Statistical data (Angola)

Economic Indicators

 2017(a)2018(a)2019(b)2020(c)
Surface area (sq. km)1,246,7001,246,7001,246,7001,246,700
Population (million)29.8(b)30.8(b)31.832.9
GDP (US$ million)122,124105,75180,43872,489
Real GDP growth rate (%)-0.1-2.1-2.2-1.2
Total exports (US$ million)34,61340,75833,75532,649
Total imports (US$ million)-14,463-15,798-15,324-15,630
Consumer Price Index (%)26.318.217.221.3
Current account balance (US$ million)-6337,4032,635836
Exchange rate (Angola Kwanza AOA : USD)165.92308.61482.23500.13

Remarks: (a) actual value; (b) estimated value of Economist Intelligence Unit (EIU); (c) estimates of Economist Intelligence Unit (EIU).
Source: Country Report May 2020 (Angola) by British Economist Intelligence Unit

 

Main export and import destinations

Main import destinations(2018)Proportion in total exports (%)
China14.1
Portugal13.3
Singapore11.1
Belgium6.2
Others55.3

Source: International Trade Center (ITC)

 

Main export destinations(2018)Proportion in total exports (%)
China57.5
India8.9
USA3.8
Spain2.9
Others26.9

Source: International Trade Center (ITC)

 

Major import and export goods

Major export goods (2018)Proportion in total exports (%)
Fossil fuels, mineral oil and distilled products thereof; bituminous substances; mineral wax14.7
Nuclear reactors, boilers, machinery and mechanical appliances and relevant spare parts13.3
Ships and floating structures10.5
Electrical machinery and equipment and their parts; recorders and speakers, television image and sound recorders and replayers, parts and accessories of such products6.1
Others55.4
Major import goods (2018)Proportion in total imports %
Fossil fuels, mineral oil and its distilled products; bituminous substances; mineral wax14.7
Nuclear reactors, boilers, machinery and mechanical appliances and relevant spare parts13.3
Ships and floating structures10.5
Nuclear reactors, boilers, machinery and mechanical appliances and relevant spare parts0.3
Others61.2

Source: International Trade Center (ITC)

 

Statistics of trades between Mainland China and Angola (US$ 10,000)

YearTotal tradeTotal exports *Total imports **
20192,571,012.7205,587.12,365,425.6
20182,805,251.7225,381.32,579,870.4
20172,260,880.6225,703.52,035,177.1
20161,562,814.6168,016.61,394,797.9
20151,971.566.8371,924.91,599,641.9

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 of trades between Macao and Angola (US$) (USD 1 » MOP 8)

YearTotal tradeTotal exports *Total imports **
2019
20187,313.37,313.3
20173,9843,984
2016
2015

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:

  • Country (region) guide for foreign investment cooperation (Angola) 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 May 2020 (Angola) by the British Economist Intelligence Unit
  • Doing Business 2020 by the World Bank

Updated in May 2020.