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Energy Report Angola

  • ID: 2139024
  • Report
  • January 2020
  • Region: Angola
  • 15 Pages
  • The Economist Intelligence Unit
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Angola is the second-largest crude oil exporter in Sub-Saharan Africa, with China and India as the main export markets.

Angola continues to be heavily dependent on oil revenue. As a result, economic growth and fiscal balance will suffer owing to weak oil prices. However, in the light of US-Iran tensions, 2020 will see a small uptick in oil prices, which is likely to have a positive impact on export earnings in the short run.

We expect Angola's real GDP to fall by around 1.3% in 2020 owing mainly to lower oil production volumes. The Economist Intelligence Unit anticipates that the economy will strengthen during the forecast period, averaging around 3% a year, in the light of rising oil prices and non-oil activity improvement.

Industry List: Coal, Energy, Electricity, Energy, Energy, Energy, Energy policy, Energy, Nuclear, Energy, Oil and gas, Energy, Renewables, Energy, Risk and return
Industry Codes (NAIC): 22;22;336
Industry Codes (SIC): 37;49;49
Note: Product cover images may vary from those shown
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Energy Report Angola

Energy report: Overview

Energy report: Energy policy

Energy report: Oil and gas

Energy report: Electricity

Energy report: Coal

Energy report: Nuclear

Energy report: Renewable energy

Energy report: Risk and return
Note: Product cover images may vary from those shown
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