Angola recorded an economic expansion of 0.9% year-on-year in 2023, compared to a 3% growth in the year before. Full Year GDP Growth in Angola averaged 1.54 percent from 2010 until 2023, reaching an all time high of 8.50 percent in 2012 and a record low of -5.60 percent in 2020.
Full Year GDP Growth in Angola is expected to reach 2.50 percent by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Angola Full Year GDP Growth is projected to trend around 2.70 percent in 2025 and 3.20 percent in 2026, according to our econometric models.