Broad-based expansion gains traction
According to data released by the National Statistics Institute of Angola, Angola GDP growth reached 5.7% year-on-year in the fourth quarter of 2025. The expansion marks one of the strongest quarterly performances in recent years. Moreover, it confirms a steady recovery pattern observed throughout the year.
Oil production contributed positively, supported by improved output levels and relative price stability. However, non-oil sectors also gained traction. Trade, fisheries, construction and selected manufacturing segments recorded measurable gains. As a result, economic diversification efforts appear to be yielding gradual results.
Oil sector stabilisation supports growth
Hydrocarbon output remains central to Angola’s economy. Therefore, production stability continues to shape overall GDP performance. In the fourth quarter, output levels improved compared to the same period in 2024, easing earlier volatility.
The Ministry of Finance of Angola has consistently highlighted the importance of balancing oil revenues with structural reform. Meanwhile, coordination with the International Monetary Fund has supported fiscal consolidation and macroeconomic stability. Consequently, stronger revenue management has reinforced investor confidence.
Non-oil sectors show renewed dynamism
Beyond hydrocarbons, Angola GDP growth reflects improving activity in agriculture, retail trade and construction. Public infrastructure programmes have supported job creation, while private investment is gradually recovering. In addition, credit conditions have shown moderate improvement.
The National Bank of Angola has maintained a cautious monetary stance to contain inflationary pressures. Nevertheless, price dynamics have moderated compared to prior peaks. This environment has provided greater predictability for businesses and households.
Outlook remains cautiously constructive
Looking ahead, Angola GDP growth will depend on sustained oil output, continued reform momentum and investment inflows. External demand trends in Asia remain relevant for export performance. At the same time, regional trade integration within Southern Africa could further support non-oil expansion.
International partners such as the World Bank have emphasised the importance of structural transformation. Therefore, maintaining reform consistency will be essential. If momentum continues, Angola GDP growth may remain resilient into 2026, reinforcing the country’s medium-term recovery trajectory.
