Markets Actual Q2 Q3 Q4 Q1 2020
Currency 317.84 318 320 322 324 328
Overview Actual Q2 Q3 Q4 Q1 2020
GDP Annual Growth Rate (%) 2.20 1.2 0.7 1 1.8 2.9
Unemployment Rate (%) 20.00 20 20 20 18 18
Inflation Rate (%) 17.56 15 14.5 14 13.5 12
Interest Rate (%) 15.75 15.75 15.75 15.5 15.5 16
Balance of Trade (USD Million) 6852.04 6200 6230 6660 7140 7150
Current Account to GDP (%) -0.90 -0.7 -0.7 -0.7 -0.5 -0.5
Government Debt to GDP (%) 65.10 55 55 55 50 50
Government Budget (% of GDP) -4.90 -2 -2 -2 -3 -3
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 17.00 17 17 17 17 17
GDP Actual Q2 Q3 Q4 Q1 2020
GDP Annual Growth Rate (%) 2.20 1.2 0.7 1 1.8 2.9
GDP (USD Billion) 124.21 143 143 143 150 150
GDP per capita (USD) 3484.60 3510 3510 3510 3590 3590
GDP per capita PPP (USD) 5819.50 5920 5920 5920 6000 6000
GDP From Agriculture (AOA Billion) 1375.00 1392 1385 1389 1400 1429
GDP From Construction (AOA Billion) 1811.00 1833 1824 1829 1844 1882
GDP From Manufacturing (AOA Billion) 740.00 749 745 747 753 769
GDP From Mining (AOA Billion) 3260.00 3299 3283 3293 3319 3388
GDP From Public Administration (AOA Billion) 1571.00 1602 1598 1604 1599 1641
GDP From Services (AOA Billion) 2176.00 2220 2213 2222 2215 2273
GDP From Transport (AOA Billion) 626.00 639 637 639 637 654
GDP From Utilities (AOA Billion) 71.00 72.42 72.21 72.49 72.28 74.16
Labour Actual Q2 Q3 Q4 Q1 2020
Unemployment Rate (%) 20.00 20 20 20 18 18
Minimum Wages (AOA/Month) 21454.10 21454 21454 21454 21454 21454
Population (Million) 29.78 30.15 31.42 30.75 31.72 31.72
Living Wage Family (AOA/Month) 149400.00 149400 149400 145400 145400 155400
Wages High Skilled (AOA/Month) 211500.00 205002 205295 24000 24000 250000
Wages Low Skilled (AOA/Month) 47400.00 53749 54645 77300 77300 79300
Prices Actual Q2 Q3 Q4 Q1 2020
Inflation Rate (%) 17.56 15 14.5 14 13.5 12
Consumer Price Index CPI (Index Points) 239.71 243 255 264 272 296
Food Inflation (%) 12.60 9 9 8.6 8.3 7.5
CPI Transportation (Index Points) 179.62 203 206 205 204 229
Producer Prices (Index points) 201.01 212 217 224 229 247
Producer Prices Change (%) 17.13 16.8 15 14.5 14 10
Money Actual Q2 Q3 Q4 Q1 2020
Interest Rate (%) 15.75 15.75 15.75 15.5 15.5 16
Interbank Rate (%) 16.15 16.15 16.15 16.15 16.15 16.65
Deposit Interest Rate (%) 6.33 6.33 6.33 6.33 6.33 6.83
Lending Rate (%) 17.00 17 17 17 17 17.5
Foreign Exchange Reserves (AOA Billion) 3274.02 3300 3450 3480 2650 2650
Trade Actual Q2 Q3 Q4 Q1 2020
Balance of Trade (USD Million) 6852.04 6200 6230 6660 7140 7150
Current Account to GDP (%) -0.90 -0.7 -0.7 -0.7 -0.5 -0.5
Crude Oil Production (BBL/D/1K) 1373.00 1380 1390 1360 1320 1300
Government Actual Q2 Q3 Q4 Q1 2020
Government Debt to GDP (%) 65.10 55 55 55 50 50
Government Budget (% of GDP) -4.90 -2 -2 -2 -3 -3
Government Spending (AOA Million) 3309.85 3376 3366 3379 3369 3457
Taxes Actual Q2 Q3 Q4 Q1 2020
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 17.00 17 17 17 17 17
Sales Tax Rate (%) 10.00 10 10 10 10 10
Social Security Rate (%) 11.00 11 11 11 11 11
Social Security Rate For Companies (%) 8.00 8 8 8 8 8
Social Security Rate For Employees (%) 3.00 3 3 3 3 3
Consumer Actual Q2 Q3 Q4 Q1 2020
Bank Lending Rate (%) 20.73 20.73 20.73 20.73 20.73 21.23


This page has economic forecasts for Angola including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Angola economy.