Angola's economy was one of the fastest-growing in the world, [18] with reported annual average GDP growth of 11.1 percent from 2001 to 2010.

The economy is not generating enough jobs to keep up with Angola's growing working-age population, while 8 out of 10 workers are engaged in informal, low- ...

GDP grew an estimated 0.9% in 2023, much lower than the 3.5% projected at the beginning of the year and the 3% growth in 2022. The first half of 2023 was marked ...

Angolan Economy. Oil represents about 1/3 of its GDP and over 95% of its exports, and the sharp and prolonged decline in its price since mid-2014 has had a ...

In brief. Angola's economy has undergone a modest recovery since the height of the coronavirus pandemic, and the economic outlook is positive.

The Angolan economy was growing rapidly by the 1970s, with commodities such as coffee, sisal, diamonds, and petroleum the leading exports.

It saw its GDP drop to USD 62.72 billion in 2020 from USD 89 billion in 2019, according to International Monetary Fund (IMF) estimates. Angola was scheduled to ...

The Angolan economy, the third-largest in sub-Saharan Africa, is dominated by the oil and gas industry, which accounts for about 30% of its GDP and is the ...

Nominal GDP of USD 115.9 billion in 2022. · Nominal GDP of USD 89.7 billion in 2023. · GDP per capita of USD 2,439 compared to the global average of USD 10,589.

Angola's economic freedom score is 54.3, making its economy the 118th freest in the 2024 Index of Economic Freedom. Its rating has increased by 1.3 points ...