Angola Crude Oil Production  Forecast 2016-2020

Crude Oil Production in Angola is expected to be 1606.58 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Angola to stand at 1615.50 in 12 months time. In the long-term, the Angola Crude Oil Production is projected to trend around 1615.15 BBL/D/1K in 2020, according to our econometric models.

Angola Crude Oil Production
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Forecast Actual Q1/17 Q2/17 Q3/17 Q4/17 2020 Unit
Crude Oil Production 1615 1607 1619 1614 1616 1615 BBL/D/1K
Angola Crude Oil Production Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of Angola Crude Oil Production using vast amounts of historical data and we adjust the coefficients of the econometric model by taking into account our analysts assessments and future expectations. The forecast for - Angola Crude Oil Production - was last predicted on Thursday, March 30, 2017.
Angola Trade Last Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade 4470 5591 4920 4818 4944 5043
Exports 6939 7777 7497 7520 7490 7509
Imports 2469 2950 3359 3795 4266 7793
Current Account -10273 -8796 -7873 -6950 -6027 359
Current Account to GDP -5.9 1.9 3.2 1.05 -5 2
Capital Flows 6927 133 1324 2516 3708 -525
Crude Oil Production 1615 1607 1619 1614 1616 1615
Terrorism Index 0 0.3 0.3 -0.08 -0.09 0.1
Foreign Direct Investment 16176 16864 16861 16858 16854 19245
External Debt 36279 37735 37615 37496 37376 38044
Gold Reserves 19.13 18.57 18.62 18.71 18.66 18.68