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Country Report Angola

  • ID: 2114010
  • Country Profile
  • March 2017
  • Region: Angola
  • 24 Pages
  • The Economist Intelligence Unit
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The president, José Eduardo dos Santos, will step down in 2017. However, he is likely to seek to retain influence, via family members, and the direction of political and economic policy is set to remain broadly unchanged.

Amid muted international oil prices, we expect Angola's fiscal deficit to remain wide. However, it will moderate from 5.7% of GDP in 2017 to 4.3% of GDP in 2021 as spending pressure eases gradually following the 2017 election.

Given only minor efforts to diversify the economy, real GDP growth will continue to be driven largely by trends in the hydrocarbons sector. We expect growth to average just 2.8% in 2017-21, compared with 4.1% in 2012-16.
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Country Report Angola

Highlights
Outlook for 2017-21
Review

Outlook for 2017-21: Political stability

Outlook for 2017-21: Election watch

Outlook for 2017-21: International relations

Outlook for 2017-21: Policy trends

Outlook for 2017-21: Fiscal policy

Outlook for 2017-21: Monetary policy

Outlook for 2017-21: International assumptions

Outlook for 2017-21: Economic growth

Outlook for 2017-21: Inflation

Outlook for 2017-21: Exchange rates

Outlook for 2017-21: External sector

Outlook for 2017-21: Forecast summary

Data and charts: Annual data and forecast

Data and charts: Quarterly data

Data and charts: Monthly data

Data and charts: Annual trends charts

Data and charts: Monthly trends charts

Data and charts: Comparative economic indicators

Basic data
Land area
Population
Main towns
Climate
Weather in Luanda (altitude sea level)
Language
Measures
Currency
Time
Public holidays

Political structure
Official name
Form of state
Legal system
National legislature
National elections
Head of state
National government
Main political parties
Key ministers
Central bank governor
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