Angola
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Angola
Issuer
Abbreviation
Phone
Location
Capital
Official languages
Population
Currency
ISO 4217
Luanda
Angola
Portuguese
36,684,202
AOA
Kwanza
Delivery
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Certificate of incorporation
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Articles of association
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Meeting minutes
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Company stamp
Document checklist:
<Economy>
"Angola has seen a steady improvement in its economy over the past few years. According to the World Bank, the country’s GDP grew by an estimated 3.7% in 2019, up from 2.8% in 2018. This growth was driven by increased oil production and higher oil prices. The country’s oil production increased by 8.3% in 2019, while oil prices rose by an average of 8.2%.
The country’s inflation rate has also been on the decline, dropping from an estimated 24.3% in 2018 to an estimated 17.2% in 2019. This has been attributed to the government’s efforts to reduce the budget deficit and improve fiscal discipline.
The country’s unemployment rate has also been on the decline, dropping from an estimated 20.2% in 2018 to an estimated 17.7% in 2019. This has been attributed to the government’s efforts to create more jobs and reduce poverty.
Overall, Angola’s economy has seen a steady improvement over the past few years, with increased oil production and higher oil prices driving growth. The government’s efforts to reduce the budget deficit and improve fiscal discipline have also helped to reduce inflation and unemployment."