Angola's Gross Domestic Product (GDP) expanded by 2.2 percent in the fourth quarter of 2021. Transportation and logistics, and fishery boosted the growth performance, each sector with a variation of over 30 percent in value-added to the economy. Mining also had a key role, with a 20 percent increase in the sector's GDP. On the other hand, financial activities, oil extraction and refining, and telecommunications saw shrinkage in their value added to the country's GDP.
Gross Domestic Product (GDP) growth rate in Angola as of Q4 2021, by economic activity
Characteristic
GDP growth rate
Transportation and logistics
39.4%
Fishery
37.7%
Mining
20%
Construction
5.3%
Agriculture and forestry
3.4%
Manufacturing industry
3.2%
Real state and renting
3.1%
Electricity and water
2.4%
Retail
2.4%
Public administration, defense and social security
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Banco Nacional de Angola. (May 17, 2022). Gross Domestic Product (GDP) growth rate in Angola as of Q4 2021, by economic activity [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1137408/gdp-growth-rate-in-angola-by-economic-sector/
Banco Nacional de Angola. "Gross Domestic Product (GDP) growth rate in Angola as of Q4 2021, by economic activity." Chart. May 17, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1137408/gdp-growth-rate-in-angola-by-economic-sector/
Banco Nacional de Angola. (2022). Gross Domestic Product (GDP) growth rate in Angola as of Q4 2021, by economic activity. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1137408/gdp-growth-rate-in-angola-by-economic-sector/
Banco Nacional de Angola. "Gross Domestic Product (Gdp) Growth Rate in Angola as of Q4 2021, by Economic Activity." Statista, Statista Inc., 17 May 2022, https://www.statista.com/statistics/1137408/gdp-growth-rate-in-angola-by-economic-sector/
Banco Nacional de Angola, Gross Domestic Product (GDP) growth rate in Angola as of Q4 2021, by economic activity Statista, https://www.statista.com/statistics/1137408/gdp-growth-rate-in-angola-by-economic-sector/ (last visited November 21, 2024)
Gross Domestic Product (GDP) growth rate in Angola as of Q4 2021, by economic activity [Graph], Banco Nacional de Angola, May 17, 2022. [Online]. Available: https://www.statista.com/statistics/1137408/gdp-growth-rate-in-angola-by-economic-sector/