Angola GDP

The Gross Domestic Product (GDP) in Angola was worth 114.20 billion US dollars in 2012. The GDP value of Angola represents 0.18 percent of the world economy. GDP in Angola is reported by the the World Bank. From 1985 until 2012, Angola GDP averaged 27.2 USD Billion reaching an all time high of 114.2 USD Billion in December of 2012 and a record low of 4.1 USD Billion in December of 1994. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Angola GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-21

Actual Previous Highest Lowest Forecast Dates Unit Frequency
114.20 104.11 114.20 4.10 135.58 | 2014/06 1985 - 2012 USD Billion Yearly

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Angola GDP
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP per capita 2685.83 2012-12-31 2593.84 2685.83 993.90 2825.00 2014-06-30 USD [+]
GDP per capita PPP 5262.03 2012-12-31 5081.80 5262.03 1947.23 5534.69 2014-06-30 USD [+]
GDP 114.20 2012-12-31 104.11 114.20 4.10 135.58 2014-06-30 USD Billion [+]
GDP Growth Rate 7.40 2013-12-31 5.20 23.20 2.40 7.96 2014-06-30 Percent [+]
GDP Annual Growth Rate 7.40 2013-12-31 5.20 23.20 2.40 7.96 2014-06-30 Percent [+]
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GDP | Notes
The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output. GDP can be defined in three ways, which should give identical results. First, it is equal to the total expenditures for all final goods and services produced within the country in a specified period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production by all the industries, plus taxes and minus subsidies on products. Third, it is equal to the sum of the income generated by production like compensation of employees, taxes on production and imports less subsidies, and gross operating surplus.


RELATED NEWS

Angolan Inflation Rate Down To 7.32% in March  
The annual consumer prices in Angola decelerated for the second consecutive month to 7.32 percent in March of 2014, from 7.48 percent recorded in February of 2014.
Angola Leaves Key Rate on Hold; Changes Lending and Absorption Facility Rates  
At its March 31st, 2014 meeting, central bank of Angola decided to leave the benchmark interest rate on hold at 9.25 percent, but raised the liquidity absorption rate by 25 bps to 1.5 percent and cut the standing lending facility rate by 25 bps to 10 percent.
Angola Inflation Rate Decelerates  
In February of 2014, Angolan annual inflation rate slowed to 7.48 percent, after accelerating in January for the first time in eight months.
Angola Holds Key Rate Steady  
At its February 2014 meeting, central bank of Angola decided to leave the benchmark interest rate on hold at 9.25 percent, while raising the liquidity absorption rate by 50 bps to 1.25 percent. The standing lending facility rate was kept unchanged at 10.25 percent.
Angola Inflation Rate Accelerates in January  
In the first month of 2014, Angola’s annual inflation accelerated for the first time in eight months to 7.84 percent.
National Bank of Angola Leaves Rate Unchanged at 9.25%  
In its January 2014 meeting, the National Bank of Angola decided to leave the benchmark interest rate unchanged at 9.25 percent. It also decided to reduce the required reserve ratio in local currency from 15 percent to 12.5 percent, aiming to increase credit to the economy and reduce the cost of financial intermediation.
Angola Inflation Rate at 7.69% in December  
In December of 2013, Angola inflation rate kept its downward trend and slowed even further to 7.69 percent. On a monthly basis, prices accelerated for the third straight month mainly due to higher food and housing cost.
National Bank of Angola Leaves Monetary Policy Unchanged  
The National Bank of Angola decided on December 23rd to leave the benchmark interest rate unchanged at 9.25 percent, following last month’s cut. The Board kept its recommendation to take the LUIBOR as the benchmark interest rate on bank loans.
Angola Inflation Rate Slows Even Further in November  
In November of 2013, Angola annual inflation rate eased to 7.94 percent, from 8.38 percent in October. A year ago, the inflation rate slightly accelerated to 9.83 percent.
National Bank of Angola Cuts Rate by 50 bps  
The National Bank of Angola decided on November 25th to cut the benchmark interest rate for the second time this year by 50 bps to 9.25 percent, citing falling inflation. The Board kept its recommendation to take the LUIBOR as the benchmark interest rate on bank loans.
MORE RELATED NEWS

LATEST NEWS

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Russia Unemployment Drops in March  
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Canada Inflation Rises Above Forecasts in March  
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US Jobless Claims Rise Slightly  
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Brazil Unemployment Rate Down to 5%  
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Dutch Unemployment Rate Falls for the First Time in 2014  
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Singaporean Trade Surplus Narrows Sharply in March  
The trade surplus decreased 51.1 percent in March of 2014 over a year earlier and 47.2 percent from February to SGD 2.3 billion. Imports rose at a faster pace than exports, as sales of pharmaceuticals and electronics fell, while shipments of petrochemicals and re-exports contributed to overall increase.
Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
Angolan Inflation Rate Down To 7.32% in March  
The annual consumer prices in Angola decelerated for the second consecutive month to 7.32 percent in March of 2014, from 7.48 percent recorded in February of 2014.
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