Partner risk indices

Country Risk Index

58.6

Political Risk Index

51

Short-Term Economic Risk Index

62.1

Long-Term Economic Risk Index

58.4

Operational Risk Index

64.4

Source: Partner Research Partner, as of 8 Nov 2026. 0-100, higher means higher risk.

Key indicators

Market overview

• Angola is in Southern Africa and is classified by the World Bank as Lower middle income. (World Bank)
• Population: 39 million (2025). (World Bank WDI)
• GDP: US$140.7bn in 2025 (estimate). (IMF WEO)

Economic conditions

• Real GDP growth: 3.1% in 2025 (estimate); the IMF projects 4.4% for 2026. (IMF WEO)
• Average consumer price inflation: 20.2% in 2025 (estimate); projected 10.6% for 2026. (IMF WEO)
• General government gross debt: 52.9% of GDP in 2025 (estimate). (IMF WEO)
• Current account balance: 0.3% of GDP in 2025 (estimate). (IMF WEO)
• Government net lending/borrowing: -4.1% of GDP in 2025 (estimate). (IMF WEO)
• Official exchange rate averaged 911.99 local currency units per US dollar in 2025, against 685.02 in 2023: 33.1% more units per dollar (the currency weakened against the dollar). (World Bank WDI)

Key risks

• Partner risk indices (0-100, higher = higher risk), as of 8 Nov 2026: Country Risk Index 58.6 (rank 30 of 53 in Africa, 1 = lowest risk); Political Risk Index 51 (rank 23 of 53 in Africa, 1 = lowest risk); Short-Term Economic Risk Index 62.1 (rank 44 of 53 in Africa, 1 = lowest risk); Long-Term Economic Risk Index 58.4 (rank 33 of 53 in Africa, 1 = lowest risk); Operational Risk Index 64.4 (rank 24 of 53 in Africa, 1 = lowest risk). (Partner Research Partner)
• Highest-scoring Partner risk component: trade and investment risk (71.5, operational). (Partner Research Partner)
• World Bank governance scores (2025, 0-100, higher is better): control of corruption 34; government effectiveness 38; political stability and absence of violence 58; rule of law 4; regulatory quality 43. (World Bank WGI)
• External debt stocks: 54.4% of GNI (2025). (World Bank WDI)
• Unemployment (modelled ILO estimate): 14.1% of labour force (2025). (World Bank WDI)

Investment considerations

• Foreign direct investment, net inflows: 1.8% of GDP (2025). (World Bank WDI)
• Domestic credit to the private sector: 6.6% of GDP (2025). (World Bank WDI)
• Bank lending interest rate: 19.4% (2025). (World Bank WDI)
• Trade (exports plus imports): 34.6% of GDP (2025). (World Bank WDI)
• The Meridian holds 163 published records tagged to Angola. (The Meridian)

Sector snapshot

• Energy and power: access to electricity 55.5% of population (2024); renewable share of final energy consumption 52.9% (2021). (World Bank WDI)
• Mining and minerals: mineral rents 0% of GDP (2021); ores and metals exports 5.9% of merchandise exports (2025). (World Bank WDI)
• Financial services: foreign direct investment, net inflows 1.8% of GDP (2025); bank lending interest rate 19.4% (2025). (World Bank WDI)
• Technology, media and telecoms: internet users 40.7% of population (2024); mobile subscriptions 69.7 per 100 people (2024). (World Bank WDI)
• Agriculture: agriculture, forestry and fishing, value added 25.2% of GDP (2025); employment in agriculture 51.9% of employment (2025). (World Bank WDI)
• Manufacturing and industry: manufacturing, value added 6.8% of GDP (2025); industry (including construction), value added 27.1% of GDP (2025). (World Bank WDI)
• Infrastructure and real estate: urban population 71.5% of population (2025); access to electricity 55.5% of population (2024). (World Bank WDI)

Data limitations and sources

• Older data, shown with its period and not described as current: Renewable share of final energy consumption (Latest published value is for 2021); Oil rents (Latest published value is for 2021); Mineral rents (Latest published value is for 2021).
• IMF figures for the most recent year are IMF estimates and later years are projections. World Bank series typically lag by one to two years. Headlines come from automated news monitoring and are not verified by The Meridian.
• Sources last checked 15 Nov 2026.

Meridian transactions

• Circle Ventures invests in CrissCross’ operations in Africa
• Advice to an oil company on a joint venture to acquire offshore African oil fields
• Access Holdings acquisition of a majority stake in Finibanco Angola
• Africa Finance Corporation US$2bn syndicated term loan (26 lenders): Nigerian counsel to the lenders
• Angola: TotalEnergies’ Kaminho project
• Anglo American’s sale of 85% of De Beers