Current Account to GDP 4.50 10.10 percent of GDP Dec 2023 Exports 9231.40 8984.10 USD Million Jun 2024 External Debt 50260.40 52065.70 USD Million Dec 2023 Foreign Direct Investment 4080.38 7008.89 USD Million Dec 2023 Imports 3258.50 3194.70 USD Million Jun 2024 Remittances 3.91 3.34 USD Million Jun...
Angola's economy is overwhelmingly driven by its oil sector. Oil production and its supporting activities contribute about 50% of GDP, more than 70% of government revenue, and more than 90% of the country's exports; Angola is an OPEC member and subject to its direction regarding oil producti...
The consumer prices are expected to average at 13.6% in 2023 and 22.0% in 2024. The document also provides information on gross domestic product, government revenue and expenditure, public debt, and oil production and exports.Africa Research Bulletin: Economic, Financial & Technic...
Definition:GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchase...
Debt - external: $9.401 billion (2005 est.) Currency (code): kwanza (AOA) Currency code: AOA Exchange rates: kwanza per United States dollar - 88.6 (2005), 83.541 (2004), 74.606 (2003), 43.53 (2002), 22.058 (2001) Fiscal year: calendar year Transportations...
Remittances, percent of GDP 0.01 2023 percent Remittances 12.07 2023 million U.S. dollars Net errors and omissions 1,320.46 2023 million USD External debt 60.88 2022 percent Short-term external debt 8.65 2023 percent Short-term debt to reserves 35.37 2023 percent Foreign exchange reserves 13,993.28...
Angola: Main import partner in 2019 Angola: Main export partner in 2019 National Finances Angola: Ratio of government expenditure to gross domestic product (GDP) Angola: Budget balance in relation to GDP Angola: National debt in relation to gross domestic product (GDP) Further...
The government has considered refinancing $3 billion worth of Eurobonds and significant Chinese loans to cut debt servicing costs. Angola's economy is overwhelmingly driven by its oil sector. Oil production and its supporting activities contribute about 50% of GDP, more than 70% of government ...
The debt will be repaid in oil, at a rate of 1.7%, over 17 years. China currently receives 10,000 barrels per day from Angola, which is rich in natural resources--especially oil and diamonds. Angola's economy is accelerating; its GDP has one of the world's fastest growth rates. ...
Besides oil, other contributors to GDP include non-oil energy, agriculture, fisheries, manufacturing and construction sectors. Angola has high quality soil and good water supplies, which potentially could make commercial farming a valuable industry, according to the African Development Bank (AfDB). Cur...