Angola's economy expanded by 5.3% year-on-year in the first quarter of 2026, accelerating slightly from a downwardly revised 5.1% increase in the previous quarter. It was the strongest growth since the second quarter of 2024, driven by non-oil activities. The non-oil sector grew 6.2%, while the oil sector contracted by 0.2%. Notable growth was recorded in several sectors, including information and communication (27.6%), transportation (16.1%), fishing and aquaculture (8.7%), electricity production, water, and sanitation (8.2%), and manufacturing (7.3%). By contrast, accommodation and food services (-3.3%) and extraction and refining (-0.2%) both contracted. On a seasonally adjusted basis, the economy advanced 1.4%, following an upwardly revised 2.1% expansion in the fourth quarter. Last year, the GDP grew 3.1%, after a 5.0% expansion in 2024. source: Instituto Nacional de Estatística, Angola
The Gross Domestic Product (GDP) in Angola expanded 5.30 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Angola averaged 4.41 percent from 2002 until 2026, reaching an all time high of 38.80 percent in the first quarter of 2005 and a record low of -19.50 percent in the second quarter of 2020. This page provides - Angola GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Angola GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.
The Gross Domestic Product (GDP) in Angola expanded 5.30 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Angola is expected to be 3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Angola GDP Annual Growth Rate is projected to trend around 2.70 percent in 2027 and 3.00 percent in 2028, according to our econometric models.