Angola

Angola

Angola facts and figures

Angola's Independence Day
Angola's Independence Day

11 November

Located on the Atlantic coast in the southern part of Africa, the Republic of Angola is the second largest oil producer in Africa.

It has a population of around 27.5 million and is bordered by Zambia to the east, Namibia to the south and the Democratic Republic of Congo to the north. Its capital city is Luanda and the national currency is the kwanza. Portuguese is its official language, but Bantu and other African languages are also spoken. Angola gained independence from Portugal in 1975.

Angola’s impressive economic growth rate is being driven by its oil sector. Oil production and its supporting activities contribute about 45 per cent of the nation’s gross domestic product and around 95 per cent of exports.

Angola’s President is HE João Manuel Gonçalves Lourenço. The country joined OPEC in 2007.

Did you know?

  • Angola’s most important river is the Cuanza, from which the country’s currency derives its name.
  • Angola first produced oil from the Benfica oilfield in the Cuanza Basin in 1955.


Below data covers 2016

Population (million inhabitants) 27.490
Land area (1,000 sq km) 1,248
Population density (inhabitants per sq km) 22
GDP per capita ($) 3,486
GDP at market prices (million $) 95,821
Value of exports (million $) 25,935
Value of petroleum exports (million $) 25,935
Current account balance (million $) -4,929
Proven crude oil reserves (million barrels) 9,523
Proven natural gas reserves (billion cu. m.) 308.1
Crude oil production (1,000 b/d) 1,721.6
Marketed production of natural gas (million cu. m.) 1,919.0
Refinery capacity (1,000 b/cd) 65.0
Output of refined petroleum products (1,000 b/d) 53.0
Oil demand (1,000 b/d) 122.0
Crude oil exports (1,000 b/d) 1,670.1
Exports of petroleum products (1,000 b/d) 54.3
Natural gas exports (million cu. m.) 1,149.0

  • b/d (barrels per day)
  • cu. m. (cubic metres)
  • b/cd (barrels per calendar day)

Source: Annual Statistical Bulletin 2017

  • HE Eng. Diamantino Pedro Azevedo

    HE Eng. Diamantino Pedro Azevedo

    Minister of Mineral Resources and Petroleum

    Head of Delegation

    Download CV
  • Mr. Estévâo Pedro

    Mr. Estévâo Pedro

    Governor for OPEC
    Chairman of the Board of Governors

  • Mr. Kupessa Daniel

    Mr. Kupessa Daniel

    National Representative