The economic climate indicator in Angola rose to -5 in the second quarter of 2019 from -9 in the previous period, despite remaining in negative territory. It is the third consecutive quarter of improvement and the best print since the second quarter of 2015. Sentiment increased across all sectors, except tourism (unchanged at -19) and manufacturing (-17 from -9). Main increases were seen in the most significant sectors in the non-oil GDP, namely construction (-30 from -35) and internal trade (-21 from -27), despite remaining entrenched in negative territory. Business Confidence in Angola averaged 2.68 Index Points from 2008 until 2019, reaching an all time high of 31 Index Points in the second quarter of 2009 and a record low of -34 Index Points in the second quarter of 2016. source: Instituto Nacional de Estatística, Angola

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Angola Business Confidence
Angola Business Last Previous Highest Lowest Unit
Business Confidence -5.00 -9.00 31.00 -34.00 points [+]
Industrial Production -4.40 -7.30 19.40 -10.00 percent [+]
Industrial Production Mom 0.00 -0.40 11.10 -6.10 percent [+]
Manufacturing Production 10.10 3.80 31.40 -12.20 percent [+]
Internet Speed 3718.95 2891.90 3718.95 132.23 KBps [+]
IP Addresses 156892.00 171208.00 242884.00 6057.00 IP [+]
Mining Production -6.80 -9.20 13.20 -12.10 percent [+]
Crude Oil Rigs 3.00 2.00 18.00 1.00 [+]
Ease of Doing Business 177.00 173.00 183.00 169.00 [+]
Corruption Index 19.00 19.00 23.00 15.00 Points [+]
Corruption Rank 165.00 167.00 168.00 85.00 [+]
Competitiveness Index 38.11 37.06 38.11 2.93 Points [+]
Competitiveness Rank 136.00 137.00 142.00 136.00 [+]


Angola Business Confidence

In Angola, the Economic Climate Indicator (ECI) provides indication of the level of optimism executives have about current and expected developments in production, sales, employment, inventories, etc. The indicator is based on a sample of around 630 companies, representing different sectors of the economy and located in Luanda, Benguela, Huíla and South Cuanza. For each of the indicators measured, the net difference between the number of positive responses and the number of negative responses is computed. The final global index (ECI) is then calculated as a simple average of those balances. The ECI above the average value (10) of the series indicates an improving outlook. The ECI below the average value of the series indicates a deteriorating outlook. This page provides the latest reported value for - Angola Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Angola Business Confidence - actual data, historical chart and calendar of releases - was last updated on December of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-5.00 -9.00 31.00 -34.00 2008 - 2019 points Quarterly
NSA




Country Last Previous
Australia 0.00 Nov/19 2
Brazil 62.50 Nov/19 59.3
Canada 60.00 Nov/19 48.2
China 50.20 Nov/19 49.3
Euro Area -0.23 Nov/19 -0.2
France 100.00 Nov/19 99
Germany 95.00 Nov/19 94.7
India 112.80 Sep/19 114
Indonesia 105.33 Sep/19 109
Italy 98.90 Nov/19 99.5
Japan 0.00 Dec/19 5
Mexico 49.90 Nov/19 50
Netherlands 2.80 Nov/19 3.6
Russia -5.00 Nov/19 -3
Saudi Arabia 3.00 Jun/16 -12
Singapore -5.00 Sep/19 -11
South Africa 26.00 Dec/19 21
South Korea 74.00 Nov/19 72
Spain -3.50 Nov/19 -8.9
Switzerland 93.00 Nov/19 94.8
Turkey 102.00 Nov/19 101
United Kingdom -44.00 Dec/19 -32
United States 48.10 Nov/19 48.3


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