Angola: Expected growth of 1.6% for the oil sector in 2025
- Jan 30, 2025
- 1 min read
According to the National Bank of Angola (BNA), the oil sector is expected to grow by 1.6% in 2025, supported by strategic investments. In 2024, oil exports generated $36.2 billion, accounting for 85.6% of the country's revenue.
The Angolan economy is forecast to expand by 3.5% overall, with strong growth in non-oil GDP (+4.2%), driven by agriculture, fishing, infrastructure and private investment. Inflation, currently at 27%, should fall to 17% by 2025, favouring a more stable economic climate.
Angola offers many opportunities for investors and suppliers. ABBB is ready to assist any company wishing to explore this dynamic and growing market.
Sector : Oil & Gas
