Dear subscriber [name],
Here is this last week’s Angola Weekly.
Highlights:
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In the fourth quarter of 2022, the Angolan economy grew by 2.6% compared to the same period in 2021;
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The non-oil economy will have grown, according to our calculations, by 5.2%, accelerating compared to 3Q 2022 (4.4% yoy);
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Looking at the GDP structure, it can be seen that there has been a gradual structural change directed towards the services sector;
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Despite the slowdown of the economy as a whole in Q4 2022, dragged down by oil production, the non-oil economy continues to grow robustly, accelerating again.
Best regards,
BFA
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