Markets Actual Q4 Q1 Q2 Q3 2022
Currency 578.00 585 588 591 593 599

Overview Actual Q4 Q1 Q2 Q3 2022
GDP Growth Rate (%) -2.40 1.2 0.6 2 1.6 1.3
GDP Annual Growth Rate (%) 1.20 1.3 1.7 2 2.2 2.4
Unemployment Rate (%) 31.60 31.8 31.6 31.8 32 32
Inflation Rate (%) 26.87 26.5 20 18 16 15
Inflation Rate Mom (%) 2.06 2.1 1.8 1.6 1.4 1.4
Interest Rate (%) 20.00 20 20 20 20 20
Balance of Trade (USD Million) 4950.00 7100 3800 4050 4200 4150
Current Account (USD Million) 3740.20 750 1200 1200 1200 1200
Current Account to GDP (% of GDP) 1.50 6 4.4 4.4 4.4 4.4
Government Debt to GDP (% of GDP) 120.00 115 108 108 108 108
Government Budget (% of GDP) -2.50 2.1 0.6 0.6 0.6 0.6
Business Confidence (points) -6.00 -7 -5 -6 -5 -6
Corporate Tax Rate (%) 25.00 30 30 30 30 30
Personal Income Tax Rate (%) 25.00 17 17 17 17 17

GDP Actual Q4 Q1 Q2 Q3 2022
GDP Growth Rate (%) -2.40 1.2 0.6 2 1.6 1.3
GDP Annual Growth Rate (%) 1.20 1.3 1.7 2 2.2 2.4
GDP (USD Billion) 62.31 70 100 100 100 100
GDP per capita (USD) 3213.78 3100 3300 3300 3300 3300
GDP per capita PPP (USD) 6198.08 6000 6000 6000 6000 6300
Gdp Constant Prices (AOA Million) 356096.30 410000 410000 410000 410000 410000
GDP From Agriculture (AOA Million) 19800.00 19522 19829 20196 20236 19990
GDP From Construction (AOA Million) 32054.00 27035 29335 32695 32759 27684
GDP From Manufacturing (AOA Million) 16526.20 17446 16916 16857 16890 17865
GDP From Mining (AOA Million) 9254.00 7771 9411 9439 9458 7957
GDP From Public Administration (AOA Million) 30443.80 29109 31503 31053 31114 29808
GDP From Services (AOA Million) 58024.70 60911 61926 59185 59301 62373
GDP From Transport (AOA Million) 7483.70 8858 6222 7633 7648 9070
GDP From Utilities (AOA Million) 3892.00 3754 3837 3970 3978 3844

Labour Actual Q4 Q1 Q2 Q3 2022
Unemployment Rate (%) 31.60 31.8 31.6 31.8 32 32
Minimum Wages (AOA/Month) 21454.10 21454 24000 24000 24000 24000
Population (Million) 33.00 33.78 33.78 33.78 33.78 34.77
Labor Force Participation Rate (%) 90.20 90.5 91 90.8 91.3 91.3
Employed Persons (Thousands) 10715.23 11050 10870 11000 11500 11500
Employment Rate (%) 61.70 61.6 61.3 62 62.3 62
Unemployed Persons (Thousands) 4960.16 4740 4680 4700 4850 4700
Youth Unemployment Rate (%) 57.70 57.5 57.2 57 56.8 56.8

Prices Actual Q4 Q1 Q2 Q3 2022
Inflation Rate (%) 26.87 26.5 20 18 16 15
Inflation Rate Mom (%) 2.06 2.1 1.8 1.6 1.4 1.4
Consumer Price Index CPI (points) 121.88 338 127 132 139 145
Food Inflation (%) 36.40 34 30 28 24 20
CPI Housing Utilities (points) 344.60 425 425 425 425 425
CPI Transportation (points) 276.75 283 288 292 296 300
Producer Prices (points) 362.19 271 404 422 435 460
Producer Prices Change (%) 30.82 32 28 25 20 18

Money Actual Q4 Q1 Q2 Q3 2022
Interest Rate (%) 20.00 20 20 20 20 20
Interbank Rate (%) 20.99 15.76 20.99 20.99 20.99 20.99
Deposit Interest Rate (%) 6.20 5.83 6.2 6.2 6.2 6.2
Lending Rate (%) 25.00 16.5 25 25 25 25
Loans To Banks (Million AOA) 920542.02 915000 875000 865000 850000 850000
Loans To Private Sector (Million AOA) 4450631.85 4158819 4328799 4498263 4565975 4258630
Money Supply M1 (AOA Million) 5647670.61 5850000 5650000 5450000 5400000 5400000
Money Supply M2 (AOA Million) 11787510.06 12400000 12200000 11500000 11200000 11300000
Money Supply M3 (AOA Million) 11792523.10 11800000 11500000 11250000 11200000 1100000
Foreign Exchange Reserves (USD Million) 10148.82 9800 9600 9400 9600 9400
Cash Reserve Ratio (%) 17.00 17 20 20 20 20
Central Bank Balance Sheet (AOA Billion) 14711.70 13600 13300 13100 13400 13400

Trade Actual Q4 Q1 Q2 Q3 2022
Balance of Trade (USD Million) 4950.00 7100 3800 4050 4200 4150
Current Account (USD Million) 3740.20 750 1200 1200 1200 1200
Current Account to GDP (% of GDP) 1.50 6 4.4 4.4 4.4 4.4
Imports (USD Million) 2834.30 2720 2900 3150 3300 3200
Exports (USD Million) 7784.30 7000 6700 7200 7500 7350
Capital Flows (USD Million) -3189.50 -1800 -2100 -2100 -2100 -2100
Crude Oil Production (BBL/D/1K) 1106.00 1180 1200 1210 1280 1350
Foreign Direct Investment (USD Million) 3301.05 5500 7000 7000 7000 7000
External Debt (USD Million) 50132.50 51000 51500 51500 51500 51500
Remittances (USD Million) 2.31 4.8 5.1 5.3 5.6 5.5

Government Actual Q4 Q1 Q2 Q3 2022
Government Debt to GDP (% of GDP) 120.00 115 108 108 108 108
Government Budget (% of GDP) -2.50 2.1 0.6 0.6 0.6 0.6
Government Revenues (AOA Billion) 6125.00 6400 5800 5800 5800 5800
Fiscal Expenditure (AOA Billion) 7392.60 6700 5900 5900 5900 5900
Military Expenditure (USD Million) 1301.00 2000 2000 2000 2000 1800
Government Spending (AOA Billion) 5930.50 6008 6031 6049 6061 6152
Government Budget Value (AOA Billion) -1267.60 -2564 -100 -100 -100 -100

Taxes Actual Q4 Q1 Q2 Q3 2022
Corporate Tax Rate (%) 25.00 30 30 30 30 30
Personal Income Tax Rate (%) 25.00 17 17 17 17 17
Sales Tax Rate (%) 14.00 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

Business Actual Q4 Q1 Q2 Q3 2022
Business Confidence (points) -6.00 -7 -5 -6 -5 -6
Industrial Production (%) 3.00 2 1.3 1.5 -0.7 1.3
Industrial Production Mom (%) 2.60 1.3 -0.6 2 1.4 1.2
Manufacturing Production (%) 20.80 8 7.5 6 4.5 6
Mining Production (%) -3.50 4 3.5 1.8 2.3 2.5

Consumer Actual Q4 Q1 Q2 Q3 2022
Bank Lending Rate (%) 19.42 20.23 19.42 19.42 19.42 19.42


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Angola Forecast - was last updated on Tuesday, December 7, 2021.