Angola Crude Oil Production  Forecast 2016-2020

Crude Oil Production in Angola is expected to be 1662.40 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 1658.61 in 12 months time. In the long-term, the Angola Crude Oil Production is projected to trend around 1658.71 BBL/D/1K in 2020, according to our econometric models.

Angola Crude Oil Production
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Forecast Actual Q2/17 Q3/17 Q4/17 Q1/18 2020 Unit
Crude Oil Production 1652 1662 1657 1659 1659 1659 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 Tuesday, April 25, 2017.
Angola Trade Last Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade 4470 4818 4944 4956 4956 5043
Exports 6939 7497 7520 7490 7478 7509
Imports 2469 3359 3795 4266 4736 7793
Current Account -10273 -3828 -4872 -5916 -5222 475
Current Account to GDP -5.9 3.2 1.05 -5 0.1 2
Capital Flows 6927 1324 2516 3708 3223 -525
Crude Oil Production 1652 1662 1657 1659 1659 1659
Terrorism Index 0 0.3 -0.08 -0.09 -0.11 0.1
Foreign Direct Investment 16176 16861 16858 16854 17019 19245
External Debt 36279 37615 37496 37376 38202 38044
Gold Reserves 19.13 18.62 18.71 18.66 18.68 18.68