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

The economy of Angola shrank 2.2 percent year-on-year in the first quarter of 2018, following a 4.3 percent contraction in the previous period. Output fell at a softer pace for trade (-8.8 percent compared to -13.5 percent in Q4 2017) and fishing (-12.8 percent compared to -20.3 percent). Additionally, output rebounded for financial intermediation and insurance (22.5 percent compared to -23.5 percent) and public administration, defense and social security (0.1 percent compared to -17.9 percent). On the other hand, production dropped for oil extraction and refining (-7.3 percent compared to 12.6 percent) and output growth slowed for construction (9.0 percent compared to 11.6 percent) and posts and telecommunication (5.9 percent compared to 20.6 percent). 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 -2.20 -4.30 23.20 -8.20 percent [+]
GDP 124.21 95.34 126.73 3.39 USD Billion [+]
GDP per capita 3484.60 3576.20 3746.70 1323.30 USD [+]
GDP per capita PPP 5819.50 5972.50 6257.20 2210.10 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 September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-2.20 -4.30 23.20 -8.20 2000 - 2018 percent Quarterly




GDP annual growth rate by Country
Country Last
India 8.20 Jun/18
China 6.70 Jun/18
Indonesia 5.27 Jun/18
Turkey 5.20 Jun/18
Singapore 3.90 Jun/18
Australia 3.40 Jun/18
Switzerland 3.40 Jun/18
Netherlands 3.10 Jun/18
United States 2.90 Jun/18
South Korea 2.80 Jun/18
Spain 2.70 Jun/18
Mexico 2.60 Jun/18
Euro Area 2.10 Jun/18
Germany 2.00 Jun/18
Canada 1.90 Jun/18
Russia 1.90 Jun/18
France 1.70 Jun/18
United Kingdom 1.30 Jun/18
Italy 1.20 Jun/18
Saudi Arabia 1.15 Mar/18
Brazil 1.00 Jun/18
Japan 1.00 Jun/18
South Africa 0.40 Jun/18
Argentina -4.20 Jun/18


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