Angola | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Growth Rate 4.90 3.7 3.2 3.2 3.2 3.7 percent [+]
Unemployment Rate 26.00 26 26 26 25.54 25 percent [+]
Inflation Rate 40.04 42 43.5 44.84 45.55 17.21 percent [+]
Interest Rate 16.00 16 18 18 18 12.5 percent [+]
Balance of Trade 3002.24 3170 3092 3338 3068 3140 USD Million [+]
Government Debt to GDP 36.50 49 49.26 49.26 43.68 50 percent [+]
MARKETS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Currency 165.07 167 168 170 172 198 [+]
GDP Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Growth Rate 4.90 3.7 3.2 3.2 3.2 3.7 percent [+]
GDP Annual Growth Rate 4.90 1.3 1.6 1.5 1.8 4.7 percent [+]
GDP 102.64 89.89 88.83 87.78 106 78.19 USD Billion [+]
GDP per capita 4152.77 4244 4257 4270 4283 4483 USD [+]
GDP per capita PPP 6937.01 7088 7109 7131 7152 7484 USD [+]
GDP From Agriculture 749.00 734 736 738 740 842 AOA Billion [+]
GDP From Construction 914.10 875 867 858 850 701 AOA Billion [+]
GDP From Manufacturing 726.30 696 689 682 676 563 AOA Billion [+]
LABOUR Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Unemployment Rate 26.00 26 26 26 25.54 25 percent [+]
Minimum Wages 15003.00 15000 15000 15000 15003 20500 AOA/monthly [+]
Population 25.79 29.82 30.58 31.33 32.09 41.62 Million [+]
Wages High Skilled 173000.00 168624 168620 168620 168620 168620 AOA/Month [+]
Wages Low Skilled 59600.00 59600 59600 59600 59600 59600 AOA/Month [+]
Living Wage Family 194700.00 194700 194700 194700 194700 194700 AOA/Month [+]
Living Wage Individual 42400.00 42400 42400 42400 42400 42400 AOA/Month [+]
PRICES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Inflation Rate 40.04 42 43.5 44.84 45.55 17.21 percent [+]
Inflation Rate Mom 1.79 2.1 1.9 1.9 2.11 1.3 percent [+]
Consumer Price Index CPI 155.44 162 171 180 189 278 Index Points [+]
Food Inflation 42.80 28.03 19.08 19.08 28.07 12 percent [+]
Producer Prices 140.41 147 154 159 163 174 Index points [+]
Producer Prices Change 27.86 31.3 34.5 36.1 37 16.68 percent [+]
Cpi Transportation 144.39 148 153 158 163 216 Index Points [+]
MONEY Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Interest Rate 16.00 16 18 18 18 12.5 percent [+]
Interbank Rate 14.73 15.62 15.62 15.62 13.19 8.62 percent [+]
Money Supply M0 2612935.37 2621249 2618608 2620124 2619542 2619699 AOA Million [+]
Deposit Interest Rate 3.32 4.34 4.33 4.31 4.3 3.88 percent [+]
Money Supply M1 3856278.96 3902352 3893902 3857016 3786960 -3757515 AOA Million [+]
Money Supply M2 6469214.33 6451340 6326491 6199429 6059518 4688942 AOA Million [+]
Money Supply M3 6473171.02 19 22 24.1 24.2 26.1 AOA Million [+]
Lending Rate 20.00 20 20.6 20.6 21.54 11 percent [+]
Loans To Banks 238747.00 234487 235608 235695 235659 235662 Million AOA [+]
Loans To Private Sector 3641692.00 3710463 3721843 3729168 3731399 3733885 Million AOA [+]
Foreign Exchange Reserves 3478.78 3570 3370 3370 3310 3311 AOA Billion [+]
Central Bank Balance Sheet 4901.24 4838 4806 4802 4801 4801 AOA Billion [+]
TRADE Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Balance of Trade 3002.24 3170 3092 3338 3068 3140 USD Million [+]
Exports 6639.31 6867 6836 6901 6825 6839 USD Million [+]
Imports 3637.08 3994 4367 4770 5190 8157 USD Million [+]
Current Account -10272.80 -3083 -406 2271 4948 -4948 USD Million [+]
Current Account to GDP -5.90 1.8 1.9 3.2 0.65 2 percent [+]
Capital Flows 6927.30 3708 3223 2738 2253 -525 USD Million [+]
Crude Oil Production 1507.00 1497 1503 1506 1504 1505 BBL/D/1K [+]
Terrorism Index 0.00 0.3 0.3 0.3 -0.17 0.1 [+]
External Debt 36278.70 37376 38202 39027 39852 38044 USD Million [+]
Gold Reserves 16.95 16.73 17 17.01 16.98 16.99 Tonnes [+]
Foreign Direct Investment 16176.40 16854 17019 17184 17349 19245 USD Million [+]
GOVERNMENT Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Government Debt to GDP 36.50 49 49.26 49.26 43.68 50 percent [+]
Government Budget -4.20 -3 0.81 0.81 6.04 -2.91 percent of GDP [+]
Government Revenues 2692.60 2654 2654 2654 2653 2653 AOA Million [+]
Fiscal Expenditure 3499.10 2906 2964 3022 3080 3069 AOA Million [+]
Government Spending 4682.39 4377 4370 4371 4378 4478 AOA Million [+]
Military Expenditure 3993.90 5288 5063 4839 4916 5131 USD Million [+]
Government Budget Value -806.50 477 557 557 740 -244 AOA Million [+]
BUSINESS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Business Confidence -34.00 -40.68 -43.64 -45.75 -47.55 -53.28 [+]
Industrial Production 9.70 4.21 3.26 5.06 4.6 3.66 percent [+]
Industrial Production Mom 11.10 1.55 2.8 2.3 0.13 2.16 percent [+]
Manufacturing Production 5.30 0.02 7.75 6.64 9.56 9.71 percent [+]
Mining Production 10.10 13.93 6.72 6.72 4.16 10.09 percent [+]
Ease of Doing Business 182.00 181 181 181 181 181 [+]
Corruption Index 15.00 15.05 15.75 16.45 17.15 20.8 Points [+]
Corruption Rank 163.00 163 163 162 162 150 [+]
Competitiveness Index 3.03 3.01 3.01 3.01 3.01 3.01 Points [+]
Competitiveness Rank 140.00 140 140 140 140 140 [+]
CONSUMER Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Bank Lending Rate 15.68 15.67 15.76 15.7 15.74 15.72 percent [+]
TAXES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Corporate Tax Rate 30.00 30 30 30 30 30 percent [+]
Personal Income Tax Rate 17.00 17 17 17 17 17 percent [+]
Sales Tax Rate 10.00 10 10 10 10 10 percent [+]
Social Security Rate 11.00 11 11 11 11 11 percent [+]
Social Security Rate For Companies 8.00 8 8 8 8 8 percent [+]
Social Security Rate For Employees 3.00 3 3 3 3 3 percent [+]





Economic Forecasts for Angola including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Angola economy. 12/4/2016