Angola Crude Oil Production - Forecast

Crude Oil Production in Angola is expected to be 1491.97 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 1490.50 in 12 months time. In the long-term, the Angola Crude Oil Production is projected to trend around 1490.50 BBL/D/1K in 2020, according to our econometric models.


Forecast Data Chart
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Angola Trade Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Balance of Trade 6927 5429 5863 5477 5129 2575
Exports 9705 9402 9525 9477 9509 9510
Imports 2778 3311 3662 4000 4380 6935
Current Account -943 3714 3065 2416 1767 -4420
Current Account to GDP -0.9 -2 -1 -1 -1 2
Capital Flows -5472 -10165 -9088 -8012 -6936 6421
Crude Oil Production 1489 1492 1490 1491 1490 1490
Gold Reserves 19.13 18.68 18.68 18.68 18.68 18.68
Foreign Direct Investment 8559 10880 11072 11264 11456 10095
External Debt 43739 45224 46135 47046 47958 50773
Terrorism Index 0.15 0.15 0.15 0.15 0.15 0.15