Angola

In 2023, Angola experienced an economic slowdown, with a decrease in per capita disposable income and falling labour productivity. Despite projections of a 5.5% increase in disposable income over 2023-2028, income inequality and a persistently high…

Household numbers in Angola are expected to see a moderate increase from 2022 to 2027, with couples with children remaining the most prevalent household type. In 2022, household spending faced challenges due to a 14.9% inflation rate, leading to…

In 2023, Angola’s real GDP growth slowed to 1.2%, hindered by a drop in oil revenues, as well as subdued domestic demand. Moreover, inflation rebounded in the second half of 2023, largely due to the removal of fuel subsidies and a depreciating…

Luanda and Lubango are Angola’s most economically vibrant cities. While lagging behind their global counterparts, these cities are leaders in Angola in terms of digital connectivity. Luanda, with the highest potential for future economic growth, also…

Angola’s Economic Freedom Ranking is dragged down by lack of price stability and inefficient processes of starting, operating and closing business. Heavy constraints on investment capital flow and overdependence on hydrocarbons limit investment…