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Angola
Angola · AGO · Africa
25
Risk Score
Guarded→ Stable
Risk Factors
No recent events in pipeline
Overview
Angola is a major oil producer in Southern Africa, striving for economic diversification and improved governance. The government is implementing reforms to reduce corruption and attract foreign investment beyond the dominant oil sector.
Leadership
João Lourenço
President
Government: Presidential Republic
Esperança da Costa
Téte António
Vera Daves de Sousa
Economy
GDP
$105.0B
GDP per Capita
$3.0K
GDP Growth
+3.5%
Inflation
17.5%
Unemployment
27.0%
Oil and GasDiamondsAgricultureFishing
Trade
Key Exports
Crude OilDiamondsRefined Petroleum ProductsCoffee
Key Imports
MachineryElectrical EquipmentVehiclesFoodstuffsMedicines
Top Partners
ChinaIndiaUSAPortugalSouth Africa
Headlines (8)
The Economic Times18h ago
Indian Oil, HPCL buy 7 million barrels of crude via tenders, trade sources say
Read moreSteelOrbis6d ago
Vallourec secures major line pipe contract for Azule Energy’s Angola offshore project
Read moreDevdiscourseJun 27
Angola Opens Luanda Science and Tech Park to Boost Innovation and Research
Read moreAfricanewsJun 24