Angola GDP Annual Growth Rate  2000-2018 | Data | Chart | Calendar

The economy of Angola shrank 4.3 percent year-on-year in the fourth quarter of 2017, following a 4.7 percent contraction in the previous period. Output dropped mainly due to financial intermediation and insurance (-23.5 percent compared to 95.6 percent in Q3); fishing (-20.3 percent compared to -0.5 percent); public administration, defense and social security (-17.9 percent compared to -26.5 percent) and trade (-13.5 percent compared to 1.8 percent). Meanwhile, output grew for oil extraction and refining (12.6 percent compared to 10.2 percent); construction (11.6 percent compared to 2.5 percent) and posts and telecommunication (20.6 percent compared to -6.9 percent). Considering full 2017, the economy contracted 2.5 percent, after a 2.6 percent decrease in 2016. GDP Annual Growth Rate in Angola averaged 5.21 percent from 2000 until 2017, reaching an all time high of 23.20 percent in the fourth quarter of 2007 and a record low of -8.20 percent in the fourth quarter of 2015.

Angola GDP Annual Growth Rate
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Angola GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate -4.30 -4.70 23.20 -8.20 percent [+]
GDP 89.63 102.96 126.78 4.06 USD Billion [+]
GDP per capita 3606.60 3730.20 3747.60 1654.50 USD [+]
GDP per capita PPP 5984.60 6231.10 6260.10 2763.80 USD [+]
GDP From Agriculture 1375.00 1168.00 1375.00 319.00 AOA Billion [+]
GDP From Construction 1811.00 1809.00 1811.00 224.10 AOA Billion [+]
GDP From Manufacturing 740.00 714.00 740.00 230.00 AOA Billion [+]
Gdp From Mining 3260.00 4109.00 5102.00 1570.00 AOA Billion [+]
Gdp From Public Administration 1571.00 1765.00 1765.00 155.20 AOA Billion [+]
Gdp From Services 2176.00 1890.00 2176.00 221.18 AOA Billion [+]
Gdp From Transport 626.00 706.00 706.00 83.91 AOA Billion [+]
Gdp From Utilities 71.00 61.00 71.00 34.45 AOA Billion [+]


Angola GDP Annual Growth Rate

Angola is Africa’s second largest oil producer. As such, oil sector accounts for about 47 percent of total GDP, 98 percent of export earnings and 75 percent of government revenues. Within the non-oil sector the biggest share goes to: wholesale and retail sales (21 percent of total output), agriculture and fishery (10 percent), construction (7.7 percent) and manufacturing (6 percent). This page provides - Angola GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Angola GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-4.30 -4.70 23.20 -8.20 2000 - 2017 percent Quarterly




GDP annual growth rate by Country
Country Last
Turkey 7.30 Dec/17
India 7.20 Dec/17
China 6.80 Mar/18
Indonesia 5.06 Mar/18
Canada 2.90 Dec/17
Spain 2.90 Mar/18
United States 2.90 Mar/18
Netherlands 2.80 Mar/18
South Korea 2.80 Mar/18
Euro Area 2.50 Mar/18
Australia 2.40 Dec/17
Germany 2.30 Mar/18
Brazil 2.10 Dec/17
France 2.10 Mar/18
Switzerland 1.90 Dec/17
Italy 1.40 Mar/18
Russia 1.30 Mar/18
Mexico 1.20 Mar/18
United Kingdom 1.20 Mar/18
Japan 0.90 Mar/18


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