Statistical data (Angola)
Statistical data (Angola)
Economic Indicators
| 2020(a) | 2021(a) | 2022(b) | 2023(b) | |
| Population (million) | 32.0 | 32.0 | 33.0 | 33.9 |
| GDP (US$ billion) | 58.1 | 75.2 | 124.8 | 135.6 |
| Real GDP Growth Rate (%) | -5.8 | 0.8 | 2.9 | 3.4 |
| Total Export of Goods (US$ billion) | 21.0 | 33.9 | 36.8 | 41.8 |
| Total Import of Goods (US$ billion) | 9.3 | 11.4 | 16.5 | 12.5 |
| Total Export of Services (US$ billion) | 0.07 | 0.09 | 0.1(c) | 0.3(c) |
| Total Import of Services (US$ billion) | 5.6 | 7.1 | 8.9(c) | 9.8(c) |
| Consumer Price Index (%) | 22.3 | 25.8 | 21.7 | 11.8 |
| Current Account Balance (US$ billion) | 0.9 | 8.4 | 14.1 | 7.3 |
| Exchange Rate (Angola Kwanza AOA: USD, Period Average) | 578.3 | 631.4 | 460.4 | 536.2(c) |
Remarks: (a) actual value; (b) estimated value of International Monetary Fund (IMF); (c) estimated value of Oxford Economics
Source: International Monetary Fund (IMF), Oxford Economics “Country Economic Forecast – Angola (Mar 2023)”
Main export and import goods destinations
| Main export destinations (2021) | Proportion in total value of exports goods (%) | |
| China | 60.4 | |
| India | 9.0 | |
| United Arab Emirates | 4.2 | |
| Thailand | 3.0 | |
| Others | 23.4 | |
| Main import origins (2021) | Proportion in total value of imports goods (%) | |
| China | 15.1 | |
| Portugal | 12.1 | |
| India | 6.7 | |
| Togo | 5.5 | |
| Others | 60.6 | |
Source: International Monetary Fund (IMF)
Major import and export goods
| Major export goods (2021) | Proportion in total value of exports goods (%) |
| Fossil fuels, mineral oil and distilled products thereof; bituminous substances; mineral wax | 94.1 |
| Natural or cultured pearls, precious or semi-precious stones, preciousmetals, metals clad with precious metal and articles thereof; immitation jewellery; coin. | 4.6 |
| Others | 1.3 |
| Major import goods (2021) | Proportion in total value of imports goods (%) |
| Fossil fuels, mineral oil and distilled products thereof; bituminous substances; mineral wax | 16.2 |
| Nuclear reactors, boilers, machinery and mechanical appliances and relevant spare parts | 16.0 |
| 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 | 6.9 |
| Others | 60.9 |
Source: International Trade Center (ITC)
Statistics on Trade in Services
| Main Export of Services (2021) | Proportion in total value exports of services (%) |
| Telecommunications, Computer & Information Services | 34.0 |
| Other business services | 26.6 |
| Tourism | 23.4 |
| Other | 16.0 |
| Main Import of Services (2021) | Proportion in total value imports of services (%) |
| Transportation | 36.3 |
| Other Business Service | 24.3 |
| Construction | 12.6 |
| Other | 26.8 |
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$ ten thousands)
| Year | Total Trade | Total Exports value* | Total Imports value** |
| 2022 | 2,734,289.8 | 409,691.1 | 2,324,598.7 |
| 2021 | 2,334,703.4 | 249,348.5 | 2,085,345.9 |
| 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 |
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*** |
| 2022 | 953,018.6 | – | 953,018.6 |
| 2021 | 20,761.1 | – | 20,761.1 |
| 2020 | – | – | – |
| 2019 | – | – | – |
| 2018 | 7,313.3 | – | 7,313.3 |
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
- “2021 Statistical Bulletin of China’s Outward Foreign Direct Investment” by the Ministry of Commerce of the People’s Republic of China, National Bureau of Statistics and State Administration of Foreign Exchange
- General Administration of Customs of the People’s Republic of China
- SinoMaps Press
- Statistics and Census Service (DSEC), Macao SAR Government
- International Monetary Fund (IMF)
- International Trade Center (ITC)
- “2022 World Investment Report” by the United Nations Conference on Trade and Development (UNCTAD)
- “Country Economic Forecast – Angola (Mar 2023)” by Oxford Economics
Updated in June 2023.