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Analysis by Region - Emerging Markets - Angola

Publisher Oxford Economics
Published Feb 17, 2025
Length 6 Pages
SKU # OFE19846965

Description

Economic growth surpassed our expectations in 2024, but we still anticipate the Angolan economy to cool in 2025 due to a slower expansion in the oil sector. Elevated inflation, fiscal consolidation efforts, and continued dry weather conditions thwart the potential for higher real GDP growth. We forecast economic growth to ease to 2.9% in 2025 from 4.5% in 2024.

Table of Contents

6 Pages
Angola: Growth to slow in 2025 after a strong showing last year
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Background
Economic development
Structure of the economy
Balance of payments
Policy and politics
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