AGO · Sub-Saharan Africa / Sub-Saharan Africa (excluding high income)

Location

GDP per capita: 2,122 USD (PPP: 8,348 intl$) (2024)

Income and purchasing power

The average monthly income in Angola is 185 USD per month. This compares to prices and purchasing power compared to the United States.

Compare cost of living and purchasing power →

Economic performance 2024

Indicator Value Per Capita
Gross National Product (GNI) 2,220 USD
GDP (PPP) 8,348 intl$

Largest economic sectors

The main economic sectors in Angola play a crucial role in the country's economic development and prosperity. These industries contribute significantly to GDP, employment, and overall economic stability.

Primary Sectors

  • Banking and financial services
  • Construction and real estate
  • Manufacturing (metals, steel)
  • Information technology

Supporting Sectors

  • Logistics and transportation
  • Tourism and hospitality
  • Agriculture and food processing
  • Energy and utilities

Note: Detailed sector breakdown data is being collected and will be updated soon.

Imports and Exports 2024

Indicator Angola Per Capita

Household debt and deficits 2024

Data on government debt, budget deficit/surplus, and household debt is being collected.

Note: Household debt data represents domestic credit to private sector (% of GDP) from World Bank. This indicator includes credit to both households and non-financial corporations, providing an approximation of household debt levels.

Corruption in Angola

The Corruption Perceptions Index for 2024 will be displayed here once the data is available. This section will show the country's ranking and trends in corruption perception.

Data source: Transparency International

Unemployment rates in percentages 1991 - 2024

The unemployment rate is calculated as the percentage of unemployed persons in the total labor force. Data source: ILOSTAT

Year Unemployment Rate (%)
2024 14.5%
2023 14.5%
2022 14.6%
2021 15.8%
2020 16.7%
2019 16.5%
2018 16.6%
2017 16.6%
2016 16.6%
2015 16.5%
2014 16.4%
2013 16.5%
2012 16.6%
2011 16.8%
2010 16.6%
2009 16.4%
2008 16.2%
2007 16.2%
2006 16.2%
2005 16.4%
2004 16.4%
2003 16.5%
2002 16.5%
2001 16.7%
2000 16.7%
1999 16.6%
1998 16.4%
1997 16.2%
1996 16.3%
1995 17.0%
1994 17.4%
1993 17.4%
1992 17.0%
1991 16.9%

Inflation rates in percentages 2003 - 2024

Year Inflation Rate (%)
2024 28.2%
2023 13.6%
2022 21.4%
2021 25.8%
2020 22.3%
2019 17.1%
2018 19.6%
2017 29.8%
2016 30.7%
2015 9.4%
2014 7.3%
2013 8.8%
2012 10.3%
2011 13.5%
2010 14.5%
2009 13.7%
2008 12.5%
2007 12.3%
2006 13.3%
2005 23.0%
2004 43.5%
2003 98.2%

Frequently Asked Questions

What is the GDP per capita of Angola in 2024?

The GDP per capita of Angola is 2,122 USD in 2024. When adjusted for purchasing power parity (PPP), the GDP per capita is 8,348 international dollars. This indicator measures the economic output per person and is a key metric for comparing economic prosperity across countries.

What are the main industries in Angola?

The main economic sectors in Angola include banking and financial services, construction and real estate, manufacturing (metals, steel), and information technology. Supporting sectors include logistics and transportation, tourism and hospitality, agriculture and food processing, and energy and utilities. These industries contribute significantly to GDP, employment, and overall economic stability.

What is the inflation rate in Angola in 2024?

The inflation rate in Angola is 28.2% in 2024. Inflation measures the rate at which the general level of prices for goods and services rises, eroding purchasing power. This data is updated regularly from reliable sources like the World Bank and IMF.

Explore key economic indicators of Angola including GDP, inflation, unemployment, and trade data. This page provides up-to-date statistics and visual insights based on official international sources such as World Bank, IMF, and ILO.

Our comprehensive database allows you to compare Angola's economic performance with other countries and understand global economic trends. Access current economic indicators, historical data, and comparative analysis to gain a deeper understanding of Angola's economic landscape. For demographic data, visit our population statistics section.

Data Sources

All economic data presented on this page is sourced from reputable international organizations and updated regularly.

  • World Bank: GDP, inflation, unemployment, trade, and economic indicators
  • IMF (International Monetary Fund): Economic indicators and financial statistics
  • OECD: Economic and social statistics
  • Transparency International: Corruption perception index
  • Numbeo: Cost of living data

Data is updated monthly. Last update: December 2025