Angola GDP Annual Growth Accelerates to 1.8% in Q3

The annual economic growth in Angola accelerated to 1.8% in Q3 2025, up from 1.1% in the previous three-month period, which had been the softest expansion since Q4 2024, when GDP recorded a contraction. The acceleration was mainly driven by the non-oil sector (4.1% vs 3.4% in Q2). The information and communication sector was the strongest performer, surging 55.67% (vs 38.1% in Q2) and contributing 0.97 percentage points to GDP growth. Other sectors that posted significant growth included accommodation and food services (13.6% vs 8%), commerce (3.3% vs 6.5%), manufacturing (13.0% vs 5.2%), and diamond and metallic mineral extraction (1.0% vs 6.8%). Meanwhile, the oil sector contracted by 7.8%, due to a 10.7% decline in oil extraction, which represented 93.08% of the sector’s weight. On a quarterly basis, GDP edged up 0.05% in Q3, following a revised 0.08% contraction in the previous period.

The annual economic growth in Angola decelerated to 1.1% in Q2 2025 from an upwardly revised 3.7% in the previous three-month period. This was the slowest economic expansion in the ongoing period of growth that began in Q1 2024, driven by the non-oil sector (+3.4%). The information and communication sector was a standout performer, growing 38.1% and contributing 0.59 percentage points to GDP growth due to changes in estimation methods and increased revenue. Other sectors with significant growth included accommodation and food services (8%), commerce (6.5%), manufacturing (5.2%), and diamond and metallic mineral extraction (6.8%). Meanwhile, the oil sector experienced an 8.65% contraction, marking its poorest performance since 2021, as average daily production slumped to its lowest since March 2023. On a quarterly basis, the GDP was almost flat in Q2, after an upwardly revised 2.4% rise in the previous period.

The economy of Angola expanded by 3.5% year-on-year in Q1 2025, accelerating from a revised 2.6% growth in the prior three-month period, mainly fueled by a 51.4% surge in mineral extraction, particularly diamonds, which account for over 90% of the sector’s output. Other key contributors included the postal and telecommunications sector (+26.7%), public administration, defense, and social security (+14%), and trade (+10.4%). On the other hand, the oil sector, which remains the country’s main export source, registered a decline of 4.4%, due to lower oil production. On a quarterly basis, the GDP advanced by 2.3% in Q1, after a revised 0.3% decrease in the previous period.