angola best banks and safest banks are also available.
Country Report | Angola
Up until 2013, Angola's GDP, buoyed by booming oil revenues, grew by an average rate of 10.7%, reaching an all-time high of 23.2% in 2007. Now, as economic growth slows and the country’s financial coffers move from surplus to deficit, Angola is rethinking its dependence on “black gold.”
USD 23.8 billion (2015)
International Monetary Fund (IMF), data retrieved January 2017
USD 102.3 billion (2017, estimate)
Intl$ 194.1 billion (2017, estimate)
| 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 |
| 20.7% | 22.6% | 13.8% | 2.4% | 3.4% | 3.9% | 5.2% |
| 2013 | 2015 | 2015 | 2016* | 2017* | ||
| 6.8% | 4.8% | 3% | 0% | 1.5% |
*Estimate
| 1980 | 1990 | 2000 | 2010 | 2017* |
| 0.12% | 0.10% | 0.08% | 0.15% | 0.2% |
*Estimate
(2011 estimate)
| 2013 | 2014 | 2015 | 2016* | 2017* |
| 8.8% | 7.3% | 10.3% | 33.7% | 38.3% |
*Estimate
| 2013 | 2014 | 2015 | 2016 | 2017 |
| N/A | N/A | N/A | N/A | N/A |
*Estimate
| 2013 | 2014 | 2015 | 2016* | 2017* |
| 32.9% | 40.7% | 64.2% | 77.7% | 73.6% |
*Estimate
| 2013 | 2014 | 2015 | 2016* | 2017* |
| -0.3% | -6.6% | -4.9% | -5.4% | -5.4% |
*Estimate
Standard & Poor's: B
Moody's: B1
Standard & Poor's / Moody's (Updated January 2017)
| 2013 | 2014 | 2015 |
| N/A | N/A | N/A |
-5.4% (2017 estimate)
33.9% (2015)
0.2% (2015)
0.04% (2015)
Crude oil, diamonds, refined petroleum products, coffee, sisal, fish and fish products, timber, cotton
Machinery and electrical equipment, vehicles and spare parts; medicines, food, textiles, military goods
China 43.8%, India 9.6%, US 7.7%, Spain 6.2%, South Africa 4.8%, France 4.4% (2015)
China 22.1%, Portugal 13.8%, South Korea 11%, US 6.9%, South Africa 5%, UK 4.1%, France 4% (2015)
| 2013 | 2014 | 2015 |
| USD -7,120 million | USD 1,922 million | USD 8,681 million |
| 2013 | 2014 | 2015 |
| USD 6,044 million | USD 4,253 million | USD 1,892 million |
| 2012 | 2013 | 2014 | 2015 |
| USD 68.9 million | N/A | USD 24.8 million | N/A |
N/A
(for a monthly update on M&A; click here )
N/A
(for a monthly update on M&A; click here )
Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.
Overall ranking: 182 out of 190 countries (2017)
Subcategories:
Starting a business: 144 out of 190 countries
Enforcing Contracts: 186 out of 190 countries
Registering Property: 170 out of 190 countries
Getting credit: 181 out of 190 countries
Protecting investors: 81 out of 190 countries
Trading across border: 183 out of 190 countries
Paying Taxes: 157 out of 190 countries
Dealing with Construction Permits: 111 out of 190 countries
Getting Electricity: 171 out of 190 countries
Resolving Insolvency: 169 out of 190 countries
N/A
(2016-2017)
Ranking: 156 / Score: 48.94 (Repressed) (2016)
(100=totally free 0=totally repressed)
Portuguese 71.2% (official), Umbundu 23%, Kikongo 8.2%, Kimbundu 7.8%, Chokwe 6.5%, Nhaneca 3.4%, Nganguela 3.1%, Fiote 2.4%, Kwanhama 2.3%, Muhumbi 2.1%, Luvale 1%, other 3.6%
(2014 est.)
Roman Catholic 41.1%, Protestant 38.1%, other 8.6%, none 12.3% (2014 est.)
| 1990 | 2000 | 2010 | 2016* | 2021* |
| 12.686 million | 17.05 million | 22.913 million | 27.36 million | 31.717 million |
*Estimate
| 1960 | 1980 | 2000 | 2015 |
| 10% | 20% | 32% | 44% |
Total population: 71.1%
Male: 82%
Female: 60.7% (2015 est.)
(age 15 and over can read and write)
Political Rights: 6
Civil Liberties: 6 (2017)
(1 represents the most free, 7 the least free rating)
Fixed 1.25% Mobile 60.84% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)