Flash Note N.º 11/2025

Dear subscriber [name],

Please find attached our most recent Flash Note:

Highlights:

• In Q3 2025, Angola's economy grew by 1.8% compared to the same quarter of the previous year;

• The non-oil economy continued to accelerate in Q3 2025, despite indicators suggesting a potential slowdown;

• The economy has shown mixed performance, still demonstrating fragility in several sectors, with particular emphasis on the oil sector. For this sector specifically, we anticipate a contraction of around 0.9% yoy in the last quarter of the year, driven by decline in production, which is expected to negatively impact on economic growth



Best regards,
BFA


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