The Gross Domestic Product (GDP) in Angola contracted 1.20 percent in 2018 from the previous year.
GDP Growth Rate in Angola averaged 7.98 percent from 2000 until 2018, reaching an all time high of 23.20 percent in 2007 and a record low of -2.60 percent in 2016. This page provides the latest reported value for - Angola GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Angola GDP Growth Rate - values, historical data and charts - was last updated on July of 2020. source: National Bank of Angola
GDP Growth Rate in Angola is expected to reach -5.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Angola GDP Growth Rate is projected to trend around -2.00 percent in 2021 and 0.80 percent in 2022, according to our econometric models.