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General profile: Angola

GENERAL INFORMATION FOR 2023
Exchange rate
Population
Population
Exchange rates
GDP
GDP
36.750 Millions
..
87 890 Millions current US$
Land area¹
Land area
CPI growth (%)
CPI growth
GDP growth
GDP growth
(q) 1 246 700 km²
13.64 %
1.74 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
-25.7 %
Merchandise exports growth rate in 2023
Total merchandise trade
(millions of US$)
2005
2010
2015
2023
Merchandise exports
24 109
50 595
33 181
(e) 38 089
Merchandise imports
8 353
16 667
20 693
(e) 16 271
Merchandise trade balance
15 756
33 928
12 489
(e) 21 817
Export structure by product group in 2023
(as % of total exports)
10 %10 %90 %90 %
Top 5 partners in 2023
(exports, millions of US$)
17 2003 6522 9022 3412 08017 2003 6522 9022 3412 080
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2023
Services exports
177
857
1 256
76
Services imports
6 791
(e) 18 754
17 276
8 603
Services trade balance
-6 614
(e) -17 897
-16 020
-8 527
Services exports by main category²
(as % of total services)
2005
2010
2015
2023
Transport
10.2
5.0
2.0
30.6
Travel
49.9
83.9
92.6
9.9
Other services
39.9
11.1
5.4
59.3
TRADE INDICES
More data on UNCTADstat
911178964102115101841001651901951831531291941461111291671297912213210585100175195199196154126181151141
ECONOMIC TRENDS
More data on UNCTADstat
+1.7 %
Gross domestic product growth rate in 2023
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
GDP, current
36 971
83 799
116 194
87 890
GDP per capita, current US$
1 916
3 597
4 127
2 392
Real GDP growth, y-on-y, %
15.03
4.86
0.90
1.74
Current account balance, % of GDP
13.90
8.96
-8.84
4.76
Exchange rate (/US$)
87.159
91.906
120.061
..
GDP by expenditure in 2022
(as % of total GDP)
54.97.710.143.915.254.97.710.143.915.2
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
0 %
FDI outflows as % of GDP in 2023
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
FDI inflows
-1 303.84
-3 227.21
10 028.22
-2 085.58
FDI outflows
219.36
1 340.43
-784.87
33.36
Personal remittances, % of GDP
..
..
0.01
..
Financial flows trends
(millions of US$)
14.012.68.13.41.61.44.011.131.036.6-2 086-6 599-4 355-1 866-4 098-6 456-7 397-18010 0283 658-7 120-1 465-3 024-3 2272 2051 679-893-38-1 3042 1973 5771 7442 146879FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators²
(as % and index)
2005
2010
2015
2023
Balance, % of GDP
24.73
(e) 19.13
-3.04
15.10
Balance, % of imports
60.37
(e) 45.26
-9.30
56.03
Normalized balance
0.232
(e) 0.185
-0.049
0.219
Trade openness²
(sum of imports and exports as % of GDP)
69697566696652536279879210010411812110992107
LIVING AREA
Population by living area in 2023
(% of population)
Urban
69%Urban 69%Rural
31%Rural 31%
OTHER INDICATORS
More data on UNCTADstat
0.014 %
Share of the total world merchant fleet in 2023
Maritime transport indicators
 
2005
2010
2015
2023
Merchant fleet, national flag (thousands of DWT)
35
52
321
322
Container port throughput (TEU)
..
533 150
753 286
..
Information economy indicators
(as % of)
2005
2010
2015
2023
Share of ICT goods, % of total exports
..
-
0.02
..
Share of ICT goods, % of total imports
..
3.02
2.87
..
Share of workforce involved in the ICT sector
..
..
..
..
Source: UN Trade and Development, UNCTADstat (https://unctadstat.unctad.org/datacentre)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
q
Estimated. Data refers to 2020.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
No value reported or collected
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on the UNCTAD Data Hub do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in the UNCTAD Data Hub.
Generation date: 11 October 2024