About Angola
- Republic of Angola is Africa’s second largest oil producer behind Nigeria.
- A former Portuguese economy, Angola has experienced rapid economic growth in the 21st century driven by the oil sector.
- Angola is also the third largest financial market in Sub-Saharan Africa behind Nigeria and South Africa with openness to foreign investment and partnerships in all industries from construction, diamonds, retail and energy.
- Highlight: Cimel Oilfield Services, a 100% owned Angolan company, is committed to the sustainable growth and development of Angola.
Capital City: Luanda
Major Cities: Cabinda, Huambo, Lubango, Soyo
Official Language: Portuguese
Currency: kwanza (AOA) per US dollar –
Major Industries: petroleum; diamonds, iron ore, phosphates, feldspar, bauxite, uranium, and gold; cement; basic metal products; fish processing; food processing, brewing, tobacco products, sugar; textiles; ship repair
| Population (million inhabitants) | 19.18 |
| Land area (1,000 sq. km) | 1,248 |
| Population density (inhabitants per sq. km) | 15 |
| GDP per capita ($) | 6,282 |
| GDP at market prices (million $) | 120,509 |
| Value of exports (million $) | 68,191 |
| Value of petroleum exports (million $) | 67,829 |
| Current account balance (million $) | 8,036 |
| Proven crude oil reserves (million barrels) | 9,011 |
| Proven natural gas reserves (billion cu. m.) | 275 |
| Crude oil production (1,000 b/d) | 1,701 |
| Marketed production of natural gas (million cu. m.) | 925 |
| Refinery capacity (1,000 b/cd) | 39 |
| Output of refined petroleum products (1,000 b/d) | 45.4 |
| Oil demand (1,000 b/d) | 128 |
| Crude oil exports (1,000 b/d) | 1,669 |
| Exports of petroleum products (1,000 b/d) | 33.0 |
| Natural gas exports (million cu. m.) | 517 |
- b/d (barrels per day)
- Cu. m. (cubic meters)
- b/cd (barrels per calendar day)
Source: Annual Statistical Bulletin 2014
tags: Angola concessions map; Angola overview; OPEC Angola data; offshore onshore Angola
