Angola’s Economy Stalls in Q2 with Marginal Growth

Angola’s Q2 2023 GDP grew by 0.2%, reflecting a meager 0.01% year-over-year increase, indicative of the oil production slump. Oil and gas lead the economic sectors, holding a 28.2% share. Next, trade accounts for 19.8%, followed by agriculture at 13%. Other services contribute 12.4%. The National Statistics Institute reported a 2.9% drop in oil and […]

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