Angola Angola

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Angola, is a country located at Middle Africa, it has an area of 1,246,700 Km2 and it may be considered a large country.

Angola, with a population of 34,504,000 people, it is ranked at 41º position by population of 196 countries and it has a moderate population density, 28 people per km2.

It's capital is Luanda and its currency is Kwanza

Angola is holding the 62 position by nominal GDP. Its national debt in 2022 was 77,654 millions of euros (81,838 millions of dollars), ( 66.65% debt-to-GDP ratio) and its public debt per capita is €2,251 euros per inhabitant$2,372 dollars per inhabitant.

The last annual rate of CPI published in Angola was on February of 2024 and it was 24.1%.

In terms of the human development index (HDI) of Angola, which is the index used by the United Nations to measure the progress of a country, was 0.586 points in 2021, leaving it in 148th place in the table of 191 countries published.

If the reason to visit Angola are business, you must know it's in the 177th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of Angola, if you want to see information about other countries click here

Luanda: Monthly Temp.
Angola Economy
Gouvernement
Annual GDP [+]2022€116,504M
Annual GDP [+]2022$122,781M
GDP per capita [+]2022€3,377
GDP per capita [+]2022$3,558
Debt (M.€.) [+]202277,654
Debt ($M) [+]202281,838
Debt (%GDP) [+]202266.65%
Debt Per Capita [+]2022€2,251
Debt Per Capita [+]2022$2,372
Deficit (M.€) [+]2022787
Deficit ($M) [+]2022829
Deficit (%GDP) [+]20220.68%
Expenditure (M.€) [+]202226,264.0
Expenditure ($M) [+]202227,679.0
Education Expenditure (M.€) [+]20201,209.2
Education Expenditure ($M) [+]20201,380.0
Education Expenditure (%Bud.) [+]20216.92%
Gov. Health Exp. (M.€) [+]20171,395.9
Gov. Health Exp.($M) [+]20171,576.4
Gov. Health Exp. (%Bud.) [+]20175.43%
Defence Expenditure (M.€) [+]20221,548.0
Defence Expenditure ($M) [+]20221,631.4
Defence Expenditure (%Bud.) [+]20226.90%
Expenditure (%GDP) [+]202222.54%
Expenditure Per Capita [+]2022€761
Expenditure Per Capita [+]2022$802
Education Expenditure P.C [+]2020€36
Education Expenditure P.C [+]2020$41
Gov. Health Exp. P.C. [+]2017€47
Gov. Health Exp. P.C. [+]2017$53
Defence Expenditure P.C. [+]2022€45
Defence Expenditure P.C. [+]2022$47
Moody's Rating [+]10/24/2023B3
S&P Rating [+]02/04/2022B-
Fitch Rating [+]01/21/2022B-
Corruption Index [+]202233
Competitiveness Ranking [+]2019136º
Fragile States Index [+]201889.4
RTI Raking [+]202288º
Innovation Ranking [+]2015120º
Labour
Unemployment rate [+]2021Q115.8%
Unemployed [+]2021Q12,084K
NMW [+]2022$69.9
NMW [+]2022€51.2
Markets
Euro / Kwanza [+]03/18/2024906.7375
US Dollar exchange rate [+]03/18/2024832.6330
Prices
CPI (overall index) [+]February 202424.1%
Money Market
Key rates [+]03/15/202419.00%
Business
Doing Business [+]2020177º
Passengers vehicles Year [+]December 20192,080
Annual Vehicles/ 1,000 p. [+]December 20190.09
Vehicles / 1,000 people [+]201531.29
Taxes
Standard VAT [+]01/01/201310.00%
Top tax rate + SSC [+]202017.0%
Trade
Annual arrivals [+]2019218,000
Exports [+]2021€28,187.3M
Exports [+]2021$33,337.1M
Exports % GDP [+]202144.56%
Imports [+]2021€10,803.1M
Imports [+]2021$12,776.9M
Imports % GDP [+]202117.08%
Trade balance [+]2021€17,384.2M
Trade balance [+]2021$20,560.2M
Trade balance % GDP [+]202127.48%
Socio-Demography
Density [+]202128
Global Peace Ranking [+]202384º
Remittance received ($M) [+]20174.2
% Immigrant [+]20201.96%
% Emigrant [+]20202.00%
Birth Rate [+]202138.81‰
Remittance sent ($M) [+]201746.9
Crude death rate [+]20218.01‰
Fertility Rate [+]20215.30
% risk of poverty [+]201832.3%
Population [+]202134,504,000
Immigrant stock [+]2020656,434
Emigrant stock [+]2020668,066
HDI [+]20210.586
Gender Gap Ranking [+]2023118º
Life expectancy [+]202161.64
Suicides [+]20155,124
Suicide rate [+]201518.22
Number of homicides [+]20161,196
Rate Homicides per 100.000 [+]20164.10
Energy and Environment
CO2 Tons per capita [+]20210.72
Annual crude oil production [+]20221,166
Crude Oil Reserves [+]20217,783.0
Consumption GWh [+]202114,560
Generation GWh [+]202116,429
Others
COVID-19 - Deaths [+]03/05/20241,937
COVID-19 - Confirmed [+]03/05/2024107,325
Fully vaccinated [+]11/19/20239,591,203
COVID-19 - Deaths per million population [+]03/05/202456.14
Doses administered [+]11/19/202327,722,924