Attribute | Value |
---|---|
Geography | |
Area | 1,246,700 km² |
Continent | Africa |
Land area | 1,246,700 km² |
Water area | 0 km² |
Land boundaries | 5,369 km |
Border countries |
|
Coastline | 1,600 km |
Mean elevation | 1,112 m |
Lowest point | 0 m |
Highest point | 2,620 m |
People | |
Population | 32,522,339 |
Official languages |
|
Religion | Roman Catholic |
Government | |
Long country name | Republic of Angola |
Short country name | Angola |
Long local name | Republica de Angola |
Short local name | Angola |
Former name |
|
Government type | Presidential republic |
Capital | Luanda |
Economy | |
GDP (PPP) | 193,600,000,000 USD |
GDP (OER) | 126,500,000,000 USD |
GDP (real growth rate) | -2.5 % |
GDP - per capita (PPP) | 6,800 USD |
Gross national saving | 28.6 % of GDP |
Labor force | 12,510,000 |
Unemployment rate | 6.6 % |
Population below poverty line | 36.6 % |
Budget revenues | 37,020,000,000 USD |
Budget expenditures | 45,440,000,000 USD |
Military expenditures | 1.78 % of GDP |
Taxes and other revenues | 29.3 % of GDP |
Budget surplus or deficit | -6.7 % of GDP |
Public debt | 65 % of GDP |
Inflation rate | 29.8 % |
Central bank discount rate | 9 % |
Commercial bank prime lending rate | 15.82 % |
Stock of narrow money | 32,390,000,000 USD |
Stock of broad money | 32,390,000,000 USD |
Stock of domestic credit | 16,020,000,000 USD |
Market value of publicly traded shares | Add |
Current account balance | -1,254,000,000 USD |
Exports | 33,070,000,000 USD |
Imports | 19,500,000,000 USD |
Reserves of foreign exchange and gold | 17,290,000,000 USD |
External debt | 42,080,000,000 USD |
National currency | kwanza |
National currency (code) | AOA |
National currency (symbol) | Kz |
National currency rate to USD | 172.6 |
Angola scores low on human development indexes despite using its large oil reserves to rebuild since the end of a 27-year civil war in 2002. Fighting between the Popular Movement for the Liberation of Angola (MPLA), led by Jose Eduardo DOS SANTOS, and the National Union for the Total Independence of Angola (UNITA), led by Jonas SAVIMBI, followed independence from Portugal in 1975. Peace seemed imminent in 1992 when Angola held national elections, but fighting picked up again in 1993. Up to 1.5 million lives may have been lost - and 4 million people displaced - during the more than a quarter century of fighting. SAVIMBI's death in 2002 ended UNITA's insurgency and cemented the MPLA's hold on power. DOS SANTOS stepped down from the presidency in 2017, having led the country since 1979. He pushed through a new constitution in 2010. Joao LOURENCO was elected president in August 2017 and became president of the MPLA in September 2018.