Angola | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Growth Rate 3.00 3.2 3.2 3.2 3.2 3.7 percent [+]
Unemployment Rate 26.00 26 26 25.6 25.16 25 percent [+]
Inflation Rate 41.95 43.5 44.84 45.55 36.13 17.21 percent [+]
Interest Rate 16.00 18 18 18 18 12.5 percent [+]
Balance of Trade 4470.03 5591 4920 4818 4944 5043 USD Million [+]
Government Debt to GDP 36.50 49.26 49.26 40.23 55 50 percent [+]
MARKETS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Currency 165.08 169 171 172 174 199 [+]
GDP Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Growth Rate 3.00 3.2 3.2 3.2 3.2 3.7 percent [+]
GDP Annual Growth Rate 3.00 1.6 1.5 1.8 1.9 4.7 percent [+]
GDP 102.64 116 108 106 89.89 78.19 USD Billion [+]
GDP per capita 4153.15 4168 4176 4184 4193 4408 USD [+]
GDP per capita PPP 6937.63 6961 6975 6989 7003 7379 USD [+]
GDP From Agriculture 749.00 775 750 724 699 22.23 AOA Billion [+]
GDP From Construction 914.10 766 803 839 875 701 AOA Billion [+]
GDP From Manufacturing 726.30 602 633 664 696 563 AOA Billion [+]
LABOUR Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 26.00 26 26 25.6 25.16 25 percent [+]
Minimum Wages 15003.00 15000 15000 15003 16300 20500 AOA/monthly [+]
Population 27.50 22.23 24.76 27.29 29.82 41.62 Million [+]
Wages High Skilled 173000.00 168620 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 Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate 41.95 43.5 44.84 45.55 36.13 17.21 percent [+]
Inflation Rate Mom 2.17 1.9 1.9 2.1 2.07 1.3 percent [+]
Consumer Price Index CPI 162.20 171 180 189 197 278 Index Points [+]
Food Inflation 43.36 19.08 19.08 24.66 18.35 12 percent [+]
Producer Prices 145.07 154 159 163 166 174 Index points [+]
Producer Prices Change 29.85 34.5 36.1 37 38.4 16.68 percent [+]
Cpi Transportation 148.65 152 156 161 165 212 Index Points [+]
MONEY Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Interest Rate 16.00 18 18 18 18 12.5 percent [+]
Interbank Rate 18.23 15.62 15.62 17.04 17.04 8.62 percent [+]
Money Supply M0 1634503.00 2599376 2597425 2598194 2597908 2597985 AOA Million [+]
Deposit Interest Rate 3.32 5.24 4.94 4.64 4.34 3.88 percent [+]
Money Supply M1 3862804.00 3868143 3837608 3776393 3679738 -2962184 AOA Million [+]
Money Supply M2 6457319.00 6291967 6150717 6003897 5860373 4651703 AOA Million [+]
Money Supply M3 6461055.36 22 24.1 24.2 25 26.1 AOA Million [+]
Lending Rate 20.00 20.6 20.6 20.59 20.7 11 percent [+]
Loans To Banks 145378.00 183748 184768 184146 184198 184203 Million AOA [+]
Loans To Private Sector 3691006.00 3709515 3717798 3718978 3720418 3720932 Million AOA [+]
Foreign Exchange Reserves 3367.36 3370 3370 3253 3255 3254 AOA Billion [+]
Central Bank Balance Sheet 5014.36 4983 4987 4987 4987 4987 AOA Billion [+]
TRADE Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade 4470.03 5591 4920 4818 4944 5043 USD Million [+]
Exports 6938.99 7777 7497 7520 7490 7509 USD Million [+]
Imports 2468.96 2950 3359 3795 4266 7793 USD Million [+]
Current Account -10272.80 -8796 -7873 -6950 -6027 359 USD Million [+]
Current Account to GDP -5.90 1.9 3.2 1.05 -5 2 percent [+]
Capital Flows 6927.30 133 1324 2516 3708 -525 USD Million [+]
Crude Oil Production 1639.00 1671 1682 1676 1678 1678 BBL/D/1K [+]
Terrorism Index 0.00 0.3 0.3 -0.08 -0.09 0.1 [+]
External Debt 36278.70 37735 37615 37496 37376 38044 USD Million [+]
Gold Reserves 19.21 20.49 20.22 20.41 20.32 20.34 Tonnes [+]
Foreign Direct Investment 16176.40 16864 16861 16858 16854 19245 USD Million [+]
GOVERNMENT Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Government Debt to GDP 36.50 49.26 49.26 40.23 55 50 percent [+]
Government Budget -4.20 0.81 0.81 2.02 -5.18 -2.91 percent of GDP [+]
Government Revenues 2692.60 4225 3701 3177 2654 2653 AOA Million [+]
Fiscal Expenditure 3499.10 4696 4100 3503 2906 3069 AOA Million [+]
Government Spending 4682.39 4370 4371 4378 4391 4478 AOA Million [+]
Military Expenditure 3993.90 5288 5063 4839 4916 5131 USD Million [+]
Government Budget Value -806.50 557 557 303 477 -244 AOA Million [+]
BUSINESS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Business Confidence -32.00 -28.58 -28.87 -28.68 -29.06 -28.76 [+]
Industrial Production 9.70 3.26 5.06 4.6 4.69 3.66 percent [+]
Industrial Production Mom 11.10 2.8 2.3 0.13 3.29 2.16 percent [+]
Manufacturing Production 5.30 7.75 6.64 9.56 10.66 9.71 percent [+]
Mining Production 10.10 6.72 6.72 4.16 3.46 10.09 percent [+]
Ease of Doing Business 182.00 181 181 181 181 181 [+]
Corruption Index 15.00 16.07 15.73 15.39 15.05 20.8 Points [+]
Corruption Rank 163.00 161 161 162 163 150 [+]
Competitiveness Index 3.03 3.04 3.03 3.02 3.01 3.01 Points [+]
Competitiveness Rank 140.00 140 140 140 140 140 [+]
CONSUMER Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Bank Lending Rate 15.65 15.66 15.62 15.65 15.63 15.64 percent [+]
TAXES Actual Q1/17 Q2/17 Q3/17 Q4/17 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. 1/21/2017