ANGOLA

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INTRODUCING

ANGOLA

Official title:
Republic of Angola

General information:
Capital: Luanda
Population: ~34,200,000 (2024 est.)
Total area: 1,246,700 km²
Currency: Angolan kwanza (AOA)
National holiday: Independence Day, 11th November (1975)
Official language: Portuguese
Recognized national languages: Portuguese, Kikongo, Chokwe, Nhaneca, Nganguela, Fiote, Kwanhama, Muhumbi, Luvale


Type of government:

Unitary presidential republic

Diplomatic representative: H.E. Ms Isabel de Jesus da Costa Godinho (Austria – Vienna)

 

Economy:

  • GDP (nominal): ~$102.3 billion (2024 est.)
  • GDP (nominal) per capita: ~$2,990 (2024 est.)
  • GDP (PPP): ~$224.5 billion (2024 est.)
  • GDP (PPP) per capita: ~$6,560 (2024 est.)
  • GDP (real growth rate): 3.8% (2024 est.)

 

GDP per sector:

  • Agriculture ~11%
  • Industry ~55%
  • Services ~34% (latest estimates)

 

Agriculture products: bananas, sugarcane, coffee, sisal, corn, cotton, cassava, tobacco, vegetables, plantains, livestock, forest products, fish

Main industries: petroleum and petroleum refining, diamonds, iron ore, phosphates, copper, fertilizer, coffee processing, sisal and cotton textiles, fish and food processing, cement

 

Trade – Export
Exported commodities: crude oil (dominant), diamonds, refined petroleum products, coffee, fish, sawn wood, cotton


Main export partners
:

  • China ~58.7%,
  • United States ~7.1%,
  • India ~6.5%,
  • South Africa ~5.0%,
  • Netherlands ~4.5%,
  • Spain ~3.4%,
  • France ~3.1%,
  • Portugal ~2.7%,
  • Canada ~2.1%,
  • Singapore ~1.3% (2023–2024 est.)


Trade shares vary annually depending on oil exports and global commodity prices.

 

Trade – Import
Imported commodities: machinery and electrical equipment, vehicles and spare parts, pharmaceuticals, food, iron and steel, construction materials, textiles, fuel and lubricants

 

Main import partners:

  • Portugal ~17.8%,
  • China ~16.9%,
  • South Africa ~8.6%,
  • United States ~7.5%,
  • Brazil ~5.4%,
  • United Kingdom ~4.2%,
  • Spain ~4.0%,
  • France ~3.2%,
  • United Arab Emirates ~2.7%,
  • Italy ~2.6% (2023–2024 est.)

Sources:

  • International Monetary Fund – World Economic Outlook Database
  • World Bank – World Development Indicators
  • Trade portals (ITC, Lloyds Bank) – export/import partner breakdown