# Angolan macroeconomic indicators and growth

> Live situation record from CLSTR: https://clstr.news/situations/angolan-macroeconomic-indicators-and-growth
> Updated: 2026-10-19T13:29:17.000Z. Sources: 6. Developments: 2.

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.

## Timeline

### 2026-10-19: 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 sources. https://clstr.news/cluster/angola-projected-to-rank-17th-in-africa-by-nominal-gdp-per-capita

### 2026-10-15: 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.

5 sources. https://clstr.news/cluster/angola-reports-drop-in-unemployment-and-inflation

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Cite as: Angolan macroeconomic indicators and growth. CLSTR, https://clstr.news/situations/angolan-macroeconomic-indicators-and-growth
