Economic Indicators
| 2019(a) | 2020(a) | 2021(b) | 2022(b) | |
| Population (million) | 31.8 | 32.9 | 33.9 | 35.0 |
| GDP (US$ million) | 89,417 | 62,307 | 72,604 | 84,270 |
| Real GDP growth rate (%) | -0.6 | -4.0 | -1.5 | 2.4 |
| Total exports (US$ million) | 34,726 | 20,937 | 29,193 | 29,898 |
| Total imports (US$ million) | -14,127 | -9,543 | -11,867 | -12,816 |
| Consumer Price Index (%) | 16.9 | 22.3 | 24.9 | 17.0 |
| Current account balance (US$ million) | 5,137 | 872 | 2,515 | 853 |
| Exchange rate (Angola Kwanza AOA : USD) | 482.2 | 649.6 | 653.8 | – |
Remarks: (a) actual value; (b) estimated value of Economist Intelligence Unit (EIU);
Source: Country Report Sep 2021 (Angola) by British Economist Intelligence Unit
Main export and import goods destinations
| Main export destinations (2020) | Proportion in total value of exports goods (%) | |
| China | 64.1 | |
| India | 8.9 | |
| Thailand | 5.6 | |
| Spain | 2.8 | |
| Others | 18.6 | |
| Main import origins (2020) | Proportion in total value of imports goods (%) | |
| China | 24.5 | |
| Portugal | 14.0 | |
| USA | 6.7 | |
| Brazil | 4.9 | |
| Others | 49.9 | |
Source: International Trade Center (ITC)
Major import and export goods
| Major export goods (2020) | Proportion in total value of exports goods (%) |
| Fossil fuels, mineral oil and distilled products thereof; bituminous substances; mineral wax | 97.2 |
| Natural or cultured pearls, precious or semi-precious stones, preciousmetals, metals clad with precious metal and articles thereof; immitation jewellery; coin. | 1.7 |
| Others | 1.1 |
| Major import goods (2020) | Proportion in total value of imports goods (%) |
| Nuclear reactors, boilers, machinery and mechanical appliances and relevant spare parts | 16.5 |
| Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles | 7.6 |
| Cereals | 5.3 |
| Others | 70.6 |
Source: International Trade Center (ITC)
Statistics on Trade in Services
| Main Export of Services (2020) | Proportion in total value exports of services (%) |
| Other business services | 45.0 |
| Tourism | 24.5 |
| Telecommunications, Computer & Information Services | 18.7 |
| Other | 11.8 |
| Main Import of Services (2020) | Proportion in total value imports of services (%) |
| Transportation | 36.2 |
| Other Business Service | 25.3 |
| Tourism | 11.0 |
| Other | 27.2 |
Remarks：The above content is based on estimated value of UNCTAD, WTO and ITC.
Source：International Trade Centre (ITC)
Statistics of trades between Mainland China and Angola (US$ 10,000)
| Year | Total trade | Total exports value* | Total imports value** |
| 2020 | 1,626,136.0 | 174,790.8 | 1,451,345.2 |
| 2019 | 2,571,012.7 | 205,587.1 | 2,365,425.6 |
| 2018 | 2,805,251.7 | 225,381.3 | 2,579,870.4 |
| 2017 | 2,260,880.6 | 225,703.5 | 2,035,177.1 |
| 2016 | 1,562,814.6 | 168,016.6 | 1,394,797.9 |
Remarks: * Value of goods exported to Angola from Mainland China; **Value of goods imported from Angola to Mainland China
Source: General Administration of Customs of the People’s Republic of China
Statistics on the trade goods between Macao and Angola (US$) (USD 1 » MOP 8)
| Year | Total trade | Total exports value** | Total imports value*** |
| 2020 | – | – | – |
| 2019 | – | – | – |
| 2018 | 7,313.3 | – | 7,313.3 |
| 2017 | 3,984 | 3,984 | – |
| 2016 | – | – | – |
Remarks: * Value of goods exported to Angola from Macao; **Value of goods imported from Angola to Macao.
Source: Statistics and Census Service (DSEC), Macao SAR Government
Source: Statistics and Census Service (DSEC), Macao SAR Government
Sources:
- Country (region) guide for foreign investment cooperation (Angola) by the Ministry of Commerce of the People’s Republic of China
- “2020 Statistical Bulletin of China’s Outward Foreign Direct Investment” by the Ministry of Commerce of the People’s Republic of China
- General Administration of Customs of the People’s Republic of China
- SinoMaps Press
- Statistics and Census Service (DSEC), Macao SAR Government
- International Trade Center (ITC)
- Country Report Sep 2021 (Angola) by the British Economist Intelligence Unit
- 2021 World Investment Report by the UNCTAD
Updated in October 2021.
