A MARKET FULL OF OPPORTUNITIES
Angola experienced one of the highest economic growths in the world between 2001 and 2010. After slowing down slightly to 4% during 2011, GDP growth increased again to 8.4% in 2012.
The latest macro indicators reflect a growing economic and political stability in the country.
Moderating inflation rates (14% in 2011, 10% in 2012, 8% expected in 2013) and an average 8.6% GDP growth for the next 5 years, will boost domestic demand exponentially up to 27% according to the IMF.
Also, and for the first time, the economy is starting to diversify and non oil sectors are beginning to grow at higher rates than the petroleum industries.
Imports in Angola increased to 7449.51 USD Million in the second quarter of 2013 from 5219.97 USD Million in the first quarter of 2013
Africa´s second-largest oil producer, due to become Africa´s first by 2015.
Angola is experiencing a robust recovery in 2013 according to the World Bank