Angola

In Angola, the current economic landscape, marked by a scarcity of foreign currencies in the national bank, poses a potential challenge to the affordability and availability of goods, including hot drinks. The looming threat of increased inflation,…

In Angola, inflation concerns persist in 2023 due to a scarcity of foreign currencies, causing delays in public sector salaries. The country seeks assistance from Portugal to diversify its economy, with a focus on the Agricultural Industry, requiring…

The depreciation of the local currency made imports more expensive at the end of the review period. This had a significant impact on the supply of and demand for imported products, in a country where the majority of medication is imported.…

In 2023, home care in Angola has seen the alleviation of importation bureaucracy and governmental efforts to regulate product prices. Despite a marginal decrease, not all products were uniformly affected. Pricing and product availability continue to…

Tissue and hygiene in Angola continues to register positive sales growth as the proliferation of locally manufactured products across all categories and the spread of modern retailing combined with population growth, rising affluence and urbanisation…

Although corruption is being tackled, it remains pervasive in Angola, whilst one party’s grip on power weakens democracy. Economic momentum is slowing, largely owing to elevated inflation, but the foreign investment climate is improving and new trade…

In 2023, the COVID-19 pandemic is no longer a strong factor in the performance of staples foods, with the category now being impacted by global inflation. However, as Angola is a country that benefits from exports, the country is benefiting from…

Sales of alcoholic drinks increased in 2022 in both the off- and the on-trade as the market continued to recover from declines seen during the pandemic. Rising local production played a huge role by making products more affordable and more…

Consumer shopping habits still favour traditional and informal retail in Angola. Retail was hit hard by the COVID-19 pandemic, with the economy suffering. However, with a recovering economy expected in the forecast period and the government focus on…

The snacks market in Angola is set to see solid growth during 2023, with ongoing demand supported by the fact that several snacks categories offer a wide range of products across the price spectrum. In addition, the robust expansion of local…

Tobacco use remains somewhat limited in Angola, with cigarettes remaining the most popular category in 2022. Moreover, despite more stringent tobacco control legislation, attitudes towards tobacco remain relatively favourable, while cigarettes are…

In 2023, the COVID-19 pandemic has come to a close. However, the industry faces other challenges such as inflation due to rapidly increasing oil and fuel prices. However, sales continue to benefit from population growth, urbanisation, and government…

In 2023, the COVID-19 pandemic is no longer a strong factor in the performance of cooking ingredients and meals, with the category now being impacted by global inflation instead. However, the annual inflation rate dropped to 11% in April 2023, the…

Beauty and personal care saw steady growth in 2022 backed by the lifting of COVID-19 restrictions and an increase in economic activity. COVID-19 had a negative impact on demand with many consumers plunged into economic uncertainty, with this being…

Household numbers in Angola are expected to see a moderate increase from 2022 to 2027, with couples with children remaining the most prevalent household type. In 2022, household spending faced challenges due to a 14.9% inflation rate, leading to…

The commodities country overview provides comprehensive data on production, consumption and price trends on key commodities markets. The commodities overview in Angola covers production and consumption trends in agricultural commodities, energy…

Luanda and Lubango are Angola’s most economically vibrant cities. While lagging behind their global counterparts, these cities are leaders in Angola in terms of digital connectivity. Luanda, with the highest potential for future economic growth, also…

Disposable income per capita is poised to decline in real terms between 2022 and 2027, driven by escalating inflation and unemployment. The trend is predicted to worsen considerably the already significant income inequality, with discretionary…

Angola’s Economic Freedom Ranking is dragged down by lack of price stability and inefficient processes of starting, operating and closing business. Heavy constraints on investment capital flow and overdependence on hydrocarbons limit investment…

The report examines the economic landscape of Angola and provides information on major monetary indicators, foreign trade, investment and government finance. The economy in Angola expanded in real terms in 2022, driven by increasing private…