Get Adobe Flash player


Economy

Official Currency:  Kwanza (Kz)

Exchange Rate (25/02/2014): US$1 = 96,1760 Kz

For a more accurate exchange rate visit:

Banco Nacional de Angola
XE.com - Full Universal Currency Converter

Trading currency: US Dollars

GDP per capita: IMF: US$4,302 (2009), World Bank: US$3,734 (2009E)

Gross Domestic Product (GDP): $US74,474 million (2009E)
Real GDP Growth Rate: 7.1%(2013),8.2% (2012),3.5% (2011) ,3.4% (2010)

Inflation rate (consumer prices):  14.5% (2013); 13.5%(2012); 10%(2011); 9.4%(2010)

Current Account Balance:
US$4.941 billion (2009E)
US$17.11 billion (2008E)
US$1.4 billion (1999E)
US$1.9 billion (1998E)

Population: 18,498,000 (2009)
Population growth rate: 2.8% (2005-2010E - United Nations list)

National Debt/GDP ratio: 18%
Rate of Inflation: 18% (2011)
Public Debt/PIB: 18%
Tax of Inflation: 18% (2011)
Employment structure: Primary sector 68.5%; Secondary 4.5%; Tertiary 26.8%
Principal exports: Crude oil, diamonds, Refined Petroleum Products, other minerals, timber, fish, coffee, cotton and sisal.
Principal imports: Foodstuffs, beverages, plant products, electrical equipment, military equipment, vehicles and spare vehicle parts.
Main trading partners: Brazil, South Africa, Belgium, Portugal, Spain, Germany, China, France and USA .
Main Ports: Luanda, Lobito and Namibe.
Total External Debt (2000E): US$12 billion.