GDP (Gross Domestic Product): Angola

Analysis# Angola GDP (Gross Domestic Product) Angola's GDP stands at $109.855 billion in 2026, reflecting a nation in economic transition. The country peaked at $164.448 billion in 2014, driven by oil-dependent growth, but has since contracted significantly. From its 1994 low of $6.529 billion, Angola achieved a 1158.4% increase through 2026, demonstrating substantial long-term economic expansion despite recent volatility. The past decade reveals sharp cyclical swings tied to oil price fluctuations. GDP collapsed from $139.835 billion in 2017 to $66.521 billion by 2020, then rebounded to $142.442 billion in 2022 before declining again. Current projections suggest stabilization around $109–115 billion, indicating Angola's economy has recalibrated to lower but more sustainable levels following the commodity boom-bust cycle of the 2010s.