Angola Economy

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The Republic of Angola is a country in southern Africa. Subsistence agriculture provides the main livelihood for 85% of the population of Angola despite having abundant natural resources. Oil production is vital to the economy and contributes over 50% to GDP, over 90% of export revenue, and over 80% of government revenue. Despite having an annual average GDP growth of 11.1% from 2001 to 2010, Angola remains poor and has one of the lowest per capita GDPs in the world.

Major Angola Indicators

Period Value % Chg Prev
Energy (View all 1)
Angola Crude Oil Production May 2018 1.592M bbl/day 0.32%
Angola Gas Rig Count Aug 2018 0.00
Angola Oil Production 2017 1.674M bbl/day -4.59%
Angola Proved Oil Reserves 2017 9.523B bbl 0.00%
View and sort all 127 Angola Indicators



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