Angola GDP YoYAngola GDP YoYAngola GDP YoY

Angola GDP YoY

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Key data points


Last release
Observation period
Q2 2024
Next release
Forecast
Highest
23.20% on Dec 31, 2007
Lowest
−11.80% on Dec 31, 2015

About Angola GDP YoY


Category
GDP
Frequency
Quarterly
Units
%
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).