Economy of Angola

Imports
Imports commoditiesmachinery and electrical equipment, vehicles and spare parts; medicines, food, textiles, military goods
Import partnersChina 20.9%, Portugal 19.5%, US 7.7%, South Africa 7.1%, Brazil 5.9% (2012)
Exports
Exports commoditiescrude oil, diamonds, refined petroleum products, coffee, sisal, fish and fish products, timber, cotton
Export partnersChina 46.3%, US 13.9%, India 10.1%, South Africa 4.2% (2012)
Economy sectors
Agriculture productsbananas, sugarcane, coffee, sisal, corn, cotton, cassava (manioc), tobacco, vegetables, plantains; livestock; forest products; fish
Industrial productspetroleum; diamonds, iron ore, phosphates, feldspar, bauxite, uranium, and gold; cement; basic metal products; fish processing; food processing, brewing, tobacco products, sugar; textiles; ship repair
Economy
Unemployment7.50 % (2012)7.60 % (2011)7.60 % (2010)
Unemployment of Angola
GDP - Official Exchange Rate124 Billion $ (2013)114 Billion $ (2012)104 Billion $ (2011)
GDP - Official Exchange Rate of Angola
GDP growth rate5.60 % (2013)5.20 % (2012)3.90 % (2011)
GDP growth rate of Angola
GDP per Capita (PPP)6,300 $ (2013)6,100 $ (2012)6,000 $ (2011)
GDP per Capita (PPP) of Angola
GDP - Purchasing Power Parity132 Billion $ (2013)123 Billion $ (2012)118 Billion $ (2011)
GDP - Purchasing Power Parity of Angola
GDP PPP per land area106 Thousand $ per square kilometer (2013)98,741 $ per square kilometer (2012)94,730 $ per square kilometer (2011)
GDP PPP per land area of Angola
ElectricityBanking
Central bank discount rate25.0 % (2010)30.0 % (2009)19.6 % (2008)
Central bank discount rate of Angola
Commercial bank prime lending rate15.0 % (2013)16.8 % (2012)18.8 % (2011)
Commercial bank prime lending rate of Angola
GDP decomposition by sector
Industry % of GDP61.4 % (2011)
Services % of GDP28.4 % (2011)
Tourism
International tourism, number of arrivals528 Thousand (2012)481 Thousand (2011)425 Thousand (2010)
International tourism, number of arrivals of Angola
Yearly Tourist arrivals to residents ratio2.92 % (2012)3.61 % (2011)2.17 % (2010)
Yearly Tourist arrivals to residents ratio of Angola
Debt, Current Account Balance and Budget Deficit
Public debt (Percentage of GDP)14.7 % of GDP (2013)17.2 % of GDP (2012)18.1 % of GDP (2011)
Public debt (Percentage of GDP) of Angola
Current Account Balance (Percentage of GDP)12.0 % of GDP (2012)12.6 % of GDP (2011)9.10 % of GDP (2010)
Current Account Balance (Percentage of GDP) of Angola
External Debt Stocks (Percentage of GNI)21.6 % of GNI (2012)23.0 % of GNI (2011)25.6 % of GNI (2010)
External Debt Stocks (Percentage of GNI) of Angola
Short-term debt (percentage of total external debt)10.1 % of total external debt (2012)9.43 % of total external debt (2011)11.8 % of total external debt (2010)
Short-term debt (percentage of total external debt) of Angola
Current Account Balance (Total)10.7 Billion $ (2013)13.9 Billion $ (2012)15.9 Billion $ (2011)
Current Account Balance (Total) of Angola
External Debt (Total)22.7 Billion $ (2013)21.9 Billion $ (2012)18.8 Billion $ (2011)
External Debt (Total) of Angola
External Debt (Percentage of GDP)18.3 % of GDP (2013)19.2 % of GDP (2012)18.0 % of GDP (2011)
External Debt (Percentage of GDP) of Angola
External Debt per Capita1,223 $ (2013)1,210 $ (2012)1,408 $ (2011)
External Debt per Capita of Angola