Statistical data (Angola)

Statistical data (Angola)

Economic Indicators

  2021 2022 2023
Population (million) 34.5 35.71 36.78
GDP (US$ billion) 74.86 122.83 94.38
Real GDP Growth Rate (%) 1.2 3 0.5
Total Export of Goods (US$ billion) 34472 51275 38351
Total Import of Goods (US$ billion) 11379 17803 16108
Total Export of Services (US$ billion) 94* 82* 76
Total Import of Services (US$ billion) 7,050* 11,297* 8591
Consumer Price Index (%) 25.8 21.4 13.6
Current Account Balance (US$ billion) 8.399 8.399 8.399 

Source: * data from World Trade Organization (WTO) and the others from International Monetary Fund (IMF)

 

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**
2023 23,049,069 4,142,537 18,906,532
2022 27,342,898 4,096,911 23,245,987
2021 23,343,642 2,493,080 20,850,561

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***
2023 391,747.6 391,747.6
2022 953,018.6 953,018.6
2021 20,761.1 20,761.1

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

 

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 2024.