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 28.4 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 50 per cent of the nation’s gross domestic product and around 92 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 2017

Population (million inhabitants) 28.360
Land area (1,000 sq km) 1,248
Population density (inhabitants per sq km) 23
GDP per capita ($) 4,380
GDP at market prices (million $) 124,209
Value of exports (million $) 34,471
Value of petroleum exports (million $) 31,550
Current account balance (million $) -6,501
Proven crude oil reserves (million barrels) 8,384
Proven natural gas reserves (billion cu. m.) 422
Crude oil production (1,000 b/d) 1,632.2
Marketed production of natural gas (million cu. m.) 3,111.0
Refinery capacity (1,000 b/cd) 80
Output of petroleum products (1,000 b/d) 55
Oil demand (1,000 b/d) 115.5
Crude oil exports (1,000 b/d) 1,576.7
Exports of petroleum products (1,000 b/d) 17.2
Natural gas exports (million cu. m.) 517.3

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

Source: Annual Statistical Bulletin 2018

  • HE Dr. Diamantino Pedro Azevedo

    HE Dr. Diamantino Pedro Azevedo

    Minister of Mineral Resources and Petroleum

    Head of Delegation

    Download CV
  • Mr. Estévâo Pedro

    Mr. Estévâo Pedro

    Governor for OPEC

  • Mr. Kupessa Daniel

    Mr. Kupessa Daniel

    National Representative