Flash Note

Dear subscriber [name],

Highlights:

In the 3rd quarter of 2022, the Angolan economy grew 3.9% compared to the same period of 2021;
We are quite confident that non-oil economic activity will continue to grow, probably at a similar or slightly higher pace than in Q3 2022;
Thus, for the whole of 2022, economic growth likely stood around 3.3-3.8%, supported by growth of 3.8-4.3% in the non-oil economy and 2.2-2.7% in the oil economy.;
The general level of non-oil economic activity in 2023 is expected to grow between 3.8-4.3%, with a growth rate similar to that of 2022, with factors pulling from both sides;

Best regards,
BFA

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