Flash Note

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

  • In the fourth quarter of 2022, the Angolan economy grew by 2.6% compared to the same period in 2021;

  • The non-oil economy will have grown, according to our calculations, by 5.2%, accelerating compared to 3Q 2022 (4.4% yoy);

  • Looking at the GDP structure, it can be seen that there has been a gradual structural change directed towards the services sector;

  • 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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