Angola Economic Statistics and Indicators

04, Jul 2015, EDT. Welcome to the Angola economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Angola › Change country
National or Regional Currency: New Kwanza, AON
Year of data: 2014 › Change year
Number of Indicators Listed: 35
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 19,088,106 (July 2014 est.)
Area: total: 1,246,700 sq km ; land: 1,246,700 sq km ; water: 0 sq km
Natural Resources: petroleum, diamonds, iron ore, phosphates, copper, feldspar, gold, bauxite, uranium
Capital: name: Luanda ; geographic coordinates: 8 50 S, 13 13 E ; time difference: UTC+1 (6 hours ahead of Washington, DC, during Standard Time)

Angola's high growth rate in recent years was driven by high international prices for its oil. Angola became a member of OPEC in late 2006 and its current assigned a production quota of 1.65 million barrels a day (bbl/day). Oil production and its supporting activities contribute about 85% of GDP. Diamond exports contribute an additional 5%. Subsistence agriculture provides the main livelihood for most of the people, but half of the country's food is still imported. Increased oil production supported growth averaging more than 17% per year from 2004 to 2008. A postwar reconstruction boom and resettlement of displaced persons has led to high rates of growth in construction and agriculture as well. Much of the country's infrastructure is still damaged or undeveloped from the 27-year-long civil war. Land mines left from the war still mar the countryside, even though peace was established after the death of rebel leader Jonas SAVIMBI in February 2002. Since 2005, the government has used billions of dollars in credit lines from China, Brazil, Portugal, Germany, Spain, and the EU to rebuild Angola's public infrastructure. The global recession that started in 2008 temporarily stalled economic growth. Lower prices for oil and diamonds during the global recession slowed GDP growth to 2.4% in 2009, and many construction projects stopped because Luanda accrued $9 billion in arrears to foreign construction companies when government revenue fell in 2008 and 2009. Angola abandoned its currency peg in 2009, and in November 2009 signed onto an IMF Stand-By Arrangement loan of $1.4 billion to rebuild international reserves. Consumer inflation declined from 325% in 2000 to about 10% in 2012. Higher oil prices have helped Angola turn a budget deficit of 8.6% of GDP in 2009 into an surplus of 12% of GDP in 2012. Corruption, especially in the extractive sectors, also is a major challenge.
More on the Angola Economy
More on the Angola Export, Import and Trade

Economic Indicator Listing
  For Angola in year 2014 Indicator Value
GDP Growth (Constant Prices, National Currency) 3.939 %
GDP (Current Prices, National Currency)AON 12,917.42 Billion.
GDP (Current Prices, US Dollars)US$ 131.407 Billion
GDP Deflator 795.009 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)AON 75,769.23 .
GDP Per Capita (Current Prices, National Currency)AON 602,372.25 .
GDP Per Capita (Current Prices, US Dollars)US$ 6,127.83
GDP (PPP), US DollarsUS$ 175.54 Billion
GDP Per Capita (PPP), US DollarsUS$ 8,185.88
GDP Share of World Total (PPP) 0.164 %
Implied PPP Conversion Rate 73.587
Investment (% of GDP) 14.759 %
Gross National Savings (% of GDP) 18.866 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 135.915 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 7.289 %
Inflation, End of Year (Indexed to Year 2000) 140.406 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 7.358 %
Import Volume of All Items Including Goods and Services (Percent Change) 2.333 %
Import Volumes of Goods Only (Percent Change) 4.667 %
Export Volume of All Items Including Goods and Services (Percent Change) -2.871 %
Export Volumes of Goods Only (Percent Change) -3.054 %
Population 21.444 Million
General government revenue (National Currency)AON 4,840.85 Billions.
General government revenue (% of GDP) 37.475 %
General government total expenditure (National Currency)AON 5,370.63 Billions.
General government total expenditure (% of GDP) 41.577 %
Total Government Net Lending/ Borrowing (National Currency)AON -529.783 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -4.101 %
Fiscal Year Gross Domestic Product, Current PricesAON 12,917.42 Billions.
Current Account Balance (US Dollars)US$ 5.396 Billion
Current Account Balance (% GDP) 4.107 %
Economic Indicators for Angola 2014

GDP (Constant Prices, National Currency) for Angola in year 2014 is AON 1,624.81 Billion.

GDP Growth (Constant Prices, National Currency) for Angola in year 2014 is 3.939 %.

GDP (Current Prices, National Currency) for Angola in year 2014 is AON 12,917.42 Billion.

GDP (Current Prices, US Dollars) for Angola in year 2014 is US$ 131.407 Billion.

GDP Deflator for Angola in year 2014 is 795.009 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Angola in year 2014 is AON 75,769.23 .

GDP Per Capita (Current Prices, National Currency) for Angola in year 2014 is AON 602,372.25 .

GDP Per Capita (Current Prices, US Dollars) for Angola in year 2014 is US$ 6,127.83 .

GDP (PPP), US Dollars for Angola in year 2014 is US$ 175.54 Billion.

GDP Per Capita (PPP), US Dollars for Angola in year 2014 is US$ 8,185.88 .

GDP Share of World Total (PPP) for Angola in year 2014 is 0.164 %.

Implied PPP Conversion Rate for Angola in year 2014 is 73.587 .

Investment (% of GDP) for Angola in year 2014 is 14.759 %.

Gross National Savings (% of GDP) for Angola in year 2014 is 18.866 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Angola in year 2014 is 135.915 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Angola in year 2014 is 7.289 %.

Inflation, End of Year (Indexed to Year 2000) for Angola in year 2014 is 140.406 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Angola in year 2014 is 7.358 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Angola in year 2014 is 2.333 %.

Import Volumes of Goods Only (Percent Change) for Angola in year 2014 is 4.667 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Angola in year 2014 is -2.871 %.

Export Volumes of Goods Only (Percent Change) for Angola in year 2014 is -3.054 %.

Population for Angola in year 2014 is 21.444 Million .

General government revenue (National Currency) for Angola in year 2014 is AON 4,840.85 Billions.

General government revenue (% of GDP) for Angola in year 2014 is 37.475 %.

General government total expenditure (National Currency) for Angola in year 2014 is AON 5,370.63 Billions.

General government total expenditure (% of GDP) for Angola in year 2014 is 41.577 %.

Total Government Net Lending/ Borrowing (National Currency) for Angola in year 2014 is AON -529.783 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Angola in year 2014 is -4.101 %.

Fiscal Year Gross Domestic Product, Current Prices for Angola in year 2014 is AON 12,917.42 Billions.

Current Account Balance (US Dollars) for Angola in year 2014 is US$ 5.396 Billion.

Current Account Balance (% GDP) for Angola in year 2014 is 4.107 %.

* Source: IMF
Aggregate Indicators for Angola
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Angola
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Angola
  Natural Resources, Agricultural Products, Land Use and Water Use for Angola
  Nationality, Ethnic Groups, Languages and Religions for Angola
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Angola
  Age Structure, Median Age, Gender and Urbanization for Angola
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Angola
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Angola
  HIV, AIDS and Other Major Infectious Disease Rates for Angola
  Literacy Rate, Educational Expenditure and School Life Expectancy for Angola
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Angola
  Industries and Industrial Growth Production Rate for Angola
  Labor Force by Occupation for Angola
  Poverty Line, Gini Index, Household Income and Consumption for Angola
  National Budget and Public Debt for Angola
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Angola
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Angola
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Angola
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Angola
  Foreign Exchange Reserves and Gold Reserves for Angola
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Angola
  Exchange Rate Statistics for Angola
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Angola
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Angola
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Angola
  Television and Radio Statistics (TV Stats, Radio Stats) for Angola
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Angola
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Angola
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Angola
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Angola
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Angola
* Source: CIA
Internet Indicators for Angola
Indicators
  Number of Internet Users for Angola
  Internet Penetration Rate for Angola
  Number of Facebook Accounts for Angola
  Facebook Penetration Rate for Angola
* Source: IWS
Economic Freedom Indicators for Angola
Indicators
  Economic Freedom World Rank for Angola
  Economic Freedom Regional Ranking for Angola
  Business Freedom for Angola
  Trade Freedom for Angola
  Fiscal Freedom for Angola
  Government Spending for Angola
  Monetary Freedom for Angola
  Investment Freedom for Angola
  Financial Freedom for Angola
  Property Rights for Angola
  Freedom from Corruption for Angola
  Labor Freedom for Angola
  Tariff Rate for Angola
  Income Tax Rate for Angola
  Corporate Tax Rate for Angola
  Tax Burden % of GDP for Angola
  Government Expenditure % of GDP for Angola
* Source: HFO
Corruption Perceptions Index Rank and Score for Angola
Indicator
  Corruption Perceptions Index Rank and Score for Angola
* Source: TIO
Angola Economic Indicators in other Years
  Angola Economic Indicators for Year 2019 (Forecast)
  Angola Economic Indicators for Year 2018 (Forecast)
  Angola Economic Indicators for Year 2017 (Forecast)
  Angola Economic Indicators for Year 2016 (Forecast)
  Angola Economic Indicators for Year 2015 (Forecast)
Angola Economic Indicators for Year 2014 (Current)
  Angola Economic Indicators for Year 2013
  Angola Economic Indicators for Year 2012
  Angola Economic Indicators for Year 2011
  Angola Economic Indicators for Year 2010
  Angola Economic Indicators for Year 2009
  Angola Economic Indicators for Year 2008
  Angola Economic Indicators for Year 2007
  Angola Economic Indicators for Year 2006
  Angola Economic Indicators for Year 2005
  Angola Economic Indicators for Year 2004
  Angola Economic Indicators for Year 2003
  Angola Economic Indicators for Year 2002
  Angola Economic Indicators for Year 2001
  Angola Economic Indicators for Year 2000
  Angola Economic Indicators for Year 1999
  Angola Economic Indicators for Year 1998
  Angola Economic Indicators for Year 1997
  Angola Economic Indicators for Year 1996
  Angola Economic Indicators for Year 1995
  Angola Economic Indicators for Year 1994
  Angola Economic Indicators for Year 1993
  Angola Economic Indicators for Year 1992
  Angola Economic Indicators for Year 1991
  Angola Economic Indicators for Year 1990
  Angola Economic Indicators for Year 1989
  Angola Economic Indicators for Year 1988
  Angola Economic Indicators for Year 1987
  Angola Economic Indicators for Year 1986
  Angola Economic Indicators for Year 1985
  Angola Economic Indicators for Year 1984
  Angola Economic Indicators for Year 1983
  Angola Economic Indicators for Year 1982
  Angola Economic Indicators for Year 1981
  Angola Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International