Traders, Businessmen and Investors are in constant demand for a reliable source of information about Angola business opportunities. The Embassy of the Republic of Angola in Serbia is offering investors access to impartial resources to help make informed decisions about their investments in Angola.

PRIVATE INVESTMENT LAW.pdf

For more information contact:

Tel: +381-11-2666-457
Fax: +381-11-2660-729
e-mail: ambasada.angole@sbb.rs

Currency: Kwanza (AOA)

Fiscal year: Calendar year

Trade organizations: AU, WTO

GDP (PPP): $193.6 billion (2017)

GDP growth: -2.5% (2017 est)

GDP per capita: $6800 (2017)

GDP by sector: agriculture (10.2%), industry (61.4%), services (28.4%) (2011)

Inflation (CPI): 29.8% (2017)

Pop below poverty line: 36.6% (2008)

Gini index: {{{gini}}} 42.7% (2008)

Labour force: 12.51 million (2017 est)

Labour force by occupation: agriculture (85%), industry and services (15%) (2015)

Unemployment: 6.6% (2015)

Main industries: “petroleum, diamonds, iron ore, phosphates, feldspar, bauxite, uranium, gold, cement, basic metal products, fish processing, food processing, brewing, tobacco products, sugar, textiles, and ship repair”

Exports: $33.07bn (2017 est)

Export goods: “crude oil, diamonds, refined petroleum products, gas, coffee, sisal, fish and fish products, timber, cotton”

Main partners: U.S. 4.2%, the People’s Republic of China 61.2%, India 13% (2017)

Imports: $19.5bn (2017)

Imports goods: “machinery and electrical equipment, vehicles and spare parts, medicines, food, textiles, military goods”

Main Partner: Portugal 17.8%, US 7.4%, South Africa 6.2%, Brazil 6.1%, China 13.5%,UK 4%, (2017).

Angola is the fastest-growing economy in Africa, largely due to a major oil boom, but it also ranks in the bottom 10 of socioeconomic conditions in the world.