Angola GDP Growth Slows in Q2

The annual economic growth in Angola decelerated to 1.1% in Q2 2025 from an upwardly revised 3.7% in the previous three-month period. This was the slowest economic expansion in the ongoing period of growth that began in Q1 2024, driven by the non-oil sector (+3.4%). The information and communication sector was a standout performer, growing 38.1% and contributing 0.59 percentage points to GDP growth due to changes in estimation methods and increased revenue. Other sectors with significant growth included accommodation and food services (8%), commerce (6.5%), manufacturing (5.2%), and diamond and metallic mineral extraction (6.8%). Meanwhile, the oil sector experienced an 8.65% contraction, marking its poorest performance since 2021, as average daily production slumped to its lowest since March 2023. On a quarterly basis, the GDP was almost flat in Q2, after an upwardly revised 2.4% rise in the previous period.