MACRO ECONOMIC INDICATORS

GDP evolution 2017 – 2022
2017 2018 2019 2020 2021 2022
GDP (billion Kwanzas) 20.656 29.073 34.348 39.537 44.904 50.630
Oil 4.061 7.409 8.069 8.536 8.898 9.313
Non-oil 16.595 21.664 26.278 31.001 36.006 41.317
GDP (million USD) 124.500 119.100 121.000 126.400 133.700 142.700
GDP per capita (USD) 4.418 4.102 4.048 4.105 4.214 4.367
Real GDP growth rate (%) 1,0 2,2 2,5 3,6 4,2 4,7
Oil 0,5 2,3 0,1 0,3 -0,3 0,0
Non-oil 1,2 2,1 3,5 5,0 6,0 6,5
Source: IMF Angola Country Report April 2018



Inflation 2017 – 2022
2017 2018 2019 2020 2021 2022
Consumer Price Index (annual average) 31,7 27,8 17,1 12,2 9,4 7,6
Consumer Price Index (end of period) 26,3 24,7 15,0 10,0 9,0 6,5
Source: IMF Angola Country Report April 2018



Account balance 2017 – 2022
2017 2018 2019 2020 2021 2022
Comercial Balance (percentage of PIB) 13,5 17,4 16,5 15,4 14,1 13,0
Exports, FOB (percentage of GDP) 26,2 33,4 31,0 28,6 26,5 24,9
Exports of oil and gas (percentage of GDP) 25,1 32,2 29,7 27,3 25,1 23,3
Imports, FOB (percentage of GDP) 12,7 16,0 14,5 13,2 12,4 11,9
Terms of trade (percentage variation) 21,7 16,8 -7,4 -5,1 -2,1 4,3
Current account balance (percentage of GDP) -4,5 -3,5 -2,5 -2,1 -2,5 -2,9
Gross International reserves (end of period, million USD) 17.938 14.338 15.238 16.138 16.138 16.138
Gross International reserves (next year import months) 6,0 5,2 5,8 6,2 6,0 5,9
Net International reserves (end of period, million USD) 13.300 9.700 10.600 11.500 11.500 11.500
Source: IMF Angola Country Report April 2018