Angola's economy expanded 8.74% year-on-year in Q2 2026, marking its strongest growth since Q2 2022 and accelerating from 5.32% in the previous quarter. The non-oil sector remained the main driver, expanding 9.24%, up from 6.22% in Q1, with the services and industrial sectors recording the strongest gains. The oil sector also contributed positively, growing 5.64% and marking its first quarterly expansion since Q4 2024. The strongest-performing activities included diamond, metallic mineral and other non-metallic mineral extraction (+16.46%); information and communication (+14.30%); accommodation and food Services (+12.59%); manufacturing (+12.22%); and financial and insurance intermediation (+11.83%). Subsidies and Taxes also rose sharply, by 116.26% and 37%, respectively. On a seasonally adjusted basis, GDP grew 2.75%, the fastest pace since Q2 2024, following a 1.37% increase in Q1. source: Instituto Nacional de Estatística, Angola

The Gross Domestic Product (GDP) in Angola expanded 8.70 percent in the second quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Angola averaged 4.45 percent from 2002 until 2026, reaching an all time high of 39.10 percent in the first quarter of 2005 and a record low of -10.50 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 September of 2026.

The Gross Domestic Product (GDP) in Angola expanded 8.70 percent in the second quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Angola is expected to be 6.60 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 3.80 percent in 2027 and 3.40 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-01 03:40 AM
GDP Growth Rate YoY
Q1 5.3% 5.1% 4.5%
2026-08-31 09:05 AM
GDP Growth Rate YoY
Q2 8.7% 5.3% 4.9%
2026-11-30 10:00 AM
GDP Growth Rate YoY
Q3 8.7% 6.6%


Related Last Previous Unit Reference
Full Year GDP Growth 3.10 4.95 percent Dec 2025
GDP Growth Rate YoY 8.70 5.30 percent Jun 2026
GDP Constant Prices 5074995.83 4291557.11 AOA Million Jun 2026
GDP from Agriculture 1228364.47 591826.59 AOA Million Jun 2026
GDP from Construction 307276.87 357867.67 AOA Million Jun 2026
GDP from Manufacturing 293309.30 292743.23 AOA Million Jun 2026
GDP from Mining 42244.89 41583.74 AOA Million Jun 2026
GDP from Public Administration 361461.09 574655.66 AOA Million Jun 2026
GDP from Services 752666.86 687242.16 AOA Million Jun 2026
GDP from Transport 147393.96 534451.61 AOA Million Jun 2026
GDP from Utilities 73046.10 73123.37 AOA Million Jun 2026


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).
Actual Previous Highest Lowest Dates Unit Frequency
8.70 5.30 39.10 -10.50 2002 - 2026 percent Quarterly
2015=100

News Stream
Angola GDP Growth Picks Up to 4-Year High
Angola's economy expanded 8.74% year-on-year in Q2 2026, marking its strongest growth since Q2 2022 and accelerating from 5.32% in the previous quarter. The non-oil sector remained the main driver, expanding 9.24%, up from 6.22% in Q1, with the services and industrial sectors recording the strongest gains. The oil sector also contributed positively, growing 5.64% and marking its first quarterly expansion since Q4 2024. The strongest-performing activities included diamond, metallic mineral and other non-metallic mineral extraction (+16.46%); information and communication (+14.30%); accommodation and food Services (+12.59%); manufacturing (+12.22%); and financial and insurance intermediation (+11.83%). Subsidies and Taxes also rose sharply, by 116.26% and 37%, respectively. On a seasonally adjusted basis, GDP grew 2.75%, the fastest pace since Q2 2024, following a 1.37% increase in Q1.
2026-08-31
Angola Q1 GDP Growth Strongest in Near 2 Years
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.
2026-06-01
Angola GDP Growth Accelerates to 5.7% in Q4
Angola's economy advanced by 5.7% year-on-year in the fourth quarter of 2025, quickening from an upwardly revised 2.6% rise in the previous period. This expansion, driven mainly by non-oil activities, marks the strongest quarterly performance since Q2 2023. The non-oil sector experienced a 7.34% expansion, representing 80.91% of GDP, whereas the oil sector contracted by 1.21%, accounting for 19.09% of the economy. Notable growth was recorded in some activities such as information and communication sector (+65.7%), accommodation & food services activities (+18%) and manufacturing (+16.5%). By contrast, oil extraction and refining (-1.2% vs -6.9%), along with diamond and metallic mineral extraction (-7% vs 2.1%), acted as drags on overall growth. Angola's economic growth reached 3.1% in 2025, compared to the revised 4.95% in 2024.
2026-03-06