Angola GDP Annual Growth Rate

Last Release

Mar 31, 2024

Actual

0.02

Units In

0.3

Frequency

Quarterly

Next Release

Mar 12, 2026

Time to Release

3 Months 5 Days 10 Hours

Highest	Lowest	Average	Date Range	Source
23.2 Dec 2007	-11.8 Dec 2015	3.27 %	2000-2024	Instituto Nacional de Estatística, Angola

Angola is Africa’s second largest oil producer. As such, oil sector accounts for about 47 percent of total GDP, 98 percent of export earnings and 75 percent of government revenues. Within the non-oil sector the biggest share goes to: wholesale and retail sales (21 percent of total output), agriculture and fishery (10 percent), construction (7.7 percent) and manufacturing (6 percent).

Latest Updates

The annual economic growth in Angola accelerated to 1.8% in Q3 2025, up from 1.1% in the previous three-month period, which had been the softest expansion since Q4 2024, when GDP recorded a contraction. The acceleration was mainly driven by the non-oil sector (4.1% vs 3.4% in Q2). The information and communication sector was the strongest performer, surging 55.67% (vs 38.1% in Q2) and contributing 0.97 percentage points to GDP growth. Other sectors that posted significant growth included accommodation and food services (13.6% vs 8%), commerce (3.3% vs 6.5%), manufacturing (13.0% vs 5.2%), and diamond and metallic mineral extraction (1.0% vs 6.8%). Meanwhile, the oil sector contracted by 7.8%, due to a 10.7% decline in oil extraction, which represented 93.08% of the sector’s weight. On a quarterly basis, GDP edged up 0.05% in Q3, following a revised 0.08% contraction in the previous period.