Editing Economy of Angola (section)

==Overview==
{{See also|Agriculture in Angola|Fishing in Angola}}
Despite its abundant natural resources, output per capita is among the world's lowest. Subsistence agriculture provides the main livelihood for 85% of the population. Oil production and the supporting activities are vital to the economy, contributing about 45% to GDP and 90% of exports. Growth is almost entirely driven by rising oil production which surpassed {{convert|1.4|Moilbbl/d}} in late-2005 and which is expected to grow to {{convert|2|Moilbbl/d}} by 2007. Control of the oil industry is consolidated in [[Sonangol Group]], a conglomerate owned by the Angolan government. With revenues booming from oil exports, the government has started to implement ambitious development programs to build roads and other basic infrastructure for the nation.{{Citation needed|date=July 2007}}

In the last decade of the colonial period, Angola was a major African food exporter but now imports almost all its food. Severe wartime conditions, including extensive planting of landmines throughout the countryside, have brought agricultural activities to a near-standstill. Some efforts to recover have gone forward, however, notably in fisheries. Coffee production, though a fraction of its pre-1975 level, is sufficient for domestic needs and some exports. Expanding oil production is now almost half of GDP and 90% of exports, at {{convert|800|koilbbl/d}}. Diamonds provided much of the revenue for [[Jonas Savimbi]]'s [[UNITA]] rebellion through illicit trade. Other rich resources await development: gold, forest products, fisheries, iron ore, coffee, and fruits.<ref>{{Cite CIA World Factbook|country=Angola|section=economy|access-date=2021-03-09|year=2021}}</ref>

This is a chart of trend of [[Real versus nominal value (economics)|nominal]] gross domestic product of Angola at market prices using International Monetary Fund data;<ref name="gdptrend">{{cite web|url=http://www.imf.org/external/pubs/ft/weo/2006/01/data/dbcoutm.cfm?SD=1995&ED=2005&R1=1&R2=1&CS=3&SS=2&OS=C&DD=0&OUT=1&C=614&S=NGDP-NGDPD&RequestTimeout=120&CMP=0 |title=Report for Selected Countries and Subjects |publisher=Imf.org |date=April 2, 2003|access-date=July 13, 2014}}</ref> figures are in millions of units.
{|class="wikitable"
|-
!Year || Gross Domestic Product (*$1,000,000) || US Dollar Exchange || Per Capita Income<br/> (as % of USA)
|-
|1980 || || || 6.33
|-
|1985 || || || 4.46
|-
|1990 || || || 4.42
|-
|1995 || 5,066 || 14 Angolan Kwanza || 1.58
|-
|2000 || 9,135 || 91,666 Angolan Kwanza || 1.96
|-
|2005 || 28,860 || 2,515,452 Angolan Kwanza || 4.73
|}

The following table shows the main economic indicators in 1980–2023. Inflation below 5% is in green.<ref>{{Cite web |title=Report for Selected Countries and Subjects |url=https://www.imf.org/en/Publications/WEO/weo-database/2023/October/weo-report?c=614,&s=NGDP_RPCH,NGDPD,PPPGDP,PPPPC,PCPIPCH,GGXWDG_NGDP,&sy=1980&ey=2028&ssm=0&scsm=1&scc=0&ssd=1&ssc=0&sic=0&sort=country&ds=.&br=1 |access-date=2024-02-27 |website=www.imf.org |language=en-US}}</ref>
{| class="wikitable" style="text-align:center;"
!Year
!GDP<br /><small>(in bn. US$ PPP)</small>
!GDP per capita<br /><small >(in US$ PPP)</small>
!GDP
<small>(in bn. US$ nominal)</small>
!GDP growth<br /><small>(real)</small>
!Inflation rate<br /><small>(in Percent)</small>
!Government debt<br><small>(in % of GDP)</small>
|-
|1980
|10.9
|1,317
|6.6
|{{increase}}2.4%
|{{increaseNegative}}46.7%
|n/a
|-
|1981
|{{Increase}}11.4
|{{Increase}}1,341
|{{Decrease}}6.2
|{{Decrease}}−4.4%
|{{increase}}1.3%
|n/a
|-
|1982
|{{Increase}}12.1
|{{Increase}}1,388
|6.2
|{{Steady}}0.0%
|{{increase}}1.8%
|n/a
|-
|1983
|{{Increase}}13.1
|{{Increase}}1,464
|{{Increase}}6.5
|{{increase}}4.2%
|{{increase}}1.8%
|n/a
|-
|1984
|{{Increase}}14.4
|{{increase}}1,567
|{{Increase}}6.9
|{{Increase}}6.0%
|{{increase}}1.8%
|n/a
|-
|1985
|{{Increase}}15.4
|{{Decrease}}1,484
|{{Increase}}8.5
|{{Increase}}3.5%
|{{increase}}1.8%
|n/a
|-
|1986
|{{Increase}}16.1
|{{Increase}}1,515
|{{Decrease}}7.9
|{{Increase}}2.9%
|{{increase}}1.8%
|n/a
|-
|1987
|{{Increase}}17.2
|{{Increase}}1,576
|{{Increase}}9.1
|{{Increase}}4.1%
|{{increase}}1.8%
|n/a
|-
|1988
|{{Increase}}18.9
|{{increase}}1,685
|{{Increase}}9.8
|{{Increase}}6.1%
|{{increase}}1.8%
|n/a
|-
|1989
|{{Increase}}19.6
|{{Increase}}1,705
|{{Increase}}11.4
|{{Steady}}0.0%
|{{increase}}1.8%
|n/a
|-
|1990
|{{Increase}}19.7
|{{Decrease}}1,664
|{{Increase}}12.6
|{{Decrease}}−3.5%
|{{increase}}1.8%
|n/a
|-
|1991
|{{Increase}}22.8
|{{Increase}}1,865
|{{Decrease}}12.2
|{{Increase}}1.0%
|{{increaseNegative}}85.3%
|n/a
|-
|1992
|{{Increase}}26.0
|{{Increase}}2,057
|{{Decrease}}9.4
|{{Increase}}11.4%
|{{increaseNegative}}299.1%
|n/a
|-
|1993
|{{Increase}}29.6
|{{Increase}}2,067
|{{Decrease}}6.8
|{{Increase}}10.7%
|{{increaseNegative}}1,379.5%
|n/a
|-
|1994
|{{increase}}33.3
|{{increase}}2,475
|{{Decrease}}5.0
|{{Increase}}10.5%
|{{increaseNegative}}949.8%
|n/a
|-
|1995
|{{Increase}}37.5
|{{Increase}}2,698
|{{Increase}}6.2
|{{increase}}10.4%
|{{increaseNegative}}2,672.2%
|n/a
|-
|1996
|{{Increase}}42.5
|{{Increase}}2,955
|{{Increase}}8.0
|{{Increase}}11.2%
|{{increaseNegative}}4,146.0%
|n/a
|-
|1997
|{{Increase}}46.4
|{{Increase}}3,120
|{{Increase}}9.4
|{{Increase}}7.3%
|{{increaseNegative}}221.9%
|n/a
|-
|1998
|{{increase}}49.1
|{{increase}}3,196
|{{Decrease}}8.0
|{{increase}}4.7%
|{{increaseNegative}}107.4%
|n/a
|-
|1999
|{{Increase}}50.9
|{{Increase}}3,207
|{{Decrease}}7.5
|{{Increase}}2.2%
|{{increaseNegative}}248.2%
|n/a
|-
|2000
|{{Increase}}53.6
|{{Increase}}3,272
|{{Increase}}11.2
|{{Increase}}3.1%
|{{increaseNegative}}325.0%
|133.9%
|-
|2001
|{{Increase}}57.2
|{{Increase}}3,373
|{{Decrease}}10.9
|{{increase}}4.2%
|{{increaseNegative}}152.6%
|{{decreasePositive}}133.5%
|-
|2002
|{{Increase}}66.0
|{{Increase}}3,766
|{{Increase}}15.3
|{{Increase}}13.7%
|{{increaseNegative}}108.9%
|{{decreasePositive}}73.7%
|-
|2003
|{{Increase}}69.3
|{{Increase}}3,823
|{{Increase}}17.8
|{{Increase}}3.0%
|{{increaseNegative}}98.2%
|{{decreasePositive}}58.0%
|-
|2004
|{{Increase}}78.9
|{{Increase}}4,205
|{{Increase}}23.6
|{{Increase}}11.0%
|{{increaseNegative}}43.5%
|{{decreasePositive}}47.7%
|-
|2005
|{{Increase}}93.7
|{{increase}}4,815
|{{Increase}}37.0
|{{Increase}}15.0%
|{{increaseNegative}}23.0%
|{{decreasePositive}}33.5%
|-
|2006
|{{Increase}}107.7
|{{increase}}5,341
|{{Increase}}52.4
|{{Increase}}11.5%
|{{increaseNegative}}13.3%
|{{decreasePositive}}18.7%
|-
|2007
|{{Increase}}126.1
|{{Increase}}6,030
|{{Increase}}65.3
|{{Increase}}14.0%
|{{increaseNegative}}12.2%
|{{increaseNegative}}21.0%
|-
|2008
|{{Increase}}142.9
|{{Increase}}6,586
|{{Increase}}88.5
|{{Increase}}11.2%
|{{increaseNegative}}12.5%
|{{increaseNegative}}31.4%
|-
|2009
|{{increase}}145.0
|{{Decrease}}6,443
|{{Decrease}}70.3
|{{increase}}0.9%
|{{increaseNegative}}13.7%
|{{increaseNegative}}56.2%
|-
|2010
|{{Increase}}153.9
|{{Increase}}6,586
|{{Increase}}83.8
|{{Increase}}4.9%
|{{increaseNegative}}14.5%
|{{decreasePositive}}37.2%
|-
|2011
|{{Increase}}162.5
|{{Increase}}6,700
|{{Increase}}111.8
|{{Increase}}3.5%
|{{increaseNegative}}13.5%
|{{decreasePositive}}29.6%
|-
|2012
|{{Increase}}186.1
|{{increase}}7,389
|{{Increase}}128.1
|{{Increase}}8.5%
|{{increaseNegative}}10.3%
|{{decreasePositive}}26.7%
|-
|2013
|{{Increase}}199.9
|{{Increase}}7,644
|{{Increase}}136.7
|{{Increase}}5.0%
|{{increaseNegative}}8.8%
|{{increaseNegative}}33.1%
|-
|2014
|{{Increase}}220.4
|{{Increase}}8,123
|{{Increase}}145.7
|{{Increase}}4.8%
|{{increaseNegative}}7.3%
|{{increaseNegative}}39.8%
|-
|2015
|{{Decrease}}204.6
|{{Decrease}}7,274
|{{Decrease}}116.2
|{{Increase}}0.9%
|{{increaseNegative}}9.2%
|{{increaseNegative}}57.1%
|-
|2016
|{{Increase}}204.9
|{{Decrease}}7,027
|{{Decrease}}101.1
|{{Decrease}}−2.6%
|{{increaseNegative}}30.7%
|{{increaseNegative}}75.7%
|-
|2017
|{{Increase}}217.8
|{{Increase}}7,210
|{{Increase}}122.0
|{{Decrease}}−0.2%
|{{increaseNegative}}29.8%
|{{decreasePositive}}69.3%
|-
|2018
|{{Increase}}220.1
|{{Decrease}}7,038
|{{Decrease}}101.4
|{{Decrease}}−1.3%
|{{increaseNegative}}16.6%
|{{increaseNegative}}93.0%
|-
|2019
|{{Increase}}222.5
|{{Decrease}}6,877
|{{Decrease}}84.5
|{{Decrease}}−0.7%
|{{increaseNegative}}17.1%
|{{increaseNegative}}113.6%
|-
|2020
|{{Decrease}}212.7
|{{Decrease}}6,362
|{{Decrease}}57.1
|{{Decrease}}−5.6%
|{{increaseNegative}}22.3%
|{{increaseNegative}}138.9%
|-
|2021
|{{Increase}}224.9
|{{Increase}}6,518
|{{Increase}}74.9
|{{Increase}}1.2%
|{{increaseNegative}}25.8%
|{{decreasePositive}}86.8%
|-
|2022
|{{Increase}}248.1
|{{Increase}}6,944
|{{Increase}}122.8
|{{Increase}}3.0%
|{{increaseNegative}}21.4%
|{{decreasePositive}}66.7%
|-
|2023
|{{Increase}}260.3
|{{Increase}}7,077
|{{Decrease}}93.8
|{{Increase}}1.3%
|{{increaseNegative}}13.1%
|{{increaseNegative}}84.9%
|}