Angola: economy

What is Angola's GDP growth rate?

Angola's real GDP grew by 8.74% in the second quarter of 2026 compared with the same quarter of 2025, according to the National Statistics Institute's quarterly national accounts, published 28 August 2026. Seasonally adjusted, GDP grew 2.75% on the previous quarter.

The INE says the oil sector grew 5.64% year on year and the non-oil sector 9.24%. The first quarter of 2026 showed growth of 5.32%. For the whole of 2025, the INE's preliminary annual accounts give real growth of 3.13%. Quarterly figures can be revised as more data arrive.

Official sources: INE: quarterly national accounts, Q2 2026 · INE: preliminary annual national accounts

What is Angola's GDP?

Angola's GDP at current prices was 128,302.02 billion kwanzas in 2025, up 23.35% on 2024, according to the National Statistics Institute's preliminary annual national accounts, published 30 April 2026. GDP per person was 3.42 million kwanzas, up from 2.84 million.

Current-price GDP includes inflation, so it grows faster than real output (3.13% in 2025). The INE says the oil sector contracted 5.23% and the non-oil sector grew 5.11%. In dollars, the IMF's World Economic Outlook figures give US$140.7 billion for 2025.

Official sources: INE: preliminary annual national accounts · IMF DataMapper: GDP in US dollars, Angola

What is the inflation rate in Angola?

Consumer prices in Angola were 8.43% higher in September 2026 than a year earlier, according to the National Statistics Institute's national consumer price index, published 8 October 2026.

The rate was 0.36 percentage points lower than in August 2026 and 9.73 points lower than in September 2025. The INE says food and non-alcoholic drinks contributed 5.77 points of the rise. For whole years, the IMF's World Economic Outlook figures give average inflation of 20.2% in 2025 and project 10.6% for 2026.

Official sources: INE: national consumer price index, September 2026 · IMF DataMapper: inflation, Angola

What is the kwanza exchange rate to the dollar?

The National Bank of Angola's mid reference rate was 913 kwanzas to the US dollar on 14 October 2026, according to its reference rate data, shown on its exchange rates page.

The same date's reference rates were 1,046.14 kwanzas per euro, 1,211.52 per pound sterling and 56.72 per South African rand. The data list buying, selling and mid reference rates; on 14 October 2026 all three were the same for each of these currencies. Commercial banks and exchange bureaux publish their own rates for customers.

Official sources: BNA: exchange rates · BNA: reference rate data

What is Angola's trade balance?

Angola's goods trade surplus was 665.20 billion kwanzas in August 2026, down from 1.27 trillion kwanzas in August 2025, according to the National Statistics Institute's external trade statistics, published 25 September 2026.

Goods exports fell 10.75% and imports rose 30.09% compared with August 2025. Compared with July 2026, the surplus fell 27.19%. The figures cover goods only, not services.

Official sources: INE: external trade statistics, August 2026

Is Angola's economy growing?

The latest figure from the World Bank, for 2025, is 3.1%. Since 2005 it has ranged from -5.3% (2020) to 14.2% (2005). Sub-Saharan Africa median: 4.6%; Angola is 33rd highest of 46. Worldwide: 93rd of 180.

How rich is Angola per person?

The latest figure from the World Bank, for 2025, is $3,129. Its high point since 2005 was 2012, at $5,702; its low point was 2020, at $1,749. Across Sub-Saharan Africa the middle value was $1,351, and Angola placed 12th highest of 46. Worldwide: 131st of 180.

What is Angola's GDP per person adjusted for prices?

The World Bank puts GDP per person at purchasing power parity in Angola at $10,251 in international dollars in 2025. No year since 2005 has been higher. It is 10th highest of 46 in Sub-Saharan Africa, where the median is $4,425 in international dollars. Worldwide: 122nd of 179.

How much does Angola export?

The World Bank puts exports of goods and services in Angola at 23.0% of GDP in 2025. That is the lowest since at least 2005. Sub-Saharan Africa median: 26.1% of GDP; Angola is 20th highest of 38. Worldwide: 96th of 133.

Does Angola have a current account surplus or deficit?

The IMF puts the current account balance in Angola at 0.3% of GDP in 2025. Since 2005 it has ranged from -10.0% of GDP (2015) to 18.2% of GDP (2006). It is 6th highest of 20 in Sub-Saharan Africa, where the median is -3.6% of GDP. World rank, highest first: 52nd of 132.

How much foreign investment does Angola receive?

In 2025, net inflows of foreign direct investment in Angola was 1.8% of GDP, according to the IMF. Since 2005 it has ranged from -8.6% of GDP (2017) to 9.8% of GDP (2015). Across Sub-Saharan Africa the middle value was 2.0% of GDP, and Angola placed 28th highest of 46. World rank, highest first: 100th of 179.

What are bank lending rates in Angola?

19.4%: that is the average bank lending rate in Angola for 2025, according to the IMF. Since 2005 it has ranged from 12.5% (2008) to 67.7% (2005). Across Sub-Saharan Africa the middle value was 17.6%, and Angola placed 6th highest of 16. World rank, highest first: 9th of 73.