Angola Crude Oil Production  Forecast


Angola Crude Oil Production
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Crude Oil Production in Angola is expected to be 1602.77 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Angola to stand at 1595.11 in 12 months time. In the long-term, the Angola Crude Oil Production is projected to trend around 1573.28 BBL/D/1K in 2020, according to our econometric models.


Angola Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade 4962 7177 7757 8295 8796 11907
Exports 8120 11293 12272 13182 14024 19198
Imports 3157 4904 5586 6189 6778 9347
Current Account -3071 4602 5197 5791 6386 -873
Current Account to GDP -6.4 -4 -2 -2 -3.92 2
Capital Flows 6029 246 -1282 -2810 -4338 -2587
Crude Oil Production 1601 1603 1600 1598 1595 1573
Gold Reserves 19.13 18.21 18.37 18.39 18.33 18.3
Foreign Direct Investment 13425 13983 13990 13997 14004 13296
External Debt 43368 47934 48036 48138 48240 53753
Terrorism Index 0.15 0.31 0.46 0.62 0.78 0.1