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2 clusters · 6 sources · 4 days · First seen · Last updated

Angolan macroeconomic indicators and growth

Overview

In October 2026, reports indicated a shift in Angola’s macroeconomic landscape. President João Lourenço reported that the national unemployment rate fell to 21.3% in the first quarter of 2026, down from 31.5% in 2024, though youth unemployment remained high at 40.7%. Inflation also saw a significant decrease, dropping to 10.8% in June 2026 from 27.5% in 2024.

Simultaneously, IMF projections for 2026 suggest Angola will rank 17th in Africa for nominal GDP per capita, with an estimated value of $3,876 per person. While the country’s economic performance is heavily influenced by the oil sector, challenges persist regarding economic diversification, productivity, and job creation.

Entities

Angola · National Institute of Statistics · João Lourenço · International Monetary Fund · National Bank of Angola

Timeline

  1. [BUSINESS] 2 sources
    Angola projected to rank 17th in Africa by nominal GDP per capita

    Angola is projected to rank 17th in Africa for nominal GDP per capita in 2026 at $3,876, according to IMF data, surpassing Zimbabwe and Ghana but trailing leaders like Seychelles.

  2. [BUSINESS] 5 sources
    Angola reports drop in unemployment and inflation

    Angola's unemployment rate fell to 21.3% in early 2026 from 31.5% in 2024, though youth unemployment remains high at 40.7%. Inflation also dropped significantly to 10.8% by June 2026.

Sources

360mozambique.com · cartadeangola.com · devdiscourse.com · jornalmz.com · negociosemexame.ao · zambiamonitor.com